By Greg Wyman, VP Asia Pacific, ioFABRIC
Storage takes a substantial percentage of total IT budget, yet storage vendors tell their customers that it needs to be replaced every three to five years. Why?
US telco Verizon has partnered with data virtualisation vendor Actifio to launch a new cloud backup service which the two companies say will enable enterprise customers to embrace hybrid cloud, accelerate application development and improve business resiliency.
Investors have over-subscribed to a round of funding by data management vendor Actifio, pouring $100 million into the company which says it will use the funds to accelerate expansion of market coverage and to facilitate other business strategies.
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