Waltham start-up Actifio releases the latest version of its data storage product on Monday as the upstart tries to infiltrate a massive technology marketplace long dominated by the likes of Hopkinton giant EMC Corp.
The release is the most significant upgrade yet for the five-year-old Actifio and its product that promises to vastly reduce the time and expense associated with traditional backup storage systems.
While the storage sector is full of determined start-ups that have proclaimed they will disrupt that business that also includes Seagate Technologies LLC, IBM, Hewlett-Packard Development Co., and Symantec Corp., Actifio may be the start-up with a real shot.
“They are trying to replace some of the most entrenched vendors in the industry,” said Dave Simpson, an industry analyst with 451 Research. Full story for BostonGlobe.com subscribers.
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