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Michael Welts

“Don’t Ask How You’ll Beat the Competition” Wasabi CMO Michael Welts on Building the “Hot Cloud Storage” Category

Marketing August 25, 2026

Michael Welts didn’t set out to build a better storage vendor. As Wasabi’s Chief Marketing Officer and a member of its founding team, he helped build an entirely new category, “hot cloud storage,” by starting somewhere most marketers don’t: with the assumptions customers had quietly accepted as unavoidable. Egress fees, complicated pricing tiers, the trade-off between cost and performance. Welts and his team asked why those compromises existed at all.

 

With more than 30 years building brands across venture-backed startups, hypergrowth companies, and publicly traded market leaders, including a role in introducing the 10BASE-T standard that reshaped networking, Welts has made a career out of changing how people think rather than simply promoting what a company sells. In this conversation, he discusses why credibility today comes from consistency rather than creativity, how Wasabi decided which industry conversations were worth leading, and why he believes the biggest marketing opportunities come from challenging assumptions rather than chasing them.

Your career has taken you from pioneering networking technologies to building entirely new market categories. Which chapter has taught you the most about marketing, and how does that shape the way you lead Wasabi?

Every stage has taught me something different, but the biggest lesson came from helping define entirely new categories rather than simply promoting products. When you're introducing something that doesn't fit neatly into an existing box, marketing isn't about generating awareness so much as changing how people think. That requires a different discipline. You have to deeply understand the customer's problem before you talk about your solution. If customers immediately understand why the old way no longer works, they'll naturally become interested in a better approach. That's the mindset we bring to Wasabi, where we start by examining the realities organizations face today and how we can address their concerns. Areas like massive data growth, unpredictable cloud storage bills, ever-increasing cyber threats, and the pressure to do more with less. If we can simplify those challenges and offer a fundamentally better approach, the technology speaks for itself.

"Hot cloud storage" wasn't just a product launch; it was a new way of framing the market. At what point did you realize customers didn't need another storage vendor, but a different way of thinking about storage altogether?

Customers weren't asking for another storage platform. They were asking why cloud storage had become so complicated and expensive. Over time we saw a pattern. Organizations accepted things like egress fees, complicated pricing tiers, and tradeoffs between cost and performance as if they were unavoidable. They had adapted to the market instead of questioning it. That's when "hot cloud storage" became much bigger than a product description. It represented a different philosophy and pointed out that customers shouldn't have to choose between affordability, speed, and simplicity. Storage should simply work, without surprises. Once customers recognized that those compromises weren't inevitable, the conversation shifted from comparing vendors to rethinking what cloud storage should look like in the first place.

Plenty of storage providers compete on features. Wasabi has largely stayed focused on simplicity, predictable pricing, and performance. Was that always a deliberate choice, or did customers ultimately steer that positioning?

It was a combination of conviction and customer validation. From the beginning, we believed cloud infrastructure had become unnecessarily complex. Every new pricing tier, feature bundle, or usage charge created more friction for customers instead of more value. What reinforced that belief was hearing customers consistently tell us that predictability mattered just as much as performance. They wanted to know what their bill would be. They wanted infrastructure they didn't have to constantly optimize. They wanted technology that solved problems instead of creating new ones. Features matter, but only when they improve the customer experience. Simplicity isn't the absence of innovation. It's often the result of making thoughtful decisions about what customers actually need.

Buyers today have heard every promise imaginable: faster, cheaper, smarter, AI-powered. So what actually earns credibility anymore? How do you make Wasabi's story stand out without adding to the noise?

Credibility comes from consistency more than creativity. Customers today are incredibly sophisticated. They can spot exaggerated claims almost immediately. What they respond to is evidence, transparency, and a company that consistently delivers on what it promises. For us, that means staying focused on tangible customer outcomes instead of chasing whatever buzzword happens to dominate the news cycle. AI is creating enormous opportunities, but AI workloads also create enormous data challenges. That's where we contribute. Rather than trying to be everything to everyone, we focus on solving a critical piece of the puzzle exceptionally well. Customers appreciate companies that know exactly where they add value.

After helping build brands through startups, hypergrowth, acquisitions, and turnarounds, has your definition of successful marketing changed? What matters far more today than it did earlier in your career?

Earlier in my career, marketing success was often measured by visibility and awareness that earned share of voice. Those things still matter, but today I think much more about business impact. Great marketing doesn't just generate attention; it builds trust, accelerates adoption, strengthens customer relationships, and creates long-term enterprise value. I've also come to appreciate alignment much more. The strongest brands aren't created by marketing alone. They're built when product, sales, customer success, and leadership all reinforce the same story through every customer interaction. Marketing's role is increasingly to create clarity across the entire organization, not just the marketplace.

Every company wants to own the next big narrative. How do you decide which industry conversations are worth leading and which trends are better left alone?

The first question I ask is simple: does this trend solve a meaningful customer problem, or is it mostly generating headlines? Technology moves incredibly fast, and it's easy to feel pressure to comment on everything. But companies build credibility by having a clear point of view, not by participating in every conversation. If a trend aligns with our strategy and helps customers make better decisions, we want to contribute. If it's mostly speculation or hype, we're comfortable letting others lead that discussion. Focus is one of the most underrated advantages in marketing.

You've spent decades helping create markets instead of simply competing in them. If another CMO studies Wasabi's journey ten years from now, what's the one marketing lesson you'd want them to take away?

Don't start by asking how you'll beat the competition. Start by asking what assumptions customers have accepted that no longer make sense. The biggest opportunities often come from challenging those assumptions. That's how new categories emerge. It's also how companies move conversations away from feature comparisons and toward fundamentally different ways of solving problems. At Wasabi, we've tried to demonstrate that innovation isn't always about inventing something entirely new. Sometimes it's about removing unnecessary complexity, making technology more accessible, and giving customers a simpler, more predictable experience. If people remember Wasabi as a company that changed expectations, and not just as another company taking market share, that would be a meaningful legacy.

Wasabi Marketing CMO Brand Strategy B2B Marketing

Michael Welts is Wasabi's Chief Marketing Officer and a member of the company's early founding team. Alongside the company's memorable and fun name, he helped to create the "hot cloud storage" category, a revolutionary approach that simplifies data storage and its cost for businesses worldwide. Michael drives the company's global marketing strategy and integrated marketing programs across brand, corporate communications, growth marketing, events and customer marketing. Michael brings 30+ years of experience building global brands across a wide spectrum of high-growth technology companies, ranging from venture-backed startups to publicly traded global market leaders. He has held executive roles for companies at all stages of growth from seed/pre-revenue to hypergrowth, IPO, and turnarounds, including Aviatrix Systems, Plexxi, and Colubris Networks (both acquired by Hewlett-Packard), Castle Networks (acquired by Siemens), Bay Networks (acquired by Northern Telecom) and Cabletron Systems (Publicly traded, NYSE). During his various tenures, Michael oversaw the creation of dozens of market categories and breakthrough technologies, including the introduction of the 10BASE-T standard that revolutionized networking. In addition to mentoring and advising numerous early-stage ventures, Michael serves as an Executive Committee Member of the Wasabi Fenway Bowl. He holds a BA in Mass Communications from Western Illinois University.

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