Seagate Spins Off Storage Oriented-Services Company

Seagate has announced a comprehensive rebranding of its EVault, MetaLINCS, and Seagate Recovery Services companies, which were operating as a division of Seagate under the name Seagate Services.

Collectively these companies will now be formally known and unified as i365, A Seagate Company and focuses on the needs and expectations of small, mid-size and enterprise companies.

The value proposition of i365 is to offer a combination of innovative technology, trusted services and support, and choice in delivery, deployment and management of products and services with its customer base of more than 22,000 small, mid-sized and enterprise customers, and its eight global data centres..

In 2006, Seagate acquired ActionFront Data Recovery Labs, launching the creation of Seagate Recovery Services followed the next year by the purchase of EVault, which provides data backup and recovery software and software as a service (SaaS), the Open File Manager product line from St. Bernard Software, as well as MetaLINCS, which provides E-Discovery software, hosted and managed service solutions.

The product offerings from i365 include i365 EVault Data Protection, enabling the protection and recovery of businesses’ mission critical data; i365 MetaLINCS E-Discovery solutions for first pass processing, content analysis, and review of electronic information for investigatory and litigation needs; and i365 Retention Management solutions comprising data recovery, migration, restoration and data management that bridge the needs of E-Discovery and data preservation.

In 2007, i365, A Seagate Company grew year on year revenues by 39 percent, beating industry estimates from IDC, which predicted the 2007 growth for data protection and recovery software and online backup services at 12.6 percent and 38 percent respectively, and forecast the 2007-2011 five-year compound annual growth rate (CAGR) for the revenue of legal discovery and litigation support infrastructure market at 17.6 percent.