April 30, 2013
The Wall Street Journal
Actifio Named to CRN Magazine Inaugural Big Data 100 List
Actifio(TM), the radically simple copy data storage company, announced that it has been named to the inaugural Big Data 100 list by CRN Magazine in the data management category. The list recognizes innovative technology vendors that offer products and services to help businesses manage "Big Data" -- the rapidly increasing volume, speed and variety of information being generated today. It covers three categories: business analytics, data management, infrastructure and services.
Today's enterprise IT infrastructure faces a tidal wave of data, coupled with the growing cost and complexity of the software tools, hardware, and personnel required to manage it. Savvy IT executives are recognizing that the driver of this exponential growth is the copy data -- redundant copies of corporate data created by point tools to meet the business requirements to protect, share, and analyze information. With a purpose-built solution to address the root cause of the copy data problem -- siloed data protection and availability applications -- Actifio offers customers the ability to recover anything instantly for a total cost of ownership up to 90 percent less than the traditional model.
"We're humbled to be recognized with other industry leaders on CRN's inaugural Big Data 100 listing," said Ash Ashutosh, Actifio Founder & CEO. "This recognition confirms what our users worldwide have already experienced -- of the use of storage virtualization to free ourselves from the complex tangle of data protection and availability applications consuming more and more of our IT budgets."
IDC estimates that last year, more than 60 percent of enterprise disk storage systems (DSS) capacity was made up of copy data. Similarly, in 2012, copy data made up nearly 85 percent of hardware purchases and 65 percent of storage infrastructure software revenue.** Organizations of all sizes -- in 18 countries worldwide-- have adopted Actifio's solutions, replacing legacy backup, snapshot, disaster recovery, and business continuity applications with a single, purpose-built copy data storage system. Actifio recently announced* that it closed the first quarter of 2013 with over 500 percent year-over-year bookings growth, securing eleven consecutive quarters of double-digit growth in the process.
To read the full press release, visit: http://online.wsj.com/article/PR-CO-20130430-909173.html?mod=googlenews_wsj