Posts Tagged ‘backup’
Symantec quietly discontinued its Managed Firewall and Managed Endpoint Protection in June, but partners and customers are now taking notice in light of the security and storage vendor’s withdrawal from the cloud backup market.
Carbonite is evolving its backup subscription plans, simplifying the cost for businesses and individuals to back up files in the cloud and introducing its first backup appliance. Bottom line: Carbonite isn’t just a consumer company anymore.
Cloud backup vendors are racing to capture the accounts being abandoned by Symantec, as it plans to shutter its lackluster Backup Exec.cloud. Even Symantec is providing guidance on how customers can migrate away, providing a more orderly transition than other recent backup shutdowns.
Symantec will discontinue Backup Exec.cloud, the cloud-based version of its popular Backup Exec product. The end of service is another retreat in Symantec’s reorganization to become more profitable. It’s also a sign of the stiff competition in the cloud backup segment.
Mozy, the EMC-owned cloud-based backup company, is looking to build momentum for its service by merging backup and file sharing functionality, as well as making it easier for solution providers to manage the service.
File sharing service Dropbox is reportedly looking to raise $250 million to fund further expansion, including deeper inroads into the channel and capturing enterprise accounts. Dropbox is fast becoming a problem for backup and cloud storage companies far and wide.
The ’2013 State of Cloud Backup’ study reports growing confidence in cloud backup services, but unveils startling data on SMBs’ use of cloud backup and disaster recovery services.
AVG Technologies is wading into the crowded cloud backup market, offering a service that extends the capabilities of its CloudCare security service and complements its Managed Workplace managed services offerings.
Insight Venture Partners bought backup specialist Unitrends for an undisclosed amount, showing that the market for cloud and hybrid backup technologies remains strong with high potential for growth. Investments such as this could ultimately lead to consolidation, too.
Zenith Infotech ended its appeal to stave off liquidation to pay off its massive debt. Instead, it’s trying to work out a repayment plan with creditors.