STOCK TITAN

FalconStor Enhances Cloud-Based Data Protection Solution with Massive Expansion of Capabilities, Ecosystem and Channel

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

FalconStor Software (OTCQB: FALC) announced significant developments to its StorSafe solution, enhancing data protection for multi-cloud environments. Designed to integrate with existing backup systems, StorSafe provides cost-effective and secure cloud data backup and archival. Key improvements include enhanced data security with AES-256 encryption, expanded cloud support (AWS, Azure, IBM Cloud), multi-tenancy capabilities, and automation features. These enhancements cater to growing enterprise needs, reducing complexity and costs while ensuring data resiliency and compliance.

Positive
  • Enhanced data security with AES-256 encryption and key management.
  • Expanded cloud ecosystem with support for multiple leading cloud services.
  • Multi-tenancy features enable efficient resource management for IT groups.
  • Integration with major backup software vendors, increasing market reach.
  • Automation features reduce administrative workload and improve operational efficiency.
Negative
  • None.

FalconStor Software (OTCQB: FALC), the trusted data protection leader modernizing backup and archival for the multi-cloud world, today announced a series of developments to its StorSafe solution to provide a secure and cost-effective way for enterprises to harness the cloud for data backup and long-term archival.

Launched in early 2020, StorSafe is designed to drop into an enterprise’s existing backup and archive environment as a universal backup target without requiring extensive technology or operational changes to slash the cost and complexity, increase speed of recovery, and get to the cloud. StorSafe enables organizations to adopt the cloud for data protection with confidence, thanks to its track record and novel use of container technology to package, secure and transport fully-deduplicated data, giving users the data resiliency they need and the flexibility to choose their preferred cloud providers, hardware vendors and backup software.

“Enterprises on average have 1 PB of active backup data and 3 PB of archive data and typically experience growth rates nearing 40 percent annually,” said Christophe Bertrand, senior analyst at Enterprise Strategy Group. “FalconStor StorSafe’s ability to accelerate the active backup and recovery process, as well as archive to the cloud, secondary disk systems and to tape make a strong case for enterprises struggling with traditional backup architectures and looking to leverage the cloud.”

To meet these large and growing needs, FalconStor took a number of steps throughout 2020 to expand StorSafe’s capabilities and ecosystem to make long-term, cloud-based archival the standard for the enterprise. Some of the improvements include:

  • Data Security and Integrity: StorSafe added key management capabilities to complement its usage of AES-256 encryption of Secure Data Containers to increase the control of administrators over their archives’ security. Embedded hashes and checksums also help fight against data corruption and misuse, as well as periodically check data health and readiness for recovery, without the cost and manual tasks others require.
  • Cloud Ecosystem: StorSafe launched with support for Amazon Web Services’s (AWS) S3 service tier. StorSafe now counts AWS Glacier and Deep Glacier support to lower the cost of archives, and added Microsoft Azure, IBM Cloud and Wasabi cloud services to the roster of public cloud options.
  • Object Storage Ecosystem: StorSafe now supports the leading on-premises cloud object storage providers including Hitachi Vantara, IBM and DellEMC. Typical FalconStor customers use all-flash SAN storage for their first copy of data, so the ability to offload to object storage enables organizations to scale their archives as data grows and to do so at a fraction of the cost of high-performance systems.
  • Multi-Tenancy: StorSafe added multi-tenancy with capacity tracking and bill back capabilities, enabling enterprise IT groups and managed services providers to serve different applications, departments, tenants and customers at scale within a shared, secure environment.
  • Automation with Visibility and Control: StorSafe now enables enterprises to set retention policies to govern where data resides for any given period, and the software automates data export to the cloud, tape or secondary sites, lowering administration headaches while providing a complete view of all data and the analytics needed to maintain full system health.
  • Backup Software Ecosystem: StorSafe added support for the latest releases from Veeam, Veritas NetBackup, CommVault, IBM BRMS and many others, covering the major players in the enterprise market.
  • IBM Technology: FalconStor also expanded its support for IBMi Power Systems technology and announced support and migration services for IBM ProtecTier product.
  • System Health Reviews: FalconStor’s customer success group also released a free 30-point health check initiative to ensure the readiness of their VTL environment should an adverse event occur and identify actions to increase data security and operational efficiency.

Enterprise customers, managed service providers and channel partners welcomed the expanded set of capabilities designed to modernize and slash the cost of backup and recovery operations.

Fabio Biancotto, ICT Director at Air Dolomiti, a Wholly Owned Subsidiary of Lufthansa
“As an airline, we have a multitude of requirements that need the highest levels of security, business continuity, backup and disaster recovery with very short RPO and RTO. Falconstor helps make the entire infrastructure of our datacenter completely virtual, virtualizing the SAN and ensuring the continuous availability of data to production, both in the event of hardware failures and scheduled maintenance or migration to new hardware. In fact, during our 11 years using Falconstor technologies, every update or migration activity has always been carried out in operational continuity with thousands of snapshot-based recovery points in almost immediate time. We are very satisfied with the Falconstor solution and their direction forward.”

Chris Smith, Director of Sales at Blue Chip, a Leading UK Managed Service Provider
“We have been a customer and partner with Falconstor for nearly a decade and during that time, they have been part of our growth story, helping us protect our customers' data both onsite and replicating to the Blue Chip private cloud environment. We manage more than 300 customers and 70 PB of raw data with the FalconStor solution. We see the evolution to Storsafe as a great fit for the changing needs of our customers' data protection requirements and comes at a perfect time as Blue Chip merges with Service Express in the U.S., giving us a more global reach.”

Gene Uhl, Network Manager, City of Huntsville, Alabama
“Like most municipalities, the IT Department of the City of Huntsville is being asked to do more with less. Transform applications to provide better service to our citizens and handle an ever-growing amount of data without an increase in budget. We turned to FalconStor to help us slash the cost of data backup and archival and have achieved material savings. We like the direction the company is going to enable cloud-based data archival so that we can continue to lower our cost of service.”

Zoreena Abas, President, GDL Solutions, an Ontario, Canada-Based Solution Provider
“GDL sees great opportunity in the direction that FalconStor is taking with StorSafe, augmenting its proven on-premises technology with a compelling bridge to the public cloud for backup and archival. This is the direction our customers are heading and FalconStor allows them to dramatically reduce costs immediately and transition to the cloud at their pace, making it an easy step for them and a solid business opportunity for my company.”

Adrian Rast, Head of IT infrastructure at University of Zurich, Switzerland’s Largest Educational Institution
“Data backup and archival in education is key, especially with the online resources that we have to use today versus physical classes. However, budgets are tighter. We need a vendor that understands the space and the challenges that we deal in both on premise and in the cloud. Thanks to FalconStor, we have been providing a reliable operation for years for VTL as a service to our institutes so we are able to focus on other areas and activities in IT and know that our data is still here and it is healthy.”

Darren Phillips, Managing Director at Insurgo, the UK’s Tape Media Expert Company
“Since our business is totally focused on helping customers manage their tape-based data, we regularly field enquiries about moving this data to the public cloud. With StorSafe, FalconStor has addressed the issues we saw as being roadblocks in the journey towards data protection modernization. Our first project involved migrating petabytes of data to one of the big public cloud players and the lessons we learned from this convinced us we had to be a FalconStor partner.”

Enrico Boselli, Director of Technology at Elmec Informatica, a Forbes Top 50 International Leader in Digital Transformation
“In backup and archive operations, our customers want the flexibility to choose their own on-premise hardware and Elmec’s Managed Backup Services, as well as the ability to modernize their approach, keeping or eliminating tape altogether, on their timetable. FalconStor’s StorSafe software-driven approach, rest-API integration capabilities and container technology addresses their needs and allows us to utilize our existing hardware and Elmec MSP Portfolio Services to compose a solution that can evolve with their needs. Elmec’s Managed Backup Services has the ability to support hybrid cloud backups in Elmec Datacenter, AWS, Azure or on-premises.”

Walter Borgia, CEO of Lake Solutions AG, a Leading Swiss Information and Communications Technology Provider
“We are pleased that FalconStor is here to support us, providing secure multi-tenant solutions that allow us to offer high-speed backup and restore, global data deduplication, enterprise-wide replication, and long-term cloud-based container archive as a service to our customers.”

Massimo Della Vedova, owner of NT Nuove Tecnologie, a Leading Italian Technology Reseller
“Falconstor is an ecosystem of applications dedicated to data management, ranging from SAN virtualization, DR automation and deduplication, to the management of long term archives distributed on multi cloud and to the virtualization of tape libraries (VTL) for backup. All is managed with a simplified, subscription-based, all-inclusive licensing model enabled by a modern, centralized and multi-tenant system. It is a low-cost solution, supported by a timely 24x7x365 service, which allows us to provide a single, secure and stable platform with advanced business continuity features to our enterprise-class customers and our portfolio of managed services.”

“Here at MALEVA, a reseller of FalconStor since 2006, we can say that FalconStor’s virtual tape technology is unbeatable,” stated Michele Pozza, general manager at MALEVA, an Italian reseller specializing in data protection solutions. “The company’s powerful tape caching and ability to export the virtual cartridges in the background to the corresponding physical ones. Tape caching allows to extend more than 10 times the capacity of the disk and it’s a formidable solution for low duplicable data and for long-term protection. The ability to support failover nodes in active-active mode guarantees that data protection services are always on.”

FalconStor’s dedicated community of customers, channel and technology alliance partners embraced the vision and were critical in providing requirements and prioritizing these essential developments.

“2020 was not easy for any of us, and the year put enterprise IT organizations and technology providers alike under even greater pressure,” said Mark Delsman, head of engineering and product at Falconstor. “Despite it all, their close collaboration helped us to understand their use cases and specific requirements to bring StorSafe to an entirely new level. We want to thank all of our customers and partners for their counsel and support and we are glad to see them taking advantage of our latest developments to capitalize on the cloud.”

About FalconStor

FalconStor (OTCQB: FALC) is a data protection leader that enables enterprises to modernize their data backup and archival operations across data centers and public clouds, delivering increased data security and providing the fastest recovery from ransomware attacks while driving down costs by up to 90 percent. A proven technology leader with more than 40 patents, FalconStor has over an exabyte of data under management and is trusted by more than 1,000 enterprise customers and an ecosystem of managed service providers and resellers worldwide. To learn more, visit www.falconstor.com and stay connected with us on YouTube, Twitter, and LinkedIn.

FALCONSTOR SOFTWARE

OTC:FALC

FALC Rankings

FALC Latest News

FALC Stock Data

9.63M
32.07M
19.89%
57.44%
4.03%
Software - Application
Technology
Link
United States of America
Austin