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JOHANNESBURG, SA – 30 July 2015 – /BackupReview.info/ – A close-knit partnership between open source (OS) software supplier Obsidian Systems and global developer and provider of data protection software and cloud solutions Attix5 has resulted in unprecedented levels of data protection and backup for clients.

Recognised as leaders in their respective markets, Obsidian Systems and Attix5 have combined expertise, technology and market knowledge to add significant value to clients.

As an Attix5 partner, Obsidian Systems is able to provide cutting-edge Attix5 disaster recovery and backup solutions to its clients.

Attix5 products are ideally suited to data centres, ISPs, remote sites and mobile users. The value proposition is based on a set of key advantages, including security, simplicity, monitoring and efficiency.

Attix5 Pro scored 100% in various independent security audits, a single installation with network/Internet access, updates via customisable HTML Web pages or e-mails, suitable for any network or hardware on all major operating systems, as well as incremental backups.

Obsidian is positioned to help all sized operations acquire and integrate solutions that make a difference to operations.

“Attix5 has an extensive portfolio of recognised solutions, including Attix5 Dynamic, Pro and VMBAK, that we have access to and can help clients bring on board to ensure effective protection. Attix5 has selected to partner with us based on our track record, our knowledge and expertise, as well as our knowledge of fast-growth areas like open source – which continues to gain traction in established and emerging markets,” says Muggie van Staden, MD at Obsidian Systems.

Obsidian Systems’ experience with technology platforms and the advent of trends like the cloud, make it a formidable partner – particularly in light of the growth in status of the Attix5 Titanium Appliance.

This is an onsite hybrid cloud backup and recovery solution that enables the user to backup all desktops, laptops, and servers on a single onsite device, with no additional cost of licences.

“This allows the user to back up data from multiple branches to a single, secure, onsite backup location. It typifies the extent to which backup and recovery has advanced and the benefits that clients can leverage off. We have partnered with Obsidian to expose our solutions to new and growing businesses in numerous verticals,” said Robert Kellerman, Marketing Manager, Attix5.

Attix5
Since being established in 1999 by a group of IT enthusiasts who tried to send large volumes of encrypted data down a very slow narrowband dial-up line, cloud and security have been part of its DNA. The company has grown from there to become a market leader, providing rock solid data protection and recovery solutions to SMEs and listed enterprises around the world. Its aim is to ensure data protection and recovery for stress-free business continuity.

Editorial Contacts
Attix5
Robert Kellerman
Marketing Manager
(011) 575 0134
robert@attix5.com

Rubicomm
Gloria Malan
(082) 340 2876
gloria@rubicomm.co.za

Source: Attix5

 

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DURHAM, NC – July 30, 2015 — /BackupReview.info/ — When your servers fail, a quick return to service can keep a minor setback from becoming a total disaster. In their datacenter, Principled Technologies (PT) tested Veritas NetBackup 7.6 and compared its performance to a leading competitor. PT found that the Veritas solution consistently backed up VMs faster than the competition-and offered additional options to help make your backups better for your IT staff and less inconvenient for your users.

To learn more about how Veritas NetBackup 7.6 can improve your backup experience, read the full report at facts.pt/1GP2xPk

About Principled Technologies, Inc.
Principled Technologies, Inc. is the leading provider of technology marketing and learning & development services. Principled Technologies, Inc. is located in Durham, North Carolina, USA.

For more information, please visit www.principledtechnologies.com

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Company Contact
Principled Technologies, Inc.
press@principledtechnologies.com
www.principledtechnologies.com

Address:
Principled Technologies, Inc.
1007 Slater Road, Suite #300
Durham, NC
USA, 27703

Source: Principled Technologies

 

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NORWALK, Conn. – July 30, 2015 — /BackupReview.info/ — Fierce Telecom, a leading on-line trade publication covering the telecommunications industry, has included two top Frontier Communications executives in its 6th annual Women in Wireline feature.

Kathleen Q. Abernathy, Executive Vice President of External Affairs, was among the “2015 Influential Women in U.S. Wireline;” Cecilia K. McKenney, Executive Vice President and Chief Customer Officer, was included among the “Women to Watch” in the industry.

Abernathy, a former commissioner of the Federal Communications Commission, joined the company in 2010 as it was expanding into new markets and is playing a key role in the acquisition of Verizon wireline assets in California, Florida and Texas.

McKenney leads Frontier Secure, which provides computer security, cloud back-up, identity protection and technical support, a growth area for Frontier in the years ahead.

About Frontier Communications
Frontier Communications Corporation (NASDAQ: FTR) offers broadband, voice, video, wireless Internet data access, data security solutions, bundled offerings, specialized bundles for residential customers, small businesses and home offices and advanced communications for medium and large businesses in 28 states. Frontier’s approximately 18,200 employees are based entirely in the United States. More information is available at www.frontier.com.

Full Article: Women in Wireline 2015: U.S. Leaders Shaping Telecom Services, Innovation, and Policy - http://goo.gl/Q80m5O

Contact
Frontier Communications Corporation
Brigid M. Smith
203-614-5042
brigid.smith@ftr.com

Source: Frontier Communications

 

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Report finds mobile malware growth almost 3-fold in Q2, and cyberespionage attacks target SMB companies

WOBURN, MA – July 30, 2015 — /BackupReview.info/ — Kaspersky Lab has published its Q2 cyber threats report highlighting key security incidents of the quarter and evaluating the Q2 cyber threat level. 51 percent of Web-born attacks blocked by Kaspersky Lab products were launched from malicious Web resources located in Russia. Followed closely by the USA, the Netherlands, Germany, France, Virgin Islands, Ukraine, Singapore, the UK and China.

Mobile threats

  • 291,800 new mobile malware programs emerged in Q2, which is 2.8 times greater than in Q1 of 2015.
  • There were 1 million mobile malware installation packages in Q2, which is seven times greater than in Q1 of 2015.

Mobile banking has remained a main target for mobile threats, especially Trojans. The Kaspersky Lab Q1 of 2015 report mentioned Trojan-SMS.AndroidOS.OpFake.cc, which was capable of attacking no less than 29 banking and financial applications. The Trojan’s latest version that emerged in Q2 is now capable of attacking 114 (four times more) banking and financial applications. Its main goal is to steal the user’s login credentials with which to attack, among others, several popular email applications.

Attacks on the Web: financial threats

  • There were 5,900,000 notifications about attempted malware infections to steal money via online access to bank accounts – this is 800,000 notifications lower than in Q1.

In Q2 of 2015, Singapore took the lead in the percentage of Kaspersky Lab users attacked by banking Trojans with 5.3 percent. It was followed by Switzerland (4.2%), Brazil (4%), Australia (4%) and Hong Kong (3.7%). Noticeably, most countries in the top 10 list are technologically advanced and have a developed banking system, which draws the attention of cybercriminals.

Financial threats are not just limited to banking malware programs that attack the clients of online banking systems. Apart from banking malware (83%), financial threats are posed by Bitcoin miners (9%), as well as Bitcoin wallet stealers (6%) and keyloggers (2%).

Targeted cyberattacks
In Q2, the Kaspersky Lab Global Research and Analysis Team disclosed four cyberespionage campaigns: CozyDuke, Naikon, Hellsing and Duqu 2.0. The victim toll includes government agencies, commercial companies and other high-level targets.

The second quarter also showed that cybercriminals are interested in small and medium businesses – this type of businesses was targeted by the cyberespionage campaign Grabit. In this campaign, cybercriminals focused on such economic sectors as chemical, nanotechnologies, education, agriculture, mass media and construction.

“In Q2 we launched an important initiative called Securing Smart Cities which aims to help those responsible for developing smart cities to do so without forgetting about cybersecurity. If security measures are not planned at the development stage, it could have serious implications later, and retro-fitting security might not be a straightforward task,” comments Alexander Gostev, chief security expert at the Kaspersky Lab Global Research and Analysis Team.

Q2 in figures

  • According to Kaspersky Security Network (KSN) data, Kaspersky Lab solutions detected and repelled a total of 379.9 million malicious attacks from online resources located all over the world – this is 19 percent lower than in Q1.
  • During the three month period, an average of 23.9 percent of Internet users’ computers across the world came under a Web-borne attack at least once. This is 2.4 percentage points lower than in Q1.
  • In addition, 26,084,253 unique malicious objects were detected, which is 8.4 percent lower than in Q1. The script AdWare.JS.Agent.bg was the most widespread among such objects – this script is injected by adware programs into arbitrary web pages.

The complete text of the Q2 2015 IT threat evolution report is available on Securelist.com.

About Kaspersky Lab
Kaspersky Lab is one of the world’s fastest-growing cybersecurity companies and the largest that is privately-owned. The company is ranked among the world’s top four vendors of security solutions for endpoint users (IDC, 2014). Since 1997 Kaspersky Lab has been an innovator in cybersecurity and provides effective digital security solutions and threat intelligence for large enterprises, SMBs and consumers. Kaspersky Lab is an international company, operating in almost 200 countries and territories across the globe, providing protection for over 400 million users worldwide.

Learn more at www.kaspersky.com

Media Contact
Stephen Russell
781.503.1833
stephen.russell@kaspersky.com

Marie Rourke (for Ingram Micro)
714.292.2199
marie@whitefoxpr.com

Pete Wermter
Acronis International GmbH
+1 650 255 4092
Pete.wermter@acronis.com

Source: Kaspersky

 

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LONDON, UK – July 30, 2015 — /BackupReview.info/ — The 16th annual SysAdmin Appreciation Day is on Friday July 31st. To join in with the celebrations, today disaster recovery provider Databarracks has launched a new “day in the life of a systems administrator (SysAdmin)” online adventure game.

Choose Your Own Adventure: Human Firewall sees players assume the role of a SysAdmin on a busy day in the office. You are faced with the everyday trials and tribulations of lazy managers and irresponsible employees, mitigating security risks whilst still keeping the lights on – all the time trying to get round to that all-important firewall update before the end of the day.

Technical Director at Databarracks, Oliver Mather, explains the motivation behind the game: “Human Firewall is obviously a bit of fun – but it’s also a nice way to drill home the importance of IT security. All too often the IT department is seen as a nuisance, deliberately putting unnecessary processes in place to stop you doing your job as quickly as you would like – and that’s not the case at all.

“Our job is to keep your data safe and keep the company operational. Without our “annoying” processes, one click of an infected email has the potential to wipe out the business. SysAdmins aren’t just there to unjam your printer or configure your new computer – although they do all that too – they’re the people that are up until 2am when the Exchange server goes down so that you’ll be able to access your emails by the next morning.”

An increase in targeted cyber-attacks is playing a big role in the developing role of the humble SysAdmin, continues Mather: “From our customer-base alone, we’re seeing an increase in cyber-attacks within the UK. The techniques used by hackers are becoming ever more sophisticated and it’s taking a whole new skillset to combat them.

“Phishing emails, for example, have become so advanced that many users will struggle to see the differences. So now it’s not just the IT team’s job to make sure your anti-virus and anti-spam is up to date, but they also have to make sure they have properly educated the rest of the businesses on the red flags to look out for, and how to avoid them – as well as ensuring the organisation has adequate backup and disaster recovery processes in place should an attack happen.

“Social engineering techniques also feature in the game because people are always the weakest link in IT security, and organisations’ awareness of the subject is perhaps not where it should be yet. Knowing what information is and isn’t OK to part with is not easy, especially when dealing with seemingly legitimate and innocent requests. Protecting an organisation and keeping the entire workforce up to speed with IT security is difficult, which is why we wanted to say a little “thank you” with Human Firewall on SysAdmin Appreciation Day.”

You can play Choose Your Own Adventure: Human Firewall here: http://game.databarracks.com/

About Databarracks
Databarracks provides ultra-secure, award winning Disaster Recovery, Backup and Infrastructure services from UK-based, ex-military data centres. Databarracks is certified by the Cloud Industry Forum, ISO 27001 certified for Information Security and has been named as a “Niche Player” in Gartner’s 2015 Magic Quadrant for DRaaS. For more information, please see: http://www.databarracks.com/

Contact:
Nick Bird/Tom Harvey
Spreckley Partners Ltd
Tel: +44 (0) 207 388 9988
Email: databarrackspr@spreckley.co.uk

Source: Databarracks

 

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Finnish Sporting Goods Company Saves Money, Boosts Worker Productivity, and Strengthens Data Integrity with Druva inSync

SUNNYVALE, CA — July 29, 2015 — /BackupReview.info/ —  Druva, the leader in converged data protection, today announced that Finnish sporting goods company Amer Sports is saving time and money while meeting global data privacy and protection requirements after implementing Druva inSync for global endpoint data protectionAmer Sports, a global enterprise with 7,600 employees in 150 locations, needed an endpoint data protection solution for managing global data access and compliance. The international company, with operations in multiple countries, must comply with various data privacy regulations, from data residency to data access and device tracking, while also managing corporate and personal data risk. Amer Sports faced the challenge of making data accessible from any location while meeting geo-specific compliance regulations. Enter Druva inSync.

We wanted a reliable backup solution and we wanted to be able to manage the data, but we didn’t want to deal with all the operating behind it. The cloud makes a lot of things around client backups much easier,” said Alexander Lohr, IT Security Consultant, Department of Governance, Risk and Compliance, Amer Sports. “We surveyed our users and we had one response that said ‘Druva has saved me now twice, the first time when my laptop was stolen and then a second time when I accidently deleted some files permanently from my hard drive.’ We estimate that we’ve saved about €50,000 over the last six months in data loss and recovery costs thanks to Druva.”

Amer Sports, which includes internationally recognized brands such as Salomon, Wilson and Atomic, faces multiple countries’ strict data residency laws. Some regions require all employee data to remain confidential and private, while other countries require all data to be available for possible legal or compliance matters. Amer Sports deployed Druva inSync globally while selecting three separate AWS regions to store their dataSince Druva inSync supports regional administration, Amer Sports was able to assign administrators within each region, allowing them to comply with local data lawsThe company also uses inSync’s privacy controls to meet other regional data protection needs.

“Today’s enterprises are tasked with meeting multiple regional privacydata protection and data residency requirements. Meanwhile, the mobile workforce brings a new set of challenges to managing and protecting sensitive information as well as adhering to corporate data policies, industry data regulations and legal mandates,” said Jaspreet Singh, CEO, Druva. “We are thrilled to partner with Amer Sports to empower mobile workers –- making information easily available in or out of the office — while enabling the company to meet the many global data requirements and privacy standards.”

Druva inSync’s cloud capabilities power Amer Sports’ global data protection solution with the following features:

  • Comprehensive privacy capabilities allow Amer Sports to define settings by user, region, and role, enabling the company to meet complicated and often conflicting data privacy laws across the globe.
  • Multiple storage region support gives the Amer Sports IT team the ability to make data storage decisions based on regional requirements and not infrastructure limitations.
  • Unified administration console enables IT to manage all aspects of global backup, availability, and privacy from a single dashboard.
  • Ease of use means users can restore their own data, reducing help desk tickets and lost work time, as well as easily access their data from any device.

Amer Sports employees can access their data via the inSync mobile appwhile also restoring their own data in the event of a data loss, saving both time and money in the process. Since deploying Druva inSync, Amer Sports has reported a 63 percent reduction in storage due to global deduplication and €2,000 savings per data loss and recovery incident.

Read more about Amer Sports’ use of Druva in its online case study – http://www.druva.com/customers/success-stories/amer-sports-case-study/ or if you would like to learn more about how organizations of all sizes and from all different industries are leveraging Druva inSync, please visit www.druva.com/customers.

About Druva
Druva is the leader in converged data protection, bringing data-center class availability and governance to the mobile workforce. With a single dashboard for backup, availability and governance, Druva’s award-winning solutions minimize network impact and are transparent to users. As the industry’s fastest growing data protection provider, Druva is trusted by over 3,000 global organizations on over 3 million devices. Learn more at www.druva.com and join the conversation at twitter.com/druvainc.

About Amer Sports
Amer Sports (www.amersports.com) is a sporting goods company with internationally recognized brands including Salomon, Wilson, Atomic, Arc’teryx, Mavic, Suunto and Precor. The company’s technically advanced sports equipment, footwear and apparel improve performance and increase the enjoyment of sports and outdoor activities. The Group’s business is balanced by its broad portfolio of sports and products and a presence in all major markets. Amer Sports shares are listed on the NASDAQ Helsinki stock exchange (AMEAS).

Media Contact:
Stacey Collins Burbach
Phone: +1.415.310.9767
Email: Stacey.Burbach@druva.com
Website: www.druva.com

Source: Druva

 

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Leading provider of secured enterprise-class cloud data protection solutions, announces a partnership with CounterTrade Products

DENVER, CO - JULY 29, 2015 — /BackupReview.info/ — Dakota Cloud Recovery, the leading provider of secured enterprise-class cloud data protection solutions, announces a partnership with CounterTrade Products, a premier IT hardware, software and solution provider focused on the federal, state, educational and SME markets for more than 25 years. CounterTrade will expand their robust managed services offerings by reselling Dakota Cloud Data Protection solutions as affordable monthly-managed services.

The partnership ensures customer data is protected and rapidly recoverable through the following secure, cloud-managed services:

  •     Cloud Data Protection – Provides the most secure cloud data protection solutions for backup, retention, and data recovery.
  •     Rapid Cloud Recovery – Restores data in minutes with Dakota high-performance Cloud and on-premise recovery appliances.
  •     Simple Managed Services – Reduces downtime and improve SLAs with CounterTrade’s affordable, monthly managed cloud data protection services.

“We are pleased to partner with Dakota Cloud Recovery to provide secure and affordable Cloud Data Protection for government and commercial contracts,” said Joe Boglino, CounterTrade Vice President of Sales. “With more than 10 years of experience and 1,500+ customers, Dakota brings their expertise to help our customers protect their data in the Cloud.

“CounterTrade has been a trusted provider of IT solutions since 1985,” said Casey Parker, President of Dakota Cloud Recovery. “Their experience working with the GSA and have been awarded almost every governmental contract shows their vast knowledge within the federal, state government and educational markets.

For more information, contact http://www.countertrade.com or visit or http://www.dakotacloudrecovery.com

About CounterTrade
CounterTrade Products, Inc. provides Information Technology products and services for education, state and federal government clients from a product line card consisting of more than 1 million products and 2,200 manufacturers. A small woman-owned business since 1985, CounterTrade is ISO 9001:2008 certified, has a GSA Schedule (GS-35-0650K) and is a Prime Contractor for NASA SEWP IV (NNG07DA50B), MCHS (M67854-12-D-4101), SPAWAR COTS (N65236-12-D-4136) and NIH ECS III (HHSN263999900440I).

For more information about our products and services, please visit http://www.countertrade.com

About Dakota Cloud Recovery
Dakota Cloud Recovery is a leading provider of secured cloud data protection solutions for mid-size customers. Our innovative monthly-managed services eliminate costly investments in storage and backup software allowing customers to take advantage of our enterprise-class cloud data centers at mid-market pricing. Dakota Cloud Recovery is passionate about customer support. Our engineers are data protection experts, an extension of your IT staff. For more information, please contact us at http://www.dakotacloudrecovery.com

Contact
Genesis Neumann
Dakota Cloud Recovery
+1 (406) 670-7168
sales@dakotacloudrecovery.com
www.dakotacloudrecovery.com

Source: Dakota Cloud Recovery

 

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  • New national survey finds 77% of IT managers want their business and customer data to be hosted on Australian soil
  • Mimecast customers are migrating their email and data to its local services

SYDNEY, AUSTRALIA – July 29, 2015 — /BackupReview.info/ — Mimecast, the email security, continuity and archiving cloud service provider, today announced that its local Australian data centers are open for business. Mimecast confirmed that the first customers are now live on its Australian data centers with more than 50 other customers expected to migrate their data before the end of the year.

Mimecast has also opened a new sales office in Sydney this month in response to significant demand for its services as it grows. Mimecast Australia employs 22 people across its Sydney and Melbourne offices up from 12 at 31st March.

Mimecast services are live
Mimecast’s two replicated data centers are in separate co-located facilities in New South Wales and operate on its own proprietary cloud infrastructure and software architecture. The following services are available to support Microsoft Exchange, Office 365 and Google email environments:

  • Continuity – Mimecast Mailbox Continuity allows employees to continue using email during planned and unplanned outages on any device
  • Security – Mimecast Email Security helps protect against malware, spam, advanced phishing and other emerging attacks, and prevent data leaks
  • Archiving – Mimecast Enterprise Information Archiving unifies email, file and Instant Messaging data to support e-discovery, compliance and give employees fast access to their complete historical personal archive via PC, Mac and mobile apps

The new Australian data centers help form a global network of ten data centers around the world, serving the email security and data needs of over 13,000 customers and millions of their employees.

“Our ongoing investment in Australia – including the new data centers, and the opening of our new offices in Sydney – is ultimately making email and corporate data safer for Australian organisations,” said Nicholas Lennon, country manager, Mimecast Australia.

“Email is a critical IT service for organizations of all sizes. Every year we hear of organizations around the world becoming victims of data leaks and cyber attacks that cost them money, cripple their operations and damage reputations, often irreparably,” said Peter Bauer, chief executive officer, Mimecast.

“In the last year alone, Australia has seen its fair share of data leaks, hacks and ransomware attacks. Email is often the starting point for all of this and has become a primary way to attack organizations. It is also the IT system our employees rely on most to get work done. So protecting it from attack, as well as saving and securing the data it carries is a vital service,” added Bauer.

New Australian business survey: From Cryptolocker to Cloud
Today Mimecast has also shared the findings of a new study “From Cryptolocker to Cloud – The Value and Management of Email and Corporate Data in Australia.” The study was conducted to investigate how Australian organisations prioritize and protect email, and understand the importance of data residency.

The research demonstrated that email is still the most critical business tool (74%), even more so than smartphones (5%), and confirmed that having a local data center presence is a key business requirement when considering cloud services.

The study also revealed the biggest concerns arising from an email outage are an increase in customer service complaints (29%) and employee dissatisfaction (28%). Ransomware is seen as a growing threat in Australia, with one in three companies surveyed confirming they had been targeted but only five percent said they would pay the ransom to retrieve their email and corporate data.

Other key findings are summarized below:

Office 365 deployment is growing but concerns remain about risks

  • Around one in five organizations (19%) are already using Office 365/Exchange Online. A further 29% are planning to migrate within the next two years
  • IT Managers recognize that there are challenges associated with a migration to Microsoft Office 365, the biggest being the risk of potential email disruption (46%)
  • Others are concerned about the lack of administrative control (34%), email archiving and e-discovery (33%), and security and spear phishing protection (33%)

Data staying in Australia is important

  • Most IT Managers (77%) consider it important for their business and customer data to be hosted within Australia
  • The key reasons for hosting and storing business and customer data in Australia is for legal (78%) and compliance requirements (78%). Other factors include latency and application performance (75%), to allay potential customer concerns around data location (72%) and a distrust of foreign national governments (50%)
  • The overwhelming majority of IT Managers (83%) would be more likely to choose a supplier or partner who has a local data center in each market they operate in

Email and data needs protection from growing threats

  • Australian IT Managers are aware of and managing multiple threats to company data and email, such as malware and viruses (86%), outages (84%), and ransomware (69%)
  • Outages (29%) are considered the single biggest threat to company data and email, followed by malware and viruses (24%) and ransomware (15%)
  • IT managers demonstrate strong confidence in their level of preparedness for these threats, however while 77% rate their company as highly prepared for malware and viruses, only 52% consider their organizations to be highly prepared for outages
  • The majority of IT managers are not prepared to deal with e-discovery, the location and securing of electronic data for use as evidence in legal cases, with only 48% saying they are prepared for this

“Work runs on email. It’s vital to organizations and their employees. This reports reflects this and shows the range of risks an IT team needs to consider today to keep email working, safe from attack and its data stored securely,” said Mimecast CEO Peter Bauer. “This is true for organizations using traditional on-premises email like Microsoft Exchange, but it is also true for those taking their email to the cloud with services like Office 365. Australia is advanced in terms of cloud adoption yet our research shows concerns remain over where data is stored and what happens when services like this fail, disrupting email and workplace productivity.

“Mimecast makes email safer. We mitigate the risks organizations face from email. And for those considering a move to the cloud for email we specifically mitigate the single vendor exposure this represents. Adding our continuity, security, data backup and archiving services ensure you stay online when a service like Office 365 goes offline. You also have layered security protection and an all-important independent, verifiable copy of your data. Relying solely on a single cloud provider for everything is a recipe for future heartache. No one should entrust a critical IT workload completely with a single vendor, no matter who they are, without a back-up plan.”

“We also understand the growing importance of data sovereignty for Australian organizations. Ensuring all data is held in Australia helps Health, Finance and Government clients to meet regulatory requirements, and removes concerns from finance or risk departments who are concerned about hosting data offshore on foreign cloud services,” Bauer added.

Customer perspectives
KordaMentha, a specialist advisory and investment firm, uses Mimecast for both Office 365 risk mitigation and e-discovery:“Microsoft has a strong proposition with Office 365 that Mimecast makes even stronger by providing ‘wrap around’ services to address additional security risks, high availability, as well as backup and archiving. Due to the nature of our business, we have one of the largest forensic practices in the region. Mimecast’s ability to provide rapid e-discovery services is an essential component enabling us to carry out complex and sensitive issues for our clients.” said Ryan Wadsworth, Director of Technology at KordaMentha.

NRMA Motoring & Services, the roadside assistance and services organization, has signed up with Mimecast for security, backup and continuity services: “Protecting our customers’ data from spear-phishing attacks looking for financial and other sensitive data is a number one priority at NRMA. The Mimecast solution is not only easy to deploy, but Mimecast offers our team premium support and a great customer experience,” said Paul Bendevski, Infrastructure Services Manager, NRMA Motoring & Services.

To set up an interview with a Mimecast spokesperson or to obtain a copy of From Cryptolocker to Cloud, please contact: Kim McMillan, Text100: Telephone: +61-2-99565733; Email: Kim.mcmillan@text100.com.au.

“From Cryptolocker to Cloud” methodology
Mimecast commissioned Galaxy Research to conduct a study among a sample of IT Managers throughout Australia by a combination of online and telephone interviews. The sample of 175 respondents was sourced from available lists. Interviewing commenced on Wednesday 8 July and was completed on Monday 20 July. Galaxy Research designed the questionnaire together with Mimecast, a copy of which is available on request.

About Mimecast
Mimecast makes business email and data safer for more than 13,000 customers and millions of employees worldwide. Founded in 2003, the company’s cloud-based security, archiving and continuity services protect email, and deliver comprehensive email risk management in a single, fully-integrated subscription service. Mimecast reduces email risk and the complexity and cost of managing the array of point solutions traditionally used to protect email and its data. For customers that have migrated to cloud services like Microsoft Office 365, Mimecast mitigates single vendor exposure by strengthening security coverage, combating downtime and improving archiving.

Mimecast Email Security helps protect against malware, spam, advanced phishing and other emerging attacks, while preventing data leaks. Mimecast Mailbox Continuity allows employees to continue using email during planned and unplanned outages. Mimecast Enterprise Information Archiving unifies email, file and Instant Messaging data to support e-discovery and give employees fast access to their personal archive via PC, Mac and mobile apps.

Mimecast Social Media Resources

  • LinkedIn: Mimecast
  • Facebook: Mimecast
  • Twitter: @mimecast
  • Blog: Challenging Complexity

U.S. Press Contact
March Communications
Stephanie Jackman, +1-617-960-9875
Mimecast@marchpr.com

Source: Mimecast

 

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LONDON, UK – July 23, 2015 — /BackupReview.info/ — Deciding whether to failover to a secondary site or wait it out and fix the problem in-house still remains one of the toughest decisions businesses face during an outage. This is according to Oscar Arean, technical operations manager from disaster recovery service provider Databarracks.

Recently, the New York Stock Exchange (NYSE) was forced to suspend trading for three hours following a major technical glitch. The decision to cease trading rather than failover to its Chicago recovery centre is one that has created much debate.

Arean states that this is a situation many organisations still struggle with when they suffer an outage: “Business continuity (BC) and disaster recovery (BC) plans will specify the exact length of an outage before an organisation should invoke its failover but as we all know, during a real-life disaster, these timings can slip as you try to fire-fight.

“Defining the point at which to failover is individual to each organisation and it will differ depending on the type of disaster being dealt with. You may have a set response for dealing with issues relating to storage but something completely different for dealing with network related issues or a natural disaster, all of which are fine. But this doesn’t mean that you should be making these decisions at the time of an incident – your point of failover should be defined before this.

“Your Crisis Management Team (CMT) will identify the most likely disaster scenarios and there should be plans in place for each of these. If the organisation has decided that the maximum outage it will allow is four hours, and it actually takes one hour to recover its systems, then it is crucial to begin the recovery process before the three-hour mark. Failure to do this could have a detrimental impact on the organisation in terms of cost and reputational damage.

“Once you have these plans in place, it’s imperative they are adhered to. An organisation will have worked out how long it can be out of action for before it makes more financial sense to invoke DR and move to its recovery site, so when that point is reached, action must be taken. It’s tempting to extend the time by an extra hour because your team is close to fixing the issue, but this can easily escalate. By going through practice scenarios with the CMT, you should feel more familiar with them, making it an easier decision to make on the day.”

Arean concludes: “Additionally, it is also worth identifying the types of scenarios when it might be deemed unnecessary to failover, as was the case of the NYSE.

“A lot of organisations will have very comprehensive traditional disaster recovery plans in place but are likely to only ever invoke these for very significant outages lasting several days. For those organisations, invoking disaster recovery is such a significant task, consuming so much time and resource, that dealing with the IT incident is considered the lesser of two evils, even if it takes days to resolve the issue. Those are the organisations that are investigating more flexible alternatives made available to them through cloud computing.

“Disaster Recovery as a Service (DRaaS) helps to bridge the gap by providing a more flexible and cost-effective alternative to traditional, cumbersome DR solutions. Organisations who do adopt DRaaS find that their DR plans are now equipped to deal with far more incidents and are less reticent to invoke DR.”

About Databarracks
Databarracks provides ultra-secure, award winning Disaster Recovery, Backup and Infrastructure services from UK-based, ex-military data centres.

Databarracks is certified by the Cloud Industry Forum, ISO 27001 certified for Information Security and has been named as a “Niche Player” in Gartner’s 2015 Magic Quadrant for DRaaS. For more information, please see: http://www.databarracks.com/

Contact:
Nick Bird/Tom Harvey
Spreckley Partners Ltd
Tel: +44 (0) 207 388 9988
Email: databarrackspr@spreckley.co.uk

Source: Databarracks

 

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BOSTON, MA – July 29, 2015 — /BackupReview.info/ – Carbonite, Inc. (NASDAQ:CARB), a leading provider of cloud and hybrid business continuity solutions for small and midsize businesses (SMBs), today announced financial results for the second quarter ended June 30, 2015. The Company reported record revenue of $34.0 million for the second quarter, an increase of 12% year over year, and total bookings of $35.7 million for the second quarter, an increase of 17% year over year.

“With a 43% year over year increase in SMB bookings, driven by the strong performance of Carbonite Server Backup, it’s clear that small businesses are increasingly turning to Carbonite for their cloud-based business continuity needs. Our powerful yet simple suite of backup and disaster recovery products, award-winning customer service and growing global partner network continues to separate us from our competitors,” said Mohamad Ali, President and CEO of Carbonite.

Anthony Folger, Chief Financial Officer and Treasurer said, “In addition to the strong bookings performance, we also saw record revenues and non-GAAP gross margins, reflecting improved execution across the business. Our focus on operational excellence along with the investments we are making in our product portfolio and channel expansion position us for continued success in the second half of 2015.”

Second Quarter 2015 Results:

  • Revenue for the second quarter was $34.0 million, an increase of 12% from $30.3 million in the second quarter of 2014.
  • Bookings for the second quarter were $35.7 million, an increase of 17% from $30.6 million in the second quarter of 2014.1
  • Cash flow from operations for the second quarter was $4.0 million, compared to $3.3 million in the second quarter of 2014. Free cash flow for the second quarter was $3.2 million, compared to $1.5 million in the second quarter of 2014.2
  • Total cash, cash equivalents and marketable securities were $64.9 million as of June 30, 2015, compared to $61.1 million as of December 31, 2014. The Company repurchased approximately $3.0 million worth of its common stock in the second quarter under the share repurchase program authorized by the Board of Directors in May 2015.
  • Gross margin for the second quarter was 71.2%, compared to 67.9% in the second quarter of 2014. Non-GAAP gross margin was 72.6% in the second quarter, compared to 68.7% in the second quarter of 2014.3
  • Net loss for the second quarter was ($4.8) million, compared to a net loss of ($2.5) million in the second quarter of 2014. Non-GAAP net loss for the second quarter was ($0.3) million, compared to non-GAAP net loss of ($0.7) million in the second quarter of 2014.4
  • Net loss per share for the second quarter was ($0.18) (basic and diluted), compared to a net loss per share of ($0.09) (basic and diluted) in the second quarter of 2014. Non-GAAP net loss per share was ($0.01) (basic and diluted) for the second quarter, compared to non-GAAP net loss per share of ($0.03) (basic and diluted) in the second quarter of 2014.4

Bookings represent the aggregate dollar value of customer subscriptions received during a period and are calculated as revenue recognized during the period plus the change in total deferred revenue, net of foreign exchange (excluding deferred revenue recorded in connection with acquisitions) during the same period.

Free cash flow is calculated by subtracting the cash paid for the purchase of property and equipment and adding the payments related to corporate headquarter relocation, acquisition-related payments, hostile takeover-related payments, CEO transition payments, litigation-related payments and the cash portion of the lease exit charge from net cash provided by operating activities.

Non-GAAP gross margin excludes amortization expense on intangible assets and stock-based compensation expense.

Non-GAAP net loss and non-GAAP net loss per share excludes amortization expense on intangible assets, stock-based compensation expense, litigation-related expense, restructuring-related expense, acquisition-related expense, hostile takeover-related expense, and CEO transition expense.

An explanation of non-GAAP measures is provided under the heading “Non-GAAP Financial Measures” below, and a reconciliation to the most comparable GAAP measures is provided in the tables at the end of this press release.

Business Outlook
For the third quarter of 2015, revenues are expected to be in the range of $34.5-$34.7 million and non-GAAP net income per share to be in the range of $0.04-$0.06 (basic and diluted).

For the full year of 2015, revenues are expected to be in the range of $137.3-$138.3 million and non-GAAP net income per share to be in the range of $0.09-$0.11 (basic and diluted).

Carbonite’s expectations of non-GAAP net income per share for the quarter and full year excludes stock-based compensation expense, litigation-related expense, hostile takeover-related expense, amortization expense on intangible assets and assumes a 2015 effective tax rate of 0% and weighted average shares outstanding of approximately 27.3 million for the quarter and 27.4 million for the full year 2015.

Conference Call and Webcast Information
In conjunction with this announcement, Carbonite will host a conference call on Wednesday, July 29, 2015 at 8:30 a.m. EDT to review the results. This call will be webcast live and can be found in the investor relations section of the Company’s website at http://investor.carbonite.com. The conference call can also be accessed by dialing (877) 303-1393 in the United States or (315) 625-3228 internationally with the passcode 80528219.

Following the completion of the call, a recorded replay will be available on the company’s website, http://investor.carbonite.com, under “Events & Presentations” through July 29, 2016.

Non-GAAP Financial Measures
This press release contains non-GAAP financial measures including bookings, non-GAAP gross margin, non-GAAP net (loss) income and non-GAAP net (loss) income per share, non-GAAP operating expense and free cash flow. Bookings represent the aggregate dollar value of customer subscriptions received during a period and are calculated as revenue recognized during the period plus the change in total deferred revenue, net of foreign exchange (excluding deferred revenue recorded in connection with acquisitions) during the same period. Non-GAAP gross margin excludes amortization expense on intangible assets and stock-based compensation expense. Non-GAAP net (loss) income and non-GAAP net (loss) income per share excludes amortization expense on intangible assets, stock-based compensation expense, litigation-related expense, restructuring-related expense, acquisition-related expense, hostile takeover-related expense, and CEO transition expense. Non-GAAP operating expense excludes amortization expense on intangible assets, stock-based compensation expense, litigation-related expense, restructuring-related expense, acquisition-related expense, hostile takeover-related expense, and CEO transition expense. Free cash flow is calculated by subtracting the cash paid for the purchase of property and equipment and adding the payments related to corporate headquarter relocation, acquisition-related payments, hostile takeover-related payments, CEO transition payments, litigation-related payments and the cash portion of the lease exit charge from net cash provided by operating activities.

The Company believes that these non-GAAP measures of financial results provide useful information to management and investors regarding certain financial and business trends relating to the Company’s financial condition and results of operations. The Company’s management uses these non-GAAP measures to compare the Company’s performance to that of prior periods and uses these measures in financial reports prepared for management and the Company’s board of directors. The Company believes that the use of these non-GAAP financial measures provides an additional tool for investors to use in evaluating ongoing operating results and trends and in comparing the Company’s financial measures with other software-as-a-service companies, many of which present similar non-GAAP financial measures to investors.

The Company does not consider these non-GAAP measures in isolation or as an alternative to financial measures determined in accordance with GAAP. The principal limitation of these non-GAAP financial measures is that they exclude significant items that are required by GAAP to be recorded in the Company’s financial statements. In addition, they are subject to inherent limitations as they reflect the exercise of judgments by management. In order to compensate for these limitations, management presents its non-GAAP financial measures in connection with its GAAP results. The Company urges investors to review the reconciliation of its non-GAAP financial measures to the comparable GAAP financial measures, which it includes in press releases announcing financial results, including this press release, and not to rely on any single financial measure to evaluate the Company’s business.

Cautionary Language Concerning Forward-Looking Statements
This Press Release contains “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent the Company’s views as of the date they were first made based on the current intent, belief or expectations, estimates, forecasts, assumptions and projections of the Company and members of our management team. Words such as “expect,” “anticipate,” “should,” “believe,” “hope,” “target,” “project,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “might,” “could,” “intend,” variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Those statements include, but are not limited to, statements regarding guidance on our future financial results and other projections or measures of future performance. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond the Company’s control. The Company’s actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including, but not limited to, the Company’s ability to profitably attract new customers and retain existing customers, the Company’s dependence on the market for cloud backup services, the Company’s ability to manage growth, and changes in economic or regulatory conditions or other trends affecting the Internet and the information technology industry. These and other important risk factors are discussed under the heading “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended December 31, 2014 filed with the Securities and Exchange Commission, which is available on www.sec.gov. Except as required by law, we do not undertake any obligation to update our forward-looking statements to reflect future events, new information or circumstances.

About Carbonite
Carbonite (Nasdaq:CARB) is a leading provider of cloud and hybrid business continuity solutions for small and midsized businesses. Together with our partners, we support more than 1.5 million individuals and small businesses around the world who rely on us to ensure their important data is protected, available and useful. To learn more about Carbonite, our partner program, and our award-winning backup, recovery & archiving solutions, visit us at Carbonite.com .

Carbonite, Inc.
Condensed Consolidated Statement of Operations (unaudited)
(In thousands, except per share data)
Three Months Ended Six Months Ended
June 30, June 30,
2015 2014 2015 2014
Revenue  $ 33,972  $ 30,295  $ 66,998  $ 59,433
Cost of revenue  9,800  9,721  19,814  18,982
Gross profit  24,172  20,574  47,184  40,451
Operating expenses:
Research and development  7,448  6,153  14,377  11,575
General and administrative  7,624  3,831  15,200  7,351
Sales and marketing  13,570  13,132  27,951  25,005
Restructuring charges  6  5  125  8
Total operating expenses  28,648  23,121  57,653  43,939
Loss from operations  (4,476)  (2,547)  (10,469)  (3,488)
Interest and other income (expense), net  59  21  26  (10)
Loss before income taxes  (4,417)  (2,526)  (10,443)  (3,498)
Provision for income taxes  403  10  607  20
Net loss  $ (4,820)  $ (2,536)  $ (11,050)  $ (3,518)
Net loss per share:
Basic and diluted  $ (0.18)  $ (0.09)  $ (0.41)  $ (0.13)
Weighted-average shares outstanding:
Basic and diluted  27,217,528  26,768,786  27,226,067  26,676,485
Carbonite, Inc.
Condensed Consolidated Balance Sheets (unaudited)
(In thousands)
June 30, December 31,
2015 2014
Assets
Current assets
Cash and cash equivalents  $ 60,929  $ 46,084
Marketable securities  3,990  15,031
Trade accounts receivable, net  3,396  2,412
Prepaid expenses and other current assets  4,217  5,224
Restricted cash  221  828
Total current assets 72,753 69,579
Property and equipment, net 25,101 25,944
Other assets 1,677 2,181
Acquired intangible assets, net 8,795 10,322
Goodwill 22,759 23,728
Total assets  $ 131,085  $ 131,754
Liabilities and Stockholders’ Equity
Current liabilities
Accounts payable  $ 7,963  $ 7,346
Accrued expenses  10,771  10,506
Current portion of deferred revenue  79,827  75,494
Total current liabilities  98,561  93,346
Deferred revenue, net of current portion 16,988 15,930
Other long-term liabilities 7,637 7,940
Total liabilities 123,186 117,216
Stockholders’ equity
Common stock 274 272
Additional paid-in capital 159,399 152,920
Treasury stock, at cost (3,012) (22)
Accumulated deficit (150,378) (139,328)
Accumulated other comprehensive income 1,616 696
Total stockholders’ equity 7,899 14,538
Total liabilities and stockholders’ equity  $ 131,085  $ 131,754
Carbonite, Inc.
Condensed Consolidated Statement of Cash Flows (unaudited)
(In thousands)
Six Months Ended
June 30,
2015 2014
Operating activities
Net loss  $ (11,050)  $ (3,518)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization  6,838  6,296
Gain on disposal of equipment  (33)  –
Accretion of discount on marketable securities  (9)  (12)
Stock-based compensation expense  4,873  2,854
Provision for reserves on accounts receivable  31  53
Other non-cash items, net  58  –
Changes in assets and liabilities, net of acquisition:
Accounts receivable  (1,076)  (425)
Prepaid expenses and other current assets  338  (507)
Other assets  530  113
Accounts payable  418  759
Accrued expenses  124  481
Other long-term liabilities  (60)  835
Deferred revenue  5,565  3,671
Net cash provided by operating activities  6,547  10,600
Investing activities
Purchases of property and equipment  (4,906)  (5,040)
Proceeds from sale of property and equipment  33  –
Proceeds from maturities of marketable securities and derivatives  14,442  6,000
Purchases of marketable securities and derivatives  (436)  (6,000)
Decrease in restricted cash  693  –
Net cash provided by (used in) investing activities  9,826  (5,040)
Financing activities
Proceeds from exercise of stock options  1,622  1,408
Repurchase of common stock  (2,990)  –
Net cash (used in) provided by financing activities  (1,368)  1,408
Effect of currency exchange rate changes on cash  (160)  (4)
Net increase in cash and cash equivalents  14,845  6,964
Cash and cash equivalents, beginning of period  46,084  50,392
Cash and cash equivalents, end of period  $ 60,929  $ 57,356
Carbonite, Inc.
Reconciliation of GAAP to Non-GAAP Measures (unaudited)
(In thousands, except share and per share amounts)
Calculation of Bookings
Three Months Ended Six Months Ended
June 30, June 30,
2015 2014 2015 2014
Revenue  $ 33,972  $ 30,295  $ 66,998  $ 59,433
Add :
Deferred revenue ending balance  96,815  87,671  96,815  87,671
Impact of foreign exchange  –  165
Less :
Impact of foreign exchange  76  –  –  –
Deferred revenue beginning balance  95,007  87,348  91,424  84,000
Change in deferred revenue balance  1,732  323  5,556  3,671
Bookings  $ 35,704  $ 30,618  $ 72,554  $ 63,104
Calculation of Non-GAAP Net Loss and Non-GAAP Net Loss per Share
Three Months Ended Six Months Ended
June 30, June 30,
2015 2014 2015 2014
Net loss  $ (4,820)  $ (2,536)  $ (11,050)  $ (3,518)
Add:
Amortization of intangibles  474  226  953  459
Stock-based compensation expense  2,405  1,597  4,873  2,854
Litigation-related expense  1,104  6  1,192  23
Restructuring-related expense  –  –  115  –
Acquisition-related expense  369  –  725  –
Hostile takeover-related expense  215  –  1,512  –
CEO transition expense  –  –  54  –
Non-GAAP net loss  $ (253)  $ (707)  $ (1,626)  $ (182)
Weighted-average shares outstanding:
Basic and diluted  27,217,528  26,768,786  27,226,067  26,676,485
Net loss per share:
Basic and diluted  $ (0.01)  $ (0.03)  $ (0.06)  $ (0.01)
Reconciliation of GAAP Gross Profit to Non-GAAP Gross Profit
Three Months Ended Six Months Ended
June 30, June 30,
2015 2014 2015 2014
Gross profit  $ 24,172  $ 20,574  $ 47,184  $ 40,451
Add:
Amortization of intangibles 313  109 629  219
Stock-based compensation expense 162  126 329  243
Non-GAAP gross profit  $ 24,647  $ 20,809  $ 48,142  $ 40,913
Non-GAAP gross margin 72.6% 68.7% 71.9% 68.8%
Reconciliation of GAAP Operating Expense to Non-GAAP Operating Expense
Three Months Ended Six Months Ended
June 30, June 30,
2015 2014 2015 2014
Research and development  $ 7,448  $ 6,153  $ 14,377  $ 11,575
Less:
Stock-based compensation expense 313  504 638  764
Acquisition-related expense 167  – 167  –
Non-GAAP research and development  $ 6,968  $ 5,649  $ 13,572  $ 10,811
General and administrative  $ 7,624  $ 3,831  $ 15,200  $ 7,351
Less:
Amortization of intangibles 53  39 107  79
Stock-based compensation expense 1,596  707 3,329  1,359
Litigation-related expense 1,104  6 1,192  23
Acquisition-related expense 501  – 562  –
Hostile takeover-related expense 215  – 1,512  –
CEO transition expense 0  – 54  –
Non-GAAP general and administrative  $ 4,155  $ 3,079  $ 8,444  $ 5,890
Sales and marketing  $ 13,570  $ 13,132  $ 27,951  $ 25,005
Less:
Amortization of intangibles 108  78 217  161
Stock-based compensation expense 334  260 577  488
Acquisition-related expense (299)  – (4)  –
Non-GAAP sales and marketing  $ 13,427  $ 12,794  $ 27,161  $ 24,356
Restructuring charges  $ 6  $ 5  $ 125  $ 8
Less:
Restructuring-related expense  –  –  115  –
Non-GAAP restructuring charges  $ 6  $ 5  $ 10  $ 8
Calculation of Free Cash Flow
Three Months Ended Six Months Ended
June 30, June 30,
2015 2014 2015 2014
Net cash provided by operating activities  $ 3,976  $ 3,275  $ 6,547  $ 10,600
Subtract:
Purchases of property and equipment 1,617 1,895 4,906 5,040
Add:
Payments related to corporate headquarter relocation  –  90  1,309  153
Acquisition-related payments  306  –  381  –
Hostile takeover-related payments  401  –  1,663  –
CEO transition payments  –  –  29  –
Cash portion of lease exit charge  89  –  711  –
Litigation-related payments  9  –  9  –
Free cash flow  $ 3,164  $ 1,470  $ 5,743  $ 5,713

Investor Relations Contacts:
Emily Walt
Carbonite
617-927-1972
investor.relations@carbonite.com

Media Contact:
Megan Wittenberger
Carbonite
617-421-5687
media@carbonite.com

Source: Carbonite

 

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Partnership Brings Service Providers and End Users Unmatched Flexibility and Ease-of-Use to Accelerate the Transition of Data Protection Solutions to the Cloud

BURLINGTON, MA — JULY 29, 2015 – /BackupReview.info/ — Acronis®, a global leader in cloud data protection, today announced a partnership with ProfitBricks, the provider of painless cloud infrastructure, to deliver Acronis Backup Cloud as its backup solution option for the ProfitBrick’s cloud computing platform. ProfitBricks is revolutionizing cloud computing for Infrastructure-as-a-Service (IaaS) and selected Acronis data protection for its ability to support any data source, destination and delivery model and its unmatched support for service provider workloads. With Acronis Backup Cloud, ProfitBrick’s managed service provider (MSP) partners and end user customers now have access to ‘best-in-class’ backup – all delivered with the ease of use, flexibility and price/performance guarantees of the ProfitBricks cloud computing platform.

Digital Business and the Cloud Fueling Increased Adoption of Data Protection Solutions
As businesses worldwide increasingly go digital, the need to back up and recover data, applications and entire IT system data centers is more critical than ever. At the same time, the Cloud is driving increased adoption of data protection by businesses with easier-to-use, more affordable solutions. In fact, a recent Spiceworks survey reported that cloud backup and recovery is the top cloud service that IT Pros plan to start using in the next 6 months.

ProfitBricks Drives the Future of Cloud Computing with Painless Cloud Infrastructure Solutions
Started by the founders of 1&1 Internet web hosting business who built it into a $3 billion public company with 10 million customers and 70,000 servers, ProfitBricks is revolutionizing the delivery of Infrastructure as a Service (IaaS) solutions with its highly flexible, easy-to-use cloud computing platform for MSPs and end user customers. With a focus on helping companies easily migrate on-premises IT infrastructure to the cloud, ProfitBricks has developed a unique cloud computing model that lets MSPs and end users select the desired amount of processing power and storage needed with the freedom to design and configure any virtual data center based on their unique requirements – at a lower cost with higher performance.

Acronis Backup Cloud Designed for Service Providers
Acronis Backup Cloud is a proven hybrid cloud backup and recovery solution that enables service providers to rapidly bring new revenue-generating services to market for their end user customers. The Acronis cloud solution enables protection of any data from any location and provides MSPs and end users with complete control of where data is stored, including multiple staging locations for backup, seeding of cloud storage, and migration of systems using strong data encryption to maintain data privacy.

Acronis Backup Cloud is designed to meet the broad range of workloads and data sources that MSPs and end users manage today, including Windows®, Mac®, Linux, Hyper-V, VMware®, RHEV, XEN, KVM, Oracle® VM, Microsoft Exchange® and SQL, as well as XEN®, KVM, Linux®, Virtuozzo, Docker®, Open-Xchange, and MySQL®

With the addition of Acronis Backup Cloud, ProfitBricks customers will soon be easily able to provision Acronis backup services by self-serving directly through the innovative, easy-to-use ProfitBricks user interface and control panel. When provisioning a server, MSPs and end customers will simply need to select a configuration with the backup option they want enabled, reducing the need for on-site IT backup infrastructure, systems integrators and consultants, and internal IT staff needed to support the solution.

“Backup is the number one request we get for add-on services from our cloud computing partners and end user customers,” said Achim Weiss, Co-founder and CEO at ProfitBricks. “We chose Acronis as our backup solution partner due to its leading and proven technology combined with their unmatched support for the most common workloads hosted by IaaS providers and their MSP and end-user customers today.”

“ProfitBricks is defining the future of IaaS and is one of the most promising challengers of Azure, AWS and Google’s clouds with its advanced architecture and high performance,” said Serguei Beloussov, Co-Founder and CEO at Acronis. “We are excited to work with a true cloud innovator like ProfitBricks as we believe backup and data protection present the next huge opportunity for cloud services.”

Acronis Backup Cloud will be available to all ProfitBricks service provider partners and end users in Q4, 2015.

Additional Information
•       Learn more information on Acronis Backup Cloud here.

•       Follow @Acronis on Twitter: https://twitter.com/acronis

•       Like us on Facebook: https://www.facebook.com/acronis

•       Follow us on LinkedIn:https://www.linkedin.com/company/acronis

•       Subscribe to the Acronis Blog: blog.acronis.com/

About ProfitBricks
ProfitBricks is the IaaS provider that offers a painless cloud experience for all IT users and managed service provider partners, with no learning curve. ProfitBricks boasts flexible cloud servers and networking, an integrated Data Center Designer tool for visual control over the cloud and a price/performance guarantee.  ProfitBricks was awarded a spot on CRNs 2015 Emerging Vendors List, won the Best Cloud Award for 2015 by ASCII and was also the recipient of the Frost & Sullivan Cloud innovation award for 2014. With offices in Berlin, Germany, San Antonio, Texas and Boston, Massachusetts, ProfitBricks can be found online at: http://www.profitbricks.com/

Acronis® and the Acronis logo are registered trademarks or trademarks of Acronis International GmbH in the United States and/or other countries. Microsoft, Windows, Exchange, and SQL are either registered trademarks or trademarks of Microsoft Corporation in the United States and/or other countries. Mac® and OS X® are trademarks of Apple Inc., registered in the U.S. and other countries. Linux® is the registered trademark of Linus Torvalds in the U.S. and other countries. XEN® is a trademark of Citrix Systems, Inc. and/or one or more of its subsidiaries, and may be registered in the United States Patent and Trademark Office and in other countries. Virtuozzo is a trademark or registered trademark of Parallels IP Holdings GmbH or its affiliates in the United States and/or other countries. Oracle and MySQL are registered trademarks of Oracle and/or its affiliates. Docker® is a trademark or registered trademark of Docker, Inc. in the United States and/or other countries. Open-Xchange is a registered trademark of Open-Xchange Inc. VMware is a registered trademark of VMware, Inc. in the United States and/or other jurisdictions. RHEV and Red Hat® Enterprise Virtualization are trademarks of Red Hat, Inc., registered in the U.S. and other countries. There may be other registered trademarks of third parties and their rights to these trademarks are hereby reserved on their behalf.

About Acronis
Acronis sets the standard for New Generation Data Protection through its backup, disaster recovery, and secure access solutions. Powered by the AnyData Engine and set apart by its image technology, Acronis delivers easy, complete and safe backups of all files, applications and OS across any environment—virtual, physical, cloud and mobile.

Founded in 2003, Acronis protects the data of over 5 million consumers and 300,000 businesses in over 130 countries. With its more than 50 patents, Acronis’ products have been named best product of the year by Network Computing, TechTarget and IT Professional and cover a range of features, including migration, cloning and replication.

For additional information, please visit www.acronis.com. Follow Acronis on Twitter: http://twitter.com/acronis.

Press Contact:
Pete Wermter
Acronis International GmbH
+1 650 255 4092
Pete.wermter@acronis.com
www.acronis.com

Source: Acronis, Inc.

 

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ExaGrid-Veeam Solution Provides Leading New England Furniture Retailer with Faster Backups, Instant VM Recoveries, and Adaptive Deduplication – Resulting in Better Data Protection at a Lower Cost

WESTBOROUGH, MA – July 28, 2015 – /BackupReview/ — ExaGrid®, the leading provider of disk-based backup storage, today announced that Jordan’s Furniture is now using ExaGrid’s disk-based backup system with Veeam Backup & Replication to cost effectively solve the problems of limited capacity and growing data volumes in its virtual environment. As a result, the company can better protect its virtual data and fully leverage all the features of both products within a single tightly integrated solution.

Jordan’s Furniture is a New England-based furniture retailer founded in the early 1900s, and acquired by Berkshire Hathaway. The company has six locations in Massachusetts, New Hampshire, and Rhode Island. Jordan’s is a leader in combining entertainment and shopping, with each store offering a unique experience including IMAX 3D Theatres, Liquid Fireworks, Motion Odyssey Movie (MOM) rides, and full service restaurants.

Jordan’s Furniture had virtualized its infrastructure and was using an EMC Avamar system to back up and protect its data. However, with the company’s rapid growth, capacity issues and the need for better disaster recovery (DR) surfaced. A new solution was needed to back up not only its physical servers but its virtual infrastructure as well. Jordan’s had been using ExaGrid to back up its physical servers running Solaris, and after looking again at EMC Avamar and EMC Data Domain decided to expand its use of the ExaGrid system and also purchase Veeam Backup and Replication to backup its virtual infrastructure. Today, the retailer is using Veeam for its virtual infrastructure and ExaGrid for its entire backup environment.

The combination of ExaGrid’s and Veeam’s industry-leading virtual server data protection solutions allows Jordan’s Furniture to utilize Veeam Backup & Replication™ in VMware vSphere and Microsoft Hyper-V virtual environments on ExaGrid’s disk-based backup system with data deduplication. This combination provides fast backups and efficient data storage as well as replication to an offsite location for disaster recovery. The ExaGrid system fully leverages Veeam Backup & Replication’s built-in backup to disk capabilities and ExaGrid’s zone-level data deduplication for additional data reduction – and cost reduction – over standard disk solutions. Customers like Jordan’s can use Veeam Backup & Replication’s built-in source-side deduplication in concert with ExaGrid’s disk-based backup system with zone-level deduplication to further shrink backups.

“We liked that Veeam and ExaGrid are tightly integrated. We chose Veeam because it was built for virtualized environments, enables extremely fast recoveries, and automates many of the tasks associated with deploying new VM backups. We also had experience with the ExaGrid system here in our environment and were impressed with its ability to quickly and efficiently replicate information between datacenters,” said Ethan Peterson, network engineer at Jordan’s Furniture. “The ExaGrid system was far more cost effective than the EMC offerings, and we liked its scalability and ease of use.”

The company found that the combination of Veeam and ExaGrid made for an efficient experience. The ExaGrid-Veeam Accelerated Data Mover is integrated with all ExaGrid appliances and allows all Veeam backups, restores, and recoveries to complete faster. This made it the perfect fit for Jordan’s Furniture.

“Veeam and ExaGrid work together extremely well and deliver features designed specifically for virtualized environments, like a data mover that helps to make backups and recoveries faster and more efficient,” said Peterson. “It’s a very well integrated solution, and we’re able to do synthetic full backups every night so backup times are minimized.”

Veeam’s “set-it-and forget-it” experience provides ease of use for the company along with Instant VM Recovery that enabled Jordan’s to thin out its environment. Jordan’s Furniture now has a two-site ExaGrid system that is both efficient and cost effective. ExaGrid’s GRID-based systems provide room for expansion while maintaining all aspects of performance.

“Because the ExaGrid system was so cost effective, we were able to purchase a system that was a lot bigger than we need today for our virtual infrastructure. However, we recently expanded our ExaGrid system to handle more capacity and we also added a system for disaster recovery. The process was painless,” said Peterson.

Jordan Furniture can perform replication of backups to offsite storage for disaster recovery purposes without sacrificing performance of critical backup and recovery features. By combining the power and performance of Veeam-based VMware vSphere and Microsoft Hyper-V virtual machine backups with the ExaGrid appliance, the company achieves backup and disaster recovery goals quickly and easily.

To read the complete Jordan’s Furniture customer success story, please visit: http://www.exagrid.com/wp-content/uploads/ExaGrid-Jordans-Furniture-Customer-Success-Story.pdf

To learn more about ExaGrid, view us at: http://www.exagrid.com/video-play-pages/video-play/

Tweet This: @ExaGrid @Veeam solution speeds backup and recovery for Jordan’s Furniture

About ExaGrid
Organizations come to ExaGrid because it is the only company that has implemented deduplication in a way that fixes all the challenges of backup storage. ExaGrid’s unique landing zone and scale-out architecture provides the fastest backup — resulting in the shortest fixed backup window, the fastest local restores, fastest offsite tape copies and instant VM recoveries while permanently fixing the backup window length, all with reduced cost up front and over time. Learn how to take the stress out of backup at www.exagrid.com or connect with us on LinkedIn. Read how ExaGrid customers fixed their backup forever.

ExaGrid is a registered trademark of ExaGrid Systems, Inc. All other trademarks are the property of their respective holders.

PR Contacts:
Sabrina Sanchez
The Ventana Group
ssanchez@theventanagroup.com
(925) 785-3014

Nicole Gorman
The Ventana Group
ngorman@theventanagroup.com
(508) 397-0131

Source: ExaGrid

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NAKIVO maintains a high growth rate in the VMware data protection and cloud backup market with impressive revenue, partner, and customer results for Q2 2015

CAMPBELL, CA — July 28, 2015 — /BackupReview.info/ — NAKIVO Inc., the fastest-growing virtualization and cloud backup software company for VMware environments, today announced another record quarter of growth since launching NAKIVO Backup & Replication in 2012. Named to Top 10 Virtualization Startups you’ll Hear about in 2015 by TechTarget and Top 20 Coolest Cloud Computing Vendors of 2015 by CRN, NAKIVO is delivering a new way for cloud providers, enterprises, and SMBs to back up and replicate their VMware environments onsite, offsite, and to private/public clouds more reliably, efficiently, and cost effectively.

Tweet This: NAKIVO reports Q2 results: 106% Revenue growth while expanding its Sales Channel to 102 Countries Worldwide

Revenue: In Q2 2015, NAKIVO more than doubled its revenue collections vs. Q2 2014. Most of the revenue (52%) came from the EMEA region, while 9% came from Asia-Pacific, and 42% came from the Americas.

Customers: NAKIVO continues to expand its global presence and has grown its customer base to over 7,500 customers across the globe. In Q2 2015, NAKIVO has gained 125% more customers than in Q2 2014. Most of the new customers came from the EMEA region (54%), while 10% came from Asia-Pacific, and 36% came from North and South Americas. With new customer orders in Q2, NAKIVO expanded into Korea, Monaco, and Romania for the first time.

Solution Partners: In Q2 2015, over 77 solution providers have joined NAKIVO Partner Program and now offer NAKIVO products to their enterprise and SMB customers. NAKIVO now has over 900 software solution providers in 102 countries across the Americas, Europe, Africa, Middle-East, and Asia-Pacific. In Q2 2015, solutions partners from Zambia, Bolivia, and Uruguay have joined NAKIVO Partner Program for the first time.

Cloud Providers: NAKIVO’s Cloud Provider Program enables managed services, cloud, and hosting providers to introduce Backup-as-a-Service (BaaS), Replication-as-a-Service (RaaS), and Disaster Recovery-as-a-Service (DRaaS) to their clients. In Q2 2015, NAKIVO has increased the number of qualified Cloud Providers to 93. In Q2 2015, cloud providers from Turkey, Chile, and Hong Kong have joined NAKIVO’s Cloud Provider Program for the first time.

Product Releases: in Q2, NAKIVO has released v5.6, adding screenshot verification and new report types, and v5.7, adding full support for VMware vSphere v6 and backup repository encryption. “We are pleased with our growth rate and global expansion in Q2, as more and more SMBs, enterprises, and cloud providers begin to appreciate the benefits of a fast, reliable, and affordable VMware data protection provided by NAKIVO,” said Bruce Talley, CEO and co-founder of NAKIVO.

Company: NAKIVO’s explosive growth rate and exceptional product offering in the VMware data protection and cloud backup market has been acknowledged by TechTarget, who named NAKIVO one of the Top 10 Virtualization Startups you’ll Hear about in 2015, and CRN Magazine, who named NAKIVO one of the Top 20 Coolest Cloud Computing Vendors of 2015 by CRN.

“We are pleased with our growth rate and global expansion in Q1, as more and more SMBs, enterprises, and cloud providers begin to appreciate the benefits of a fast, reliable, and affordable VMware data protection provided by NAKIVO,” said Bruce Talley, CEO and co-founder of NAKIVO.

RESOURCES

  • Overview: www.nakivo.com/VMware-VM-backup-replication-recovery-software.htm
  • Datasheet: www.nakivo.com/Resources/NBR-DS.pdf
  • Backup to Cloud: www.nakivo.com/vmware-cloud-backup-as-a-service.htm
  • Success Stories: www.nakivo.com/success-stories.htm
  • Trial Download: www.nakivo.com/en/VMware-Backup-Free-Trial.htm

ABOUT NAKIVO
Headquartered in Silicon Valley, NAKIVO is a privately-held software company that has been profitable since founding in 2012. With more than 7,500 customers – including many Fortune 1,000 companies – and over 900 channel partners across 102 countries worldwide, NAKIVO develops and markets a line of next generation data protection products for clouds and VMware virtualized environments. NAKIVO provides a fast, reliable, and affordable VM backup and replication solution for enabling SMBs and enterprises to protect and recover VM data onsite, offsite, and to the cloud. NAKIVO has also enabled over 50 hosting, managed, and cloud services providers to create and offer VM Backup-as-a-Service, Replication-as-a-Service, and DR-as-a-Service to their customers. NAKIVO was the first virtualization backup specialist to offer SMBs cloud backup to public clouds such as Amazon and multi-tenancy to cloud service providers and enterprise customers. For more information, please visit www.nakivo.com.

Follow Nakivo on Twitter: @NAKIVO
Connect on Facebook: www.facebook.com/NakivoInc
Join us on LinkedIn: www.linkedin.com/company/nakivo

Contact:
Yana Petrenko, MarCom Manager
yana.petrenko@nakivo.com
+1 408 916 5955

Source: Nakivo

 

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Evaluation based on Completeness of Vision and Ability to Execute

MOUNTAIN VIEW, CA – July 28, 2015 — /BackupReview.info/ — Egnyte, the market leader in Adaptive Enterprise File Services, today announced it has been named a Visionary in Gartner’s Magic Quadrant (MQ) for the Enterprise File Synchronization and Sharing (EFSS) market (report published July 22, 2015 – download here). While this fast-moving market has drastically changed over the past year — with IPOs, privatization, and acquisitions — Egnyte has maintained its focus and is the only vendor in the MQ to make a significant move into a new category. The company has been recognized for its completeness of vision and ability to execute, and is positioned the highest for ability to execute in the Visionaries quadrant.

“Since founding Egnyte, we have focused on evolving our enterprise solution to map to the current and future needs of customers across industries,” said Vineet Jain, co-founder and CEO at Egnyte. “We feel our position in the Gartner EFSS MQ highlights our continued commitment to the market to deliver high-value solutions with an open, hybrid approach. We believe it also validates the expansion plan for our portfolio into content analytics and file management, which will lay the foundation for the next generation of File Services.”

Egnyte has forged ahead in the EFSS market, mapping to the needs of both IT and businesses users. The company earlier this year announced its Adaptive Enterprise File Services aimed at providing content analytics to improve workflow efficiencies and optimize infrastructure investments. As the only provider with an open and advanced hybrid infrastructure, Egnyte provides the unique flexibility companies across industries need from their EFSS provider, including an open platform to connect with any cloud, on-premises storage or application. This significantly eliminates vendor lock-in and preserves past infrastructure investments.

With its continued commitment to effectively meet the needs of enterprises across industries, Egnyte’s open, hybrid architecture has been built for secure access and sharing of files, answering business users’ needs —even when on the go— and in heterogeneous on-premises and cloud environments. The company’s focus has been on enhancing its public API, offering intelligent content analytics, and simple deployment methods.

For the full overview of Egnyte, you can view the full Gartner MQ report here - https://goo.gl/RmAz7l

About Egnyte
Egnyte is the market leader in Adaptive Enterprise File Services that uniquely anticipate IT and end users’ needs to securely, easily and intelligently share files on premises and in the cloud. Egnyte’s award-winning platform integrates with any cloud, storage, device and business application to enable customers to optimize their collaboration environments through secure access, centralized control and unified visibility. Egnyte enables IT to make informed decisions on infrastructure utilization and workflows and end users to access unique content intelligence to proactively adapt their content sharing, management and protection strategies.

Egnyte was founded in 2007 and is a privately held company headquartered in Mountain View, CA. It is backed by venture capital firms, including Google Ventures and Kleiner Perkins Caufield & Byers, as well as technology partners, such as CenturyLink and Seagate Technology. Please visit www.egnyte.com or call 1-877-7EGNYTE for more information.

Additional Resources

  • Follow Egnyte on Twitter: www.twitter.com/Egnyte
  • Join Egnyte on Facebook: www.facebook.com/Egnyte
  • Connect with Egnyte on LinkedIn: Egnyte LinkedIn Company Page

Disclaimer
© 2015 Gartner, Inc. and/or its affiliates. All rights reserved.
This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document. The Gartner document is available upon request from Egnyte, Inc. 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.

Global Press & Media Contact
Colin Jordan
Egnyte
Phone: 1-650-743-6471
Email: cjordan@egnyte.com
Website: www.egnyte.com

Source: Egnyte

 

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First Quarter Highlights Include:

First Quarter
GAAP Results:
Revenues $139.1 million
Loss from Operations (EBIT) $6.3 million
EBIT Margin (4.5)%
Diluted Loss Per Share $0.03
Non-GAAP Results:
Income from Operations (EBIT) $9.3 million
EBIT Margin 6.7%
Diluted Earnings Per Share $0.12

(Download Financial Tables)


Tinton Falls, N.J. – July 28, 2015 — /BackupReview.info/ — Commvault [NASDAQ: CVLT] today announced its financial results for the first quarter ended June 30, 2015.

N. Robert Hammer, Commvault’s Chairman, President and CEO stated, “Our fiscal first quarter proved to be more challenging than we expected. However, during the quarter we made excellent progress on our business transformation plan. The core foundational elements are now in place to propel improvement in the second half of the fiscal year. We believe the substantial changes we are making will strengthen our competitive position, increase our available market, make it easier for our channel partners to sell, and enable us to execute our plans to significantly improve revenue and earnings growth. On a separate note, I am pleased to report that Gartner has positioned Commvault in the “Leaders” quadrant of the Magic Quadrant for Enterprise Backup Software and Integrated Appliances for a fifth consecutive year. We believe this is a validation of the strength of our products and our company vision.”

Total revenues for the first quarter of fiscal 2016 were $139.1 million, down 9% compared to the first quarter of the prior fiscal year and down 2% on a year-over-year constant currency basis. Software revenue in the first quarter of fiscal 2016 was $56.5 million, a decrease of 22% year-over-year and a decrease of 19% sequentially. On a constant currency basis, software revenue in the first quarter of fiscal 2016 decreased 15% year-over-year. Services revenue in the first quarter of fiscal 2016 was $82.6 million, an increase of 3% year-over-year and 2% sequentially. On a constant currency basis, services revenue in the first quarter of fiscal 2016 increased 9% year-over-year.

On a GAAP basis, loss from operations (EBIT) was $6.3 million for the first quarter compared to income of $18.2 million in the same period of the prior year. Non-GAAP income from operations (EBIT) decreased to $9.3 million in the first quarter of fiscal 2016 compared to $33.0 million in the first quarter of the prior year.

For the first quarter of fiscal 2016, Commvault reported a net loss of $1.3 million. Non-GAAP net income for the quarter was $5.8 million, or $0.12 per diluted share.

Operating cash flow totaled $21.9 million for the first quarter of fiscal 2016. Total cash and short-term investments were $411.4 million as of June 30, 2015 compared to $387.6 million as of March 31, 2015. During the quarter there were no borrowings against the revolving credit facility.

A reconciliation of GAAP to non-GAAP results has been provided in Financial Statement Table IV. (Download Financial Tables) An explanation of these measures is also included below under the heading “Use of Non-GAAP Financial Measures.”

Recent Business Highlights:

  • On June 19, 2015, Commvault announced that for the fifth consecutive year it was positioned in the “Leaders” quadrant of Gartner Inc.’s report, “Magic Quadrant: Enterprise Backup Software and Integrated Appliances.” [1]
  • On June 8, 2015, Commvault announced it is now a Preferred Solution Partner within the Cisco® Solution Partner Program. The Internet of Everything (IoE) continues to bring together people, processes, data and things to enhance the relevancy of network connections. As a member of the Cisco Solution Partner Program, Commvault is able to quickly create and deploy solutions to enhance the capabilities, performance and management of the network to capture value in the IoE.
  • On May 26, 2015, Commvault 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.
  • On May 13, 2015, Commvault announced numerous additions to its product portfolio that enable organizations to thrive in the next wave of cloud adoption by turning data residing in public and hybrid clouds into a powerful strategic information asset. With the release of Commvault Cloud Disaster Recovery, Commvault Cloud Development and Test, Commvault Cloud Gateway and Commvault Cloud Replication, the company is addressing several critical needs demanded by enterprises today.

Use of Non-GAAP Financial Measures
Commvault has provided in this press release the following non-GAAP financial measures: non-GAAP income from operations, non-GAAP income from operations margin, non-GAAP net income and non-GAAP diluted earnings per share. This selected financial information has not been prepared in accordance with GAAP. Commvault uses these non-GAAP financial measures internally to understand, manage and evaluate its business and make operating decisions. In addition, Commvault believes these non-GAAP operating measures are useful to investors, when used as a supplement to GAAP financial measures, in evaluating Commvault’s ongoing operational performance. Commvault believes that the use of these non-GAAP financial measures provide an additional tool for investors to use in evaluating ongoing operating results and trends, and in comparing its financial results with other companies in Commvault’s industry, many of which present similar non-GAAP financial measures to the investment community. Finally, Commvault has provided software, services and total revenues on a year-over-year constant currency basis. Commvault analyzes revenue growth on a constant currency basis in order to provide a comparable framework for assessing how the business performed excluding the effect of foreign currency fluctuations.

These non-GAAP financial measures should be considered as a supplement to, and not as a substitute for or superior to, financial information prepared in accordance with GAAP. Investors are encouraged to review the reconciliation of these non-GAAP measures to their most directly comparable GAAP financial measures, which are provided in Table IV. (Download Financial Tables)

Non-GAAP income from operations and non-GAAP income from operations margin. These non-GAAP financial measures exclude noncash stock-based compensation charges and additional FICA and related payroll tax expense incurred by Commvault when employees exercise in the money stock options or vest in restricted stock awards. Commvault believes that these non-GAAP financial measures are useful metrics for management and investors because they compare Commvault’s core operating results over multiple periods. When evaluating the performance of Commvault’s operating results and developing short and long term plans, Commvault does not consider such expenses. Although noncash stock-based compensation and the additional FICA and related payroll tax expenses are necessary to attract and retain employees, Commvault places its primary emphasis on stockholder dilution as compared to the accounting charges related to such equity compensation plans. In addition, because of the varying available valuation methodologies, subjective assumptions such as volatility, which are outside of Commvault’s control and the variety of awards that companies can issue, Commvault believes that providing non-GAAP financial measures that exclude noncash stock-based compensation expense and the additional FICA and related payroll tax expenses incurred on stock option exercises and vesting of restricted stock awards allow investors to make meaningful comparisons between Commvault’s operating results and those of other companies.

There are a number of limitations related to the use of non-GAAP income from operations and non-GAAP income from operations margin. The most significant limitation is that these non-GAAP financial measures exclude certain operating costs, primarily related to noncash stock-based compensation, which is of a recurring nature. Noncash stock-based compensation has been, and will continue to be for the foreseeable future, a significant recurring expense in Commvault’s operating results. In addition, noncash stock-based compensation is an important part of Commvault’s employees’ compensation and can have a significant impact on their performance. Lastly, the components Commvault excludes in its non-GAAP financial measures may differ from the components that its peer companies exclude when they report their non-GAAP financial measures.

Commvault’s management generally compensates for limitations described above related to the use of non-GAAP financial measures by providing investors with a reconciliation of the non-GAAP financial measure to the most directly comparable GAAP financial measure. Further, Commvault management uses non-GAAP financial measures only in addition to, and in conjunction with, results presented in accordance with GAAP.

Non-GAAP net income and non-GAAP diluted EPS. Non-GAAP net income excludes noncash stock-based compensation, and the additional FICA and related payroll tax expenses incurred by Commvault when employees exercise in the money stock options or vest in restricted stock awards. In addition, non-GAAP net income and non-GAAP diluted EPS incorporate a non-GAAP effective tax rate of 37% in fiscal 2016 and fiscal 2015.

Commvault anticipates that in any given period its non-GAAP tax rate may be either higher or lower than the GAAP tax rate as evidenced by historical fluctuations. On an annual basis, the GAAP tax rate over the past three fiscal years was 34% for fiscal 2015, 37% for fiscal 2014 and 35% for fiscal 2013. The current fiscal year GAAP tax rate is projected to be higher than the rate in recent fiscal years because unfavorable permanent differences are estimated to make up a greater percentage of estimated GAAP pre-tax income. In addition, Commvault’s cash tax rate has been lower than its GAAP tax rate in recent fiscal years. The cash tax rate over the past three fiscal years is estimated to be 26% for fiscal 2015, 18% for fiscal 2014, and 12% for fiscal 2013. Cash taxes paid in fiscal 2016 are projected to be less compared to fiscal 2015 and fiscal 2014. Commvault defines its cash tax rate as the total amount of cash income taxes payable for the fiscal year divided by consolidated GAAP pre-tax income.

Commvault measured itself to non-GAAP tax rates of 37% in fiscal 2015 and will continue to measure itself to a non-GAAP tax rate of 37% in fiscal 2016. Commvault believes that the use of a non-GAAP tax rate is a useful measure as it allows management and investors to compare its operating results on a more consistent basis over the multiple periods presented in its earnings release without the impact of significant variations in the tax rate as more fully described above.  Over the long term Commvault expects its cash tax rate to align with the non-GAAP tax rate. Non-GAAP EPS is derived from non-GAAP net income divided by the weighted average shares outstanding on a fully diluted basis.

Commvault considers non-GAAP net income and non-GAAP diluted EPS useful metrics for Commvault management and its investors for the same basic reasons that Commvault uses non-GAAP income from operations and non-GAAP income from operations margin. In addition, the same limitations as well as management actions to compensate for such limitations described above also apply to Commvault’s use of non-GAAP net income and non-GAAP EPS.

Conference Call Information
Commvault will host a conference call today, July 28, 2015, at 8:30 a.m. Eastern Time (5:30 a.m. Pacific Time) to discuss its financial results. To access this call, dial 800-708-4540 (domestic) or 847-619-6397 (international). Investors can also access the webcast by visiting www.commvault.com. The live webcast and replay will be hosted under the “Events” section of the website. An archived webcast of this conference call will also be available following the call.

[1] Gartner, Magic Quadrant for Enterprise Backup Software and Integrated Appliances, Dave Russell, Pushan Rinnen, Robert Rhame, 15 June 2015

About the Magic Quadrant
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.

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 www.commvault.com. Commvault’s corporate headquarters is located in Tinton Falls, New Jersey in the United States.

Safe Harbor Statement
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, outcome of litigation and others. For a discussion of these and other risks and uncertainties affecting Commvault’s business, see “Item IA. Risk Factors” in our annual report in Form 10-K and “Item 1A. Risk Factors” in our most recent quarter report in Form 10-Q. 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.

©1999-2015 Commvault Systems, Inc. All rights reserved. Commvault, Commvault and logo, the “CV” logo, Commvault Systems, Solving Forward, SIM, Singular Information Management, Simpana, Simpana OnePass, Commvault Galaxy, Commvault Edge, Unified Data Management, QiNetix, Quick Recovery, QR, CommNet, GridStor, Vault Tracker, InnerVault, Quick Snap, QSnap, Recovery Director, CommServe, CommCell, IntelliSnap, ROMS and CommValue, are trademarks or registered trademarks of Commvault Systems, Inc. All other third party brands, products, service names, trademarks, or registered service marks are the property of and used to identify the products or services of their respective owners. All specifications are subject to change without notice.

Press Contacts:
GLOBAL & NORTH AMERICA
Leo Tignini
+1 732-728-5378 (direct)
+1 732-539-6102 (cell)
ltignini@commvault.com
Twitter: @leotignini

APAC
Ian Mackie
+61 2 8197 7704 (direct)
+61 405 489 182 (cell)
imackie@commvault.com
Twitter: @IanRMackie

Analyst Relations
Miranda Lenning
+1 732-728-5378 (direct)
+1 646-370-9785 (cell)
mlenning@commvault.com
Twitter: @mirandaku

Source: CommVault

 

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Two platforms earn Leader status while CrashPlan tops overall satisfaction rankings in G2 Crowd report

CHICAGO, IL – July 28, 2015 — /BackupReview.info/ — The first Grid report for backup tools, published today by business software review site G2 Crowd, ranks 11 products to help purchasers in their selections.

NetApp Backup and Recovery and EMC Avamar were named Leaders in the report, receiving strong customer satisfaction scores with a large market presence.

CrashPlan,Veeam, Druva inSync, CommVault Simpana and Asigra Cloud Backup were named High Performers, earning strong customer satisfaction scores with a smaller market presence than Leaders.

CrashPlan received the highest overall customer satisfaction score.

The Grid, created from G2 Crowd’s software review platform, compiles customer satisfaction as reported by users, along with vendor market presence as determined from public and social data, to rank products. The Summer 2015 report is based on more than 200 reviews written by business and IT professionals.

Backup software is used as a failsafe to protect business data. Data from servers, databases, desktops, laptops, and other devices are copied in case user error or physical disaster render business critical data inaccessible. Several factors differentiate products, including the ability to backup virtual machines or databases, ability to backup remote devices like laptops, and cloud versus on-premise deployment. Some suite products attempt to do all of the above, while others specialize in being a solution to just one business backup problem.

Of the more than 130 software vendors listed in G2 Crowd’s Backup Software category, the ranked products each received 10 or more reviews to qualify for inclusion on the Grid.

Across all backup products, reviewers reported the product they use meets their requirements at an average rate of 87 percent, and on average reviewers said they were 84 percent likely to recommend the product they use. Ease of Setup received the lowest average satisfaction score across all products (78 percent); many reviewers noted setup as a main reason for their overall product satisfaction. Veeam scored the highest in this category, with 92 percent satisfaction.

Some highlights from the backup software reviews on G2 Crowd:

“NetApp’s [technology] not only [protects] customer data and accelerate recovery, but also [integrates] with leading backup applications for easier management. The FAS8000 Series…[enables] enterprise customers to flexibly and efficiently manage and control their data through a single storage and data management platform.” Kevin Storm, Owner at BoatButler

“Moving to [EMC] Avamar… we decreased our backup times from…sometimes more than a week, to…a couple of days [or] hours…Coupled with a Data Domain storage target this solution can ingest an unbelievable amount of data in a short period of time.” Eric Parsons, IT Project Manager at Proto Labs

“CrashPlan…provides one of the best user interface experiences from end to end. The admin console provides brilliant access for managing users and devices. The degree of control on the admin side is matched only by the simplicity and ease of use on the client side. Deployment of the service is well thought out and extremely robust.” Jim Rispin, Assistant Director of ITS and Senior Systems Administrator at Fuller Theological Seminary

“Based off of 10+ years in IT and in college…nothing has come close to the reliability and robustness of [CommVault Simpana]. Over the years I have used other products and loath not using [it] sooner. [it is] truly the best in the market.” Luke Andert, System Administrator at Cambria

“Veeam was very easy to integrate with our existing…environment. Creating backup jobs and setting up basic retention periods was very easy. Setting up secondary destinations and the WAN accelerator was also very simple, allowing us to quickly institute a robust backup strategy with [off-site] duplication. The deduplication and integrated CBT makes the backup footprint very small and causes a much smaller amount of network overhead compared to the other…tools we’ve used.” Pierce Fortin, Sr. Technical Support Engineer/ Systems Administrator at OneShield

“Druva is a very simple system for users to use, very intuitive and has a great user interface. That our users find it easy to use makes them more likely to self-serve than raise a request for assistance in restoring files. The Central administration web-portal gives us a quick and simple status overview of the system, and the central logs and reports allow us to identify and troubleshoot any issues quickly and easily.” Martin Millward, IT systems professional at MoneySuperMarket.com

“[Asigra Cloud Backup] has exceptional logging and fine-grained detail into what’s happening at any given moment. IP addresses, software version numbers, machine hostnames, dates, times and pretty much any other detail you can think of is logged in the software. This greatly assists in troubleshooting efforts across the board.” Johnathan Tracz, IT Technician at ABELSoft

Satisfaction rankings are generated from the user reviews, and market presence is calculated from vendor size, market share, and social impact. Based on a combination of these scores, each software solution is categorized as a Leader, High Performer, Contender, or Niche.

Premium backup product research access can be purchased on G2 Crowd’s website for $599. The report offers the original data for filtering and weighting, as well as individual profiles of each platform, detailed company information, user satisfaction ratings, feature scores and customer metrics. Future refreshes of the Grid will provide updated rankings based on the latest reviews and social data.

Be sure to check out the new Grid for the best backup software and subscribe to the premium research. Please contact G2 Crowd with any questions; you can also follow G2 Crowd on LinkedIn and Twitter for more frequent updates.

About G2 Crowd, Inc.
G2 Crowd, the world’s leading business software review platform, leverages its 37,000-plus user reviews to drive better purchasing decisions. Technology buyers, investors, and analysts use the site to compare and select the best software based on peer reviews and synthesized social data. Co-founded by the founder and former executives from SaaS leader BigMachines and backed by more than $4.5 million in capital, G2 Crowd aims to bring authenticity and transparency to business technology research. For more information, go to G2Crowd.com.

Contact:
Shasta Smith
Blanc & Otus for G2 Crowd, Inc.
+1-415-856-5123

Source: G2 Crowd

 

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With This Collaboration, CloudBerry Customers Can Backup to Google Cloud Storage Nearline for Very Low-Cost Storage with Data Retrieval in Seconds

NEWPORT BEACH, CA – July 28, 2015 — /BackupReview.info/ — CloudBerry Lab™, a vendor of backup and management solutions for public cloud storage services, today announced that its CloudBerry Backup family of solutions supports Google Cloud Storage Nearline on the very first day of the service’s general availability.

Cloud Storage Nearline provides a very low-cost cloud storage option to CloudBerry customers, but without the three-to-five-hour wait that other services require to retrieve data; with Cloud Storage Nearline, customers can retrieve data in seconds. In addition, Cloud Storage Nearline provides a 99 percent availability SLA (service level agreement) and a throughput guarantee of 4 MB per second per terabyte.

For SMBs, this collaboration gives CloudBerry customers access from day one to a low-cost target that’s ideally suited for backup storage. And for CloudBerry’s managed service provider (MSP) partners, Cloud Storage Nearline is fully integrated with all other Google Cloud Platform services and uses the same unified API.

CloudBerry Backup provides SMBs with a reliable, powerful and affordable solution to back up and recover data using the cloud. In addition to offering real-time and/or scheduled regular backups for simple data backups, local disk image, or bare metal restore, the solution employs block level backup for maximum efficiency and provides best-in-class alerting features to track each backup and restore plan remotely. Data is protected via 256-bit AES encryption with keys controlled only by the customer, while confidentiality is enforced through transparent exchange whereby only the end-user has access to the actual data residing on Cloud Storage Nearline.

For VARs and resellers, CloudBerry provides an easily managed, robust platform enabling them to start selling backup services to their customers quickly, increasing revenue and expanding their core suite of service offerings.

“This collaboration with Google Cloud Platform gives all of our customers a cloud storage target that’s perfect for backup storage,” said Alexey Serkov, CTO at CloudBerry Lab. “It’s very low-cost and yet provides access to data in seconds, not minutes or hours, so when customers need to restore, they don’t need to worry about excessive downtime while they wait to retrieve the backups. CloudBerry is excited to be able to offer full Google Cloud Storage Nearline support from day one.”

About CloudBerry Lab
Established in 2008 by a group of experienced IT professionals, CloudBerry Lab™ provides cloud-based backup and file management services to small and mid-sized businesses (SMBs). CloudBerry’s offerings include powerful, easy-to-use backup management capabilities and military-grade encryption using customer-controlled keys. Customers can choose to store their backup data with more than 20 online storage providers, including Amazon S3, Microsoft Azure, Google Cloud, HP Cloud, Rackspace, IBM Softlayer and others. CloudBerry also partners with thousands of VARs and MSPs to provide them with turnkey, white-label data protection services. An Amazon Web Services Advanced Technology Partner since 2012, CloudBerry Lab has also achieved Storage Competency Partner status in the AWS Partner Network. For more information please visit www.cloudberrylab.com. Follow us on Twitter at @cloudberrylab.

Media Contact:
Tara Lefave Stred
+1.781.418.2452
pr@cloudberrylab.com
www.cloudberrylab.com

Source: CloudBerry Lab

 

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Record Q2 results driven by 64 percent growth in enterprise sector as companies recognize limitations of legacy backup; reports 70 percent of Fortune 500 using Veeam Availability Solutions for modern data centers

BAAR, Switzerland – Jul 28, 2015 — /BackupReview.info/ — Veeam® Software, the innovative provider of solutions that deliver Availability for the Modern Data Center™, today announced highlights of its Q2 2015 results, including a 22 percent increase in total revenue bookings over the same period last year. In addition, Veeam reports a 64 percent year-over-year growth in revenue specifically from enterprise customers, with 70 percent of Fortune 500 and 48 percent of the Global 2000 now Veeam customers.

For the third consecutive year, Veeam has been included in the Visionaries quadrant of the 2015 Gartner Magic Quadrant for Enterprise Backup Software and Integrated Appliances.“Organizations are increasingly making their backup product selection from vendors that offer expanded protection capabilities and techniques in addition to traditional backup software, as organizations have come to understand the value of backing up critical data via multiple methods, techniques and destinations,” writes Dave Russell, Vice President and Distinguished Analyst, Pushan Rinnen, Research Director, and Robert Rhame, Research Director, in this year’s Magic Quadrant for Enterprise Backup Software and Integrated Appliances.

“We continue to see enterprises migrate from legacy backup to modern data center availability solutions as they begin to realize that backup alone is not enough to meet the expectations of their stakeholders,” said Ratmir Timashev, CEO at Veeam. “During the last quarter we saw strong growth in not just our enterprise business, but we also broke the 150,000 barrier in terms of total number of customers, further indicating that businesses of all sizes are tired of legacy backup and are hungry for next generation availability solutions as delivered by Veeam.”

“Building a modern data center was the most cost-effective way of protecting our intellectual property,” said Andre Bromes, Senior Vice President and CIO at Goodwill® Industries of Greater New York and Northern New Jersey, Inc., which touches the lives of 95,000 people and places 8,400 individuals in jobs throughout the NYC metropolitan area each year. “Our goal is to ensure our intellectual property is secure and highly available to users 24×7. Our intellectual property is what enables us to deliver all of our services. Veeam not only gave us a way to protect our intellectual property but also a way to maintain the integrity of our data. With Veeam we get the most out of backup, recovery and replication. Veeam transformed IT for us, helping us move from a DR plan to a business continuity plan.”

Additional highlights from Q2 2015 include:

  • New Veeam Availability Suite v9: IT leaders are eagerly anticipating the launch of the new Veeam Availability Suite v9 and the capabilities it can deliver – more than 10,000 Veeam users are already registered to receive news and feature updates of v9 prior to its general availability later this year. In addition, Veeam service provider partners are keenly interested in the new image-based VM replication capabilitiesbeing added to Veeam Cloud Connect, which will enable them to offer disaster recovery as a service (DRaaS), a market estimated to grow from $1.42 billion this year to $11.92 billion in 2020.*
  • Strong growth in cloud: The Veeam Cloud Provider (VCP) program reported an increase of 88 percent in the number of transactions year-over-year. Veeam now has 8,500 service and cloud providers as part of the VCP program worldwide, including more than 850 service providers licensed to offer services for Veeam Cloud Connect.
  • 157,000 customers in 200 countries: Veeam added 11,700 total paid customers, consistent with a historical average of adding approximately 3,500 new customers each month. Veeam’s availability solutions now protect 9.1M virtual machines worldwide.
  • Microsoft Hyper-V new license bookings: 26 percent growth over the same period during the previous year.
  • Expansion to 33,000 ProPartners worldwide: Veeam’s commitment to the channel continues to attract new resellers and VARs to our solutions.
  • Employee growth: Veeam now employs 1,860 people worldwide.

VeeamON 2015: The World’s Premier Data Center Availability Event, will take place October 26–29, 2015 at the Aria Resort and Casino in Las Vegas, NV. For the second consecutive year, Veeam will bring together industry-leading experts, Veeam customers and partners who will learn about enabling the Always-On Business.Registration is now open.

About Veeam Software
Veeam® recognizes the new challenges companies across the globe face in enabling the Always-On Business™, a business that must operate 24/7/365. To address this, Veeam has pioneered a new market of Availability for the Modern Data Center™. Unlike “Legacy Backup” solutions which provide recovery time (RTO) and recovery point objectives (RPO) of hours or days, Veeam helps organizations meet recovery time and point objectives (RTPO™) of less than 15 minutes for all applications and data. This is achieved through a fundamentally new kind of solution that delivers high-speed recovery, data loss avoidance, verified protection, leveraged data and complete visibility. Veeam Availability Suite™, which includesVeeam Backup & Replication™, leverages virtualization, storage, and cloud technologies that enable the modern data center to help organizations save time, mitigate risks, and dramatically reduce capital and operational costs.

Founded in 2006, Veeam currently has 33,000 ProPartners and more than 157,000 customers worldwide. Veeam’s global headquarters are located in Baar, Switzerland, and the company has offices throughout the world. To learn more, visit http://www.veeam.com.

* “Disaster Recovery as a Service Market – Global Forecast to 2020″ published by MarketsandMarkets, June 2015. http://www.marketsandmarkets.com/Market-Reports/recovery-as-a-service-market-962.html

Disclaimer:
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.

Contacts
Veeam Software, Public Relations Manager, Corporate & Americas
Heidi Monroe Kroft
614-339-8200 x8309
heidi.kroft@veeam.com

Yulia Poslavskaya
Veeam Software, Sr. Public Relations Manager (EMEA, Emerging Markets, LATAM)
+7 812 677 50 01
yulia.poslavskaya@veeam.com

Sharmin Jassal
Veeam Software, Public Relations Manager (APAC)
+61 2 8073 5323
sharmin.jassal@veeam.com

Source: Veeam

 

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State of the Art Backup and Disaster Recovery (BDR) Solution Offers Impressive Performance, Security and Scalability

BOSTON, MA – July 28, 2015 — /BackupReview.info/ — Coretelligent, the IT support and private cloud service provider of choice for small and mid-sized businesses, today unveils CoreBDR, a new data backup and disaster recovery (BDR) solution. CoreBDR protects an organization’s data should data loss occur. Organizations hosting their own on-premise infrastructures as well as those that are hosted in the cloud benefit with significantly improved performance, security and scalability over other solutions.

“Data loss is a prevailing threat that many of today’s small and medium-sized business aren’t well prepared for. It’s common to associate data loss with a natural disaster, however, the more likely threats are viruses or malware, hardware failure or even the accidental deletion of a file,” said Kevin Routhier, Coretelligent founder and CEO. “CoreBDR is a state of the art data protection solution that quickly recovers data and restores server infrastructure integrity in minutes, instead of hours required by other solutions. In many cases, employees aren’t even aware that an outage occurred or that a failover took place.”

Unlike other solutions that only backup flat files in a single location, CoreBDR integrates with and backs up virtual machines (VMs), application-specific data and flat files. Supported by CoreCloud’s geo-diversified data centers, CoreBDR allows for the restoration of VMs and data in a one-step process, for instant VM and file-level recovery. Additionally, agentless backup means there are no agents to license, deploy, manage or monitor on hosts or VMs.

CoreBDR leverages two best-of-breed products to seamlessly integrate with cloud and on-premise solutions, and to meet the most complex and evolving backup and disaster recovery needs. EMC Data Domain supplies backup data storage, and Veeam Backup and Replication powers backup and recovery processing.

CoreBDR is architected to meet the most rigorous of security and compliance requirements. Backup data is stored in highly secure, logically discreet buckets within Coretelligent’s storage platform, which can only be accessed by the CoreBDR infrastructure. All data transfers occur on Coretelligent’s private CoreCloud network, or in the case of client on-premise backups, via encrypted HTTPS traffic. Additionally, with Veeam encryption, backups are secure at the source, in-flight and at rest with end-to-end AES 256-bit encryption, without negative impact on WAN acceleration and compression.

CoreBDR is available now. Further details can be found at: http://coretelligent.com/services/corebdr/

For more information on how data loss occurs and how BDR works, download the whitepaper, “The ABCs of BDR: A Primary on the Essentials of Backup and Disaster Recovery,” here: http://info.coretelligent.com/bdr-whitepaper

About Coretelligent
Coretelligent is the IT support and private cloud service provider of choice for small and mid-sized businesses. Founded in 2006 and led by world-class experts, Coretelligent’s four key services – 360 Support, CoreCloud, CoreBDR and managed IT – are relied on by top-tier organizations in the communications, education, financial services, life sciences, retail and technology industries among others. Coretelligent and its team are recognized as leaders by the Boston Business Journal, CRN, Inc., MSPmentor, the U.S. Chamber of Commerce and others. It is headquartered in Needham, Mass., with offices in New York City, Philadelphia and the San Francisco Bay area. For more information about Coretelligent, please visit www.coretelligent.com.

Media Contact:
Coretelligent
Lesley Sullivan, 781-247-4948
lsullivan@coretelligent.com
www.coretelligent.com

Source: Coretelligent

 

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Virtacore Continues to Invest in Platform Growth and Assisting Companies with Their Leading Cloud Technologies

STERLING, VA – July 28, 2015 — /BackupReview.info/ — For businesses looking for help with private cloud, backup, and disaster recovery (DR), there’s no better choice than Virtacore, which took significant steps to expand its cloud data center services and Infrastructure as a Service (IaaS) offerings.

Virtacore forms new tech partnerships:
Virtacore has enhanced its cloud services by forming new technology partnerships. Below are some notable developments:

  • Earlier this year, with the release of Veeam Availability Suite v8, Virtacore became one of the first service provider partners to offer Veeam Cloud Connect, which is built around a 3-2-1 paradigm. The system ensures that users will always have three separate copies of their data, using at least two different media types.
  • Virtacore has also experienced rapid uptake of Zerto-based DRaaS. Over half of new customers have leveraged this technology for both on-premise and cloud-based disaster recovery, as well as DR within the Virtacore Cloud. Many organizations use Virtacore’s disaster recovery service as an entry point for cloud services.
  • In addition, Virtacore continues to experience strong growth with its CoreREPLICATION offering based on Nimble Storage. Nimble offers users the ability to automatically and efficiently replicate data via a VPN Tunnel to a Nimble array in the cloud, providing off-site data storage and reducing bandwidth utilization.

No downtime in 2014:
Enterprises who move their data to the cloud want to be certain it will be safe, secure and easily accessible when needed. The reliability goal for cloud vendors is typically “five nines” – as in 99.999% – but Virtacore can do even better. According to 2014 outage figures, as reported in Enterprise Tech, Virtacore was in a small but elite class of cloud providers with zero downtime this past year. 100.000% uptime is no small task.

Quote:
George Naspo, President & CEO, Virtacore
“We are experiencing nice growth in 2015 with our private cloud disaster recovery services. Last year was a banner year for Virtacore, as we grew the business significantly and continued to invest in our already rock-solid cloud infrastructure. The fact that we experienced zero downtime is a testament to the reliability and redundancy of Virtacore’s enterprise cloud, as well as the dedication of our engineering and operations teams. Several enterprise businesses have moved to Virtacore after experiencing continued downtime with their previous cloud solutions provider. Companies that move to the cloud must have reliable partners that treat their data as if it were their own. I am excited about our future as we continue providing the best solutions for our customers.”

About Virtacore Systems:
Virtacore is a leading cloud services provider specializing in virtual infrastructure as a service (IaaS) solutions utilizing VMware and built on best-of-class enterprise cloud platform technologies. With many years of experience in cloud and Internet services, Virtacore has a long and solid history of providing IaaS and disaster recovery (DR) solutions to meet the critical needs of clients. Virtacore enables the following Private Cloud services for its customers:

  • Virtacloud Reserve – for clients who require dedicated discrete hardware in Virtacore’s secure private cloud environment
  • Virtacloud Power – a secure, flexible, multi-tenant cloud solution

In addition, Virtacore specializes in DR and Backup services, including:

  • CoreDR – powered by Zerto
  • CoreBACKUP – powered by Veeam
  • CoreRECOVERY – powered by VMware
  • CoreREPLICATION – powered by Nimble

Based in Sterling, Virginia, Virtacore maintains a broad U.S. footprint and serves domestic and international enterprise clients. Virtacore is backed by Insight Venture partners, a global private equity and venture capital firm. Virtacore also serves the international markets, recently becoming approved on UK government’s latest G-Cloud 6 framework for cloud data center consulting services and Infrastructure as a Service (IaaS).

Upcoming Virtacore events include:
Channel Partners Event, September 16-18, 2015
Boston, MA
Register Here - http://cloud.channelpartnersconference.com/

CIOSynergy, August 27, 2015
Minneapolis, MN
Register Here - http://ciominneapolis.com/

Midtech Fall Mid-Market IT Summit, October 4-6, 2015
Baltimore, MD
Register Here - http://www.midtechfall.com/

VeeamOn, October 26-29
Las Vegas, NV
Register Here - http://www.veeam.com/veeamon

To learn more, visit www.virtacore.com or Twitter @virtacore.

Contact:
Lisa Hoang
Virtacore Systems
703-935-4415
lhoang@virtacore.com
www.virtacore.com

Source: Virtacore

 

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BRISBANE, QLD – July 28, 2015 — /BackupReview.info/ — Cloud Plus (www.cloudplus.com), a 100% channel focused Australian provider of private cloud solutions, has today announced that strong demand for cloud based infrastructure has seen Cloud Plus continue to grow rapidly in in the last year, achieving 122% revenue growth for FY2015.

Founded in 2010, Cloud Plus delivers enterprise-grade private cloud solutions in conjunction with partners such as systems integrators, managed service providers, carriers and carriage service providers.

In the last 12 months, the number of partners delivering solutions to their clients with Cloud Plus has grown by over 50%, to a total of 62 active partners across Australia.

Jules Rumsey, Chief Executive Officer for Cloud Plus commented, “2015 has seen a huge surge in ransomware attacks within Australia. These attacks involve criminal hackers encrypting business critical data, preventing data access unless a ransom is paid. Such events can be extremely costly and cause massive reputational damage, particularly if appropriate backups and disaster recovery planning are not in place.”

Australian businesses are able to report ransomware attacks to the Australian Competition & Consumer Commission, which operates www.scamwatch.gov.au. Scamwatch statistics show that the number of reported Ransomware and Malware threats in Q2 2015 increased 31% from Q1 2015 to 1239 incidents, with total financial losses increasing 25%.

Cloud Plus provides a pre-integrated suite of best-of-breed services and specialist support to allow clients to rapidly design and deliver private cloud solutions. To help protect end-clients against advanced security threats like ransomware, this suite of services includes sophisticated security, backup and disaster recovery services.

Jules Rumsey continued, “With the rapid rise of ransomware infection rates in Australia, it is critical that businesses take appropriate measures to mitigate threats where possible and rapidly recover from attacks that slip through. Our solution suite includes leading-edge security services that directly address the technology threats posed by ransomware attacks, while our disaster recovery services reduce the impact and recovery time for any business that is the victim of a successful attack.”

“Our partners can deliver comprehensive, robust, secure solutions at a healthy margin without the need to make huge capital investments in network, security and systems infrastructure.”

Cloud Plus invests heavily in infrastructure and technology, and part of this investment has been in its Managed Firewall service, which is primarily based on technology from Fortinet. Its flagship Security Plus bundle includes firewalling, antivirus, antispam, intrusion prevention, content filtering, SSL / IPSec VPN and reporting by default. Optional features such as Active Directory integration, Single Sign-On (SSO) and Two-Factor security that can be enabled as required.

In July 2015, Cloud Plus Managed Firewall with the Security Plus Bundle was awarded ‘Best Security Solution’ for 2015 at the Communications Alliance and CommsDay ACOMM Awards, which showcase the best telco industry achievements each year.

Cloud Plus has delivered a significant number of enterprise-grade private cloud solutions in conjunction with many well-known ICT players, including Thomas Duryea Consulting, Kiandra IT, Systima, Surety IT and Rivercity Solutions.

Cloud Plus is 100% Australian owned and managed, with all client data hosted within highly secure Australian datacentres. Clients are able to connect from their premises to their hosted services via private network services on the Cloud Plus MPLS network at speeds of up to 10Gbps with security provided by an enterprise-grade managed firewall service.

About Cloud Plus
Cloud Plus (www.cloudplus.com) is a 100% channel focused Australian provider of private cloud solutions. Founded in 2010, Cloud Plus delivers enterprise-grade private network, security and cloud infrastructure solutions from datacentres in Brisbane, Sydney, Melbourne and Perth.

Media Contact:
Sebastian Rice
0417 217 091
seb@silverspan.com

Address
Cloud Plus
Level 22, Northbank Plaza
69 Ann St, Brisbane, QLD 4000 Australia

Source: Cloud Plus

 

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By Jon Thordarson, European Technical Support Manager at KeepItSafe
July 27, 2015

KeepItSafe Cloud Backup Expert Tips: The Consequences of Data Loss For Businesses

What if all the business data you have is suddenly wiped out one day due to a fire, system crash or a natural calamity? What will be the cost to your business? Well, while no one has an accurate estimate, everyone would say with no hesitation that the loss would be tremendous. It may even result in the enterprise ceasing to exist. The data loss will be significant not only in terms of the number of man hours that have been lost and will be lost; it will also have immense financial implications. Add to this, the loss of information.

You will no longer have any track of your customers, suppliers, stocks, order details, payment details or amounts that are payable to you from different sources. The thought of a manual reinstatement of the information will be mind-boggling. In the circumstances, it is better to be cautious rather than sorry.

One of the cost effective ways of guarding your data is to create cloud backups of your data. This can be done continuously or near continuously. Fire, floods, natural calamities or man made disasters will lose their edge if you can restore your data from your cloud backup and continue your business from another location while your data center is being rebuilt!

This is not to undermine the importance or the necessity of offline backups. However, offline backups too, are subject to a number of problems. You need to hire a separate storage vault for your offline backups. The backups have to be regular and well catalogued and stored. It will have to also be physically protected against theft and all the disasters against which you protect your data center.

Restoration of the data may demand expertise that you do not possess. All this has financial implications. Added to this is the fact that tapes, USB drives and external drives can fail for unknown reasons and your backup may be lost for ever in the coils of a magnetic tape that can no longer be read by your systems.

Cloud backup of data is a seamless process that can happen even while your data is being generated by your systems. All you need is a powerful Internet connection with sufficient bandwidth for the transmission of the data to your online data repository.

The online data repository can be located in a geographically divergent location and seismic zone. The cloud backup service provider, whose business is backup of data, will have put in place all the necessary controls for the protection of your data and the data of thousands of customers like you. The data center will be specially temperature controlled and physically protected against unauthorized access.

The cloud backup service provider would have his own disaster recovery protocols in place and will ensure that your data is backed up into several multiple online servers simultaneously or at pre-defined intervals to guard against the loss of data. Providers may use one or more geographically dispersed servers for the purpose. Some cloud backup companies also offer to backup your data on to external drives and ship it to you for a nominal cost as an additional service.

Restoration of your data in the event of data loss is also made easy by the cloud backup service vendor. 24 x 7 technical support is placed at your service for any technical queries that you may have with regard to the restoration of your data. You can restore your data to entirely new machines if your original machines have been damaged beyond repair and your data center is no longer usable. If the loss is minor and only a few files and folders have been deleted, you can restore the deleted files and folders immediately from the cloud backup repository using the client access interface provided by these companies as part of their client service.

Future loss of data can be secured against by using the elaborate Administration panels that come packaged with the cloud backup service. Authentication and authorization protocols can be defined and unauthorized users can be prevented from accessing the data in the cloud backup server. Encryption of data during transmission and storage provide an additional layer of protection to the data. No one can access the data stores without the encryption keys that will be available only with the enterprise availing of the service.

So, if you are shuddering at the thought of data loss and its consequences to your business continuity, you will do well to consider the potential of signing up for an cloud backup service for data backup and security.

About the Author:
Jon Thordarson, KeepItSafe’s European Technical Support Manager, has over 15 years as an industry executive. He is an expert in the world of online backup and data protection. Prior to leading the development of technical infrastructure at KeepItSafe®, Jon co-founded and served as CTO for SecurStore – a leading provider of cloud backup services for enterprise networks. Thousands of businesses trust Jon’s guidance with fluctuating data-compliance requirements through the online publication, “EU Data Protection Regulation”. As a principal contributor, Jon identifies the challenges and opportunities of the EU Data Protection Regulation, while providing expert advice for readers to meet new compliance standards. Visit KeepItSafe’s website here: www.KeepItsafe.com

 

 

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By Ben Puzzuoli, Director Sales & Marketing at DataDepositBox
July 27, 2015

Data Deposit Box Online Data Backup Expert Tips: Keeping Our Steps in Sync with Our Users

Innovation is the life breath of the enterprise. It keeps the enterprise pulsing with life. Every partnership must enhance growth and convert the latent energy into the kinetic! Does your cloud technology partnership fulfill this objective?

The cloud product you espouse must provide you with an end to end data protection solution that gets your organization moving into unexplored markets and growth paths, securely, effectively, efficiently. We, at Data Deposit Box keep step with you and innovate; adapt our technology to your needs, as you grow, change and meet the challenges that are peculiar to your business.

While you backup your data 5X faster, we ensure that our patented systems do not make your backup process a nightmare. The software works quietly, unobtrusively; continuously in the background, throttling bandwidth whenever systems are active and accelerating backup during idle times. Open are locked files are no barriers to backup and native integrations ensure that applications are backed up in accordance with performance metrics defined by the third party product manufacturers. Local backup vaults can be created on the fly for faster recovery of data. Mapped drive support; mobile access and remote install are all a part of our offering.

Administrators can ensure data security by assigning rights and permissions and role based access parameters from a central console. Data life cycle management is made simple with elaborate data retention policy settings; advanced scheduling features. Disaster recovery is a breeze with web recovery enablement and smart find templates.

We, at Data Deposit Box understand our users. We strive to remain constantly in sync with the changing, growing needs and ensure that our customers’ remain free to do what they do best—their business. We encourage them to leave the tailoring of the “Cloud” and its “technology” deployment to us. We guarantee that the use of our software requires no elaborate training or knowledge of IT. Our customers can manage all their backed up files; backup sets and systems from anywhere, anytime. They can restore their files from any place using a web browser. They can share information across platforms or set up proactive alerts and notifications. They can create custom reports, audits and monitor activity at the click of a button. In case of difficulty, our support center is available 24/7/365 to handhold them and guide them!

About the Author: Ben Puzzuoli is Director of Sales & Marketing at DataDepositBox, a Toronto based cloud data backup service provider, which is listed at both the Toronto and Frankfurt Stock Exchanges. DataDepositBox technologies and solutions are currently used daily by over 200,000 customers, 1,000 resellers, 25 MSPs and private label partners for online backup and recovery, archiving, disaster readiness, secure file sharing and remote access. Visit DDB website here: www.DataDepositBox.com

 

 

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Enterprise customers get long-term storage economics with immediate data availability

BOSTON, MA – July 23, 2015 – /BackupReview.info/ — Actifio, the copy data virtualization company, today announced a strategic relationship with Google Cloud Platform that will provide Actifio customers with one-click access to Google’s long term vaulting solution, Google Cloud Storage Nearline, right from within the Actifio platform.

Actifio enables hundreds of enterprise customers across 36 countries to capture, manage, and use application data more quickly, efficiently, and simply across business resiliency and agility use cases. Its users create simple, intuitive SLA’s to determine which data will be managed by the system, how often it will be captured from production, where it will be kept, and for how long. Once created, any SLA can be bound to any application, with just a few clicks.

Now Actifio customers can just as easily add a high performance “Vault” profile to their SLA portfolio, enabling them to move application data directly into Google’s new long-term storage platform, Google Cloud Storage Nearline. With just a click, you’ll get long term storage economics (~1¢/GB for data at rest) with immediate availability performance (~3 second response times for data retrieval.)

Other features of the Actifio integration with Google Cloud Storage Nearline include:

  • “Set it and forget it” – Once an SLA including vaulting has been created and attached to an application – say, for production data aged beyond 3 months – the movement of that data into Cloud Storage Nearline is completely automated.
  • Local storage availability – Actifio Sky offers near instant mounting of data volumes, even those stored on Cloud Storage Nearline’s object storage.
  • Improved data access – Actifio makes it easy to clone data from Cloud Storage Nearline, supporting copy data use cases including data analysis and compliance even for data that’s aged out of the data center or production cloud environment.
  • Compression and Encryption – Application data is always compressed globally from production – across secondary use cases – to minimize the storage footprint. Also encrypted by a user-supplied pass phrase.

“Even our largest and most sophisticated enterprise customers are eager to take advantage of the scalability and flexibility of public cloud solutions such as Google Cloud Storage Nearline,” said Actifio Founder & CEO Ash Ashutosh. “The challenge is that the scale and specificity of their business requirements often make it challenging for them to make the transition. Actifio’s application-centric approach to copy data management frees our customers from the constraints of any particular infrastructure. That makes Actifio the perfect solution to migrate late lifecycle data – automatically – into a cloud-based storage solution like Cloud Storage Nearline.”

“We’ve been looking closely at public cloud solutions for some time now,” said Bob Dolinsky, CIO of Sutherland, a global law firm. “Google Cloud Storage Nearline’s attractive cost per terabyte and fast data availability are things we are considering as we look for the right solution to reduce our internal technology footprint.  Being able to access this type of infrastructure through our Actifio copy data virtualization platform would give us the option to combine the public cloud economics we want with the enterprise features we have and need.”

About Actifio
Actifio virtualizes the data that is the lifeblood of businesses spread across 36 countries worldwide. Its Virtual Data Pipeline™ technology decouples data from infrastructure, accelerating business resiliency, agility, and mobility into the cloud while reducing both cost and operational complexity. Its radically simple approach lets customers easily capture application data, manage it more economically, and use it whenever and wherever they need it to ensure business continuity, control access, and develop new applications and insights faster and more efficiently. For more visit Actifio.com, or follow us on Twitter @Actifio.

Contact:
Preeti Wali
Bite for Actifio
actifio@biteglobal.com
315-727-8858

Source: Actifio

 

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corps, Corporate Publishing Services GmbH – member of one of the largest publishing groups for business media in Germany – now uses NAKIVO Backup & Replication to protect their VMware VMs

CAMPBELL, CA – July 27, 2015 — /BackupReview.info/ — NAKIVO Inc., the fastest-growing virtualization and cloud backup software company for VMware environments, today announced that corps. Corporate Publishing Services GmbH (corps) has selected NAKIVO Backup & Replication to protect their VMware environment.

corps is a member of one of the largest publishing groups for business media in Germany. Founded in 1999, the company started with less than 10 people and has since grown to become a major producer of corporate media. corps provides a complete set of publishing services: from creating a media concept, texts, and art to project planning, management, media production, advertising, sales, subscription services, and marketing. For over 15 years, the company has produced over 1,000 business magazines on behalf of their clients.

corps is proud not only of its long-term cooperation with many of their customers, but also of its numerous awards, including the Best of Corporate Publishing Awards (6 gold, 17 Silver, and 1 Bronze), Fox Awards (2 Gold), Horizon Award (Gold), International Automotive Advertising Award, Mercury Grand Award, and Cannes Lions Media Award (Silver). Visit www.corps-verlag.de for more information.

A few years ago – when corps was a much smaller company – availability of IT systems and data protection was minor factor for corps. “We could afford to wait for a few hours or even for a day for something to be restored,” says Simon Flohr, Project Manager and Head of IT at corps. “This has changed recently as we continue to grow the company. In the past, we mainly published quarterly magazines. But now we have many monthly and even weekly publications, so with this short time to make an issue we just cannot afford to have any significant downtime.”

Providing business availability and data protection became one of the top business priorities. As a first step in the process of improved availability and data protection, the company moved its IT infrastructure from physical servers to VMware vSphere. “We now have a standard set of applications such as Microsoft Exchange and Active Directory, file and print servers, and so on that run on VMware,” says Simon. “Additionally we also have some specialized applications on VMware for our publishing needs, like VMs for our management system, which we use to issue our publications. Finally, our most important VMs are our customer databases where we store our customers’ data with addresses and so on.”

After the migration was complete, corps began looking for a native VMware backup solution. Their new IT services and support partner – Hanno Kirchhoff EDV-Beratung GmbH – recommended NAKIVO Backup & Replication, and corps began evaluating the solution. “Since the time NAKIVO Backup & Replication was installed and configured by our IT services partner, it has been transparent, extremely available, and I can easily use it even though I’m not a professional VMware administrator,” says Simon.

NAKIVO Backup & Replication is VMware-certified, purely agentless, and features a simple and intuitive Web interface. The product provides image-based backup and replication of entire VMs, supports live applications and databases, and enables instant recovery of VMs, files, and application objects directly from compressed and deduplicated VM backups. The product also speeds up data transfer with network acceleration, and reduces data size with global deduplication and compression.

Simon appreciates the email reporting feature of NAKIVO Backup & Replication. “The product is running backup jobs every day, so I really want to know what was done and if all the jobs finished successfully,” says Simon. “That’s what I really like about NAKIVO Backup & Replication – it sends me daily reports over email with all the information that I need, so I can monitor the state of VM backup.”

“NAKIVO Backup & Replication is very reliable and very easy to use, even if you’re not a trained professional. I didn’t experience any problems with it and thus I didn’t even need to read manuals or go to technical support,” says Simon.

NAKIVO Backup & Replication is used to protect VMware infrastructure at corps. “NAKIVO Backup & Replication has worked perfectly for us thus far and we plan to use it for the years to come,” says Simon. “I’m now confident that if our systems fail, NAKIVO Backup & Replication will restore them quickly and effortlessly, saving us a lot of money and time. This gives me a piece of mind.”

RESOURCES

  • Overview: www.nakivo.com/VMware-VM-backup-replication-recovery-software.htm
  • Datasheet: www.nakivo.com/Resources/NBR-DS.pdf
  • Backup to Cloud: www.nakivo.com/vmware-cloud-backup-as-a-service.htm
  • Success Stories: www.nakivo.com/success-stories.htm
  • Trial Download: www.nakivo.com/en/VMware-Backup-Free-Trial.htm

ABOUT NAKIVO
Headquartered in Silicon Valley, NAKIVO is a privately-held software company that has been profitable since founding in 2012. With more than 7,500 customers – including many Fortune 1,000 companies – and over 900 channel partners across 102 countries worldwide, NAKIVO develops and markets a line of next generation data protection products for clouds and VMware virtualized environments. NAKIVO provides a fast, reliable, and affordable VM backup and replication solution for enabling SMBs and enterprises to protect and recover VM data onsite, offsite, and to the cloud. NAKIVO has also enabled over 50 hosting, managed, and cloud services providers to create and offer VM Backup-as-a-Service, Replication-as-a-Service, and DR-as-a-Service to their customers. NAKIVO was the first virtualization backup specialist to offer SMBs cloud backup to public clouds such as Amazon and multi-tenancy to cloud service providers and enterprise customers. For more information, please visit www.nakivo.com.

Follow Nakivo on Twitter: @NAKIVO
Connect on Facebook: www.facebook.com/NakivoInc
Join us on LinkedIn: www.linkedin.com/company/nakivo

Contact:
Yana Petrenko, MarCom Manager
yana.petrenko@nakivo.com
+1 408 916 5955

Source: Nakivo

 

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Company is Only Cloud-based Vendor in Leader Quadrant

LOS ALTOS, CA – July 24, 2015 — /BackupReview.info/ — Box (NYSE:BOX) today announced that it has been positioned as a Leader in Gartner’s “Magic Quadrant for Enterprise File Synchronization and Sharing (EFSS)[1].”

Box was evaluated among 16 vendors in the market based on 15 criteria. Box is the only cloud-based provider among the four leaders. Gartner Magic Quadrants evaluates vendors within a particular market segment based on their completeness of vision and their ability to execute on that vision.

In the report, Gartner states that, “Leaders provide mature offerings that meet market demand. They have demonstrated the vision necessary to sustain their market positions as requirements evolve.” Moreover, “leaders typically possess a significant, satisfied customer base, and they enjoy high visibility in the market.”

“This is a highly competitive and fast-growing market, as nearly every business in the world is looking for technology to power new ways of working to increase productivity and collaboration across their organization,” said Whitney Bouck, senior vice president and general manager of enterprise at Box. “Our leadership position in this magic quadrant demonstrates that cloud-only technologies are able to meet the most stringent security needs of large and heavily regulated enterprises across all industries, while also providing a platform for enterprise content collaboration, business processes and workflow support.”

According to Gartner, “EFSS refers to a range of on-premises or cloud-based capabilities that enables individuals to synchronize and share documents, photos, videos and files across mobile devices, such as smartphones, tablets and PCs.” Gartner adds that, “Security and collaboration support are critical aspects for enterprises to adopt EFSS.”

Box makes it easy for more than 37 million users and 47,000 organizations around the world to share and collaborate securely on their most important content. In fiscal Q1 2016, Box grew its presence among the Fortune 500 and Global 2000, launched into a new vertical market, and introduced new product and platform innovations and investments. Most recently, Box and IBM announced a global partnership that will combine the best-in-class technologies and resources of both companies to transform work in the cloud.

Q1 FY2016 key highlights include:

  • Added 2,000+ customers and now has more than 47,000 customers globally, including General Electric, AstraZeneca, the U.S. Department of Justice and Schneider Electric.
  • Announced Box for Financial Services.
  • Launched Box Enterprise Key Management, a patent-pending solution that enables organizations to collaborate in the cloud, while maintaining full control over the encryption keys.
  • Introduced Box Developer Edition, which for the first time enables Box customers and developers to tap the full power of the Box platform and create apps for millions of new users.
  • Completed acquisition of Subspace to help extend content securely to all devices.
  • Announced the acquisition of Verold, a cloud-based 3D rendering technology that extends Box’s capabilities to interactive 3D content and new use cases in industries like manufacturing, retail, consumer products, and more.

For more information on today’s announcement, please visit the Box blog: https://www.box.com/blog/gartner-magic-quadrant-2015/

Download a copy of the Gartner Magic Quadrant report here: https://goo.gl/txfL9E

To hear how innovative companies across industries are using technology to transform their business, join us at BoxWorks 2015, September 28 – 30 at Moscone Center in San Francisco www.box.com/boxworks/.

Disclaimer:
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. 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.

About Box
Founded in 2005, Box (NYSE:BOX) is transforming the way people and organizations work so they can achieve their greatest ambitions. As the world’s leading enterprise software platform for content collaboration, Box helps businesses of all sizes in every industry securely access and manage their critical information in the cloud. Box is headquartered in Los Altos, CA, with offices across the United States, Europe and Asia. To learn more about Box, visit www.box.com.

[1] – Gartner, Magic Quadrant for Enterprise File Synchronization and Sharing, Monica Basso, Jeffrey Mann, Charles Smulders, July 22, 2015.

Contact
Box PR
Rachel Levine
650-543-6926
rlevine@box.com
www.box.com

Source: Box

 

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SpiderOakONE Version 6.0 updates key features and enables faster performance at a new price

SAN FRANCISCO, CA – July 23, 2015 — /BackupReview.info/ — Privacy solutions company SpiderOak today launched SpiderOakONE, the latest major release of its popular Zero Knowledge backup solution. During the past several months, SpiderOak has significantly improved performance, increased storage for its most affordable plans, and launched a small business version of the core private backup product. And, the company closes a venture funding round.

OCA Ventures of Chicago led the $3.5 million Series A round including BW Capital Partners, DRW Venture Capital and KGC Capital. SpiderOak earns consistent user and revenue growth, has high retention of paid users, and is experimenting with new product concepts in the privacy marketplace. This round of funding allows SpiderOak to increase its development staff and accelerate growth.

SpiderOak President Mike McCamon added, “For too long users have had to make compromises between usability and privacy. SpiderOakONE is a big step towards providing the most affordable, secure and private cloud backup solution, without making that compromise. While there’s still work to be done, we want to fully enable solutions that offer true privacy in the cloud.”

“We are very excited about the prospects for SpiderOak as consumers and companies continue their move to the cloud and realize the importance of true privacy, which SpiderOak is uniquely positioned to deliver via their Zero Knowledge architecture” said Ian Drury General Partner at OCA Ventures.

Pricing for SpiderOakONE is $12 a month for 1TB of storage. Smaller storage plans start at $7 a month for 30GB with Small Business and Enterprise implementations for groups of users as low as $5 per user per month for unlimited space. New users can download the product and sign-up for a free 60-day trial.

SpiderOakONE is built using a Zero Knowledge architecture which encrypts data prior to transfer from the user’s computer to a secure server. Users are the sole maintainer of the keys required to decrypt and read the data. By using this design, SpiderOak can never know more than the client’s username, billing information, email address, and the amount of data stored in the users’ account. This means that SpiderOak does not know, trade or otherwise mine the data entrusted to it by customers.

About SpiderOak
For almost a decade, SpiderOak has given people control of their data online. Its Zero Knowledge privacy cloud solutions are designed to be 100% private, innovative, reliable, and affordable for individuals, groups and enterprises. More than one million people have downloaded the online backup solution SpiderOakONE.

Contact
Press Team
press@spideroak.com
www.spideroak.com

Source: SpiderOak

 

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PARIS – July 23, 2015 – /BackupReview.info/ — Box today announced that ICADE, a French real estate group and subsidiary of the French financial organization, Caisse des Dépôts, is deploying Box’s cloud content sharing and collaboration platform to its 1,500 employees. ICADE has chosen Box to empower mobile access to content, information sharing and collaboration among disparate teams.

“Box is an essential tool in our drive towards complete digital transformation. Its collaborative capabilities are central to the modernization of ICADE’s business processes,” said Olivier Dangréaux, director of information systems and digital at ICADE. “Box has helped us to completely change the way we work: our entire workforce has become more autonomous, flexible and much more productive.”

“More and more French organizations are choosing solutions that allow them to move off of expensive, legacy architecture and create more agile and productive environments for employees,” said Jeremy Grinbaum, regional vice president for France and southern Europe at Box. “Box helps customers like ICADE to confidently embrace collaboration and mobility by coupling an intuitive end-user experience with robust admin controls to securely manage information.”

ICADE has selected Box to:

  • Enable greater productivity through secure, user-friendly tools;
  • Improve collaboration and sharing across the organization;
  • Empower a more mobile workforce who can work anywhere and on any device;
  • Encourage staff to be more autonomous and less dependent on the IT team.

Box makes it easy for more than 37 million individuals at 47,000 businesses around the world to share and collaborate. With today’s announcement, ICADE joins a growing list of French and global leaders who have moved to Box, including Schneider Electric and Lago Paris.

About ICADE
ICADE is a listed company, a subsidiary of the Caisse des Dépôts and a major player in Greater Paris and regional development, capable of providing comprehensive, sustainable and innovative solutions that are tailored to customer needs and the challenges of tomorrow’s cities. A leading commercial real estate company in Europe, ICADE recorded an EPRA earnings from property investment of 270 million euros in 2014. On 31 December 2014, its EPRA triple net asset value reached 5,528 million euros, or 75.2 euros per share.

About Box
Founded in 2005, Box (NYSE: BOX) is transforming the way people and organizations work so they can achieve their greatest ambitions. As the world’s leading enterprise software platform for content collaboration, Box helps business of all sizes in every industry securely access and manage their critical information in the cloud. Box is headquartered in Los Altos, CA, with offices across the United States, Europe and Asia. To learn more about Box, visit www.box.com.

Contact
Box
Titus Thomson
44 (0) 7598029952
titus@box.com
www.box.com

Source: Box

 

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Recognized for Hybrid, Adaptive Enterprise File Services in Cloud Computing Industry

MOUNTAIN VIEW, CA – July 23, 2015 — /BackupReview.info/ — Egnyte, the market leader in Adaptive Enterprise File Services, today announced it has been named Cloud Company of the Year in the 2015 Stratus Awards for Cloud Computing. The crowd-sourced industry awards program recognizes companies, executives, and their services whose innovative approaches are helping to accelerate the development and adoption of the cloud in consumer and business markets. Egnyte’s open, hybrid architecture enables seamless and secure file sharing for businesses across industries, and the judges recognized its flexible deployment options, noting that “Egnyte’s solutions offer the best of both worlds.”

“We are so proud that our judges awarded Egnyte with a 2015 Stratus Award,” said Russ Fordyce, managing director of the Business Intelligence Group. “It is clear that their performance and innovation has accelerated the adoption of the cloud. Congratulations to the entire team.”

The underlying theme in this year’s award program was operational excellence, highlighting how Egnyte’s innovations and execution strategies leads to superior customer experiences and greater adoption of cloud-based services.

“Since we founded Egnyte, our team has focused on delivering enterprise file-sharing services to best meet the needs of both IT and business users across industries,” said Vineet Jain, co-founder and CEO at Egnyte. “We’re thrilled to win this award as it’s a testament to our continued efforts to provide the most value to our customers — with the latest features and best user experience.”

For more information on Egnyte, visit www.Egnyte.com.

About Egnyte
Egnyte is the market leader in Adaptive Enterprise File Services that uniquely anticipate IT and end users’ needs to securely, easily and intelligently share files on premises and in the cloud. Egnyte’s award-winning platform integrates with any cloud, storage, device and business application to enable customers to optimize their collaboration environments through secure access, centralized control and unified visibility. Egnyte enables IT to make informed decisions on infrastructure utilization and workflows and end users to access unique content intelligence to proactively adapt their content sharing, management and protection strategies.

Egnyte was founded in 2007 and is a privately held company headquartered in Mountain View, CA. It is backed by venture capital firms, including Google Ventures and Kleiner Perkins Caufield & Byers, as well as technology partners, such as CenturyLink and Seagate Technology. Please visit www.egnyte.com or call 1-877-7EGNYTE for more information.

Additional Resources

  • Follow Egnyte on Twitter: www.twitter.com/Egnyte
  • Join Egnyte on Facebook: www.facebook.com/Egnyte
  • Connect with Egnyte on LinkedIn: Egnyte LinkedIn Company Page

Global Press & Media Contact
Colin Jordan
Egnyte
Phone: 1-650-743-6471
Email: cjordan@egnyte.com
Website: www.egnyte.com

Source: Egnyte

 

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Airbnb, LinkedIn, Spotify, Twitter and Zenefits Choose Box

LOS ALTOS, CA – July 22, 2015 –/BackupReview.info/ –Box (NYSE:BOX) today announced that leading, high-growth technology companies Airbnb, LinkedIn, Spotify, Twitter and Zenefits have chosen Box to power secure collaboration and to enable mobile access to information. These companies join Box’s growing technology customer base, which includes Cisco, eBay, Avago Technologies, Flextronics, Symantec and others.

“Organizations of all sizes are facing new competitive forces requiring them to move faster, build smarter products, make better decisions based on data and collaborate globally,” said Aaron Levie, co-founder and CEO of Box. “This information-driven transformation requires organizations to contend with new ways of working that reshape their organizations and markets. We are incredibly excited to work with these organizations to empower employees with better access to information, drive more productivity company-wide, and scale with them as they grow.”

The new technology companies announced today represent a wide variety of use cases:

  • Airbnb utilizes Box company-wide as a tool to centralize content management for documents and images and to enhance the productivity of its employee base.
  • LinkedIn has made Box available to all employees to power internal and external collaboration and support media teams sharing large files.
  • Spotify selected Box to enable employees across numerous departments to quickly and easily create documents, manage them from a central location and securely share and collaborate on them simultaneously.
  • Twitter leverages Box for personal drive replacement and to streamline project management for employees collaborating internally and with external parties.
  • Zenefits chose Box as the internal and external collaboration tool for their sales and customer support teams and to provide these teams with a central repository for all information.

“Airbnb is all about people and experiences; our goal is to create a sense of belonging. We apply that same vision to our IT strategy, implementing systems and solutions that will help the business scale,” said Mike Jennings, head of Global IT at Airbnb. “Box makes it easy for our employees to collaborate and always have access to the documents teams need to be productive.”

Box makes it easy for more than 37 million users and 47,000 organizations around the world to share and collaborate securely on their most important content. With today’s announcement, these leading technology companies join global organizations that have moved to Box to power better ways of working, including GE, Schneider Electric and Procter & Gamble.

To learn more about today’s announcement, visit the Box blog.

To hear how innovative companies across industries are using technology to transform their business, join us at BoxWorks 2015, September 28 – 30 at Moscone Center in San Francisco www.box.com/boxworks/

About Box
Founded in 2005, Box (NYSE:BOX) is transforming the way people and organizations work so they can achieve their greatest ambitions. As the world’s leading enterprise software platform for content collaboration, Box helps businesses of all sizes in every industry securely access and manage their critical information in the cloud. Box is headquartered in Los Altos, CA, with offices across the United States, Europe and Asia. To learn more about Box, visit www.box.com

Contact:
Box PR
Dyani Vanderhorst
650-543-6926
dvanderhorst@box.com
www.box.com

Source: Box

 

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