Includes Backup/Recovery, Archiving, DPM, VTL, CDP, Data De-duplication, DRM.
Data is the lifeblood of an enterprise. And yet data has been protected in essentially the same fashion over the past two decades, i.e. by backing it up to tape and sending the tapes offsite. This method alone is no longer adequate and a spade of new technologies has become available in the last five years. These new technologies are already transforming the way data is protected, how long it is kept online, how it is archived. Recovery Management has emerged as a new discipline focused on recovering data rather than copying data. The new compliance requirements are essentially requiring companies of all sizes to upgrade their data protection infrastructures or be subject to huge fines. The level of innovation in this space is torrid. Taneja Group covers this space from end to end and has defined many of the new categories that now are considered the norm. The analysts that cover this space have deep industry backgrounds in developing and marketing these technologies.
ExaGrid, a startup located in Westborough, MA, announced on November 17, 2003 an architecture for storing and managing files that combines a variety of technologies to essentially create a self managing, self healing NAS product that scales simultaneously in the dimensions of capacity and performance and offers built in data protection. The product based on this architecture will be delivered in Q1, 2004. We think the architecture has considerable merit and the product will have a serious positive impact on the customer.
Data protection technologies have basically remained unchanged for the last twenty years. For a variety of reasons, including what appears to be an unstoppable hunger for collecting more data, a 7×24×365 work environment and new uncertainties associated with the current geopolitical environment, data protection has taken on a more significant meaning than ever before.
While the Data Tsunami continues unabated and most of the Global 2000 are still struggling to enhance their data protection methodologies, in comes regulations that require data be retained online for specified periods of time in a secure manner. In addition, this data must be authenticated to be the original.
EMC announced today their intention of buying Legato Corporation. The deal is valued at $1.3B, based upon yesterday’s closing price of $11.76 per share for EMC shares. It is expected to close before year-end 2003. We think this is a good deal for both sides.