Gartner Backup Magic Quadrant 2023
What is Gartner Backup Magic Quadrant 2023 and why does it matter? As a cyber governance & risk management leader, I’ve had the privilege of working with companies like Unilever, AIG, Citi, GE, and Santander to help them achieve their data management goals. But what does it mean when we talk about Gartner Backup Magic Quadrant 2023? Simply put, it’s a report that evaluates the capabilities of data protection vendors in the market. But why does it matter? Well, the report helps organizations like yours make informed decisions about their data backup and recovery strategies.
A real-world scenario: Transforming Gartner Backup Magic Quadrant 2023 for success. Let’s take an example of a real-world scenario. Imagine that Acme Corporation, a mid-sized company with a large IT department, wanted to transform their data backup and recovery strategy. They had multiple applications, databases, and file systems to manage and were struggling to keep up with the increasing amounts of data. They turned to Solix, a company that specializes in data management solutions, to help them achieve their goals.
How Solix saves money and time on Gartner Backup Magic Quadrant 2023. Solix Cloud Application Retirement and Decommissioning is a game-changer for delivering massive cost-saving solutions for businesses like Acme Corporation. Here’s how it works: Solix helps companies like Acme identify which applications are no longer active or hold little value, and then retires them at a low, fixed monthly cost. This means that Acme can eliminate the maintenance, infrastructure, and licensing costs associated with those applications and redirect those resources to more strategic initiatives.
Cost savings from legacy application decommissioning. A study by the Compliance, Governance, and Oversight Council showed that the average annual cost savings for decommissioning inactive applications were $40,000, and for larger, enterprise-class applications, the annual savings could exceed $120,000. By retiring legacy applications, companies like Acme can reduce infrastructure costs, improve application performance, and ensure compliance through information lifecycle management (ILM) policies.
Solix Enterprise Archiving: A secure and scalable solution. Solix Enterprise Archiving is another solution that helps companies like Acme achieve compliance objectives with policy-based data retention. This means that Acme can retain data only as long as required by law and automatically purge data that’s no longer needed. Compliance and legal professionals can quickly identify and retrieve records to meet data requests from regulatory agencies and law enforcement.
Key benefits of application retirement. By retiring and decommissioning legacy applications, Acme can:
- Retire and decommission legacy applications at a low, fixed monthly cost
- Meet compliance goals with policy-based data retention, legal hold, and role-based access
- Eliminate maintenance, infrastructure, and licensing costs of legacy applications
- Leverage Solix’s application management experts to deliver the project efficiently and at the lowest cost
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Want to learn more about how Solix can help you achieve your data management goals? Contact us at info@solix.com, and one of our experts will be happy to chat with you.
About the author. As a cyber governance & risk management leader, I’ve had the privilege of working with companies like Unilever, AIG, Citi, GE, and Santander to help them achieve their data management goals. I’m passionate about writing about Gartner Backup Magic Quadrant 2023 and how companies like Solix can help achieve their data management goals.