ExaGrid, a newly developed de-duplication software mentioned earlier on this very blog, has begun to make its mark on the small to mid size demographic of financial services.
According to an article on zycko.com, Tennessee based commercial bank Greenbank, recently deployed the ExaGrid system to sure up its disaster recovery and data backup demands as its business continues to rapidly grow, with more than 60 branch locations.
GreenBank's IT operations increased after the organization acquired several other banks and in order to solve the problem of slow and unreliable tape-based backups, the group deployed ExaGrid disk-based backup system.
As well as being able to handle increased data, the system delivers cost-effective scalability and the ability for GreenBank to enjoy reduced data and backup windows. The backup compression and data Deduplication technology of the ExaGrid system reduces disk space by a range of 10:1 to 50:1 or more.
In the article, Bill Andrews, president and chief executive officer of ExaGrid Systems, states: "Our product's ability to cost-effectively scale to meet the needs of expanding data and backup requirements means that as GreenBank continues to grow, the ExaGrid system will keep providing short backup windows and superior data retention."
ExaGrid recently announced that is has more than 1,500 systems installed by 400 customers, making it the industry's second-largest disk-based backup appliances with data Deduplication installed base in the mid-market/small enterprise.
ExaGrid is growing in popularity. In a nutshell, the software sits behind existing backup plans and instead of backing up every piece of information every day, ExaGrid only stores unique data, making small footprints on the disk, and effectively reducing prices. Deduplication is a commodity that enables you to use disk instead of tape, and makes data back-up more efficient. In addition to providing this service, ExaGrid provides back-up on disks at the cost of a back-up on tape that is easy to manage, install, and support.
The revolutionary technology is slowly taking the IT world by storm, and is setting a new standard for highly sensitive information back-up and recovery.
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