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The backup and recovery (B/R)/data protection market is undergoing fundamental transformation as IT organizations adopt virtual computing and endpoint computing (BYOD) and shift much of their data protection strategy to the cloud (see Data Protection 2015-2015: A Fundamental Strategic Transformation, IDC #253906, January 2015). Further:
- Traditionally, "pure-play" backup and recovery vendors, such as CommVault, must rapidly adapt to this shift not only to retain customer relevance but also to drive growth and leadership in these emerging market segments.
- We believe that CommVault has correctly identified many of these issues and has articulated a viable vision and plan for meeting the changing needs of its customers.
IN THIS INSIGHT
This IDC Insight examines key initiatives recently detailed by CommVault management as the company begins its fiscal year 2016 on April 1, 2015. We highlight those technology focus areas, market segments, and product announcements that we feel are most impactful with their implications for both current and prospective customers.
Historically, CommVault has evolved from an AT&T spin-off in the mid-1990s to a public company, with $583 million revenue in FY14. It has arguably been one of the leading B/R software vendors for the past decade or so, though it competes with much larger organizations (e.g., EMC, IBM, HP, Symantec).