eFolder Acquires Cloudfinder: The Next Profit Opportunity

Post on 14-Jan-2015

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eFolder has announced the acquisition of Cloudfinder, an international leader in cloud-to-cloud backup services. In this partner briefing, eFolder CEO Kevin Hoffman and Cloudfinder CEO Marcus Nyman share the highlights of the deal and explain what it means for eFolder partners, Cloudfinder partners, and the channel at large.

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eFolder Acquires Cloudfinder:The Next Profit Opportunity

Kevin HoffmanCEO, eFolderkhoffman@efolder.net

Marcus NymanCEO, Cloudfindermarcus.nyman@cloudfinder.com

© 2014 eFolder, Inc. All Rights Reserved.

© 2014 eFolder, Inc. All Rights Reserved.2

Big News

eFolder Acquires Cloudfinder, Empowers Managed Backup and Search for Office 365,

Google Apps, and Salesforce for MSPs

3

eFolder Key Facts

• Founded: 2002• Headquarters: Atlanta, GA• People: 120• Partners: 2000+• Website: www.efolder.net

eFolder’s mission is toprovide peace of mind by

protecting business productivity

© 2014 eFolder, Inc. All Rights Reserved.

Why acquire Cloudfinder?

© 2014 eFolder, Inc. All Rights Reserved.

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End-user spending on cloud services by 2018

$13B United States business spending on cloud computing and managed hosting services in 2014

2014

$180B

First year the majority of workloads will be in the cloud (51%) versus traditional IT space (49%)

People are moving to the cloud

Why acquire Cloudfinder?

Silicon Angle, Jack Woods, January 27, 2013“20 cloud computing statistics every CIO should know”

© 2014 eFolder, Inc. All Rights Reserved.

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Why acquire Cloudfinder?

Publ ic Cloud On-pr emise

44.00%

8.90%

P u b l ic Clo u d v s.On -p r emise

Gr o wt h

80%Businesses that have reported using some form

of SaaS application in their organization.

© 2014 eFolder, Inc. All Rights Reserved.

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Why acquire Cloudfinder?

- Silicon Angle, Jack Woods, January 27, 2013“20 cloud computing statistics every CIO should know”

32% Businesses using cloud services that have reported losing data.

- January 2013, Aberdeen Group report:“SaaS Data Loss: The Problem you Didn’t Know You Had”

“More than half of survey respondents say their organization currently transfers sensitive or confidential data to the cloud.”

© 2014 eFolder, Inc. All Rights Reserved.

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Why acquire Cloudfinder?

Rapid adoption of cloud applications has created two problems

Businesses today risk data loss, data fragmentation and

compliance violations as more workloads move from on-premises servers to the

cloud

IT channel partners are seeking to replace traditional

revenue streams from on-premises managed services as their clients rapidly adopt

cloud applications

© 2014 eFolder, Inc. All Rights Reserved.

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Why acquire Cloudfinder?

“As we have learned with our existing partner network, cloud computing is not do-it-yourself computing. Businesses need the trusted advice of MSPs, cloud service providers, and VARs as more applications move to the cloud…”

- Marcus Nyman, CEO, Cloudfinder

© 2014 eFolder, Inc. All Rights Reserved.

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Why acquire Cloudfinder?

IT channel sales for cloud applications has grown…

• 22,000 Office 365 resellers• 6,000 Google Apps resellers• 600 Salesforce consulting partners

…but few companies are backing up these applications.

2014 eFolder, Inc. All Rights Reserved.

11

Why acquire Cloudfinder?

Cloudfinder offers business users an extra level of resiliency and assurance for all of their cloud data, while restoring the profit opportunity for partners with managed cloud applications.

© 2014 eFolder, Inc. All Rights Reserved.

What is Cloudfinder?

© 2014 eFolder, Inc. All Rights Reserved.

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What is Cloudfinder?

© 2014 eFolder, Inc. All Rights Reserved.

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What is Cloudfinder?

© 2014 eFolder, Inc. All Rights Reserved.

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What is Cloudfinder?

Cloudfinder is the only company that provides unified backup and instant search across differing cloud services. From one user interface, businesses can backup, search, restore and get a data overview across multiple cloud services.

© 2014 eFolder, Inc. All Rights Reserved.

What is Cloudfinder?

Google AppsSalesforce

Office 365

Protection against data loss and corruption:

User errors

Malicious deletionHackers

Third-party software errorsService interruptions

Admin errors

© 2014 eFolder, Inc. All Rights Reserved.16

Cloudfinder Use Cases

© 2014 eFolder, Inc. All Rights Reserved.

Problem:Microsoft Office 365 user account is deleted

Solution:Restore a complete user account from

Cloudfinder

© 2014 eFolder, Inc. All Rights Reserved.18

Problem:A contract stored on Google Drive is deleted

Solution:Restore Documents to any user from Cloudfinder

”Anything permanently deleted from Google Drive can't be recovered.”https://support.google.com/drive/answer/2405957?hl=en

”For non-email data recovery solutions, please consult the Google Apps Marketplace”https://support.google.com/a/answer/112445?hl=en

© 2014 eFolder, Inc. All Rights Reserved.19

Problem:Client cannot find SFDC Contacts after

undeleting the parent account

Solution:Contact Records are safe in Cloudfinder

”If a child record is deleted (such as contact or opportunity), and the parent record is subsequently deleted (e.g. the account), the child record is permanently deleted.

Therefore even if the parent record is undeleted, the child record cannot be recovered.”https://help.salesforce.com/apex/HTViewSolution?id=000004665

© 2014 eFolder, Inc. All Rights Reserved.20

Problem:Client needs to provide all email messages for an e-discovery process – some accounts are deleted

Solution:Recover and export all emails and folders

from Cloudfinder

© 2014 eFolder, Inc. All Rights Reserved.21

What’s Next?

© 2014 eFolder, Inc. All Rights Reserved.

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Cloudfinder, an eFolder Brand

Market

Disruption

+ Excellent product with mature IP already in production

+ Superior cloud app coverage and easily extensible design

+ Rapid R&D process+ Scalable architecture+ European channel sales

momentum+ Immediate synergy with

eFolder cloud

Market reputation, reach, and momentumProven account management & onboarding teamCross selling to large existing partner baseCustom cloud infrastructure for unique economies of scaleeFolder’s backup and cloud infrastructure IP

= Immediate channel leader in cloud app backup

= Growth momentum to overtake Backupify and Spanning

= Pricing and gross margin advantage via in-house cloud

= Only vendor with comprehensive backup and business continuity solution for any business data / service

© 2014 eFolder, Inc. All Rights Reserved.

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Free trial offer

Sign up for a trial at Cloudfinder.com…

…eFolder and Cloudfinder will upgrade your account to a 25 NFR account after the webinar

© 2014 eFolder, Inc. All Rights Reserved.

Q&A

© 2014 eFolder, Inc. All Rights Reserved.