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Enterprise File Sync and Share (EFSS): Less Than One Tenth of Today’s Stand-Alone EFSS Systems Will Still Exist in 2018
More than 140 different vendors are currently selling enterprise file sync and share services (EFSS) according to Gartner. The market can’t sustain that many vendors and products and will be forced to consolidate. Gartner selected the top 16 vendors from the field and included them in their recent Magic Quadrant report on EFSS.
The Gartner report found that because there are so many vendors active in this space that “market consolidation is ongoing. Small EFSS destination vendors will be acquired by larger IT vendors in adjacent markets and added to their core products as extensions. By 2018, less than 10% of today’s stand-alone EFSS offerings will exist.”
Whitney Bouck, Box SVP and general manager of enterprise, said that “this is a highly competitive and fast-growing market, as nearly every business in the world is looking for technology to power new ways of working to increase productivity and collaboration across their organization.”
Features which Gartner considered important for enterprise file sync and share products include:
- Mobility
- Security
- Administration and Management
- Back-end server integration, like with more fully featured ECM systems
- Content Manipulation
- Collaboration
- Simplicity and Usability
- Storage
Vineet Jain, CEO of EFSS business Egnyte, said that “it has become increasingly clear that value-added files services with a hybrid focus of security and innovation around user experience is the key to survive and win long-term.”
Gartner identified four leaders in the EFSS space: Citrix, Syncplicity, Box and Accellion.
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