TINTON FALLS, N.J., May 26, 2015 /PRNewswire/ -- (NASDAQ: CVLT) -- Addressing growing security concerns about the broad range of documents, presentations, emails and spreadsheets being spread inside and outside of companies using file sync and share solutions, Commvault today announced new capabilities to help business users more safely store, access and share files virtually anywhere. With the expansion of capabilities within its Endpoint Data Protection Solution Set, Commvault offers businesses an enterprise file sync and share (EFSS) solution that provides a smart complement, and/or alternative, to existing solutions by adhering to corporate data management best practices so that sensitive data remains secure in compliance with business requirements.
While the increasing use of file sharing services like OneDrive and Dropbox is driving new levels of collaboration in the enterprise, it comes with a cost: these files and the data within them are not backed-up, and not subject to the same data management disciplines considered routine in enterprise environments. As a result, CIOs, compliance and risk officers, and general counsels are increasingly concerned about meeting legal and compliance requirements as users share data in and out of the enterprise. With the launch of Commvault File Sharing, organizations now have a secure solution that brings data fully under IT control for the most security sensitive use cases, without trading off usability, as a holistic, end-to-end solution delivering comparable features, functionality and ease of use as other solutions on the market. By having a user's data stored in a secure repository accessible via any web browser or mobile device, enterprises using Commvault File Sharing are able to meet stringent regulatory and data governance requirements.
Commvault also announced the availability of Edge Drive™, a new feature within Commvault File Sharing, which delivers a virtual folder that acts as a "personal cloud" for real-time sharing across mobile devices and through a web console, providing universal access for file sharing and collaboration. Edge Drive captures data from various sources, including other EFSS solutions, assuring seamless data protection and governance, without sacrificing usability, functionality or flexibility.
"It's no secret that IT is losing its grip on corporate data through the combination of poor data governance and an increasing reliance on less secure file sharing solutions," said Rama Kolappan, senior director and head of Commvault's Information and Mobility Management Business Unit. "Through Commvault File Sharing and our new Edge Drive feature, users now have the freedom to share, collaborate and be productive from virtually anywhere in the world without any tradeoffs in security and compliance. As an established leader in back-up and information management, we are proud to be able to give enterprises a 'best of both worlds' solution that doesn't cut corners in file synchronization, sharing, usability and just as importantly, data governance and security."
Recognizing the broad adoption of existing file sync and share solutions in the market, Commvault Endpoint Data Protection Solution Set can also be used to complement and reduce the risk of existing cloud services by assuring that the data shared through OneDrive, Dropbox and others is visible to IT, secured and backed up, and fully searchable for use by end users and for eDiscovery.
"Commvault File Sharing and its Edge Drive™ feature fit in line with the market demand for secure, scalable collaboration platforms that enable end-users to easily share content worldwide between employees and nonemployees while meeting IT's protection, recovery, and compliance requirements," said Liz Conner, Research Manager, IDC. "As a result, Commvault is helping to bring control back to organizations with secure sharing and collaboration capabilities that add strategic value to its core endpoint data protection solution set."
Leveraging a unique and differentiated single-platform architecture, businesses gain value from a range of features and capabilities, including:
- A fully-integrated solution for endpoint data backup, recovery, access, security, file sharing and data loss prevention.
- Flexibility in deployment options including on premises, hybrid or in the cloud (and via partners for managed or hosted solutions).
- Unique security and compliance benefits with enterprise-wide search and discovery of datacenter and endpoint data.
- Insights into file type, size and age to make more informed business decisions regarding data and information management.
- Increased security and usability to mobile devices, including features such as end-user search of protected data, that also improves mobile productivity.
- The ability to sync content across all of a user's devices.
- An easy way to browse, download, manage, and restore files from the Edge Drive folder to a local device.
- Seamless sharing of files and folders from the Edge Drive folder with other users via the web or mobile app.
- Enterprise-grade security so data is encrypted at source, in transit and at rest.
- Administrative control to manage policies and permissions for all users at scale.
Unlike many file share solutions that require the additional cost and integration efforts of third-party tools to make data searchable from multiple data silos for events such as litigation and audit, Commvault's latest file sync and share capabilities enable enterprise-wide search on a comprehensive data set for compliance and eDiscovery, including integrated legal hold. Hosted in the ContentStore, Commvault's unique single, fully-integrated data repository, files can be accessed by both internal and external users to foster productivity and collaboration without relinquishing ownership of the data or introducing new solutions. This centralized approach to data management is especially relevant in highly-regulated industries such as financial services and healthcare where having compliance, eDiscovery and security measures in place is extremely critical.
Commvault File Sharing with the new Edge Drive™ feature is available now and is licensed per user.
About Commvault Endpoint Data Protection Solution Set
Commvault Endpoint Data Protection Solution Set is a complete offering for endpoint data backup, recovery, access, security, data loss prevention, analytics, eDiscovery & compliance and file sync and share. By protecting data stored on endpoints as well as providing visibility into data residing in file sync and share solutions, Commvault enables IT to have holistic control of corporate data. Security features such as file level encryption, remote wipe, geolocation, single sign-on and two factor authentication help organizations reduce risk of data loss or breach. Once information is collected into a centralized virtual repository, the data can be used for analytics and enterprise-wide search to meet eDiscovery and compliance needs. In addition to reducing cost and risk, Commvault's solution also enhances user productivity through secure file sync and share.
About Commvault A singular vision — a belief in a better way to address current and future data management needs — guides Commvault in the development of Singular Information Management® solutions for high-performance data protection, universal availability and simplified management of data on complex storage networks. Commvault's exclusive single-platform architecture gives companies unprecedented control over data growth, costs and risk. Commvault's Simpana® software suite of products was designed to work together seamlessly from the ground up, sharing a single code and common function set, to deliver superlative Data Protection, Archive, Replication, Search and Resource Management capabilities. More companies every day join those who have discovered the unparalleled efficiency, performance, reliability, and control only Commvault can offer. Information about Commvault is available at http://www.commvault.com. Commvault's corporate headquarters is located in Tinton Falls, New Jersey in the United States.
- Commvault Endpoint Data Protection Press Release
- Commvault Endpoint Data Protection Overview
- IDC: Critical Need for Edge Data Protection
- Data Loss Prevention Solution Brief
- Commvault Edge Endpoint Data Protection Fact Sheet
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Safe Harbor Statement Customers' results may differ materially from those stated herein; Commvault does not guarantee that all customers can achieve benefits similar to those stated above. 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 and others. 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. The development and timing of any product release as well as any of its features or functionality remain at our sole discretion.
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