On June 16, 2014 Gartner released their first ever Magic Quadrant for Structure Data Archiving Application Retirement which was written by analysts Garth Landers, Alan Dayley and Sheila Childs. We are pleased to say that IBM was recognized as a leader in the report, which spanned 13 total vendors.
That Gartner researched structure data archiving and application retirement to produce a Magic Quadrant validates the need in the market for such technology. Gartner estimates the market is $270M and growing at a compound annual growth rate of 10 percent.
For those of you who may not be familiar with the Magic Quadrant, Gartner performs extensive research to determine which vendors will be positioned in the Leaders, Challengers, Visionaries and Niche Players quadrants in its reports.
Vendors are evaluated on their Ability to Execute and Completeness of Vision. As you can see in the figure below, IBM is recognized as the overall leader in ability to execute and a leader in Completeness of Vision. Download the full report for more.
IBM’s structure data archiving solution, InfoSphere Optim, was the first to market over 15 years and therefore has very deep and robust capabilities to meet the varying client requirements. There are over 2,000 clients using InfoSphere Optim archive to help improve performance and availability of their applications, while ensuring compliance and lower their costs.
A use case for data archiving that has gained more and more attention and adoption over the last several years is using InfoSphere Optim to retire applications. According to IDC, IT organizations are spending from 60 to 80 percent of their budget maintaining existing applications. By retiring applications that are no longer needed for day-to-day business operations, they can free up some of that budget to put toward strategic projects, like big data, cloud and mobile.
With InfoSphere Optim, the concern about not having access to the archived data goes away as it provides multiple ways to access archived data without needing the application. Read about how one of our clients, Dignity Health, saved millions of dollars retiring legacy applications.