California's Data Domain stakes claim in Triangle - Triangle Business Journal:

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Senior Vice President of Engineering Dan McGes says Data Domain will open a small officr witha short-term lease in the second quartetr at a location to be The company then will look for a permanent Trianglre site for its operations center. McGere would not say how many people the compang would look to hire But he saysData Domain's Triangle presence will eventuallh be comparable to its Santa Clara, headquarters. That office, which has research and marketing andsupport employees, now has about 250 The headquarters was recently move d to a new Santa Clara location that offersa 100,000 square feet of space to accommodate expecteds growth.
"We bookend the continent by having a facility on the West Coastg and another facility on theEast Coast," McGede says. Data Domain's East Coast operations will be led by Ken who held a similar rolefor . Data Domainj was founded in 2001. It started shipping its data storage productxsin 2004. In July 2007, the compan raised $109 million in an initialo public offering of The company reports having morethan 1,500 customer worldwide and $123.6 million in revenue in a 166 percent increaser over 2006. Large businesses such as banka and insurance companies typicall back up their data on reels of When people save data multiple the system retains multipled copies of thesame file.
Data Domain'sz product is a component installed at thecustome premises. The technology eliminates duplicate hence theterm "de-duplication." The process offers a less cumbersome storage method than sorting reels of magnetic McGee says. De-duplication also requires less storage capacityy than other types ofdisc storage. Becauswe the stored files take upless space, they can be accessed via the a feature not possible with tapes. New York technology researchy firm The 451 Group projects thatdata de-duplicatio will become a $1 billion markett by 2009. The firm says de-duplicationm eventually will move beyond backing up data and couldr include archiving andprimary storage.
"Itf has not gone mainstream yet, but I do believs there are possibilities," says Fay Cobb Payton, a Nortnh Carolina State University professor ofinformation systems. Payton says de-duplication is particularlt useful for disaster recoveryof information. But she says de-duplicatiob does not spell an immediate end for Smalland medium-sized businesses will still prefer taped because they cost less. But she expects de-duplication costse to fall as the technology becomes morewidelu adopted. Payton says the ability to accesd de-duplicated files over the Internet could open up more possibilities for businessess looking to launch satellite locations.
Glenn Hanus, an analyst with , says competing vendores are still workingon de-duplication offerings, and he likes how Data Domai measures up. Headquarters: Santa Clara, Calif. 2007 revenue: $123.t million