TORONTO, Jan. 3, 2018 /PRNewswire/ — An expanded user base, new partners, and a quantum leap forward in product features were among the highlights for ioFABRIC Inc. in 2017, the company announced today.  

The year’s accomplishments included the release of ioFABRIC Vicinity 3.0, which delivers a multi-site, multi-cloud data fabric for complete data protection and availability. The significant updates include industry-unique cost optimization features, based on artificial intelligence, to automatically select the lowest-cost storage that meets each application’s requirements.  

With new features, Vicinity can be leveraged as a solution against the growing threat of ransomware. Vicinity’s immutable snapshots cannot be accessed or infected by ransomware, so data is always safe and easily recoverable. Vicinity protects from this most-common cyberattack that caused business damages exceeding $5 billion in 2017. 

Among ioFABRIC’s new customers and partners is Canada’s premium IT services provider Xenium, which offers ioFABRIC software as part of its data management and ransomware protection solution; Aeon Technology Services (Aeontech), one of Australia’s leading providers of IT asset management services; and cybersecurity consultancy Seccom Global.  

Most recently, ioFABRIC was nominated for a Tech Trailblazers award in the Storage Trailblazers category, recognizing vendors offering innovative solutions to enterprises – voting is open to the public through January 9.  

“It’s been a banner year not just for us as a company but for the overall market shift to cloud and multi-cloud data management, where business and IT needs are being met by orchestrating workloads and services across all clouds, sites, and storage,” said ioFABRIC CEO and Co-Founder Steven Lamb.  

Vicinity unlocks the true value of the hybrid cloud by monitoring and automatically moving data to where it needs to be: active data remains on-premises, while stale data is automatically migrated to the cloud. Vicinity profiles performance, capacity, and data protection capabilities of all storage elements to deliver the service-level requirements that each application workload demands. Users can scale performance and capacity independently and without limit. Vicinity recommends when you need more performance media and automatically overflows capacity to the cloud. Data is replicated across sites and clouds for always-on data durability that solves the challenges of backups and the risk of restores, guaranteeing business continuity. 

About ioFABRIC Inc.  

ioFABRIC Inc. is a data management company whose software solves data challenges while reducing complexity, and optimizing costs. ioFABRIC’s flagship product, ioFABRIC Vicinity, is a multi-site, multi-cloud data fabric ensuring storage is always available, always protected, always evergreen. Vicinity 3.0 creates a data fabric supporting applications running on legacy servers, VMs, containers, and clouds. Vicinity is sold through ioFABRIC’s reseller and distribution channel, through its powerful LEaD program. Partners sell Vicinity as licensed software or by white-labeling it with additional hardware and/or software. Founded in 2013 by an executive team that has worked together for more than 20 years is funded by private investors. For more information visit www.ioFABRIC.com.  

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SOURCE ioFABRIC