From the Wires
Sonian Rises to the "Challengers" Quadrant of the 2012 Magic Quadrant for Enterprise Information Archiving
Evaluation Based on Completeness of Vision and Ability to Execute
By: Marketwired .
Dec. 18, 2012 09:21 AM
NEWTON, MA -- (Marketwire) -- 12/18/12 -- Sonian, the pioneer in cloud-powered email archiving and search, today announced that it has been positioned by Gartner, Inc. in the Challengers Quadrant of the Magic Quadrant for Enterprise Information Archiving, 2012.(i)
Gartner's Magic Quadrant for Enterprise Information Archiving (EIA) is based on an assessment of a company's ability to execute and completeness of vision. Challengers are also credited with having the financial and market resources and capabilities to become leaders.
"The interest in archiving data using a cloud or SaaS solution has intensified. While cloud archiving can be very cost-effective, the prevailing sentiment to simply give the problem of managing this data to someone else seems to be one of the most common reasons organizations cite for selecting cloud archiving," states the Magic Quadrant report, which notes challengers for their ability to execute and products that perform well for many businesses. "Cloud archiving is attractive to organizations of all sizes."
In January 2012, Sonian acquired Webroot's email archiving business. This strategic acquisition was followed by the company's opening of a European headquarters in the United Kingdom to support its fast growing base of customers and prospects throughout the region. In May 2012, Sonian announced that it had secured more than $13 million in Series C funding, led by OpenView Venture Partners and joined by existing investors Summerhill Venture Partners and Prism VentureWorks. The investment -- which marks nearly $27 million to date -- is being used to scale sales and marketing while accelerating product development. The company also sealed several notable partnerships with some of the world's leading technology companies -- Rackspace, MindSHIFT, Excel Micro, and Apptix -- considerably increasing availability of its products throughout the market.
Notably, in November 2011, Sonian introduced the industry's first cloud archiving support for files with Sonian File Archiving, helping customers retain an ever-increasing volume of file data by offloading static documents to secure, cost-effective cloud storage. In addition to the same powerful search, discovery, and compliance capabilities as Sonian's cloud-powered Email Archive, the file archiving capabilities add online file preview, full-text indexing for more than 450 file types, and scalability to support the world's largest file stores.
"We believe Gartner's thorough evaluation and subsequent placement of Sonian in the Challengers Quadrant is a tremendous affirmation of our vision, ability to execute, and best-in-class and expanding product portfolio," said Jeff Dickerson, CEO of Sonian. "As data volumes continue to grow exponentially, the ability to capitalize on big data has taken center stage. Organizations of all sizes are trying to keep in lockstep with archiving this data efficiently, safely and cost effectively while also meeting compliance and eDiscovery requirements. Managing more than 2 petabytes of data and expanding by 75 terabytes every month, Sonian's cloud-based email archiving and search platform is the solution of choice for more than 11,000 customers, spanning virtually all industries. We thank our customers and partners for their support and look forward to working closely together in the years ahead."
Download full Magic Quadrant report here: http://blog.sonian.com/magic-quadrant-for-enterprise-information-archiving-2012/
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.
(i) Gartner "Magic Quadrant for Enterprise Information Archiving" by Sheila Childs, Kenneth Chin, Debra Logan, Alan Dayley, 13 December 2012
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