Investment Velocity in Cloud Storage Increases
The cloud storage and backup space has been a hotbed of new ideas, impressive startups and, as the graph to the left shows (via CB Insights), increasingly attractive to investors. Just this week Marc Benioff tipped his hand that SalesForce.com would be entering the space as well. Don’t forget that earlier this year, storage giant EMC acquired Syncplicity.
The increasing velocity of investment in the cloud storage space is an early signal that Digitiliti is in the right spot to take advantage of the market as it grows. The entry of large enterprise software companies like SFDC and EMC into the market will help drive a deeper understanding of the unique needs of enterprise file backup, storage and sharing. They will amplify the issues and bring attention to the intersection of regulatory compliance, employee file sharing needs and cloud storage solutions. These are the kinds of issues ignored or glossed over by consumer cloud file sharing services like Box and Dropbox.
Meanwhile, Digitiliti retains the corporate agility that the mega-corporations lack while maintaining our enterprise-grade cloud storage and file sharing solutions. Digitiliti has weathered real-world use, Terabytes of storage, Billions of files managed and thousands of employees served. Download our whitepapers to get the rest of the story.
I agree that this is a very dynamic space. I think we’ll continue to see new players and new features over then next 12-18 months. I like how you contrast new interest in the business side of this space over just the consumer side. The SalesForce announcement of Chatterbox will do a lot to drive up awareness. Good article.