TMR’s EFSS Forecast – Cloudy with a Chance of Growth!

Posted by ownCloud GmbH – 15. December 2016

Transparency Market Research has published its forecast of the EFSS market as far as 2024. According to TMR:

Rising need for digitalization of business processes and file sharing solutions in enterprises is expected to drive the enterprise file sharing and synchronization market. Also, with the rise in bring your own device (BYOD), employees choose to access work data on multiple devices such as smartphones and tablets to get the data independent of location. This has bolstered the growth of enterprise file sharing and synchronization market. However, lack of scalability and interoperability issues are restraining the market growth. Also, high initial investment cost and lack of awareness regarding the benefits of enterprise file sharing and synchronization solutions is obstructing the market growth. Increasing privacy and security concerns and significant shift of organizations from traditional file sharing techniques to enterprise file sharing and synchronization market is expected to generate new opportunities for the participants in enterprise file sharing and synchronization market.Enterprise File Sharing and Synchronization Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024

This is such a promising prediction for the future of our market, but there are a few draw backs in this statement that I would like to address head on that do not apply to ownCloud.

“Lack of scalability and interoperability issues are retraining the market growth”? Not with ownCloud! ownCloud provides our users the speed, flexibility and scalability of a public cloud provider, as well as simple file access from any device. ownCloud installs easily on a web server, enabling organizations to host their own file sync and share, using their own storage (or cloud storage they choose), and protected by all the investments they’ve already made in security, management, tracking, governance and more.

As for “lack of awareness regarding the benefits of enterprise file sharing and synchronization,” this is definitely an issue with many who are looking into obtaining an enterprise level sharing solution. ownCloud helps to make the benefits clear on our site by providing a chart differentiating the difference between our free Community Edition and our subscription based Enterprise Edition. In addition we host monthly webinars that highlight different features and capabilities we offer with our Enterprise Edition, as well as quarterly training sessions to help users (both community and enterprise) get the most out of their ownCloud implementation.

Lastly, I’d like to focus on “the increasing security and privacy concerns and significant shift of organizations from traditional file sharing techniques to enterprise file sharing and synchronization market.” The great thing about ownCloud is that, because it is installed on your private servers, it fully integrates with your compliance and regulation standards, and for our healthcare customers, that means ownCloud is completely HIPAA compliant. And to add an extra layer of security IT can control the level of security on specific files and/or folders to give certain access capability to employees. And in regards to shifting from traditional file sharing—ownCloud integrates with external storage solutions, including public clouds, i.e. Dropbox, Box, and OneDrive, so you can leave your data where it is to make your life easier.

TMR’s report just further proves that you have come to the right place when you use ownCloud!