EgnyteHeadquarters: Mountain View, Calif.What it offers: Egnyte Local Cloud, a hybrid file server service combining local and cloud storageHow much it costs: Pricing ranges from $9.99 to $49.99 monthly, plus an additional $4.99 to $19.99 monthly for optional local cloud storage, depending on number of users, services selected and payment term.
Why we're watching it: Egnyte initially caught our eye back in late 2008 for its cloud-based file storage service offering a new way to store and back up data, as well as share information. Egnyte has since upped the ante with the Local Cloud hybrid option. With this offering, users can tap into hosted files and store data when online and, when not connected to the 'Net, via a local cloud. When Internet connectivity is restored, the Egnyte Local Cloud synchronizes with the Egnyte Cloud File Server for seamless storage.
"What's interesting about Egnyte is that it embodies a lot of the ideals of the entrepreneurs and pundits around cloud – namely, that it should be pay per use, self-service, and simple to use with easy-to-understand payment," says Frank Gillett vice president and principal analyst at Forrester Research. "These are the attributes that makes it interesting. Egnyte has standardized and streamlined the whole process."
Egnyte should prove particularly appealing to individuals, workgroups or small companies. One such company is The Law Offices of Ronny Buni, a New York firm that uses Egnyte cloud storage to "release the burden of maintaining a large server and adequate tech support," says Ronny Buni, president.
Who heads the company? Co-founder Vineet Jain, who is CEO. Previously, Jain founded and built Valdero, a supply chain software solution provider since acquired by One Network Enterprises.
How the company got into cloud computing: Founders say they came up with the idea for Egntye when considering how to address a problem they faced in their previous work lives – easy but secure access to files from their familiar computing devices.
ElastraHeadquarters: San FranciscoWhat it offers: Elastra Enterprise Cloud Server (ECS), a software platform that automates the allocation and management of application and related resources in private and public cloudsHow much it costs: Metered, pay-per-use pricing; an edition of Elastra's Enterprise Cloud Server is available free to Amazon Web Services (AWS) users.