Finally, a hybrid cloud solution is dramatically less expensive thana traditional file server. For a monthly fee, companies can easilystore, share, access and back up their files locally and in thecloud. SMBs can look to the hybrid cloud not only as a file serverreplacement, but also as an ROI protector. A study from Egnyte, aleading provider of hybrid cloud file server solutions, found thattraditional file servers typically cost 5 times more than EgnyteHybridCloud. The death of traditional file servers is imminent.
While its no surprise that 28 percent of those IT workers surveyeduse software-as-a-service (SaaS) solutions, what is surprising isthat 41 percent of U.S. information workers were already usingvarious unapproved online file storage and data services for workpurposes. This is significant for two reasons. First, the increasedstrain on support creates a significant but oftendifficult-to-monetize cost to IT. Second, it poses a huge threat todata/file integrity and security, as unapproved tools store and shareproprietary corporate data through the cloud without any IToversight. This model is unsustainable, and IT must take back controlby providing the right tools to users.
Get your FREE membership now »MarketWatch Community is a free service that lets you discover, organize and share MarketWatch stories with other readers.
Community
Intraday Data provided by SIX Telekurs and subject toterms of use. Historical and current end-of-day data provided by SIX Telekurs. Intraday data delayed per exchange requirements. Dow Jones Indexes (SM) from Dow Jones & Company, Inc. All quotes are in local exchange time. Real time last sale data provided by NASDAQ. More information onNASDAQ traded symbols and their current financial status. Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Dow Jones IndexesSM from Dow Jones & Company,校园微博. Inc. SEHK intraday data is provided by SIX Telekurs and is at least 60-minutes delayed. All quotes are in local exchange time.
To successfully replace the on-premises file server, SMBs shouldconsider a hybrid cloud solution, as it will deliver st localaccess to files while adding the security of the cloud. This approachenables workers to stay productive regardless of connection,bandwidth or file size. Files are regularly synched between theonline file server and local network attached storage (NAS) devices,or virtual appliances, thereby ensuring easy file access fromanywhere, as well as effortless sharing with clients and businesspartners.
Confusion over their total cost of ownership is hindering many ITdecision-makers from realizing the full cost savings potential ofcloud file servers, noted the Forrester study.
Heading Toward Hybrid Cloud
Platinum better than gold
MOUNTAIN VIEW, CA, Nov 01, 2011 (MARKETWIRE via COMTEX) –New data released today in a commissioned study conducted byForrester Consulting on behalf of Egnyte(1) shows that a majority (57percent) of IT managers at small and medium businesses (SMBs)underestimate the cost of owning a traditional file server.Additionally, Forrester found that 41 percent of U.S. informationworkers were using various unapproved online file storage and dataservices for work purposes.
cost of servEgnyte Predicts: 2012 Signals Death of File Server,Welcome, $UserDisplayName
().Member != null>$Html.ActionLink(My MarketWatch, index, new controller = composite, area = section, page = my ) !Html.ActionLink(Sign out, LogOff, new area = User, controller = Account , new id = signOutLink )


Dont have a MarketWatch account?

Get your FREE membership now »
Over 1 billion files have been shared by businesses using EgnyteHybridCloud file server. Egnytes unique technology provides thespeed and security of local storage with the flexible accessibilityof the cloud. Users can easily store, share, access and backup files,while IT has the centralized administration and control to enforcebusiness policies. Egnyte, founded 2007, is based in Mountain View,California and is a privately held company backed by venture capitalfirms Kleiner Perkins Caufield & Byers, Floodgate Fund, and PolarisVenture Partners. For more information, please visit or call 1-877-7EGNYTE.
The easy money has been made
Stocks to watch Wednesday: JDSU, CECO, Dynegy
By registering, you are agreeing to MarketWatchs Terms of Service and to receiving periodic news and special offers via email about MarketWatch enhancements, products and services.
Forrester leveraged its Forrsights Hardware Survey, Q3 2010, andForrsights Business Decision-Makers Survey, Q4 2010. ForresterConsulting supplemented this data with custom survey questions askedof US IT decision-makers who are responsible for file serverdecisions at SMB organizations with less than 1,000 employees. Surveyquestions were related to the perception of the total cost ofownership of file servers and interest in cloud-based file services.The auxiliary survey was conducted in August 2011. For moreinformation on Forresters data panel and Tech Industry Consultingservices, visit .
Where tcost of serverso invest in China now
Media Contacts: Ashley Wilkinson BOCA Communications Phone: 415-738-7718 x4 Email: Email Contact







Register
Earnings, profit updates and a corporate shakeup at a for-profit education company figure in Wednesdays…
By adopting a cost-effective hybrid cloud solution, SMBs can ensurecomplete IT control while providing tools that meet the needs ofdistributed workers. Forresters full study can be accessed by goingto:
Amid bleak reminders of Europes baggage, the institutional investor has returned to the market.
In this time of economic uncertainty, SMBs have been asked to do morewith less, and the pressure, in what is increasingly looking to be adouble-dip recession, is mounting. In a surprising note, the newForrester study reveals that SMBs often underestimate the expensesassociated with their file servers. When estimating annual fileserver costs, over one-half of the respondents initially reportedcosts of under $5,000 per year, while 12 percent reported over$20,000 per year. But when asked to think about the costs again in amore itemized shion, including costs like software, administration,file server OS and licenses, the majority of SMBs, 57 percent,increased their total cost estimate. Nineteen percent did so by morethan $25,000, with the number of companies estimating costs at morethan $20,000 a year almost tripling.
Forrester Study Methodology
About Egnyte
Conviction and EU worries return
The best way to profit in this market is to keep it : dont trade individual stocks and focus solely on the stock markets.
Users Are Leading the Transition, IT Must Regain Control
The writing is on the wall, and we believe within two years, atleast two-thirds, if not more, of the file servers that reach the endof their lifespans will go the way of the dinosaur, said VineetJain, CEO, Egnyte. As budgets tighten and the pressure mounts,tighter scrutiny and attention will be paid to the real costs ofbuying and maintaining a file server. Once thats done, as shown inthis report, IT will realize the true value and cost savings of apure cloud or hybrid cloud approach, and will simply retire thetraditional file server.
Theres no shortage of opportunities for investing in China, and that news about an economic slowdown there…
Golds reputation as a safe haven may be tarnished and platinum is looking to be a better investment than the yellow metal.
Learn More »
As an international group with 28 offices in different locationsaround the globe, and employees who often work remotely, usually inemerging-market countries, it was critical to find a cost-effectivesolution that worked for everyone, said Ravidhu Perera, ITinfrastructure manager of Aureos Capital. Whether on an iPad or inthe office, Egnyte allows us to keep a constant and up-to-date flowof easily accessible information, regardless of what country ouremployees happen to be in at the time.
SMB IT managers must look to a file-sharing platform designed for the21st century. Many of todays information workers are distributed andmobile, and need a solution that enables real-time communication andcollaboration, regardless of location or device. Whether behind thefirewall or working remotely, easy, st, up-to-date collaboration iscritical. SMBs should look for a SaaS-based solution with aneasy-to-use intece for workers, while providing the ability for ITto retain administration and control of critical data and files. Inthis way, IT can make smart decisions based on the business needs ofthe whole company, and not be driven to decisions by one-offrequirements of a few users.
(1) Forrester Consulting., SMBs File Storage Needs Are Growing, But57% Underestimate File Server Costs – 45% Are Interested in CloudOptions, September 2011.