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Panzura Solidifies Hybrid Cloud Leadership with Relentless Innovation

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Panzura Named a Representative Vendor for Third Consecutive Year in the Gartner® Market Guide for Hybrid Cloud Storage

SAN FRANCISCO, April 25, 2025 /PRNewswire-PRWeb/ — Panzura has been recognized as a Representative Vendor in the 2025 Gartner® Market Guide for Hybrid Cloud Storage [1] for the third consecutive year. Panzura considers this an acknowledgement of the leadership role of Panzura CloudFS hybrid cloud file platform in the evolving landscape where hybrid cloud capabilities and artificial intelligence (AI) are converging to transform business operations.

In Panzura’s view, the Gartner Market Guide provides validation of our vision for CloudFS, where data flows seamlessly from core to edge to cloud.

The recognition comes as Gartner forecasts a significant surge in adoption, projecting that “by 2028, 60% of I&O leaders will implement hybrid cloud file deployments, up from 25% recorded in early 2024.” The projection aligns with findings from the 2024 Gartner Cloud and Hybrid Infrastructure Survey, cited in the guide, “according to the survey, over half of the I&O leaders, precisely 63%, reported that their enterprises are actively managing hybrid cloud infrastructure.” Technologists are recognizing the tangible benefits of proactive disaster recovery, enhanced performance, and superior availability – all critical tenets of modern data management strategies.

“In Panzura’s view, the Gartner Market Guide provides validation of our vision for CloudFS, where data flows seamlessly from core to edge to cloud. In a world where every organization is becoming data centric, CloudFS drives true competitive advantage through cost optimization, ironclad resilience, and borderless data access,” said Petra Davidson, Head of Global Marketing, Panzura.

Setting New Standards in Hybrid Cloud File Services

Over the past year, Panzura has accelerated its innovation cadence, introducing groundbreaking capabilities within CloudFS 8.5 Adapt that further its ability to address critical market needs such as business continuity. According to the Gartner guide, “hybrid cloud storage enhances business continuity and disaster recovery capabilities.”

These advancements include:

Instant Node: Revolutionizing business continuity, Instant Node enables the fast deployment, restoration, or migration of CloudFS edge instances in under 5 minutes – a contrast to industry averages of 4-8 hours. This capability minimizes downtime during disruptive events and offers a cost-effective alternative to traditional high-availability solutions, ensuring uninterrupted access to data at the edge.Regional Store: Optimizing data locality for geographically distributed teams, Regional Store allows the synchronization of data to up to four additional regional cloud buckets. Serving uncached files from the nearest location significantly reduces latency and egress costs, particularly benefiting data-intensive workflows like AI and machine learning (ML) pipelines. The Gartner guide states that, “Two-way synchronization enables enterprises to use the elastic nature of the compute infrastructure found among cloud service providers.”Enhanced Cloud Tiering: Providing granular control over storage costs and performance, CloudFS now offers intelligent tiering across different Microsoft Azure storage classes and direct assignment of data to cost-optimized AWS storage tiers, including support for AWS Glacier Instant Retrieval. Regarding hybrid cloud data services, the Gartner guide explains, “Cost efficiency is another benefit, as organizations can leverage the cloud for high-demand periods and use on-premises infrastructure for steady-state operations.”Expanded Virtualization Support: Increasing deployment flexibility and cost savings through support for additional virtualization platforms, including Linux KVM.Advanced Security and Access Controls: Strengthening security posture and simplifying user management through enhanced Role-Based Access Control (RBAC) with fine-grained permissions within the CloudFS web interface and seamless integration with identity providers like OKTA via sophisticated single sign-on (SSO).FIPS 140-3 Certification: Demonstrating an unparalleled commitment to security and compliance, Panzura CloudFS is the only hybrid cloud file storage solution to achieve the stringent FIPS 140-3 certification for its core data encryption and key management processes. This certification underscores Panzura’s dedication to providing the highest levels of data protection, a critical requirement when operating in regulated industries such as those requiring rigorous CMMC 2.0 certification.

Meeting the Demands of Hybrid Cloud and AI

The Gartner Market Guide for Hybrid Cloud Storage notes, “With the rise of generative AI deployments, the importance of long-term hybrid cloud services has increased proportionally to the growth in and volume of data at the edge.”

Panzura CloudFS addresses the growing importance of hybrid cloud storage in AI initiatives by enabling the rapid transfer of data from edge locations into a consolidated, deduplicated dataset accessible by LLMs. Data preparation for AI pipelines depends on seamless data availability and integration from various sources, whether on-premises or in the cloud, and CloudFS delivers access to the comprehensive datasets needed by technologists and data teams.

The CloudFS platform is also engineered to address the challenges of hybrid cloud integration, a top concern for I&O leaders seeking seamless data services across heterogeneous environments. The platform’s deep integration with leading cloud providers like Microsoft Azure, AWS, Google Cloud Platform, and others — while remaining storage agnostic — provides a unified and consistent file experience. It enables simultaneous co-authoring and collaboration with advanced features such as patented global deduplication and real-time file and byte-range locking.

Furthermore, its immutable architecture and near real time ransomware detection provides an unassailable layer of defense against ransomware, exfiltration, and other data loss scenarios, directly addressing the escalating security threats faced by enterprises.

The Gartner Market Guide for Hybrid Cloud Storage asserts, “Instead of one-way data movement, early adopters of hybrid cloud storage are using multidirectional synchronization of data between the edge, core data center and public cloud.” From the Panzura perspective, CloudFS supports the modern enterprise need for multi-directional data flow.

Enabling the Future of File Data Services

These technological advancements emphasize the proactive approach of CloudFS toward addressing the evolving demands of the hybrid cloud landscape. The company says this is reflective of Gartner’s emphasis on solutions that offer value-added data services beyond mere storage.

In Panzura’s view, for instance, CloudFS supports the industry transition where, according to Gartner, “As migration to the cloud continues, I&O teams are transforming from providers of data center infrastructure to providers of data management services everywhere.”

The platform delivers the necessary file data infrastructure that supports data availability, scalability, performance, security, and cost-efficiency. This includes critical areas cited by the Gartner Market Guide like cyber resilience, lifecycle management, and seamless data mobility. Delivering these capabilities, Panzura CloudFS allows enterprise teams to build highly flexible and resilient file data strategies that are ready for the challenges and opportunities of an AI-driven future.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

Gartner does not endorse any vendor, product, or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designations. Gartner’s research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

[1] Gartner, Market Guide for Hybrid Cloud Storage, Julia Palmer, Chandra Mukhyala, April 7, 2025

Panzura is a trademark or registered trademark of Panzura LLC in the U.S. and/or other countries. All other trademarks, registered trademarks and/or logos are the property of their respective owners.

About Panzura

Panzura empowers modern enterprises to unlock the full potential of their unstructured data, aligning it with strategic business goals. Our solutions ensure data visibility, accessibility, and control, seamlessly preparing organizations for a digitally transformed, AI-driven future. With Panzura, organizations can enhance data resilience, optimize costs, and deliver data instantly to users and processes – anywhere, anytime. Discover how Panzura can drive your success at panzura.com.

Media Contact

Thomas Morelli, Panzura, 1 (206) 218-3984, pr@panzura.com, https://www.panzura.com

View original content:https://www.prweb.com/releases/panzura-solidifies-hybrid-cloud-leadership-with-relentless-innovation-302436874.html

SOURCE Panzura

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SiriusXM Declares Quarterly Cash Dividend

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NEW YORK, July 22, 2026 /PRNewswire/ — SiriusXM (NASDAQ: SIRI) today announced that its Board of Directors declared a quarterly cash dividend of $0.27 per share of common stock. This regular quarterly dividend is payable in cash on August 26, 2026, to stockholders of record at the close of business on August 10, 2026.

About Sirius XM Holdings Inc.
SiriusXM is the leading audio entertainment company in North America with a portfolio of audio businesses including its flagship subscription entertainment service SiriusXM; the ad-supported and premium music streaming services of Pandora; an expansive podcast network; and a suite of business and advertising solutions. Together, SiriusXM reaches a combined monthly audience of approximately 255 million listeners. SiriusXM offers a broad range of content for listeners everywhere they tune in with a diverse mix of live, on-demand, and curated programming across music, talk, news, and sports. For more about SiriusXM, please go to: www.siriusxm.com.

Source: SiriusXM

Investor contacts:
Jennifer DiGrazia
investor.relations@siriusxm.com 

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SOURCE Sirius XM Holdings Inc.

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Shutterstock Announces Capital Allocation Update

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NEW YORK, July 22, 2026 /PRNewswire/ — Shutterstock, Inc. (NYSE: SSTK) (the “Company”), a family of brands delivering scalable creative and GenAI solutions to help customers fuel great work, today announced that at a meeting held on July 20, 2026 its Board of Directors (the “Board”) resolved to suspend the Company’s future quarterly cash dividend.

The Board’s determination reflects its ongoing review of the Company’s capital-allocation priorities and its focus on deploying capital to support long-term value creation for shareholders, including reducing debt, minimizing related interest expense and strengthening financial flexibility.

The Board will continue to evaluate the Company’s capital allocation priorities as part of its regular governance process. Any future declaration and payment of dividends, and the amount thereof, will remain subject to the discretion of the Board and will depend upon the Company’s results of operations, financial condition, capital requirements, contractual restrictions, applicable law, and such other factors as the Board deems relevant.

Forward-Looking Statements

This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements may discuss intentions and expectations as to future plans, trends, events, results of operations or financial condition, or otherwise. Forward-looking statements speak only as of the date they are made and should not be relied upon as predictions of future events, as there can be no assurance that the events or circumstances reflected in these statements will occur. Forward-looking statements can often, but not always, be identified by the use of forward-looking terminology including “believes,” “could,” “expects,” “intends,” “may,” “might,” “ongoing,” “plans,” “seeks,” “should,” “will,”  or the negative of these words and phrases, other variations of these words and phrases or comparable terminology, but not all forward-looking statements include such identifying words. Forward-looking statements are based upon current plans, estimates and expectations that are subject to risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may differ materially from those indicated or anticipated by such forward-looking statements. The forward-looking statements in this press release relate to, among other things, the Company’s capital allocation strategy, the suspension of the Company’s quarterly cash dividend, the Company’s plans with respect to debt reduction, interest expense management and financial flexibility, and any future declaration and payment of dividends. For a discussion of factors that could cause actual results to differ materially from those contemplated by forward-looking statements, see the sections captioned “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, the Company’s Quarterly Reports on Form 10-Q, and the Company’s other filings with the Securities and Exchange Commission. While those factors are considered representative, no list of risk factors should be considered a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements. The Company assumes no obligation to update forward-looking statements, and the Company disclaims any such obligation, except as may be required by law.

About Shutterstock
Shutterstock is in the business of turning ideas into impact. Powered by a global network of millions of creators and our cutting-edge technology, we provide businesses, creatives, and brand leaders with the essential, universal ingredients to make their work more effective. Shutterstock offers access to one of the world’s largest and most diverse collections of high-quality licensable assets, specialized training datasets, evaluation tools, and end-to-end strategic partnerships for the full model training lifecycle, as well as advertising and distribution solutions, exclusive editorial content, and full-service studio production—delivering unparalleled resources to fuel great work.

Discover our impact at www.shutterstock.com and connect with us on LinkedIn, Instagram, X, Facebook and YouTube.

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SOURCE Shutterstock, Inc.

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ICI Welcomes Bipartisan Sponsors of Bill to Stop States from Seizing Long-Term Investors’ Savings

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WASHINGTON, July 22, 2026 /PRNewswire/ — The Investment Company Institute released the following Viewpoints blog. To learn more about why this issue matters and how the SAFER Act would help protect American investors, watch our video on LinkedIn.

Millions of American investors have adopted the advice given by financial advisors to invest for the long term and then leave those savings alone. In some states, however, following this guidance can get your account seized. That was the warning sounded at an event featuring the sponsors of the bipartisan SAFER Act, Representatives Sam Liccardo (D-CA) and Mike Lawler (R-NY), who joined ICI leaders to make the case for a federal solution to the problem of state unclaimed property laws that can treat buy-and-hold investors as though they have disappeared. 

ICI President and CEO Eric Pan opened the event by outlining the nature of this growing threat. More than 128 million Americans invest in regulated funds, many with the intention of holding them for years, following the advice of many financial educators to “stay in the market, invest for the long term.” They put their money away and go about their lives, confident that the savings will be there when they need it. But under some states’ laws, an account that shows no activity can be declared abandoned and taken into state custody through a process called escheatment.

Pan walked through what seizure means in practice. When a state escheats an investment account, it typically liquidates the holdings — so even an investor who eventually recovers the money gets back only what the account was worth at seizure, with no credit for years of market gains. For retirement accounts, the forced liquidation can also trigger unforeseen tax consequences. And recovering the money at all can take years of paperwork and persistence. Meanwhile, some states are moving in the wrong direction, loosening their rules to make it easier to capture assets. 

“This is where the leadership of Congressmen Lawler and Liccardo is so important,” Pan said. “They’ve introduced the SAFER Act, a federal solution to a problem that exists across the United States. This patchwork of different legal standards, and the fact that the legal standards change constantly, creates a lot of confusion and creates this risk and harm that we’re so worried about.” 

In a panel discussion, the two lawmakers described the issue as an obvious place for Democrats and Republicans to find common ground, given Americans’ widespread use of investment accounts for saving.

“We are, for the most part, a group of Americans who sit on our investments, which is more or less the right strategy,” Liccardo said, noting that this is exactly the approach that inactivity standards put at risk. 

Liccardo pointed to the widely reported case of Walter Schramm, an investor who bought Amazon shares in the late 1990s and then did what many long-term investors do: leave the account be. Delaware deemed the account abandoned and liquidated the shares in 2008, when they worth about $8,000. By the time Schramm discovered what happened years later, the position would have been worth roughly $100,000.

The financial incentives driving state behavior are a concern, Liccardo noted. Unclaimed property has become one of Delaware’s largest sources of revenue, bringing in more than half a billion dollars a year — a powerful reason for states to loosen their standards rather than tighten them. 

Lawler contrasted legitimate unclaimed property programs and what some states are doing now. “It’s one thing to get an asset because it’s truly abandoned,” he said. “It’s another to basically target a group of investors who have a long-term strategy of just not touching the asset and being passive.”

The right standard, Lawler argued, is the obvious one: before seizing investment assets, a state should have to prove the owner is actually deceased. He posited that most Americans would be shocked to learn how little protection they have. “You think you have ownership of this asset, but the state, under current law, can just take it.”

The SAFER Act would establish federal guardrails ensuring that inactivity alone cannot be the basis for escheatment and that states confirm the death of an owner and that no estate or beneficiary has claimed the assets before escheating investment accounts. It would also require states to leave unclaimed investments in place, rather than liquidating them, until they can prove abandonment.

Both lawmakers said the path to fixing the problem is through public awareness of the threat some state laws pose to Americans financial security. “Ultimately the American people will rise up,” Liccardo said. “It may take a little while. We just have to get the information to them.”

Contact: media@ici.org 

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SOURCE Investment Company Institute

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