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Veeam Partners with ServiceNow to Power Data Resilience Processes and Workflows
Businesswire· 2025-12-09 14:05
Core Insights - Veeam Software has launched the Veeam App for ServiceNow, which integrates Veeam Data Platform's data protection capabilities into ServiceNow workflows, enhancing data management and automation [1][3][4] Group 1: Product Features - The Veeam App for ServiceNow provides bi-directional, policy-driven backup and recovery orchestration, ensuring full auditability and real-time status synchronization [1][7] - It allows users to monitor, orchestrate, and automate Veeam-powered data protection tasks directly within the ServiceNow AI Platform [3][4] - The solution is designed to support organizations in highly regulated sectors such as manufacturing, healthcare, pharmaceuticals, and finance [4][6] Group 2: Benefits and Capabilities - The integration simplifies operations, accelerates recovery, and prepares organizations for audits in a complex regulatory environment [2][4] - It enables decentralized backup management, streamlined incident response, and enhanced visibility while maintaining enterprise-grade security [4][6] - Features include automated compliance documentation, real-time status updates, and reduced manual intervention for faster incident resolution [7] Group 3: Availability and Target Audience - The Veeam App for ServiceNow is available for free to Veeam Data Platform Advanced and Premium edition customers through the ServiceNow Store [7] - Veeam serves over 550,000 customers globally, including 82% of the Fortune 500, emphasizing its leadership in data resilience [10]
Veeam and HPE Extend Strategic Partnership and Unveil Next-Gen Data Protection to Supercharge Enterprise Resilience
Businesswire· 2025-12-03 08:10
Core Insights - HPE and Veeam have launched integrated solutions aimed at enhancing data resilience for modern enterprises [1] Company Developments - The collaboration between HPE and Veeam focuses on providing simplified data protection solutions [1] - These solutions are designed to empower enterprises in managing their data more effectively [1] Industry Trends - The emphasis on data resilience reflects a growing need for businesses to safeguard their information in an increasingly digital landscape [1]
2025's Leading Backup and Availability Solutions Ranked by Info-Tech Research Group for Data Protection and Resilience
Prnewswire· 2025-11-28 20:44
Core Insights - Info-Tech Research Group has released the 2025 Backup and Availability Data Quadrant Report, identifying the top six solutions for data protection and business continuity based on end-user feedback [2][5]. Group 1: Report Overview - The report highlights the importance of Backup and Availability solutions in protecting data and ensuring operational continuity as data volumes grow and downtime costs increase [3][5]. - The evaluation methodology includes user feedback on likelihood to recommend, feature scores, and vendor capabilities, resulting in a Composite Score (CS) that reflects overall user satisfaction [4]. Group 2: Top Solutions - The top-rated solutions in the 2025 Backup and Availability quadrant include: - MSP360 Managed Backup with a CS of 9.0, noted for its backup automation feature [8]. - Microsoft Azure Backup, also with a CS of 9.0, recognized for its dual authorization feature [8]. - AWS Backup with a CS of 8.9, praised for its virtual machine backup capability [8]. - Veeam Data Platform with a CS of 8.8, highlighted for its AI-enhanced predictive backup [8]. - Dropsuite Email Backup with a CS of 8.8, noted for its deduplication implementation feature [8]. - Acronis Cyber Protect Cloud with a CS of 8.8, recognized for its ease of implementation [8]. Group 3: Industry Context - The report emphasizes the need for organizations to maintain reliable backups and quick recovery processes, especially in uncertain times, to enhance data resilience and operational reliability [7]. - The findings reflect a shift towards mature data resilience practices, indicating the evolving demands of enterprises in the context of data management and recovery [7].
Q&A: Alfa on meeting rising regulatory demands on cloud resilience
Yahoo Finance· 2025-09-10 15:43
Core Insights - The overall strategy of the company emphasizes resilience against potential cyber threats and operational disruptions, with a focus on evolving backup strategies to enhance incident preparedness [1][4] - Regulatory frameworks such as DORA and EBA/PRA are reshaping the operational resilience requirements for banks and lenders, mandating rigorous risk management and continuous monitoring of outsourced digital services [3][7] Group 1: Data Guardian and Backup Strategies - Data Guardian is a critical component of the company's strategy, designed to provide resilience against various foreseeable incidents, including cyber attacks and regional outages [1][4] - The company has implemented a triple shield data protection strategy, which includes immutable retention policies to manage data optimally and reduce compliance risks [9][10] - The architecture of Data Guardian supports multi-cloud and multi-region deployments, allowing clients to meet data residency requirements while benefiting from the SaaS platform [8][12] Group 2: Regulatory Compliance and Risk Management - Compliance with evolving regulations such as GDPR, DORA, and EBA/PRA is essential for financial professionals, necessitating transparency and rigorous verification of outsourced suppliers [3][7] - The company emphasizes the importance of providing customers with Software Bill of Materials (SBOM) and vulnerability information to enhance understanding of the software supply chain [15] - Regular scenario-based resilience testing and direct supervisory oversight for critical providers are mandated under the new regulatory guidelines to ensure business continuity [3][12] Group 3: Security and Integration - The company employs a security-first approach in developing new features, focusing on authentication, authorization, and zero-trust techniques to protect data [10][11] - Integration with existing data architectures is facilitated through REST APIs and streaming technologies, ensuring secure yet transparent access to data [11][12] - The partnership with AWS is leveraged to enhance the security and scalability of the platform while maintaining flexibility in deployment options [12][16]
Commvault Unveils Clumio Backtrack for Amazon DynamoDB, Reshaping Cloud-Native Database Recovery and Resilience
Prnewswire· 2025-07-23 12:30
Core Insights - Commvault has launched Clumio Backtrack for Amazon DynamoDB, enabling near-instant data recovery for organizations using this popular NoSQL database [1][4] - The new offering allows for granular recovery, enabling teams to restore individual partitions rather than entire tables, significantly reducing recovery times and costs [4][5] - Clumio Backtrack is positioned as an industry-first solution that enhances operational efficiency and minimizes downtime for organizations managing complex data environments [4][5] Company Overview - Commvault is recognized as a leader in cyber resilience and data protection solutions, serving over 100,000 organizations globally [9][10] - The company aims to provide the lowest Total Cost of Ownership (TCO) while ensuring rapid recovery and robust data security across various workloads [10] Product Features - Clumio Backtrack for DynamoDB allows teams to revert tables to a prior point in time without reconfiguration, streamlining the recovery process [4][5] - The solution employs an "incremental forever" backup model, which enhances recovery speed and precision compared to traditional full backup methods [4] - Clumio Backtrack is now available globally through the AWS Marketplace, with a consumption-based pricing model [7] Industry Context - Amazon DynamoDB is a critical technology for cloud-first development teams, particularly for applications requiring high scalability and low latency [2][5] - The introduction of Clumio Backtrack addresses the growing need for data resilience and availability, particularly in the context of agile development and AI-driven applications [5][6]
AvePoint Announces First Quarter 2025 Financial Results
Globenewswire· 2025-05-08 20:05
Core Insights - AvePoint reported strong financial results for the first quarter of 2025, with total revenue of $93.1 million, reflecting a 25% year-over-year growth, and SaaS revenue of $68.9 million, which is a 34% increase year-over-year [1][5][19] - The company aims to become the world's leading data management software company and is targeting a billion-dollar ARR by 2029, driven by AI-driven data management strategies [2][5] Financial Performance - Total revenue for Q1 2025 was $93.1 million, up 25% from Q1 2024, with SaaS revenue at $68.9 million, a 34% increase [1][5] - GAAP gross profit was $69.2 million, compared to $54.1 million in Q1 2024, with a non-GAAP gross profit of $69.8 million [5][19] - GAAP operating income was $3.3 million, a significant improvement from a loss of $(3.2) million in Q1 2024, while non-GAAP operating income was $13.4 million [5][19] - Cash and cash equivalents stood at $351.8 million as of March 31, 2025 [5][21] Key Performance Indicators - Annual Recurring Revenue (ARR) reached $345.5 million, representing a 26% year-over-year growth, with an adjusted growth of 28% when accounting for foreign exchange [5][19] - The dollar-based gross retention rate was 89%, while the dollar-based net retention rate was 111% [5][19] - The company completed the acquisition of Ydentic to enhance its offerings for Managed Service Providers (MSPs) [5][19] Business Highlights - AvePoint launched the next generation of AvePoint Elements to automate insights and secure data for MSPs [5][19] - New data security solutions for Google were released, expanding multi-cloud protection capabilities [5][19] - The existing Share Repurchase Program was renewed for an additional three years, allowing for the purchase of up to $150 million of common stock [5][19]