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Technavio Announces Top Five Vendors in the Global Cloud Backup and Recovery Software Market until 2020Technavio has announced the top five leading vendors for the global cloud backup and recovery software market in their latest research report. This report also lists 14 other prominent vendors that are expected to contribute to the market's growth over the forecast period. To identify the top vendors, Technavio's market research analysts have considered the top contributors to the overall revenue of this market. To calculate the market size, the report considers the revenue generated from software licenses, maintenance fees, and services. "Key findings of this market research study indicate, emergence of IaaS and on-demand cloud providers will significantly boost the global cloud backup and recovery software market. With the advent of IaaS and on-demand cloud providers like Amazon Web Services (News - Alert), new virtualization strategies have emerged. Most enterprises are quickly adopting these strategies to eliminate infrastructure limitations by developing and deploying applications on a single piece of hardware," said Amrita Choudhury, one of Technavio's lead market research analysts for the enterprise application industry. "The evolution of software as a service (SaaS) and IaaS has opened up many opportunities for smaller enterprises and startup companies to explore and deploy their ideas with greater agility. Enterprises are finding the cloud backup and recovery strategy attractive as it allows them to achieve more for virtually the same budget," added Amrita. Five leading vendors in the global cloud backup and recovery software market: CA Technologies (News - Alert) CA Technologies was founded in 1974 and is headquartered in New York, US. They develop, and market licenses and support standardized computer software products. As of March 31, 2015, they have about 5,100 employees worldwide and recorded revenue of around USD 4.26 billion. The company owns 1,050 patents worldwide and invests USD 600 million in software development each year. CA Disk Backup and Restore (CA Disk) offers comprehensive data management for protecting, restoring, and archiving critical data to make the best use of the storage hierarchy. These products help enterprises in optimizing their storage resources and controlling costs by archiving occasionally used data sets to less expensive storage media. CA Disk manages storage growth effectively via a standardized interface, automation flexibility, control, and data integrity. CommVault Systems offers data management software applications and related services. It develops, sells, and markets a range of data management software applications to manage and protect data throughout its life cycle. The company was founded in 1996 but originally started out as a development group in Bell Labs in 1988. They have strategic partnerships with companies such as Microsoft (News - Alert), Hitachi Data Systems, VMware and HP, mainly roviding solutions for mid-sized and large enterprises. CommVault Systems offer Simpana, a low-cost software solution that helps enterprises overcome data protection challenges with less complexity and risk. Simpana is CommVault's unified data management suite, which comprises IT products that facilitate deduplication, backup and recovery, archiving, and replication. With Simpana, system admins can oversee different CommVault products from a single management console. CommVault's hybrid cloud backup works with different vendors, including Amazon Web Service's Glacier and S3 and Microsoft Windows Azure. Simpana has integration and management tools, security features, backup and recovery software, efficient cloud infrastructure, cloud partner ecosystem, and more. EMC EMC was founded in 1979 and is headquartered in Hopkinton, US. They market their products directly and through its distribution channels in 86 countries. They have R&D centers in China, Brazil, Israel, France, Russia, Ireland, Singapore, India, and the US, with manufacturing facilities in Ireland and the US. They offer information security, data storage, analytics, virtualization, cloud computing, and other products and services that enable businesses to manage, store, protect, and analyze data. EMC provides enterprise storage systems and software deployed in storage area networks, networked attached storage, unified storage combining both object storage and direct attached storage environments, as well as backup and recovery, disaster recovery, and archiving solutions. Microsoft Microsoft was founded in 1975 and is headquartered in Washington, US. They develop, license, and support a broad range of software products and services. Their product offerings include server applications for distributed computing environments, business solution applications, devices, servers, phones, productivity applications, and desktop and server management tools. They offer these products and services to governmental institutions, educational institutions, SMEs, Internet service providers, application developers, and original equipment manufacturers (OEMs). As of June 2015, the company had close to 118,000 employees globally and generated a total revenue of around USD 93.38 billion in FY2015. SQL server, together with Microsoft Azure, can help reduce costs, lower recovery time objective RTO, and improve enterprises' disaster and backup recovery capabilities. SQL server backup to Microsoft Azure enables enterprises to configure their backups to be stored on the cloud. The backup files can be encrypted and compressed, which enables greater data protection. IBM was established in 1911 and is headquartered in New York, US. They offer various types of hardware, software, consulting, and infrastructure services. The company employs more than 379,500 employees and operates in more than 175 countries. IBM serves various industries, including automotive, banking, chemicals and petroleum, communications, insurance, life sciences, media and entertainment, metals and mining, and retail. IBM's technology, tools, and expertise have made it a leader in business continuity and resilience. IBM Cloud Managed Backup offers the following features:
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Purchase three reports from our library for the price of one by becoming a Technavio subscriber. Subscribing to Technavio's reports allows you to download any three reports per month for the price of one. Contact [email protected] with your requirements and a link to our subscription platform. About Technavio Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies. Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users. If you are interested in more information, please contact our media team at [email protected].
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