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i365, A Seagate Company, Executes On Cloud-Connected Storage Solutions Vision With EVault Cloud-Connected Services Platform
Santa Clara, CA, January 10, 2010 - i365, Inc., A Seagate Company (NASDAQ: STX), today announced the launch of the EVault Cloud-Connected Services Platform, a SaaS-enablement platform that allows Independent Software Vendors (ISVs) to securely and efficiently send data to the Cloud and begin offering their Software as a Service (SaaS). By connecting their existing on-premise enterprise application to a SaaS infrastructure, ISVs have the opportunity to quickly tap into a market that Gartner forecasts to exceed $9.6 billion in 2010 worldwide based on total software revenue according to the report "Market Trends: Software as a Service, Worldwide, 2009-2013," published May 7, 2009.
The EVault Cloud-Connected Services Platform is an edge-to-Cloud storage service that allows partners to efficiently store data to and retrieve data from the i365 Cloud. The Platform uses encryption, deduplication, compression, and bandwidth management to ensure that data transferred over the WAN is secure and optimized. It is the latest offering to support i365's Cloud-Connected storage solutions strategy. Leveraging its secure infrastructure and expertise in delivering Cloud-based backup and recovery services since 1997, i365 has rolled out a series of Cloud-Connected products and services over the last few months and redefined Cloud storage.
"Cloud-based storage offerings are making it easier for small and medium-sized businesses to expand and manage their IT infrastructure without the added upfront investments in storage infrastructure, and human capital," said Laura DuBois, IDC's research director for Storage Software. "i365's EVault Cloud-Connected Services Platform will enable ISVs to offer their customers a Cloud-based option without having to re-architect their applications. ISVs can offer a solution that leverages their existing on-premise software but also connects to the i365 Cloud."
The EVault Cloud-Connected Services Platform extends the i365 Cloud beyond EVault Software and allows ISVs to use i365's technology, Cloud storage, and SaaS infrastructure for their applications. It is the latest offering to support i365's Cloud-Connected storage solutions vision, which is focused on helping midmarket organizations manage their storage solutions in an integrated on-premise, edge, and Cloud environment. Other recent/related announcements include EVault Offsite Replication Service, which complements on-premise EVault Software deployments by replicating backup data to the i365 Cloud, and technology integration with Microsoft to extend System Center Data Protection Manager (DPM) beyond Microsoft Operating Systems and Applications - both on-premise and to the Cloud.
With the EVault Cloud-Connected Services Platform, ISVs can "SaaSify" their on-premise application and begin generating a recurring revenue stream. ISVs can get a complete solution from one partner, which can greatly simplify the development process, minimize the investment they have to make, and accelerate their time to market.
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