Commvault Ends Fiscal Year on a High Note with Strong Customer Momentum
Adoption of Commvault’s integrated solutions portfolio in Q4 FY 2016 driving customer growth in all regions, across a variety of industries --
Tinton Falls, N.J. – May 3, 2016 - Commvault (NASDAQ: CVLT), a global leader in enterprise data protection and information management, today announced a second consecutive quarter of customer growth and momentum fueled by the increased demand for a holistic, highly-scalable, and cost-efficient means of storing, accessing and recovering business-critical data on-premise, mobile and in the cloud.
New and existing customers that have expanded their investment into Commvault’s portfolio of data management solutions and/or services in Q4 FY 2016 include, but are not limited to, the following organizations:
•ABN Amro Clearing Bank N.V.
•Cobb County Government
•Community First Data Services
•Department of Veterans Affairs
•Dura Vermeer N.V.
•Metro Trains Melbourne
•Roswell Park Cancer Institute
•University of Oslo
•Verizon Enterprise Solutions
“With Commvault’s built-in deduplication, and snap management capabilities we saw an immediate reduction in our data footprint which will lower storage costs, reduce network traffic and enable us to manage critical data while meeting Disaster Recovery, regulatory and security requirements we previously had difficulty to accomplish,” said Joel Maag, technology operations manager, Clinicient. “Commvault’s open data platform and key technology partnerships eliminated any concerns we had about vendor lock-in. Integration with providers like Microsoft, Pure Storage and others gives us the flexibility to choose any third-party solution we need to meet business requirements, drive new efficiencies and achieve greater performance in our IT operations.”
“After the successful implementation of the Commvault email archive solution it was a logical step to also use Commvault to manage the central backup processes as well,” said Andreas Kranabitl, CEO at SPAR ICS. “Thanks to the seamless integration of all modules, all requirements of a modern data management process on one platform were met. The holistic project management and the professional migration managed by the Commvault team allowed us to keep the ambitious time frame and to successfully complete the projects.”
Today’s announcement of customer additions in Q4 2016 follows the recent release of new innovations to the Commvault Data Platform, which further enable customer choice, help eliminate vendor lock-in, and facilitate increased data portability while extending the platform’s value to a larger range of applications and software ecosystems for customers, partners and third-party software developers. The new capabilities represent the latest wave of innovation to the company’s integrated solutions portfolio -- which includes the Commvault Data Platform, Commvault Software and Commvault services. The 11th version of Commvault’s solution portfolio was first released in October of 2015.
“We are proud to end the quarter and our fiscal year with strong customer momentum and adoption of the Commvault Data Platform and next generation software,” said N. Robert Hammer, chairman, president and CEO of Commvault. “Clearly, organizations across the world have embraced the innovations we have brought to market in the past two quarters and we couldn’t be more pleased with the industry reaction. Moving forward, we are fully committed on building on our success of our integrated solutions portfolio to help customers turn their data into a strategic asset while unlocking critical business insights leading to their success.”
For more information on how to become a Commvault customer, please visit: www.commvault.com
About the Commvault Data Platform and Commvault Software
The 11th version of Commvault’s integrated solutions portfolio – comprised of Commvault Software, the Commvault Data Platform, and Commvault Services -- 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. Commvault Software is 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 third 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 www.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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