Tinton Falls, N.J. – January 7, 2025 – Commvault (NASDAQ: CVLT) – Commvault will webcast a discussion of its third quarter fiscal year 2025 earnings results on Tuesday, January 28, 2025 beginning at 8:30 a.m. EST at http://ir.commvault.com.

Investors can access the live webcast by visiting http://ir.commvault.com. Investors may also access the call by dialing Toll Free: (800) 715-9871 or International: (646) 307-1963 and referencing Event ID 7183844. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time. A replay of the webcast will also be available at http://ir.commvault.com.

About Commvault
Commvault (NASDAQ: CVLT) is the gold standard in cyber resilience, helping more than 100,000 organizations keep data safe and businesses resilient and moving forward. Today, Commvault offers the only cyber resilience platform that combines the best data security and rapid recovery at enterprise scale across any workload, anywhere—at the lowest TCO.

TINTON FALLS, NJ – November 26, 2024 – Commvault, a leading provider of cyber resilience and data protection solutions for the hybrid cloud, today announced Clumio Backtrack, a new capability that will enable enterprises to use automation to rapidly revert objects – or pieces of data – stored in Amazon Simple Storage Service (Amazon S3) to a specific version at a specific point and time. This makes it quick and easy for cloud operations, IT, and security teams to recover data from errors, accidents, or cyberattacks, almost as if they were able to turn back the clock to the last known good state. But, the capability goes well beyond that in terms of scale.

Leveraging Amazon S3 Versioning, Backtrack will uniquely empower organizations to recover datasets of practically any size, from individual objects to whole Amazon S3 buckets where billions of objects may be stored.

At-Scale, Automated Object Recovery in Amazon S3

The magnitude of this innovation becomes clear when a large-scale recovery is considered. Today, teams can use powerful Amazon S3 Versioning capabilities to recover specific objects with ease. So, if a piece of data in Amazon S3 is lost, deleted, or altered, users can easily go back in time and revert to a good copy of that data. Commvault’s technology is taking that premise to a new level of scale.

Via a serverless architecture that allows it to scale dynamically, Backtrack can revert billions of objects to earlier versions, radically changing how quickly and easily large-scale datasets can be rolled back – even seconds after an issue comes to light.

There are so many instances where the ability to rapidly revert billions of objects to a point in time would be very useful: maybe before someone mistakenly deleted the data; or before an application started sending incorrect or corrupt data; or before a cybercriminal encrypted the objects and demanded a ransom.

Object Storage Services: Critical for Storing Massive Datasets

The cloud artificial intelligence (AI) market is projected to grow to over $647 billion by 2030¹ and with the intense data generation from AI and machine learning (ML) as a huge catalyst for data growth in the cloud², more and more organizations are turning to object storage services like Amazon S3 that can handle both the data volume and complexity of modern AI workloads.

“With the increasing complexity of enterprise data environments, businesses need fast, scalable, and secure data recovery solutions for the cloud-first world,” said Woon Jung, CTO – Cloud Native, Commvault. “We’re thrilled to offer a level of granularity and point-in-time options for object recovery that spans billions of objects and can help customers drive even greater benefits from their cloud investments.”

“At Presidio, we understand the critical need for agility and resilience in today’s cloud world. As Commvault continues to push the boundaries of cyber resilience and cloud innovation, we’re thrilled to extend our collaboration to deliver true resilience and operational continuity to large-scale AWS environments,” said Raphael Meyerowitz, Partner Go to Market VP, Presidio. “Commvault’s new Clumio Backtrack empowers enterprises to safeguard their critical data with rapid recovery capabilities for complex, large-scale challenges.” 

Over the last year, Commvault has made significant strides in supporting cloud-first customers, with its recent acquisition of Clumio and availability of Commvault Cloud offerings, including Cloud Rewind™, Air Gap Protect, and Cleanroom™ Recovery across multiple clouds. The launch of this solution further extends Commvault’s expertise in cyber resilience to deliver enhanced recovery capabilities for enterprises worldwide.

Availability and Pricing

Commvault will offer early access to Clumio Backtrack in December, with global general availability planned for early 2025.

See it in Action

Commvault will be demonstrating this new solution at AWS re:Invent 2024 from December 2-6, 2024 in Las Vegas. Attendees are invited to visit Commvault’s booth #722 and its Clumio booth #513 for live demonstrations and discussions on how this solution can transform their resilience strategies. To schedule a demo or learn more about Clumio Backtrack, click here.

About Commvault
Commvault (NASDAQ: CVLT) is the gold standard in cyber resilience, helping more than 100,000 organizations keep data safe and businesses resilient and moving forward. Today, Commvault offers the only cyber resilience platform that combines the best data security and rapid recovery at enterprise scale across any workload, anywhere—at the lowest TCO.

¹ Grand View Research. (2023). Cloud AI Market Size, Share & Trends Analysis Report By Technology (Machine Learning, NLP), By Type (Solution, Services), By Vertical (Government, IT & Telecommunication), By Region (Asia Pacific, North America), And Segment Forecasts, 2023 – 2030. https://www.grandviewresearch.com/industry-analysis/cloud-ai-market-report

² Fortune Business Insights. (2024). Cloud AI Market Size, Share & Trends Analysis Report By Technology (Machine Learning, NLP), By Type (Solution, Services), By Vertical (Government, IT & Telecommunication), By Region (Asia Pacific, North America), And Segment Forecasts, 2023 – 2030. https://www.fortunebusinessinsights.com/machine-learning-market-102226 

TINTON FALLS, NJ – November 25, 2024 – Commvault, a leading provider of cyber resilience and data protection solutions for the hybrid cloud, today announced its position as a Leader with the top score in the current offering category in The Forrester Wave™: Data Resilience Solutions, Q4 2024. The Forrester Wave is a guide for buyers considering their purchasing options in a technology marketplace, with evaluation highlighting Leaders, Strong Performers, and Contenders. 

In this report, Commvault received the highest possible scores in 13 criteria within the current offering category, including hyperscale cloud/IaaS, regulatory and compliance features, directly supported SaaS platforms, protection for generative AI models/data, and recovery to alternate infrastructure. Forrester also cited Commvault’s revamped core platform, Commvault Cloud, powered by Metallic AI, and added capabilities from acquisitions like TrapX and Appranix, forming Threatwise and Cloud Rewind features respectively.  

Along with these offerings, the full Commvault Cloud platform of data protection, security, recovery, and rebuild solutions for on-prem, hybrid cloud, and SaaS environments help customers maintain and strengthen their cyber resilience in the face of ever-growing cyber threats. The breadth of coverage is a key differentiator for the company, with the Forrester report noting, “Commvault has the most comprehensive supported workload list of all the vendors in this evaluation.” In addition, “reference customers noted the breadth of Commvault’s workload coverage and commented on the superior reliability of the product.” 

“Commvault is committed to delivering industry-leading cloud-first cyber resilience solutions that help our customers anticipate, mitigate, and recover from cyberattacks,” said Rajiv Kottomtharayil, Chief Product Officer, Commvault. “This is where our strength lies, and we believe the industry agrees. We have been recognized as a leader in this Forrester Wave, as well as the 2024 Gartner® Magic Quadrant™ for Enterprise Backup and Recovery Software Solutions and the GigaOm Sonar Report for Cloud-Native Data Protection.”

In addition to citing Commvault’s workload support, Forrester also noted Commvault’s “commitment to innovation through R&D and acquisition as well as a well-developed partner ecosystem of channel, technology, go-to-market and infrastructure partners.” According to the report, “Commvault is a great fit for customers looking to protect large complex IT environments across on-premises, cloud, and SaaS.” 

Discover why we believe Commvault is trusted to secure and protect IT infrastructures worldwide. Read the full report here. 

About Commvault 

Commvault (NASDAQ: CVLT) is the gold standard in cyber resilience, helping more than 100,000 organizations keep data safe and businesses resilient and moving forward. Today, Commvault offers the only cyber resilience platform that combines the best data security and rapid recovery at enterprise scale across any workload, anywhere—at the lowest TCO. 

TINTON FALLS, NJ – November 20, 2024 – Commvault, a leading provider of cyber resilience and data protection solutions for the hybrid cloud, is thrilled to unveil its presence at AWS re:Invent, running December 2-6. Following Commvault’s recent acquisition of AWS data protection company Clumio, there will be two booths at this year’s show (Commvault: #722 and Clumio, a Commvault Company: #513). Executives from Commvault and the newly acquired Clumio will also be hosting speaking sessions to unveil the latest innovations and best practices in cyber resilience.

Here are some of the key Commvault activities that will be happening during the week:

Wed, Dec 4 at 1:00 pm PST | Venetian Expo Hall B Theater 1 – STG102-S “Data resilience at scale with Amazon S3 Versioning & Clumio”

As more and more enterprises are relying on Amazon S3 storage for cloud-native applications, including massive AI and ML datasets, building application resilience at the data layer has never been more critical. Listen in as Commvault discusses the challenges associated with managing and recovering massive volumes of Amazon S3 objects across workloads, buckets, prefixes, and versions. And, get a front row seat as former Clumio co-founder and current Commvault CTO – Cloud Native, Woon Jung, unveils “must-see” announcements tied to Amazon S3 that attendees won’t want to miss. Click here to learn more.

Thurs, Dec 5 at 12:30 pm PST | MGM Grand, Level 3, Chairmans 366 – SEC225-S “Best practices for cyber readiness, recovery, and rebuild”

Enterprises may not be able to avoid a cyberattack, but they can be prepared to recover quickly when it happens. Join Commvault’s product management team as they share the critical steps for protecting, recovering, and rebuilding cloud-native workloads on AWS. Plus, walk away with an actionable plan focused on automated testing, streamlined discovery, and accelerated rebuild capabilities. Click here to learn more.

Tues, Dec 3 – Thurs, Dec 5 | Commvault Booth #722

From readiness and recovery to rebuilding and rewinding, Commvault enables AWS customers to fortify their cyber resilience strategies with unique solutions like Cleanroom™ Recovery, Air Gap Protect, and Cloud Rewind™. At Booth #722, show attendees will experience life in the Commvault Cleanroom environment – a place for testing, forensic analysis, and keeping data safe.

Tues, Dec 3 – Thurs, Dec 5 | Clumio, a Commvault Company, Booth #513

Turning back time is the name of the game at Booth #513, where show attendees will get to experience Commvault’s newest solutions for cloud-native resilience, accelerating the recovery and rebuild of mission critical cloud apps and AI workloads in AWS. These new offerings provide serverless protection of AWS services for greater efficiency and effortless scalability.

More Details

So, here’s what’s in store – engaging demos, brand-new solutions, and cool prizes await at Commvault Booth #722 and Clumio, a Commvault Company, Booth #513. Commvault and former Clumio senior leadership will also be in attendance, so book a meeting now and hold on tight for AWS re:Invent 2024.

About Commvault

Commvault (NASDAQ: CVLT) is the gold standard in cyber resilience, helping more than 100,000 organizations keep data safe and businesses resilient and moving forward. Today, Commvault offers the only cyber resilience platform that combines the best data security and rapid recovery at enterprise scale across any workload, anywhere—at the lowest TCO.

(Download Financial Tables)

Tinton Falls, N.J. – October 29, 2024 – Commvault [Nasdaq: CVLT] today announced its financial results for the fiscal second quarter ended September 30, 2024. 

“Keeping customers resilient and their businesses continuous has never been more critical than it is today,” said Sanjay Mirchandani, President and CEO. “Our strong execution and increasing demand for our innovative Commvault Cloud platform has not only resulted in our fourth consecutive quarter of double-digit revenue growth, but it has given us the confidence to once again raise our outlook for the full fiscal year.”

Fiscal 2025 Second Quarter Highlights –

• Total revenues were $233.3 million, up 16% year over year
• Total annualized recurring revenue (ARR)¹ grew to $853 million, up 20% year over year
• Subscription revenue was $134.0 million, up 37% year over year
• Subscription ARR¹ grew to $687 million, up 30% year over year
• Income from operations (EBIT) was $15.0 million, an operating margin of 6.4%
• Non-GAAP EBIT² was $47.7 million, an operating margin of 20.5%
• Operating cash flow was $55.6 million, with free cash flow² of $53.7 million
• Second quarter share repurchases were $51.9 million, or approximately 363,000 shares of common stock

Financial Outlook for Third Quarter and Full Year Fiscal 2025³ –

We are providing the following guidance for the third quarter of fiscal year 2025:

• Total revenues are expected to be between $243 million and $247 million
• Subscription revenue is expected to be between $143 million and $147 million
• Non-GAAP operating margin² is expected to be between 20% and 21%

We are providing the following updated guidance for the full fiscal year 2025:

• Total revenues are expected to be between $952 million and $957 million
• Total ARR¹ is expected to grow 18% year over year
• Subscription revenue is expected to be between $552 million and $557 million
• Subscription ARR¹ is expected to grow between 26% and 28% year over year
• Non-GAAP operating margin² is expected to be between 20% and 21%
• Free cash flow² is expected to be at least $200 million

The above statements are based on the incorporation of actual second quarter results, current targets and the acquisition of Clumio, Inc. which closed on October 1, 2024. These statements are forward looking and made pursuant to the safe harbor provisions discussed in detail below. We do not undertake any obligation to update these forward-looking statements. Actual results may differ materially from anticipated results.

(Download Financial Tables)

Use of Non-GAAP Financial Measures

Commvault has provided in this press release the following non-GAAP financial measures: non-GAAP income from operations (EBIT), non-GAAP income from operations margin, non-GAAP net income, non-GAAP diluted earnings per share, non-GAAP free cash flow, annualized recurring revenue (ARR) and subscription ARR. This financial information has not been prepared in accordance with GAAP. Commvault uses these non-GAAP financial measures internally to understand, manage and evaluate its business and make operating decisions. In addition, Commvault believes these non-GAAP operating measures are useful to investors, when used as a supplement to GAAP financial measures, in evaluating Commvault’s ongoing operational performance. Commvault believes that the use of these non-GAAP financial measures provides an additional tool for investors to use in evaluating ongoing operating results and trends, and in comparing its financial results with other companies in Commvault’s industry, many of which present similar non-GAAP financial measures to the investment community. Commvault has also provided its revenues on a constant currency basis. Commvault analyzes revenue growth on a constant currency basis in order to provide a comparable framework for assessing how the business performed excluding the effect of foreign currency fluctuations.

All of these non-GAAP financial measures should be considered as a supplement to, and not as a substitute for, financial information prepared in accordance with GAAP. Investors are encouraged to review the reconciliation of these non-GAAP measures to their most directly comparable GAAP financial measures, which are included in this press release.

Non-GAAP income from operations and non-GAAP income from operations margin. These non-GAAP financial measures exclude noncash stock-based compensation charges and additional Federal Insurance Contribution Act (FICA) and related payroll tax expense incurred by Commvault when employees exercise in-the-money stock options or vest in restricted stock awards. Commvault has also excluded restructuring costs, noncash amortization of intangible assets, litigation settlement, business combination costs, and noncash impairment charges from its non-GAAP results. These expenses are further discussed in Table IV. Commvault believes that these non-GAAP financial measures are useful metrics for management and investors because they compare Commvault’s core operating results over multiple periods.  When evaluating the performance of Commvault’s operating results and developing short- and long-term plans, Commvault does not consider such expenses. 

Although noncash stock-based compensation and the additional FICA and related payroll tax expenses are necessary to attract and retain employees, Commvault places its primary emphasis on stockholder dilution as compared to the accounting charges related to such equity compensation plans. Commvault believes that providing non-GAAP financial measures that exclude noncash stock-based compensation expense and the additional FICA and related payroll tax expenses incurred on stock option exercises and vesting of restricted stock awards allow investors to make meaningful comparisons between Commvault’s operating results and those of other companies.

There are a number of limitations related to the use of non-GAAP income from operations and non-GAAP income from operations margin.  The most significant limitation is that these non-GAAP financial measures exclude certain operating costs, primarily related to noncash stock-based compensation, which is of a recurring nature. Noncash stock-based compensation has been, and will continue to be for the foreseeable future, a significant recurring expense in Commvault’s operating results.  In addition, noncash stock-based compensation is an important part of Commvault’s employees’ compensation and can have a significant impact on their performance. The following table presents the stock-based compensation expense included in cost of revenues, sales and marketing, research and development and general and administrative ($ in thousands):  

The table above excludes stock-based compensation expense related to the Company’s restructuring activities described in Note 6.

The components that Commvault excludes in its non-GAAP financial measures may differ from the components that its peer companies exclude when they report their non-GAAP financial measures. Due to the limitations related to the use of non-GAAP measures, Commvault’s management assists investors by providing a reconciliation of each non-GAAP financial measure to the most directly comparable GAAP financial measure. Commvault’s management uses non-GAAP financial measures only in addition to, and in conjunction with, results presented in accordance with GAAP. 

Non-GAAP net income and non-GAAP diluted earnings per share (EPS).  In addition to the adjustments discussed in non-GAAP income from operations, non-GAAP net income and non-GAAP diluted EPS incorporates a non-GAAP effective tax rate of 24%. Beginning in fiscal 2025, Commvault lowered its estimated non-GAAP effective tax rate from 27% to 24%.

Commvault anticipates that in any given period its non-GAAP tax rate may be either higher or lower than the GAAP tax rate as evidenced by historical fluctuations. The GAAP tax rates in recent fiscal years were not meaningful percentages due to the dollar amount of GAAP pre-tax income.  For the same reason as the GAAP tax rates, the estimated cash tax rates in recent fiscal years are not meaningful percentages. Commvault defines its cash tax rate as the total amount of cash income taxes payable for the fiscal year divided by consolidated GAAP pre-tax income. Over time, Commvault believes its GAAP and cash tax rates will align.

Commvault considers non-GAAP net income and non-GAAP diluted EPS useful metrics for Commvault management and its investors for the same basic reasons that Commvault uses non-GAAP income from operations and non-GAAP income from operations margin. In addition, the same limitations as well as management actions to compensate for such limitations described above also apply to Commvault’s use of non-GAAP net income and non-GAAP diluted EPS.

Non-GAAP free cash flow.  Commvault defines this non-GAAP financial measure as net cash provided by operating activities less purchases of property and equipment. Commvault considers non-GAAP free cash flow a useful metric for Commvault management and its investors in evaluating Commvault’s ability to generate cash from its business operations. In addition, the same limitations as well as management actions to compensate for such limitations described above also apply to Commvault’s use of non-GAAP free cash flow.

Forward-looking non-GAAP measures. In this press release, Commvault presents certain forward-looking non-GAAP metrics. Commvault cannot provide a reconciliation to the comparable GAAP metric without unreasonable efforts, as certain financial information, the probable significance of which may be material, is not available and cannot be reasonably estimated.

Conference Call Information

Commvault will host a conference call today, October 29, 2024 at 8:30 a.m. Eastern Time (5:30 a.m. Pacific Time) to discuss quarterly results. The live webcast and call dial-in numbers can be accessed by registering under the “News & Events” section of Commvault’s website at ir.commvault.com under the “Investor Events” heading. An archived webcast of this conference call will also be available following the call.

About Commvault

Commvault (NASDAQ: CVLT) is the gold standard in cyber resilience, helping more than 100,000 organizations keep data safe and businesses resilient and moving forward. Today, Commvault offers the only cyber resilience platform that combines the best data security and rapid recovery at enterprise scale across any workload, anywhere—at the lowest TCO.

Safe Harbor Statement

This press release may contain forward-looking statements, including statements regarding financial projections, which are subject to risks and uncertainties, such as competitive factors, difficulties and delays inherent in the development, manufacturing, marketing and sale of software products and related services, general economic conditions, outcome of litigation and others. For a discussion of these and other risks and uncertainties affecting Commvault’s business, see “Item 1A. Risk Factors” in our annual report on Form 10-K and “Item 1A. Risk Factors” in our most recent quarterly report on Form 10-Q. Statements regarding Commvault’s beliefs, plans, expectations or intentions regarding the future are forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from anticipated results. Commvault does not undertake to update its forward-looking statements.

Notes

1. Annualized recurring revenue (ARR) is defined as the annualized recurring value of all active contracts at the end of a reporting period.  It includes the following contract types: subscription (including term license contracts, SaaS and utility software), maintenance contracts related to perpetual licenses, other extended maintenance contracts (enterprise support), and managed services. It excludes any element of the arrangement that is not expected to recur, primarily perpetual licenses and most professional services. Subscription ARR includes only term license contracts, SaaS and utility software arrangements. Contracts are annualized by dividing the total contract value by the number of days in the contract term, then multiplying by 365.

   ARR should be viewed independently of GAAP revenue, deferred revenue and unbilled revenue and is not intended to be combined with or to replace those items. ARR is not a forecast of future revenue. Management believes that reviewing this metric, in addition to GAAP results, helps investors and financial analysts understand the value of Commvault’s recurring revenue streams presented on an annualized basis.

2. A reconciliation of GAAP to non-GAAP results has been provided in Financial Statement Table IV included in this press release. An explanation of these measures is also included under the heading “Use of Non-GAAP Financial Measures.”
3. Commvault does not provide forward-looking guidance on a GAAP basis as certain financial information, the probable significance of which cannot be determined, is not available and cannot be reasonably estimated. See “Use of Non-GAAP Financial Measures” for additional explanation.

LONDON – COMMVAULT SHIFT – October 8, 2024 – Commvault, a leading provider of cyber resilience and data protection solutions for the hybrid cloud, today announced an expanded relationship with Google Cloud with the launch of Commvault^® Cloud Backup & Recovery for Google Workspace.

This new solution, which is targeted for availability by the end of the calendar year, will deliver comprehensive, end-to-end enterprise-grade protection for Gmail, Google Drive, and Shared Drives, helping to keep valuable data safe, compliant, and recoverable – all with the simplicity of SaaS. Commvault offers built-in Google Cloud Storage for Google Workspace protection while providing the broadest workload protection across SaaS, hybrid, and cloud native workloads.

Commvault’s Doubling Down on Google Cloud

With support for Google Workspace, Commvault will offer Google Cloud customers new opportunities to safeguard their critical data with enhanced security, streamlined recovery processes, and scalable cloud solutions.

Benefits include:

• Comprehensive protection: Google Workspace customers will be able to effortlessly discover active data, rapidly recover from inadvertent or malicious data deletion, and maintain a copy of valuable data in the Commvault Cloud for compliance mandates.

• Multi-layered cyber resilience: With stringent security standards, privacy protocols, and zero-trust access controls built-in, Google Workspace customers will benefit from the multi-layer data protection provided by Commvault Cloud – which can help minimize the impact of cyberattacks and combat today’s data loss threats.

• Simplicity of SaaS: Google Workspace customers will also enjoy the freedom Commvault Cloud provides. Commvault Cloud delivers cost-effective data protection with the simplicity of SaaS, avoiding infrastructure and management overheads with subscription-based licensing including unlimited long-term retention.

Cloud-First Cyber Resilience

Commvault is further expanding its Google Cloud capabilities with Cloud Rewind™, which integrates Appranix’s innovative application rebuild capabilities into the Commvault Cloud platform, providing Google Cloud customers with an automated, cloud-native rebuild solution to rapidly recover from cyber incidents. For more on the Cloud Rewind announcement, click here.

Earlier this year, Commvault announced support for object retention lock for Google Cloud Storage, providing customers with immutable cloud storage on Google Cloud’s infrastructure. Designed to be an unalterable object storage layer, this is another way that Commvault is offering customers a strong defense against ransomware.

Supporting Quotes

• “In today’s fast-paced, cloud-driven world, having seamless data protection is crucial for our operations,” said Michael Mathews, Vice President for Global Learning and Innovation, Oral Roberts University. “Commvault’s solution for Google Workspace will enable us to confidently manage our data across Gmail and Google Drive, knowing that we have enterprise-level protection and the ability to recover quickly in the event of an issue. This will empower us to focus on our business while Commvault keeps our data safe.”

• “As businesses increasingly rely on Google Workspace, safeguarding their critical data has never been more essential. With Commvault Cloud Backup & Recovery, we’re delivering a purpose-built solution that not only simplifies data protection but also elevates security and compliance standards for Google Cloud customers,” said Rajiv Kottomtharayil, Chief Product Officer, Commvault. “By combining the simplicity of SaaS with enterprise-grade recovery, we’re helping organizations strengthen their cyber resilience across the hybrid cloud landscape.”

More Details

• Learn how Cloud Rewind is a game-changer in cyber resilience.
• Read about the new joint solution from Commvault and Pure Storage.
• Hear about the latest in cloud-first cyber resilience at SHIFT. Click here to register for the must-attend virtual conference.

About Commvault
Commvault (NASDAQ: CVLT) is the gold standard in cyber resilience, helping more than 100,000 organizations keep data safe and businesses resilient and moving forward. Today, Commvault offers the only cyber resilience platform that combines the best data security and rapid recovery at enterprise scale across any workload, anywhere—at the lowest TCO.

LONDON – COMMVAULT SHIFT – October 8, 2024 – Commvault, a leading provider of cyber resilience and data protection solutions for the hybrid cloud, today announced a joint cyber readiness solution with Pure Storage that can play a key role in helping organizations comply with evolving and stringent regulations.

For example, the European Union’s (EU) Digital Operational Resilience Act (DORA), slated to take effect in January 2025, introduces a comprehensive framework focused on ensuring financial entities, including global banks, are not only prepared for unplanned events, but capable of recovering swiftly and effectively.

DORA requires organizations to report on cyber resiliency practices across a host of areas including, but not limited to risk management and operational resilience testing. Together, Commvault’s exceptional data protection and cyber resilience offerings and the innovative Pure Storage Platform help organizations address aspects of these regulations with an integrated solution that assists with compliance and keeps customers’ data secure in the face of cyber-attacks, bad actors, and rising ransomware threats.

Under risk management, DORA identifies several subcategories that financial entities should focus on as part of their strategy for securing customer data. Among them are protection and prevention, detection, and response and recovery. The joint Commvault and Pure Storage solution addresses these categories in the following ways:

• Protection – The Commvault and Pure Storage solution is built on zero-trust principles and includes advanced authentication, storage encryption, and compliance locks to safeguard critical backup data. In addition, the solution has multiple layers of software and hardware immutability, including Pure SafeMode™ Snapshots and S3 Object Locking on the Pure Storage Platform, for enhanced recoverability and additional protection against cyber threats.
• Detection – Commvault helps organizations easily detect and remediate risks, threats, and unusual activity. With proactive risk scanning, AI-assisted anomaly detection, and cyber deception technology that uses decoy devices to hunt threats, Commvault delivers early warning so organizations can coordinate response and accelerate recovery of clean data.
• Response and Recovery – For the most critical systems (e.g., payments), one of the best ways to meet stringent recovery time objectives required by regulations is to use storage-based snapshots. Commvault integrates with Pure Storage to provide rapid recovery of mission critical systems from Pure Storage Platform snapshots that leverage Pure SafeMode.

Commvault also integrates with a wide array of leading cybersecurity and threat intelligence solutions to enable better threat recognition and faster, more coordinated response and recovery.

To address DORA’s operational resilience testing requirements Commvault and Pure Storage deliver the ability to continuously test cyber recovery in secure, isolated environments, so organizations can enhance recovery processes and readiness for breaches or outages. Whether testing is conducted on-demand in cloud-isolated tenants via Commvault’s Cleanroom Recovery solution or within isolated recovery environments with Commvault’s offerings and the Pure Storage Platform, organizations can easily deliver rapid, frictionless recovery of clean data to isolated environments with the flexibility needed to meet operational and data sovereignty requirements.

Enabling organizations to advance resilience is not only applicable to DORA, but supports compliance under other cybersecurity and privacy regulations like the EU’s NIS2 Directive and e-mandates from Reserve Bank of India (RBI) for recurring transactions.

“Commvault and Pure Storage are delivering a globally scalable solution for digital operational resilience,” said Alan Atkinson, Chief Partner Officer, Commvault. “Whether organizations are trying to comply with DORA or the multitude of new regulatory compliance requirements, we combine exceptional detection, forensics, and reporting capabilities with immutable and rapidly recoverable snapshots in one comprehensive solution.”

“The financial sector is under constant threat of cyberattacks that have the ability to undermine economies and consumer confidence. At the same time, cyber regulations are putting stretched IT and security teams to the test,” said Patrick Smith, Field CTO, EMEA, Pure Storage. “Through our partnership with Commvault, we are giving financial institutions critical tools that not only help comply with regulations like DORA but advance their cyber resilience to help ensure enterprise data remains secure, protected, and if necessary, recoverable.”

For more information about how Commvault and Pure Storage can help organizations ensure compliance, please visit the partner page.

More Details

• Learn how Cloud Rewind is a game-changer in cyber resilience.
• Read about how Commvault unlocks new levels of cyber resilience for AWS customers.
• Find out more about Commvault’s expanded support for Google Workspace.
• Hear about the latest in cloud-first cyber resilience at SHIFT. Click here to register for the must-attend virtual conference.

About Commvault
Commvault (NASDAQ: CVLT) is the gold standard in cyber resilience, helping more than 100,000 organizations keep data safe and businesses resilient and moving forward. Today, Commvault offers the only cyber resilience platform that combines the best data security and rapid recovery at enterprise scale across any workload, anywhere—at the lowest TCO.

LONDON – COMMVAULT SHIFT – October 8, 2024 – Commvault, a leading provider of cyber resilience and data protection solutions for the hybrid cloud, today announced the availability of Cloud Rewind™ on the Commvault Cloud platform. This unique offering, which integrates cloud-native distributed application recovery and rebuild capabilities from the Appranix acquisition, gives cloud-first organizations a secret weapon to transform their cyber resilience capabilities.

Today, when organizations are attacked, restoring the data is only half the battle. The truly laborious task is actually restoring the distributed cloud applications, which are used to run and power that data.

Think of it like this: a typical enterprise organization may use as many as 371¹ cloud applications spanning various services like finance, HR, and operations. After an attack, organizations often can’t resume “business-as-usual” operations until many of those applications are rebuilt in a step-by-step, systematic, time-consuming way. The majority of enterprises report that it takes more than a week to return to normal operations, according to Commvault’s latest research. That’s too long. But, with Cloud Rewind, that’s all changing.

Cloud Rewind offers a truly unique approach that transforms and simplifies cloud cyber recoveries. It’s designed to quickly restore an organization’s entire cloud application and data environment – including all the necessary cloud infrastructure configurations – in a highly automated way. By combining data recovery – the sole focus of traditional data protection tools – with cloud-native application and infrastructure rebuild automation, Cloud Rewind helps customers get back to business within minutes after a cloud services outage or ransomware attack, akin to a “cloud time machine.”

Advanced Cloud Rewind Capabilities

Cloud Rewind introduces an advanced set of unique capabilities designed to help businesses bounce back from cyber incidents with exceptional speed and efficiency.

• Reduce organizational risk with resource discovery: automatically identifies and catalogs all cloud components in use, offering full visibility into what assets need protection and recovery. So that nothing critical is missed in the recovery process, even in complex, multi-cloud environments.
• Reduce operational confusion and toil with app-centric dependency mapping: analyzes and defines the intricate relationships between various cloud components. This feature accelerates the task of piecing these dependencies together after an incident, making the rebuild process much faster. So, when a system is restored, all connected resources and services are aligned, with little to no human involvement.
• Keep security teams in-sync with drift analysis: helps return restored systems to their correct state by identifying and correcting any deviations (or “drifts”) from the original configuration. This proactive capability keeps tabs so that restored systems are aligned with their secure and functional state after an incident.
• Automated cyber recovery testing with Recovery-as-Code: captures not only the data but also the full map of applications, infrastructure, and networking configurations. This means that systems can be restored with their complete operational blueprint intact, reducing guesswork for a thorough recovery.
• Avoid wasting cloud resources with on-demand cloud reconstruction: puts it all back together, helping customers swiftly rebuild both the data environment and its supporting infrastructure. This provides organizations with a secure and operational cloud environment, ready for immediate use following a disruption.
• Integrated application-centric cyber recovery and disaster recovery: Cloud Rewind integrates with Commvault Cloud data resilience capabilities to help organizations rapidly recover from short-term failures to debilitating cyber-attacks with a few clicks.

Cloud Rewind supports all major public and private cloud platforms, including Amazon Web Services (AWS), Google Cloud Platform (GCP), and Microsoft Azure, for true customer cloud choice.

Cyber Resilience Dashboard

Complementing Commvault’s cloud-native rebuild technology is its new Cyber Resilience Dashboard. This dashboard provides continuous ransomware readiness assessments that make it easy for organizations to understand where they have gaps in their resilience plans. It also delivers actionable insights to improve resilience and recovery readiness. The dashboard provides a view across the entire data estate, assessing components such as testing frequency and success, and availability of immutable air-gapped copies of critical data. Leveraging that information, organizations receive a grade based on their readiness to recover and recommendations on improving it.

Supporting Quotes

• “Commvault’s Cloud Rewind enhances data management by covering every step of a data breach—protection, recovery, and rebuilding,” said Venkata Sudhakar Nagandla, SVP & Global Head-IT Infrastructure & Cloud, Allcargo Group Companies. “Additionally, we can achieve better RTO and RPO to meet our business needs without requiring a parallel hot standby IT infrastructure and with minimal manual effort.”

• “What we are doing with Cloud Rewind is unlike anything offered on the market today. In the ransomware era, recovering data is important, but it’s table stakes,” said Brian Brockway, CTO, Commvault. “We’re ushering in an entirely new chapter in cyber resilience that not only expedites data recovery, but recovery of cloud applications. This is the gold standard in recovery for a cloud-first world.”

• “With Cloud Rewind, Commvault helps organizations quickly recover in the case of a cybersecurity incident,” said Melinda Marks, Practice Director, Cybersecurity, Enterprise Strategy Group. “Its resource discovery, dependency mapping, drift analysis, and automated cloud reconstruction capabilities provide much-needed relief for teams to save them from the intricate and time-consuming process of rebuilding their applications. For enterprises managing hundreds of cloud services, this is a huge advantage for minimizing downtime after a breach.” 

Cloud-First Cyber Resilience

Cloud Rewind and the Cyber Resilience Dashboard will be generally available in the coming months. For more information about the new Commvault Cloud offerings, please check out today’s blog or visit the product page.

More Details

Hear about the latest in cloud-first cyber resilience at SHIFT on October 9 and 10. Click here to register for the must-attend virtual conference. 

To read the other announcements being made at SHIFT, please visit:

• Commvault Enables New Levels of Cyber Readiness for Cloud-First Enterprises on the AWS Cloud
• Commvault Expands Google Cloud Support with Advanced Cloud Backup and Cyber Recovery for Google Workspace
• Commvault and Pure Storage Collaborate to Help Financial Institutions Meet Stringent DORA Requirements

About Commvault
Commvault (NASDAQ: CVLT) is the gold standard in cyber resilience, helping more than 100,000 organizations keep data safe and businesses resilient and moving forward. Today, Commvault offers the only cyber resilience platform that combines the best data security and rapid recovery at enterprise scale across any workload, anywhere—at the lowest TCO.

¹ Productive. (2024, June 6). State of SaaS. https://productiv.com/state-of-saas

LONDON – COMMVAULT SHIFT – October 8, 2024 – Commvault, a leading provider of cyber resilience and data protection solutions for the hybrid cloud, today announced that the Commvault^® Cloud cyber resilience platform will be available on Amazon Web Services (AWS).

The Commvault Cloud platform, including its widely deployed SaaS offerings (formerly known as Metallic), will provide AWS customers with cutting-edge solutions for automating data protection, advancing cyber recovery, and simplifying the cloud application rebuild process following a cyberattack.

Today, more organizations are embracing a cloud-first approach where cyber resilience is key. In fact, 73% of all new data will be stored in the cloud¹. Commvault’s announcement provides organizations with even more options for building resilience on the secure AWS Cloud. Offerings that will be available to AWS customers include:

• Cloud Rewind: Based on Appranix technology, Cloud Rewind acts as an AWS time machine. This cloud-native offering lets organizations “rewind” to the last clean copy of their data, recover that data, and automate the cloud application rebuild process so that businesses can get back to normal in minutes versus hours, days, weeks, or months. To read about other new developments with Cloud Rewind, click here.

• Cyber Resilience for Amazon S3: Through its recent acquisition of Clumio, Commvault will be introducing new technology in the coming months that will also bring time machine capabilities to Amazon Simple Storage Service (Amazon S3) customers. In the event of an attack, this technology will allow Amazon S3 customers to revert rapidly back to a clean copy of data that has not been infiltrated with malware. At a time when many companies are storing very large datasets in Amazon S3, including AI and ML datasets, this advancement will represent an important opportunity to further cyber resilience in the AI era.

• Air Gap Protect: This critical last line of defense offering will provide AWS customers with immutable, isolated copies of data in a Commvault tenant, as a service. This offering joins Commvault’s current capabilities for backup and protection in customer-owned tenants. This gives AWS customers another way to keep their data safe and resilient.

• Cleanroom Recovery: Commvault is extending the power of Cleanroom Recovery to AWS. When attacked, this technology will allow organizations to automatically provision recovery infrastructure, allowing recovery to an isolated location in AWS and rapidly restore production workloads. Customers can also conduct forensics in this clean and safe location. The beauty of Cleanroom Recovery is that it also enables IT and security teams to frequently and fully test their cyber recovery plans in advance so that they know when they are hit, they can recover quickly. For more on Cleanroom Recovery, click here or watch this video.

Building on a Strong Foundation

Vast numbers of customers already utilize Commvault to protect data stored on AWS. In fact, in the last year alone, Commvault has backed up exabytes of data to AWS targets. And, with today’s announcements – including offering the full Commvault Cloud platform on AWS – Commvault expects that number to grow significantly.

Availability at Your Fingertips

Commvault’s suite of solutions for AWS will be generally available in the coming months. Following availability, joint customers will be able to access these solutions in AWS Marketplace.

Supporting Quotes

• “By utilizing Commvault in our AWS environment, we will be able to greatly enhance our data protection, resiliency, and recovery processes,” said Marek Duranik, Core Infrastructure & Data Storage and Protection Associate Director, Merck. “Commvault’s orchestration capabilities allow us to automate and streamline recovery in the event of a cyberattack and significantly decrease recovery time. Plus, we get the added benefit of having access to Commvault’s SaaS offerings with full support for both cloud and on-premises infrastructure. Our data and recovery environments will be secure, resilient, and prepared to face potential threats, decreasing our risk and enhancing our ability to quickly respond to cyberattacks.”

• “We are proud to extend the full power of the Commvault Cloud platform and cloud-native solutions to AWS,” said Pranay Ahlawat, Chief Technology and AI Officer, Commvault. “We believe our game-changing technology will empower joint customers to recover faster, mitigate threats more effectively, and enhance their cyber resilience strategies.”

More Details

• Learn how Cloud Rewind is a game-changer in cyber resilience.
• Read about the new joint solution from Commvault and Pure Storage.
• Hear about the latest in cloud-first cyber resilience at SHIFT. Click here to register for the must-attend virtual conference.

¹IDC Global DataSphere and StorageSphere, 2022; BCG’s Future of Data, 2022 (N = 299); BCG analysis.

About Commvault
Commvault (NASDAQ: CVLT) is the gold standard in cyber resilience, helping more than 100,000 organizations keep data safe and businesses resilient and moving forward. Today, Commvault offers the only cyber resilience platform that combines the best data security and rapid recovery at enterprise scale across any workload, anywhere—at the lowest TCO.

TINTON FALLS, NJ – September 24, 2024 – Commvault, a leading provider of cyber resilience and data protection solutions for the hybrid cloud, announced it will acquire Clumio, a technology leader in data protection for critical cloud data in AWS.

This transaction enables Commvault to leverage Clumio’s AWS offerings to provide cyber resilience to next generation applications built on AWS. Clumio serves a wide range of customers including Atlassian, Cox Automotive, Duolingo, and LexisNexis.

More and more organizations are relying on Amazon S3 as their de facto storage offering, including for AI development in the cloud. Clumio has brought groundbreaking innovations to market in this area, including technologies that enable customers to have near-instant access to their Amazon S3 data during a time-critical recovery operation.

“In the event of an outage or cyberattack, rapidly getting back to business is paramount to our customers,” said Commvault CEO Sanjay Mirchandani. “Combining Commvault’s industry-leading cyber resilience capabilities with Clumio’s exceptional talent, technology, and AWS expertise advances our recovery offerings, strengthens our platform, and reinforces our position as a leading SaaS provider for cyber resilience.”

“At Clumio, our vision was to build a platform that could scale quickly to protect the world’s largest and most complex data sets, including data lakes, warehouses, and other business-critical data,” said Poojan Kumar, co-founder of Clumio. “Joining hands with Commvault allows us to get our cloud-native offerings to AWS customers on a global scale.”

The asset acquisition is expected to close in early October 2024, and be immediately accretive to ARR and revenue, and accretive to free cash flow within the next three quarters. The purchase price is not material to Commvault and will be funded with cash on hand. Commvault reiterates the fiscal second quarter 2025 earnings guidance previously announced on July 30, 2024.

BofA Securities served as a financial advisor and Hogan Lovells LLP served as legal counsel to Commvault in connection with the transaction.

About Commvault

Commvault (NASDAQ: CVLT) is the gold standard in cyber resilience, helping more than 100,000 organizations keep data safe and businesses resilient and moving forward. Today, Commvault offers the only cyber resilience platform that combines the best data security and rapid recovery at enterprise scale across any workload, anywhere—at the lowest TCO.

About Clumio

Clumio helps organizations simplify data protection in AWS. Its secure air-gapped SaaS backup solution enables organizations to achieve ransomware protection, backup and restore data in minutes, and gain better visibility to optimize cloud storage costs.

Safe Harbor Statement

This press release contains forward-looking statements, including statements regarding the expected benefits of the acquisition and financial projections, which are subject to risks and uncertainties. For a discussion of these and other risks and uncertainties affecting Commvault’s business, see “Item 1A. Risk Factors” in our annual report on Form 10-K and “Item 1A. Risk Factors” in our most recent quarterly report on Form 10-Q. Statements regarding Commvault’s beliefs, plans, expectations or intentions regarding the future are forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from anticipated results. Commvault does not undertake to update its forward-looking statements.

TINTON FALLS, NJ – September 10, 2024 – Commvault, a leading provider of cyber resilience and data protection solutions for hybrid cloud organizations, today released new critical insights from its 2024 Cyber Recovery Readiness Report. This global survey of 1,000 security and IT professionals across 11 countries, reveals interesting behavior changes for organizations that have been breached versus those that have not.

The Commvault survey, done in collaboration with GigaOm, shows that organizations that have endured cyber incidents in the past don’t want to get burned again. Consequently, they often reassess and invest in cyber resilience and recovery strategies in very meaningful ways. According to the survey:

• Investments in cyber resilience increase: Organizations that have been breached spend nearly 30% more on cybersecurity measures than those that haven’t.
• More attention is given to understanding data risk profiles: Breached organizations are nearly 2.5 times more likely to prioritize understanding their data risk profiles, which highlight data types and relative levels of risk.
• Cyber readiness testing is prioritized: Breached organizations conduct more testing to find gaps in their cyber preparedness plans. Twenty percent of organizations that haven’t been breached do not test their recovery plan at all, that number drops to just 2% for organizations that have been breached.

The impact of these added investments and focus on cyber resilience is significant. According to the survey, breached organizations that have invested in comprehensive cyber recovery plans recover 41% faster than their less-prepared counterparts. In terms of specific recovery times, breached organizations state that they are 32% more likely to recover within 48 hours compared to those that have not been breached – a much better outcome than the recovery times noted by other respondents, which could be three weeks or more. This reduced downtime can translate to significant savings, both in terms of direct financial losses and the preservation of customer trust and brand reputation.

“We’ve all heard the expression hindsight is 20/20, and that could not be more applicable when it comes to the findings of this survey,” said Brian Brockway, Chief Technology Officer at Commvault. “Our survey shows that the most resilient organizations are those that continuously test and refine their recovery strategies, learning from each incident to strengthen their defenses. It’s this proactive mindset, rather than reactive spending, that makes the difference.”

Much like health insurance, where the cost of coverage often far outweighs the potential expenses of medical emergencies, cyber recovery readiness serves a similar purpose. The report underscores that the costs of being breached – ranging from operational disruption to regulatory fines – far exceed the expenses of proactive cyber resilience measures.

“The findings should be a call to action for all organizations, not just those that have been breached,” said Chris Ray, Cybersecurity Analyst at GigaOm. “Cyber threats are constantly evolving, and so too must the strategies to counter them. It’s about adopting a holistic approach to cyber resilience that integrates people, processes, and technology, ensuring readiness at every level.”

In addition to these findings, Commvault and GigaOm were able to pinpoint five key capabilities, also called resiliency markers, that when deployed together, helped companies recover faster from cyberattacks and experience fewer breaches compared to companies that did not follow the same path. These five resiliency markers emerged after data analysis teams combed through the same survey results across a range of topics including: how often companies were breached, what resilience technologies were (or were not) deployed, and how rapidly businesses were able to recover data and resume normal operations. Read more on the five resiliency markers here.

More Information:

• Check out the full Cyber Recovery Readiness Report
• Join the Business Uninterrupted: Readiness Strategies from the Trenches of a Breach webinar | September 18, 2024 at 1:00 pm ET

Methodology

Commvault in conjunction with GigaOm conducted this inaugural study of 1,000 respondents across 11 countries in April 2024 to better understand their views on cyber readiness and how prepared their organizations are in the face of cyber threats. Respondents were from companies earning at least $10 million in annual revenues, with the majority earning $500 million or more. Thirty-five percent of respondents were board-level or C-Suite executives, 48% were senior-level management, and the remaining 17% were mid- or junior-level management. The 11 countries included in the survey are Australia, Canada, France, Germany, Italy, Japan, Netherlands, Spain, Sweden, United Kingdom, and United States.

About Commvault

Commvault (NASDAQ: CVLT) is the gold standard in cyber resilience, helping more than 100,000 organizations keep data safe and businesses resilient and moving forward. Today, Commvault offers the only cyber resilience platform that combines the best data security and rapid recovery at enterprise scale across any workload, anywhere—at the lowest TCO.

TINTON FALLS, NJ – August 15, 2024 – Commvault, a leading provider of cyber resilience and data protection solutions for the hybrid cloud, today announced SHIFT 2024. This annual in-person and virtual event, combined with a 40-city roadshow, are the industry’s must-attend forums for CISOs, CIOs, data security, cloud, and data protection enthusiasts who want to learn about the latest developments, innovations, and partnerships in cyber resilience.

As escalating cyber threats and attacks constantly put businesses at risk, the focus of SHIFT 2024 is “continuous business,” so that when the inevitable happens, organizations can rapidly rebuild, reconstruct, and recover.

SHIFT 2024 kicks off with an in-person event in London on October 8. On October 9-10, people from around the world can attend exciting virtual simulcasts, tailored to local time zones. To register for one of these simulcasts, click here. Following this initial launch, Commvault will embark on a global roadshow, with localized events in Australia, Canada, India, Italy, Spain, the United States, and beyond. To check out the roadshow schedule, click here.

SHIFT 2024 promises a jam-packed, comprehensive schedule that will radically shift how attendees think about cyber resilience. Key topics include: 

• Cutting-edge cloud-first innovations that empower customers to fortify their cyber resilience posture, maintain a continuous advantage over cyber threats, and dramatically reduce the time it takes to be resilient following an attack.
• Real-world customer stories and simulations that put customers in the hot seat and provide firsthand experiences and actionable strategies for achieving continuous business.
• Educational opportunities for advanced readiness training and certifications, providing attendees with the skills they need to keep their businesses resilient.
• Partnerships that take cyber resilience to the next level.

Commvault SHIFT 2024 is poised to set a new standard in cyber resilience — featuring insightful panel discussions, industry luminaries, and technology advancements that are worth talking about. Are you ready?

To register for the October 9 and 10 simulcasts, visit: https://www.commvault.com/shift

To see what city Commvault is shifting to next, visit: https://www.commvault.com/shift-roadshow

About Commvault
Commvault (NASDAQ: CVLT) is the gold standard in cyber resilience, helping more than 100,000 organizations keep data safe and businesses resilient and moving forward. Today, Commvault offers the only cyber resilience platform that combines the best data security and rapid recovery at enterprise scale across any workload, anywhere—at the lowest TCO.

TINTON FALLS, NJ – August 8, 2024 – Commvault, a leading provider of cyber resilience and data protection solutions for hybrid cloud organizations, today announced that it has been named a “Leader” and “Forward Mover” in the 2024 GigaOm Sonar Report for Cloud-Native Data Protection. Out of 13 vendors, Commvault achieved the highest average rating based on scores awarded across 10 key characteristics.

This prestigious recognition underscores Commvault’s commitment to helping customers accelerate their cloud journeys, while advancing data protection, cyber resilience, data risk governance, and cyber recovery.

The GigaOm Sonar report evaluates vendors based on their execution, roadmap, and ability to innovate. Commvault was recognized for delivering cutting-edge solutions and technologies that truly make a difference for customers globally.

The report recognizes the Commvault Cloud platform for its strong performance in cloud-native data protection, along with its hybrid cloud support. GigaOm says the platform “stands out for its extensive workload coverage and enterprise-level resilience.” Additionally, GigaOm highlights the platform’s ability to integrate “data protection, cyber recovery, and cloud-native app rebuild and operational efficiency into a unified suite.”

With respect to Commvault’s recent acquisition of Appranix, GigaOm stated the acquisition “further extends its cyber recovery and resilience capabilities in the hyperscaler space to discover and rebuild cloud-native apps, making it a robust solution for modern enterprises.”  

GigaOm also recognized unique product innovations, including Cleanroom Recovery, which provides “secure, isolated environments for cyber recovery testing,” while also facilitating “quick, secure recovery from cyber incidents without reinfection.” The report adds, “The ability to automate and prioritize recovery workflows, including restoring accounts, permissions, and credentials, enhances the platform’s resilience and operational efficiency.”

Along with Commvault’s AI-supported automation layer and its generative AI interactions, through its AI co-pilot Arlie, GigaOm states: “These comprehensive capabilities make Commvault ideal for enterprises with complex, hybrid IT environments seeking robust data protection and cyber resilience solutions.”

GigaOm analyst Chester Conforte said, “True cyber resilience requires security and IT teams to work together across an infinitely variable number of workloads, applications, and infrastructure, which can be complex. Commvault Cloud Platform delivers the broadest and deepest set of capabilities to address data threats, attack tactics, continuous validation, forensic analysis, and recovery needs across legacy on-prem, shared storage, endpoint, VM, public, private, and SaaS clouds all in a unified and extensible platform.”

“We’re thrilled to be recognized by GigaOm as a Leader in cloud-native data protection,” said Pranay Ahlawat, Chief Technology and AI Officer, Commvault. “This acknowledgement truly reflects Commvault’s commitment to being the best vendor for cloud-native workloads. With cloud, your data protection strategy needs to go beyond restoring data and focus on reconstructing cloud applications – critical to being resilient following a cyberattack or outage. We will continue to strengthen our cloud native capabilities while empowering our customers to advance and accelerate their cloud journeys.”

GigaOm notes the continued growth of Commvault’s partner ecosystem as a strength, with strategic partnerships that enhance its offerings and extend its reach, stating that Commvault “collaborates with leading technology providers to ensure seamless integration and interoperability across various platforms and environments.”

For more information on Commvault’s data protection solutions and to access the full GigaOm Sonar report, visit https://www.commvault.com/gc/gigaom-sonar-report-for-cloud-based-data-protection.

About Commvault

Commvault (NASDAQ: CVLT) is the gold standard in cyber resilience, helping more than 100,000 organizations keep data safe and businesses resilient and moving forward. Today, Commvault offers the only cyber resilience platform that combines the best data security and rapid recovery at enterprise scale across any workload, anywhere—at the lowest TCO.

TINTON FALLS, NJ – August 7, 2024 – Commvault, a provider of cyber resilience and data protection solutions for the hybrid cloud, today announced that the company has been positioned by Gartner as a Leader in the 2024 Magic Quadrant for Enterprise Backup and Recovery Software Solutions^[1]. Commvault’s evaluation was based on specific criteria that analyzed the company’s overall Completeness of Vision and Ability to Execute.

The Commvault Cloud platform offers a comprehensive suite of data protection and cyber resilience solutions designed to meet the diverse needs of hybrid enterprises. It offers advanced security and AI features to safeguard data against cyber threats, modern backup and recovery capabilities, and integration with leading cloud providers and security partners. By leveraging Commvault’s unified approach, organizations can reduce complexity, enhance data visibility, and advance cyber resiliency, all while optimizing costs and improving operational efficiency.

“To be recognized by Gartner as a Leader in this Magic Quadrant for 13 consecutive times takes a lot more than luck. We feel it requires a deep understanding of customers’ data protection and cyber resilience challenges and the ability to deliver solutions that uniquely address these pain points,” said Tim Zonca, Vice President, Portfolio Marketing, Commvault. “We believe what truly sets Commvault apart is the ability to protect more workloads, provide enterprise-grade data protection, offer simple and scalable recovery, and uniquely advance cyber resiliency all on one platform.”

A Gartner Magic Quadrant is a culmination of research in a specific market, giving you a wide-angle view of the relative positions of the market’s competitors. A Magic Quadrant provides a graphical competitive positioning of four types of technology providers, in markets where growth is high and provider differentiation is distinct.

To learn more about Commvault’s recognition from Gartner and to read the 2024 Gartner Magic Quadrant for Enterprise Backup and Recovery Software Solutions report available August 8th, visit: www.commvault.com/gc/itleaders.  

Gartner disclaimer
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Commvault
Commvault (NASDAQ: CVLT) is the gold standard in cyber resilience, helping more than 100,000 organizations keep data safe and businesses resilient and moving forward. Today, Commvault offers the only cyber resilience platform that combines the best data security and rapid recovery at enterprise scale across any workload, anywhere—at the lowest TCO.

[1] Gartner, Inc. Magic Quadrant for Enterprise Backup and Recovery Software Solutions. Michael Hoeck, Jason Donham, etl. 5 August 2024.

TINTON FALLS, NJ – August 5, 2024 – Commvault, a leading provider of cyber resilience and data protection solutions for the hybrid cloud, today announced an expansion of its cyber and data security ecosystem through strategic integrations with an array of security partners: Acante, Dasera, Google Cloud, Splunk, and Wiz.

These integrations play a key role in helping joint customers advance cyber resilience in a variety of ways across on-premises, hybrid, and cloud environments – from identifying potential threats or anomalies, to understanding where sensitive data exists, to accelerating clean recoveries. These bi-directional integrations also empower customers to use their preferred security, data protection, and cyber recovery solutions. Security operations teams can leverage these integrations to help better understand risks and threats, defend against them, and recover with confidence.

The need for these types of integrations has never been more critical or timely. According to a recent study commissioned by Commvault and conducted by GigaOm, only 13% of organizations are equipped to effectively defend against and rapidly recover from cyberattacks, with 54% of these organizations expressing full confidence in their recovery abilities. For more on these findings, read the 2024 Cyber Recovery Readiness Report.

“Commvault is committed to partnering with industry leaders in cyber security, data security posture management (DSPM), and artificial intelligence (AI) with one goal in mind – to help customers advance their security posture,” said Rajiv Kottomtharayil, Chief Product Officer, Commvault. “It takes a village to fight today’s cyber threats, and through these integrations, we help enable our customers to build a bridge towards true organizational resilience.”

Integrations with these partners continue to advance data discovery and classification, cyber resilience, and cyber security.

• Acante: Acante’s data access governance solution for modern data and AI clouds empowers data teams to radically simplify and dramatically accelerate precise, secure, and compliant access to their fast-growing critical data.

• Dasera: Offers DSPM solutions that help companies identify where sensitive structured and unstructured data is, automate data security and governance, and rapidly find, flag, and fix data security risks.

• Google Threat Intelligence: Provides unmatched threat visibility and actionable context powered by AI to help organizations proactively set defenses, hunt efficiently, and investigate and respond to new and novel threats. With a Google Threat Intelligence licensed API key, customers can realize a seamless experience to investigate Commvault detected threats without jumping between tabs.

• Splunk: Enhances threat detection and response capabilities via Splunk’s advanced data analytics platform, providing real-time operational intelligence for comprehensive security insights.

• Wiz: Delivers a consolidated cloud security platform that excels in providing clarity, visibility, and context, enabling users to secure their cloud environments.

Quotes from Integration Partners

Acante: “We are thrilled to partner with an industry leader like Commvault to help customers bolster their data resiliency by combining Commvault’s cutting edge data protection technology with Acante’s data access governance solution,” said Ranga Rangachari, Acante CEO and co-founder. “This integration dramatically enhances our customers’ data security posture.”

Dasera: “Our DSPM solutions complement Commvault’s offerings and help to provide continuous monitoring and rapid remediation of data security risks,” said Ani Chaudhuri, Dasera CEO and Cofounder. “Together, we are committed to helping organizations achieve robust data security and compliance.”

Wiz: “The collaboration between Wiz and Commvault delivers cloud security context that enables highly secure backup recoveries with embedded vulnerability patching,” said Oron Noah, VP of Product Extensibility & Partnership at Wiz. “We’re paving the way for a new era of cloud resilience, where data protection and security go hand in hand.”

Learn More About These Security Integrations at the Black Hat Conference

To learn more about Commvault’s latest integrations, book a meeting with us at Black Hat USA (August 7-8), or stop by Booth #2701.

At the booth, visitors can also learn how to fight attackers in an increasingly complex digital landscape with Commvault Cloud Cleanroom Recovery. It provides:

• An isolated environment designed to test and strengthen a company’s cyber resilience
• A classroom to enlighten the IT and security teams about unknown threats
• A strategic war room for crafting realistic plans to tackle new compliance challenges

Availability

These new integrations are available immediately through Commvault and its partners. For detailed product specifications, configuration guides, and additional resources, visit Commvault’s Partner page.

About Commvault
Commvault (NASDAQ: CVLT) is the gold standard in cyber resilience, helping more than 100,000 organizations keep data safe and businesses resilient and moving forward. Today, Commvault offers the only cyber resilience platform that combines the best data security and rapid recovery at enterprise scale across any workload, anywhere—at the lowest TCO.

TINTON FALLS, NJ – July 31, 2024 – Commvault, a leading provider of cyber resilience and data protection solutions for hybrid cloud organizations, today announced Microsoft 365 Backup Storage as an integrated component of Commvault^® Cloud Backup and Recovery for Microsoft 365.

The Commvault Cloud platform, built on Microsoft Azure, empowers joint customers to deploy the combined solution, Commvault Cloud with Premium Microsoft 365 Backup Storage, at any time for enhanced cyber resilience, while enabling single pane of glass control that simplifies administration and delivers a low total cost of ownership (TCO).

Together, Commvault Cloud with Premium Microsoft 365 Backup Storage empowers customers with choice, enabling enterprises to use Microsoft 365 Backup Storage for fast, comprehensive point-in-time recovery of their mission-critical Microsoft 365 workloads and data.

Commvault’s Microsoft 365 protection capabilities across Exchange Online, Teams, OneDrive, and SharePoint include selectable and configurable extended retention, granular recovery, and self-restore options. The combined offering allows customers to select the right level of protection and recovery based on the specific Microsoft 365 workload, enhancing efficiencies and restorability while achieving the maximum possible cost savings.

Tirthankar Chatterjee, Chief Technology Officer, Hyperscalers, Commvault, said, “We are building on our 27+ years of co-development and co-engineering with this integrated solution that helps customers achieve the highest level of cyber resilience and threat readiness, along with the ability to greatly improve recovery time to specific Microsoft 365 workloads. We’re excited about the advantages and efficiencies the combined solution brings to our joint customers and partners.”

“With this integration, Commvault has taken a major step in helping our joint customers keep their business running with fast operational recovery from cyberattacks. We look forward to continuing to work together with them to make customers’ data more resilient,” said Zach Rosenfield, Partner Director of PM, Collaborative Apps and Platforms, Microsoft.

Commvault Cloud Backup and Recovery for Microsoft 365 will be available later this quarter.

For more information on the combined solution:

• Listen in to our podcast series – “Achieving total cyber resilience with Commvault and Microsoft” and “Putting total Microsoft 365 cyber resilience into action”
• Read our latest blog
• Visit Commvault’s Microsoft 365 integration page

About Commvault
Commvault (NASDAQ: CVLT) is the gold standard in cyber resilience, helping more than 100,000 organizations keep data safe and businesses resilient and moving forward. Today, Commvault offers the only cyber resilience platform that combines the best data security and rapid recovery at enterprise scale across any workload, anywhere—at the lowest TCO.