TINTON FALLS, N.J., Oct. 20, 2015 /PRNewswire/ -- Outlining its vision for next generation data management, Commvault (NASDAQ: CVLT) today identified a series of emerging customer needs facing CIOs and technology and business leaders as they face the challenges of rapidly changing technology, tightening resource requirements, and ever-expanding volumes of data. Commvault, a global leader in enterprise data protection and information management, also outlined the Principals of Modern Data Management that should be the minimum requirements found in a modern, holistic data management solution. The Principals were validated in an IDC Spotlight.1
The emerging customer needs and the Principals of Modern Data Management were introduced as part of a slate of news announcements from Commvault as the company unveiled the latest generation of its renowned data protection and information management portfolio.
New Customer Needs Emerging from IT Mega-Trends
Commvault recognizes that data conversations have been changing as customers deal with long accepted mega trends like the move to the cloud, increasing demands for security and compliance, anywhere computing, and the explosive growth of data. These trends have drastically reshaped the IT industry and data management. With continued market innovations in storage, cloud, and hyper converged infrastructures, Commvault has identified six key new customer needs that are increasingly the focus of CIOs and technology leaders:
"Commvault's unique insight into customer requirements comes from our sole focus on data protection and information management, assuring a singular focus on helping customers gain insight and value from their data even in the face of a rapidly changing and disruptive technology market," said N. Robert Hammer, chairman, president and CEO of Commvault. "As data growth keeps expanding, users now demand modern protection methods that can span the data center to the cloud to mobile users, offering recovery and lifecycle management against indexed data to expand reuse. A true trusted partner for customers is one that not only can address today's business and technology needs, but also one with a clear vision of what's next and shape a path forward for customers – Commvault is that partner."
Commvault's early visibility into these customer requirements helped guide its engineering and product management teams as they shaped the development of the company's eleventh major software release. Many of the innovative features and functionality of the new Commvault Software and Commvault Data Platform were designed to directly address these emerging customer needs, while also advancing a solutions portfolio which has continued to receive accolades from customers and industry analysts for vision, capabilities and execution.
For example, new recovery mandates for an "always on, always available" approach resulted in a true Commvault differentiator in the new capability to immediately present any copy of data resident in the Commvault platform as natively readable from its storage-optimized state. Commvault innovation means that there is no longer any need to rehydrate, reconstitute, or un-dedupe/encrypt to get access to traditional secondary copies, and eliminating the need for empty storage systems dedicated only to these tasks. This virtually eliminates downtime by providing faster time to data, while reducing infrastructure costs by shrinking the number of needed secondary copies.
"Commvault has given us the assurance to seamlessly take the next step to embrace disruptive technologies while reducing cost and risk for the business," said Richard Cohen, Chief Information Officer, PFD Food Services. "Food distribution is a fast and often unforgiving business; there is a narrow window to match supply and demand, while the market is fiercely competitive. Information plays a strategic role in ensuring we maintain our competitive edge and with Commvault we have the ability to continue to modernise and streamline the management of our critical information assets."
The Principals of Modern Data Management
Leveraging more than 15 years of experience assisting customers to successfully meet their data protection opportunities, combined with its unique perspective on emerging trends and technologies that are shaping the next generation of data management, Commvault has identified a set of basic requirements that must be met to deliver a true, holistic solution for customers. The Principles were developed after reviewing hundreds of customer comments, executive briefings, and interactions.
Commvault then commissioned IDC, one of the world's leading industry analyst and research companies, to validate these findings. The results are summarized in an IDC Spotlight, which makes the case for these minimum requirements, as well as validating the underlying emerging customer needs that are shaping next-generation data management requirements. In another research paper, IDC states: "As enterprises and consumers digitize their paper clutter, they find themselves in the midst of a data ocean — an ocean in which information access is a crucial part of day-to-day operations. Furthermore, ensuring that the right type and quality of data is preserved and available when necessary has now become a mandatory requirement for any organization seeking to thrive in today's digital world."2
Calling it the Principals of Modern Data Management, Commvault said these seven principals should form the "must have" checklist for any customer looking to advance their data management strategy to be prepared for the future:
"While careful vetting of vendors to address the challenges that end users face today around data protection and availability is key to any purchasing decision, it is not enough," said Phil Goodwin, Research Director at IDC. "Customers must have a forward vision of the market, work with their vendors to ensure that such technologies move through a predictable evolution of investment and plot where those technologies are in their life cycle. We share the Commvault view point that providing end users with a checklist of requirements to achieve optimal data protection may help ensure customers are prepared to address the IT challenges of both today and tomorrow."
About the Commvault Data Platform and Solutions Portfolio
The eleventh version of Commvault solutions portfolio is uniquely positioned to help customers activate their data by accelerating the transformation from legacy data management to a modern data environment to unlock critical business insight and drive new value from customers' technology investments. The Commvault solutions portfolio is comprised of an industry-leading product offering in the areas of data protection and recovery, cloud, virtualization, archive, and file sync and share that addresses evolving market trends, growth areas, and customer use cases. The Commvault Data Platform is open and standards-based, helping customers better leverage data, improve IT operations, and enabling 3rd party innovation.
Commvault is a leading provider of data protection and information management solutions, helping companies worldwide activate their data to drive more value and business insight and to transform modern data environments. With solutions and services delivered directly and through a worldwide network of partners and service providers, Commvault solutions comprise one of the industry's leading portfolios in data protection and recovery, cloud, virtualization, archive, file sync and share. Commvault has earned accolades from customers and third party influencers for its technology vision, innovation, and execution as an independent and trusted expert. Without the distraction of a hardware business or other business agenda, Commvault's sole focus on data management has led to adoption by companies of all sizes, in all industries, and for solutions deployed on premise, across mobile platforms, to and from the cloud, and provided as-a-service. Commvault employs more than 2,000 highly skilled individuals across markets worldwide, is publicly traded on NASDAQ (CVLT), and is headquartered in Tinton Falls, New Jersey in the United States. To learn more about Commvault — and how it can help make your data work for you — visit commvault.com.
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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1 IDC Market Spotlight, sponsored by Commvault, The Principals of Data Management, October 19, 2015.
2 International Data Corporate, Prioritizing Data Protection and Availability Technologies, Phil Goodwin, Eric Sheppard, Liz Connor, Ashish Nadkarni, July 2015