*The following is a guest blog post, written by Jeff Denworth of CTERA
The cloud storage gateway market was particularly hot this summer, having experienced a flood of investment topping over $100M in both likely and unlikely places. CTERA was one vendor at the center of it all – as a provider of a cloud storage services platform that enables users to deploy cloud storage gateways, enterprise file sync and share and endpoint backup services from the private and virtual private cloud of their choice. CTERA alone secured $25 million in June, but we were not alone - our friend, EMC, for example, also got into the game by acquiring TwinStrata’s block storage caching gateway for their VMAX division. Fueled by customer demand and added investment, the cloud gateway market is undeniably hot, hot, hot! IT research analyst firm MarketsAndMarkets estimates that the Cloud Storage Gateway market will continue to grow at an average rate of 55% until 2019, representing a $5B market by that time.
Why cloud gateways, you ask? Well, there’s a variety of reasons.
- By harnessing commodity storage technology and smart scalable software in the data center, new public and private cloud storage is redefining data center economics for primary storage and disaster recovery.
- WAN bandwidth is now robust enough to where offices can now move substantial amounts of data to and from remote data centers using deduplication and compression to optimize efficiency and performance.
- The combination of these two factors is enabling organizations to modernize how they deploy storage at the edge and eliminate some of the pains that customers had with managing storage across a dispersed enterprise.
As customers rush to find more modern solutions for branch office storage, they quickly learn that there are many approaches to cloud storage gateways. To reduce the confusion, I’ll try to illustrate the differences here in this blog.