|Media Contact:||Investor Relations Contact:|
|Michael J. Melnyk, CFA|
Company’s foray into Archive as a Service market offers trusted, cost-effective, scalable, and immutable data protection
TINTON FALLS, New Jersey – November 2, 2022 – Commvault, a global enterprise leader in data management across on-premises, cloud, and SaaS environments, today announced a new approach to data protection with the launch of Metallic® File & Object Archive, a Data Management as a Service (DMaaS) solution designed to lower storage costs, while cost-effectively transforming how organizations navigate the world of Governance, Risk, and Compliance (GRC).
Global and industry GRC-related regulations are constantly changing, creating gaps in an organization’s ability to manage data across live and backup sources, resulting in a lack of visibility and insights, data sprawl, and greater opportunities for data vulnerabilities. Coupled with major shortages in IT staff and strict budget constraints, organizations are struggling, using multiple solutions to meet compliance guidelines and keep their data protected.
“When you look at the sheer numbers and cost models for data compliance and protection over the long term, it’s clear that throwing more high-performance storage at the problem won’t make it go away,” said Johnny Yu, research manager at IDC. “Archiving needs to be considered not just for the inherent time and cost savings over the long term, but also as an air-gapped solution in an enterprise’s overall data resilience strategy.”
Announced at Commvault Connections 2022 and available next quarter, Metallic File & Object Archive directly addresses the need for deep insights into critical data with archive modeling delivered as SaaS with air gapped protection. It is a comprehensive solution for cost-effective data placement leveraging data insights, access controls, tagging, metadata search, audit trails, and reports to help manage compliance needs over a large amount of unstructured data. The result is a lower cost solution that helps reduce the risk of non-compliance.
“It’s widely important that our data is safe, and it’s safe through Metallic,” said Russell Gough, Senior Project Manager, Calyx, an innovative clinical trial, and regulatory solutions company that helps the bio-pharmaceutical industry bring much-needed treatments to patients faster. “The fact that we can tag the data enables us to get to our data quickly and to satisfy auditors quickly.”
With predictable cost modeling, actionable data insights, flexible bring your own storage options, and compliance-ready operations, Metallic File & Object Archive enables organizations to lower costs, meet compliance needs, and reduce management overhead with the simplicity of SaaS.
Metallic File & Object Archive will be discussed in more detail during the Connections session, “More Data, More Risk? Introducing Our Latest SaaS-Delivered Data Service.” Register here to listen in and attend the interactive experience.
To learn more about Metallic File & Object Archive and how it can help lower costs, reduce risks, and support an organization’s GRC strategy, please visit metallic.io/file-object-archive.
Commvault (NASDAQ: CVLT) is a global leader in data management. Our Intelligent Data Services help your organization do amazing things with your data by transforming how you protect, store, and use it. We provide a simple and unified Data Management Platform that spans all your data – regardless of where it lives (on-premises, hybrid, or multi-cloud) from legacy to modern workloads. Commvault solutions are available through any combination of software subscriptions, integrated appliances, partner-managed, or Software-as-a-Service via our Metallic portfolio. For over 25 years, more than 100,000 organizations have relied on Commvault to keep their data secure, assessable, and ready to drive business growth. Learn more at www.Commvault.com or follow us @Commvault.