SiliconANGLE CEO John Furrier and Wikibon’s Stu Miniman just did a wrap up of Brocade Tech Day. The even has proven to be a very interesting one so far, with new products meant to reinforce the company’s position in the Ethernet market.

Miniman started by reflecting on Brocade’s history. Thanks to a number of acquisitions over the years, the firm gradually transitioned from being a storage company to a networking vendor, and now that the market is really starting to heat up — Brocade’s established itself in a fairly solid position. “They make good technology,” Miniman said.

The ball passed to Furrier, who focused on the part that management played in getting Brocade to where it is today. He credits a lot to CEO Michael Klayko, who’s responsible for many of the aforementioned investments.

Miniman has a similar take. The Wikibon analyst added that the company has built up a solid bench of networking talent, a vital resource especially when coupled with Brocade’s strong management and good understanding of the market. The vendor is in a leadership position in the Ethernet fabric market, and is doing its best o stay ahead of the curve with a foothold in the software-defined trend.

Further down the road, Miniman believes that Brocade will need to beef up its ecosystem if it wants to find itself in a more strategic position.  Partnering up with service providers that can add more value to its portfolio would be a step in the right direction –Brocade deals primary with OEMs today.

The discussion shifted to the Wall Street angle. Furrier dismissed criticism from analysts concerning the delayed launches of some of the produces that were unveiled today – he stressed that while Brocade may have missed its own deadline, it’s still ahead of the competition.

For the rest of the event recap, including a bit of commentary about iPhone 5, view the full video below.