Global Leader in Secure Electronic Financial Transactions Processing Manages Data Growth with Actifio’s Copy Data Storage
WALTHAM, Mass.--(BUSINESS WIRE)--May 21, 2013--
Actifio(TM), the radically simple copy data management company, today announced that its Copy Data Storage platform has been successfully implemented by Euronet Worldwide, Inc., a global provider of secure electronic payment solutions for financial institutions, retailers, service providers and individual consumers. Actifio copy data storage reduced Euronet’s backup times from eight hours to just under three hours, delivering over 50% faster backup and recovery efficiency. This enabled Euronet to deliver faster, more efficient services and recovery options because they can reproduce replicated data sets far more quickly than ever before.
Founded in 1994, Euronet is a leading electronic payments provider processing transactions across three core business segments: Electronic Financial Transactions (EFT), Prepaid (epay) and Money Transfer. With data growth of more than 25% in its Corporate and U.S. epay divisions, Euronet required a new solution to find, access, store and manage large volumes of confidential, mission-critical data around the clock on a daily basis.
epay American’s Infrastructure Manager, Ken Wilkey, discovered the Actifio copy data storage platform and was immediately impressed with its ease-of-use, speed and versatility. “Implementing Actifio copy data storage was a true game changer for Euronet,” said Wilkey. “We have a tremendous amount of mission-critical financial and prepaid transaction data, processed in our two data centers in the U.S. We implemented Actifio’s solution to backup those infrastructures as well as provide local data protection. In doing so, we replaced existing solutions with the Actifio platform and realized immediate cost and time savings.”
Wilkey found that Actifio copy data storage could recover data and provide services faster and more efficiently when outages occur — which is a key factor for a transaction processing business like Euronet.
Actifio is radically simple copy data storage. By virtualizing the storage and management of data, Actifio can replace any or all of the siloed data protection and availability storage applications a company might be using, with a single system that’s purpose-built to manage copy data. Actifio creates a single, perfect copy of production data and maintains changes to that master copy in a way that gives users a simple application running in a single window to recover anything, from any time, instantly. Doing so delivers recovery times in minutes instead of hours, even for large scale application data sets, while slashing total cost of ownership by as much as 90 percent versus the traditional model.
“Large, multi-national organizations such as Euronet Worldwide need faster, more reliable data storage solutions to keep their businesses running as competitively as possible,” said Ash Ashutosh, Actifio founder and CEO. “We are thrilled that Euronet continues to grow and thrive while delivering stellar customer service on a 24/7 basis — and even happier that our copy data storage plays a key role in their ongoing success.”