Not Yesterday’s Cloud Anymore
The trends that set the tone and the market opportunity in the landscape for Panzura were brought on by the commonness of data migration to the cloud. Customers were shifting to the cloud strategically, not just on an experimental basis, but to explore it exponentially. They wanted to exploit its speed, agility, and economics, leading a significant push forward for a growing adoption of services like AWS, Azure, and Google. Cloud services offer a more effective alternative to traditional ways of storing and managing data in the data centre, something fuelled predominantly by machines, servers, and their related applications. The content formed by the likes of 3D images, IoT, and 4K videos—in turn gently nudging the scales on an obese legacy file infrastructures. The old NAS infrastructures were built 20-30 years earlier, primarily for establishing data resilience. In a data centre, legacy data management would demand that users replicate that file system, backup that data, archive that data to tape, or copy that data to another data centre. This overall would create quite a complex and costly infrastructure, magnified further by this tremendous growth in unstructured data, which cannot be scaled further. Thus lead the movement toward storing and managing data in a new hybrid and multi-cloud approach —the superset of the hybrid cloud, which encompasses data centres and multiple clouds as well. With a recent IDC report stating that 86 percent of customers are using two or more clouds, not wanting to be locked into a single vendor, enterprise customers have always faced the choice of a single vendor vs. a best of breed approach. This used to be a limit imposed by the boundaries of a more primitive cloud, now boldly outgrown by the multi-cloud approach with its flexibility and versatile use of multiple cloud services at once.
A multi-cloud data management platform, Panzura’s portfolio includes two specific solutions that have measured the gravity of those trends. Panzura’s Freedom cloud NAS is a multi-cloud file services solution which, in place of traditional, legacy NAS, moves data into a cloud—private or public—helping the enterprise save about 70 percent of running cost and hardware versus traditional storage. The software-defined filter is focused on how users can effectively drive high-performance file services to object or cloud storage, and also reduce about 90 percent of the file infrastructure in the data centre, powered with their proprietary CloudFS. This revolutionary new distributed global cloud file system helps to deal with the exponential growth in unstructured data in a scalable, cost-effective manner without creating multiple copies sprawled across multiple different data islands, opening up a lot of speed, agility, business value for the customer. On the Freedom Filer, data is stored as a single source of truth in the cloud, becoming the authoritative version of that data to then effectively cache the active data set at the edge—the edge is the data centre, or another cloud—where one can run an instance as an ESX in the data centre, or as an AMI inside of Amazon or on Azure or Google. Additionally, Panzura provides the ability to collaborate on data in real time globally, with a “by range file locking.” system, rendering the ability to avoid collision and creating corruption on the file. Subsequently, when multiple users access the same file, CloudFS can lock that file and give that single source identity for that file, sidestepping reduplication.
Beyond this, one logical question would be: “What may be done with the data, once it is on the cloud?” The answer is Panzura’s Vizion.ai SaaS solution, the jewel of their presentation at VMworld 2018—designed to give a single unified view of the data across the enterprise and across multiple clouds. Vizion. ai provides powerful elastic search, machine-learning analytics for things such as cost optimizing cloud storage and control of data, not just on one cloud, but across multiple clouds. Thus for the first time, users can virtually consolidate data from multiple filers–from NetApp to EMC to Windows to Panzura–and SaaS applications into Vizion.ai to perform metadata search to find data quickly. The average 1,000 person company spends $2.5M trying to find data annually according to IDC, making this a highly valuable productivity tool. The ability to control where that data moves, say from a GDPR perspective, is also extremely viable. Users can move the data seamlessly across geographical location, while also giving them the ability to restore and clone data, not only on one cloud, but across any such cloud of their choosing, and make use of the machine learning service in that particular cloud. The Vizion.ai platform is a significant step forward for customers.
I try to inject a very competitive spirit into the team, by bringing the best and brightest into the company and, in turn, put fun, challenging competitions in place to innovate for our customers
The word Vizion came from a simple focus on providing a single, unified vision into your data across your enterprise and clouds.
Progressively Lossless Solution
One notable adopter of Panzura’s solutions is a top ten Wall Street bank. With an infrastructure built over 30 years, the bank made a strategic design choice to move to the cloud, firstly onto a private cloud and next to a public cloud infrastructure. The customer had over 30,000 applications that are POSIX or NFS and SMB based. Consequently, the bank was faced with the possibility of re-writing those 30,000 applications to integrate into the new cloud environment. Still delivering the high-performance nature that they had in their previous vendor’s case, Panzura extended the bank the capability to leverage the cloud first approach. In moving those applications into a new cloud infrastructure without re-write, Panzura offered the file services on the front end, to help them convert that POSIX data, NFS and SMB to object storage. In the next phase, the client wanted to move some of their workloads into a public cloud, without needing a change of workflow. Thirdly, they wanted to integrate cloud-native applications. With Panzura, they now have a complete software-defined solution to move them to the cloud first strategy and can migrate all their apps to that environment without a rewrite. Finally, they can take advantage of the public cloud in the future, without changing workflow and can integrate cloud-native workloads with native support for Docker. Panzura is now the standard for enterprise file services at the bank
An Identity of Innovation and a Legacy of Hard Work
“I try to inject a very competitive spirit into the team, by bringing the best and brightest into the company across disciplines and, in turn, put fun, challenging competitions in place to innovate for our customers.” In this pursuit, Panzura looks not only in Silicon Valley but also for some of the best minds around the world. Panzura has a global development footprint that truly spans the globe, in Europe, the U.S., and the APAC.
"The word Vision came from a simple focus on providing a single, unified vision into your data across your enterprise and clouds"
Their guiding principles dictate that innovation is key, a statement that is written on the board outside their office wall, to always stay ahead of the curve. Teams of engineers work with clients to understand their core needs and apply a customer-first perspective to their work, not only from an engineering standpoint but from a support perspective as well. With a net promoter score of 83, which is one of the highest in the industry, Panzura has done exceptionally well in terms of customer quality and satisfaction reflected in their focus on customer support. Having just closed their Q3 quarter on July 31st, the company is up 100 percent from a year ago. What Panzura is today is reflective of all the hard work that Patrick and his team have done to get them there, poised on the verge of something special, to be the leader in multi-cloud data management and to excel in the years to come.
Panzura Announces Availability of Its LAS within the Vizion.ai Platform
Panzura, a leading provider of multi-cloud data services, has announced the availability of its LAS, the Log Analytics Service within the Vizion.ai platform.
FREMONT, CA: Panzura’s LAS platform is the single most multi-cloud log analytics platform capable of delivering an always-on availability, single-click deployment besides flexible scale, that too at a fraction. Read More
Panzura Named 'Market Leader' in File-Based Cloud Storage and 'Fast Mover' in Unstructured Data Management by Gigaom
Gigaom Radar for File-Based Cloud Storage
In this inaugural report authored by Analyst Enrico Signoretti, Panzura receives the highest combined scores for Key Criteria and Evaluation metrics and is noted as excelling in:
Maturity “ the maturity and solidity of the product, user acceptance, and overall ecosystem sustainability.
Innovation “ differentiation, innovative aspects of the product and overall vendor approach to the market.
Feature play “ a focused solution with differentiating features and technical product aspects.
"Now more than ever, with hybrid cloud infrastructures and distributed organizations across the world, teams need the ability to access data from everywhere, seamlessly," said Signoretti. "Panzura Freedom stands out for its tremendous capability to simplify teamwork among distributed team members who share files across different clouds and on-premises locations across the globe while keeping data under control."
Panzura Freedom is the only cloud file services solution to offer real-time, cloud-based file operations that, when combined with military-grade security, enables remote team members to work on the same unstructured data sets, or even the same files, at the same time ” without overwriting each other or making multiple data copies. Its immutable data architecture keeps cloud-based data secured and inherently protected from cyber-attacks. Built-in active archive, enterprise-grade backup, and disaster recovery maximize enterprise up-time and replace services typically provided by a third party ” delivering measurable operational efficiencies and savings.
"Distributed teams need fast access to shared data, regardless of where they work," said Jill Stelfox, chairman and CEO of Panzura. "However, the majority of enterprises rely on remote data centers for data storage, which undercuts employee productivity and ability to work from home. The longer this continues, the more IT stifles business user productivity and competitiveness, rather than driving it. We set out to solve the acute data access, control and collaboration issues that occur when enterprises move data files to the cloud and service globally distributed teams by creating the fastest cloud file service on the planet."
Gigaom Radar for Unstructured Data Management
Immense business value is possible when turning unused data into something transformative to business outcomes. This report highlights the increasing importance for organizations to invest in solutions capable of delivering storage at scale, and improving data searchability. Leveraging data stored in the system can minimize costs and increase control over critical security and compliance aspects.
Panzura's Vizion.ai Machine Learning-based (ML) data analytics is rated a challenger and fast mover that, when combined with Panzura Freedom (and other filers), enables enterprise customers to search and audit their entire cloud file storage in seconds. This allows users to take control of the data and exploit hidden value quickly.
"We have come to a point where storing data safely and for a long time brings little benefit to an organization, and in fact can become a liability," said Signoretti. "With the right processes and tools, organizations can turn data from a liability to an asset with unstructured data analytics solutions like Vizion.ai. Organizations can more readily understand what data is stored in the storage systems, no matter how complex and dispersed it is, mitigate risk and then exploit opportunities."
The report further highlights other key Vizion.ai functionalities, including:
Scalability, ease of use, and efficient unstructured data management capabilities
Rapid deployment, ease of expansion through a series of applications available in the marketplace
Solid support for ElasticSearch and Kibana
A high variety of use cases and possibilities
Trusted by enterprises like Datatility, Gensler, Goop, Barton Willmore and phoenixNAP, the cloud management dashboard provides a complete view of the entire cloud network, with powerful search and auditing capabilities, security event detection and prevention, and data management compliance with a one-click ELK (Elasticsearch, Logstash, Kibana) stack deployment.