– Joint solution delivers a powerful combination of robust data protection, scalability, and operational efficiency to global customers –
TINTON FALLS, NJ – October 11, 2023 – Commvault®, an enterprise data protection leader for today’s global businesses, announced new highly reliable backup and recovery solutions for enterprise organizations, powered by Lenovo technology.
Paired with Lenovo’s award-winning hardware systems, Commvault is delivering simplicity to IT teams with data protection and management from a single view, while giving CIOs flexibility, reliability, and blazing performance at immense scale with better TCO and faster time to value.
“Innovation through collaboration has always been at the heart of Commvault. Partnering with Lenovo propels us further into a future where enterprises can safely say their data is secured, protected, and recoverable,” said Alan Atkinson, Chief Partner Officer, Commvault. “This partnership stands as a testament to both companies’ commitment to supporting global enterprises in navigating the multifaceted challenges posed by today’s data-driven business landscape.”
“As we continue to operate in such a fast-paced and data-driven business environment, ensuring the safety, accessibility, and recoverability of critical business data has never been more important. It is for this exact reason that Commvault and Lenovo have come together to deliver highly reliable backup and recovery solutions for enterprise organizations,” said Brian Connors, Vice President and General Manager,Software & Business Development, Lenovo.
Commvault software is recognized for its unmatched depth in cloud-native integrations, supporting an array of applications, databases, and infrastructures. For the 12th consecutive year, Gartner positioned Commvault as a Leader in the Gartner® Magic Quadrant™ for Enterprise Backup and Recovery Software Solutions. Commvault also ranked highest in six out of seven use cases in the 2023 Gartner® Critical Capabilities for Enterprise Backup and Recovery Software Solutions.
To learn more about cyber threat protection and recovery from Commvault and Lenovo, join us at GITEX Dubai, Booth #H5-A40. Together we’ll be delving deeper into the challenges enterprises face and exploring how our newly combined offerings can help create a safer, simpler, and more resilient enterprise. Register today!
About Commvault Commvault (NASDAQ: CVLT) is a global leader in cloud data protection. Our industry-leading platform redefines the next generation of data protection as the only solution with comprehensive data protection, proactive data defense, advanced ransomware protection, and a single view across all your data. This lets you secure, defend, and recover your data, applications, and production workloads – on-premises, in the cloud, over SaaS, or spread across hybrid and multi-cloud environments. The result is early warning of attacks, active defense to reduce the impact of intrusion, and rapid, accurate recovery of your data. Simply put, Commvault is data, protected. For over 25 years, more than 100,000 organizations have relied on Commvault to keep their data secure and ready to drive business growth. Learn more at www.commvault.com or follow us @Commvault.
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Company Recognized for Cyber Resilience Capabilities by Prestigious International Awards Program
TINTON FALLS, NJ – October 5, 2023 – Commvault®, an enterprise data protection leader for today’s global businesses, announced that it has been named “Threat Detection Solution Provider of the Year” in the 7th Annual CyberSecurity Breakthrough Awards from CyberSecurity Breakthrough, a leading independent market intelligence organization that recognizes the top companies, technologies, and products in the global information security market today.
“As the cybersecurity market continues to grow with new and worsening threats on a daily basis, enabling cyber resilience for our customers is Commvault’s top priority – a goal we are proud to meet every time,” said Param Kumarasamy, Vice President of Product Management, Commvault. “With advanced technology, including AI, ML, and automation, combined with cloud-native security capabilities and simple management, Commvault offers something others can’t – the ability to anticipate threats, minimize damage, and respond quickly. Being recognized for that is a true honor.”
The mission of the CyberSecurity Breakthrough Awards is to celebrate excellence and acknowledge the innovation, hard work, and success in a range of information security categories, including Cloud Security, Threat Detection, Risk Management, Fraud Prevention, Mobile Security, Email Security, and many more. This year’s program attracted thousands of nominations from over 20 different countries.
“Commvault’s breakthrough security offerings are unmatched as a data protection and data security package that protects businesses against a threat landscape that is getting more challenging over time. We are thrilled to award them with ‘Threat Detection Solution Provider of the Year,’” said Steve Johansson, Managing Director, CyberSecurity Breakthrough. “Enterprises are facing substantial data growth and a steady stream of challenges brought on by cyberthreats. Cybercriminals are only getting smarter, and when it comes to protecting data, Commvault is there to safeguard this critical information end-to-end in the cloud, over SaaS, on-premises, and across hybrid and multi-cloud environments.”
As the only vendor providing in-depth threat monitoring and patented cyber deception in both production and backup environments, Commvault offers truly differentiated capabilities that can help businesses effectively secure, defend, and ensure cyber resilience. These capabilities currently include:
Commvault Cloud Command, which provides businesses with global visibility and actionable insights across SaaS, cloud, and on-premises environments through a unified, SaaS-delivered platform. Commvault Cloud Command enables the standardization of security postures and simplifies data risk management, helping businesses make optimal decisions for recovery readiness.
With Commvault Threat Scan, the detection of corrupted or suspicious datasets is made possible. Businesses can use Threat Scan to locate and quarantine malware and threats from backup content and help ensure clean recoveries while decreasing the likelihood of reinfection.
Commvault’s Metallic ThreatWise serves as an early warning system that proactively surfaces unknown and zero-day threats to minimize compromised data and business impact. It uses decoys to proactively bait bad actors into engaging fake resources, spot threats in production environments, and arm businesses with tools to keep data safe.
Commvault Risk Analysis enables businesses to identify and secure sensitive data across their entire infrastructure. By providing deep visibility into data risks, it enables teams to easily identify, categorize, and lock down sensitive data across backup and production environments to mitigate potential data breaches, exfiltration, and unwanted data exposure.
About Commvault Commvault (NASDAQ: CVLT) is a global leader in cloud data protection. Our industry-leading platform redefines the next generation of data protection as the only solution with comprehensive data protection, proactive data defense, advanced ransomware protection, and a single view across all your data. This lets you secure, defend, and recover your data, applications, and production workloads – on-premises, in the cloud, over SaaS, or spread across hybrid and multi-cloud environments. The result is early warning of attacks, active defense to reduce the impact of intrusion, and rapid, accurate recovery of your data. Simply put, Commvault is data, protected. For over 25 years, more than 100,000 organizations have relied on Commvault to keep their data secure and ready to drive business growth. Learn more at www.commvault.com or follow us @Commvault.
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Gadd will focus on driving growth in the region; Brings 25 years of industry experience including a strong track record of success at Cohesity and Hitachi Vantara
Reading, UK.– October 4, 2023 – Commvault (NASDAQ: CVLT), an enterprise data protection leader for today’s global businesses, has today announced the appointment of Richard Gadd as Senior Vice President of Commvault’s EMEA and India (EMEAI) region. Gadd will lead the region in empowering global organisations with industry-leading cyber resilience offerings that protect and recover data from today’s biggest cyber threats.
Gadd brings 25 years of sales experience in the technology industry to Commvault. He most recently held the role of VP and General Manager, EMEA at Cohesity, building his experience in the storage and data management industry. Prior to this, he also held senior roles at Hitachi Vantara, EMC, and Computacenter.
In these previous roles, he was successful in growing Hitachi Vantara’s EMEA business to become the company’s largest region worldwide, as well as leading on Cohesity’s EMEA portfolio to make it the organization’s fastest-growing region. Gadd plans to bring this experience into Commvault and achieve similar go-to-market successes within the EMEAI region.
“To join one of the longest-established companies in the industry is incredibly exciting,” said Richard Gadd, Senior Vice President EMEAI. “With its strong pedigree in innovation and ground-breaking technology, I’m looking forward to being able to lead and contribute to the Commvault team’s excellent work in empowering global organizations’ cyber resilience going forward. I am very excited to begin this new challenge.”
Riccardo Di Blasio, Chief Revenue Officer at Commvault, said: “Recognizing the tremendous potential and the dynamic momentum within the EMEAI region, it was important to onboard a leader of the right caliber, business insight, and engaging persona. In appointing Richard, we are incredibly confident that we have made the right choice. His distinguished track record of guiding several large-scale organisations to accomplish remarkable growth and market share aligns perfectly with the vision and potential we see in him spearheading Commvault’s team in EMEAI.”
About Commvault Commvault (NASDAQ: CVLT) is a global leader in cloud data protection. Our industry-leading platform redefines the next generation of data protection as the only solution with comprehensive data protection, proactive data defence, advanced ransomware protection, and a single view across all your data. This lets you secure, defend, and recover your data, applications, and production workloads – on-premises, in the cloud, over SaaS, or spread across hybrid and multi-cloud environments. The result is early warning of attacks, active defence to reduce the impact of intrusion, and rapid, accurate recovery of your data. Simply put, Commvault is data, protected. For over 25 years, more than 100,000 organisations have relied on Commvault to keep their data secure and ready to drive business growth. Learn more at www.commvault.com or follow us @Commvault.
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Tinton Falls, N.J. – October 3, 2023 – Commvault (NASDAQ: CVLT) – Commvault will webcast a discussion of its second quarter fiscal year 2024 earnings results on Tuesday, October 31, 2023 beginning at 8:30 a.m. EDT 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 (800) 715-9871 or (646) 307-1963 and referencing Event ID 9393783. 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 a global leader in cloud data protection. Our industry-leading platform redefines the next generation of data protection as the only solution with comprehensive data protection, proactive data defense, advanced ransomware protection, and a single view across all your data. This lets you secure, defend, and recover your data, applications, and production workloads – on-premises, in the cloud, over SaaS, or spread across hybrid and multi-cloud environments. The result is early warning of attacks, active defense to reduce the impact of intrusion, and rapid, accurate recovery of your data. Simply put, Commvault is data, protected. For over 25 years, more than 100,000 organizations have relied on Commvault to keep their data secure and ready to drive business growth. Learn more at www.commvault.com or follow us @Commvault.
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The company was recognized among 14 vendors in the 2023 report
TINTON FALLS, NJ – September 21, 2023 – Commvault®, an enterprise data protection leader for today’s global businesses, announced that Gartner, a company that delivers actionable, objective insight to its executives and their teams, has ranked the company highest in six of the seven Use Cases in the 2023 Gartner® Critical Capabilities for Enterprise Backup and Recovery Software Solutions Report.
Released as a companion to the Gartner Magic Quadrant, the 2023 Critical Capabilities report assessed vendors based on 15 capabilities and seven Use Cases.
According to Gartner, Commvault scored highest in On-premises (4.74/5), On-premises and SaaS (4.58/5), Hybrid/Multicloud (4.76/5), Hybrid/Multicloud and SaaS (4.65/5), Disaster Recovery (4.48/5), and Ransomware Detection, Protection and Recovery (4.39/5) Use Cases. Commvault was also positioned second highest for the Data Services Use Case (4.36/5) in the report.1
“We believe that this year’s release of the Critical Capabilities report is indicative of the industry as a whole; data continues to require stronger protection across more environments. At Commvault, this is our sweet spot – delivering secure data protection for the hybrid world,” said Param Kumarasamy, Vice President of Product Management, Commvault. “We are honored to be recognized in this year’s Critical Capabilities report. The active defense, proven recoverability, and breadth of coverage we deliver to enterprise customers provides the right mix of detection, security, and recoverability capabilities to help them meet threats head-on, while enabling the lowest possible TCO.”
Commvault was also recently named a Leader for the 12th time in a row in the 2023 Gartner Magic Quadrant™ for Enterprise Backup and Recovery Software Solutions, a positioning based on the company’s “Ability to Execute” and “Completeness of Vision.”2
To learn more about why Commvault was recognized by Gartner and to read the full 2023 Gartner® Critical Capabilities for Enterprise Backup and Recovery Software Solutions Report, visit: https://www.commvault.com/gc/itleaders.
Gartner disclaimer
This Magic Quadrant report was previously published as Magic Quadrant for Data Center Backup and Recovery Solutions (2016-2017; 2019-2020); Magic Quadrant for Enterprise Backup Software and Integrated Appliances
(2014-2015); Magic Quadrant for Enterprise Backup/Recovery Software (2012-2013); and Magic Quadrant for Enterprise Disk-Based Backup/Recovery (2011).**
**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’s 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 a global leader in cloud data protection. Our industry-leading platform redefines the next generation of data protection as the only solution with comprehensive data protection, proactive data defense, advanced ransomware protection, and a single view across all your data. This lets you secure, defend, and recover your data, applications, and production workloads – on-premises, in the cloud, over SaaS, or spread across hybrid and multi-cloud environments. The result is early warning of attacks, active defense to reduce the impact of intrusion, and rapid, accurate recovery of your data. Simply put, Commvault is data, protected. For over 25 years, more than 100,000 organizations have relied on Commvault to keep their data secure and ready to drive business growth. Learn more at www.commvault.com or follow us @Commvault.
References
1. Gartner, “2023 Gartner® Critical Capabilities for Enterprise Backup and Recovery Software Solutions,” Jason Donham, Jerry Rozeman, Michael Hoeck, Nik Simpson, 18 September 2023 – 2. Gartner, Magic Quadrant for Enterprise Backup and Recovery Software Solutions, Michael Hoeck, Nik Simpson, Jerry Rozeman, Jason Donham, 7 August 2023
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Award celebrates Commvault’s delivery of modern cloud-native data protection for the hybrid cloud world
TINTON FALLS, NJ – September 21, 2023 – Commvault®, an enterprise data protection leader for today’s global businesses, announced that it has been awarded a 2023 Stratus Award for Cloud Computing and named a winner in the “Top Organizations” category for its Cloud Security Service offering. The annual business award program, led by Business Intelligence Group, highlights the companies, products, and people offering unique solutions that take advantage of cloud technologies.
A perennial leader in the industry, Commvault delivers next-generation, cloud-native data protection for the widest breadth of enterprise-grade hybrid cloud workloads – empowering customers to secure, defend, and recover their data wherever it lives. With recent innovations like immutable cloud storage, patented cyber detection, just-in-time credential management, and more, Commvault is redefining modern data protection in the cloud – pioneering new capabilities to secure data, surface threats, and accelerate incident response and recoveries.
Additionally, Commvault’s multi-layered security offers data security and protection, achieving FedRAMP High In Process status to meet the most stringent access, availability, and confidentiality standards for businesses and government agencies.
“We are honored to be recognized for excellence in cloud security services. Whether it’s our ability to monitor anomalous conditions, apply new security controls, or track user behavior, in today’s hybrid world, cloud-native data protection with proactive defense should be a given,” said Param Kumarasamy, Vice President of Product Management, Commvault. “While other vendors boast about their capabilities, Commvault actually delivers – protecting more than four exabytes of data in the cloud from the most advanced cyberthreats for the lowest TCO. Commvault is the top choice for customers seeking a platform with the widest breadth of on-premises and cloud ecosystem support, simplicity, flexibility, and security.”
“Commvault is one of the leaders in the cloud, helping to develop the infrastructure we need to store and host the data and applications driving our society,” said Maria Jimenez, Chief Nominations Officer, Business Intelligence Group. “We are so proud to recognize all of the winners in this year’s award program.”
About Commvault Commvault (NASDAQ: CVLT) is a global leader in cloud data protection. Our industry-leading platform redefines the next generation of data protection as the only solution with comprehensive data protection, proactive data defense, advanced ransomware protection, and a single view across all your data. This lets you secure, defend, and recover your data, applications, and production workloads – on-premises, in the cloud, over SaaS, or spread across hybrid and multi-cloud environments. The result is early warning of attacks, active defense to reduce the impact of intrusion, and rapid, accurate recovery of your data. Simply put, Commvault is data, protected. For over 25 years, more than 100,000 organizations have relied on Commvault to keep their data secure and ready to drive business growth. Learn more at www.commvault.com or follow us @Commvault.
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Advancing the innovative leadership and value that thousands of Commvault customers and partners trust and rely on
TINTON FALLS, NJ – September 20, 2023 – Commvault®, an enterprise data protection leader for today’s global businesses, today welcomed industry veteran Sarv Saravanan as its first Chief Customer Officer.
“Sarv joins at a pivotal time,” said Sanjay Mirchandani, Commvault President and CEO. “In today’s hybrid cloud world, customers need proactive and resilient data protection solutions that reduce complexity and deliver truly exceptional experiences. With Sarv’s leadership, we will continue to exceed these expectations.”
Saravanan has extensive experience building and driving global customer-centric development and delivery organizations. Most recently, he led Microsoft’s Global Delivery Center, which engages with the company’s biggest customers and their strategic partners to accelerate cloud transformations. Saravanan, who has a master’s in computer science from Bharathidasan University, was recognized by Zinnov for creating and mentoring industry leaders.
“In an industry facing threats that are more autonomous than ever before, customers are looking for unparalleled cyber resiliencyknow-how and an aggressive roadmap that harnesses the power of AI with the ease of SaaS,” said Saravanan. “By continuing to redefine data protection, Commvault will widen its competitive advantage while furthering its customers’ advantages.”
About Commvault Commvault (NASDAQ: CVLT) is a global leader in cloud data protection. Our industry-leading platform redefines the next generation of data protection as the only solution with comprehensive data protection, proactive data defense, advanced ransomware protection, and a single view across all your data. This lets you secure, defend, and recover your data, applications, and production workloads – on-premises, in the cloud, over SaaS, or spread across hybrid and multi-cloud environments. The result is early warning of attacks, active defense to reduce the impact of intrusion, and rapid, accurate recovery of your data. Simply put, Commvault is data, protected. For over 25 years, more than 100,000 organizations have relied on Commvault to keep their data secure and ready to drive business growth. Learn more at www.commvault.com or follow us @Commvault.
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Once again named a ‘Leader’ and ‘Outperformer’ for best-in-class BaaS experience, strong integrations, and crucial cyber resiliency features
TINTON FALLS, NJ – September 13, 2023 – Commvault®, an enterprise data protection leader for today’s global businesses, today announced that GigaOm has named the company a “Leader” and an “Outperformer” in its most recent report, the GigaOm Radar for Hybrid Cloud Data Protection for Large Enterprises.
An assessment of competing solutions, the GigaOm Radar report places Commvault in the Leaders circle of the Innovation/Platform Play quadrant, highlighting its platform-driven approach with strong integration across the portfolio, a best-in-class BaaS (Backup-as-a-Service) experience, exceptional data management capabilities, and cyber resiliency features.
“Commvault’s strong position in GigaOm’s latest Radar report reaffirms our commitment to delivering secure, efficient, and scalable data protection,” said Param Kumarasamy, Vice President of Product Management, Commvault. “With AI-driven anomaly detection, threat mitigation, and risk analysis capabilities, we help customers improve their security posture across any hybrid cloud environment.”
The GigaOm Radar Report is a forward-looking analysis that plots vendor solutions’ relative value and progression based on strategy and execution. The Radar report includes a breakdown of each vendor’s offering, highlights the key hybrid cloud data protection vendors and, according to GigaOm, equips IT decision-makers with the information to select the best fit for their business and use case requirements. GigaOm defines large enterprises as organizations with 1,000 or more employees.
GigaOm describes Commvault as having “a comprehensive hybrid cloud data protection portfolio with excellent cyber resiliency capabilities and a very broad workload support across clouds,” deeming it “well-suited for organizations with advanced data management requirements.”
“Commvault delivers a best-in-class BaaS experience with Metallic. The solution offers broad services, including excellent cyber resiliency features and regulatory compliance,” said Max Mortillaro, Analyst, Data Analytics and AI, GigaOm. “[Commvault] supports an extensive range of platforms, including multicloud, databases, unstructured data, Kubernetes, and SaaS applications, making it capable of replacing a traditional on-premises data protection solution for most use cases.”
In addition to vast support for distributed cloud workloads, GigaOm also calls attention to Commvault’s robust security capabilities, including insights and posture management tools, malware scanning, threat detection and alerting, immutable data backups, and more.
About Commvault Commvault (NASDAQ: CVLT) is a global leader in cloud data protection. Our industry-leading platform redefines the next generation of data protection as the only solution with comprehensive data protection, proactive data defense, advanced ransomware protection, and a single view across all your data. This lets you secure, defend, and recover your data, applications, and production workloads – on-premises, in the cloud, over SaaS, or spread across hybrid and multi-cloud environments. The result is early warning of attacks, active defense to reduce the impact of intrusion, and rapid, accurate recovery of your data. Simply put, Commvault is data, protected. For over 25 years, more than 100,000 organizations have relied on Commvault to keep their data secure and ready to drive business growth. Learn more at www.commvault.com or follow us @Commvault.
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TINTON FALLS, NJ – August 22, 2023 – Commvault®, an enterprise data protection leader for today’s global businesses, today announced the general availability of Commvault Platform Release 2023E which bolsters secure data protection across hybrid multi-cloud environments.
“In a landscape increasingly threatened by ransomware attacks, it is imperative for IT and security professionals to shield and secure their backup infrastructure from malicious attacks,” said Rajiv Kottomtharayil, Commvault’s Chief Product Officer. “We’re tackling this head-on by enabling customers to preemptively detect threats to their backups to reduce the potential impact and expedite recovery in the event of a compromise.”
For starters, Commvault’s cutting edge Threat Scan offering provides proactive threat detection aimed at ensuring the cleanliness, safety, and recoverability of backup data. Not only is it designed to thwart reinfections during recovery, but also to isolate threats for analysis and empowers users to promptly retrieve trusted copies of their data.
Next, Commvault has also strengthened its integration with Microsoft Sentinel and Palo Alto XSOAR to accelerate incident response times and refine its orchestration through seamless automation and holistic insights. These integrations are critical as IT and security responsibilities continue to blur.
The company is also offering SaaS customers a unique, unified vantage point. Commvault Cloud Command, a single, user-friendly interface, empowers users with real-time insights, cohesive dashboards, and actionable insights to quickly and effectively respond to threats.
Lastly, the company enhanced its integration with Dell PowerProtect DD, which enables joint customers to use Dell’s native compression, deduplication, and replication processes to streamline data management operations and optimize their overall efficiency.
These offerings and capabilities are available today. For more information, visit our website.
About Commvault Commvault (NASDAQ: CVLT) is a global leader in cloud data protection. Our industry-leading platform redefines the next generation of data protection as the only solution with comprehensive data protection, proactive data defense, advanced ransomware protection, and a single view across all your data. This lets you secure, defend, and recover your data, applications, and production workloads – on-premises, in the cloud, over SaaS, or spread across hybrid and multi-cloud environments. The result is early warning of attacks, active defense to reduce the impact of intrusion, and rapid, accurate recovery of your data. Simply put, Commvault is data, protected. For over 25 years, more than 100,000 organizations have relied on Commvault to keep their data secure and ready to drive business growth. Learn more at www.commvault.com or follow us @Commvault.
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Positioned by Gartner as a Leader in its Most Recent Report and Recognized for Completeness of Vision and Ability to Execute
TINTON FALLS, NJ – August 9, 2023 – Commvault®, an enterprise data protection leader for today’s global businesses, today announced that the company has been positioned by Gartner as a Leader in the 2023 Magic Quadrant for Enterprise Backup and Recovery Software Solutions1 with its portfolio of offerings being evaluated, including Commvault Backup & Recovery, Commvault Disaster Recovery, Commvault HyperScale X, the Metallic SaaS portfolio, and Metallic ThreatWise. The evaluation was based on specific criteria that analyzed the company’s overall Completeness of Vision and Ability to Execute.
Commvault’s modern data protection platform delivers a unified customer experience, helping them secure, defend, and recover their data on-premises, at the edge, or in the cloud. Customers rely on Commvault for the broadest support of legacy applications, modern workloads, and SaaS applications, all managed through a single intuitive platform. With Commvault, customers get enterprise-grade data protection that delivers agility and cost optimization in the hybrid world.
“Commvault is honored to be recognized as a Leader in data protection for the 12th time. From our perspective, the continued recognition makes it clear we do more than just check boxes, we are committed to delivering data protection technologies designed for the future,” said Tim Zonca, Vice President of Portfolio Marketing, Commvault. “We provide the critical data protection and security coverage required of the hybrid world, protecting and recovering data across an entire hybrid cloud estate.”
Magic Quadrant reports are a culmination of rigorous, fact-based research in specific markets, providing a wide-angle view of the relative positions of the providers in markets where growth is high and provider differentiation is distinct. Providers are positioned into four quadrants: Leaders, Challengers, Visionaries, and Niche Players. The research enables readers to get the most from market analysis in alignment with their unique business and technology needs.2
To learn more about Commvault’s identified Strengths and Cautions from Gartner and to read the 2023 Gartner Magic Quadrant for Enterprise Backup and Recovery Software Solutions report, visit: https://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 a global leader in cloud data protection. Our industry-leading platform redefines the next generation of data protection as the only solution with comprehensive data protection, proactive data defense, advanced ransomware protection, and a single view across all your data. This lets you secure, defend, and recover your data, applications, and production workloads – on-premises, in the cloud, over SaaS, or spread across hybrid and multi-cloud environments. The result is early warning of attacks, active defense to reduce the impact of intrusion, and rapid, accurate recovery of your data. Simply put, Commvault is data, protected. For over 25 years, more than 100,000 organizations have relied on Commvault to keep their data secure and ready to drive business growth. Learn more at www.commvault.com or follow us @Commvault.
1. Gartner, Magic Quadrant for Enterprise Backup and Recovery Software Solutions, Michael Hoeck, Nik Simpson, Jerry Rozeman, Jason Donham, 7 August 2023. This Magic Quadrant report was previously published as Magic Quadrant for Data Center Backup and Recovery Solutions (2016-2017; 2019-2020); Magic Quadrant for Enterprise Backup Software and Integrated Appliances (2014-2015); Magic Quadrant for Enterprise Backup/Recovery Software (2012-2013); and Magic Quadrant for Enterprise Disk-Based Backup/Recovery (2011).
Mirchandani is Redefining Modern Data Protection with a Complete Platform that Helps Customers Secure, Defend, and Recover Data
TINTON FALLS, NJ – August 1, 2023 – Commvault®, an enterprise data protection leader for today’s global businesses, announced that CRN®, a brand of The Channel Company, has named Sanjay Mirchandani, President and CEO, to its exclusive 2023 Top 25 Disruptors list. A sub-set of the Top 100 Executives, this annual list honors the passionate and hard-working technology executives who are supporting, growing, and redefining the IT channel. The executives named to this list have demonstrated their commitment to the channel and proved themselves as exemplary leaders through their innovative channel-focused strategies and initiatives.
Mirchandani and his team have advanced the data protection industry with a complete platform that brings together industry-leading software, SaaS, and security capabilities to help customers secure, defend, and recover their data, wherever it lives. Commvault offers the most comprehensive data protection platform purpose-built to protect any data across any environment, at the best TCO.
“I am thrilled to congratulate Sanjay on this latest achievement,” said Alan Atkinson, Chief Partner Officer, Commvault. “It is a testament to the entire team who work tirelessly to deliver the world-class data protection technology, tools, and support that our expanding partner ecosystem needs to innovate, compete, and grow their business.”
CRN’s Top 100 Executives list acknowledges the tech visionaries who are setting the pace for the rest of the IT industry. It honors executives across four sub-categories: the 25 Most Influential Executives, Top 25 Channel Sales Leaders, Top 25 Innovators and Top 25 Disrupters, each with its own set of strengths that impact the IT channel.
“It is the bold and decisive who continue to dominate our annual list in the technology world,” said Blaine Raddon, CEO of The Channel Company. “Those featured on our CRN 2023 Top 100 Executives list demonstrate perpetual commitment to business growth, partner success, and IT innovation and aren’t afraid to push boundaries – even in a time of economic uncertainty.”
The Top 100 Executives list will be featured in the August 2023 issue of CRN Magazine and online at www.CRN.com/Top100.
About Commvault Commvault (NASDAQ: CVLT) is a global leader in cloud data protection. Our industry-leading platform redefines the next generation of data protection as the only solution with comprehensive data protection, proactive data defense, advanced ransomware protection, and a single view across all your data. This lets you secure, defend, and recover your data, applications, and production workloads – on-premises, in the cloud, over SaaS, or spread across hybrid and multi-cloud environments. The result is early warning of attacks, active defense to reduce the impact of intrusion, and rapid, accurate recovery of your data. Simply put, Commvault is data, protected. For over 25 years, more than 100,000 organizations have relied on Commvault to keep their data secure and ready to drive business growth. Learn more at www.commvault.com or follow us @Commvault.
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Tinton Falls, N.J. – August 1, 2023 – Commvault [Nasdaq: CVLT] today announced its financial results for the fiscal first quarter ended June 30, 2023.
“We’re off to a solid start to our fiscal year, highlighted by accelerated subscription revenue momentum and continued operating discipline,” said Sanjay Mirchandani, President and CEO. “We’re excited about the opportunity ahead and remain committed to helping our customers manage the shifting demands of an ever-changing data protection market.”
Fiscal 2024 First Quarter Highlights –
Total revenues were $198.2 million, flat year over year
Total ARR1 grew to $686 million, up 15% year over year
Subscription revenue was $97.3 million, up 11% year over year
Subscription ARR1 grew to $500 million, up 32% year over year
Income from operations (EBIT) was $18.5 million, an operating margin of 9.3%
Non-GAAP EBIT2 was $43.5 million, an operating margin of 22.0%
Operating cash flow increased 74% year over year to $39.0 million, with free cash flow2 of $37.9 million
First quarter share repurchases were $51 million, or approximately 779,000 shares of common stock
Financial Outlook for Second Quarter and Full Year Fiscal 2024 –
We are providing the following guidance for the second quarter of fiscal year 2024:
Total revenues are expected to be between $193 million and $197 million
Subscription revenues are expected to be between $95 million and $99 million
Non-GAAP operating margin2 is expected to be approximately 20.0%
We are reconfirming the following guidance for the full fiscal year 2024:
Total ARR1 is expected to grow 13% year over year
Total revenues are expected to be between $805 million and $815 million
Subscription revenues are expected to be between $420 million and $430 million
Non-GAAP operating margin2 is expected to grow between 50 to 100 basis points year over year
Free cash flow2 is expected to be approximately $170 million
The above statements are based on the incorporation of actual first quarter results and current targets. 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.
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. (Download Financial Tables)
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 and noncash amortization of intangible assets 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 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 27%.
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.
Conference Call Information Commvault will host a conference call today, August 1, 2023 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 “Events” section of Commvault’s website. An archived webcast of this conference call will also be available following the call.
About Commvault Commvault (NASDAQ: CVLT) is a global leader in cloud data protection. Our industry-leading platform redefines the next generation of data protection as the only solution with comprehensive data protection, proactive data defense, advanced ransomware protection, and a single view across all your data. This lets you secure, defend, and recover your data, applications, and production workloads – on-premises, in the cloud, over SaaS, or spread across hybrid and multi-cloud environments. The result is early warning of attacks, active defense to reduce the impact of intrusion, and rapid, accurate recovery of your data. Simply put, Commvault is data, protected. For over 25 years, more than 100,000 organizations have relied on Commvault to keep their data secure and ready to drive business growth. Learn more at Commvault.com or follow us at @Commvault.
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 IA. 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.
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 licenses, 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 licenses, 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 versus prior periods.
2. A reconciliation of GAAP to non-GAAP results has been provided in Finance 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.
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Inclusion in these programs accelerates customers’ cloud migration and provides assurance that Commvault’s Backup & Recovery solution has been validated by AWS Partner Solution Architects
TINTON FALLS, NJ – July 27, 2023 – Commvault®, an enterprise data protection leader for today’s global businesses, announced an expansion of its relationship with Amazon Web Services, Inc. (AWS) by joining the AWS Independent Software Vendor (ISV) Workload Migration Program (WMP) and attaining multiple AWS Service Ready Program designations. As part of the AWS Service Ready Program, Commvault software has been validated as an AWS Graviton Ready, AWS PrivateLink Ready, and an Amazon Linux Ready Partner for its Backup & Recovery solution.
Participation in these AWS programs expands Commvault’s relationship with AWS to bring shared customers seamless access to industry-leading data protection that is designed to secure, defend, and recover their data across cloud and hybrid environments. Through the AWS WMP, customers can accelerate their migration to AWS through promotional credits and enhanced technical guidance and support. Combined with Commvault’s automated scalable and repeatable workflows, the result is a simplified, reduced-cost modernization to AWS where they can more readily take advantage of the elasticity, scale, security, and performance that it provides. And with Commvault’s broad native support for AWS services, powerful automation, and cost-optimizing capabilities, these workloads can seamlessly be protected once they’re in the cloud, simplifying cloud operations and providing protection and recoverability at a substantially lower TCO.
In addition to WMP, Commvault has attained AWS Service Ready designations for the following AWS services, passing a rigorous validation process conducted by AWS Partner Solutions Architects to ensure its solution aligns to the well-architected framework and best practices defined by AWS:
AWS Graviton Ready – enabling customers to realize the best price-performance for data management by leveraging AWS Graviton processors while also helping them meet their shared sustainability responsibilities at the same time.
AWS PrivateLink Ready – enabling customers to secure their traffic between virtual private clouds (VPCs) and on-premises without exposing data to the internet.
Amazon Linux Ready – enabling customers to leverage Amazon’s performance and security-hardened Amazon Linux to drive data protection of Amazon Elastic Compute Cloud (Amazon EC2) and other AWS services.
“For years, Commvault has offered a wide breadth of cloud native support for AWS workloads, ensuring customers’ data is secure throughout their entire cloud journey,” said Michael Fasulo, Director of Product Management, Commvault. “Today, we take that one step further by joining the AWS ISV Workload Migration Program and achieving the AWS Graviton Ready, AWS PrivateLink Ready, and Amazon Linux Ready designations. We’re working with AWS to provide modern, cost-optimized, cloud-first data protection for AWS workloads in the easiest way possible for our customers – giving them everything they need in one place.”
Commvault’s data protection platform can be found in AWS Marketplace. Select migrations qualify for promotional credits from AWS WMP. Reach out to your Commvault contact for more information.
About Commvault Commvault (NASDAQ: CVLT) is a global leader in cloud data protection. Our industry-leading platform redefines the next generation of data protection as the only solution with comprehensive data protection, proactive data defense, advanced ransomware protection, and a single view across all your data. This lets you secure, defend, and recover your data, applications, and production workloads – on-premises, in the cloud, over SaaS, or spread across hybrid and multi-cloud environments. The result is early warning of attacks, active defense to reduce the impact of intrusion, and rapid, accurate recovery of your data. Simply put, Commvault is data, protected. For over 25 years, more than 100,000 organizations have relied on Commvault to keep their data secure and ready to drive business growth. Learn more at www.commvault.com or follow us @Commvault.
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Commvault’s customers can now benefit from the simplicity, security, and scalability of Commvault’s enterprise-grade Metallic Data Protection as a Service (DPaaS) for Salesforce production and sandbox environments
TINTON FALLS, N.J. – July 13, 2023 – Commvault (NASDAQ: CVLT) today announced it has launched Metallic: Salesforce Backup, Recovery & Sandbox Seeding – Unlimited Storage on Salesforce AppExchange, providing customers with dedicated protection for their Salesforce cloud data, expanding upon native capabilities to offer extended retention, data isolation, sandbox masking and seeding, rapid recovery tools, and more. Metallic: Salesforce Backup, Recovery & Sandbox Seeding – Unlimited Storage offers broad-ranging coverage across Salesforce Sales Cloud, Financial Services Cloud, Service Cloud, and Health Cloud to help safeguard data from deletion, corruption, and ransomware attacks.
Metallic: Salesforce Backup, Recovery & Sandbox Seeding – Unlimited Storage With a multi-layered security approach, Metallic: Salesforce Backup, Recovery & Sandbox Seeding – Unlimited Storage provides enterprise-grade protection, including robust security standards and built-in zero-trust access controls for production and sandbox environments. In addition, it features ease of management with a single pane of glass approach, enabling businesses to comprehensively protect their Salesforce data alongside their other critical workloads.
“Availability on AppExchange leverages Salesforce’s central marketplace to create a fast and direct method for Salesforce developers and admins to access solutions that secure, protect, and defend their environments in the face of cyberthreats,” said Param Kumarasamy, Vice President of Product Management, Commvault. “Our solution provides the critical tools that protect these environments, as well as a wide breadth of workloads, helping customers reduce downtime and rapidly recover from attack while leveraging advanced, hardened, and proactive security controls.”
“Salesforce plays a critical role in our day-to-day operations and the potential of losing that data was too high a risk for us. We needed a solution that went beyond the standard data management package to take us to the next level of protection,” said Jason Kehl, Senior Vice President of Engineering & Data Science, Vectra. “This app was the answer. With a single platform design that makes it seamless to manage not only our Salesforce data, but all workloads across our infrastructure, as well as the highest level of security offered by any cloud-based data management solution, we can rest assured that our data is in good hands. The addition of Metallic on AppExchange means that Salesforce has thoroughly tested and approved the solution, providing another layer of confidence.”
“Metallic: Salesforce Backup, Recovery & Sandbox Seeding – Unlimited Storage is a welcome addition to AppExchange, as it accelerates business transformation for customers by delivering hardened security, robust coverage, and comprehensive control, all through a single, simplistic platform, in a data protection as a service environment,” said David Lee, Vice President of Product Management, AppExchange. “AppExchange is constantly evolving to connect customers with the right apps and experts for their business needs.”
Metallic: Salesforce Backup, Recovery & Sandbox Seeding – Unlimited Storage enables customers to learn more about this solution, watch demo videos, download product-specific resources, read reviews, register for a free 30-day trial, and more. Users can also request additional information on Metallic solutions.
About Salesforce AppExchange Salesforce AppExchange, the world’s leading enterprise cloud marketplace, empowers companies, developers and entrepreneurs to build, market and grow in entirely new ways. With more than 7,000 listings, 11 million customer installs and 117,000 peer reviews, AppExchange connects customers of all sizes and across industries to ready-to-install or customizable apps and Salesforce-certified consultants to solve any business challenge.
Salesforce, AppExchange, Sales Cloud, Financial Services Cloud, Service Cloud, Health Cloud and others are among the trademarks of salesforce.com, inc.
About Commvault Commvault (NASDAQ: CVLT) is a global leader in cloud data protection. Our industry-leading platform redefines the next generation of data protection as the only solution with comprehensive data protection, proactive data defense, advanced ransomware protection, and a single view across all your data. This lets you secure, defend, and recover your data, applications, and production workloads – on-premises, in the cloud, over SaaS, or spread across hybrid and multi-cloud environments. The result is early warning of attacks, active defense to reduce the impact of intrusion, and rapid, accurate recovery of your data. Simply put, Commvault is data, protected. For over 25 years, more than 100,000 organizations have relied on Commvault to keep their data secure and ready to drive business growth. Learn more at www.commvault.com or follow us @Commvault.
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Tinton Falls, N.J. – July 10, 2023 – Commvault (NASDAQ: CVLT) – Commvault will webcast a discussion of its first quarter fiscal year 2024 earnings results on August 1, 2023 beginning at 8:30 a.m. EST at http://ir.commvault.com.
To access the call by phone, please click on theRegistration Link and you will be provided with dial in details and a unique PIN. 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 a global leader in cloud data protection. Our industry-leading platform redefines the next generation of data protection as the only solution with comprehensive data protection, proactive data defense, advanced ransomware protection, and a single view across all your data. This lets you secure, defend, and recover your data, applications, and production workloads – on-premises, in the cloud, over SaaS, or spread across hybrid and multi-cloud environments. The result is unprecedented early warning of attacks, active defense to reduce the impact of intrusion, and rapid, accurate recovery of your data and business services. Simply put, Commvault is data, protected. For over 25 years, more than 100,000 organizations have relied on Commvault to keep their data secure and ready to drive business growth. Learn more at www.commvault.com or follow us @Commvault.
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– Latest Innovations Automatically and Intelligently Spot and Engage Cyberthreats, Minimizing Production Data Risks and Eliminating Costly Interruptions Within Five Minutes –
TINTON FALLS, NJ – June 7, 2023 – Commvault®, an enterprise data protection leader for today’s global businesses and the first data protection vendor to introduce cyber deception, announced new security capabilities across its entire portfolio. Signaling the next phase in its evolution, Commvault is helping businesses secure, defend, and recover their data to meet increasingly sophisticated cyberthreats head on. As part of these capabilities, Commvault has expanded its security ecosystem to include product integrations with Microsoft and CyberArk.
Commvault has redefined data protection to include early warning technologies that help to secure against threats before they happen, defend enterprise data if the environment is breached, and ensure recoverability so customers and their data remain resilient in the face of evolving cyber threats. The only data protection vendor with early warning, in-depth threat monitoring, and cyber deception for production and backup environments, Commvault can detect threats in as little as five minutes versus the industry average of 24 hours. Through early detection of zero-day and insider threats, Commvault technology helps protect data against breaches and cyber-attacks.
Available in Q2, Commvault’s advanced security features are managed and delivered through the simplicity of the new Commvault Cloud Command interface, providing complete visibility for better business decisions, improved security postures, and preserved data for cleaner, more efficient recoverability. These capabilities include:
Commvault Cloud Command– A single platform and UI, offering universal management for all Commvault offerings in an integrated dashboard that provides full telemetry and observability into key Commvault software indicators. Delivers health-at-a-glance, risk levels, security and recovery indicators, and beyond for Commvault investments from a single source.
Commvault Risk Analysis– Powered by machine learning (ML), Commvault Risk Analysis quarantines and protects sensitive data, giving organizations the ability to discover, analyze, and secure sensitive data to help prevent cyber exposure and potential data exfiltration.
Commvault Threat Scan– Fosters the detection of corrupted or suspicious datasets. Businesses can use Threat Scan to locate and quarantine malware and threats from backup content, and help ensure clean recoveries while decreasing the likelihood of reinfection.
Commvault Auto Recovery– Cyber analysis tool that tests recovery readiness at scale and provides a framework for forensic analysis to validate and sanitize points of recovery, aiding in the prevention of future incidents. Allows organizations to easily and securely recover workloads at scale from cyber-attacks with minimal data loss and downtime.
ThreatWise Advisor– Delivers integrated logic into Commvault backup environments to intelligently recommend decoy placement, and further harden critical workloads.
“Commvault has spent the last four years redefining and expanding the capabilities of our platform to bridge the gap between IT and security. As a result, our customers can now be on the offense, taking it to the attackers by consolidating threat defense, backup, and recovery in a way that’s never been done before,” said Sanjay Mirchandani, CEO, Commvault.
“Today we advance on our vision of enhanced data protection that establishes a seamless relationship between threat events and backups – resulting in a rapid and reliable solution for data recovery in the event of a cyber incident,” said Rajiv Kottomtharayil, Chief Product Officer, Commvault.
In the event that enterprises need to recover from an attack or outage, Commvault’s proactive and reliable recoverability across the industry’s broadest workload coverage reduces downtime and accelerates response times for business continuity.
“We love the simplicity of the Commvault dashboard. With just a few clicks, we can restore a virtual machine or backups after an attack which is vital in our line of work as a pharmaceutical company with very sensitive data,” said Paul Vries, IT Consultant, Bilthoven Biologicals. “Commvault gives us confidence that we can manage, protect, and recover data in the cloud and on-premises, even in the worst-case scenario.”
“Ransomware protection guarantees are quite in vogue and do provide important benefits,” said Phil Goodwin, Research Vice President, IDC. “However, it’s better to have rapid, certain and accurate recovery that avoids the need for a guarantee claim. Commvault is looking at the ransomware problem by seeking to avoid the costs associated with data breach downtime altogether through continuous, proactive threat monitoring and remediation. This type of approach can help stop threats before they do real damage to the bottom line. It’s pretty simple: the only path to true resiliency is through active defense backed by bullet-proof recovery.”
Protecting the most workloads requires strong technology and engineering partnerships. To that end, Commvault also announced collaborations with Microsoft and CyberArk to integrate Commvault’s technology with their respective security platforms. By expanding its security ecosystem, Commvault is helping organizations enhance their security posture through automated incident response, better collaboration, and deeper insights into the threat landscape.
Commvault and Microsoft Sentinel bi-directional integration provides an enhanced security posture and improved collaboration between backup environments and security systems. This new layer of interoperability for IT and SecOps teams delivers automated orchestration jointly across both systems for combined cyber event insights, actionable countermeasures, and optimized incident response.
“Compromised credentials continue to be the leading cause of cyberattacks and data exfiltration,” said Clarence Hinton, Chief Strategy Officer, CyberArk. “Commvault’s new integration and existing plug-ins with the CyberArk Identity Security Platform help organizations follow strong Zero Trust architecture practices, deploy rigorous lifecycle credential policies and comply with the most stringent regulations. The new secrets management integration can significantly reduce the risk of credential theft with the ability to segment credential storage away from the backup environments.”
Commvault’s latest security innovations will be available in Q2 through Commvault and its worldwide ecosystem of partners. To learn more, read today’s blog. For more information on Commvault’s integrations, visit the Supporting Technologies page.
About Commvault Commvault is a global leader in cloud data protection. Our Intelligent Data Services protect customers’ data in a difficult world. We offer a simple and unified Data Protection Platform that spans all your data – regardless of whether your workloads live on-premises, in the cloud, or spread across a hybrid environment. Commvault solutions are available through any combination of software subscriptions, integrated appliances, partner-managed offerings, or Software as a Service via our Commvault-built Metallic portfolio. Visit www.Commvault.com or follow us @Commvault.
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14 Global Honorees Showcase Success Across Company’s Channel Organization
TINTON FALLS, NJ – May 9, 2023 – Commvault, an enterprise data protection leader for the complex and mission critical hybrid environments of today’s global businesses, announced that CRN®, a brand of The Channel Company, has named 14 of the company’s top partner organization executives to the Women of the Channel list for 2023. Every year, CRN recognizes women from vendor, distributor, and solution provider organizations whose expertise and vision are leaving a noticeable and commendable mark on the technology industry.
This year’s list of honorees bring their creativity, strategic thinking, and leadership to bear in a variety of roles and responsibilities, turning their unique talents toward driving success for their partners and customers. With this recognition, CRN honors these women for their unwavering dedication and commitment to furthering channel excellence.
Kim Wyzykowski Senior Global Partner Program Manager
“The success of any partner organization and program is built on a strong foundation of talent, innovation, and strategy – skills possessed by each of Commvault’s honorees on this year’s list,” said Alan Atkinson, Chief Partner Officer, Commvault. “I am thrilled to celebrate Commvault’s women of the channel and the indelible impact they make on our partner ecosystem.”
“We are ecstatic to announce this year’s honorees and shine a light on these women for their significant achievements, knowing that what they’ve accomplished has paved the way for continued success within the IT channel,” said Blaine Raddon, CEO of The Channel Company. “The channel is stronger because of them, and we look forward to seeing what they do next.”
The 2023 Women of the Channel list will be featured in the June issue of CRN Magazine, with online coverage starting May 8 at www.CRN.com/WOTC.
About Commvault Commvault (NASDAQ: CVLT) is a global leader in cloud data protection. Our Intelligent Data Services protect customers’ data in a difficult world. We provide a simple and unified Data Protection Platform that spans all your data – regardless of whether your workloads live on-premises, in the cloud, or spread across a hybrid environment. Commvault solutions are available through any combination of software subscriptions, integrated appliances, partner-managed offerings, or Software as a Service via our Commvault-built Metallic portfolio. In addition, integrations are available for O365, Salesforce, ServiceNow, and other leading business applications. For over 25 years, more than 100,000 organizations have relied on Commvault to keep their data secure and ready to drive business growth. Visit www.Commvault.com or follow us @Commvault.
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Named an Overall Leader, Product Leader, Innovation Leader, and Market Leader for Metallic DPaaS in Analyst Organization’s Leadership Compass Report
TINTON FALLS, NJ – May 3, 2023 – Commvault, an enterprise data protection leader for the complex and mission critical hybrid environments of today’s global businesses, announced that KuppingerCole Analysts AG has positioned the company as an Overall Leader in its Leadership Compass on Cloud Backup for Ransomware Protection. Within this rating, Commvault has also been named a Product Leader, Innovation Leader, and Market Leader.
“Today’s hybrid IT environment creates additional challenges for backup and disaster recovery because of its complexity and heterogeneity, making it critical for customers to select solutions that align with their business requirements for service continuity, like resiliency, immutability, and scalability,” said Mike Small, Senior Analyst at KuppingerCole. “Commvault has the broadest environment data protection with comprehensive functionality covering multiple use cases, a range of solution delivery options, and strong security features such as multi-layered zero trust. Its Metallic Data Protection as a Service (DPaaS) should be considered by organizations looking for DPaaS as part of a comprehensive solution with ransomware protection for their hybrid IT environment.”
The KuppingerCole Leadership Compass provides an overview of the Cloud Backup for Ransomware Protection market, analyzing vendors based on innovativeness, market position, financial strength, and ecosystem, as well as their respective products and services across a range of capabilities, including security, functionality, deployment, interoperability, and usability.
Commvault’s enterprise-grade DPaaS excels in all of these categories and is championed in the report for delivering a wide range of cloud-native data protection solutions that cover a broad spectrum of workloads, including databases, endpoints, file & object, VM & Kubernetes, Microsoft 365, Microsoft Dynamics 365, Microsoft Active Directory, and Salesforce. The report also spotlights the enhanced security and compliance protection from Metallic DPaaS via its Security IQ security tools and insights, ThreatWise cyber deception technology, and Government Cloud protection.
“We are thrilled to receive recognition for our excellence in cloud backup and ransomware protection! As one of the only vendors to be highlighted for both Overall Leadership and individual components of Product, Innovation, and Market Leadership in KuppingerCole’s report, we are proud to stand out from the competition,” said David Ngo, Metallic CTO, Commvault. “At Commvault, we take pride in providing unparalleled simplicity and trust to our customers, regardless of where they are in their cloud journey. We offer the ability to back up data in any environment, from on-premises to public and private cloud, and everything in between. Our advanced security features exceed the strictest compliance standards, ensuring that our customers’ data is always safe and secure. With our extensive coverage for SaaS apps and structured and unstructured data, we remain at the forefront of cloud data protection. At Commvault, we don’t just do it, we do it better than anyone else.”
To learn more, download the full KuppingerCole Leadership Compass on Cloud Backup for Ransomware Protection on Commvault’s website.
About Commvault Commvault (NASDAQ: CVLT) is a global leader in cloud data protection. Our Intelligent Data Services protect customers’ data in a difficult world. We provide a simple and unified Data Protection Platform that spans all your data – regardless of whether your workloads live on-premises, in the cloud, or spread across a hybrid environment. Commvault solutions are available through any combination of software subscriptions, integrated appliances, partner-managed offerings, or Software as a Service via our Commvault-built Metallic portfolio. In addition, integrations are available for O365, Salesforce, ServiceNow, and other leading business applications. For over 25 years, more than 100,000 organizations have relied on Commvault to keep their data secure and ready to drive business growth. Visit www.Commvault.com or follow us @Commvault.
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