Panzura, the leader in hybrid multi-cloud data management, is recognized as a Sample Vendor in Gartner Hype Cycle™ for Midsize Enterprises, as well as Gartner Hype Cycle for Storage and Data Protection Technologies, 2022 in the Hybrid Cloud Storage category.1 Panzura was also included in the latest Gartner Market Guide for Hybrid Cloud Storage. It was recognized as a Representative Vendor in Hybrid Cloud Platform and Data Transfer.2
"For years, we have been working closely with CIOs to develop hybrid multi-cloud data management products that ensure security, visibility, and control. We are excited to be recognized in Gartner reports, which to us is another testament to the security we bring to our customers to protect their data from ransomware and other cyber threats.”
— Jill Stelfox, CEO of Panzura
According to the Gartner Market Guide for Hybrid Cloud Storage, “By 2025, 70% of IT storage engineers will expand their skills and job responsibilities from managing storage to providing global data services, including cyber resilience, data insights, and global access.”
Following Panzura’s re-founding in 2020, the company has undergone a cultural shift and brought seven new products to market. Within three years, it achieved a record-breaking rise in annual recurring revenue of 485% and was growing at four times the rate of its nearest competitors. It has won industry-leading awards including Inc’s list of America’s Fastest Growing Companies 2022 and Best Workplaces for 2022.
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1 Gartner, “Hype Cycle for Midsize Enterprises,” Mike Cisek and Albert Gauthier, July 2022 and Gartner, "Hype Cycle for Storage and Data Protection Technologies", Julia Palmer, July 2022
2 Gartner, Market Guide for Hybrid Cloud Storage, Julia Palmer, Kevin Ji, Chandra Mukhyala, October 3, 2022