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SwiftStack Positioned as ‘Visionary’ in Gartner Magic Quadrant for Distributed File Systems and Object Storage

Only privately-held company to gain in both execution and vision this year

SAN FRANCISCO – October 17, 2017 – SwiftStack, a company that powers hybrid cloud storage for enterprises, today announced it has been positioned by Gartner Inc. in the “Visionaries” quadrant of the “Magic Quadrant for Distributed File Systems and Object Storage”* report published October 17, 2017. For the second consecutive year, SwiftStack is positioned as a visionary, and is the only privately-held company to increase in both execution and vision since Gartner’s 2016 report.

This Magic Quadrant evaluates vendors of scale-out file and object storage products as leaders, visionaries, challengers, and niche players. Each vendor in the Magic Quadrant is evaluated based on its ability to execute (product/service, overall visibility, sales executive/pricing, market responsiveness/record, marketing execution, customer experience and operations) and its completeness of vision (market understanding, marketing strategy, sales strategy, offering (product) strategy, business model, vertical/industry strategy, innovation and geographic strategy).

Gartner recognized SwiftStack as a Visionary for strengths including:

  • An open-source core that enables the company to focus agilely on innovation in data management features, rather than a proprietary base layer that inhibits deployment
  • Flexible pay-as-you-grow subscription pricing based on capacity required
  • Retaining data in a cloud-native format for easier data access, analysis, and protection in cloud storage

“Enterprises have several choices in this competitive category, and we appreciate the acknowledgement of SwiftStack for both vision and execution,” said Don Jaworski, SwiftStack CEO. “Our perspective, and that of our users, is that hybrid cloud and multi-cloud infrastructures should be strategic to the business. We are gratified that the success our customers have had in their businesses using our platform has been recognized by leading industry analysts.”

SwiftStack brings the fundamental attributes of public cloud storage resources into the enterprise infrastructure: scalability, agility, and pricing based on consumption. Legacy applications can access and consume storage via file services, and cloud-native applications via object. Users gain the freedom of workload placement between private data centers and public clouds like Amazon or Google, and from cloud to cloud, according to administrative policies. Whether on-premises or in public cloud, data remains under the management control of internal IT, residing wherever it is needed by users and applications. SwiftStack enables the use of standard hardware, and choice of servers, drives, and networking; and scales linearly, so capacity and throughput can be added independently and cost effectively.

About SwiftStack

SwiftStack, founded in 2011 by some of the earliest pioneers in cloud computing, is a leading cloud storage provider for organizations that require universal access to petabytes of unstructured data in a single namespace. Its software is popular in industries like media and entertainment, life sciences, and web-based business; and for functions like active archive, sharing and collaboration across multiple locations, and multi-cloud data management. SwiftStack has more than 100 customers including eBay, Verizon, and the University of Virginia (or whatever big ones we can mention). The company is headquartered in San Francisco and received B-series funding from OpenView Partners, Storm Ventures, UMC Capital, and Mayfield Fund. For more information visit www.swiftstack.com or follow the company on Twitter and LinkedIn.

* “Magic Quadrant for Distributed File Systems and Object Storage,” published 17 October 2017, ID G00318930, analysts Julia Palmer, Arun Chandrasekaran, Raj Bala. Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings. 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.

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