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Carbonite Launches Hybrid Backup Appliance for Small Firms

Zacks Equity Research

Carbonite, Inc. (CARB), a dominant provider of online backup and recovery solutions, broke ground in data protection for small businesses, by launching a hybrid backup solution called the Carbonite Appliance HT10.

The Carbonite Appliance provides centrally-managed local and cloud data backup to small business clients. It is a cost-effective, easy-to-install solution designed to protect a company’s data.

The appliance protects businesses against data loss and minimizes downtime by automatically copying all stored data to the cloud. The data is transferred using SSL encryption as protection against any unauthorized access. In case of any data loss, the company’s bare metal recovery quickly restores the full system, including operating systems, databases, applications and files for hardware.

Carbonite does not charge any hardware fee, upfront cost or per-server license fee, thus ensuring that its services remain within the budget of its targeted customer base.

With on-site data recovery and automatic cloud integration, the Appliance’s simplified features offer enterprise-grade protection to clients’ business-critical data at reasonable charges. With its latest product launch, Carbonite continues to demonstrate its commitment to the channel partners and client base by offering improved data protection and recovery solutions.

Last March, Carbonite signed an agreement with SYNNEX Corporation (SNX), a leading distributor of IT products and services. The agreement permits SYNNEX's CLOUDSolv group to distribute Carbonite's platform of affordable, secure and easy-to-use market-leading cloud backup solutions. Through this deal, Carbonite will be able to further expand its distribution network in the small and medium-sized businesses segment.

Carbonite currently sports a Zacks Rank #1 (Strong Buy). Other notable stocks in the computer services industry include Ebix Inc. (EBIX) and Innodata Inc. (INOD), each carrying a Zacks Rank #1.

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