Oct 25, 2024

By Tim King , Executive Editor at Solutions Review Solutions Review Executive Editor Tim King curated this list of notable storage and data protection news for the week of October 25, 2024. Keeping tabs on all the most relevant storage and data protection news can be a time-consuming task. As a result, our editorial team aims to provide a summary of the top headlines from the last week in this space. Solutions Review editors will curate vendor product news, mergers and acquisitions, venture capital funding, talent acquisition, and other noteworthy storage and data protection news items. For early access to all the expert insights published on Solutions Review, join Insight Jam , a community dedicated to enabling the human conversation on AI. Top Storage and Data Protection News for the Week of October 25, 2024 AuditBoard Extends AI Features in Risk & Compliance Platform AuditBoard and Ascend2 Research recently conducted a survey finding 89 percent of organizations plan to use AI but face challenges such as data privacy concerns and high costs, showcasing the balancing act organizations must perform to leverage the benefits of AI while mitigating associated risks. Cohesity Adds Advanced Viz Tool & New Data Sources Cohesity Gaia brings the power of generative AI to enterprise data, dramatically improving the speed and quality of insights available for a variety of use cases. The solution indexes and provides insight based on data stored in many popular formats, including emails, documents, PDFs, text files, spreadsheets, HTML, XML, and presentations. Flexential Nabs New Investment from Morgan Stanley Flexential has a portfolio of more than 40 data centers across the United States and more than 325MW of built and under-development capacity. The company said the new investment will help fuel Flexential’s ongoing growth strategy, enhancing its market presence. IT Outages Cost Firms Up to $1,9 Million/Hour, According to New Relic The findings demonstrate a strong correlation between full-stack observability and reduced downtime, fewer interruptions, and lower annual outage costs—reinforcing the critical role observability plays in maximizing operational efficiencies and business performance. Object First Survey Showcases the Essential Nature of Immutable Storage It’s clear that traditional security measures are no longer sufficient, and most IT leaders understand the need to ramp up the security of their backup storage architectures and tools. 97 percent plan to invest more in secure, immutable backup storage technology, while 93 percent say they’ll likely align their backup infrastructure with Zero Trust best practices. RegScale Launches 6.0 The RegScale platform is laser-focused on transforming GRC outcomes by bridging security, risk, and compliance. Its major new release, RegScale 6.0, is furthering that mission with a streamlined interface, smarter AI, and intelligent workflows. Sidero Labs Secures $4 Million in Venture Capital Funding Led by CEO Steve Francis, Sidero Labs is a software development company focused on building tools and infrastructure to improve the experience for companies seeking to adopt Kubernetes and containerized applications. Expert Insights Section Watch this space each week as our editors will share upcoming events, new thought leadership, and the best resources from Insight Jam, Solutions Review’s enterprise tech community where the human conversation around AI is happening. The goal? To help you gain a forward-thinking analysis and remain on-trend through expert advice, best practices, predictions, and vendor-neutral software evaluation tools. Solutions Review Set to Host Infinidat for an Exclusive Spotlight Webinar on Green IT, October 31 Hear from industry experts Eric Herzog and Tim Dales and learn how Infinidat helps enterprises reduce both OPEX and their carbon footprints while ensuring unmatched real-world application performance, guaranteed 100 percent availability, and industry-leading cyber storage resilience and recovery. Solutions Review Set to Host Infinidat for an Exclusive Spotlight on Next-Gen, Cyber-Centric Data Protection & Recovery, November 7 Enterprises need to prepare for the inevitable — adopting a cyber recovery-focused approach that emphasizes high-speed recovery with minimal application and workload disruption. Join Infinidat’s CMO, Eric Herzog, and Senior Solution Architect, Joe Roa, as they showcase the benefits of the new, cyber-first approach to data protection and recovery.