From the Wires
Bloomberg Vault Debuts as Challenger in Gartner Magic Quadrant for Enterprise Information Archiving
By: Business Wire
Dec. 17, 2012 10:03 AM
Bloomberg Vault, Bloomberg's cloud-based enterprise information management service, announced today it is positioned as a Challenger in Gartner's 2012 Magic Quadrant for Enterprise Information Archiving.
Developed by Gartner, Magic Quadrants offer visual snapshots of a market’s direction, maturity and participants. Gartner defines companies positioned in the Challenger quadrant as those “that execute well against their current vision.”
“We are honored to debut as a Challenger in Gartner's Magic Quadrant this year,” said Harald Collet, global business manager for Bloomberg Vault. “Bloomberg Vault offers enterprises a cloud-based information management platform that can scale globally and address stringent risk, compliance and data archiving requirements. More than 500 enterprises already archive in excess of 66 billion messages with Bloomberg Vault, and we’re leveraging our global data center infrastructure to meet data privacy challenges with the Local Vault service. ”
Bloomberg Vault launched in 2010 with a premium enterprise platform for corporate message compliance, eDiscovery and archiving. It is the first enterprise information management service to address unstructured data as a cost-effective, managed service for global firms. Bloomberg Vault leverages the reliability, security and scalability of Bloomberg’s global private network, including biometric authentication of users for security and redundant data centers for disaster recovery.
In the last year, Bloomberg Vault added new capabilities, which were considered in Gartner's assessment of the product:
Bloomberg, the global business and financial information and news leader, gives influential decision makers a critical edge by connecting them to a dynamic network of information, people and ideas. The company’s strength - delivering data, news and analytics through innovative technology, quickly and accurately - is at the core of the Bloomberg Professional service, which provides real time financial information to more than 310,000 subscribers globally.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. To learn more please go to www.gartner.com.
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