Online Backup Review: Online backup news, reviews, interviews, directory and general data backup and storage related site Canada,UK,France,Germany,USA,India,Swiss,Switzerland,China,Italy,Russia-helping you choose the best Internet based backup solution.
Reach-your-cloud-backup-storage-disaster-recovery-users
Advertise with us



Follow us at:

Monthly Top Rated

Online Backup Review Top 25 50 75 100 Cloud Backup Service Providers Monthly Ranking Top Online Data Backup Rankings
Top 100 for Feb. 2019
Top 25 Enablers for Feb. 2019

Industry Links


Backup-Everything-UK-Cloud-Backup-Online-Backup-Remote-Backup

.

Alliance provides endpoint protection to enterprise market

BOSTON, MA – February 14, 2019 — /BackupReview.info/ — Today, Carbonite, Inc. (NASDAQ: CARB), a global leader in data protection, and Veritas Technologies, a worldwide leader in enterprise data protection and software-defined storage, announced a new partnership designed to provide enhanced endpoint device protection to Veritas customers. Veritas will act as an authorized distributor and reseller of Carbonite Endpoint to its customer base.

Carbonite Endpoint is a hybrid cloud solution that safeguards the data that resides on an organization’s computers, laptops, tablets and smartphones. Using file-level backup with patented global deduplication, Carbonite allows businesses’ IT managers to mitigate data loss while maximizing overall performance across distributed networks. Carbonite Endpoint provides a flexible and effective data protection solution for any size business.

“We are very excited about the prospect of working with Veritas, a long-standing leader in enterprise-scale data protection,” said Norman Guadagno, SVP Marketing, Carbonite. “The endpoint is one of the most critical vulnerabilities for businesses today, and Carbonite Endpoint has demonstrated its ability to empower IT managers to protect businesses at scale.”

“As the data protection needs of businesses continue to evolve, and our enterprise customers turn to us as a trusted technology vendor and partner, we believe that offering a best-in-class endpoint protection SaaS solution is essential,” said Simon Jelley, VP Product Management Veritas Technologies. “With Carbonite and Carbonite Endpoint, we have found a partner that shares our dedication to data protection and a solution that meets enterprise customers’ needs.”

Resources

  • Learn more about the Carbonite Data Protection Platform here: Carbonite Data Protection Platform – https://www.carbonite.com/data-protection/solutions-overview/
  • Learn more about the Carbonite Partner Program here: Carbonite Partner Program – https://www.carbonite.com/carbonite-partners/

About Carbonite
Carbonite provides a robust Data Protection Platform for businesses, including backup, disaster recovery, high availability and workload migration technology. The Carbonite Data Protection Platform supports global businesses with secure cloud infrastructure. To learn more visit www.Carbonite.com and follow us on Twitter at @Carbonite.

About Veritas
Veritas Technologies is a global leader in enterprise data management – our software and solutions help organizations protect their mission-critical data. Tens of thousands of businesses, including 97% of Fortune 100 companies, rely on us every day to back up and recover their data, keep it secure and available, to guard against failure and achieve regulatory compliance. In today’s digital economy, Veritas delivers technology that helps organizations reduce risks and capitalize on their most important digital asset – their data. Learn more at www.veritas.com or follow us on Twitter at @veritastechllc.

Media Contacts (Carbonite)
Sarah King
Carbonite
617-421-5601
media@carbonite.com

Kelsey Shively
Weber Shandwick (for Carbonite)
425-306-2090
wswnacarbonite@webershandwick.com

Investor Relations Contact (Carbonite):
Jeremiah Sisitsky
Carbonite
781-928-0713
investor.relations@carbonite.com

Veritas PR Contact
US Contact
Veritas Technologies
Text 100 (For Veritas)
Veritas@text100.com

EMEA Contact
Veritas Technologies
James Blamey +44 7467 688263
James.blamey@veritas.com

APJ Contact
Veritas Technologies
Ban Leng Neo +65 9771 3894
BanLeng.neo@veritas.com

Source: Carbonite, Inc.

 

 

General Tags: online backup, backing up online, online data backup, online backup companies, online file backup, CEO interviews, software as a service, online backup reviews, online backup services, cloud computing, online backup news, compare online backups, online backup providers directory, data storage, data security, SaaS, top rated online backups, online file storage

Like us on Facebook




===========================
Do you like this post? Subscribe to our RSS feed ===========================



Share/Save/Bookmark


Backup-Everything-UK-Cloud-Backup-Online-Backup-Remote-Backup

.

Trusted Data Solutions and Insentra Transform Legacy Data Access, Manageability for Enterprise Customers Worldwide Partnership Formed to Deliver Superior End-to-End Compliant Legacy Data Management

NEW YORK, NY – February14, 2019 — /BackupReview.info/ — Trusted Data Solutions (TDS), the global leader in legacy data and voice management and transformation, and Insentra, a collaborative IT Services partner based in Australia, have partnered to bring TDS’ Restoration Assurance Program and Evolve email archive migration solutions to Insentra’s network of partners in highly-regulated compliance driven industries.

“This partnership between TDS and Insentra will increase the availability of key email archive migration capabilities and introduce our expansive legacy data management services that expand to tape and voice via a partner like Insentra who has proven leadership in data migrations and IT infrastructure services including Office365” said Marcella Arthur, worldwide vice president of marketing and channel operations at TDS.

Email archive and file archive migrations have become increasingly difficult to achieve, especially as online and offline files are involved. Insentra’s FastTrack status with Microsoft and continued global expansion as a leader in the channel services space makes them a logical partner for TDS who looks to recruit proven solution providers with expert services and superior customer support. Many of today’s Cloud initiatives are centered around the Microsoft stack, as well as a few other providers. Together, Insentra and TDS will work to address and resolve the complex data challenges faced by customers, whether they are migrating for greater capabilities, consolidation purposes, or simply to restore previously archived files.

“We are excited to be using the Evolve solutions to fulfill client requirements we have previously been unable to address. Additionally, TDS’ Restoration Assurance Program and other tape services will also serve our partners and their clients needing to modernize their technology stack”
said Ronnie Altit, chief executive officer of Insentra.

For more information on Trusted Data Solutions go to http://www.trusteddata.com

For more information on Insentra and their services, go to www.insentragroup.com

About Trusted Data Solutions
For more than two decades, Trusted Data Solutions (TDS), the foremost expert in legacy data, tape, email and voice, has set the standard in compliantly transforming the management and accessibility of legacy data and voice logger system electronically stored information. Their leadership in backup tape restoration, email migration, and voice logging retrieval and restoration services, coupled with their recent Voice Compliance Practice advancements which include the delivery of voice technology migration, implementation, and end-to-end system support, makes them a one-stop-shop for organizations requiring an all-inclusive voice managed service. As the preferred choice for corporations, regulated institutions, eDiscovery specialists, government agencies and law firms that require an expert, trusted partner for their compliant data transformation initiatives, TDS’s industry leadership is demonstrable in their commitment to advancing their services and operations to support the demands of their growing, global customers and partners.

With its North America Headquarters in New York City, and two international headquarters in the United Kingdom and Singapore, TDS maintains one of the most expansive global restoration assurance facilities footprint in the market – with facilities in New York, New Jersey, California, Canada, England, Wales, Germany, the Netherlands, Norway, Switzerland, Australia, Hong Kong and Singapore – with millions of customer tapes under management, equating to over 500 petabytes of data, across 37 thousand successfully delivered projects.

TDS is a wholly owned subsidiary of TDS Global Holdings which is privately held.

About Insentra
Insentra is a collaborative IT Services partner delivering specialized Professional and Managed Services. Our partner-centric model provides the channel direct access to industry expertise and accountable outcomes. We believe great business relationships start with trust. We are 100% channel focused, meaning we only transact and deliver services exclusively with our partners, however we view our clients as both the service provider and end-user.

Our dedication is based on the vision to be the number one channel services company on the planet. We do this by being the best versions of ourselves, creating an outstanding environment for our team, loving the work we do and amazing each other, our partners and their clients. We are and always will remain a partner obsessed company.

Contact
Marcella Arthur
Trusted Data Solutions
Phone: +1-908-601-2333
Email: marketing@trusteddata.com
Website: www.trusteddata.com

Address:
Trusted Data Solutions
99 Madison Avenue
New York, NY
USA, 10016

Source: Trusted Data Solutions

 

 

General Tags: SaaS, online backup reviews, online data backup, online backup providers directory, cloud computing, online backup news, software as a service, online file backup, top rated online backups, backing up online, data security, compare online backups, online backup companies, data storage, online backup, online backup services, online file storage, CEO interviews

Like us on Facebook




===========================
Do you like this post? Subscribe to our RSS feed ===========================



Share/Save/Bookmark


Backup-Everything-UK-Cloud-Backup-Online-Backup-Remote-Backup

.

Survey respondents embrace cloud, security and data protection capabilities to set themselves apart from the pack

NEW YORK and MIAMI, Feb. 14, 2019 — /BackupReview.info/ — Kaseya®, the leading provider of complete IT infrastructure management solutions for managed service providers (MSPs) and internal IT organizations, today released the results of its 2019 MSP Benchmark Survey. The eighth annual survey revealed that the highest performing MSPs are proactively beefing up their services as the mainstream adoption of cloud computing and security concerns increase opportunities for higher-margin ways to deliver infrastructure.

Key industry trends – the need to manage hybrid and multi-cloud environments, heightened attention to security, and the requirement for data backup and protection in a data-driven world – present a combination of crucial challenges for MSPs. The survey showed that top MSPs — those that reported an average annual monthly recurring revenue (MRR) growth over 20 percent – have stepped up their game in these areas to stay ahead of competitors.

In cloud, they’re scaling up services for customer segments that match their expertise and experience, and as a result, enjoy a margin range almost double that of MSPs overall, according to the survey. As infrastructures become more intricate and difficult to secure, these MSPs have expanded beyond predictable, standard offerings and deliver emerging services in real-time intrusion detection, two- or multi-factor authentication, third-party application updating and other areas. To assure robust disaster recovery and backup capabilities, 85 percent of the most successful MSPs use more than one backup provider to support customers’ needs, compared with 78 percent of all respondents.

Infrastructure monitoring and management continues to be the fastest growing and most widely offered services among all MSPs, and are a minimum for entry in today’s MSP marketplace. The survey found that while top MSPs continue to invest in these areas, they also recognize the opportunity to grow their service lines and maximize profit margins by furnishing customers with new solutions that fit any budget.

According to the survey, most MSPs struggle with the chicken-and-egg question of prioritizing between RMM and PSA. Top MSPs, however, know that blindly installing either of these tools is no guarantee of success. Each may be a precursor to the other, but their ability to integrate together is easily the single most important feature of any PSA or RMM solution. Eighty percent of high-performing MSPs considered integration to be exceptionally important, compared with 69 percent of all respondents.

The annual Kaseya MSP Benchmark Survey is known as the industry’s most powerful tool for analyzing the MSP market, pinpointing the technologies and processes that differentiate the most successful MSPs. The survey collects information on pricing and service delivery trends, new service offerings, and operational resources and requirements. Data was gathered from both Kaseya and non-Kaseya customers in the fourth quarter of 2018 with responses from more than 800 MSPs of all sizes in over 40 countries.

“Kaseya’s annual survey of MSPs worldwide reveals the strategies that these firms rely on to provide the most value to customers and stay ahead of the competition in a crowded marketplace,” said Jim Lippie, SVP of channel development at Kaseya. “This year’s survey shows that business demands are now more intense and less predictable. This sets up an evolving MSP landscape in which the winners boost revenue through a broad menu of profitable new services and more efficiently run their own operations through increased automation and modern pricing structures.”

Other key findings from Kaseya’s 2019 MSP Benchmark survey include:

Cloud continues to change everything. As more of their customers migrate their IT infrastructure to the cloud, high-performing MSPs embrace cloud integration, migration, implementation and management. Seventy-one percent of top MSPs host some part of their clients’ infrastructure in a private cloud environment, compared with 59 percent of all respondents.

Backup is seeing changes. Ransomware and malware are far too common. Meanwhile, big data, the Internet of Things and artificial intelligence are driving businesses to be increasingly data-driven. Vigorous backup and disaster recovery (BDR) capabilities are a must, and high-growth MSPs are beefing up their BDR tools to make sure customers are protected.

Cost-based pricing is fading. Top MSPs recognize that focusing solely on cost always leaves the door open for a less-expensive vendor. Instead, they are concentrating on the value their services bring to clients. Twenty-two percent of these MSPs earned more than half their revenue from a value-priced model, compared with 16 percent that earned it from a cost-based model.

Bigger doesn’t mean better. More than a third of high-performing MSPs have fewer than 10 employees. Rather than increasing headcount, these MSPs leverage the full power of automation to put time-consuming, rote tasks on autopilot. This allows them to manage thousands of endpoints per technician versus a few hundred without automation, as well as deliver high-value added services to their customers.

For more details and a comprehensive analysis of the findings, download the 2019 Kaseya MSP Benchmark Survey Report here: https://www.kaseya.com/resource/building-a-bionic-msp-practice-best-practices-from-the-highest-growth-msps-in-the-world/

About Kaseya
Kaseya® is the leading provider of complete IT infrastructure management solutions for managed service providers (MSPs) and internal IT organizations. Through its open platform and customer-centric approach, Kaseya delivers best in breed technologies that allow organizations to efficiently manage, secure, and backup IT. The Kaseya IT Complete platform is the industry’s most comprehensive, integrated solution suite purposely engineered to help IT both run and grow the business. It empowers businesses to command all of IT centrally, easily manage remote and distributed environments, simplify backup and disaster recovery, and automate across IT management functions. Kaseya solutions manage over 10 million endpoints worldwide. Headquartered in Dublin, Ireland, Kaseya is privately held with a presence in over 20 countries. To learn more, visit www.kaseya.com

Media Contact
Cathy Wright
Offleash for Kaseya
kaseya@offleashpr.com

Source: Kaseya

 

 

General Tags: software as a service, online backup companies, cloud computing, backing up online, data storage, online backup services, online data backup, CEO interviews, SaaS, compare online backups, online file storage, online backup news, top rated online backups, online file backup, online backup providers directory, data security, online backup reviews, online backup

Like us on Facebook




===========================
Do you like this post? Subscribe to our RSS feed ===========================



Share/Save/Bookmark


Backup-Everything-UK-Cloud-Backup-Online-Backup-Remote-Backup

.

Bringing 20+ Years of Marketing Experience to Increase Market Presence

Mountain View, CA – February 13, 2019 — /BackupReview.info/ — Egnyte, the provider of the only modern content platform that is purpose-built for businesses, today announced that seasoned marketing executive and trusted advisor Tim Matthews has joined their corporate advisory board. In his advisory role, Matthews will provide strategic counsel and support around Egnyte’s short-term and long-term marketing strategy, specifically as it pertains to their recently launched content governance solution – Egnyte Protect.

“Tim has a tremendous track record, having worked with some of the top companies in the security world over the last twenty-plus years,” said Vineet Jain, CEO and co-founder at Egnyte. “We are excited for Tim to share his experiences and expertise with our team as we grow the market footprint for Egnyte Protect and expand the security side of our business.”

Tim Matthews
Photo: Tim Matthews

Matthews has spent his entire career building and running software marketing teams, specifically in the security industry. Prior to his current role as the Chief Marketing Officer at Exabeam, he was the VP of Worldwide Marketing at Imperva. He has also held marketing roles at Incapsula, Symantec, PGP Corporation, and RSA Security.

“Securing unstructured content on file shares has remained one of the toughest security problems organizations face, but Egnyte has done an extraordinary job to develop an easy-to-use solution that can be implemented quickly so that their customers can experience a much quicker time to value,” said Tim Matthews. “I look forward to lending my security and SaaS marketing experience to the Egnyte team as they continue on their growth path.”

Matthews is also the author of The Professional Marketer, a guide to the essential skills every marketer needs to master. He joins existing members of an Egnyte Advisory Board that boasts years of experience and success in the technology industry.

Egnyte will be a sponsor at the RSA Conference, March 4 – 8th 2019 at Moscone Center in San Francisco, CA. If you are attending RSA, you can book a meeting now or stop by Booth S 2267 to get a live demo with one of the Egnyte experts.

Unable to attend? Email events@egnyte.com to set up a free personalized demo.

For more information on joining Egnyte’s growing team, visit the Egnyte careers page.

About Egnyte
Egnyte delivers secure content collaboration, compliant data protection and simple infrastructure modernization; all through a single SaaS solution. Founded in 2007, Egnyte is privately held and headquartered in Mountain View, CA. Investors include venture capital firms, such as Goldman Sachs, 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: https://www.linkedin.com/company/egnyte/

Global Press & Media Contact
Colin Jordan
Director of Corporate Marketing, Egnyte
Phone: 1-650-743-6471
Email: cjordan@egnyte.com

Source: Egnyte

 

 

General Tags: online file backup, SaaS, top rated online backups, online data backup, cloud computing, data security, online backup services, CEO interviews, online backup news, online backup companies, data storage, backing up online, online backup reviews, online file storage, compare online backups, online backup, software as a service, online backup providers directory

Like us on Facebook




===========================
Do you like this post? Subscribe to our RSS feed ===========================



Share/Save/Bookmark


Backup-Everything-UK-Cloud-Backup-Online-Backup-Remote-Backup

.

– Taraniuk Helps Lead Charge for Product Portfolio Simplification, Competitive Pricing and Investments in Sought-After Industry Talent –

Tinton Falls, N.J. – Feb. 14, 2019 — /BackupReview.info/ – Commvault (NASDAQ: CVLT), a recognized global enterprise software leader in the management of data for cloud and on premises environments, today announced CRN®, a brand of The Channel Company, has named Commvault’s Head of Worldwide Partnerships and Market Development, Owen Taraniuk, to its exclusive list of the 50 Most Influential Channel Chiefs for 2019. The top executives on this annual list are part of an elite group of leaders who drive the channel agenda and evangelize the importance of channel partnerships. This distinguished group is recognized for outstanding commitment to driving growth and revenue in their organization through partners, as well as extraordinary leadership in the channel as a whole.

Channel Chief honorees are selected by CRN’s editorial staff as a result of their professional achievements, standing in the industry, dedication to the channel partner community, and strategies for driving future growth and innovation. According to CRN, each of the 2019 Channel Chiefs has demonstrated loyalty and ongoing support for the channel by consistently promoting, defending and executing outstanding partner programs. However, only 50 of those were selected for the Most Influential list, each singled out for his or her prominent role in guiding and shaping the IT channel itself.

“The individuals on CRN’s 2019 Channel Chiefs list deserve special recognition for their contribution and support in the development of robust partner programs, innovative business strategies, and significant influence to the overall health of the IT channel,” said Bob Skelley, CEO of The Channel Company. “We applaud each Channel Chief’s remarkable record of accomplishments and look forward to following their continued success.”

“Our global channel and alliances program has made great strides toward making it easy for our partners to deliver comprehensive, cost-effective data protection and management solutions by working with Commvault,” said Taraniuk. “We continue to develop innovative channel programs and key sales initiatives together with our alliance partners to drive differentiated offerings and opportunities for our common partners. It is an honor to be recognized by CRN and we look forward to building on our momentum to provide an even stronger foundation for the mutual success of Commvault and its worldwide partner network.”

Under Taraniuk’s leadership, Commvault has invested heavily in growing its core team of industry veterans hand-picked to accelerate the company’s partner-led go-to-market strategies. Recent appointments include Karen Falcone, Vice President of Worldwide Cloud and Service Providers, Worldwide Vice President of Route Services Carmen Sorice III, Rick Fairweather, Vice President of Americas Channels, Mark Fong, Vice President of Asia Pacific Channels and Alliances,and Wenceslao Lada, Vice President of Worldwide Alliances.

The 2018 CRN Channel Chiefs list, including the 50 Most Influential Channel Chiefs, is featured online and will appear in the February 2018 issue of CRN. In addition to Taraniuk being named to the CRN Channel Chiefs list, Commvault was recently named by CRN as one of the 20 Coolest Cloud Storage Vendors of the 2019 Cloud 100. This annual lineup recognizes the most innovative cloud technology suppliers in each of five categories: infrastructure, platforms and development, security, storage and software.

About The Channel Company 
The Channel Company enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers and end users. Backed by more than 30 years of unequalled channel experience, we draw from our deep knowledge to envision innovative new solutions for ever-evolving challenges in the technology marketplace. www.thechannelco.com

About Commvault
Commvault is the recognized leader in data backup and recovery. Commvault’s converged data management solution redefines what backup means for the progressive enterprise through solutions that protect, manage and use its most critical asset — its data. Commvault software, solutions and services are available from the company and through a global ecosystem of trusted partners. Commvault employs more than 2,500 highly-skilled individuals across markets worldwide, is publicly traded on NASDAQ (CVLT), and is headquartered in Tinton Falls, New Jersey in the United States. To learn more about Commvault visit www.commvault.com

Safe Harbor Statement
Customers’ results may differ materially from those stated herein; Commvault does not guarantee that all customers can achieve benefits similar to those stated above. This press release may contain forward-looking statements, including statements regarding financial projections, which are subject to risks and uncertainties, such as competitive factors, difficulties and delays inherent in the development, manufacturing, marketing and sale of software products and related services, general economic conditions and others. Statements regarding Commvault’s beliefs, plans, expectations or intentions regarding the future are forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from anticipated results. Commvault does not undertake to update its forward-looking statements. The development and timing of any product release as well as any of its features or functionality remain at our sole discretion.

©1999-2019 Commvault Systems, Inc. All rights reserved. Commvault, Commvault and logo, the “C hexagon” logo, Commvault Systems, Solving Forward, SIM, Singular Information Management, Commvault HyperScale, ScaleProtect, Commvault OnePass, Commvault Galaxy, Unified Data Management, QiNetix, Quick Recovery, QR, CommNet, GridStor, Vault Tracker, InnerVault, Quick Snap, QSnap, IntelliSnap, Recovery Director, CommServe, CommCell, ROMS, APSS, Commvault Edge, Commvault GO, Commvault Advantage, Commvault Complete, Commvault Activate, Commvault Orchestrate, 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. 

Media & Analyst Contact:
Miranda Foster
Commvault
Tel: +1-646-370-9785
mfoster@commvault.com

Global & North America
Leo Tignini
Tel: +1 732-728-5378
Cell: +1 732-539-6102
ltignini@commvault.com

Asia Pacific And EMEA
Ian Mackie
Tel: +44 1189 527 020
Cell: +44 7709 549 580
imackie@commvault.com

Source: CommVault

 

 

General Tags: online data backup, data storage, backing up online, CEO interviews, online backup companies, online file storage, online backup, online backup services, data security, online file backup, compare online backups, online backup providers directory, online backup reviews, software as a service, cloud computing, top rated online backups, online backup news, SaaS

Like us on Facebook




===========================
Do you like this post? Subscribe to our RSS feed ===========================



Share/Save/Bookmark


Backup-Everything-UK-Cloud-Backup-Online-Backup-Remote-Backup

.

Award Recognizes the Leadership, Continued Growth and Success of HYCU’s Resell and Partner Sales Initiatives

BOSTON, MA – February 14, 2019 — /BackupReview.info/ — HYCU, Inc., a pioneering enterprise software company specializing in data backup, recovery and monitoring for next-generation Enterprise Clouds, announced today that CRN®, a brand of The Channel Company, has named Scott Henderson, Vice President of Sales and Channels, Americas, to its prestigious list of 2019 Channel Chiefs. The top IT channel leaders included on this list continually strive to drive growth and revenue in their organization through their channel partners.

Each of the 2019 Channel Chiefs has demonstrated exceptional leadership, vision, and commitment to their channel partner programs. Channel Chief honorees are selected by CRN’s editorial staff as a result of their professional achievements, standing in the industry, dedication to the channel partner community, and strategies for driving future growth and innovation.

Scott Henderson has been instrumental in driving HYCU’s sales strategy and initiatives over the past year. He worked with the team to relaunch HYCU’s Global Partner Program, that was the single most important initiative HYCU undertook in 2018. By revamping the program, relaunching the Partner Portal, accelerating training and educational efforts and increasing HYCU’s reach to its new partners, the new program has been instrumental in helping HYCU achieve its overall growth goals in 2018. This also led to new relationships with companies like Lenovo where HYCU launched a new global reseller agreement in December 2018. Scott’s work will focus on continuing to enhance the HYCU Partner Program to make sure the team is working as tightly with our reseller partners as possible.

“The individuals on CRN’s 2019 Channel Chiefs list deserve special recognition for their contribution and support in the development of robust partner programs, innovative business strategies, and significant influence to the overall health of the IT channel,” said Bob Skelley, CEO of The Channel Company. “We applaud each Channel Chief’s remarkable record of accomplishments and look forward to following their continued success.”

“We are 100 percent committed to the channel and our resell partners. This illustrious award is recognition of both Scott’s efforts and the whole team in raising interest and driving it through our go-to-market opportunities,” said Simon Taylor, CEO, HYCU, Inc. “In particular, the steady growth and acceptance of Nutanix has helped us enormously. We will continue to put more effort into our new Global Partner Program and build on our work to closely align with the Nutanix reseller and channel partner communities. And, the success we have built with Nutanix we fully expect to replicate with the Google partner community and Scott will be a driving force behind that effort.”

The 2019 CRN Channel Chiefs list, including the 50 Most Influential Channel Chiefs, is featured online at www.crn.com/channelchiefs and will appear in the February 2019 issue of CRN.

About HYCU
HYCU makes it easy to thrive in a hyper-simple, multi-cloud world. The pioneering enterprise software company specializes in data backup, recovery and monitoring for hyper-converged and multi-cloud infrastructures (HCI). Headquartered in Boston, Mass., HYCU harnesses 25 years of sophisticated IT experience, insights from over one million users, and work with more than 25,000 customers, more than 10 ISVs and 350 employees to create a deep and unrivaled well of industry expertise. The result is unsurpassed alignment with industry leaders and a formidable competitive advantage in the multi-cloud space. HYCU’s flagship product, a purpose-built backup and recovery solution for Nutanix, is acclaimed in the industry and features performance and value that are unmatched. To learn more about HYCU, visit www.hycu.com, follow @hycuinc and connect with us on LinkedIn.

About The Channel Company
The Channel Company enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers and end users. Backed by more than 30 years of unequalled channel experience, we draw from our deep knowledge to envision innovative new solutions for ever-evolving challenges in the technology marketplace. www.thechannelco.com

Follow The Channel Company: Twitter, LinkedIn and Facebook

Copyright ©2019. CRN is a registered trademark of The Channel Company, LLC. All rights reserved.

For further information, please contact:
Don Jennings
HYCU, Inc.
Tel: (617) 791-1710
Email: don.jennings@hycu.com
Website: www.hycu.com

Source: HYCU, Inc.

 

 

General Tags: data storage, SaaS, top rated online backups, online file backup, online backup services, online backup companies, backing up online, online backup, cloud computing, online backup news, data security, online data backup, software as a service, online backup providers directory, online backup reviews, CEO interviews, compare online backups, online file storage

Like us on Facebook




===========================
Do you like this post? Subscribe to our RSS feed ===========================



Share/Save/Bookmark


Backup-Everything-UK-Cloud-Backup-Online-Backup-Remote-Backup

.

Toronto, Canada – February 13, 2019 — /BackupReview.info/ — Asigra Inc., a leading cloud backup, recovery and restore software provider since 1986 today announced that the company has been named the Backup and DR Software and Services Category Gold Winner and the Backup and DR Hardware Category Gold Winner in the Storage Magazine / SearchStorage.com Product of the Year competition. Asigra attributes its win to the exceptional capabilities in both award-winning products, including advanced anti-ransomware and GDPR compliance features.

“Asigra Cloud Backup Evolved 14 converges enterprise data protection and cybersecurity. It contains embedded malware engines in the backup and recovery stream to prevent ransomware from getting into backups. Those engines identify a virus, quarantine it and notify customers,” said TechTarget editors. “Asigra Cloud Backup also enables compliance with several articles of the recently enacted GDPR, including a citizen’s right to erasure. Other features include data protection for Office 365 Groups, a new management console with RESTful APIs, instant recovery and container-based deployment and protection.”

The top products considered in the backup and disaster recovery (DR) software and services category included backup and recovery software, cloud backup and recovery services, DR, snapshot and replication software, electronic vaulting and archiving software. Products compared in the hardware category include stand-alone disk and tape systems, backup software integrated with hardware appliances and gateway appliances for cloud backup and replication. Asigra received the top ranking in both categories for the company’s software and integrated TrueNAS backup appliance.

According to the publication, “The judges scored Asigra Cloud Backup Evolved V14 far higher than any other product in the category, praising its innovation and functionality.” One judge wrote, “This is the best data protection I have seen anywhere in preventing ransomware from infecting backups or erasing them. Very complete comprehensive data protection solution at a very low cost.” Another judge complimented Asigra’s “top-level” ransomware defense and unique pricing that is based on usage, not protection.

In partnership with iXsystems, the Asigra TrueNAS Backup Appliance took home the gold as the Product of the Year in the backup/DR hardware category. Asigra’s integrated backup appliance combines Cloud Backup Evolved V14 and iXsystems’ TrueNAS hardware featuring the OpenZFS file system.

“The Asigra TrueNAS Backup Appliance impressed the judges in several areas,” noted the publication. “Affordability was a factor, as the lowest-capacity model of Asigra TrueNAS costs $10,000 and comes with 60 TB of storage. Price scales with capacity, with the highest-end configuration holding up to 10 petabytes.” One judge summed up the complete package as having “great functionality (and) good pricing.” Other judges focused on functionality, specifically calling out the solution as exceptional for how it protects against ransomware by defending backup data. “This product seems to provide the most thought-through approach to ransomware attacks that include backup and archive attacks,” another judge said.

Asigra Cloud Backup Evolved is version 14 of the company’s software, converging data protection and IT security for effective malware detection for safe, secure and reliable backup and data recovery. The enhanced platform includes the industry’s first zero-day Attack-Loop preventative technology using bi-directional malware detection, zero-day exploit protection, variable repository naming, and two-factor authentication (2FA) for a full defensive suite against advanced ransomware and other cyber-attacks on backup data.

“Data recovery is a mission critical capability that we have focused on since the beginning. But as many other backup vendors can attest to, the ability to recover ransomware-free data can be put at risk by new attacks on the backup set by criminal coders,” said David Farajun, CEO, Asigra. “We appreciate TechTarget’s recognition of both our software and hardware solutions for ensuring compliant, ransomware-free data protection and recovery when required by our customers.”

To view both awards, please visit:
1. Asigra Cloud Backup Evolved V14 Wins Backup/DR Software Product of the Year: https://searchdatabackup.techtarget.com/feature/Asigra-Cloud-Backup-Evolved-14

2. Asigra TrueNAS Backup Appliance Named Backup/DR Hardware Product of the Year: https://searchdatabackup.techtarget.com/feature/Asigra-TrueNAS-Backup-Appliance

To learn more about Asigra, visit: www.asigra.com

Follow Asigra on Twitter at: http://twitter.com/asigra

Tweet This: @Asigra Cloud Backup Evolved V14 and TrueNAS Backup Appliance Win Techtarget Product of the Year Gold – https://bit.ly/2N04LHu

Additional Resources:

- Learn more about the TrueNAS Backup Appliance at https://www.ixsystems.com/asigra-truenas-solution/

- Hear what service providers have to say about working with Asigra: https://www.asigra.com/partnership

- Follow Asigra on Twitter at: http://twitter.com/asigra

- View the enhanced features of the Asigra Hybrid Cloud Partner Program at: https://www.crn.com/slide-shows/cloud/300101651/2018-partner-program-guide-5-star-cloud-vendors-part-1.htm/pgno/0/7

About Asigra
Trusted since 1986, Asigra provides organizations around the world the ability to quickly recover their data from anywhere through a global network of IT service providers who deliver Cloud Backup Evolved as either public, private and/or hybrid solutions. As the industry’s most comprehensive data protection platform for servers, virtual machines, endpoint devices, databases and applications, SaaS and IaaS based applications, Asigra lowers the total cost of ownership, reduces recovery time objectives, and eliminates silos of backup data by providing a single consolidated repository with 100% recovery assurance. The company has been recognized as a Gartner Cool Vendor and included in the Gartner Magic Quadrant for Enterprise Backup and Recovery Software since 2010. More information on Asigra can be found at www.asigra.com.

Asigra and the Asigra logo are trademarks of Asigra Inc.

Contact Asigra
Call 877-736-9901 or email info@asigra.com

Media Contact Information:
Asigra
Umair Sattar
416-736-8111

Source: Asigra, Inc.

 

 

General Tags: data storage, data security, online backup providers directory, online backup companies, online file storage, online backup services, online backup reviews, online backup news, top rated online backups, online file backup, online backup, software as a service, CEO interviews, cloud computing, compare online backups, SaaS, online data backup, backing up online

Like us on Facebook




===========================
Do you like this post? Subscribe to our RSS feed ===========================



Share/Save/Bookmark


Backup-Everything-UK-Cloud-Backup-Online-Backup-Remote-Backup

.

Twelve years of organic growth places Veeam as No. 1 in the cloud data management market and one of the largest private software companies in the world

BAAR, Switzerland – February 13, 2019 — /BackupReview.info/ — Veeam® Software, the leader in Backup solutions that enable Intelligent Data Management™, today announced results from fiscal year 2018, fresh off of a $500 million investment from Insight Venture Partners and Canada Pension Plan Investment Board (CPPIB) in early January – one of the largest investments in the history of storage software. Veeam delivered $963 million in total bookings – 16 percent growth year-over-year (YoY) and its 12thconsecutive year of organic double-digit bookings growth, as it added 48,000 new customers in 2018, an average of 4,000 new customers each month. This strong customer momentum and bookings growth builds on 2017 results outpacing the industry, and validates the growing demand for Veeam Intelligent Data Management solutions in businesses of all sizes across the globe.

“Opportunities of data management, compliance and risk, data theft and cybercrime, are expected to continue to present businesses with challenges throughout 2019, and into the next decade. What we have seen in 2018 is that no data is entirely secure. Customers are looking for an approach to manage data that unlocks its use and potential to drive business transformation but doesn’t lock their data into one vendor or increase their risk exposure,” said Ratmir Timashev, co-founder and Executive Vice President (EVP) of Sales & Marketing at Veeam.

Timashev added: “By strengthening our offering via our most powerful partnerships with Hewlett-Packard Enterprise (HPE), NetApp, Cisco, and now Lenovo, Veeam has done just that. We are leading the industry by empowering businesses to do more with their data backups, providing new ways for organizations to generate value from their data, while solving other business opportunities. Veeam has yet again achieved consistent company growth and profitability in this transformative market of data management in Hybrid-Cloud – and Veeam will continue to dominate. Together, with our partners, customers and alliances, and with our recent announcement of general availability for new cloud data management capabilities as part of Veeam Availability Suite 9.5 Update 4, our most important product launch in company history, we have solidified our position as the dominant leader in Intelligent Data Management and one of the largest private software companies in the world.”

2018 Customer, Product and Partner Highlights

  • Veeam announced RTM for new cloud data management capabilities as part of Veeam Availability Suite 9.5 Update 4, followed by recent general availability. This was one of the most important and anticipated releases to date for Veeam, providing simple, flexible and reliable solutions to help customers migrate to and keep data available in the hybrid cloud regardless of its location. These new capabilities – Cloud Tier, Cloud Mobility, and new data governance capabilities – allow Veeam to deliver virtual, physical, and cloud data management, for any application, and any data, across any cloud.
  • Veeam for Windows and Linux physical servers and workstations (Veeam Agents) and Veeam Backup for Microsoft Office 365 were the fastest growing products in Veeam’s history with 129 percent and 549 percent YoY respectively. Veeam Backup for Microsoft Office 365 has now been downloaded by more than 55,000 organizations, representing over 7 million user mailboxes.
  • Now with 330,000 customers worldwide, new Veeam customers includeWelch’s, Anheuser Busch Employee Credit Union, Fravega, Dorel Juvenile, Mizuno, Rabobank, KLM Royal Dutch Airlines, Norfolk & Suffolk NHS Foundation Trust, James Cook University and DKSH Corporate Shared Services Centre.
  • Recognized twice as Microsoft ISV Partner of the Year, Veeam is now generating 1.9 million hours of Microsoft Azure consumption every month.
  • As the most impactful and profitable Veeam alliance in 2018, Hewlett-Packard Enterprise (HPE) achieved the highest magnitude of revenue growth YoY for joint closed deals in 2018, supported with a move to a Global Supply Chain agreement increasing, the resell capabilities for resellers and customers. Mutual investments by both HPE and Veeam are expected to fuel continued commitment and accelerated pipeline growth in 2019.
  • Through participation in Cisco Solutions Plus program, Veeam and Cisco deals grew 967 percent YoY, an example of how easy it is for partners to quote and configure Veeam and Cisco data center solutions through a single ordering system. Veeam expanded its collaboration with Cisco to deliver Veeam Availability on Cisco HyperFlex™ – a new, highly resilient data management platform that provides seamless scalability, ease of management, and support for multi-cloud environments through Cisco support services.
  • Veeam expanded the success of the NetApp alliance from product integration to a full resell agreement that includes NetApp Data Fabric solutions. Veeam launched its Global Resell agreement with NetApp in Q1 2018 and followed that by enabling NetApp customers to purchase joint NetApp ONTAP and Veeam Availability solutions from joint resell partners around the globe.
  • Veeam expanded and strengthened its partnership with Nutanix by launching Veeam Availability for Nutanix AHV in July 2018. After just 2 quarters of this product being available, downloads have increased 500 percent.
  • Veeam announced a new global partnership with Lenovo to offer customers integrated solutions combining high-performance storage with trusted data protection which is sold directly from Lenovo and its resellers in a single transaction.
  • The Veeam Cloud & Service Provider (VCSP) segment grew 23 percent YoY, now with 21,700 Cloud Service Providers, 3,800 licensed to provide Cloud Backup & DRaaS using Veeam Cloud Connect.
  • Cloudhas been the fastest growing segment of Veeam’s business for the past 8 quarters. Veeam reported 46 percent YoY growth in its overall cloud business for 2018.
  • N2WS, a Veeam company and a leading provider of cloud-native backup and disaster recovery for Amazon Web Services (AWS), grew annual recurring revenue (ARR) by 83 percent YoY.

Veeam Operational Investments and Executive Appointments
Veeam heavily invested in its team throughout 2018, most notably announcing a plan to invest $150 million to expand its main Research and Development (R&D) Center in Prague as it continues its history of trailblazing innovation. The investment allows Veeam to attract an additional 500 software developers, adding to its current workforce of more than 3,500 employees worldwide with plans to add an additional 1,000 employees this year.

Two Veeam executive roles were recently appointed to accelerate the company’s geographical expansion: Paul Strelzick, GM & SVP of Sales, Americas and Daniel Fried, GM & SVP, EMEA. Strelzick most recently served as an advisor and consultant to Insight Venture Partners. Prior to this, he was the Executive Vice President of Worldwide Sales at SolarWinds for 10 years. Having specialized in building efficient and seamless marketing and sales pipeline operations, Strelzick is ideally placed to drive Veeam’s Americas business in line with priorities. Previously retired from Veeam in 2017 as the SVP of Sales & Marketing, EMEA, Fried has returned to Veeam and will now oversee EMEA’s strategic direction and expansion across all segments, working to enhance partner opportunities and increase share in emerging markets.

“The data protection and replication software market remains a dynamic, competitive industry with global revenue exceeding $7 billion and forecast to grow 4.3 percent annually,” said Phil Goodwin, Research Director, IDC. “Veeam has continued to expand the depth and breadth of its data availability solutions as evidenced by today’s Cloud Data Management announcement. Additionally, Veeam intends to use the recent Insight Venture Partners investment to help fuel continued double-digit growth.”

Registration is now open for VeeamON 2019, the world’s premier event for Intelligent Data Management, which will take place May 20 – 22, 2019, in Miami, FL. Nearly 10,000 customers, partners and influencers attended VeeamON 2018 in Chicago, IL and the regional VeeamON Forum events held all around the world.

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

 

 

General Tags: top rated online backups, online file storage, online backup companies, backing up online, SaaS, cloud computing, online backup services, data security, data storage, online backup providers directory, online backup reviews, online file backup, compare online backups, software as a service, online backup, online data backup, online backup news, CEO interviews

Like us on Facebook




===========================
Do you like this post? Subscribe to our RSS feed ===========================



Share/Save/Bookmark


Backup-Everything-UK-Cloud-Backup-Online-Backup-Remote-Backup

.

Provides Fiscal 2019 Financial Estimates

Announces Thirtieth Consecutive Quarterly Dividend Increase

LOS ANGELES, CA – Feb. 12, 2019 — /BackupReview.info/ — j2 Global, Inc. (NASDAQ: JCOM) today reported financial results for the fourth quarter and year ended December 31, 2018, provided fiscal 2019 financial estimates and announced that its Board of Directors has declared an increased quarterly cash dividend of $0.4450 per share.

“We accomplished a great deal in 2018 including significant leadership additions across the company; the addition of great businesses to our portfolio including Vipre, Line2, Prime, and Ekahau; and another record year in revenues, full year Adjusted non-GAAP EPS and free cash flows,” said Vivek Shah, CEO of j2 Global. “We continue to be excited by our growing portfolio of internet information and services brands and are pleased to report our first open-market share buyback since 2012.”

FOURTH QUARTER 2018 RESULTS

Q4 2018quarterly revenues increased 9.4% to a Q4 record of $346.1 million compared to $316.4 million for Q4 2017.

Net cash provided by operating activities increased 25.5% to $107.2 million compared to $85.4 millionfor Q4 2017.Q4 2018 free cash flow(1) increased 27.2% to $95.8 million compared to $75.3 million for Q4 2017.

GAAP earnings per diluted share(2) increased 1.0% to $1.03 in Q4 2018 compared to $1.02 for Q4 2017.

Adjusted non-GAAP earnings per diluted share(2)(3) for the quarter increased 17.9% to $2.11 compared to $1.79 for Q4 2017.

GAAP net income increased 1.4% to $50.6 million in Q4 2018 compared to $49.9 million for Q4 2017.

Quarterly Adjusted EBITDA(4) increased 8.7% to $154.3 million in the quarter compared to $141.9 million for Q4 2017.

j2 ended the quarter with approximately $293.3 million in cash and investments after deploying approximately $184 million during the quarter for acquisitions, j2’s regular quarterly dividend, and share buyback.

Key financial results for Q4 2018 versus Q4 2017 are set forth in the following table (in millions, except per share amounts). Reconciliations of Adjusted non-GAAP earnings per diluted share, Adjusted EBITDA and free cash flow to their nearest comparable GAAP financial measures are attached to this Press Release.

Q4 2018 Q4 2017 % Change
Revenues
Cloud Services $148.1 million $146.9 million 0.8%
Digital Media $198.0 million $169.5 million 16.8%
Total Revenue: $346.1 million $316.4 million 9.4%
Operating Income $86.7 million $76.2 million 13.8%
Net Cash Provided by Operating Activities $107.2 million $85.4 million 25.5%
Free Cash Flow (1) $95.8 million $75.3 million 27.2%
GAAP Earnings per Diluted Share (2) $1.03 $1.02 1.0%
Adjusted Non-GAAP Earnings per Diluted Share (2) (3) $2.11 $1.79 17.9%
GAAP Net Income $50.6 million $49.9 million 1.4%
Adjusted Non-GAAP Net Income $103.7 million $87.3 million 18.8%
Adjusted EBITDA (4) $154.3 million $141.9 million 8.7%
Adjusted EBITDA Margin (4) 44.6% 44.8% (0.2)%

FULL YEAR 2018 RESULTS

2018 revenues increased 8.0% to a record of $1,207.3 million in 2018 compared to $1,117.8 million for 2017.

Net cash provided by operating activities increased 51.8% to $401.3 million in 2018 compared to $264.4 millionfor 2017.2018 free cash flow(1) increased 30.2% to $344.9 million compared to $264.8 million for 2017.

GAAP earnings per diluted share(5) decreased 8.5% to $2.59 in 2018 compared to $2.83 for 2017. The decrease over the prior comparable period is primarily attributed to the decrease in income associated with the 2017 sale of Cambridge BioMarketing Group LLC and Tea Leaves, increased depreciation and amortization expense associated with acquisitions such as Humble Bundle, Ekahau and Vipre; partially offset by a decrease in income tax expense.

Adjusted non-GAAP earnings per diluted share(5)(6) for the year increased 12.6% to $6.35 compared to $5.64 for 2017.

GAAP net income decreased by 7.7% to $128.7 million in 2018 compared to $139.4 million for 2017. The decrease over the prior comparable period is primarily attributed to the decrease in income associated with the 2017 sale of Cambridge BioMarketing Group LLC and Tea Leaves, increased depreciation and amortization expense associated with acquisitions such as Humble Bundle, Ekahau and Vipre; partially offset by a decrease in income tax expense.

Annual Adjusted EBITDA(4) increased 5.7% to $489.5 million in 2018 compared to $463.0 million for 2017.

The impact of a change in accounting principle associated with revenue recognition (ASC 606) resulted in a decrease of approximately $7.1 million for both the revenues and Adjusted EBITDA for the year. Without this impact, 2018 revenues would have been $1,214.4 million and Adjusted EBITDA would have been $496.6 million.

j2 ended the year with approximately $293.3 million in cash and investments after deploying approximately $440 million during the year for acquisitions, j2’s regular quarterly dividends, and share buyback.

Key financial results for 2018 versus 2017 are set forth in the following table (in millions, except per share amounts). Reconciliations of Adjusted non-GAAP earnings per diluted share, Adjusted EBITDA and free cash flow to their nearest comparable GAAP financial measures are attached to this Press Release.

2018 2017 % Change
Revenues
Cloud Services $598.0 million $578.9 million 3.3%
Digital Media $609.3 million $538.9 million 13.1%
Total Revenue: $1,207.3 million $1,117.8 million 8.0%
Operating Income $244.3 million $245.7 million (0.6)%
Net Cash Provided by Operating Activities $401.3 million $264.4 million 51.8%
Free Cash Flow (1) $344.9 million $264.8 million 30.2%
GAAP Earnings per Diluted Share (5) $2.59 $2.83 (8.5)%
Adjusted Non-GAAP Earnings per Diluted Share (5) (6) $6.35 $5.64 12.6%
GAAP Net Income $128.7 million $139.4 million (7.7)%
Adjusted Non-GAAP Net Income $312.3 million $275.1 million 13.5%
Adjusted EBITDA (4) $489.5 million $463.0 million 5.7%
Adjusted EBITDA Margin (4) 40.5% 41.4% (0.9)%

BUSINESS OUTLOOK

For fiscal 2019, the Company estimates that it will achieve revenues between $1.29 billion and $1.33 billion, Adjusted EBITDA between $520 million and $540 million and Adjusted non-GAAP earnings per diluted share of between $6.65 and $6.95.

Adjusted non-GAAP earnings per diluted share for 2019 excludes share-based compensation of between $23 million and $27 million, amortization of acquired intangibles and the impact of any currently unanticipated items, in each case net of tax.

It is anticipated that the non-GAAP effective tax rate for 2019 (exclusive of the release of reserves for uncertain tax positions) will be between 20.5% and 22.5%.

The Company has not reconciled the Adjusted non-GAAP earnings per diluted share and tax rate guidance included in this release to the most directly comparable GAAP measure because this cannot be done without unreasonable effort due to the variability with respect to costs related to acquisitions and taxation, which are potential adjustments to future earnings. We expect the variability of these items to have a potentially unpredictable and significant impact on our future GAAP financial results.

DIVIDEND

j2’s Board of Directors approved a quarterly cash dividend of $0.4450 per common share, a $0.01, or 2.3% increase versus last quarter’s dividend. This is j2’s thirtieth consecutive quarterly dividend increase since its first quarterly dividend in September 2011. The dividend will be paid on March 12, 2019 to all shareholders of record as of the close of business on February 25, 2019. Future dividends will be subject to Board approval.

EXTENSION OF SHARE REPURCHASE PROGRAM

The Company has extended its one-year five million share repurchase program set to expire February 19, 2019 by an additional year. Approximately 1.3 million shares remain available for purchase under the program.

Notes:

(1) Free cash flow is defined as net cash provided by operating activities, less purchases of property, plant and equipment, plus contingent consideration. Free cash flow amounts are not meant as a substitute for GAAP, but are solely for informational purposes.
(2) The estimated GAAP effective tax rates were approximately 29.5% for Q4 2018 and 39.6% for Q4 2017. The estimated Adjusted non-GAAP effective tax rates were approximately 21.3% for Q4 2018 and 27.1% for Q4 2017.
(3) Adjusted non-GAAP earnings per diluted share excludes certain non-GAAP items, as defined in the Reconciliation of GAAP to Adjusted non-GAAP Financial Measures, for the three months ended December 31, 2018 and 2017 totaled $1.08 and $0.77 per diluted share, respectively.
(4) Adjusted EBITDA is defined as earnings before interest and other expense, net; income tax expense; depreciation and amortization; and the items used to reconcile EPS to Adjusted non-GAAP EPS, as defined in the Reconciliation of GAAP to Adjusted non-GAAP Financial Measures. Adjusted EBITDA amounts are not meant as a substitute for GAAP, but are solely for informational purposes.
(5) The estimated GAAP effective tax rates were approximately 25.2% for 2018 and 30.3% for 2017. The estimated Adjusted non-GAAP effective tax rates were approximately 21.0% for 2018 and 27.9% for 2017.
(6) Adjusted non-GAAP earnings per diluted share excludes certain non-GAAP items, as defined in the Reconciliation of GAAP to Adjusted non-GAAP Financial Measures, for the twelve months ended December 31, 2018 and 2017 totaled $3.76 and $2.81 per diluted share, respectively.

About j2 Global

j2 Global, Inc. (NASDAQ: JCOM) is a leading internet information and services company consisting of a portfolio of brands including IGN, Mashable, Humble Bundle, Speedtest, PCMag, Offers.com, Everyday Health and What To Expect in its Digital Media business and eFax, eVoice, Campaigner, Vipre, KeepItSafe and Livedrive in its Cloud Services business. j2 reaches over 180 million people per month across its brands. As of December 31, 2018, j2 had achieved 23 consecutive fiscal years of revenue growth. For more information about j2, please visit www.j2global.com.

“Safe Harbor” Statement Under the Private Securities Litigation Reform Act of 1995: Certain statements in this Press Release are “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995, including those contained in Vivek Shah’s quote and the “Business Outlook” portion regarding the Company’s expected fiscal 2019 financial performance. These forward-looking statements are based on management’s current expectations or beliefs and are subject to numerous assumptions, risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These factors and uncertainties include, among other items: the Company’s ability to grow non-fax revenues, profitability and cash flows; the Company’s ability to identify, close and successfully transition acquisitions; subscriber growth and retention; variability of the Company’s revenue based on changing conditions in particular industries and the economy generally; protection of the Company’s proprietary technology or infringement by the Company of intellectual property of others; the risk of adverse changes in the U.S. or international regulatory environments, including but not limited to the imposition or increase of taxes or regulatory-related fees; and the numerous other factors set forth in j2 Global’s filings with the Securities and Exchange Commission (“SEC”). For a more detailed description of the risk factors and uncertainties affecting j2 Global, refer to the 2017 Annual Report on Form 10-K filed by j2 Global on March 1, 2018, and the other reports filed by j2 Global from time-to-time with the SEC, each of which is available at www.sec.gov. The forward-looking statements provided in this Press Release, including those contained in Vivek Shah’s quote and in the “Business Outlook” portion regarding the Company’s expected fiscal 2019 financial performance are based on limited information available to the Company at this time, which is subject to change. Although management’s expectations may change after the date of this Press Release, the Company undertakes no obligation to revise or update these statements.

About non-GAAP Financial Measures

To supplement our consolidated financial statements, which are prepared and presented in accordance with GAAP, we use the following Adjusted non-GAAP financial measures: Adjusted non-GAAP net income, Adjusted non-GAAP earnings per diluted share, Adjusted EBITDA and free cash flow. The presentation of this financial information is not intended to be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP.

We use these Adjusted non-GAAP financial measures for financial and operational decision-making and as a means to evaluate period-to-period comparisons. Our management believes that these Adjusted non-GAAP financial measures provide meaningful supplemental information regarding our performance and liquidity by excluding certain expenses and expenditures that may not be indicative of our recurring core business operating results. We believe that both management and investors benefit from referring to these Adjusted non-GAAP financial measures in assessing our performance and when planning, forecasting, and analyzing future periods. These Adjusted non-GAAP financial measures also facilitate management’s internal comparisons to our historical performance and liquidity. We believe these Adjusted non-GAAP financial measures are useful to investors both because (1) they allow for greater transparency with respect to key metrics used by management in its financial and operational decision-making and (2) they are used by our institutional investors and the analyst community to help them analyze the health of our business.

For more information on these Adjusted non-GAAP financial measures, please see the appropriate GAAP to Adjusted non-GAAP reconciliation tables included within the attached Exhibit to this Release.

j2 GLOBAL, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
(UNAUDITED, IN THOUSANDS)
December 31,
2018
December 31,
2017
ASSETS
Cash and cash equivalents $ 209,474 $ 350,945
Accounts receivable, net of allowances of $10,422 and $8,701, respectively 221,615 234,195
Prepaid expenses and other current assets 29,242 35,287
Total current assets 460,331 620,427
Long-term investments 83,828 57,722
Property and equipment, net 98,813 79,773
Goodwill 1,380,376 1,196,611
Other purchased intangibles, net 526,468 485,751
Other assets 11,014 12,809
TOTAL ASSETS $ 2,560,830 $ 2,453,093
LIABILITIES AND STOCKHOLDERS’ EQUITY
Accounts payable and accrued expenses $ 166,521 $ 169,837
Income taxes payable, current 12,915
Deferred revenue, current 127,568 95,255
Other current liabilities 318 10
Total current liabilities 307,322 265,102
Long-term debt 1,013,129 1,001,944
Deferred revenue, noncurrent 13,200 47
Income taxes payable, noncurrent 11,675 43,781
Liability for uncertain tax positions 59,644 52,216
Deferred income taxes, noncurrent 69,048 38,264
Other long-term liabilities 51,068 31,434
TOTAL LIABILITIES 1,525,086 1,432,788
Commitments and contingencies
Preferred stock
Common stock 481 479
Additional paid-in capital 354,210 325,854
Treasury stock (42,543 )
Retained earnings 769,575 723,062
Accumulated other comprehensive loss (45,979 ) (29,090 )
TOTAL STOCKHOLDERS’ EQUITY 1,035,744 1,020,305
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 2,560,830 $ 2,453,093
j2 GLOBAL, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
(UNAUDITED, IN THOUSANDS)
Three Months Ended
December 31,
Twelve Months Ended
December 31,
2018 2017 2018 2017
Total revenues $ 346,059 $ 316,380 $ 1,207,295 $ 1,117,838
Cost of revenues (1) 55,962 45,974 201,074 172,313
Gross profit 290,097 270,406 1,006,221 945,525
Operating expenses:
Sales and marketing (1) 88,113 92,525 338,304 330,296
Research, development and engineering (1) 12,958 10,267 48,370 46,004
General and administrative (1) 102,342 91,398 375,267 323,517
Total operating expenses 203,413 194,190 761,941 699,817
Income from operations 86,684 76,216 244,280 245,708
Interest expense, net 15,559 16,372 61,987 67,777
Other (income) expense, net (1,443 ) (22,696 ) 4,706 (22,035 )
Income before income taxes and net loss in earnings of equity method investment 72,568 82,540 177,587 199,966
Income tax expense 21,395 32,669 44,760 60,541
Net loss in earnings of equity method investment 559 4,140
Net income $ 50,614 $ 49,871 $ 128,687 $ 139,425
Basic net income per common share:
Net income attributable to j2 Global, Inc. common shareholders $ 1.04 $ 1.03 $ 2.64 $ 2.89
Diluted net income per common share:
Net income attributable to j2 Global, Inc. common shareholders $ 1.03 $ 1.02 $ 2.59 $ 2.83
Basic weighted average shares outstanding 47,967,014 47,721,700 47,950,746 47,586,242
Diluted weighted average shares outstanding 48,505,023 48,437,580 48,927,791 48,669,027
(1) Includes share-based compensation expense as follows:
Cost of revenues $ 132 $ 143 $ 510 $ 500
Sales and marketing 418 458 1,798 1,723
Research, development and engineering 366 367 1,553 1,182
General and administrative 5,784 8,029 24,232 19,332
Total $ 6,700 $ 8,997 $ 28,093 $ 22,737
j2 GLOBAL, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(UNAUDITED, IN THOUSANDS)
Twelve Months Ended
December 31,
2018 2017
Cash flows from operating activities:
Net income $ 128,687 $ 139,425
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization 187,174 162,041
Amortization of financing costs and discounts 11,385 11,952
Share-based compensation 28,093 22,737
Provision for doubtful accounts 17,338 13,159
Deferred income taxes, net 25,050 (21,432 )
Loss on extinguishment of debt and related interest expense 7,962
Gain on sale of businesses (27,681 )
Changes in fair value of contingent consideration 18,944 2,300
Loss on equity investments 10,506
Decrease (increase) in:
Accounts receivable 4,034 (37,546 )
Prepaid expenses and other current assets 2,211 4,001
Other assets 2,391 (2,712 )
Increase (decrease) in:
Accounts payable and accrued expenses (35,220 ) (34,116 )
Income taxes payable (29,042 ) 14,888
Deferred revenue 11,991 941
Liability for uncertain tax positions 7,694 4,936
Other long-term liabilities 10,089 3,564
Net cash provided by operating activities 401,325 264,419
Cash flows from investing activities:
Purchases of equity method investment (36,635 )
Purchases of available-for-sale investments (500 ) (4 )
Purchases of property and equipment (56,379 ) (39,595 )
Acquisition of businesses, net of cash received (312,430 ) (174,951 )
Proceeds from sale of businesses, net of cash divested 58,300
Purchases of intangible assets (669 ) (2,240 )
Net cash used in investing activities (406,613 ) (158,490 )
Cash flows from financing activities:
Issuance of long-term debt, net 636,485
Payment of debt (2,204 ) (255,000 )
Proceeds from line of credit, net 44,981
Repayment of line of credit (225,000 )
Repurchase of common stock (47,102 ) (9,850 )
Issuance of common stock under employee stock purchase plan 2,084 259
Exercise of stock options 1,540 1,108
Dividends paid (81,679 ) (73,469 )
Deferred payments for acquisitions (3,558 ) (7,637 )
Other (443 ) (54 )
Net cash (used in) provided by financing activities (131,362 ) 111,823
Effect of exchange rate changes on cash and cash equivalents (4,821 ) 9,243
Net change in cash and cash equivalents (141,471 ) 226,995
Cash and cash equivalents at beginning of year 350,945 123,950
Cash and cash equivalents at end of year $ 209,474 $ 350,945

j2 GLOBAL, INC. AND SUBSIDIARIES
RECONCILIATION OF GAAP TO ADJUSTED NON-GAAP FINANCIAL MEASURES
THREE AND TWELVE MONTHS ENDED DECEMBER 31, 2018 AND 2017
(UNAUDITED, IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS)

Non-GAAP net income is GAAP net income with the following modifications: (1) elimination of share-based compensation and the associated payroll tax expense; (2) elimination of certain acquisition-related integration costs; (3) elimination of interest costs in excess of the coupon rate associated with the convertible notes; (4) elimination of amortization of patents and intangible assets that we acquired; (5) elimination of change in value on investment; (6) elimination of additional tax or indirect tax related expense/benefit from prior years; (7) elimination of gain on sale of businesses; (8) elimination of additional tax expense due to the Tax Cuts and Jobs Act; (9) elimination of certain restructuring costs; and (10) elimination of dilutive effect of the convertible debt.

Three Months Ended December 31,
2018 Per Diluted
Share *
2017 Per Diluted
Share *
Net income $ 50,614 $ 1.03 $ 49,871 $ 1.02
Plus:
Share based compensation (1) 5,806 0.12 8,056 0.17
Acquisition related integration costs (2) 6,396 0.13 8,205 0.17
Interest costs (3) 1,915 0.04 1,807 0.04
Amortization (4) 38,113 0.79 21,077 0.44
Investments (5) 671 0.01
Tax expense from prior years (6) (2 ) 2,475 0.05
Sale of businesses (7) (15,685 ) (0.33 )
Tax Cuts and Jobs Act (8) 11,539 0.24
Restructuring costs (9) 161
Convertible debt dilution (10) 0.02 0.01
Adjusted non-GAAP net income $ 103,674 $ 2.11 $ 87,345 $ 1.79
Twelve Months Ended December 31,
2018 Per Diluted
Share *
2017 Per Diluted
Share *
Net income $ 128,687 $ 2.59 $ 139,425 $ 2.83
Plus:
Share based compensation (1) 21,062 0.44 17,297 0.36
Acquisition related integration costs (2) 25,535 0.53 20,669 0.43
Interest costs (3) 6,079 0.13 13,704 0.29
Amortization (4) 123,789 2.57 86,969 1.82
Investments (5) 6,636 0.14
Tax expense from prior years (6) 335 0.01 4,349 0.09
Sale of businesses (7) (18,839 ) (0.39 )
Tax Cuts and Jobs Act (8) 11,539 0.24
Restructuring costs (9) 161
Convertible debt dilution (10) 0.05 0.05
Adjusted non-GAAP net income $ 312,284 $ 6.35 $ 275,113 $ 5.64

* The reconciliation of net income per share from GAAP to Adjusted non-GAAP may not foot since each is calculated independently.

j2 GLOBAL, INC. AND SUBSIDIARIES
RECONCILIATION OF GAAP TO ADJUSTED NON-GAAP FINANCIAL MEASURES
THREE MONTHS ENDED DECEMBER 31, 2018 AND 2017
(UNAUDITED, IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS)

Non-GAAP net income is GAAP net income with the following modifications: (1) elimination of share-based compensation and the associated payroll tax expense; (2) elimination of certain acquisition-related integration costs; (3) elimination of interest costs in excess of the coupon rate associated with the convertible notes; (4) elimination of amortization of patents and intangible assets that we acquired; (5) elimination of change in value on investment; (6) elimination of additional tax or indirect tax related expense/benefit from prior years; (7) elimination of gain on sale of businesses; (8) elimination of additional tax expense due to the Tax Cuts and Jobs Act; (9) elimination of certain restructuring costs; and (10) elimination of dilutive effect of the convertible debt.

Three Months Ended December 31,
2018 2017
Cost of revenues $ 55,962 $ 45,974
Plus:
Share based compensation (1) (132 ) (143 )
Acquisition related integration costs (2) 50
Amortization (4) (544 ) (568 )
Adjusted non-GAAP cost of revenues $ 55,336 $ 45,263
Sales and marketing $ 88,113 $ 92,525
Plus:
Share based compensation (1) (418 ) (458 )
Acquisition related integration costs (2) 53 (4,471 )
Restructuring costs (9) (184 )
Adjusted non-GAAP sales and marketing $ 87,564 $ 87,596
Research, development and engineering $ 12,958 $ 10,267
Plus:
Share based compensation (1) (366 ) (367 )
Acquisition related integration costs (2) (38 ) (35 )
Adjusted non-GAAP research, development and engineering $ 12,554 $ 9,865
General and administrative $ 102,342 $ 91,398
Plus:
Share based compensation (1) (5,784 ) (8,029 )
Acquisition related integration costs (2) (6,448 ) (6,747 )
Amortization (4) (43,186 ) (34,706 )
Tax expense from prior years (6) (1,970 )
Adjusted non-GAAP general and administrative $ 46,924 $ 39,946
Interest expense, net $ 15,559 $ 16,372
Plus:
Acquisition related integration costs (2) (15 ) (90 )
Interest costs (3) (2,211 ) (1,897 )
Tax expense from prior years (6) (830 )
Adjusted non-GAAP interest expense, net $ 13,333 $ 13,555
Other income, net $ (1,443 ) $ (22,696 )
Plus:
Sale of businesses (7) 22,981
Adjusted non-GAAP other income, net $ (1,443 ) $ 285
Income Tax Provision $ 21,395 $ 32,669
Plus:
Share based compensation (1) 894 941
Acquisition related integration costs (2) 2 3,138
Interest costs (3) 296 90
Amortization (4) 5,617 14,197
Investments (5) (112 )
Tax expense from prior years (6) 2 325
Sale of businesses (7) (7,296 )
Tax Cuts and Jobs Act (8) (11,539 )
Restructuring costs (9) 23
Adjusted non-GAAP income tax provision $ 28,117 $ 32,525
Net loss in earnings of equity method investment $ 559 $
Plus:
Investments (5) (559 )
Adjusted non-GAAP net loss in earnings of equity method investment $ $
Total adjustments $ (53,060 ) $ (37,474 )
GAAP earnings per diluted share $ 1.03 $ 1.02
Adjustments * $ 1.08 $ 0.77
Adjusted non-GAAP earnings per diluted share $ 2.11 $ 1.79

* The reconciliation of net income per share from GAAP to Adjusted non-GAAP may not foot since each is calculated independently.

The Company discloses Adjusted non-GAAP Earnings Per Share (“EPS”) as a supplemental Non-GAAP financial performance measure, as it believes it is a useful metric by which to compare the performance of its business from period to period. The Company also understands that this Adjusted non-GAAP measure is broadly used by analysts, rating agencies and investors in assessing the Company’s performance. Accordingly, the Company believes that the presentation of this Adjusted non-GAAP financial measure provides useful information to investors.

Adjusted non-GAAP EPS is not in accordance with, or an alternative to, net income per share and may be different from Non-GAAP measures with similar or even identical names used by other companies. In addition, this Adjusted non-GAAP measure is not based on any comprehensive set of accounting rules or principles. This Adjusted non-GAAP measure has limitations in that it does not reflect all of the amounts associated with the Company’s results of operations determined in accordance with GAAP.

j2 GLOBAL, INC. AND SUBSIDIARIES
RECONCILIATION OF GAAP TO ADJUSTED NON-GAAP FINANCIAL MEASURES
TWELVE MONTHS ENDED DECEMBER 31, 2018 AND 2017
(UNAUDITED, IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS)

Non-GAAP net income is GAAP net income with the following modifications: (1) elimination of share-based compensation and the associated payroll tax expense; (2) elimination of certain acquisition-related integration costs; (3) elimination of interest costs in excess of the coupon rate associated with the convertible notes; (4) elimination of amortization of patents and intangible assets that we acquired; (5) elimination of change in value on investment; (6) elimination of additional tax or indirect tax related expense/benefit from prior years; (7) elimination of gain on sale of businesses; (8) elimination of additional tax expense due to the Tax Cuts and Jobs Act; (9) elimination of certain restructuring costs; and (10) elimination of dilutive effect of the convertible debt.

Twelve Months Ended December 31,
2018 2017
Cost of revenues $ 201,074 $ 172,313
Plus:
Share based compensation (1) (510 ) (500 )
Acquisition related integration costs (2) (296 ) (195 )
Amortization (4) (2,230 ) (2,916 )
Adjusted non-GAAP cost of revenues $ 198,038 $ 168,702
Sales and marketing $ 338,304 $ 330,296
Plus:
Share based compensation (1) (1,798 ) (1,723 )
Acquisition related integration costs (2) (1,872 ) (8,155 )
Restructuring costs (9) (184 )
Adjusted non-GAAP sales and marketing $ 334,450 $ 320,418
Research, development and engineering $ 48,370 $ 46,004
Plus:
Share based compensation (1) (1,553 ) (1,182 )
Acquisition related integration costs (2) (324 ) (1,885 )
Adjusted non-GAAP research, development and engineering $ 46,493 $ 42,937
General and administrative $ 375,267 $ 323,517
Plus:
Share based compensation (1) (24,232 ) (19,332 )
Acquisition related integration costs (2) (26,909 ) (17,254 )
Amortization (4) (145,849 ) (128,800 )
Tax expense from prior years (6) (378 ) (4,977 )
Adjusted non-GAAP general and administrative $ 177,899 $ 153,154
Interest expense, net $ 61,987 $ 67,777
Plus:
Acquisition related integration costs (2) (83 ) (90 )
Interest costs (3) (8,655 ) (18,541 )
Tax expense from prior years (6) (57 ) (830 )
Adjusted non-GAAP interest expense, net $ 53,192 $ 48,316
Other expense (income), net $ 4,706 $ (22,035 )
Plus:
Acquisition related integration costs (2) (2,938 )
Investments (5) (2,900 )
Sale of businesses (7) 27,696
Adjusted non-GAAP other expense (income), net $ 1,806 $ 2,723
Income tax provision $ 44,760 $ 60,541
Plus:
Share based compensation (1) 7,031 5,440
Acquisition related integration costs (2) 3,949 9,848
Interest costs (3) 2,576 4,837
Amortization (4) 24,290 44,747
Investments (5) 404
Tax expense from prior years (6) 100 1,458
Sale of businesses (7) (8,857 )
Tax Cuts and Jobs Act (8) (11,539 )
Restructuring costs (9) 23
Adjusted non-GAAP income tax provision $ 83,133 $ 106,475
Net loss in earnings of equity method investment $ 4,140 $
Plus:
Investments (5) (4,140 )
Adjusted non-GAAP net loss in earnings of equity method investment $ $
Total adjustments $ (183,597 ) $ (135,688 )
GAAP earnings per diluted share $ 2.59 $ 2.83
Adjustments * $ 3.76 $ 2.81
Adjusted non-GAAP earnings per diluted share $ 6.35 $ 5.64

* The reconciliation of net income per share from GAAP to Adjusted non-GAAP may not foot since each is calculated independently.

The Company discloses Adjusted non-GAAP Earnings Per Share (“EPS”) as a supplemental Non-GAAP financial performance measure, as it believes it is a useful metric by which to compare the performance of its business from period to period. The Company also understands that this Adjusted non-GAAP measure is broadly used by analysts, rating agencies and investors in assessing the Company’s performance. Accordingly, the Company believes that the presentation of this Adjusted non-GAAP financial measure provides useful information to investors.

Adjusted non-GAAP EPS is not in accordance with, or an alternative to, net income per share and may be different from Non-GAAP measures with similar or even identical names used by other companies. In addition, this Adjusted non-GAAP measure is not based on any comprehensive set of accounting rules or principles. This Adjusted non-GAAP measure has limitations in that it does not reflect all of the amounts associated with the Company’s results of operations determined in accordance with GAAP.

Non-GAAP Financial Measures

To supplement its condensed consolidated financial statements, which are prepared and presented in accordance with US GAAP, the Company uses the following Non-GAAP financial measures: Adjusted EBITDA, Adjusted non-GAAP net income, and Adjusted non-GAAP diluted EPS (collectively the “Non-GAAP financial measures”). The presentation of this financial information is not intended to be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with U.S. GAAP. The Company uses these Non-GAAP financial measures for financial and operational decision making and as a means to evaluate period-to-period comparisons. The Company believes that they provide useful information about core operating results, enhance the overall understanding of past financial performance and future prospects, and allow for greater transparency with respect to key metrics used by management in its financial and operational decision making.

(1) Share Based Compensation. The Company excludes stock-based compensation because it is non-cash in nature and because the Company believes that the Non-GAAP financial measures excluding this item provide meaningful supplemental information regarding operational performance. The Company further believes this measure is useful to investors in that it allows for greater transparency to certain line items in its financial statements. In addition, excluding this item from the Non-GAAP measures facilitates comparisons to historical operating results and comparisons to peers, many of which similarly exclude this item.

(2) Acquisition Related Integration Costs. The Company excludes certain acquisition and related integration costs such as adjustments to contingent consideration, retention bonuses, severance, lease terminations, and other acquisition-specific items. The Company believes that the Non-GAAP financial measures excluding this item provide meaningful supplemental information regarding operational performance. In addition, excluding this item from the Non-GAAP measures facilitates comparisons to historical operating results and comparisons to peers, many of which similarly exclude this item.

(3) Interest Costs. In June 2014, the Company issued $402.5 million aggregate principal amount of 3.25% convertible senior notes. In accordance with GAAP, the Company separately accounts for the value of the liability and equity features of its outstanding convertible senior notes in a manner that reflects the Company’s non-convertible debt borrowing rate. The value of the conversion feature, reflected as a debt discount, is amortized to interest expense over time. Accordingly, the Company recognizes imputed interest expense on its convertible senior notes of approximately 5.8% in its income statement. The Company excludes the difference between the imputed interest expense and the coupon interest expense of 3.25% because it is non-cash in nature and because the Company believes that the Non-GAAP financial measures excluding this item provide meaningful supplemental information regarding core operational performance. In addition, the Company has excluded 3 days of overlapping interest expense in June and the month of July 2017 in connection with the 8.0% senior unsecured notes and deferred issuance costs associated with the repayment of the line of credit. The Company has determined excluding these items from the Non-GAAP measures facilitates comparisons to historical operating results and comparisons to peers, many of which similarly exclude this item.

(4) Amortization. The Company excludes amortization of patents and acquired intangible assets because it is non-cash in nature and because the Company believes that the Non-GAAP financial measures excluding this item provide meaningful supplemental information regarding operational performance. In addition, excluding this item from the Non-GAAP measures facilitates comparisons to historical operating results and comparisons to peers, many of which similarly exclude this item.

(5) Change in Value on Investments. The Company excludes the change in value on its equity investments. The Company believes that the Non-GAAP financial measures excluding this item provide meaningful supplemental information regarding operational performance. In addition, excluding this item from the Non-GAAP measures facilitates comparisons to historical operating results.

(6) Tax Expense/Benefit from Prior Years. The Company excludes certain income tax-related items in respect of income tax audit settlements and their related FIN 48 accrual reversals. The Company believes that the Non-GAAP financial measures excluding this item provide meaningful supplemental information regarding operational performance. In addition, excluding this item from the Non-GAAP measures facilitates comparisons to historical operating results.

(7) Gain on Sale of Businesses. The Company excludes the gain on sale of its businesses of Cambridge BioMarketing LLC, Web24, and Tea Leaves Health, LLC. The Company believes that the Non-GAAP financial measures excluding this item provide meaningful supplemental information regarding operational performance. In addition, excluding this item from the Non-GAAP measures facilitates comparisons to historical operating results.

(8) Tax Expense due to the Tax Cuts and Jobs Act. The Company excludes certain income tax-related items in respect of the Tax Cuts and Jobs Act, specifically, the non-current tax associated with the repatriation of untaxed foreign earnings, the revaluation of deferred tax liabilities and the revaluation for uncertain tax positions from prior years. The Company believes that the Non-GAAP financial measures excluding this item provide meaningful supplemental information regarding operational performance. In addition, excluding this item from the Non-GAAP measures facilitates comparisons to historical operating results.

(9) Restructuring Costs. The Company excludes certain restructuring costs. The Company believes that the Non-GAAP financial measures excluding this item to provide meaningful supplemental information regarding operational performance. In addition, excluding this item from the Non-GAAP measures facilitates comparisons to historical operating results.

(10) Convertible Debt Dilution. The Company excludes convertible debt dilution from diluted EPS. The Company believes that the Non-GAAP financial measures excluding this item provide meaningful supplemental information regarding operational performance. In addition, excluding this item from the Non-GAAP measures facilitates comparisons to historical operating results.

The Company presents Adjusted non-GAAP Cost of Revenues, Adjusted non-GAAP Research, Development and Engineering, Adjusted non-GAAP Sales and Marketing, Adjusted non-GAAP General and Administrative, Adjusted non-GAAP Interest Expense, Adjusted non-GAAP Other (Income) Expense, Adjusted non-GAAP Income Tax Provision and Adjusted non-GAAP Net Income because the Company believes that these provide useful information about our operating results and enhance the overall understanding of past financial performance and future prospects.

j2 GLOBAL, INC. AND SUBSIDIARIES
NET INCOME TO ADJUSTED EBITDA RECONCILIATION
THREE AND TWELVE MONTHS ENDED DECEMBER 31, 2018 AND 2017
(UNAUDITED, IN THOUSANDS)

The following table sets forth a reconciliation of Adjusted EBITDA to net income, the most directly comparable GAAP financial measure.

Three Months Ended December 31, Twelve Months Ended December 31,
2018 2017 2018 2017
Net income $ 50,614 $ 49,871 $ 128,687 $ 139,425
Plus:
Interest expense, net 15,559 16,372 61,987 67,777
Other (income) expense, net (1,443 ) (22,696 ) 4,706 (22,035 )
Income tax expense 21,395 32,669 44,760 60,541
Depreciation and amortization 54,324 43,444 187,174 162,041
Reconciliation of GAAP to Adjusted non-GAAP financial measures:
Share-based compensation and the associated payroll tax expense 6,700 8,997 28,093 22,737
Acquisition-related integration costs 6,383 11,253 29,401 27,489
Investments 559 4,140
Additional indirect tax expense from prior years 1,970 378 4,977
Restructuring costs 184 184
Adjusted EBITDA $ 154,275 $ 141,880 $ 489,510 $ 462,952

Adjusted EBITDA as calculated above represents earnings before interest and other expense, net, income tax expense, depreciation and amortization and the items used to reconcile GAAP to Adjusted non-GAAP financial measures, including (1) share-based compensation; (2) certain acquisition-related integration costs; (3) change in value on investments; (4) additional indirect tax expense from prior years; and (5) certain restructuring costs. We disclose Adjusted EBITDA as a supplemental Non-GAAP financial performance measure as we believe it is a useful metric by which to compare the performance of our business from period to period. We understand that measures similar to Adjusted EBITDA are broadly used by analysts, rating agencies and investors in assessing our performance. Accordingly, we believe that the presentation of Adjusted EBITDA provides useful information to investors.

Adjusted EBITDA is not in accordance with, or an alternative to, net income, and may be different from Non-GAAP measures used by other companies. In addition, Adjusted EBITDA is not based on any comprehensive set of accounting rules or principles. This Adjusted non-GAAP measure has limitations in that it does not reflect all of the amounts associated with the Company’s results of operations determined in accordance with GAAP.

j2 GLOBAL, INC. AND SUBSIDIARIES
NON-GAAP FINANCIAL MEASURES
(UNAUDITED, IN THOUSANDS)
Q1 Q2 Q3 Q4 YTD
2018
Net cash provided by operating activities $ 103,910 $ 102,383 $ 87,823 $ 107,209 $ 401,325
Less: Purchases of property and equipment (13,165 ) (15,393 ) (16,370 ) (11,451 ) (56,379 )
Free cash flows $ 90,745 $ 86,990 $ 71,453 $ 95,758 $ 344,946
Q1 Q2 Q3 Q4 YTD
2017
Net cash provided by operating activities $ 51,191 $ 60,464 $ 67,341 $ 85,424 $ 264,420
Less: Purchases of property and equipment (9,660 ) (9,285 ) (10,538 ) (10,112 ) (39,595 )
Add: Contingent consideration* 20,000 19,950 39,950
Free cash flows $ 61,531 $ 71,129 $ 56,803 $ 75,312 $ 264,775
* Free Cash Flows of $61.5 million for Q1 2017 and $71.1 million for Q2 2017 is before the effect of payments associated with certain contingent consideration associated with recent acquisitions.

The Company discloses Free Cash Flows as supplemental Non-GAAP financial performance measure, as it believes it is a useful metric by which to compare the performance of its business from period to period. The Company also understands that this Non-GAAP measure is broadly used by analysts, rating agencies and investors in assessing the Company’s performance. Accordingly, the Company believes that the presentation of this Non-GAAP financial measure provides useful information to investors.

Free Cash Flows is not in accordance with, or an alternative to, Cash Flows from Operating Activities, and may be different from Non-GAAP measures with similar or even identical names used by other companies. In addition, the Non-GAAP measure is not based on any comprehensive set of accounting rules or principles. This Non-GAAP measure has limitations in that it does not reflect all of the amounts associated with the Company’s results of operations determined in accordance with GAAP.

j2 GLOBAL, INC. AND SUBSIDIARIES
RECONCILIATION OF GAAP TO ADJUSTED NON-GAAP FINANCIAL MEASURES
THREE MONTHS ENDED DECEMBER 31, 2018
(UNAUDITED, IN THOUSANDS)
Cloud Digital
Services Media Corporate Total
Revenues
GAAP revenues $ 148,099 $ 197,958 $ 2 $ 346,059
Gross profit
GAAP gross profit $ 119,394 $ 170,701 $ 2 $ 290,097
Non-GAAP adjustments:
Share-based compensation 130 2 132
Acquisition related integration costs (50 ) (50 )
Amortization 544 544
Adjusted non-GAAP gross profit $ 120,018 $ 170,703 $ 2 $ 290,723
Operating profit
GAAP operating profit $ 57,968 $ 34,612 $ (5,896 ) $ 86,684
Non-GAAP adjustments:
Share-based compensation 1,748 1,074 3,878 6,700
Acquisition related integration costs (447 ) 6,830 6,383
Amortization 13,821 29,195 714 43,730
Restructuring costs 184 184
Adjusted non-GAAP operating profit $ 73,090 $ 71,895 $ (1,304 ) $ 143,681
Depreciation 2,697 7,897 10,594
Adjusted EBITDA $ 75,787 $ 79,792 $ (1,304 ) $ 154,275
NOTE 1: Table above excludes certain intercompany allocations
NOTE 2: The table above is impacted by several effects including (a) the Company determined certain patent assets and related income and expenses associated with Advanced Messaging Technologies, Inc. were reclassified from Cloud Services to Corporate which resulted in an increase in Non-GAAP operating profit of $0.1 million to Cloud Services with a corresponding decrease to the Corporate entity; and (b) certain expenses associated with Corporate were allocated to Cloud Services and Digital Media as these costs are shared costs incurred by the Corporate entity. As a result, expenses were allocated from Corporate to Cloud Services and Digital Media in the amount of $1.7 million and $1.8 million, respectively.The effects noted above reduce Adjusted EBITDA for Cloud Services and Digital Media by $1.7 million and $1.8 million, respectively.
j2 GLOBAL, INC. AND SUBSIDIARIES
RECONCILIATION OF GAAP TO ADJUSTED NON-GAAP FINANCIAL MEASURES
THREE MONTHS ENDED DECEMBER 31, 2017
(UNAUDITED, IN THOUSANDS)
Cloud Digital
Services Media Corporate Total
Revenues
GAAP revenues $ 146,916 $ 169,464 $ $ 316,380
Gross profit
GAAP gross profit $ 117,314 $ 153,092 $ $ 270,406
Non-GAAP adjustments:
Share-based compensation 143 143
Amortization 568 568
Adjusted non-GAAP gross profit $ 118,025 $ 153,092 $ $ 271,117
Operating profit
GAAP operating profit $ 55,525 $ 29,060 $ (8,369 ) $ 76,216
Non-GAAP adjustments:
Share-based compensation 1,676 1,166 6,155 8,997
Acquisition related integration costs 261 10,992 11,253
Amortization 15,210 20,064 35,274
Additional tax expense from prior years 1,970 1,970
Adjusted Non-GAAP operating profit $ 74,642 $ 61,282 $ (2,214 ) $ 133,710
Depreciation 2,128 6,042 8,170
Adjusted EBITDA $ 76,770 $ 67,324 $ (2,214 ) $ 141,880
NOTE: Table above excludes certain intercompany allocations
j2 GLOBAL, INC. AND SUBSIDIARIES
RECONCILIATION OF GAAP TO ADJUSTED NON-GAAP FINANCIAL MEASURES
TWELVE MONTHS ENDED DECEMBER 31, 2018
(UNAUDITED, IN THOUSANDS)
Cloud Digital
Services Media Corporate Total
Revenues
GAAP revenues $ 597,975 $ 609,314 $ 6 $ 1,207,295
Gross profit
GAAP gross profit $ 475,821 $ 530,395 $ 5 $ 1,006,221
Non-GAAP adjustments:
Share-based compensation 506 4 510
Acquisition related integration costs 216 80 296
Amortization 2,230 2,230
Adjusted non-GAAP gross profit $ 478,773 $ 530,479 $ 5 $ 1,009,257
Operating profit
GAAP operating profit $ 230,180 $ 41,375 $ (27,275 ) $ 244,280
Non-GAAP adjustments:
Share-based compensation 7,075 5,037 15,981 28,093
Acquisition related integration costs 1,777 27,624 29,401
Amortization 50,738 93,764 3,577 148,079
Additional tax expense from prior years 378 378
Restructuring costs 184 184
Adjusted non-GAAP operating profit $ 290,148 $ 167,984 $ (7,717 ) $ 450,415
Depreciation 10,016 29,079 39,095
Adjusted EBITDA $ 300,164 $ 197,063 $ (7,717 ) $ 489,510
NOTE 1: Table above excludes certain intercompany allocations
NOTE 2: The table above is impacted by several effects including (a) the Company determined certain patent assets and related income and expenses associated with Advanced Messaging Technologies, Inc. were reclassified from Cloud Services to Corporate which resulted in an increase in Non-GAAP operating profit of $1.1 million to Cloud Services with a corresponding decrease to the Corporate entity; and (b) certain expenses associated with Corporate were allocated to Cloud Services and Digital Media as these costs are shared costs incurred by the Corporate entity. As a result, expenses were allocated from Corporate to Cloud Services and Digital Media in the amount of $6.1 million and $5.9 million, respectively. 

The effects noted above reduce Adjusted EBITDA for Cloud Services and Digital Media by $6.1 million and $5.9 million, respectively.

j2 GLOBAL, INC. AND SUBSIDIARIES
RECONCILIATION OF GAAP TO ADJUSTED NON-GAAP FINANCIAL MEASURES
TWELVE MONTHS ENDED DECEMBER 31, 2017
(UNAUDITED, IN THOUSANDS)
Cloud Digital
Services Media Corporate Total
Revenues
GAAP revenues $ 578,956 $ 538,882 $ $ 1,117,838
Gross profit
GAAP gross profit $ 460,210 $ 485,315 $ $ 945,525
Non-GAAP adjustments:
Share-based compensation 500 500
Acquisition related integration costs 195 195
Amortization 2,916 2,916
Adjusted non-GAAP gross profit $ 463,821 $ 485,315 $ $ 949,136
Operating profit
GAAP operating profit $ 226,094 $ 48,018 $ (28,404 ) $ 245,708
Non-GAAP adjustments:
Share-based compensation 6,204 4,107 12,426 22,737
Acquisition related integration costs 1,369 26,120 27,489
Amortization 59,126 72,590 131,716
Additional tax expense from prior years 1,970 3,007 4,977
Adjusted non-GAAP operating profit $ 294,763 $ 150,835 $ (12,971 ) $ 432,627
Depreciation 9,310 21,015 30,325
Adjusted EBITDA $ 304,073 $ 171,850 $ (12,971 ) $ 462,952
NOTE: Table above excludes certain intercompany allocations

Contact:

Scott Turicchi
j2 Global, Inc.
800-577-1790
press@j2.com

Source: j2 Global, Inc.

 

 

General Tags: online backup reviews, online backup companies, online backup, cloud computing, software as a service, online file storage, online data backup, top rated online backups, CEO interviews, backing up online, online backup services, online file backup, online backup providers directory, online backup news, data storage, data security, compare online backups, SaaS

Like us on Facebook




===========================
Do you like this post? Subscribe to our RSS feed ===========================



Share/Save/Bookmark


Backup-Everything-UK-Cloud-Backup-Online-Backup-Remote-Backup

.

Nexenta’s Enterprise Software-Defined File Services (NFS and SMB) Provides Simplicity, Scalability, and Security for Cisco HyperFlex

Enabling New Use Cases Including Virtual Desktop Infrastructures (VDI), Remote Office/Branch Office (ROBO) and Backup/Disaster Recovery (BDR); Support for Legacy Enterprise, New Cloud-Native, and 5G-driven Telco Cloud Apps; Eliminating Cost for Separate File Servers

SAN JOSE, Calif., Feb. 12, 2019 — /BackupReview.info/ — Nexenta (@Nexenta), the global leader in Open Source-driven Software-Defined Storage (OpenSDS), today announced a partnership with Cisco (NASDAQ: CSCO) to deliver Nexenta’s software-based enterprise file services to the Cisco HyperFlex solution. This tested, validated, and ready to deploy solution allows the industry-leading, independent scaling, flexible cluster scaling Cisco HyperFlex, to accelerate adoption and expand to new use cases through Nexenta’s software storage solution, NexentaStor Virtual Storage Appliance (VSA).

Cisco HyperFlex Further Simplifies and Expands Use Cases for Hyper-Converged Systems
Today’s enterprises are finding hyper-converged infrastructures with Cisco’s HyperFlex is a great way to modernize IT infrastructures, by making it more efficient, easier to deploy and keep performance high to support use cases including Virtual Desktop Infrastructure (VDI) and Remote Office/ Branch Office (ROBO).  While hyper-converged architectures are proven to streamline the building and management of new cloud data centers, essential enterprise workloads require file storage protocols like NFS and SMB/CIFS.  The answer of the past is legacy monolithic storage filers, which destroy the Total Cost of Ownership (TCO) and philosophy of going hyper-converged.

Because NexentaStor VSA, full-featured SDS for enterprise applications, can be deployed virtually, customers can easily leverage this software for their Cisco HyperFlex environment. There is no need to buy additional hardware, but instead, they can leverage their existing Cisco HyperFlex hardware saving cost, rack space, and added complexity.

“Nexenta’s software adds file services capability to Cisco HyperFlex which becomes an all-inclusive, full-featured solution for today’s modern data center. We are excited to partner with Nexenta to empower our customers to further simplify and lower their TCO for use cases like VDI,” said Manish Agarwal, Director of Product Management, Cisco.

Software-Based Enterprise-Class File Services to Hyper-Converged Systems
Nexenta’s award-winning fifth-generation storage software, NexentaStor VSA, allows organizations to easily add file services to your Cisco HyperFlex. With added software-based NAS capabilities, customers can leverage an extremely efficient fit-for-purpose storage solution including all of the capabilities expected from an enterprise-class solution including, inline data reduction, snapshots, data integrity, security, and domain control. The management of combined Cisco and Nexenta stack is all done through the familiar VMware vCenter interface.

Cisco HyperFlex Further Streamline VDI Environments
With this solution, Nexenta and Cisco are currently focusing on enabling Virtual Desktop Infrastructure (VDI) deployments to eliminate the need for added additional hardware while providing the performance, scalability, and security required by leading enterprises.  Simply add the Nexenta software to your Cisco HyperFlex system to add essential support for home directories, user profiles, and home shares for your VDI deployment on Cisco HyperFlex.

Key Cisco HyperFlex and NexentaStor VSA Solution Differentiators

  • High-performance SMB and NFS
  • Microsoft AD, LDAP, and Kerberos integration
  • Concurrent SMB & NFS sharing
  • Simplicity of management through VMware vCenter Plugin
  • Inline IO acceleration improving performance
  • Capacity saving inline data reduction
  • Integrated and scheduled snapshots
  • Maintains data integrity during stressful tasks – network/ disk, host recovery
  • Security and domain control with AD
  • High-Performance Replication (scheduled and continuous)
  • High Availability
  • Designed to meet the high demands for performance in a hyper-converged environment
  • Tested and validated by Cisco and Nexenta

“In today’s modern private, hybrid and multi-cloud environments enterprises are looking to remove complexity without comprising features. Running a Windows VM or adding a legacy filer is no longer the acceptable answer. This is why Cisco and Nexenta have partnered together to bring two proven solutions engineered to provide the performance needed to support these critical applications,” said Ricardo Antuna, VP, Business Development at Nexenta.

How to Purchase 
Customers can then work with mutual Cisco and Nexenta global channel ecosystems to purchase this complete solution.

To Learn More About Cisco HyperFlex and NexentaStor VSA
Visit our Solutions Brief on the combine solution, bit.ly/ciscohxnexenta

About Nexenta
Nexenta is the original market maker and leader in Open Software-Defined Storage (OpenSDS) market for multi-cloud enterprise environments; with nearly 3,000 enterprise customers, 300 partners, 50 patents, and more than 2,000 petabytes of storage capacity under management. Nexenta democratizes one of the most oligopolistic hi-tech market segments nearing $120B in size by 2020. Nexenta uniquely integrates its hardware-agnostic software-only OpenSDS innovation with deep “open source” collaboration via some of the most active communities with thousands of members worldwide. Nexenta flexibly enables a wide variety of legacy, enterprise and next-gen cloud-native apps, on any cloud platform, protocol and hardware infrastructure to power the most cost/performant cloud and traditional data centers. Nexenta portfolio is 100% software-based that can be used as a “Bare-Metal Appliance” on a partner hardware, as a “Virtual Storage Appliance (VSA)” on a partner virtual machine or container, or as a cloud-based “Software as a Service (SAAS).” Nexenta provides enterprises with total freedom and flexibility via its industry-leading multi-cloud software innovation, multi-channel collaboration, distribution and enterprise-class support, 24x7x365, globally.

Nexenta, NexentaStor, NexentaCloud, NexentaEdge and NexentaFusion are trademarks or registered trademarks of Nexenta Systems Inc., in the United States and other countries. All other trademarks, service marks and company names mentioned in this document are properties of their respective owners.

Contact:
Press Relations at Nexenta
pr@nexenta.com

Source: Nexenta

 

 

General Tags: SaaS, online backup, online backup news, cloud computing, software as a service, top rated online backups, CEO interviews, backing up online, online file storage, online backup reviews, online backup companies, online backup providers directory, online file backup, data security, compare online backups, online data backup, data storage, online backup services

Like us on Facebook




===========================
Do you like this post? Subscribe to our RSS feed ===========================



Share/Save/Bookmark


Backup-Everything-UK-Cloud-Backup-Online-Backup-Remote-Backup

.

DENVER, CO – February 12, 2019 — /BackupReview.info/ — Today, Axcient, a leader in business availability and cloud migration solutions for Managed Service Providers (MSPs), announced the appointment of David Bennett as Chief Executive Officer (CEO), effective March 4, 2019.

Bennett, the former Chief Revenue Officer at Webroot, is a seasoned IT leader with a proven ability to take technology companies to the next level of revenue growth and innovation. Under his leadership, Webroot achieved 19 consecutive quarters of double-digit growth. With more than 20 years of experience, Bennett previously held international leadership roles at IT companies such as Lenovo, Sony and Kingston.


Photo: David Bennett

“David has a strong track record of leading successful transformations within the IT industry, and we are excited to welcome him to Axcient,” said Eric White, President at Axcient. “He has the knowledge, leadership and experience that will help Axcient partners accelerate growth and gain new momentum in a thriving industry.”

According to Markets and Markets, the global managed services market is expected to grow from $180.5 billion in 2018 to $282 billion by 2023. The major factor driving the managed services market include the need for specialized MSPs who can offer cloud-based managed services.

David Bennett, CEO-elect said, “With the high-growth opportunities in cloud-based managed services, I am energized about the dynamic ways we can help MSPs develop new business ventures. I am excited to lead such an outstanding team at Axcient as we continue to build a channel-centric company uniquely focused on solving the challenges of MSPs. Together, we look forward to reaching new milestones.”

To learn more about Axcient, please visit www.axcient.com

About Axcient
Axcient is an award-winning leader in business availability and cloud migration solutions for Managed Service Providers (MSPs). The Axcient Business Availability suite—which includes Replibit, BRC, CloudFinder, Anchor, Fusion, and the Axcient Cloud—enables MSPs to build secure technology stacks for their customers. Trusted by MSPs worldwide, Axcient protects businesses data and continuity in the event of security breaches, human error and natural disasters. For more information, visit Axcient at www.axcient.com

Follow Axcient on LinkedIn, Facebook and Twitter.

Media Contact
Amanda Lee
ARL Strategic Communicationsfor Axcient
(727) 272-0781
Amanda.Lee@arlpr.com

Source: Axcient

 

 

General Tags: backing up online, online backup news, SaaS, online file storage, online backup companies, compare online backups, data security, online backup reviews, online data backup, top rated online backups, online backup, data storage, CEO interviews, online file backup, cloud computing, online backup providers directory, software as a service, online backup services

Like us on Facebook




===========================
Do you like this post? Subscribe to our RSS feed ===========================



Share/Save/Bookmark


Backup-Everything-UK-Cloud-Backup-Online-Backup-Remote-Backup

.

Premier Channel Publication Honors Rubrik Channel Execs for Second Year Running

PALO ALTO, CA – February 12, 2019 — /BackupReview.info/ — Rubrik, the Cloud Data Management Company, today announced that CRN®, a brand of The Channel Company, has named Bertrand Yansouni, VP of Worldwide Channel, and Randy Schirman, VP of Service Providers, to its list of 2019 Channel Chiefs. The top IT channel leaders included on this list continually strive to drive growth and revenue in their organization through their channel partners.

Each of the 2019 Channel Chiefs have demonstrated exceptional leadership, vision, and commitment to their channel partner programs. Channel Chief honorees are selected by CRN’s editorial staff as a result of their professional achievements, standing in the industry, dedication to the channel partner community, and strategies for driving future growth and innovation.

In September 2018, Rubrik announced the Rubrik Velocity Partner Program, the Company’s first global program for resellers. The tiered program empowers partners with a framework for differentiation, more sales and technical enablement to build expertise, plus new rewards to support and recognize partners who invest in their business with Rubrik. Program benefits went into effect on February 1st, 2019.

Schirman is focused on leading Rubrik’s Managed Service Provider offerings and building sales in this high-growth vertical. His team launched the Rubrik Service Delivery Partner Program in 2018 and has driven tremendous growth in Rubrik’s Service Provider ecosystem.

“We are honored that Bertrand and Randy’s dedication and leadership are being recognized by CRN once again,” said Mike Tornincasa, Executive Vice President of Worldwide Sales at Rubrik. “Rubrik’s unprecedented growth is due in large part to our phenomenal partner ecosystem and our 100% channel go-to-market approach.”

“The individuals on CRN’s 2019 Channel Chiefs list deserve special recognition for their contribution and support in the development of robust partner programs, innovative business strategies, and significant influence to the overall health of the IT channel,” said Bob Skelley, CEO of The Channel Company. “We applaud each Channel Chief’s remarkable record of accomplishments and look forward to following their continued success.”

Earlier in February, CRN named Rubrik to its 100 Coolest Cloud Computing Companies of 2019. This annual list recognizes the most advanced cloud technology suppliers in five categories: infrastructure, platforms and development, security, storage and software.

The 2019 CRN Channel Chiefs list, including the 50 Most Influential Channel Chiefs, is featured online at www.crn.com/channelchiefs and will appear in the February 2019 issue of CRN.

Resources
[PARTNER WEBSITE] Partner With Rubrik
[PRESS RELEASE] Rubrik Launches Global Service Delivery Partner Program Creating New Paths for Channel to Tap into $50 Billion Data Management Market
[PRESS RELEASE] Rubrik Boosts Partner Success with Velocity Partner Program
[PARTNER SUCCESS STORY] Rubrik Enables US Signal to Accelerate Revenue Growth by Automating End-to-End Workflows at Scale

About Rubrik
Rubrik delivers a single software platform to manage and protect data in the cloud, at the edge, and on-premises. Enterprises choose Rubrik’s Cloud Data Management software to simplify backup and recovery, accelerate cloud adoption, and enable automation at scale. As organizations of all sizes adopt cloud-first policies, they rely on Rubrik’s Polaris SaaS platform to unify data for security, governance, and compliance. For more information, visit www.rubrik.com and follow @rubrikInc on Twitter.

About The Channel Company
The Channel Company enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers and end users. Backed by more than 30 years of unequalled channel experience, we draw from our deep knowledge to envision innovative new solutions for ever-evolving challenges in the technology marketplace. www.thechannelco.com

Copyright ©2019. CRN is a registered trademark of The Channel Company, LLC. All rights reserved.

Contact Information
Ken Bruno
Rubrik@highwirepr.com

Source: Rubrik

 

 

General Tags: data storage, online backup reviews, cloud computing, online file storage, software as a service, SaaS, online backup news, data security, backing up online, online backup providers directory, online backup services, online backup companies, CEO interviews, online backup, compare online backups, top rated online backups, online file backup, online data backup

Like us on Facebook




===========================
Do you like this post? Subscribe to our RSS feed ===========================



Share/Save/Bookmark


Backup-Everything-UK-Cloud-Backup-Online-Backup-Remote-Backup

.

Vice President of Worldwide Channels Recognized as Channel Chief for Fourth Consecutive Year

SAN JOSE, CA – February 11, 2019 — /BackupReview.info/ — Cohesity, the leader of hyperconverged secondary storage, announced today that CRN®, a brand of The Channel Company, has named Todd Palmer, vice president of worldwide channels at Cohesity, to its prestigious list of 2019 Channel Chiefs. The top IT channel leaders included on this list continually strive to drive growth and revenue in their organization through their channel partners. This marks the fourth consecutive year Palmer has been recognized as a CRN Channel Chief, a testament to his experience and expertise at building world-class channel programs and organizations that drive explosive sales and customer growth.

Each of the 2019 Channel Chiefs has demonstrated exceptional leadership, vision, and commitment to their channel partner programs. Channel Chief honorees are selected by CRN’s editorial staff as a result of their professional achievements, standing in the industry, dedication to the channel partner community, and strategies for driving future growth and innovation.

Palmer has over a decade of experience in driving channel programs for enterprise data center and cloud technology leaders including Palo Alto Networks, NetApp, Endace, and Computer Associates. At Cohesity, Palmer helped drive the company’s recently announced 300 percent increase in revenue, with over 75 percent of its partners growing their Cohesity business by more than 200 percent.

To help Cohesity meet the exploding demand for its modern web-scale data platform for backup and recovery and other secondary workloads, Palmer significantly expanded the Cohesity partner program to give partners new ways to empower their customers to do more with their backup data, freeing it from being just an expensive insurance policy. The program now includes comprehensive free training, sales tools, aggressive marketing initiatives, and incentives for companies to market and sell their own services.

“The individuals on CRN’s 2019 Channel Chiefs list deserve special recognition for their contribution and support in the development of robust partner programs, innovative business strategies, and significant influence to the overall health of the IT channel,” said Bob Skelley, CEO of The Channel Company. “We applaud each Channel Chief’s remarkable record of accomplishments and look forward to following their continued success.”

“It’s an honor to have the outstanding success of Cohesity’s channel recognized again,” said Palmer. “Together with partners, we have an incredible opportunity to empower enterprises to protect, store and manage secondary data – starting with backups and extending to disaster recovery, testing and development, and analytics – while overcoming the challenge of mass data fragmentation. With our partners, we are enabling customers to extract new insights from their data that can fuel competitive advantage.”

The 2019 CRN Channel Chiefs list, including the 50 Most Influential Channel Chiefs, is featured online at www.crn.com/channelchiefs and will appear in the February 2019 issue of CRN.

About The Channel Company
The Channel Company enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers and end users. Backed by more than 30 years of unequalled channel experience, we draw from our deep knowledge to envision innovative new solutions for ever-evolving challenges in the technology marketplace. www.thechannelco.com

Follow The Channel Company: Twitter, LinkedIn and Facebook

Copyright ©2019. CRN is a registered trademark of The Channel Company, LLC. All rights reserved.

About Cohesity
Cohesity makes your data work for you by consolidating secondary storage silos onto a hyperconverged, web-scale data platform that spans both private and public clouds. Enterprise customers begin by radically streamlining their backup and data protection, then converge file and object services, test/dev instances, and analytic functions to provide a global data store. Cohesity counts many Global 1000 companies and federal agencies among its rapidly growing customer base and was named to Forbes’ “Next Billion-Dollar Startups 2017,” LinkedIn’s “Startups: The 50 Industry Disruptors You Need to Know Now,” and CRN’s “2017 Emerging Vendors in Storage” lists. For more information, visit our website www.cohesity.com and blog https://cohesity.com/blog/, follow us on Twitter https://twitter.com/cohesity and LinkedIn https://www.linkedin.com/company/3750699/ and like us on Facebook https://www.facebook.com/cohesity/.

The Channel Company Media Contact:
Jennifer Hogan
The Channel Company
jhogan@thechannelco.com

Cohesity Media Contacts:
Jenni Adair
Director of Corporate Communications
jenni@cohesity.com
650-400-1871

BOCA Communications for Cohesity
cohesity@bocacommunications.com

Source: Cohesity

 

 

General Tags: online file backup, backing up online, online backup providers directory, data storage, online backup companies, top rated online backups, online data backup, SaaS, online backup news, cloud computing, compare online backups, online backup services, data security, online file storage, CEO interviews, software as a service, online backup reviews, online backup

Like us on Facebook




===========================
Do you like this post? Subscribe to our RSS feed ===========================



Share/Save/Bookmark


Backup-Everything-UK-Cloud-Backup-Online-Backup-Remote-Backup

.
  • StorageCraft announces that the Channel Company names Lee Schor as a 2019 Channel Chief.
  • Schor is part of the exclusive 50 Channel Chiefs who are on the Most Influential list.
  • Schor’s role in creating the StorageCraft Partner Success Program, and what the program entails for partners and StorageCraft.

DRAPER, UT – February 12, 2019 — /BackupReview.info/ — StorageCraft®, whose mission is to protect all data and ensure its constant availability, announced today that CRN®, a brand of The Channel Company, has named Lee Schor, vice president of sales – Americas at StorageCraft, a 2019 Channel Chief. For the second consecutive time, Lee was chosen by the CRN editors for inclusion in the Channel Chiefs Most Influential list.

Channel Chief honorees are selected by CRN’s editorial staff because they have demonstrated exceptional leadership, vision, and commitment to their channel partner programs. Each Channel Chief exemplifies highest professional achievements, standing in the industry, dedication to the channel partner community, and strategies for driving future growth and innovation.

Of the Channel Chiefs, only 50 were selected for the Most Influential list, each singled out for his or her prominent role in guiding and shaping the IT channel itself. The executives on this annual list are part of an elite group of leaders who drive the channel agenda and evangelize the importance of channel partnerships. This distinguished group is recognized for outstanding commitment to driving growth and revenue in their organization through partners, as well as extraordinary leadership in the channel as a whole.

Schor’s role in creating an innovative partner and channel-focused program, the StorageCraft Partner Success Program, helped him gain recognition as a Channel Chief. The StorageCraft Partner Success Program not only encompasses all StorageCraft products, it’s among the most profitable in its space. StorageCraft saw the program’s introduction as an opportunity for the sales team to work more closely with a focused set of partners and build more strategic partnerships.

By taking advantage of new product offerings and the revamped partner program, partners can differentiate themselves in the market, offer more to existing clients and attract new ones. They’ll improve margins and reduce operational cost and overhead too. StorageCraft’s goal for the new program is to empower partners, based on their business models and growth roadmaps, to bring the right-fit offering to their customers, and to maximize their profitability while doing so.

Supporting Quotes
Douglas Brockett, President, StorageCraft
“We are very fortunate to have such a strong, driving force like Lee on our executive team. He is motivated to build partner relationships that drive partner profitability, create programs to expand channel business, and identify opportunities for further business development. Under his leadership, sales focused on partner productivity in 2018, which led to a record number of opportunities for our partners. We will continue to follow our partner-centric vision throughout 2019.”

Bob Skelley, CEO, The Channel Company
“The individuals on CRN’s 2019 Channel Chiefs list deserve special recognition for their contribution and support in the development of robust partner programs, innovative business strategies, and significant influence to the overall health of the IT channel. We applaud each Channel Chief’s remarkable record of accomplishments and look forward to following their continued success.”

The 2019 CRN Channel Chiefs list, including the 50 Most Influential Channel Chiefs, is featured online at www.crn.com/channelchiefs and will appear in the February 2019 issue of 2019.

Follow StorageCraft on Twitter, LinkedIn and Facebook.

Read the latest data backup and recovery thought leadership articles at the StorageCraft Blog.

About StorageCraft
Organizations keep their critical information always safe, accessible, and optimized with StorageCraft’s data protection, data management and business continuity solutions. StorageCraft’s powerful data protection offerings deliver instant, reliable, and complete data recovery and eliminate downtime. Our innovative converged primary and secondary scale-out storage platform, with integrated data protection, solves data growth challenges, is efficient and easy to use for on-premises, cloud-based or hybrid deployments. For more information, visit www.storagecraft.com.

StorageCraft, OneXafe, ShadowXafe, OneSystem and ShadowProtect are trademarks of StorageCraft Technology Corp. Other company and product names may be trademarks or registered trademarks of their respective owners. Copyright 2019 StorageCraft Technology Corp. All rights reserved.

Contact:
Jock Breitwieser
StorageCraft Technology Corp.
+1 408.800.5625
jock.breitwieser@storagecraft.com

Source: StorageCraft

 

 

General Tags: online backup news, online file backup, online backup companies, top rated online backups, online data backup, data security, cloud computing, software as a service, online file storage, CEO interviews, online backup providers directory, data storage, compare online backups, online backup reviews, online backup, SaaS, backing up online, online backup services

Like us on Facebook




===========================
Do you like this post? Subscribe to our RSS feed ===========================



Share/Save/Bookmark


Backup-Everything-UK-Cloud-Backup-Online-Backup-Remote-Backup

.

Fenner has over 25 years of experience working across different facets within the IT reseller business

THOUSAND OAKS, CA – February 11, 2019 — /BackupReview.info/ — Nexsan, part of the StorCentric group and a global leader in unified storage solutions, announced today that CRN®, a brand of The Channel Company, has named Read Fenner, Nexsan’s Vice President of Global Sales, to its prestigious list of 2019 Channel Chiefs. The top IT channel leaders included on this list continually strive to drive growth and revenue in their organization through their channel partners.

Each of the 2019 Channel Chiefs has demonstrated exceptional leadership, vision, and commitment to their channel partner programs. Channel Chief honorees are selected by CRN’s editorial staff as a result of their professional achievements, standing in the industry, dedication to the channel partner community, and strategies for driving future growth and innovation.

Fenner has over 25 years of experience working across different facets within the IT reseller business. He has a proven track record in delivering company and channel success, and has held positions within both reseller and manufacturing companies. Fenner has a background in driving to market new sales strategies, channel development and customer management. He is continuing to develop and drive forward Nexsan’s channel success by highlighting the company’s value proposition and commitment. His dedication and innovativeness has resulted in Fenner being recognized as a 2019 Channel Chief.

“The individuals on CRN’s 2019 Channel Chiefs list deserve special recognition for their contribution and support in the development of robust partner programs, innovative business strategies, and significant influence to the overall health of the IT channel,” said Bob Skelley, CEO of The Channel Company. “We applaud each Channel Chief’s remarkable record of accomplishments and look forward to following their continued success.”

Read Fenner, Vice President of Global Sales at Nexsan, commented: “The channel is fundamental to my role at Nexsan, and as a company we are always looking for ways to drive truly successful partnerships. The channel plays an instrumental role in the IT Industry and I am honored to be recognized as a CRN Channel Chief. This cements Nexsan’s leading position within the channel and I am pleased to be named amongst the top channel leaders.”

“Read plays an integral part in helping develop our vision and strategy,” added Mihir Shah, CEO of StorCentric, parent company of Drobo and Nexsan. “His wealth of experience in generating successful channel campaigns and momentum has enabled us to accelerate Nexsan’s presence. Read’s skillset in looking to continuously develop and promote our channel approach is second to none, and his recognition as a CRN Channel Chief only serves to emphasize the crucial role that he brings to StorCentric.”

The 2019 CRN Channel Chiefs list, including the 50 Most Influential Channel Chiefs, is featured online at http://www.crn.com/channelchiefs and will appear in the February 2019 issue of CRN.

About Nexsan
Nexsan® is a global enterprise storage leader, enabling customers to securely store, protect and manage critical business data. Established in 1999, Nexsan has built a strong reputation for delivering highly reliable and cost-effective storage while remaining agile to deliver purpose-built storage. Its unique and patented technology addresses evolving, complex enterprise requirements with a comprehensive portfolio of unified storage, block storage, and secure archiving. Nexsan is transforming the storage industry by turning data into a business advantage with unmatched security and compliance standards. Ideal for a variety of use cases including Government, Healthcare, Education, Life Sciences, and Media & Entertainment. Nexsan is part of the StorCentric family of brands along with Drobo – and operates as a separate division to securely protect business information.

About The Channel Company
The Channel Company enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers and end users. Backed by more than 30 years of unequalled channel experience, we draw from our deep knowledge to envision innovative new solutions for ever-evolving challenges in the technology marketplace. http://www.thechannelco.com

Follow The Channel Company: Twitter, LinkedIn and Facebook

Copyright ©2019. CRN is a registered trademark of The Channel Company, LLC. All rights reserved.

The Channel Company Contact:
Jennifer Hogan
The Channel Company
jhogan (at) thechannelco (dot) com

Source: Nexsan

 

 

General Tags: online backup providers directory, online backup, backing up online, online data backup, online file backup, data storage, software as a service, online backup reviews, cloud computing, SaaS, compare online backups, top rated online backups, online backup companies, data security, online backup news, online backup services, CEO interviews, online file storage

Like us on Facebook




===========================
Do you like this post? Subscribe to our RSS feed ===========================



Share/Save/Bookmark


Backup-Everything-UK-Cloud-Backup-Online-Backup-Remote-Backup

.

New York City – February 12, 2019 — /BackupReview.info/ — CTERA Networks, the global leader in secure edge-to-cloud file services, today announced a record year in 2018 in which it doubled enterprise software subscription revenue year-over-year. CTERA’s momentum was driven by strong demand from large organizations with high priorities for unstructured data management and security across both on-premises and cloud.

CTERA’s strong business results capped a successful year in which CTERA secured $30M in Series D funding, developed strategic partnerships and continued its global expansion.

“The balance of enterprise storage investment has shifted away from NAS and traditional systems towards multi-cloud solutions that provide scale and cost savings,” said Liran Eshel, CEO of CTERA. “CTERA is primed to capitalize on a high-growth market opportunity by delivering a modern, software-defined platform with unparalleled security and performance, enabling enterprises to migrate file storage, collaboration, and data protection to the cloud on their terms.”

CTERA’s 2018 business highlights include:

Customers
Added more than 50 new large enterprise customers in 2018, in addition to major expansion in existing accounts. Won multiple deals greater than $1M in the financial, government, media, and healthcare verticals.

Product

  • Extended the CTERA Edge Filer line with new appliances boasting larger capacities and all-flash options.
  • Launched new data loss prevention capabilities to enhance the protection of sensitive enterprise data.
  • Introduced smart cloud tiering capabilities for cloud cost optimization.

Partners
Expanded the CTERA global partner ecosystem, providing customers best-of-breed choice for infrastructure and managed services.

Geographic Expansion
Opened the CTERA Asia headquarters in Singapore with local sales and delivery resources to build on an emerging market opportunity in the APAC region.

Funding
Completed a $30 million Series D growth equity funding round, with the participation of all existing investors as well as new shareholders Red Dot Capital, a Temasek holdings-backed growth fund, and Singtel Innov8.

“Most organizations today have several relationships spanning on-premises object storage and large public cloud vendors, all of which have various benefits for unstructured data storage,” said George Crump, president of IT analyst Storage Switzerland. “This multi-cloud ecosystem has created the need for solutions like CTERA that bridge the gap between edge and cloud by ensuring fast file accessibility for users whenever and wherever they need it, and by moving data seamlessly between clouds to take advantage of pricing, available resources, and unique capabilities.”

About CTERA
Trusted by Fortune 100, government organizations and leading service providers, CTERA provides the only cyber-hardened and completely unified file sharing and data protection platform that allows enterprise IT to address the full continuum of global file services from the cloud infrastructure of their choice. CTERA is leading the digital transformation of enterprises to cloud-enabled file services, with millions of corporate users and tens of thousands of cloud-enabled offices worldwide.

Agency Contact:
InkHouse
Jill Rosenthal
ctera@inkhouse.com

CTERA Contact:
www.ctera.com/company/contact/

Source: CTERA Networks

 

 

 

General Tags: online file storage, top rated online backups, SaaS, online backup services, online backup providers directory, online backup reviews, backing up online, software as a service, CEO interviews, online backup news, online backup companies, data security, compare online backups, data storage, online file backup, cloud computing, online backup, online data backup

Like us on Facebook




===========================
Do you like this post? Subscribe to our RSS feed ===========================



Share/Save/Bookmark


Backup-Everything-UK-Cloud-Backup-Online-Backup-Remote-Backup

.

Businesses report breaches are most likely to spawn from phishing attacks

Reading, UK – 11th February 2019 – /BackupReview.info/ — Carbon Black (NASDAQ: CBLK), a leader in next-generation endpoint security delivered via the cloud, today released the results of its second UK Threat Report. The research indicates that the UK’s cyber threat environment is intensifying. According to the report, attacks are growing in volume, and the average number of breaches has increased. The report analyses survey results from different vertical sectors, organisation sizes and IT team sizes to build a picture of the modern attack and cyber defence landscape in the UK.

Key survey research findings:

  • 88% of UK organisations reported suffering a breach in the last 12 months
  • The average number of breaches per organisation over the past year was 3.67
  • 87% of organisations have seen an increase in attack volumes
  • 89% of organisations say attacks have become more sophisticated
  • 93% of organisations plan to increase spending on cyber defence

Compared with the previous report, published in September, the average number of breaches has increased from 3.48 to 3.67. More than 5% of organisations have seen an increase in attack volumes.

100% of Government and Local Authority organisations surveyed reported being breached in the past 12 months, suffering 4.65 breaches, on average. 40% have been breached more than five times. In the private sector, the survey indicates that Financial Services are the most likely to report a breach, with 98% of the surveyed companies reporting breaches during the past 12 months.

“We believe our second UK threat report underlines that UK organisations are still under intense pressure from escalating cyberattacks,” said Rick McElroy, Head of Security Strategy for Carbon Black. “The report suggests that the average number of breaches has increased, but as threat hunting strategies start to mature, we hope to see fewer attacks making it to full breach status.”

The Weakest Link in Cybersecurity: Humans
According to the report, malware remains the most prolific attack type in the UK, with more than a quarter (27%) of organisations naming it the most commonly encountered. Ransomware holds second position (15%). However, the human factor plays a part in the attacks resulting in breaches. Phishing attacks appear to be at the root of one in five successful breaches. Combined, weaknesses in processes and outdated security technology were reported factors in a quarter of breaches, indicating that failures in basic security hygiene continue to be high risk vectors that organisations should address as a priority.

Cyber Defence Investment Increases in the Face of Increasing Attack Volumes
Organisations across all sectors reported increases in the volume of attacks during the past 12 months. However, of the organizations surveyed Government and Local Authority organisations saw particularly high increases, with 40% noting more than 50% increase in the number of attacks. Similarly, in Healthcare, 29% of respondents noted increases of 50% or more.

A silver lining here is that 6% more of the organisations plan to increase cybersecurity spending compared to six months ago.

Threat Hunting is Delivering on its Promise
60% of UK organisations surveyed said they are actively threat hunting and more than a quarter (26%) have been doing so for a year or more. A very encouraging 95% reported that threat hunting has strengthened their defences. The survey results suggest that threat hunting is most mature in the financial services sector, with 53% threat hunting for more than a year.

“We believe threat hunting is an integral part of a mature security posture,” McElroy said. “It’s encouraging to see this numbers continuing to climb.”

Click here Click here https://www.carbonblack.com/resources/threat-research/global-threat-report-series/ to download the full report from Carbon Black.

Survey Methodology
Carbon Black commissioned a survey, undertaken by an independent research organisation, Opinion Matters, in January 2019, published in February. More than 250 UK CIOs, CTOs and CISOs were surveyed from companies in a range of industries including: Financial, Healthcare, Government, Retail, Manufacturing, Food and Beverage, Oil and Gas, Professional Services, and Media and Entertainment. This is the second UK Threat Report from Carbon Black, building on the first survey undertaken in August 2018. This forms part of a global research project across multiple countries, including: Australia, Canada, France, Germany, Italy, Japan, Singapore and the UK.

About Carbon Black
Carbon Black (NASDAQ: CBLK) is a leading provider of next-generation endpoint security delivered via the cloud. Leveraging its big data and analytics cloud platform – the CB Predictive Security Cloud – Carbon Black consolidates prevention, detection, response, threat hunting and managed services into a single platform with a single agent and single console, making it easier for organizations to consolidate security stacks and achieve better protection. As a cybersecurity innovator, Carbon Black has pioneered multiple endpoint security categories, including application control, endpoint detection and response (EDR), and next-generation antivirus (NGAV) enabling customers to defend against the most advanced threats. More than 4,600 global customers, including one-third of the Fortune 100, trust Carbon Black to keep their organizations safe.

Carbon Black and CB Predictive Security Cloud are registered trademarks or trademarks of Carbon Black, Inc. in the United States and/or other jurisdictions.

Contact:
Michael Bartley, C8 Consulting
+44 (0)1189 497736
michael@c8consulting.co.uk

Source: Carbon Black

 

 

General Tags: online backup services, data storage, cloud computing, backing up online, online file backup, compare online backups, online data backup, SaaS, online backup companies, top rated online backups, online backup reviews, online backup news, data security, software as a service, online file storage, online backup, CEO interviews, online backup providers directory

Like us on Facebook




===========================
Do you like this post? Subscribe to our RSS feed ===========================



Share/Save/Bookmark


Backup-Everything-UK-Cloud-Backup-Online-Backup-Remote-Backup

.

– Faustini brings to Commvault more than 20 years of experience in go-to-market strategy, sales leadership and execution in both partner-led and direct sales models –

Tinton Falls, N.J. – Feb. 12, 2019 — /BackupReview.info/ — Commvault (NASDAQ: CVLT), a recognized global enterprise software leader in the management of data for cloud and on premises environments, today announced the appointment of Anthony Faustini as vice president of sales for the Americas. In this role, Faustini will work closely with sales leadership to drive Commvault’s go-to-market (GTM) strategy and revenue growth in the Americas, with and through the company’s global partners.

Faustini brings to Commvault more than 20 years of experience in GTM strategy, sales leadership and execution in both partner-led and direct sales models. His diverse background and experience working closely with product teams ideally position him for this role. Throughout his career, he has built dynamic workplace cultures that have empowered, excited and motivated his teams to thrive.

Faustini most recently served as a global sales leader responsible for the Data Center Networking and Tetration portfolio at Cisco, where annual bookings exceeded $4 billion. Prior to this position, Faustini ran several early-stage incubation sales teams within Cisco that grew new product introductions from $0 to more than $1 billion.

“We are thrilled to have Anthony join our team during this exciting time at the company,” said Ron Miiller, senior vice president, worldwide sales. “He has a track record of delivering exceptional results across highly-diverse and aggressive sales models and we expect he’ll have great success here given our market leadership and our focus on leveraging our partner ecosystem.”

In his early career at Cisco, Faustini served as a consulting systems engineer and senior product manager responsible for the Nexus 7000.

“Commvault has had tremendous success bringing innovative products to market that enable its partners and customers to simplify, streamline and scale [its] business for success,” said Faustini. “I look forward to working with our leadership team to build on Commvault’s partner-centric strategy in Americas while expanding our market presence and influence — increasing our overall value proposition and driving revenue growth.”

In between his long tenures at Cisco, Anthony was also the vice president, global financial services sales at Big Switch Networks. In this role, he oversaw the company’s global financial operations, pricing structure, sales pipeline and GTM model for its software-defined networking products.

About Commvault
Commvault is the recognized leader in data backup and recovery. Commvault’s converged data management solution redefines what backup means for the progressive enterprise through solutions that protect, manage and use its most critical asset — its data. Commvault software, solutions and services are available from the company and through a global ecosystem of trusted partners. Commvault employs more than 2,500 highly-skilled individuals across markets worldwide, is publicly traded on NASDAQ (CVLT), and is headquartered in Tinton Falls, New Jersey in the United States. To learn more about Commvault visit www.commvault.com

Safe Harbor Statement
Customers’ results may differ materially from those stated herein; Commvault does not guarantee that all customers can achieve benefits similar to those stated above. This press release may contain forward-looking statements, including statements regarding financial projections, which are subject to risks and uncertainties, such as competitive factors, difficulties and delays inherent in the development, manufacturing, marketing and sale of software products and related services, general economic conditions and others. Statements regarding Commvault’s beliefs, plans, expectations or intentions regarding the future are forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from anticipated results. Commvault does not undertake to update its forward-looking statements. The development and timing of any product release as well as any of its features or functionality remain at our sole discretion.

©1999-2019 Commvault Systems, Inc. All rights reserved. Commvault, Commvault and logo, the “C hexagon” logo, Commvault Systems, Solving Forward, SIM, Singular Information Management, Commvault HyperScale, ScaleProtect, Commvault OnePass, Commvault Galaxy, Unified Data Management, QiNetix, Quick Recovery, QR, CommNet, GridStor, Vault Tracker, InnerVault, Quick Snap, QSnap, IntelliSnap, Recovery Director, CommServe, CommCell, ROMS, APSS, Commvault Edge, Commvault GO, Commvault Advantage, Commvault Complete, Commvault Activate, Commvault Orchestrate, 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. 

Tags:

  • Corporate

Media & Analyst Contact:
Miranda Foster
Commvault
+1-646-370-9785
mfoster@commvault.com

Source: CommVault
 

General Tags: software as a service, compare online backups, CEO interviews, online backup companies, data security, online file storage, online file backup, online backup reviews, SaaS, online backup, online backup providers directory, data storage, online backup news, cloud computing, online data backup, backing up online, top rated online backups, online backup services

Like us on Facebook




===========================
Do you like this post? Subscribe to our RSS feed ===========================



Share/Save/Bookmark


Backup-Everything-UK-Cloud-Backup-Online-Backup-Remote-Backup

.

Company Leaders Rae, Tippett and Chapin Recognized as 2019 Channel Chiefs by CRN

Norwalk, Conn. – February 12, 2019 — /BackupReview.info/ — Datto, Inc., the leading provider of IT solutions delivered through Managed Service Providers (MSPs), today announced that CRN®, a brand of The Channel Company, has named Datto, Inc. to its 100 Coolest Cloud Computing Companies of 2019 list.

The 100 Coolest Cloud Computing Vendors are selected based on a company’s innovation and creativity in product development, quality of services and partner programs, and their demonstrated ability to help customers benefit from the ease of use, flexibility, scalability, and budgetary savings that cloud computing offers.

Datto was named one of the 20 Coolest Cloud Storage Vendors for its seamless unification of Datto appliances with the resources of Datto’s hybrid cloud, providing one of the most available, cost-effective, and capable business continuity platforms available to MSPs. The company’s leading cloud-to-cloud data protection platform protects Office 365 and Google Drive data and restores lost or corrupted objects in seconds through an intuitive admin interface.

In addition to recognizing Datto’s performance in the cloud, CRN has also named three company leaders to its prestigious list of 2019 Channel Chiefs; John Tippett, vice president of Datto Networking; Caroline Chapin, director of partner marketing; and Rob Rae, vice president of business development who was also named a 50 Most Influential Channel Chief for 2019.

“Working in the channel and providing MSPs with the resources they need to grow is why we come to work every day at Datto, so to be recognized by CRN for our efforts is a huge honor for us,” stated Rob Rae, vice president of business development and five-time recipient of CRN’s Channel Chief award. “To have also been named to CRN’s Coolest Cloud Computing Companies of 2019 is something we’re immensely proud of as the cloud industry continues to grow at a rapid pace.”

About Datto
As the world’s leading provider of IT solutions delivered by Managed Service Providers (MSPs), Datto believes there is no limit to what small and medium businesses can achieve with the right technology. Datto offers business continuity and disaster recovery, networking, business management, and file backup and sync solutions, and has created a one-of-a-kind ecosystem of partners that provide Datto solutions to half a million businesses across more than 130 countries. Since its founding in 2007, Datto has earned hundreds of awards for its rapid growth, product excellence, superior technical support, and for fostering an outstanding workplace. With global headquarters in Norwalk, Connecticut, Datto has international offices in the United Kingdom, Netherlands, Denmark, Germany, Canada, Australia, China, and Singapore.

Learn more at datto.com

Media Contact:
Shoba V. Lemoine
Datto
Email: communications@datto.com

Source: Datto

 

 

General Tags: online backup news, compare online backups, online file backup, online file storage, online backup services, online data backup, online backup providers directory, data storage, cloud computing, software as a service, online backup reviews, backing up online, top rated online backups, data security, online backup, SaaS, online backup companies, CEO interviews

Like us on Facebook




===========================
Do you like this post? Subscribe to our RSS feed ===========================



Share/Save/Bookmark


Backup-Everything-UK-Cloud-Backup-Online-Backup-Remote-Backup

.

BOSTON, MA – Feb. 12, 2019 — /BackupReview.info/ — Carbonite, Inc. (NASDAQ: CARB), a global leader in data protection, today announced that the company is scheduled to participate at the following investor events:

  • JMP Securities Technology Conference on Tuesday, February 26th, 2019 at 9:00 a.m. pacific time
  • Morgan Stanley Technology, Media and Telecom Conference on Wednesday, February 27th, 2019 at 4:25 p.m. pacific time

The presentations will be webcast live and available for replay in the investor relations section of Carbonite’s website at investor.carbonite.com

About Carbonite
Carbonite provides a robust Data Protection Platform for businesses, including backup, disaster recovery, high availability and workload migration technology. The Carbonite Data Protection Platform supports global businesses with secure cloud infrastructure.

To learn more visit www.Carbonite.com

Investor Relations:
Jeremiah Sisitsky
Carbonite
781-928-0713
investor.relations@carbonite.com

Media:
Sarah King
Carbonite
617-421-5601
media@carbonite.com

Source: Carbonite, Inc.

 

 

General Tags: online file storage, top rated online backups, online backup services, online backup reviews, CEO interviews, data security, online backup providers directory, online backup news, data storage, compare online backups, backing up online, online backup, software as a service, SaaS, online data backup, cloud computing, online backup companies, online file backup

Like us on Facebook




===========================
Do you like this post? Subscribe to our RSS feed ===========================



Share/Save/Bookmark


Backup-Everything-UK-Cloud-Backup-Online-Backup-Remote-Backup

.

Industry’s First Multi-Cloud Copy Data Management SaaS Platform Makes it Easier, More Cost-Effective for Customers to Backup, Manage, Instantly Use Data in Hybrid and Multi-Cloud Environments

Waltham, Mass. – February 11, 2019 — /BackupReview.info/ — Actifio, the pioneer of Copy Data Management software, today unveiled Actifio GO, industry’s first multi-cloud Copy Data Management SaaS platform, making it faster and simpler to backup and restore, accelerate DevOps and analytics initiatives and meet regulatory and compliance requirements for applications on premises and in multi-cloud environments. A SaaS solution built on Actifio Sky software, Actifio GO enables enterprise backup, system, application or DevOps administrators operating in multi-cloud environments to focus on data management policies and simplify their operations by eliminating the management of software and infrastructure. To get started, visit ActifioGO.com

Driven by new services, lower costs and on-demand/pay-per-use operational models, enterprises are increasingly operating in hybrid and multi-cloud environments to accelerate time to market, agility and increase efficiency. Applications and data are distributed across multi-cloud environments and need to be seamlessly protected, managed, moved and accessed anywhere. Copy data, making up an average of 13 times the size of production data, was already a massive problem on-premises, and has now exploded in the multi-cloud environments. IDC estimated that copy data will cost IT organizations $55.63 billion in 2020.*

Actifio GO is the industry’s first multi-cloud-centric solution to address not only the need to contain copy data sprawl and reduce storage costs, but also meet the scale, speed and data transformation requirements across multiple cloud platforms, while delivering the low-friction cloud experience. Actifio GO accelerates customers’ time to go-live by up to 17x, by eliminating the need to deploy and manage Copy Data Management software, by requiring no on-premises storage, and with a no-risk free trial, pay-per-use model and no lock-in — not even to Actifio GO.

Actifio GO is the latest addition to the company’s industry-leading Actifio Sky software portfolio, now providing customers the flexibility to use a SaaS solution to manage copy data in hybrid cloud or multi-cloud environments. The first in what will be a series of offerings is Actifio GO for VMware, a friction-free SaaS solution for enterprise backup administrators allowing them to focus on the backup policies and not on managing backup software or infrastructure.

Key features include:

  • One hour to go-live: Sign up, configure, backup, and restore in one hour.
  • Five choices of multi-cloud backup targets: Backup to any of the major public cloud providers such as AWS, Azure, Google, IBM, and Wasabi.
  • Zero on-premises storage: Industry’s first direct-to-cloud backup, using Actifio OnVault technology, eliminating need for on-premises backup storage. Option to turn on local on-premises caching for applications and environments requiring local copies.
  • Near-instant recovery: Recover VMs directly from cloud object storage back to on-premises, using the streaming network protocol and object storage data store format of Actifio’s patented OnVault technology.
  • Up to 40% lower costs: Lower infrastructure costs, lower operational costs and pay-per-use subscription pricing per VM.

Actifio GO will continue to expand the supported workloads, use cases and platforms to deliver operational simplicity and proven business value in the multi-cloud environments.

For more than 3,600 global enterprises, Actifio Sky is a proven platform at the foundation of data-driven digital transformation initiatives to protect, manage and leverage data as a strategic asset. Actifio pioneered Copy Data Management solutions to eliminate the copy data sprawl and reduce storage costs, while delivering instant access to any point-in-time copy of data, for any applications, at any location. Actifio’s patented Virtual Data Pipeline (VDP) technology combines data virtualization technology, which creates a single golden copy of application-centric data used for virtualized copies, with data pipelining technology that provides data mobility, transformation and point-in-time application recovery orchestration, at any location.

Ash Ashutosh, co-founder and CEO of Actifio, said, “We heard it loud and clear – our customers need to manage and instantly access their copy data in any cloud platform, for any multi-cloud application and have that ‘self-service cloud experience.’ Over three years, we worked closely with our customers and cloud partners to integrate pioneering multi-cloud operational automation technologies with our battle-tested data virtualization and data pipelining technologies. We then added everything we learned from our internal operations about making it easier for our users to learn, try, buy, go live and expand our solution. Today, we are announcing the result with another breakthrough solution, Actifio GO, to not only deliver an amazing user experience on every aspect of our customers’ engagements with us, but also one that delivers the proven business value at cloud scale, cloud speed and cloud agility.”

Analyst Observations
“When we first started tracking the copy data management opportunity, we identified a $50 billion per year cost to IT organizations worldwide grounded primarily in capacity inefficiency from storing excess copies of data. Actifio recognized how this problem was affecting companies and introduced one of the first solutions to address it. Now, in the data-intensive, multi-cloud era, it is also clear that data siloes must become data pipelines. That means seamless data availability from on-premise to any cloud for secure, instant access to data for business use.” – Phil Goodwin, Research Director, IDC

Managed Service Provider Observations
“As they did almost a decade ago by upending data center economics with copy data management, Actifio is changing the game in the modern multi-cloud era with Actifio GO. Time is money, and Actifio GO is the key to speeding up every data-intensive process our customers run.” — Abdul Altamimi, Founder and CTO, RestorePoint, a leading managed service provider specializing in data management, integrated security and business analytics

“Customer onboarding with Actifio GO is impressive. We have already put it through its paces across Azure, AWS and Google Cloud with amazing results. Customers are being set up in minutes, not months. As a born-in-the-cloud service provider, our mission is to deliver velocity with confidence for our customers, allowing them to confidently consume public cloud for test, dev and production workloads, decommission on-premises storage and significantly reduce the operational overhead and cost. It’s this ability to deliver both enterprise-class pace and scale that really makes Actifio stand out from the crowd. Actifio GO is an absolute game-changer and its release has further solidified Actifio’s position as a highly valued strategic partner of The Instillery.” — Mike Jenkins, founder and CEO of The Instillery, a leading cloud advisory and managed service provider in New Zealand

“Actifio’s innovation has strengthened our mission to help our customers achieve digital resilience. By launching Actifio GO as an industry-first multi-cloud SaaS offering, Actifio is further reducing the time and complexity to protect digital assets, while lowering the cost and easing the process of multi-cloud data management and protection.” — Kurt Klein, CEO at DataEndure, a leading integrator of data management and protection solutions

Building on market-leading innovation in hybrid and multi-cloud technologies, Actifio solutions increasingly drive enterprises’ critical digital transformation initiatives: modernizing data protection, building business and cyber resilience, accelerating DevOps and analytics, and meeting compliance and governance requirements. Actifio solutions can be consumed and implemented on premises, in hybrid clouds, public clouds and now as a multi-cloud SaaS offering with the new Actifio GO.

For more information on Actifio GO, please visit https://actifiogo.com

About Actifio
Actifio is the world’s leading enterprise Data-as-a-Service (DaaS) software platform. More than 3,500 enterprises in 38 countries rely on Actifio solutions to enable users to deliver their data just as they deliver their applications and infrastructure… as a service available instantly, anywhere. An enterprise-class software platform powered by patented Virtual Data Pipeline™ technology, Actifio frees data from traditional infrastructure to accelerate adoption of hybrid cloud, build higher quality applications faster, and improve business resiliency and availability. For more, visit Actifio.com or follow us on Twitter @Actifio.

*IDC Market Glance: Copy Data Management, 2Q’18, doc #US43745318, April 2018

Media Contact:
P.J. Lee, CTP for Actifio
pjlee@ctpboston.com

Source: Actifio

 

 

General Tags: online backup, CEO interviews, cloud computing, online backup news, online file backup, software as a service, backing up online, top rated online backups, data security, online backup providers directory, SaaS, online backup reviews, online data backup, online backup services, online backup companies, data storage, online file storage, compare online backups

Like us on Facebook




===========================
Do you like this post? Subscribe to our RSS feed ===========================



Share/Save/Bookmark


Backup-Everything-UK-Cloud-Backup-Online-Backup-Remote-Backup

.

Handel Architects, an architecture firm founded in 1994 in New York City, switched to NAKIVO Backup & Replication installed on Synology NAS, enabling them to save their backup costs by 50% and storage space by 30%

Sparks, NV – February 11, 2019 — /BackupReview.info/ — NAKIVO Inc., a fast-growing software company for protecting virtualized and cloud environments, has announced today that Handel Architects has selected NAKIVO Backup & Replication to protect their VMware environment.

Handel Architects is an architecture, interior design, and planning firm headquartered in New York City. Handel Architects is involved with projects across North America, South America, the Middle East, and Asia; with more than 150 architects, interior designers, planners, and support staff from offices in New York City, San Francisco, Hong Kong, and Abu Dhabi. The firm has gained national and international recognition for work such as the Dream Downtown Hotel in New York City, the World Trade Center Memorial in New York City, the Pacific in San Francisco, and the Ritz-Carlton Hotel in Washington DC’s Georgetown neighborhood.

Handel Architects’ IT infrastructure is virtualized on VMware, and includes multiple VMware VMs that store file servers such as graphic 3D rendering files, various architectural and modelling systems, an accounting server, as well as domain controllers. The work that is produced by the architects and staff at Handel Architects is labor intensive in terms of the skill and difficulty levels; thus, if there is ever a mistake or an error in their work, the company requires the ability to capture and pull back that data, rather than having to recreate the data from scratch. Moreover, the company’s work is billed by the hour, in this way if a disaster occurs and their IT infrastructure becomes unavailable, the firm risks losing project work, and may lose the extra hours that would be required to recreate that work. For this reason, having a reliable VM backup system that can provide full VM backup and quick recovery is essential for the company.

In the past, Handel Architects protected their VMware environment with two products, one was for disaster recovery, and the other was for daily backups. The first product was extremely expensive and slow. The firm was replicating data from their main office to their secondary location; however, if anything were to have happened to their main office, the product would not have been able to transfer the data from the secondary location back to the main office in a timely manner (due to the graphic files being so large). The second product used for daily backups was being discontinued, thus the company decided to look for a software that would be able to provide them with both VM backup and replication in one product. “We wanted to leverage our existing hardware, as we already had an actual storage device – our Synology NAS. In addition, I wanted a product that was not too complicated, just something simple to use that did not need my constant management. Lastly, cost was of course an important factor as well,” says Paul Cheng, IT Manager, at Handel Architects.

NAKIVO Backup & Replication is a reliable VM backup solution that was designed specifically for virtualized environments, and provides both VM backup as well as VM replication functionality. Moreover, the product integrates seamlessly with multiple Synology NAS models, enabling customers to create a high-performance VM backup appliance. Lastly, not only does NAKIVO Backup & Replication provide performance and functionality, the solution also offers flexibility, as well of ease of access and management. “What I appreciate about NAKIVO Backup & Replication is that you can do almost everything on your own, including the installation, as well as all subsequent updates. In terms of integration with our Synology NAS box, we can now use the server not only for our data storage purposes, but also as a backup hardware,” says Paul.

With VM backup, Handel Architects can now protect their VMware VMs and file servers, as well as keep recovery points on a monthly and yearly basis. “We perform daily backup for our file servers, as well as weekly backup for our VMs. As we hold a huge amount of historical data, we also keep recovery points on a monthly and yearly basis. With NAKIVO Backup & Replication, I feel more confident in the reliability of our VM backups in comparison to our previous product. That product did not offer us much visibility into the whole backup process, considering that we could not see the exact data being backed up when it came to our large servers. With NAKIVO Backup & Replication we now have more control over where and how our data is backed up,” explains Paul.

NAKIVO Backup & Replication’s web interface provides Paul with flexibility and ease-of-use. “I like how the web interface is designed because I can very easily schedule backups jobs, decide on particular backup repositories, and moreover, watch how and at what speed the backup job progresses. I am comfortable with the level of control and simplicity the solution gives me,” says Paul.

Increasing storage space was a small concern for Handel Architects, however, the issue was quickly eliminated when the company switched to NAKIVO Backup & Replication. NAKIVO Backup & Replication allowed the company to deduplicate and compress data, enabling it to fit within the storage that was specifically allocated. “With global data deduplication and compression, we are saving at least 30% on our storage space. I was really happy to see such storage space savings with the product,” says Paul.

In the near future, Paul hopes to take full advantage of the VM replication and instant VM recovery. With VM replication, NAKIVO Backup & Replication provides a way to replicate VMware VMs to a secondary location. Thus, if a disaster strikes, VM replicas can simply be powered on and running in a minimum amount of time. Instant VM recovery provides a near-instant way to recover full VMware VMs directly from compressed and deduplicated backups. “Once we have configured all of our servers correctly, we will have a look at the remaining functionality. I am very anxious to test instant file recovery,” says Paul.

NAKIVO Backup & Replication installed on a Synology NAS provides Handel Architects with reliable VM backup, ease of use and management, as well as storage space savings. With NAKIVO Backup & Replication, the company can schedule backups on a daily/weekly basis, and keep recovery points on a monthly/yearly basis. With global data deduplication and compression, Handel Architects also attained storage space savings of 30%. Lastly, the product’s ease-of-use, achieved through the simple web interface, provides the much needed ease of access and management for Paul. “The previous product was a pain in terms of storage space allocation, while NAKIVO Backup & Replication takes care of the storage space automatically, so I do not have to do a thing in that regard. In terms of cost savings, we saved at least 50% of our money by switching to NAKIVO Backup & Replication. We not only saved money, but also achieved a new level of reliability and comfort when it comes to backing up our file servers and VMs,” says Paul.

RESOURCES

  • Trial Download: https://www.nakivo.com/resources/download/trial-download/
  • Datasheet: https://www.nakivo.com/res/files/nakivo-backup-replication-datasheet.pdf
  • Success Stories: https://www.nakivo.com/customers/success-stories/

About Handel Architects
Handel Architects was founded in 1994 with a commitment to making cities better places to live in. The company believes that architecture and design matter, and that through their work, Handel Architects can make a positive difference in the world. Handel Architects strive to create buildings that are not just things in themselves, but serve as catalysts for positive urban and social change. With over 180 architects and designers in New York, San Francisco, Boston, and Hong Kong, the firm’s work encompasses projects like the National September 11 Memorial, urban infrastructure and master planning projects, high density mixed use developments, multi-family projects across all income bands, corporate headquarters, and buildings for non-profit, institutional, and educational clients around the world. For more information, please visit www.handelarchitects.com

About NAKIVO
The winner of a “Best of VMworld 2018” Gold Award for Data Protection, NAKIVO is a US corporation dedicated to developing the ultimate VM backup and site recovery solution. With 20 consecutive quarters of double-digit growth, 5-star online community reviews, 97.3% customer satisfaction with support, and more than 10,000 deployments worldwide, NAKIVO is one of the fastest-growing data protection software vendors in the industry. NAKIVO’s customers include great companies such as Coca-Cola, Honda, China Airlines, DHL, and many others. NAKIVO has a global presence, with over 3,300 channel partners in 140 countries.

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

Contact:
Sasha Tolkachova, PR Manager
sasha.tolkachova@nakivo.com
+1 416 845 3381

Source: Nakivo

 

 

General Tags: online file backup, online backup news, CEO interviews, online backup companies, online file storage, top rated online backups, online backup providers directory, compare online backups, cloud computing, data security, online backup, SaaS, online data backup, software as a service, online backup services, backing up online, online backup reviews, data storage

Like us on Facebook




===========================
Do you like this post? Subscribe to our RSS feed ===========================



Share/Save/Bookmark


Backup-Everything-UK-Cloud-Backup-Online-Backup-Remote-Backup

.

Keystone Data Recovery, the leading data recovery company has expanded their services to Philadelphia and have launched a new website for their Philadelphia branch operations

Philadelphia, PA - February 11, 2019 — /BackupReview.info/ — Keystone Data Recovery, the leading data recovery company has expanded their services to Philadelphia and have launched a new website for their Philadelphia branch operations. Their new office will help their company to serve clients in Philadelphia with their broad range of efficient data extraction services. Residents in the area looking to retrieve their lost data are advised to contact their technical team for help.

Keystone Data Recovery specializes in data retrieval and prides themselves in being able to retrieve any data for their clients unless their hard drive has been permanently destroyed. Their team of experts examine the condition and help to bring back all lost data, either for an individual, business, or organization.

To make it convenient for many residents in Philadelphia to opt for their data retrieval services, they have lowered their price while maintaining quality, offering high-end data recovery services to all of their clients at very affordable rates. Since they focus on delivering excellent services to their clients, their services have caught the attention of many individuals, leading to a sporadic growth in their new Philadelphia operation.

Their clients are known to return whenever they need further services. To exceed the expectations of clients and provide above average service, they assess the condition of their hard drive and determine the possible causes and all alternative plans of action to get back the lost data. This enables their technical team to adopt a solution plan that helps to retrieve their data as soon as possible.

They also endeavour to maintain the confidentiality of their client’s documents. “Maybe it is sensitive information that should not leak out to the other employees or the general public. We can be trusted when it comes to holding the data with high levels of confidentiality,” says Tina Falk, spokesperson for the Philadelphia branch of Keystone Data Recovery.

Here is a brief list of the services they offer to clients in Philadelphia: Hard Drive Recovery, External Drive Recovery, Hard Drive Failure, Forensic Data Recovery, Sensitive Data Scanning, Managed Online Data Backup, and Boot Volume Errors Solutions. Emergency services are also provided for all data recovery in Philadelphia PA.

Keystone Data Recovery is located at 223 N 34th St STE 1 Philadelphia, PA 19104. For inquiries, contact their team via phone at 267-713-3331 or via email at harddriverecoverypa@gmail.com. Visit their website for additional information regarding their services.

Media Contact:
Keystone Data Recovery
Tina Falk
Email: harddriverecoverypa@gmail.com
Phone: 267-713-3331
Website: www.harddriverecoverypa.com

Address:
Keystone Data Recovery
223 N 34th St STE 1
Philadelphia, PA
USA, 19104

Source: Keystone Data Recovery

 

 

General Tags: compare online backups, online backup, data security, online data backup, cloud computing, online backup reviews, CEO interviews, online backup news, backing up online, online backup services, online backup providers directory, software as a service, online file storage, SaaS, online file backup, top rated online backups, data storage, online backup companies

Like us on Facebook




===========================
Do you like this post? Subscribe to our RSS feed ===========================



Share/Save/Bookmark


Backup-Everything-UK-Cloud-Backup-Online-Backup-Remote-Backup

.

Combination of backup and recovery with cloud-based cybersecurity delivers a new approach to protecting endpoints

Complementary sales channels reach customers with a complete solution that’s powerful, yet simple

Transaction valued at $618.5 million; expected to be immediately accretive on an earnings and cash flow basis

BOSTON & BROOMFIELD, Colo. – February 7, 2019 — /BackupReview.info/ — Carbonite, Inc. (Nasdaq: CARB) (“Carbonite” or the “Company”), a leading cloud-based data protection provider, and Webroot Inc. (“Webroot”), a leading cybersecurity company, today announced that they have entered into a definitive agreement under which Carbonite will acquire Webroot for approximately $618.5 million in cash. Carbonite will fund the transaction with existing cash on hand and funds secured under a new credit facility. The combined business will address a top vulnerability of businesses – the endpoint – with a comprehensive approach to protection through cloud-based cybersecurity, paired with cloud-based backup and recovery. The transaction is expected to be immediately accretive on an earnings and cash flow basis, following the close of the transaction.

Founded in 1997, Webroot is a private company that secures endpoints and provides network protection, security awareness training and threat intelligence services. With its best-in-class technology, experienced team, and extensive go-to-market capabilities, including a powerful network of Managed Service Providers (“MSP”) and Remote Monitoring and Management (“RMM”) relationships, Webroot has established itself as a leader in the cybersecurity space. Webroot’s fiscal year 2018 revenue was approximately $215.0 million.

“The acquisition of Webroot dramatically accelerates our progress towards becoming the leading data protection company,” said Mohamad Ali, President and Chief Executive Officer of Carbonite. “With threats like ransomware evolving daily, our customers and partners are increasingly seeking a more comprehensive solution that is both powerful and easy to use. Backup and recovery, combined with endpoint security and threat intelligence, is a differentiated solution that provides one, comprehensive data protection platform.”

Ali continued, “The Webroot team has a passion for building technology to simplify the way customers protect their important data, and we are excited to welcome them.”

“Carbonite and Webroot have a common focus on making data protection and cybersecurity solutions accessible and easy to use, as well as a dedication to customer success, and we are thrilled to become part of their team,” said Mike Potts, Webroot CEO. “Together we can deliver tremendous value to our customers and partners.”

Compelling Strategic and Financial Benefits

  • Next-Generation Technology Platform: Combining Carbonite’s cloud-based data protection solutions and Webroot’s cloud-based machine learning technology will create a next-generation security platform to serve growing customer needs.
  • A Comprehensive Solution, Delivering Better Results: A common set of customers will benefit from an easy-to-use, cloud-based, integrated offering, which includes a unique ransomware prevention and recovery solution.
  • Consistent Routes to Market and Expansion of Addressable Market: Webroot and Carbonite share a go-to-market focus and a complementary ecosystem of channel partners. Webroot’s leading MSP partners and RMM relationships provide Carbonite with a new channel for increased scale and market expansion.
  • Immediately Accretive: Based on Webroot’s current operating plan and existing customer contracts, the transaction is expected to be immediately accretive on an earnings and cash flow basis following the close of the transaction.

Transaction Details
Carbonite will finance the acquisition with fully committed financing and existing cash on hand.

The transaction is expected to close in the first quarter of 2019, subject to the receipt of regulatory clearance and other customary closing conditions.

The transaction has been unanimously approved by the Boards of Directors of both companies and by the requisite percentage of stockholders of Webroot.

For further information on the transaction, please visit http://CarboniteWebroot.transactionannouncement.com

Advisors
RBC Capital Markets, LLC is serving as financial advisor to Carbonite, and Barclays is serving as financial advisor to Carbonite. Skadden, Arps, Slate, Meagher & Flom LLP is serving as Carbonite’s legal counsel. Barclays, Citizens Banks, and RBC Capital Markets, LLC have provided committed financing in support of the transaction and Simpson Thatcher & Bartlett LLP is serving as financing counsel. William Blair & Company, L.L.C. is serving as exclusive financial advisor to Webroot and Goodwin Procter LLP and Holland & Hart LLP are serving as legal counsel.

Conference Call and Webcast Details
Carbonite will host a live conference call on Thursday, February 7th at 5:30 p.m. ET to discuss the transaction and the Company’s financial results for the fourth quarter and full year 2018. 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 9768609.

About Carbonite
Carbonite provides a robust Data Protection Platform for businesses, including backup, disaster recovery, high availability and workload migration technology. The Carbonite Data Protection Platform supports global businesses with secure cloud infrastructure. To learn more visit www.Carbonite.com

About Webroot
Webroot harnesses the cloud and artificial intelligence to protect businesses and individuals against cyber threats. Webroot is a leading cybersecurity provider for managed service providers and small businesses, who rely on Webroot for endpoint protection, network protection, and security awareness training. Webroot BrightCloud® Threat Intelligence Services are used by market-leading companies like Cisco, F5 Networks, Citrix, Aruba, A10 Networks, and more. Leveraging the power of machine learning to protect millions of businesses and individuals, Webroot secures the connected world. Headquartered in Colorado, Webroot operates globally across North America, Europe, and Asia. Discover Smarter Cybersecurity® solutions at www.Webroot.com

Cautionary Language Concerning Forward-Looking Statements
Certain matters discussed in this press release, including under “Business Outlook,” have “forward-looking statements” intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements may generally be identified as such because the context of such statements will include words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would” or words of similar import. Similarly, statements that describe the Company’s future plans, objectives or goals are also forward-looking statements. Such forward-looking statements are subject to risks, uncertainties and other important factors that could cause actual results and the timing of certain events to differ materially from future results expressed or implied by such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, our ability to consummate the Webroot acquisition, integrate the Webroot acquisition and other acquisitions into our operations and achieve the expected operational and financial benefits of such acquisitions and the timing of such benefits, our ability to profitably attract new customers and retain existing customers, our dependence on the market for cloud backup services, our ability to manage growth, changes in economic or regulatory conditions or other trends affecting the Internet and the information technology industry, and those discussed in the section titled “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended December 31, 2017 filed with the Securities and Exchange Commission (the “SEC”), which is available on www.sec.gov, and elsewhere in any subsequent periodic or current reports filed by us with the SEC. Except as required by applicable law, we do not undertake any obligation to update our forward-looking statements to reflect future events, new information or circumstances.

Contacts
Carbonite
Investor Relations:
Jeremiah Sisitsky
781-928-0713
investor.relations@carbonite.com
or
Media:
Sarah King
617-421-5601
Media@Carbonite.com

MJ Baker, Weber Shandwick (for Carbonite)
617-520-7128
wswnacarbonite@webershandwick.com

Source: Carbonite, Inc. 

 

 

General Tags: CEO interviews, software as a service, online file storage, online backup reviews, online backup news, online file backup, data storage, data security, compare online backups, backing up online, SaaS, online data backup, cloud computing, online backup companies, online backup providers directory, online backup services, online backup, top rated online backups

Like us on Facebook




===========================
Do you like this post? Subscribe to our RSS feed ===========================



Share/Save/Bookmark


Backup-Everything-UK-Cloud-Backup-Online-Backup-Remote-Backup

.

BOSTON, MA – Feb. 7, 2019 — /BackupReview.info/ — Carbonite, Inc. (NASDAQ: CARB), a global leader in data protection, today announced financial results for the quarter and full year ended December 31, 2018. Carbonite also announced that Linda Connly, a sales and marketing veteran, has joined its Board of Directors.

Full Year 2018 Highlights:

  • Revenue of $296.4 million increased 24% year-over-year.
  • Non-GAAP revenue of $301.9 million increased 23% year-over-year.1
  • Net income was $7.6 million, compared to net loss of ($4.0) million in 2017.
  • Net income (loss) per share was $0.24 (basic) and $0.22 (diluted), as compared to ($0.14) in 2017 (basic and diluted).
  • Non-GAAP net income per share was $1.80 (basic) and $1.66 (diluted), as compared to $0.82 (basic) and $0.79 (diluted) in 2017.2
  • Adjusted EBITDA of $77.0 million, or 26% of non-GAAP revenue, compared to $38.9 million, or 16% of non-GAAP revenue in 2017.3

“We delivered on our strategic priorities in 2018,” said Mohamad Ali, CEO of Carbonite. “We significantly strengthened our product platform and introduced one of the most complete Software-as-a-Service data protection portfolios in the market; we did this while successfully continuing our acquisition integration work and driving meaningful improvements in profitability. In 2019 we plan to build upon these efforts, further expanding our data protection platform and delivering a broader set of solutions to our customers, while we invest aggressively in our distribution channels with a focus on driving continued growth and profitability.”

Recent Highlights:

  • In a separate announcement, Carbonite today announced that it has entered into a definitive agreement to acquire Webroot, Inc., a leading cybersecurity company, for approximately $618.5 million in cash. The Company will fund the transaction with existing cash on hand and funds secured under a new credit facility. Following closing, expected in the first quarter of 2019, the transaction is expected to be immediately accretive on an earnings and cash flow basis.
  • Linda Connly, a sales and marketing veteran with more than 25 years of experience, was appointed to the Carbonite Board of Directors as a Class II director.

The Company uses a variety of operational and financial metrics, including non-GAAP financial measures, to evaluate its performance and financial condition. The accompanying financial data includes additional information regarding these metrics and a reconciliation of non-GAAP financial information to GAAP. The presentation of non-GAAP financial information should not be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP.

Fourth Quarter 2018 Results:

  • Revenue for the fourth quarter was $77.0 million, an increase of 25% from $61.7 million in the fourth quarter of 2017. Non-GAAP revenue for the fourth quarter was $78.0 million, an increase of 24% from $62.8 million in the fourth quarter of 2017.1
  • Bookings for the fourth quarter were $78.8 million, an increase of 31% from $60.2 million in the fourth quarter of 2017.4
  • Net income for the fourth quarter was $0.7 million, compared to net loss of ($1.6) million in the fourth quarter of 2017. Non-GAAP net income for the fourth quarter was $16.2 million, compared to non-GAAP net income of $8.8 million in the fourth quarter of 2017.2
  • Net income per share for the fourth quarter was $0.02 (basic and diluted), compared to net loss per share of ($0.06) (basic and diluted) in the fourth quarter of 2017. Non-GAAP net income per share was $0.47 (basic) and $0.45 (diluted) for the fourth quarter, compared to non-GAAP net income per share of $0.31 (basic) and $0.30 (diluted) in the fourth quarter of 2017.2
  • Adjusted EBITDA for the fourth quarter was $20.8 million, compared to $13.0 million in the fourth quarter of 2017.3
  • Gross margin for the fourth quarter was 71.2%, compared to 72.8% in the fourth quarter of 2017. Non-GAAP gross margin was 77.9% in the fourth quarter, compared to 77.6% in the fourth quarter of 2017.5
  • Cash flow from operations for the fourth quarter was $19.8 million, compared to $13.9 million in the fourth quarter of 2017. Adjusted free cash flow for the fourth quarter was $17.1 million, compared to $9.7 million in the fourth quarter of 2017.6

Full Year 2018 Results:

  • Revenue for the full year was $296.4 million, an increase of 24% from $239.5 million in 2017. Non-GAAP revenue for the full year was $301.9 million, an increase of 23% from $246.1 million in 2017.1
  • Bookings for the full year were $307.0 million, an increase of 25% from $245.9 million in 2017.4
  • Net income for the full year was $7.6 million, compared to net loss of ($4.0) million in 2017. Non-GAAP net income for the full year was $55.9 million, compared to non-GAAP net income of $22.8 million in 2017.2
  • Net income per share for the full year was $0.24 (basic) and $0.22 (diluted), compared to net loss per share of ($0.14) (basic and diluted) in 2017. Non-GAAP net income per share was $1.80 (basic) and $1.66 (diluted) for the full year, compared to non-GAAP net income per share of $0.82 (basic) and $0.79 (diluted) in 2017.2
  • Adjusted EBITDA for the full year was $77.0 million, compared to $38.9 million in 2017.3
  • Gross margin for the full year was 71.2%, compared to 70.7% in 2017. Non-GAAP gross margin for the full year was 77.4%, compared to 75.5% in 2017.5
  • Cash flow from operations for the full year was $53.6 million, compared to $31.2 million in 2017. Adjusted free cash flow for the full year was $50.1 million, compared to $20.1 million in 2017.6
1 Non-GAAP revenue excludes the impact of purchase accounting adjustments for acquisitions.
2 Non-GAAP net income and non-GAAP net income per share excludes the impact of purchase accounting adjustments on acquired deferred revenue, amortization expense on intangible assets, stock-based compensation expense, litigation-related expense, restructuring-related expense, acquisition-related expense, intangible asset impairment charges, non-cash convertible debt interest expense and the income tax effect of non-GAAP adjustments.
3 Adjusted EBITDA is calculated by excluding the impact of interest expense, net, income taxes, depreciation, amortization, purchase accounting adjustments on acquired deferred revenue, stock-based compensation expense, litigation-related expense, restructuring-related expense, intangible asset impairment charges and acquisition-related expense from net income (loss).
4 Bookings represent the aggregate dollar value of customer subscriptions and software arrangements, which may include multiple revenue elements, such as software licenses, hardware, professional services and post-contractual support, received during a period and are calculated as revenue recognized during a particular period plus the change in total deferred revenue, excluding deferred revenue recorded in connection with acquisitions, divestitures and the adoption impact of Topic 606, net of foreign exchange and the change in unbilled revenue during the same period.
5 Non-GAAP gross margin excludes the impact of purchase accounting adjustments on acquired deferred revenue, amortization expense on intangible assets, stock-based compensation expense, acquisition-related expense, and intangible asset impairment charges.
6 Adjusted free cash flow is calculated by subtracting the cash paid for the purchase of property and equipment and adding the payments related to acquisitions, restructuring, and litigation to net cash provided by operating activities.

About Linda Connly
Ms. Connly has extensive experience leading go-to-market transformations within technology organizations. She currently serves as the interim Managing Director, Americas, at Rackspace, a managed cloud computing company, and is the Founder and CEO of The Connly Advisory Services, a consulting practice that provides go-to-market advisory services. Prior to these roles, she led the sales integration for Dell and EMC, the largest tech merger in history, and led EMC’s Global Inside Sales.

Linda Connly
Photo: Linda Connly

In addition to her corporate leadership experience, Ms. Connly has been awarded a number of industry accolades, including the Boston Chamber of Commerce PinnacleAward for “Achievement in Management,” and VAR Business Magazine’s “50 Most Powerful Women in Technology.”

Ms. Connly is an exceptional addition to our board and brings a powerful combination of sales, marketing, and technology experience to Carbonite,” said Mohamad Ali, President and CEO at Carbonite. “She has expertise in optimizing the go-to-market strategies for some of the most successful technology organizations today and she will play a key role in helping Carbonite execute on our long-term vision.”

Business Outlook
Based on the information available as of February 7, 2019, Carbonite expects the following for the first quarter and full year of 2019:

First Quarter 2019:

Current Guidance
(2/7/2019)
GAAP Revenue $76.5 – $77.5 million
Non-GAAP Revenue $77.0 – $78.0 million
Adjusted EBITDA $20.0 – $21.5 million

Full Year 2019:

Current Guidance
(2/7/2019)
GAAP Revenue $468 – $482 million
Non-GAAP Revenue $488 – $502 million
Non-GAAP Gross Margin 80.5% – 81.5%
Adjusted EBITDA $129 – $134 million

Carbonite’s expectations of adjusted EBITDA for the first quarter and full year of 2019 excludes the impact of interest expense, net, income taxes, depreciation, amortization, purchase accounting adjustments on acquired deferred revenue, stock-based compensation expense, litigation-related expense, restructuring-related expense and acquisition-related expense from net income (loss). The “Business Outlook” above assumes nine months of contribution from Webroot.

Conference Call and Webcast Information
Carbonite will host a conference call on Thursday, February 7, 2018 at 5:30 p.m. ET to review these results and discuss its agreement to acquire Webroot, announced separately today. 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 9768609.

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

Non-GAAP Financial Measures
To supplement our consolidated financial statements presented in accordance with GAAP, this press release contains non-GAAP financial measures, including bookings, non-GAAP revenue, non-GAAP business revenue, non-GAAP consumer revenue, non-GAAP gross margin, non-GAAP net income and non-GAAP net income per share, non-GAAP operating expense, adjusted EBITDA and adjusted free cash flow.

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 ordinary 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. The Company urges investors to review the reconciliation of its non-GAAP financial measures to the comparable GAAP financial measures provided in the tables at the end of this press release, and not to rely on any single financial measure to evaluate the Company’s business.

With respect to our expectations under “Business Outlook” above, the Company has not reconciled non-GAAP gross margin to gross margin or adjusted EBITDA to net income (loss) in this press release because we do not provide guidance for amortization expense on intangible assets, depreciation expense, stock-based compensation expense, litigation-related expense, income tax expense, restructuring-related expense, interest expense, and acquisition-related expense as we are unable to quantify certain of these amounts that would be required to be included in the GAAP measure without unreasonable efforts. In addition, the Company believes such reconciliations would imply a degree of precision that would be confusing or misleading to investors.

Cautionary Language Concerning Forward-Looking Statements
Certain matters discussed in this press release, including under “Business Outlook,” have “forward-looking statements” intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements may generally be identified as such because the context of such statements will include words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would” or words of similar import. Similarly, statements that describe the Company’s future plans, objectives or goals are also forward-looking statements. Such forward-looking statements are subject to risks, uncertainties and other important factors that could cause actual results and the timing of certain events to differ materially from future results expressed or implied by such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, our ability to consummate the Webroot acquisition, integrate the Webroot acquisition and other acquisitions into our operations and achieve the expected operational and financial benefits of such acquisitions and the timing of such benefits, our ability to profitably attract new customers and retain existing customers, our dependence on the market for cloud backup services, our ability to manage growth, changes in economic or regulatory conditions or other trends affecting the Internet and the information technology industry, and those discussed in the section titled “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended December 31, 2017 filed with the Securities and Exchange Commission (the “SEC”), which is available on www.sec.gov, and elsewhere in any subsequent periodic or current reports filed by us with the SEC. Except as required by applicable law, we do not undertake any obligation to update our forward-looking statements to reflect future events, new information or circumstances.

About Carbonite
Carbonite provides a robust Data Protection Platform for businesses, including backup, disaster recovery, high availability and workload migration technology. The Carbonite Data Protection Platform supports global businesses with secure cloud infrastructure. To learn more visit www.Carbonite.com.

Carbonite, Inc.
Consolidated Statement of Operations (unaudited)
(In thousands, except share and per share amounts)
Three Months Ended
December 31,
Twelve Months Ended
December 31,
2018 2017 2018 2017
Revenue:
Services $ 69,406 $ 53,272 $ 263,084 $ 207,403
Product 7,560 8,420 33,324 32,059
Total revenue 76,966 61,692 296,408 239,462
Cost of revenue:
Services 17,242 14,036 68,024 59,212
Product 382 549 1,730 2,676
Amortization of intangible assets 4,562 2,226 15,629 8,179
Total cost of revenue 22,186 16,811 85,383 70,067
Gross profit 54,780 44,881 211,025 169,395
Operating expenses:
Research and development 14,315 12,125 57,467 46,160
General and administrative 11,468 9,463 50,547 42,862
Sales and marketing 22,507 21,134 85,637 89,299
Amortization of intangible assets 3,922 557 12,437 2,092
Restructuring charges 10 1,047 1,270 1,047
Total operating expenses 52,222 44,326 207,358 181,460
Income (loss) from operations 2,558 555 3,667 (12,065 )
Interest expense (2,662 ) (2,436 ) (11,556 ) (7,447 )
Interest income 1,074 217 1,877 581
Other income (expense), net 179 123 227 1,252
Income (loss) before income taxes 1,149 (1,541 ) (5,785 ) (17,679 )
Provision (benefit) for income taxes 430 73 (13,347 ) (13,677 )
Net income (loss) $ 719 $ (1,614 ) $ 7,562 $ (4,002 )
Net income (loss) per share:
Basic $ 0.02 $ (0.06 ) $ 0.24 $ (0.14 )
Diluted $ 0.02 $ (0.06 ) $ 0.22 $ (0.14 )
Weighted-average shares outstanding:
Basic 34,213,859 27,971,459 31,036,237 27,779,098
Diluted 36,374,151 27,971,459 33,672,686 27,779,098
Carbonite, Inc.
Consolidated Balance Sheets (unaudited)
(In thousands)
December 31,
2018
December 31,
2017
Assets
Current assets
Cash and cash equivalents $ 198,087 $ 128,231
Trade accounts receivable, net 31,569 22,219
Prepaid expenses and other current assets 10,409 6,823
Total current assets 240,065 157,273
Property and equipment, net 34,101 28,790
Other assets 13,876 804
Acquired intangible assets, net 117,963 44,994
Goodwill 155,086 80,958
Total assets $ 561,091 $ 312,819
Liabilities and Stockholders’ Equity
Current liabilities
Accounts payable $ 2,114 $ 10,842
Accrued compensation 11,620 9,892
Accrued expenses and other current liabilities 15,844 11,783
Current portion of deferred revenue 121,553 100,241
Total current liabilities 151,131 132,758
Long-term debt 118,305 111,819
Deferred revenue, net of current portion 29,151 24,273
Other long-term liabilities 5,294 5,704
Total liabilities 303,881 274,554
Stockholders’ equity
Common stock 366 301
Additional paid-in capital 451,618 233,343
Treasury stock, at cost (48,522 ) (26,616 )
Accumulated deficit (147,902 ) (169,344 )
Accumulated other comprehensive income 1,650 581
Total stockholders’ equity 257,210 38,265
Total liabilities and stockholders’ equity $ 561,091 $ 312,819
Carbonite, Inc.
Consolidated Statement of Cash Flows (unaudited)
(In thousands)
Twelve Months Ended
December 31,
2018 2017
Operating activities
Net income (loss) $ 7,562 $ (4,002 )
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization 41,786 21,731
Amortization of deferred costs 2,166
Gain on disposal of equipment (191 ) (907 )
Intangible asset impairment charges 352
Impairment of capitalized software 653 1,048
Stock-based compensation expense 17,607 12,742
Benefit for deferred income taxes (16,625 ) (15,392 )
Non-cash interest expense related to amortization of debt discount 6,340 4,434
Other non-cash items, net (139 ) (533 )
Changes in assets and liabilities, net of acquisition:
Accounts receivable (5,996 ) 1,786
Prepaid expenses and other current assets (3,718 ) 254
Other assets (5,241 ) (580 )
Accounts payable (7,359 ) 5,035
Accrued expenses and other current liabilities 5,636 (995 )
Other long-term liabilities (236 ) 53
Deferred revenue 11,345 6,169
Net cash provided by operating activities 53,590 31,195
Investing activities
Purchases of property and equipment (13,132 ) (17,351 )
Proceeds from sale of property and equipment and businesses 860 1,250
Proceeds from maturities of derivatives 4,017 534
Purchases of derivatives (1,428 ) (5,040 )
Payment for intangibles (5,750 ) (1,250 )
Payment for acquisition, net of cash acquired (144,597 ) (69,798 )
Net cash used in investing activities (160,030 ) (91,655 )
Financing activities
Proceeds from exercise of stock options 1,260 4,987
Proceeds from issuance of common stock for secondary offering 199,279
Proceeds from issuance of treasury stock under employee stock purchase plan 2,586 1,052
Payments of withholding taxes in connection with restricted stock unit vesting (2,862 ) (2,050 )
Proceeds from long-term borrowings, net of debt issuance costs 88,068 177,797
Payments on long-term borrowings (90,000 ) (39,200 )
Repurchase of common stock (21,501 ) (14,964 )
Net cash provided by financing activities 176,830 127,622
Effect of currency exchange rate changes on cash (534 ) 1,782
Net increase in cash, cash equivalents and restricted cash 69,856 68,944
Cash, cash equivalents and restricted cash, beginning of period 128,231 59,287
Cash, cash equivalents and restricted cash, end of period $ 198,087 $ 128,231
Carbonite, Inc.
Reconciliation of GAAP to Non-GAAP Measures (unaudited)
(In thousands, except share and per share amounts)
Reconciliation of GAAP Revenue to Non-GAAP Revenue
Three Months Ended
December 31,
Twelve Months Ended
December 31,
2018 2017 2018 2017
GAAP revenue $ 76,966 $ 61,692 $ 296,408 $ 239,462
Add:
Fair value adjustment of acquired deferred revenue 1,066 1,130 5,491 6,628
Non-GAAP revenue $ 78,032 $ 62,822 $ 301,899 $ 246,090
Reconciliation of GAAP Gross Margin to Non-GAAP Gross Margin
Three Months Ended
December 31,
Twelve Months Ended
December 31,
2018 2017 2018 2017
Gross profit $ 54,780 $ 44,881 $ 211,025 $ 169,395
Gross margin 71.2 % 72.8 % 71.2 % 70.7 %
Add:
Fair value adjustment of acquired deferred revenue 1,066 1,130 5,491 6,628
Amortization of intangibles 4,562 2,226 15,629 8,179
Stock-based compensation expense 391 274 1,545 1,061
Acquisition-related expense 12 92 73 401
Intangible asset impairment charges 127 127
Non-GAAP gross profit $ 60,811 $ 48,730 $ 233,763 $ 185,791
Non-GAAP gross margin 77.9 % 77.6 % 77.4 % 75.5 %
Reconciliation of GAAP Net Income (Loss) and Net Income (Loss) per Share to Non-GAAP Net Income and Net Income per Share
Three Months Ended
December 31,
Twelve Months Ended,
December 31
2018 2017 2018 2017
GAAP net income (loss) $ 719 $ (1,614 ) $ 7,562 $ (4,002 )
Add:
Fair value adjustment of acquired deferred revenue 1,066 1,130 5,491 6,628
Amortization of intangibles 8,484 2,783 28,066 10,271
Stock-based compensation expense 4,146 3,523 17,607 12,742
Litigation-related expense 7 181 92 374
Restructuring-related expense 10 1,047 1,270 1,047
Acquisition-related expense 698 430 6,894 6,794
Intangible asset impairment charges 352 352
Non-cash convertible debt interest expense 1,628 1,491 6,340 4,434
Less:
Income tax effect of non-GAAP adjustments 514 566 17,458 15,807
Non-GAAP net income $ 16,244 $ 8,757 $ 55,864 $ 22,833
GAAP net income (loss) per share:
Basic $ 0.02 $ (0.06 ) $ 0.24 $ (0.14 )
Diluted $ 0.02 $ (0.06 ) $ 0.22 $ (0.14 )
Non-GAAP net income per share:
Basic $ 0.47 $ 0.31 $ 1.80 $ 0.82
Diluted $ 0.45 $ 0.30 $ 1.66 $ 0.79
GAAP weighted-average shares outstanding:
Basic 34,213,859 27,971,459 31,036,237 27,779,098
Diluted 36,374,151 27,971,459 33,672,686 27,779,098
Non-GAAP weighted-average shares outstanding:
Basic 34,213,859 27,971,459 31,036,237 27,779,098
Diluted 36,374,151 29,322,013 33,672,686 29,079,105
Reconciliation of GAAP Operating Expense to Non-GAAP Operating Expense
Three Months Ended
December 31,
Twelve Months Ended
December 31,
2018 2017 2018 2017
Research and development $ 14,315 $ 12,125 $ 57,467 $ 46,160
Less:
Stock-based compensation expense 536 665 3,292 1,969
Acquisition-related expense 9 77 49 1,249
Non-GAAP research and development $ 13,770 $ 11,383 $ 54,126 $ 42,942
General and administrative $ 11,468 $ 9,463 $ 50,547 $ 42,862
Less:
Stock-based compensation expense 2,423 2,027 9,697 7,827
Litigation-related expense 7 181 92 374
Acquisition-related expense 666 145 6,685 4,448
Non-GAAP general and administrative $ 8,372 $ 7,110 $ 34,073 $ 30,213
Sales and marketing $ 22,507 $ 21,134 $ 85,637 $ 89,299
Less:
Stock-based compensation expense 796 557 3,073 1,885
Acquisition-related expense 11 116 87 696
Intangible asset impairment charges 225 225
Non-GAAP sales and marketing $ 21,700 $ 20,236 $ 82,477 $ 86,493
Amortization of intangible assets $ 3,922 $ 557 $ 12,437 $ 2,092
Less:
Amortization of intangible assets 3,922 557 12,437 2,092
Non-GAAP amortization of intangible assets $ $ $ $
Restructuring charges $ 10 $ 1,047 $ 1,270 $ 1,047
Less:
Restructuring-related expense 10 1,047 1,270 1,047
Non-GAAP restructuring charges $ $ $ $
Reconciliation of Revenue to Bookings
Three Months Ended
December 31,
Twelve Months Ended
December 31,
2018 2017 2018 2017
GAAP revenue $ 76,966 $ 61,692 $ 296,408 $ 239,462
Add:
Change in deferred revenue 1,390 (1,191 ) 26,190 16,923
Deferred revenue divested 288 373
Impact of Topic 606 adoption 3,998
Impact of foreign exchange 248 272
Less:
Impact of foreign exchange 324 1,474
Beginning deferred revenue from acquisitions 19,740 9,420
Change in unbilled revenue (267 ) 376
Change in deferred revenue and adjustments 1,905 (1,515 ) 10,632 6,402
Bookings $ 78,871 $ 60,177 $ 307,040 $ 245,864
Calculation of Adjusted Free Cash Flow
Three Months Ended
December 31,
Twelve Months Ended
December 31,
2018 2017 2018 2017
Net cash provided by operating activities $ 19,776 $ 13,864 $ 53,590 $ 31,195
Subtract:
Purchases of property and equipment 3,205 5,407 13,132 17,351
Free cash flow 16,571 8,457 40,458 13,844
Add:
Acquisition-related payments 219 864 7,438 5,707
Restructuring-related payments 341 359 1,927 359
Litigation-related payments 7 51 282 188
Adjusted free cash flow $ 17,138 $ 9,731 $ 50,105 $ 20,098
Reconciliation of EBITDA and Adjusted EBITDA to Net Income (Loss)
Three Months Ended
December 31,
Twelve Months Ended
December 31,
2018 2017 2018 2017
Net income (loss) $ 719 $ (1,614 ) $ 7,562 $ (4,002 )
Adjustments:
Interest expense, net 1,588 2,219 9,679 6,866
Income tax provision (benefit) 430 73 (13,347 ) (13,677 )
Depreciation and amortization 12,164 5,692 41,786 21,731
EBITDA 14,901 6,370 45,680 10,918
Adjustments to EBITDA:
Fair value adjustment of acquired deferred revenue 1,066 1,130 5,491 6,628
Stock-based compensation expense 4,146 3,523 17,607 12,742
Litigation-related expense 7 181 92 374
Restructuring-related expense 10 1,047 1,270 1,047
Intangible asset impairment charges 352 352
Acquisition-related expense 698 430 6,894 6,794
Adjusted EBITDA $ 20,828 $ 13,033 $ 77,034 $ 38,855

Investor Relations Contact:
Jeremiah Sisitsky
Carbonite
781-928-0713
investor.relations@carbonite.com

Media Contact:
Sarah King
Carbonite
617-421-5601
media@carbonite.com

Source: Carbonite, Inc.

 

 

General Tags: data security, online backup reviews, online backup companies, online backup providers directory, backing up online, software as a service, online backup news, compare online backups, top rated online backups, online file storage, CEO interviews, data storage, online data backup, online backup, SaaS, cloud computing, online file backup, online backup services

Like us on Facebook




===========================
Do you like this post? Subscribe to our RSS feed ===========================



Share/Save/Bookmark


Backup-Everything-UK-Cloud-Backup-Online-Backup-Remote-Backup

.

LONDON, UK – 7th February, 2019 - — /BackupReview.info/ –iland, an award-winning global cloud service provider, today announced that it has won the ‘Best Cloud Hosting Provider’ category of the Cloud Awards Program2019.

The Cloud Awards Program celebrates the brightest and the best in Cloud Computing. Open to organisations across the globe, the Cloud Awards is the first and largest recognition platform of its kind. The awards recognise the best in the industry as chosen by a panel of expert judges. The winners were revealed on 5th February 2019.

The Best Cloud Hosting category recognises Cloud providers able to demonstrate the best strategic approach to scalability and security.

Businesses today are acutely aware of their obligations around data protection, availability and business continuity. iland’s secure cloud allows them to maintain air-gapped protection and adhere to the best-practice 3-2-1 rule of data availability. Businesses also need to ensure that they are getting the best value from their cloud investment while they continue to transform their enterprises in the digital era. This is where ease of management and complete visibility will be important decision factors as businesses aim to ease the burden on stretched IT departments.

With over 20 years hosting the workloads of global customers, iland brings a strong culture of customer service, technical expertise, and a complete range of hosted cloud solutions including the following:

  • iland Secure Cloud – Scalable enterprise-class Infrastructure-as-a-Service supporting the most stringent security and compliance needs
  • iland Secure DRaaS – Protection for on-premise workloads, virtual and physical, as well as systems running in the cloud
  • iland Secure Private Cloud – Dedicated resources with the same exceptional management and functionality of iland’s public cloud
  • iland Secure Cloud Backup – Back up on-premise VMware and Hyper-V environments to a global iland cloud location

Dante Orsini, Senior Vice President, Business Development at iland commented: “With the rapid increase in cloud adoption across the world, iland is proud to be helping businesses realise incredible value from cloud infrastructure services and protect their IT systems cost-effectively with our cloud-based backup and DR solutions. Thank you to the Cloud Awards Program for this recognition and to our partners and customers for their ongoing support.”

Recognised as Veeam Impact Cloud and Service Provider Partner of the Year for North America in 2015 and 2017, as well as being accredited as a Veeam Innovation Award Winner in 2018, the award not only further validates iland’s industry leading cloud-based services but also solidifies the organisation’s offering towards digital transformation empowerment for business leaders.

About iland
iland is a global cloud service provider of secure and compliant hosting for infrastructure (IaaS), disaster recovery (DRaaS), and backup as a service (BaaS). They are recognised by industry analysts as a leader in disaster recovery. The award-winning iland Secure Cloud Console natively combines deep layered security, predictive analytics, and compliance to deliver unmatched visibility and ease of management for all of iland’s cloud services. Headquartered in Houston, Texas, London, UK, and Sydney, Australia, iland delivers cloud services throughout America, Europe, Australia and Asia. Learn more at www.iland.com

About the Cloud Awards
The Cloud Awards is an international program which has been recognising and honouring industry leaders, innovators and organisational transformation in cloud computing. The awards are open to large, small, established and start-up organisations from across the entire globe, with an aim to find and celebrate the pioneers who will shape the future of the cloud as we move into 2019 and beyond. Categories include Most Promising Start-Up, Best SaaS, and “Best in Mobile” Cloud Solution. Finalists were selected by a judging panel of international industry experts. For more information about the Cloud Awards please visit http://www.cloud-awards.com/

iland Press Contact:
Michael Bartley
C8 Consulting
michael@c8consulting.co.uk
0118 949 7750

Source: iland

 

 

General Tags: top rated online backups, CEO interviews, online file storage, online data backup, online backup companies, online backup, online backup providers directory, online backup news, software as a service, compare online backups, data security, SaaS, data storage, backing up online, cloud computing, online backup reviews, online backup services, online file backup

Like us on Facebook




===========================
Do you like this post? Subscribe to our RSS feed ===========================



Share/Save/Bookmark


Backup-Everything-UK-Cloud-Backup-Online-Backup-Remote-Backup

.

Data Domain and Integrated Data Protection Appliance deliver simply powerful data protection at a lower cost to protect

STORY HIGHLIGHTS

  • Dell EMC continues to innovate and improve its best-in-class data protection appliances: Data Domain and Integrated Data Protection Appliance
  • Supports more public cloud providers for Cloud Tier, Cloud Disaster Recovery and Data Domain Virtual Edition
  • Enables up to two-and-a-half times faster restores1 and up to four times faster recalls from the cloud2 with enhanced performance
  • Delivers more flexibility for enterprise-level data protection for mid-sized organizations and remote offices

HOPKINTON, MASS. – FEB. 05, 2019 — /BackupReview.info/ — Dell EMC announces new and enhanced capabilities to the Dell EMC Data Domain and Integrated Data Protection Appliance (IDPA) portfolio of backup storage appliances designed to offer organizations real-world flexibility and value with expanded multi-cloud capabilities and improved performance. The enhancements also provide mid-sized organizations and remote offices of larger organizations with more choice and options in obtaining enterprise-level data protection.

According to IDC, 92 percent of organizations have adopted a cloud environment with 64 percent adopting a multi-cloud approach.3 With a mix of different clouds, protecting data across workloads while meeting compliance and security requirements is a critical challenge for many organizations. In fact, according to a study conducted by IDC for Dell EMC, cross-cloud support was the highest recognized data protection deficiency for IT transformation.4 Dell EMC recognizes this challenge and continues to enhance its data protection appliances to help customers mitigate risk and protect their most valuable asset – their data – in multi-cloud environments.

Multi-cloud capabilities
Data Domain OS 6.2 and IDPA 2.3 software now provide customers with even more choice to extend their data protection to public clouds with expanded Cloud Tier support to Google Cloud Platform and Alibaba Cloud, thereby, enabling more flexibility for long-term retention. This is in addition to support already offered across AWS, Microsoft Azure, Dell EMC Elastic Cloud Storage, Virtustream, Ceph, IBM Cloud Open Storage, AWS Infrequent Access, Azure Cool Blob storage and Azure Government Cloud. Also, a new Free-space Estimator Tool for Cloud Tier helps enable more efficient capacity management to help reduce on-premises and cloud storage costs.

Dell EMC also expanded its ecosystem of supported public cloud providers for Data Domain Virtual Edition (DD VE), which provides software defined data protection on-premises and in public clouds, to AWS GovCloud, Azure Government Cloud and Google Cloud Platform. This adds to the already supported platforms AWS S3 and Azure Hot Blob. The expanded cloud ecosystem combined with the previously announced increased capacity for DD VE – up to 96TB per instance – ensures customers will receive the same level of protection within their growing cloud environments as they receive from their on-premises Dell EMC appliances.

Additionally, Native Cloud Disaster Recovery is now available across the entire IDPA family, enabling customers to cost-effectively failover to a cloud environment with end-to-end orchestration. Customers no longer have to bear the expense and management of setting up and maintaining a secondary site for disaster recovery and can failover to public clouds with ease in case of a disaster event and failback when the issues are resolved. With this expansion, all Data Domain and IDPA models support AWS, including VMware Cloud on AWS, and Microsoft Azure for Cloud Disaster Recovery.

Organizations will also find peace of mind in that all Dell EMC data protection appliances provide modern, simple-to-manage user interfaces. Also, administrators can easily manage multiple Data Domain and DD VE appliances – on-premises or in public clouds – from a single user interface with the Data Domain Management Center.

Enhanced performance
Updates to the IDPA family now provide more performance for Instant Access and Restore with an enhanced data cache that results in up to four times more inputs/outputs per second (IOPS), providing up to 40,000 IOPS with as little as 20 milliseconds latency.5

Also, Data Domain appliances provide faster restores from an on-premises appliance and faster recalls from public clouds. Given these enhancements, organizations can now restore their data up to two-and-a-half times faster from a Data Domain appliance1 and recall their data up to four times faster from the cloud2 to a Data Domain appliance, allowing them to meet more stringent SLAs.

More options for mid-sized organizations
Choice and scalability are critical for smaller, mid-sized organizations that require enterprise-level, cloud-enabled data protection. In addition to cloud and performance updates, Data Domain DD3300 – a 2U appliance specifically designed for mid-sized organizations and larger enterprises with remote offices – has new hardware enhancements. DD3300 now offers an additional 8TB capacity model that can scale and grow-in-place to 32TB. Also, DD3300 now comes with faster networking capabilities with support for 10GbE and expanded backup options for virtual tape libraries (VTL) over Fiber Channel. These options provide mid-sized organizations with a cloud-enabled data protection solution that can grow as their needs change.

Supporting Quotes:
“As the industry leader in data protection appliances6, Dell EMC is committed to delivering continued innovation in our data protection portfolio that supports and improves customers’ adoption of multi-cloud environments,” said Beth Phalen, president, Data Protection, Dell EMC. “Our appliances are powerful, simple to manage and make it easy to expand to public clouds with native cloud capabilities.”

“Our long-standing relationship with Dell EMC has resulted in numerous successes for our business. We’re experiencing cost savings, greater efficiency and faster backup and recovery times with Dell EMC Data Domain and IDPA,” said John McFall, Senior Vice President, Enterprise Technology Group, Security Service Federal Credit Union. “These results combined with the fact that our data is safe and secure allows me to sleep well at night.”

“Data protection efforts are a foundational part of the digital transformation efforts many organizations will embark on by 2020,” said Phil Goodwin, Research Director, IDC. “Purpose-built backup appliances, like Dell EMC Data Domain and Integrated Data Protection Appliance, have become a cornerstone of data availability improvement efforts. They provide faster, more reliable backup with fewer job failures than other data protection options and, more importantly, support faster data restoration in the event of a loss which directly impacts an organization’s bottom line.”

Availability:
Dell EMC Data Domain Operating System 6.2, Dell EMC IDPA 2.3 and enhancements to Data Domain DD3300 are available immediately through Dell EMC and its authorized channel partners.

Additional Resources:

  • Learn more about Dell EMC Data Protection in cloud environments
  • Learn more about Dell EMC Data Domain and IDPA
  • Read the latest blog about why customers choose Dell EMC Data Protection
  • Connect with Dell EMC via Twitter, Facebook, YouTube, LinkedIn and ECN.

About Dell EMC
Dell EMC, a part of Dell Technologies, enables organizations to modernize, automate and transform their data center using industry-leading converged infrastructure, servers, storage and data protection technologies. This provides a trusted foundation for businesses to transform IT, through the creation of a hybrid cloud, and transform their business through the creation of cloud-native applications and big data solutions. Dell EMC services customers across 180 countries – including 99 percent of the Fortune 500 – with the industry’s most comprehensive and innovative portfolio from edge to core to cloud.


Copyright © 2018 Dell Inc. or its subsidiaries. All Rights Reserved. Dell, EMC and other trademarks are trademarks of Dell Inc. or its subsidiaries. Other trademarks may be trademarks of their respective owners.

1 Based on Dell EMC internal analysis, January 2019, comparing DD OS 6.2 vs. DD OS 6.1.2 running on the Dell EMC DD9300 with DD Boost protocol
2 Based on Dell EMC internal analysis, January 2019, comparing DD OS 6.2 vs. DD OS 6.1.2 running on the Dell EMC DD9300 in an AWS environment
3 IDC presentation, IDC at VMworld 2018: Next Steps in IT Transformation, August 2018
4 IDC White Paper, sponsored by Dell EMC: The Business Value of Data Protection in IT Transformation, September 2018
5 Based on Dell EMC internal testing, Aug 2018 DD9800 with DD OS 6.1.2
6 Based on combined revenue from the IDC 3Q18 Purpose Built Backup Appliance (PBBA) Tracker, with select Storage Software market segments from the 3Q18 Storage Software and Cloud Service Qview


PRESS CONTACTS
Media.Relations@Dell.com

Source: Dell EMC

 

 

General Tags: online backup companies, online backup services, top rated online backups, backing up online, online backup reviews, online backup news, data storage, cloud computing, online data backup, data security, online file storage, online backup providers directory, SaaS, online backup, software as a service, CEO interviews, compare online backups, online file backup

Like us on Facebook




===========================
Do you like this post? Subscribe to our RSS feed ===========================



Share/Save/Bookmark


Backup-Everything-UK-Cloud-Backup-Online-Backup-Remote-Backup

.

DENVER, CO – Feb 04, 2019 — /BackupReview.info/ — Axcient, a leader in business continuity and cloud migration solutions for Managed Service Providers (MSPs), announced that CRN®, a brand of The Channel Company, has named the company to its 100 Coolest Cloud Computing Companies of 2019 list. This annual list recognizes the most advanced cloud technology suppliers in each of five categories: infrastructure, platforms and development, security, storage and software.

“As the most trusted cloud in the industry, Axcient is innovating and supporting MSPs through their cloud journey with our Business Availability suite,” said Jeff Cummings, Chief Revenue Officer at Axcient. “This award credits our amazing team and the experience we provide our partners. We are honored by this prestigious recognition, and thank CRN for identifying companies like Axcient that are dedicated to moving MSPs’ businesses forward.”

The 100 Coolest Cloud Computing Companies are selected by the CRN editorial team for their creativity and innovation in product development, the quality of their services and partner programs, and their demonstrated ability to help customers benefit from the ease of use, flexibility, scalability and budgetary savings that cloud computing offers.

In addition to recognizing cloud technology suppliers for outstanding products and services, the 100 Coolest Cloud Computing Companies list is the ultimate guide for solution providers to find key players driving all facets of cloud technology. The list aids in identifying the companies that can best help them improve or expand their cloud services.

“Cloud services are a vital part of the IT channel and have solution providers clamoring for companies who will help them grow and evolve their cloud business,” said Bob Skelley, CEO, The Channel Company. “CRN’s annual list of 100 Coolest Cloud Computing Companies supports channel partners by identifying top companies who can deliver a wide-range of innovative cloud-based technologies and services. We congratulate all the companies on our 2019 list for establishing themselves as leaders in this crucial technology area.”

The new 100 Coolest Cloud Computing Companies list will be featured in the February 2019 issue of CRN and online at http://www.crn.com/cloud100

To learn more about Axcient, please visit http://www.axcient.com

About Axcient
Axcient is an award-winning leader in business continuity and cloud migration solutions for Managed Service Providers (MSPs). The Axcient Business Availability suite—which includes Replibit, BRC, CloudFinder, Anchor, Fusion, and the Axcient Cloud—enables MSPs to build secure technology stacks for their customers. Trusted by MSPs worldwide, Axcient protects businesses data and continuity in the event of security breaches, human error, and natural disasters. For more information, visit Axcient at http://www.axcient.com

Follow Axcient on LinkedIn, Facebook and Twitter.

About The Channel Company
The Channel Company enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers and end users. Backed by more than 30 years of unequalled channel experience, we draw from our deep knowledge to envision innovative new solutions for ever-evolving challenges in the technology marketplace. Learn more at http://www.thechannelco.com

Media Contact
Amanda Lee
ARL Strategic Communications for Axcient
(727) 272-0781
Amanda.Lee@arlpr.com

Source: Axcient

 

 

General Tags: online backup companies, cloud computing, online backup providers directory, online file backup, compare online backups, top rated online backups, data security, data storage, backing up online, CEO interviews, online backup reviews, software as a service, online file storage, online backup news, online backup services, online backup, SaaS, online data backup

Like us on Facebook




===========================
Do you like this post? Subscribe to our RSS feed ===========================



Share/Save/Bookmark


Backup-Everything-UK-Cloud-Backup-Online-Backup-Remote-Backup

.

Session Details the Cost Savings, Performance and Efficiency Gains Realized Through Consolidating Healthcare Infrastructure With Cohesity

ORLANDO, FL – Feb. 07, 2019 — /BackupReview.info/ — HIMSS19 Conference–Cohesity, the leader of hyperconverged secondary storage, today announced it will co-host a presentation with Community Hospital entitled “Community Hospital and Its Journey to Modern Data Protection” at the HIMSS19 Global Conference and Exhibition taking place in Orlando, February 11 through 15. Held at the Cohesity booth #4779, the presentation will highlight the cost savings, and performance and efficiency gains, the hospital achieved with Cohesity. Throughout the conference, Cohesity will also lead various sessions at its booth on protecting healthcare data and files using the company’s unified, modern, scalable solution.

In the joint presentation, Derek Sailors, director of information systems at Community Hospital in McCook, Nebraska, and Theresa Miller, principal technologist at Cohesity, will discuss how the hospital deployed Cohesity to achieve several important benefits. Specifically, the simple, web-scale platform from Cohesity enabled a 40 percent savings in backup costs, a six-hour reduction in recovery time objective (RTO) with reliable recovery and restore, and a path for future growth with its scalable solution.

WHAT:
“Community Hospital and Its Journey to Modern Data Protection”

WHO:
Derek Sailors, director of information systems, Community Hospital
Theresa Miller, principal technologist, Cohesity

WHEN:
Tuesday, February 12, at 11:30 a.m. and Thursday, February 14, at 11:30 a.m.

WHERE:
Cohesity Booth #4779
HIMSS19 Global Conference and Exhibition
Orange County Convention Center
Orlando, Florida

Visitors to the Cohesity booth will also have the opportunity to learn more about the Cohesity solution in other presentations held throughout the five-day event.

About Cohesity
Cohesity makes your data work for you by consolidating secondary storage silos onto a hyperconverged, web-scale data platform that spans both private and public clouds. Enterprise customers begin by radically streamlining their backup and data protection, then converge file and object services, test/dev instances, and analytic functions to provide a global data store. Cohesity counts many Global 1000 companies and federal agencies among its rapidly growing customer base and was named to Forbes’ “Next Billion-Dollar Startups 2017,” LinkedIn’s “Startups: The 50 Industry Disruptors You Need to Know Now,” and CRN’s “2017 Emerging Vendors in Storage” lists. For more information, visit our website www.cohesity.com and blog https://cohesity.com/blog/, follow us on Twitter https://twitter.com/cohesity and LinkedIn https://www.linkedin.com/company/3750699/ and like us on Facebook https://www.facebook.com/cohesity/

Contacts
Media
Jenni Adair
Director of Corporate Communications
jenni@cohesity.com
650-400-1871

BOCA Communications for Cohesity
cohesity@bocacommunications.com

Source: Cohesity

 

 

General Tags: software as a service, SaaS, data storage, online backup news, online backup reviews, online data backup, online file storage, online backup companies, data security, online file backup, top rated online backups, backing up online, cloud computing, online backup providers directory, compare online backups, online backup services, online backup, CEO interviews

Like us on Facebook




===========================
Do you like this post? Subscribe to our RSS feed ===========================



Share/Save/Bookmark


Backup-Everything-UK-Cloud-Backup-Online-Backup-Remote-Backup

.

Latest Award Showcases HYCU Innovation for Multi-cloud Backup and Recovery

BOSTON, MA – February 7, 2019 – /BackupReview.info/ — HYCU, Inc., a pioneering enterprise software company specializing in data backup, recovery and monitoring for next-generation Enterprise Clouds, today announced that CRN®, a brand of The Channel Company, has named HYCU to its 100 Coolest Cloud Computing Companies of 2019 list. This annual list recognizes the most advanced cloud technology suppliers in each of five categories: infrastructure, platforms and development, security, storage and software.

The 100 Coolest Cloud Computing Companies are selected by the CRN editorial team for their creativity and innovation in product development, the quality of their services and partner programs, and their demonstrated ability to help customers benefit from the ease of use, flexibility, scalability and budgetary savings that cloud computing offers.

In addition to recognizing cloud technology suppliers for outstanding products and services, the 100 Coolest Cloud Computing Companies list is the ultimate guide for solution providers to find key players driving all facets of cloud technology. The list aids in identifying the companies that can best help them improve or expand their cloud services.

HYCU, Inc. has been laser-focused on developing backup and recovery solutions that are purpose-built and cloud-native for the industry’s most innovative cloud-focused companies. From introducing the industry’s first purpose-built backup and recovery solution for Nutanix Enterprise Cloud users to the recent successful introduction of HYCU backup and recovery as a service for Google Cloud Platform, HYCU continues to innovate with software solutions that address the need to manage enormous amounts of data with elegance and simplicity.

“Cloud services are a vital part of the IT channel and have solution providers clamoring for companies who will help them grow and evolve their cloud business,” said Bob Skelley, CEO, The Channel Company. “CRN’s annual list of 100 Coolest Cloud Computing Companies supports channel partners by identifying top companies who can deliver a wide-range of innovative cloud-based technologies and services. We congratulate all the companies on our 2019 list for establishing themselves as leaders in this crucial technology area.”

“We are thrilled at being named one of the Coolest of the Cool by CRN. From our perspective, this is another acknowledgment on our vision of how we deliver innovative solutions that make backup better in the cloud,” said Simon Taylor, CEO, HYCU, Inc. “We’ve learned that purpose-built backup and recovery services for individual clouds are what our partners and their customers need. And, we look forward to continuing to deliver the solutions that will further our partners’ bottom line while making a significant difference for multi-cloud users.”

The new 100 Coolest Cloud Computing Companies list will be featured in the February 2019 issue of CRN and online at www.crn.com/cloud100

About HYCU
HYCU makes it easy to thrive in a hyper-simple, multi-cloud world. The pioneering enterprise software company specializes in data backup, recovery and monitoring for hyper-converged and multi-cloud infrastructures (HCI). Headquartered in Boston, Mass., HYCU harnesses 25 years of sophisticated IT experience, insights from over one million users, and work with more than 25,000 customers, more than 10 ISVs and 350 employees to create a deep and unrivaled well of industry expertise. The result is unsurpassed alignment with industry leaders and a formidable competitive advantage in the multi-cloud space. HYCU’s flagship product, a purpose-built backup and recovery solution for Nutanix, is acclaimed in the industry and features performance and value that are unmatched. To learn more about HYCU, visit www.hycu.com, follow @hycuinc and connect with us on LinkedIn.

About The Channel Company
The Channel Company enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers and end users. Backed by more than 30 years of unequalled channel experience, we draw from our deep knowledge to envision innovative new solutions for ever-evolving challenges in the technology marketplace. www.thechannelco.com

Follow The Channel Company: Twitter, LinkedIn and Facebook

For further information, please contact:
Don Jennings
HYCU, Inc.
Tel: (617) 791-1710
Email: don.jennings@hycu.com
Website: www.hycu.com

Source: HYCU, Inc.

 

 

General Tags: online backup companies, online backup reviews, online backup providers directory, online backup, software as a service, SaaS, backing up online, data storage, CEO interviews, cloud computing, compare online backups, online file backup, online file storage, online backup services, online backup news, top rated online backups, data security, online data backup

Like us on Facebook




===========================
Do you like this post? Subscribe to our RSS feed ===========================



Share/Save/Bookmark

« Previous Entries  Next Page »

Copyright © 2004 - 2018 Backup Review.info | Sitemap

About Us | Contact | Terms & Conditions