BOSTON--(BUSINESS WIRE)--GRAX, the leading SaaS Data Value Platform, today announced it has been named “Overall Data Tech Innovation of the Year” by the 2021 Data Breakthrough Awards. The award recognizes both the importance and uniqueness of GRAX’s solution for protecting and maximizing the value of historical cloud application data.
According to Gartner, 70% of organizations will have suffered a business disruption due to unrecoverable data loss in a SaaS application by 2022. With most businesses using SaaS applications for critical decisions and actions, the need for reliable SaaS data backup solutions is evident, especially considering that many SaaS vendors don’t truly back up their customers’ data. However, the value of SaaS backup data grows exponentially when it is used as more than just an insurance policy and becomes an organization-wide strategic asset.
“SaaS, or cloud-based, applications like Salesforce have revolutionized the way companies do business. The data produced in these apps can provide ground-breaking insights. Our GRAX Data Value Platform makes it easy to capture, access and use that data outside of the SaaS app to impact everything from operations to the bottom line,” said Joe Gaska, GRAX’s Founder and Chief Executive Officer. “Winning Data Breakthrough’s Overall Tech Innovation of the Year award is not only a great honor. It validates what GRAX customers experience every day: that backing up business-critical SaaS app data at high-fidelity is the first step to leveraging it to spur unprecedented growth.”
GRAX is the only SaaS data backup, archive and recovery solution that helps enterprises maximize the value of their historical cloud application data. Whereas traditional vendors capture an organization’s data and lease access back to them, GRAX uniquely allows businesses to take full ownership and control of their SaaS data by replicating it directly into their own AWS, GCP or Azure data lake, where it can be tapped for downstream consumption. The most iconic companies in the world use GRAX to unleash the power of their historical application data for business continuity, regulatory compliance, strategic advantage, customer retention and revenue growth.
The Data Breakthrough Awards recognize the world’s top data technology innovators, leaders and visionaries in a range of categories, including Data Analytics, Big Data, Business Intelligence, and Data Storage. The 2021 awards program attracted more than 1,700 nominations.
To learn more about GRAX’s platform, click here.
GRAX helps organizations adapt faster by letting them get more strategic value out of their historical cloud application data. Customers can fully capture, own and access all of their historical SaaS application data anywhere, anytime, by simply backing it up or archiving it to their own cloud environment. GRAX’s SaaS data backup, archive and recovery functionality delivers up to 4X higher ROI than leading competitors, helping organizations improve business continuity, regulatory compliance, strategic advantage, customer retention and revenue growth. GRAX is a remote-first organization, founded and led by multiple Salesforce veterans and backed by Volition Capital. Learn more at www.grax.com.