LOS ANGELES, CA--(Marketwired - June 22, 2016) - Infrascale, a leading provider of cloud backup and disaster recovery solutions, today announced it was named a Visionary in Gartner's 2016 Magic Quadrant for Disaster Recovery as a Service (DRaaS), the second annual report for this fast-growing market.
"Infrascale's goal is to eradicate downtime and prevent data loss by helping organizations recover their data and restore operations in the wake of a disaster," said Ken Shaw, CEO of Infrascale. "But, we try to accomplish this without complexity or standby infrastructure -- and at a disruptive price point that makes it far more accessible. The importance of operational uptime, coupled with rise of ransomware and cyber threats, is quickly making DRaaS a business necessity for organizations of all sizes."
Today, Gartner estimates the size of the DRaaS market to be approximately $1.7 billion, with a related compound annual growth rate of approximately 25%. By 2018, Gartner estimates that the size of the DRaaS market will exceed that of the market for more traditional subscription-based DR services.
To download a copy of Gartner's 2016 Magic Quadrant for Disaster Recovery as a Service, please visit http://try.infrascale.com/in-gartner-magic-quadrant-2016/.
About the Magic Quadrant
Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Infrascale provides the most powerful disaster recovery solution in the world. Founded in 2011, the company aims to give every company the ability to recover from a disaster -- quickly, easily and affordably. Combining intelligent software with the power of the cloud is how Infrascale cracks the disaster recovery cost barrier without complex, expensive hardware enabling any company to restore operations in minutes with a push of a button. Infrascale equips businesses with the confidence to handle the unexpected by providing less downtime, greater security, and always-on availability.
Visit www.infrascale.com or follow us on Twitter at @Infrascale for more information.