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Gartner Recognizes Axcient in New Critical Capabilities for Recovery as a Service (RaaS) Report

Research Evaluates Seven Critical Capabilities Essential to the Selection of RaaS Providers and Services

MOUNTAIN VIEW, Calif. – Dec. 16, 2013 – Axcient, the leading cloud-based disaster recovery and business continuity solution provider, today announced that Gartner, Inc. has rated Axcient “Excellent” in its Critical Capabilities for Recovery as a Service[1] research in the Product Viability category.

According to the report, “Gartner estimates that the global RaaS market will be approximately $564 million in 2013, with a projected compound annual growth rate (CAGR) of at least 21% during the next three years.”

As the first Critical Capabilities for RaaS report, this multidimensional research focuses on the key areas essential to the selection of RaaS providers and services across seven critical capabilities and use cases. According to Gartner, “critical capabilities” are attributes that differentiate products in a class in terms of their quality and performance.

The report evaluated 11 vendors, including Axcient, against the following critical capabilities: physical and virtual system recovery, testing and declaration, service manageability, pricing policy, resiliency, security and compliance and value-added services.

Built from the ground up in the cloud, Axcient is the only cloud platform providing organizations with complete protection and instant recovery of business applications and systems. Axcient ensures all data, applications and systems are always protected and available, from anywhere.

“Everyday organizations worldwide are confronted with disruptive events – from hardware failures to human error, viruses and natural disasters. In today’s always-on world, businesses can’t afford for their applications to go down or to lose mission critical data. Even the smallest organizations (<99 employees) lose thousands of dollars a day when their systems fail. We’re thrilled for Gartner to include us in the first Critical Capabilities for RaaS report, which we feel is a testament to our disruptive position in the market and the explosive adoption of our platform. We will continue to leverage the cloud to disrupt traditional enterprise software, and provide our customers with a better way safeguard their data and keep their employees productive.” – Justin Moore, CEO of Axcient

[1] Gartner “Critical Capabilities for Recovery as a Service” by John Morency, Robert Naegle, November 7, 2013.

About Axcient

Axcient is an entirely new type of cloud platform that eliminates data loss, keeps applications up and running, and makes sure that IT infrastructures never go down. Designed for today’s always-on business, Axcient replaces legacy backup, business continuity, and disaster recovery software and hardware, and reduces the amount of expensive copy data in an organization by as much as 80%. By mirroring an entire business in the cloud, Axcient makes it simple to access and restore data from any device, failover IT systems, and virtualize your entire office with a click – all from a single duplicated copy. Trusted by thousands of businesses to store and protect more than 10 billion files and applications, Axcient maximizes productivity, reduces cost, and eliminates risk. The company is headquartered in Mountain View, Calif.

Gartner Research Evaluates Seven Critical Capabilities Essential to the Selection of RaaS Providers and Services.

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