Verizon and IBM have expanded their relationship to deliver Managed Data Vault – a new private cloud service that provides secure, quick and reliable daily backups, and fast recovery of enterprise information.
Available from both companies, the new solution is designed to automatically transfer data from a client location to a specially designed off-site data center via Verizon’s secure high-speed private network. With Managed Data Vault, businesses can realize off-site data protection at on-site speeds while taking advantage of usage-based utility to meet data growth without limits.
Many companies today still transport their backup tapes by truck to an off-site location – a process that has proven to be a slow and unreliable approach to archiving – adding security concerns, time, complexity and cost to the data protection process.
According to industry experts, the global backup and restore market will grow by about 4 percent annually and is currently sized at nearly $3 billion.
Verizon and IBM will leverage each other’s complementary capabilities to deliver the new solution. Verizon will provide its suite of leading global private data network solutions along with data center expertise, IT consulting services and application-aware capabilities, which give visibility into utilization and latency. IBM will supply backup infrastructure and management capabilities, supported by its extensive information protection expertise and more than 40 years experience in business continuity and resiliency.
Ideal for global enterprises with stringent security and performance requirements, Managed Data Vault is an excellent match for the financial, retail and health care services markets. The service is well-suited to a diverse mixture of applications, databases and operating system (OS) support services and comes complete with IT consulting services support to help organizations manage through this process.
This solution will initially be available to Verizon and IBM clients in the New York City metropolitan area.