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Best Enterprise Managed File Transfer vendors

A review of the current MFT vendor landscape

There’s a lot of out of date or inaccurate comparisons of enterprise Managed File Transfer (MFT) vendors online. This makes it difficult for businesses to research MFT vendors and select the right solution for their requirements. In a recent blog post, for example, we explained how far out of date the ten-year-old Garter MFT Vendors Magic Quadrant was.

This blog post gives an impartial overview of current enterprise Managed File Transfer vendors. But firstly, why should you listen to us? Having dealt solely with MFT for over 15 years we have a lot of experience. In fact we’re often asked to assist vendors with product research and development. We are also providers and developers of the only vendor-independent training programme: The Certified File Transfer Professional (CFTP).

The fragmentation of MFT

Managed File Transfer (MFT) is a technology that provides the secure transfer of data in an efficient and reliable manner. Unlike traditional file transfer tools, such as FTP and scripting, MFT core functionalities include the ability to secure files in transit and rest, and reporting and auditing of file activity. What also differentiates MFT from other forms of infrastructure and integration technologies is its unique focus on managing the transfer of large file sizes and volumes.”
Gartner IT Glossary

Over the last decade, file transfer solutions have fragmented into the following categories:

  • Electronic File Sync and Share, or EFSS: This allows document collaboration and secure sharing of files between people;
  • ‘Extreme’ or fast file transfer: Very large files and data sets can be transferred quickly and securely, using a combination of UDP and TCP protocols;
  • Managed File Transfer (MFT): Primarily chosen for its automation capabilities, frequently coupled with a server and proxy.

The extension of Managed File Transfer

In recent years MFT vendors have extended the reach of their products to include an increasing number of end-points and integration options. This includes:

  • Cloud connectivity, both for storage and SaaS applications;
  • Some data transformation capabilities;
  • Extended SOAP and REST APIs.

These developments have propelled MFT to become the file delivery hub of a business and an alternative option for businesses considering an iPaaS solution. It combines on-premise with external connectivity to create hybrid business processes with governance and visibility.

Of course, different MFT vendors are at different points on this journey. If you would like to find out more, please get in contact and we can provide advice. We can also advise you on previous development release schedules and other factors that will ensure you back a Managed File Transfer vendor that will meet your future needs too.

Ultimately there is no ‘best Managed File Transfer vendor’, just the best one for your individual requirements.

Our top four enterprise Managed File Transfer vendors

In alphabetical order, our top four MFT vendors are as follows. This is based on functionality, ongoing development, release schedule, roadmap and vendor support.

 

Coviant Diplomat

Coviant Diplomat MFT is benefiting from a new lease of life under Greg Hoffer, the recently appointed CEO. The product is considered by the analysts as the value player in the market, strong on enterprise integration, cross platform and with an increasing number of application and cloud integration points. The company was formed in 2004 and according to LinkedIn has 11-50 employees. Coviant is based in San Antonio, Texas, USA.

Globalscape EFT

Globalscape have recently refocused all their efforts on EFT Server. A strong automation platform for Windows, 2020 will see the release of additional GDPR compliance capabilities and automation options. Globalscape was formed in 1996 and has 51-200 employees according to LinkedIn. The CEO is Robert Alpert, it is listed on the NYSE and the organisation is based in San Antonio, Texas, USA.

HelpSystems GoAnywhere MFT

GoAnywhere MFT is a cross plaform application, strong on cloud connectivity, with multiple out of the box connectors available. They bring out a major new release each year. Linoma, developers of GoAnywhere, were acquired by HelpSystems in 2016, who were formed in 1982 and has 501-1000 employees according to LinkedIn. The recently promoted CEO is Kate Bolseth and the organisation is based in Minneapolis, Minnesota, USA.

Ipswitch MOVEit

Ipswitch was acquired by Progress in 2019 for +$200m. Ipswitch acquired Messageway in 2010 to add integration and EDI to their portfolio, which now includes three separate file transfer product lines. Ipswitch was formed in 1991 and has 201-500 employees. The CEO is Michael Grossi and the organisation is based in Burlington, Massachusetts, USA.

Enterprise Managed File Transfer vendor landscape

Vendor Product Formed No. of employees CEO Head Office
managed file transfer vendors Diplomat MFT 2004 11-50 Greg Hoffer Wellesley, Massachusetts, USA
managed file transfer vendors EFT 1996 51-200 Robert Alpert San Antonio, Texas, USA
GoAnywhere 1982 501-1000 Kate Bolseth Minneapolis, Minnesota, USA
managed file transfer vendors MOVEit 1991 201-500 Michael Grossi Burlington, Massachusetts, USA
Vendor Product Formed No. of employees CEO Head Office
managed file transfer vendors Harmony 1976 201-500 Mahesh Rajasekharan Rockford, Illinois, USA
managed file transfer vendors Cornerstone 2000 11-50 Micheal J Ryan Annapolis, Maryland, USA
managed file transfer vendors Secure Transport 1996 1001 - 2500 Patrick Donovan Puteaux, France
managed file transfer vendors Oracle MFT 1977 10001+ Safra Catz Redwood City, California, USA
Vendor Product Formed No. of employees CEO Head Office
managed file transfer vendors JSCAPE MFT 1999 11-50 Van Glass Miami, Florida, USA
managed file transfer vendors Business Integration Suite MFT 1987 501-1000 Bernd Seeburger Bretten, Germany
managed file transfer vendors Serv-U 1996 1001 - 5000 Kevin B. Thompson Austin, Texas,USA
managed file transfer vendors Attunity MFT 1977 201-500 Shimon Alon Burlington, Massachusetts, USA

NEXT STEPS

MFT solutions have very similar features and capabilities, with vendors competing with one another to stay competitive. This makes it more difficult to work out which solution is best for your requirements as product datasheets largely say the same thing. Determining which solution is best is achieved by knowing not what they do but how they do it, the level of detail and complexity, and how they are delivered.

The easiest way for you to identify the right solution for your business is a discovery call with our MFT experts. They will chat with you to fully understand your existing requirements, ensure that you’ve considered what your future needs might be and give you various options in selecting your solution. Call us on 0333 123 1240.

Alternative, use our free comparison tool, which asks the right questions. You enter your requirements, giving as much detail as you can, and our experts will recommend the right solution for your current and future needs and budget. It’s completely free and there’s no obligation to buy through us.