TINTON FALLS, N.J., Aug. 7, 2017 /PRNewswire/ -- Commvault (NASDAQ: CVLT), a global leader in enterprise backup, recovery, archive and the cloud, today announced it was positioned by Gartner, Inc. in the Leaders quadrant of the recently released Magic Quadrant for Data Center Backup and Recovery Solutions. Among Leaders, Gartner positioned Commvault furthest on completeness of vision. This is the seventh consecutive year Commvault has been named a leader in Gartner's market evaluation for backup and recovery.
According to the report, "Gartner provides analysis and evaluation of the leading data center backup solution vendors that offer a range of traditional to innovative availability capabilities."
"We feel this recognition by Gartner is a validation of our innovation and unparalleled customer service for the seventh straight year and is great news for Commvault and for our customers and partners," said N. Robert Hammer, chairman, president and CEO, Commvault. "We believe our much simpler, easier-to-use solutions enabled by our new, comprehensive UX, and our competitive, flexible pricing models built on the powerful Commvault Data Platform, are driving our building market momentum and leadership. We believe our industry leading automation, data portability and unparalleled functionality in the cloud have established Commvault as the leader as enterprises journey to the cloud. I want to thank our employees, partners and customers for their passion, innovation and execution, which has allowed us to realize our vision of delivering solutions not only for classic recovery use cases but also as an effective weapon battling ransomware, GDPR, and for broad data management."
The new report also states that "many companies are willing to adopt new technologies and products from new vendors, and they have shown an increased willingness to augment or even completely switch backup and recovery providers to better meet their increasing service-level needs, overall cost requirements and ease of management needs."
Commvault established a leadership position in the data management market by directly addressing enterprises' evolving data backup and recovery needs with innovative solutions that allow them to move data to the cloud, avoid vendor lock in and quickly scale to support rapid growth. Examples of Commvault's leadership include:
- Comprehensive and leading public cloud support.
- The industry's broadest snapshot support without custom scripting.
- Flexible pricing and packaging options.
- Industry leading customer support.
- An expansive list of supported hypervisors, big data support and database protection, providing enterprises flexibility for future technology decisions in other areas of their IT environment.
- End-to-end coverage for traditional physical and on-premises applications.
- Orchestration capabilities to enable the migration of whole applications to the cloud.
- New, user-based UI's to improve end user experience and time to value.
Enterprises' data backup and recovery requirements continue to rapidly evolve as data becomes increasingly central to success in the digital economy, ransomware attacks grow in volume and sophistication, and enterprises accelerate their move to the cloud. For example, according to Gartner:
- By 2021, 50 percent of organizations will augment or replace their current backup application with another solution, compared to what they deployed at the beginning of 2017.
- By 2020, 30 percent of large enterprises will leverage snapshots and backup for more than just operational recovery (e.g., disaster recovery, test/development, DevOps, etc.), up from less than 15 percent at the beginning of 2017.
- By 2020, the number of enterprises using the cloud as a backup target will double, up from 10 percent at the beginning of 2017.
- By 2019, despite increasing effectiveness of countermeasures, successful ransomware attacks will double in frequency year over year, up from two to three million in 2016.
For more information and a full copy of the July 2017 Magic Quadrant for Data Center Backup and Recovery Software, please visit: www.commvault.com/itleaders
Commvault executives, customers, partners and other thought leaders will gather to speak on enterprises' evolving backup and recovery requirements and other key data management issues at Commvault GO 2017, the industry's leading event dedicated to protecting and activating data, Nov. 6-8, 2017 in Washington, D.C.
More about Gartner's Magic Quadrant
According to Gartner, Magic Quadrant Leaders have "the highest combined measures of ability to execute and completeness of vision. They have the most comprehensive and scalable product portfolios. They have a proven track record of established market presence and financial performance. For vision, they are perceived in the industry as thought leaders, and have well-articulated plans for enhancing recovery capabilities, improving ease of deployment and administration, and increasing their scalability and product breadth. A fundamental sea change is occurring in the backup and recovery market. For vendors to have long-term success, they must plan to address the legacy requirements of traditional backup and recovery, while looking to expand their integration with and exploitation of emerging applications, hypervisors, snapshot and replication technologies, and public cloud capabilities. A cornerstone for Leaders is the ability to articulate how new requirements will be addressed as part of their vision for recovery management. As a group, Leaders can be expected to be considered part of most new purchase proposals and to have high success rates in winning new business. This does not mean, however, that a large market share alone is a primary indicator of a Leader. Leaders are strategic vendors, well-positioned for the future, having established success in meeting the needs of upper midsize and large data centers."
Gartner does not endorse any vendor, product or service depicted in its 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.
Commvault is a leading provider of cloud data management solutions, helping companies worldwide activate and drive more value and business insight out of their data 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 2,700 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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