Two things most enterprise IT folks agree on are that Dropbox is a risky proposition for sensitive enterprise data and that employees are demanding solutions with a “Dropbox-like” functional spec. It’s a big area of opportunity and one that companies like Egnyte and Oxygen Cloud have spent time addressing – Dropbox’s seemingly never ending security hiccups do everything to help define a market opportunity for these companies. The latest company to join the fray is Maginatics who is using the VMware annual conference and PR blitz, VMworld, to launch MagFS – its hybrid storage offering.
The preposition is pretty simple really – bridging the gap between enterprise (read on-premise, heavy iron) storage and cloud storage, all with enterprise grade (whatever that might mean) security and control alongside the requisite requirement for mobile access.
In terms of execution – MagFS support Amazon S3, AT&T Synaptic, HP Cloud, Microsoft Azure at launch and is intending to roll out integrations with further cloud storage vendors over time. Their on-prem support covers EMC Atmos and OpenStack Swift.
MagFS includes the sort of stuff that enterprises need, and more consumer-focused offering don’t include including;
- Active Directory integration
- AES-256 Encryption (in flight and at rest)
- Encryption keys stored only on-premise
- File optimizations designed to reduce the impacts of network latency
MyPOV
I’ve long said that providing an enterprise equivalent of Dropbox is an absolute no-brainer. Doing so in a way that allows organizations to use both existing on-premise storage and public cloud infrastructure is especially important as organizations navigate their progression from traditional into a degree of hybrid infrastructure. That said, if the pressing driver for enterprise is the perception of security, then start-ups are a difficult way of delivering this and it is for this reason that I envisage a large amount of consolidation to occur in this space over the near term.
The opportunity is large and enough companies are prospective acquirers that a number of companies will prove successful in this area however – the key thing here is to partner far and wide, build strong integrations with traditional storage and public cloud vendors, and be seen as a strong provider of cross vendor, hybrid public/private and highly secure solutions.
Ben, ditto yes yes yes.
We are small users but while security vulnerabilities continue to be an issue, there are few other options for small organisations.
Hehe dropbox, nice nice but why not try COPY? Free 15GB space and you can get unlimited! bonus space from referrals: https://copy.com?r=7IdxUA