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ioFABRIC Inc. is a data management company whose software solves data challenges while reducing complexity, and optimizing costs. It was founded in 2013 by an executive team that has worked together for more than 20 years is funded by private investors.

Their main product, ioFABRIC Vicinity, is a multi-site, multi-cloud data fabric ensuring storage is always available, always protected, always evergreen. Vicinity 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.

This product has now a new release of ioFABRIC Vicinity 3.0, which delivers a multi-site, multi-cloud data fabric for complete data protection and availability across servers, VMs, containers, and clouds.

It can virtualize all storage for a unified Data Fabric that is always available, always evergreen, always protected and cost-optimized.

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.

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.

Data privacy and data residency are increasingly important legal and regulatory requirements. The growth of cloud solutions has heightened theses concerns and increased the risks. By storing sensitive data on the on-premise private cloud and less sensitive data on the public cloud, a hybrid cloud storage solu1on solves the security, privacy, and data residency requirements, while still providing all the economic and ease of use benefits of cloud storage.