Model9
Model9 Backup and Recovery for z/OS is mainframe data management software that provides backup, recovery, archive, space management, replication, data security, and regulatory compliance on premises and in the cloud.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor investor | €0.0 | round | |
* | N/A | Acquisition | |
| Total Funding | 000k | ||
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Model9 is a technology company that specializes in providing cloud-based solutions for mainframe data management. The company serves large enterprises, particularly those in the financial sector, that rely on mainframe systems for their critical operations. Model9 operates in the data management and cloud computing market, offering products that help businesses reduce costs, improve data analytics, and enhance data security.
The company's business model revolves around offering software-as-a-service (SaaS) solutions that enable clients to offload their mainframe data to the cloud. This includes services such as cloud backup, archive, disaster recovery, and space management. By using Model9's solutions, clients can eliminate the need for traditional tape and virtual tape storage, thereby cutting costs by up to 50% or more.
Model9 makes money through subscription fees for its SaaS offerings, as well as through consulting services that help clients implement and optimize their data management strategies. The company's solutions are designed to be easy to use, mitigating the risks associated with the shortage of mainframe skills in the market.
Keywords: mainframe, cloud storage, data management, cost reduction, analytics, SaaS, disaster recovery, multi-cloud, data security, financial sector.