CTERA Networks secures $25m in funding to ‘power up’ sales execution

(c)iStock.com/RyanKing999

Israel-based cloud storage and data protection company CTERA Networks has received $25 million (£18.9m) in an investment round led by US-based Bessemer Venture Partners, which brings the company’s total financing to nearly $70 million to date.

Cisco and Israeli investment management firm Vintage Investment Partners also participated alongside Bessemer in the investment round.

The funds will be used to boost the company sales and marketing initiatives as well as to push...

By Cloud Tech, 14 September 2016, 0 comments. Categories: Storage.

The Forbes cloud 100: Slack, Dropbox, and DocuSign rated top three private cloud firms

(c)iStock.com/fazon1

Slack has been ranked as the number one private company leading cloud computing in 2016, according to research conducted by Forbes.

The messaging app provider, which was noted by Netskope in recent research to be among the top 20 cloud apps used by businesses for the first time, finished ahead of cloud storage firm Dropbox (#2) and electronic signature provider DocuSign (#3)....

By James Bourne, 08 September 2016, 0 comments. Categories: Collaboration, Software, Storage.

Box cites importance of IBM partnership in latest financial results

(c)iStock.com/ngkaki

Enterprise cloud storage firm Box has reported record quarterly revenue of $95.7 million (£72.1m) for Q217, as well as billings of $106.5 million.

The figures show a business which is edging closer to profitability. Free cash flow in the second quarter was negative $8m compared with negative $39.8m this time last year, while GAAP operating loss totalled 40% of revenue at $37.9m, compared to $49.8m and 68% of revenue in Q216.

Among the customer wins for Box in the quarter were Electronic Arts,...

By James Bourne, 01 September 2016, 0 comments. Categories: Economy, M&A, Software, Storage.

Dropbox says password reset measures have worked following leak revelations

(c)iStock.com/KIVILCIM PINAR

Cloud storage provider Dropbox has said the password reset measures the company put in place has prevented any hacking of user data, following revelations made in stories which argued that millions of account details had been accessed.

Certain Dropbox users received an email from the cloud storage provider earlier this week advising that if their account password was the same as before mid-2012, they will be prompted to change it the next time they sign in.

A blog post at the time from Patrick...

By James Bourne, 31 August 2016, 0 comments. Categories: Data Management, Security, Software, Storage, Vulnerabilities.

Adidas Group launches on Dropbox Enterprise for “seamless collaboration”

(c)iStock.com/Anthony Rosenberg

Cloud storage firm Dropbox has announced a new customer win in the form of sports brand The Adidas Group.

The announcement, which appeared on the firm’s official blog this morning, explains how Adidas is utilising Dropbox Enterprise, which was launched in November last year, to have ‘fast, reliable access to…data’ and ‘seamless collaboration’ for its employees.

“At...

By James Bourne, 08 August 2016, 0 comments. Categories: Case Studies, Collaboration, Enterprise, Software, Storage.

Two in five execs grumble flash technology is too expensive, research finds

(c)iStock.com/Fodor90

Two in five senior executives believe flash storage technology is too expensive to invest in, according to new research figures released by data management and cloud storage provider NetApp.

The study, which polled more than 1000 UK IT decision makers, also argued that one in four financial purse holders within enterprises do not understand Flash enough to make an investment. Yet the overwhelming majority of respondents (90%) believe there is a need for flash in their business....

By James Bourne, 29 July 2016, 0 comments. Categories: Research, Software, Storage, Virtualisation.

Dropbox and Egnyte move to leaders section in Gartner EFSS Magic Quadrant

(c)iStock.com/adrian825

Box, Citrix, Dropbox, and Egnyte represent the leaders’ section in the latest Gartner enterprise file sync and share (EFSS) Magic Quadrant.

The 2016 rankings show an interesting correlation year on year; Dropbox and Egnyte move from the challenger and visionary sections respectively, while the overall number of vendors, 13, represents a step down from 16...

By James Bourne, 22 July 2016, 0 comments. Categories: Enterprise, Research, Software, Storage.

The four key storage drivers for SaaS success

(c)iStock.com/livecal

Software as a service (SaaS) and cloud delivery models are disrupting the world of traditional enterprise software.  As IT organisations embrace agile infrastructure strategies to keep pace with the rapid change of the businesses they support, SaaS delivered applications have a clear advantage over traditional on-premises enterprise apps.  As the forces of digital transformation reshape enterprise IT for the on-demand world, SaaS applications will be a driving force in...

By Josh Epstein, 22 June 2016, 0 comments. Categories: SaaS , Software, Storage.

How cloud accelerates machine learning – and is redefining the enterprise in 2016

(c)iStock.com/Varijanta

Machine learning is providing the needed algorithms, applications, and frameworks to bring greater predictive accuracy and value to enterprises’ data, leading to diverse company-wide strategies succeeding faster and more profitably than before.

Industries where machine learning is making an impact  

The good news for businesses is that all the data they have been saving for years can now be turned into a competitive advantage and lead to strategic goals being accomplished....

By Louis Columbus, 13 June 2016, 0 comments. Categories: CRM, Enterprise, Software, Storage, Trends.