Symantec today announced that it has been positioned by Gartner, in the leaders quadrant in the 2008 Magic Quadrant for Email Active Archiving. 1 Symantec's intelligent archiving platform, Enterprise Vault, stores, manages, and enables discovery of corporate data from email systems, filer server environments, instant messaging platforms, and content management and collaboration systems.
"Leaders have the highest combined measures of an ability to execute and a completeness of vision," according to the Gartner report authored by Carolyn DiCenzo and Kenneth Chin. "They have the most-comprehensive and most-scalable products. They have a proven track record of financial performance and established market presence. In terms of vision, they are perceived as thought leaders, with well-articulated plans for ease of use, how to address scalability and product breadth"
"In my opinion, Symantec is in the leaders quadrant and remains the only market leader because of our ability to execute and meet the present customer demands around managing email and unstructured information effectively, so discovery is quick and complete," said Patrick Evans, regional director for Africa, Symantec. "Additionally, our customers rely on Symantec with confidence in our ability to look forward to how we'll be able to meet their next archiving need in a market that is growing so fast."
Gartner has reported that the email archiving software market grew 33% in 2007 to reach $376 million and are forecasting a compound annual growth rate of nearly 36% until it reaches $1.72 billion by 2012. 2
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