Application retirement and structured data archiving, why is this a topic you should be concerned about? According to the authors of the recent Gartner Magic Quadrant for Structured Data Archiving and Application Retirement, “By 2017, archiving in support of big data analytics will surpass archiving for compliance as the primary use case for structured data archiving.” They also forecast, “By 2016, 75% of structured data archiving applications will incorporate support for big data analytics.” This need for data and its value as a strategic asset is growing dramatically but the challenge is how do you expose it and still meet your compliance needs. This is exactly the challenge that EMC InfoArchive addresses.
“BMO Harris was able to realize an immediate savings of $5M per year with ongoing reductions. It’s had a great payback for us as well as meeting the regulatory requirements.”
So, I was absolutely thrilled on June 16th when I read the latest Magic Quadrant report from Gartner, Inc., a leading IT research and advisory firm, where EMC is positioned as a visionary for the second year in a row in its 2015 Magic Quadrant for Structured Data Archiving and Application Retirement report (published June 16, 2015). Why was I thrilled? I can give you several good reasons
First, I believe that to be positioned as a visionary two years running is an honor, especially when you consider that EMC InfoArchive has only been delivered as a software product for a little less than two years. According to the Gartner report, “Visionaries are forward-thinking, but their execution has not propelled them into a leadership position. These vendors are differentiated by product innovation…” In my opinion over the past year we have made great strides in our ability to execute on our sales and marketing. Our presence at EMC World and the interest we are generating in the market is a testament to this.
Second; stated in the Gartner report, “The desire to leverage archives as a secondary data store for big data analytics is driving the growth of the structured data archiving market.” and “The market is changing and expanding due to growth in data, application retirement, information governance and big data analysis opportunities.” I believe these market factors explicitly called out in the report highlight the positioning of InfoArchive from our integration with Isilon for greater compliance and creating a secure data source for Big Data analytics to our focus on including industry leading retention capabilities. In my mind, this validates that InfoArchive is positioned well and focused on the needs of the market.
Third; the report states that, “the growing use of Apache Hadoop, increasing data warehouse volume sizes and the accumulation of legacy systems in organizations are fostering structured data growth. These factors are leading enterprises to understand how to reuse, repurpose and gain critical insight from this data.” Again this is an area where InfoArchive is already achieving success. We have customers in health care and financial services where InfoArchive is helping them leverage and reuse their data to meet new business objectives.
All in all, I am proud of our positioning in the 2015 Magic Quadrant for Structured Data Archiving and Application Retirement report. For a young product we are performing well and we are extremely well poised to grow on the demands of our addressed market.
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