NEW YORK, July 9, 2013 /PRNewswire-iReach/ -- Osterman Research, Inc. released its "File Synchronization and Sharing Market Forecast, 2012-2017,"and has projected the FSS market to hit $106 billion by 2017. The forecast concluded that while cloud-based solutions are popular in the FSS market due to low cost and robust functionality, they are lacking in enterprise-grade features and pose significant risk for organizations. AetherStore, a software-only, local-first approach to data storage, fills the vacancy left in the FSS market by cloud-only solutions.

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The risks imposed by current cloud-based storage solutions, as outlined by Osterman Research, include, "Minimal or no compliance and governance capabilities," and "Minimal IT control over content," among others. AetherStore mitigates these risks by giving users complete autonomy over where their data is stored, and offers military-grade AES-256 encryption so data is encrypted both at rest and in transit.

Chief Technology Officer Angus Macdonald explained, "AetherStore caches data locally to reduce the need for slow cloud requests, while allowing you to get all of the benefits of scalability and remote access that the cloud provides."

AetherStore, which is set to release a beta this summer, can tick boxes on a list of features that most cloud-only solutions cannot. In fact, of the list of recommended features for enterprise-grade FSS tools included in the 2012-2017 Forecast, AetherStore meets every single criteria. These recommended features include:

• "The ability for users to synchronize content as easily as they can with Dropbox or equivalent tools today.
• The ability for IT to easily deploy and manage the system…
• The ability to access content using a variety of devices, browsers and operating systems.
• Integration with LDAP or Active Directory, as well as provision of APIs that will enable integration with various on-premise and cloud-based systems in use.
• The ability to implement a variety of other capabilities, including tracking of all file versions, management of content according to granular corporate policies, ability to store deleted files…"

To summarize their recommendations Osterman Research stated, "Most of the FSS tools in use today are low-cost, cloud-based solutions that do not provide sufficient enterprise-grade features. While these tools most often work as advertised, they create serious risks for any organization. Organizations should, therefore, deploy enterprise-grade solutions that will mitigate the risks imposed by commonly-used FSS tools." AetherStore is geared specifically towards the enterprise, and appears to be among a minority of solutions offering the enterprise-grade features necessary to eliminate data storage-related risks for organizations.

About AetherStore:

AetherStore is a software-defined network drive that looks and acts just like a typical office H-drive, but there is no server. It combines available local storage space from workstation hard drives into a shared, distributed network drive.

Those interested in learning more about AetherStore can find more information at www.AetherStore.com and are encouraged to sign up for the Early Adopters program. Direct inquiries can also be sent via email to info@aetherstore.com.  

Media Contact: Shannon Cody, AetherStore, 2125181155, scody@aetherworks.com

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SOURCE AetherStore