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Panzura Takes Significant Lead and Seen as "Exciting Vendor" by 451 Research

Panzura "In Use Now" Equals the Combined Total of the Other Cloud Storage Controller Offerings

SAN JOSE, CA -- (Marketwired) -- 08/20/13 -- In its latest research report titled "Storage Study: Wave 17," TheInfoPro (a service of 451 Research) identifies Panzura as having significant market lead in the Cloud Gateway Appliance (Cloud Storage Controller) category, and recognizes it as an exciting storage vendor. Cloud Gateway Appliances are seen as a Top 10 technology on enterprise customers' Storage Technology Roadmap, according to the report.

"Panzura has leapt out of the starting blocks in this segment with most deployments," said Marco Coulter, Vice President of TheInfoPro. "Our research reveals a fast emerging market with 1 of 5 enterprises considering cloud storage gateway, opening a tremendous opportunity for Panzura as other enterprises follow suit."

In surveying IT professionals, the report showed that the number of Panzura deployments equals all other brands of Cloud Gateway Appliance combined, and it also showed that the number of companies deploying or planning to deploy Cloud Gateway Appliances grew 77% between 2012 and 2013. There was also a significant increase in the number of customers who went from planning to implementation within a year, making Cloud Gateway Appliances one of the hottest segments in the storage industry.

The report mentions that the key projects and pain points for storage professionals are technology refreshes and capacity expansion, together with their associated cost. Panzura's Global Cloud Storage System eliminates these pain points by putting storage in the cloud and making it as easily accessible as NAS. Panzura will be exhibiting at the VMworld show in San Francisco, August 26-29, 2013.

TheInfoPro research comes from one-on-one conversations with IT professionals working in large and midsize enterprises. This research comes from 260 interviews conducted in the first half of 2013 and was written by Marco Coulter, Vice President, TheInfoPro. The full report is available at https://451research.com/theinfopro-storage.

"There are startups that battle others in a market and there are startups that create a market. It's pretty clear that Panzura is instrumental in creating and defining the cloud storage controller market," said Randy Chou, CEO and co-founder of Panzura. "This report also shows what we knew all along, Panzura has the commanding market share since our solution brings a unique and distinct value to global enterprises worldwide."

For more details please refer to the blog post - http://www.panzura.com/company/blogs/exciting-cloud-gateway-appliance-451-group

About Panzura
Panzura optimizes enterprise data storage management and distribution in the cloud, making cloud storage simple and secure. Panzura's revolutionary global cloud storage solution seamlessly combines the flexibility, performance and productivity benefits of distributed storage with the manageability, security and cost benefits of centralized storage, overcoming fundamental "administrator vs. user" and "budget vs. performance" conflicts. With Panzura, data location no longer affects usage. Panzura: Cloud Storage Made Seamless. For more information, visit www.panzura.com or email [email protected].

About TheInfoPro
TheInfoPro, a service of 451 Research, is widely regarded as 'The Voice of the Customer', providing independent, 'real world' intelligence on key IT sectors including Cloud Computing, Information Security, Networking, Servers and Virtualization, and Storage. Using one-on-one interviews conducted within a proprietary network composed of the world's largest buyers and users of IT, TheInfoPro provides data and insights that are used for strategic planning, technology benchmarking, competitive analysis, and vendor selection and negotiation. 451 Research is focused on the business of enterprise IT innovation. For more information, visit www.451research.com.

Connect with Panzura:
Read our blog: http://www.panzura.com/company/blog/
Follow us on Twitter: http://www.twitter.com/panzurastorage

Panzura, Quicksilver, PZOS and Panzura CloudFS are the trademark of Panzura, Inc. Other trade names mentioned herein are recognized to be the property of their respective owners. All rights reserved.

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