FOR IMMEDIATE RELEASE

Contact:

Sabrina Sanchez

Ventana Public Relations

(925) 875-1968

wd@ventanapr.com

 

 

CUSTOMER ADOPTION OF WYSDM'S ADVANCED DATA PROTECTION MANAGEMENT SOLUTION CONTINUES TO ESCALATE

 

DPM Leader Positioned to Outpace First-generation Solution Providers with 30% Quarterly Increase in Users in a Market that Leading Analyst Firm Expects to Reach

$200 Million by 2011

 

 

NEW YORK-March 9, 2007 WysDM Software, Inc., the leading provider of advanced data protection management (DPM) solutions, announced today that the number of companies using its DPM software has grown to more than 300, representing an increase of 30 percent since the end of fourth quarter 2006. WysDM's enterprise customers include financial services, telecommunications, commercial airlines, government and pharmaceutical companies.

 

The rapid rate of customer adoption is consistent with recent findings from the industry's first worldwide forecast on the data protection and recovery management (DPRM) market. A report published by leading market research firm IDC indicates that the DPRM market reached $58 million in 2006 and will increase to $200 million by 2011, representing a 28% percent compound annual growth rate (CAGR). The study, Worldwide Data Protection and Recovery Management: Who's Who and Why It Matters (IDC #205571, February 2007), includes major vendor profiles of companies such as WysDM Software, and market growth forecasts. The report may be viewed at http://www.wysdm.com/whitepapers/IDC-DPRM.pdf.

 

We found that the DPRM market fueled by the need for increased operational efficiency, reduced costs, and improved reliability and performance holds a lot of potential for solution providers such as WysDM, said Laura DuBois, research director for IDC's Storage Software group. "Business drivers such as compliance and corporate governance should play a key role in the long term outlook for the worldwide data protection and recovery management market, particularly since DPRM is relevant to larger sectors like data protection and recovery, replication, and storage management."

 

The IDC report outlines two key market drivers for DPRM, including:

 

We are thrilled to see heightened interest in WysDM's DPM solution and strong customer momentum for the company, said Alan Atkinson, CEO, WysDM Software. We've found that organizations are realizing that backup reporting alone is not sufficient for managing large, complex, and often distributed data protection environments. Our customers are putting their dollars behind advanced, higher-value functionality such as the ability to see where bottlenecks are occurring so they can be fixed immediately, identifying potential problems so they can be prevented from happening, and optimizing their existing backup infrastructures rather than investing in more hardware. This is where WysDM has a decided advantage, as proven by our customer traction.

 

About WysDM Software

WysDM is the industry's first and only data protection management (DPM) supplier to offer detailed custom analysis of the entire data protection environment, providing the most comprehensive insight into past, present and future data protection reliability, performance and compliance. Founded in 2001 by a team of storage and software executives from Goldman Sachs, Micromuse, and StorageNetworks, the company has established significant traction on the customer, partner and technology fronts. Its flagship product, WysDM for BackupsTM, uses the company's patent-pending Cross-Domain CorrelationTM technology to enable system administrators and IT teams to analyze information collected from network, storage, system, and application domains to provide the most comprehensive real-time backup analysis available. For more information, visit www.wysdm.com.

###

 

WysDM, the WysDM logo, WysDM for Fileservers, WysDM for Backups, and Cross-Domain Correlation are trademarks or registered trademarks of WysDM Software, Inc. in the United States and other countries. All other company and product names mentioned are or may be trademarks or registered trademarks of their respective owners.