Consolidation, like the recent Cohesity-Veritas deal, is expected in a dynamic industry that has rapidly moved from data protection to cyber resilience. We too have complemented our bold and disruptive product roadmap with a few key acquisitions – with one significant difference.
We have a well-defined strategy that includes detailed integration planning and prioritizes our customer needs. So, while Cohesity and Veritas try to make sense of a complex deal and rationalize overlapping portfolios, we are focused on you, our customers.
Our acquisition strategy is all about enhancing our Commvault Cloud cyber resilience platform with cutting-edge capabilities that give you immediate value and solve for future use cases. Case in point, bolstered by our Appranix acquisition in April, our new and unique Cloud Rewind offering helps customers quickly restore their cloud applications and data environments to where they were before a cyberattack or breach. This can mean the difference between a minor disruption and a major crisis. Cloud Rewind is already a key part of our platform and customers are seeing the benefits.
Additionally, by bringing Clumio into the Commvault family, we are revolutionizing recovery for next gen cloud-native stacks – like large and growing GenAI environments with billions of objects in a massive Amazon S3 bucket. Recovery at this scope and scale is truly game-changing, and we just announced Clumio Backtrack to make this easier for customers.
You see, when it comes to M&A, the big questions we ask ourselves are: will this benefit the customer versus forcing them to make unnatural choices? Does the integration complement our platform? And will this help our customers be more resilient?
We are pushing the boundaries of what’s possible – bringing in the best and brightest minds, planning to invest in R&D, and where it makes sense, making acquisitions to give you cutting-edge, cloud-first technologies.
Commvault is here to help you keep your business continuous.
