Seagate Named a Visionary in Gartner’s First-Ever Magic Quadrant for Disaster Recovery as a Service
May 04 2015 - 8:00AM
Business Wire
Seagate Technology plc (NASDAQ:STX), a world leader in storage
solutions, announced it has been named a Visionary in Gartner’s
2015 Magic Quadrant for Disaster Recovery as a Service (DRaaS), a
first-of-its kind report for this market, published April 21,
2015.
“We believe Seagate’s visionary position validates a long-held
understanding and commitment to this market. Since 2008, when we
began offering the Seagate EVault Cloud Resiliency Service, we’ve
led by addressing business' need to integrate cloud to support
backup and recovery, while scaling to meet data growth and service
guarantees (SLAs) that ensure limited downtime for organizations
affected by a disaster,” said Mike Palmer, Seagate’s senior vice
president and general manager of Cloud Solutions.
Seagate continues to enhance its vertically integrated software
and hardware solutions while strengthening its strategic
partnerships, ensuring its disaster recovery solutions are prepared
to meet the emerging needs of partners and customers in managing
data recovery.
Addressing DRaaS market maturity and size, Gartner explains in
its April report that, “Wider adoption of DRaaS can be largely
attributed to the proven viability of cloud-based solutions. Today,
Gartner estimates the size of the DRaaS market to be approximately
$1.3 billion, with a related compound annual growth rate of
approximately 30%. By 2018, Gartner estimates that the size of the
DRaaS market will exceed that of the market for more traditional
subscription-based DR services.” In addressing current use of DRaaS
the report points out that, “Since the beginning of 2013, however,
improved DRaaS maturity, greater provider choice and lower monthly
service costs have broadened the appeal of DRaaS across
organizations of all sizes, dispelling the myth that the DRaaS
'sweet spot' is limited to small businesses.”
Seagate’s disaster recovery service — the Seagate EVault Cloud
Resiliency Service — is highly customizable and available as a
self-managed or provider-managed service. It supports customer
recovery of virtual machines, bare-metal image restores and
production data, all from inside a managed cloud. Seagate’s
recovery testing and recovery operations are largely
provider-managed, and varying service-level agreement tiers are
guaranteed.
About Seagate
Seagate creates space for the human experience by innovating how
data is stored, shared and used. Learn more
at www.seagate.com. Follow Seagate
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©2015 Seagate Technology LLC. All rights reserved. Seagate,
Seagate Technology, EVault and the Seagate logo are trademarks or
registered trademarks of Seagate Technology LLC in the United
States and/or other countries.
About the Magic Quadrant
Gartner does not endorse any vendor, product or service depicted
in its research publications and does not advise technology users
to select only those vendors with the highest ratings or other
designation. Gartner research publications consist of the opinions
of Gartner’s research organization and should not be construed as
statements of fact. Gartner disclaims all warranties, expressed or
implied, with respect to this research, including any warranties of
merchantability or fitness for a particular purpose.
Seagate Technology plcMarlena Fernandez,
303-408-3155marlena.fernandez@seagate.com
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