Leading Industry Research Firm Evaluates Market Leadership Position
PRINCETON, N.J.--Princeton Softech, the market leader in enterprise data management, today confirmed its lead position with a 46 percent share of the database archiving space based on total customers for 2005. This news is based on a Gartner Research Report, titled “Archiving Software Market to Experience Strong Growth Through 2010,” (Sept. 1, 2006) authored by Carolyn DiCenzo, Research VP at Gartner.
Database archiving is consistently recognized as a best practice for managing data growth to improve service levels, while storing archives securely and cost-effectively throughout the data lifecycle. Princeton Softech Optim™, with its comprehensive archiving and full-lifecycle data management capabilities, delivers business value to almost half of the Fortune 500 companies worldwide.
“As only one of Princeton Softech’s technology offerings, database archiving is essential for managing enterprise application data. The Gartner Research Report validates our experience that more companies are adopting database archiving as a best practice, and this trend continues to contribute to our strong business growth,” said Paul Winn, chairman, CEO & president of Princeton Softech. “As we continue to enhance and expand our technology and focus on enterprise data management solutions that deliver business value to our growing global client base, Princeton Softech will continue to lead in our target markets.”
Enterprise applications empower new business initiatives, support daily operations and drive revenue generation. Princeton Softech has been consistently evolving and expanding its enterprise data management, since 1989, which explains the company’s market leading expertise. More companies are realizing the benefits of implementing full-lifecycle enterprise data management that includes database archiving and test data management capabilities to control data growth, improve application performance, address data privacy compliance, improve storage management, optimize application portfolios and streamline upgrades and migrations.
Princeton Softech Optim provides a consistent methodology that scales to meet each organization’s expanding and changing requirements. Companies can improve the way they manage application data to improve service levels, mitigate risk and control costs. Additionally, Princeton Softech is the only vendor to deliver best-of-breed integrated enterprise data management capabilities for PeopleSoft® Enterprise, Oracle® E-Business Suite, JD Edwards® EnterpriseOne, Siebel®, Amdocs® CRM and custom applications. Princeton Softech’s growing, worldwide client base validates that more companies are implementing Optim capabilities to achieve their business objectives and to gain a greater return on their application investment.
About Princeton Softech
Princeton Softech (www.princetonsoftech.com) provides enterprise solutions that align application data management with business objectives. Our industry leading Optim™ solution enables organizations to optimize performance, mitigate risks and control costs. Partnered with the market leaders in business technology, we deliver capabilities that scale and support your enterprise applications, databases and platforms. More than 2,200 companies worldwide – including nearly half of the Fortune 500 – rely on Princeton Softech’s proven solutions to maximize the business value of their enterprise applications and databases.
