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OffsiteDataSync and Data Harbor announce today the merger of their business operations offering additional data recovery services and technical capabilities, with a focus on the SLED/FED and enterprise markets. OffsiteDataSync acquired the Data Harbor Company assets, people, and customer contracts and the merged businesses will operate under the OffsiteDataSync brand.

ROCHESTER, NY – February 18, 2019 — /BackupReview.info/ — OffsiteDataSync and Data Harbor announce today the merger of their business operations offering additional data recovery services and technical capabilities, with a focus on the SLED/FED and enterprise markets. OffsiteDataSync acquired the Data Harbor Company assets, people, and customer contracts and the merged businesses will operate under the OffsiteDataSync brand.

Data Harbor Company, founded in 2016, comes with two decades of intelligent data backup experience that boost business continuity to keep organization’s data protected and always available. Its rich heritage in data protection combined with long-standing SLED/FED and enterprise partnerships provide a market leading proposition.

Matthew Chesterton
Photo: Matthew Chesterton, CEO of OffsiteDataSync

“Data Harbor offers an exciting opportunity for OffsiteDataSync to strengthen and expand its data availability offering in the SLED/FED and enterprise markets” explains Matthew Chesterton, CEO of OffsiteDataSync. “With their range of customers, the acquisition of Data Harbor supports the OffsiteDataSync strategy to lead the market and exceed future requirements for more robust data availability options within additional markets,” continued Chesterton.

Dennis Tallerico, founder and President of Data Harbor Company, also commented, “OffsiteDataSync’s acquisition of Data Harbor provide a major growth opportunity for both our businesses through an extended service offering for our customers. As organizations continue their transition to the cloud, we will be best positioned to support them on that journey.” Tallerico will join OffsiteDataSync as a Senior Account Executive.

The expanded business will serve enterprise and government organizations across the USA and globally.

About OffsiteDataSync and Data Harbor
OffsiteDataSync is a global provider of cloud services including Infrastructure and Disaster Recovery as a Service as well as Cloud Based Backup. OffsiteDataSync delivers availability for the enterprise across North America (NA), Asia / Pacific (APAC) and Europe (EMEA) through the world’s most advanced data centers based on Tier IV Gold-rated Switch data centers in Las Vegas in Nevada. To learn more information about OffsiteDataSync visit http://www.offsitedatasync.com

Data Harbor provides data recovery solutions to enterprises to ensure data is always available and seamless data restoration should the worst happen. Data Harbor specializes in the SLED/FED and enterprise markets within North America.

Contact
Nicholas Natale
OffsiteDataSync
+1-888-800-4380

Source: OffsiteDataSync

 

 

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New Financing Underscores Nasuni’s Leadership and 2018 Revenue Success; Fuels Customer and Company Expansion

BOSTON, MA – February 19, 2019 — /BackupReview.info/ — Nasuni, a leading provider of cloud file services, today announced it received $25M in growth equity funding and saw a record-breaking year of revenue and customer expansion. Led by Telstra Ventures, the round also included participation from existing investors Goldman Sachs, Sigma Prime Ventures, North Bridge Venture Partners, and Flybridge Capital Partners. The new financing will further accelerate Nasuni’s go-to-market strategy, build upon the company’s rapid growth in 2018 and fuel its expansion into new markets.

Telstra Ventures is the venture capital arm of Telstra, Australia’s largest telecommunications company. Steve Schmidt, partner at Telstra Ventures, said: “Application files, from documents and spreadsheets to CAD and creative files, are the lifeblood of most companies. However, traditional approaches to file management are prohibitively expensive and cannot keep pace with the growth of unstructured data. Nasuni offers a modern, future-proof alternative that radically decreases costs, eliminates the need for costly legacy systems and makes new levels of collaboration possible. Those are outcomes all enterprises need and want.”

This most recent funding round follows Nasuni’s $38M funding in September of 2017 which was led by Goldman Sachs and brings the total funds raised to $145M. With most of the $38M financing remaining on the balance sheet, the additional $25M in financing strongly positions the company to continue to take advantage of this massive market opportunity.

Nasuni has continued to deliver record breaking revenue growth, including:

  • Software subscription revenue increased by 52 percent year-over-year from 2017.
  • Annual Recurring Revenue (ARR) continued to accelerate, achieving a five-year compounded ARR growth rate of 66 percent, with an increase of 120 percent in the last two years alone.
  • Q4 2018 marked 19 consecutive quarters of positive subscription software revenue growth.

Nasuni provides a cloud scale software platform that combines the performance of an on-premise network attached file storage solution (NAS) with cloud economics by integrating with public cloud object storage providers such as Amazon Web Services (AWS), Microsoft, Google and high-performance, on-premise solutions from IBM, Dell EMC, and Hitachi to deliver multi-cloud optionality along with global file sharing and collaboration. Nasuni offers NAS, backup, archive, remote office replication, and disaster recovery in a single platform that’s infinitely scalable. CIO’s can now consolidate their legacy NAS and save up to 60 percent on hardware while their distributed teams can enjoy global file sharing and collaboration. This is an entirely new approach to file storage which has quickly resonated with global customers such as AECOM, Cushman & Wakefield, Jabil, TBWA, Ulta Beauty and others.

“In 2018, we continued to experience phenomenal growth,” said Paul Flanagan, president and CEO, Nasuni. “And in addition to seeing record expansion within our current customer accounts we also signed market-leading enterprises in numerous industries. At the same time, we are also making investments in our people, our product and partnerships that are the foundation of the great company that we are building.”

Additional 2018 highlights from Nasuni include: 

  • Executive team expansion: Nasuni named Cheryle Cushion, a proven industry veteran marketer with a celebrated and highly successful track record in helping young companies scale and accelerate their go-to-market initiatives, its new vice president of marketing.
  • Product innovation: Nasuni introduced the industry’s first multi-cloud solution that combines primary and archive file storage and automatically reduces costs as files age – an innovation that eliminates the need for IT departments to constantly move files to less expensive, slower storage tiers. Cold files are automatically reclassified to a lower cost-per-terabyte rate but remain in the same location for analytics and can be immediately accessed by users if the need arises.
  • Partner integration with AWS, Varonis and other leading companies: Nasuni achieved Amazon Web Services (AWS) Storage Competency status for primary storage use cases and is now an AWS Well-Architected Partner within the AWS Partner Network. Additionally, Nasuni now integrates with the Varonis® Data Security Platform.
  • Employee Growth: The company has increased its employee base 85 percent over the past two years and is currently exploring opening new office space in Boston metro-west with the intention of increasing its engineering team by 50 percent in the next 12 months.
  • Facility Expansion: The company opened a new office in Durham, N.C. to attract and hire engineering and customer support professionals with significant experience in mission-critical, enterprise technologies.
  • Global Expansion: Nasuni Cloud File Services is now deployed in more than 6,000 locations across 70 countries. Significant growth also occurred in Europe, where Nasuni continues to expand and now has offices in Germany and the U.K. that serve representatives throughout the region. Nasuni also established a presence in Australia in 2018 as the company began to expand into AsiaPac.
  • Channel Growth: Nasuni continued to strengthen its go to market strategy and expanded its engagements with numerous partners throughout the world, including Ahead, Bytes Technology Group, CANCOM, CDI, COOLSPIRiT, CLOUDIO, Insight, Materna Information and Communications, MTI Technology, Nephos Technologies, RoundTower, Softcat, and Quorum. Notably, longstanding partners CDW and SHI continued to see dramatic growth in the number of customer engagements with Nasuni.
  • Industry recognition: Nasuni was featured in the Gartner Hype Cycle for Hybrid Infrastructure Services, 2018 as a key vendor in the Hybrid Cloud Storage category, the first point on the graphic representing the most innovative, “On the Rise” technologies. Additionally, NASUNI ARCHIVE was named a TechTarget SearchStorage 2018 Products of the Year finalist in the Backup and DR software and services category.

About Nasuni
Nasuni delivers a single software platform to store, protect, synchronize, and collaborate on unstructured file data at scale. Nasuni Cloud File Services™, powered by the patented UniFS® global file system, leverages cloud storage to modernize primary NAS and file server storage; file archiving; backup; and disaster recovery, while offering transformational new capabilities for multi-site file collaboration. By combining the low cost, unlimited capacity, and durability of private or public cloud object storage with the high performance, security, and broad application compatibility of traditional disk-based file storage, the Nasuni subscription service improves workforce productivity, simplifies IT operations, and reduces IT costs. The world’s largest companies in 12 industry sectors rely on Nasuni to maximize the business value of their file data and ensure business continuity. Nasuni operates globally from its worldwide headquarters in Boston, Mass., USA.

Social Media Links

  • Twitter: www.twitter.com/nasuni
  • LinkedIn: https://www.linkedin.com/company/nasuni
  • Blog: http://www.nasuni.com/blog

All company and product names are property of their respective owners.

About Telstra Ventures
Telstra Ventures is a strategic venture capital firm that is focused on providing synergy revenues to its portfolio companies and financial returns to its investors. Telstra Ventures invests in market leading, high growth technology companies with exceptional products and leaders. Telstra Ventures is backed by two strategic investors: Telstra, one of the 20 largest telecommunications providers globally, and HarbourVest, one of the world’s largest private equity funds. With offices in San Francisco, Sydney, Melbourne and Shanghai, Telstra Ventures has invested in over 55 companies since its inception in 2011. Visit telstraventures.com to learn more.

For more information, contact:
Ken Phillips, Nasuni
+1.857.444.8515
kphillips@nasuni.com
www.nasuni.com

Source: Nasuni

 

 

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New Veeam Availability Suite 9.5 Update 4 includes SAP Certified integration for SAP HANA enhancing backup and disaster recovery capabilities

BAAR, Switzerland – February 19, 2019 — /BackupReview.info/ — Veeam® Software, the leader in Backup solutions that enable Intelligent Data Management™, today announced Veeam Plug-in for SAP HANA, a SAP® Certified Integration for SAP HANA®, as a part of one of its most highly anticipated releases in company history, Veeam Availability Suite 9.5 Update 4. With this latest release, Veeam provides an SAP-certified backup and recovery solution, allowing enterprise customers to seamlessly integrate native SAP HANA backup with the industry-leading Veeam Backup & Replication™ solution, further strengthening the enterprise-readiness of the Veeam Availability Platform™.

SAP HANA is a business-critical database platform that simultaneously processes transactions and analytics for many enterprise workloads such as SAP S/4 HANA, SAP BW Data Warehouse, and SAP Business ONE today; it is critical that enterprises always maintain access to these databases.

“This latest release brings Veeam’s history of innovation, ease of use and reliability to business-critical enterprise applications,” said Ratmir Timashev, co-founder and Executive Vice President (EVP) of Sales & Marketing at Veeam. “In addition to the new major enhancements in Veeam Availability Suite 9.5 Update 4, we’ve also included an SAP-certified backup and recovery solution. Now SAP HANA enterprise customers can take advantage of Veeam’s No.1 backup solution for their mission-critical, performance-sensitive SAP HANA environments, leading to lower management overhead with a more intuitive, integrated and seamless solution to address the business-critical demands required for application and data Availability.”

Key integrations and benefits of this new Veeam and SAP solution include:

  • Easy to integrate and SAP certified BACKINT plug-in;
  • Gives SAP Administrators 100 percent control of the backup and restore processes;
  • Industry-leading performance and scalability with Veeam’s Scale-out Backup Repository (SOBR™), as multiple repository servers can be used in parallel to boost backup and restore performance and to scale across multiple storage systems.

In addition to the new plug-in, Veeam provides disaster recovery support for applications including SAP S/4 HANA, SAP BW Data Warehouse, and SAP Business ONE; supported environments include:

  • Support for VMware-based workloads with outstanding features like Instant VM Recovery and DataLabs for copy data management, and Storage Integrations including HPE 3PAR, NetApp AFF, Pure FlashArray and Dell EMC Unity;
  • Support for Hyper-Converged Infrastructure systems like Cisco HyperFlex, NetApp HCI, Nutanix AHV and others;
  • Protection of physical servers and cloud-based workloads such as Microsoft Azure, Azure Stack and Amazon EC2.

“We chose Veeam’s Plug-in for SAP HANA to secure our data because it fully supports the SAP HANA,” said Thomas Langner, Executive IT Consultant at Fraport AG, one of the leading players in the global airport business. “Furthermore, now we only need to use a single backup product – with a much higher level of integration – at our Frankfurt data center which serves Fraport operations worldwide.”

To learn more, register for VeeamON 2019, the world’s premier event for Intelligent Data Management, taking 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.

About Veeam Software
Veeam is the global leader in Intelligent Data Management. Veeam Availability Platform is the most complete solution to help customers on the journey to automating data management and ensuring the Availability of data. With more than 330,000 customers worldwide, including 82 percent of the Fortune 500 and 66 percent of the Global 2000, Veeam’s customer satisfaction scores, at 3.5X the industry average, are the highest in the industry. As a 100 percent channel company, the Veeam global ecosystem includes ProPartners, Veeam Cloud & Service Providers (VCSPs) and Cisco, HPE, Lenovo and NetApp as exclusive resellers. Headquartered in Baar, Switzerland, Veeam has offices in more than 30 countries. To learn more, visit https://www.veeam.com or follow Veeam on Twitter @veeam.

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

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

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

Source: Veeam

 

 

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Western Digital’s ActiveScale™ S3-Compatible, Object Storage System Supports Veeam Cloud Tier, part of New Veeam Availability Suite 9.5 Update 4, Unleashing New Levels of Efficiency and TCO for Enterprise Customers

SAN JOSE, CA - February 19, 2019 — /BackupReview.info/ — Western Digital (NASDAQ: WDC), a leading data infrastructure company, today announced that its ActiveScale object storage system supports Veeam Cloud Tier, a feature of the new Veeam Availability Suite 9.5 Update 4. The ActiveScale system provides Veeam customers with a fast, cost-effective hybrid-cloud backup repository that helps manage the avalanche of data inundating today’s data centers.

“As a leading data infrastructure company, Western Digital is a valued member of the Veeam Alliance Partner Program, and we’re are extremely pleased that their ActiveScale system is one of the first to be compatible with Veeam Cloud Tier,” said Ken Ringdahl, vice president of Global Alliance Architecture at Veeam. “Their membership, as well as ActiveScale’s support for Veeam Cloud Tier, allows us to work together to develop technologies that can transform our customers’ environments and enable Intelligent Data Management.”

“We’re delighted to expand our relationship with Veeam,” said Stefaan Vervaet, senior director of Solutions & Alliances, Western Digital’s Data Center Systems business unit. “Together, our goal is to help ensure that our customers’ data is always protected and available for quick and easy recovery when using our ActiveScale system or IntelliFlash™ all-flash arrays. The combination of Western Digital systems and Veeam software delivers a highly scalable and an economical solution for end-to-end backup of enterprise and service provider applications.”

Western Digital’s ActiveScale systems represent the next-generation of object storage for petabyte-scale unstructured data growth. Supporting up to 19-nines of data durability, the system facilitates a “Data Forever” architecture, allowing customers to economically store petabytes of data over multiple generations of storage with confidence. With Unified Data Access, it can easily ingest and manage data in traditional file system format and improve storage usage in environments with mixed file and object workloads. Now available, the ActiveScale family starts at 500TB usable capacity and can scale to 49PB in a single namespace. Ideal use cases include backup and archive, data collaboration, and digital repositories for media workflows, analytics, machine learning and IoT.

The ActiveScale object storage family complements Western Digital’s full data center portfolio that supports workloads across all application tiers from business-critical to long-term archive.  The family includes the IntelliFlash hybrid, all-flash and NVMe™ storage systems; OpenFlex™ NVMe-over-Fabric™ (NVMf) open composable infrastructure; Ultrastar® sever and storage platforms; Ultrastar memory extension drive and its family of Ultrastar data center-class HDDs and SSDs.

Become an Enterprise Channel Partner
Solution providers are encouraged to apply for the award-winning Western Digital Enterprise Partner Program and gain access to a comprehensive selection of resources to help create solutions and services that target specific markets and customer needs while growing their business and maximizing profitability.

Western Digital is unifying its brands to provide customers with more brand clarity, portfolio flexibility and simplification of choice. Over the coming months, customers will see products previously branded as Tegile™ and HGST, as well as some SanDisk® and WD® commercial and enterprise products, transition to Western Digital® branding. Visit the company’s new website at WesternDigital.com for more information.

Stay connected to Western Digital:
Twitter, LinkedIn, Blog, Facebook, YouTube

About Western Digital
Western Digital creates environments for data to thrive. The company is driving the innovation needed to help customers capture, preserve, access and transform an ever-increasing diversity of data. Everywhere data lives, from advanced data centers to mobile sensors to personal devices, our industry-leading solutions deliver the possibilities of data. Western Digital data-centric solutions are marketed under the G-Technology™, SanDisk®, Upthere™ and WD brands.

One terabyte (TB) equals one trillion bytes and one petabyte (PB) equals 1,000TB when referring to storage capacity. Usable capacity will vary due to object storage methodologies and other factors. Product specifications subject to change without notice. Not all products are available in all regions of the world. ©2019 Western Digital Corporation or its affiliates. All rights reserved. Western Digital, the Western Digital logo, G-Technology, SanDisk, Tegile, Upthere, WD, ActiveScale, IntelliFlash, OpenFlex and Ultrastar Design are registered trademarks or trademarks of Western Digital Corporation or its affiliates in the US and/or other countries. The NVMe and NVMe-over-Fabric word marks are trademarks of NVM Express, Inc. All other marks are the property of their respective owners.

Contacts
Erin Hartin
Western Digital Public Relations
303-601-8035
erin.hartin@wdc.com

Peter Andrew
Western Digital Investor Relations
1-800-695-6399
investor@wdc.com

Source: WD

 

 

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Pure Becomes First Leading Storage Provider to Deliver NVMe-oF RoCE with DirectFlash Fabric to Help Enterprises Unify Cloud

MOUNTAIN VIEW, Calif., Feb. 19, 2019 — /BackupReview.info/ — Pure Storage (NYSE: PSTG), the data solutions leader that helps innovators build a better world with data, today announced it has added powerful new DirectFlash™ Fabric capability for end-to-end NVMe and NVMe-oF support in Purity 5.2, the software-defined engine of its FlashArray//X products. The new capability further extends Pure’s leadership in empowering customers to approach hybrid cloud with a new level of unified infrastructure — to run apps anywhere and protect data everywhere.

DirectFlash Fabric enables customers to improve performance of enterprise mission critical applications as well as new web-scale applications that traditionally have relied on direct attached storage. With this announcement, Pure becomes the first mainstream enterprise storage provider to widely support NVMe-oF RoCE, which enables enterprises to get flash media closer to applications for more real-time access and greater consolidation.

Modern enterprises are challenged to deliver innovations and services that can keep up with a constantly fast-moving society — with no downtime allowed. According to Google, 53 percent of mobile users will leave a site that takes over three seconds to load. Applications must be available and accessible at all times. To provide a consistently amazing user experience, enterprises must cost-efficiently support widespread deployment of applications that span clouds, break free of silos and drive the benefits of an innovation platform both in the cloud and on-premises.

“The future is delivering applications and services at the speed of thought,” said Chadd Kenney, Vice President of Product and Solutions, Pure Storage. “To do this, applications can no longer live within barriers, they must interact, intercommunicate and share datasets in real-time. Architectures must converge and break down the barriers that exist today. DirectFlash Fabric is a key component for helping enterprises unify SAN, DAS, and Cloud.”

DirectFlash Fabric delivers massive optimization between storage controllers and hosts over fast networking and makes Ethernet a first class citizen in the data center for storage. Other solutions today may not have full enterprise features enabled, or may utilize NVMe over Fabrics with Fibre Channel rather than RDMA over converged Ethernet (RoCE), which offers the biggest potential jump in performance for Ethernet customers with a 50 percent latency reduction compared to iSCSI. With the new capability, Pure is extending its DirectFlash technologies to Non-Volatile Memory Express (NVMe) over Fabrics to enable increased efficiencies across the network, in particular with Red Hat Enterprise Linux and cloud-native, web-scale applications such as MongoDB, Cassandra and MariaDB get the benefits and efficiencies of enterprise grade shared storage.

FlashArray//X supports end-to-end NVMe on 25G and 50G Ethernet ports. Interoperability with NVMe-oF-capable NICs is available or planned from Broadcom, Cisco, Marvell and Mellanox.

“As organizations undergo digital transformation and become more dependent on data and the ability to turn that data into compelling business insights, it is also driving a need to transform enterprise storage infrastructure to deliver better performance, availability and efficiency,” said Eric Burgener, research vice president, Infrastructure Systems, Platforms and Technologies Group, IDC. “NVMe technology will be at the core of that shift, and vendors like Pure Storage that can deliver true enterprise storage capabilities along with NVMe performance today give their customers the right infrastructure to build on for the future.”

On-Cloud, an emerging managed services provider, helps small and medium-sized businesses move applications to the cloud. After making the switch to Pure, On-Cloud dramatically improved application performance for customers, simplified management and kept costs low.

“Pure’s continued investment in technologies like NVMe and NVMe-oF help us continue to innovate for our end-users. Our customers require high performance, enterprise-ready data service for all of their applications, including new cloud-native applications that we host,” said Esteban Rey, Cloud Evangelist, On-Cloud. “It’s critical that our data continues to serve a more strategic purpose for our business without added headcount or headache. With Pure on the back end, our systems have never worked better and our customers have never been happier.”

For more information, please visit our website – https://www.purestorage.com/products/flasharray-x.html

About Pure Storage
Pure Storage(NYSE: PSTG) helps innovators build a better world with data. Pure’s data solutions enable SaaS companies, cloud service providers, and enterprise and public sector customers to deliver real-time, secure data to power their mission-critical production, DevOps, and modern analytics environments in a multi-cloud environment. One of the fastest growing enterprise IT companies in history, Pure Storage enables customers to quickly adopt next-generation technologies, including artificial intelligence and machine learning, to help maximize the value of their data for competitive advantage. And with a certified NPS customer satisfaction score in the top one percent of B2B companies, Pure’s ever-expanding list of customers are among the happiest in the world.

Analyst Recognition:
Gartner July 2018 Magic Quadrant for Solid-State Arrays – https://www.purestorage.com/resources/type-a/gartner-mq-2018.html
IDC MarketScape for All-Flash Arrays – https://www.purestorage.com/resources/type-a/idc-marketscape.html

Pure Storage, the “P” Logo, DirectFlash, Evergreen, FlashBlade and Pure1 are trademarks or registered trademarks of Pure Storage, Inc. All other trademarks or names referenced in this document are the property of their respective owners.

Press Contact:
Rena Fallstrom
Pure Storage
rena@purestorage.com
+1 408-203-3945
www.purestorage.com

Source: Pure Storage

 

 

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HubStor leverages Microsoft Azure Active Directory to help automate intelligent data management for secondary-storage use cases

KANATA, Ontario – February 19, 2019 — /BackupReview.info/ — HubStor today announced new cloud data management capabilities that enable enterprises to use Microsoft Azure Active Directory’s extended identity attributes in policies that control the storage, preservation, and security of unstructured data.

The HubStor cloud data management platform uniquely protects unstructured data workloads while incorporating a query-optimized mapping of data access rights, users, and group memberships. Now with extended identity metadata correlated into HubStor’s intelligent policy engine, enterprises can streamline their management of critical information in the following ways:

  • Storage: Automated enrollment into secondary storage – HubStor can now dynamically detect when a user leaves the organization and automatically enroll their Microsoft Office 365 mailbox and OneDrive for Business site in a backup/archiving policy that captures the data into Azure-based secondary storage.
  • Preservation: Retention or legal hold automation – HubStor can dynamically set retention periods on a user’s data in secondary storage when, for example, the user joins a department or leaves the organization.
  • Security: Role-based access control for data streams – HubStor can restrict access permissions to global data streams so that privileged users can search, access, or recover information relating to precise sets of users only. HubStor’s new ability to automate a logical separation within a single data stream for role-based access control is gaining traction in the following scenarios:
    • Email journaling – Storage rules in HubStor leverage the Organizational Unit attribute to control access to messages so that legal discovery users can conduct searches, apply holds, and perform exports on email custodians within their particular domain only, for example.
    • Office 365 audit log retention – Similarly, HubStor’s storage rules can leverage the Department attribute to create a logical separation of audit log records so that particular IT and security administrators can review and produce Office 365 event history for users within specific departments or office locations only.

“We listen to the needs of our customers closely as we build out the HubStor cloud data management platform,” said Brad Janes, VP of Product Management at HubStor. “Enhancing HubStor’s integration with Azure Active Directory and the HubStor policy engine to incorporate identity metadata unlocks never-before-seen data management capabilities in the IT industry.”

You can connect with HubStor to start a subscription here: https://www.hubstor.net/deploy-now

About HubStor
HubStor is a leading innovator in cloud-based storage software. Enterprises use the HubStor cloud data management platform to transform their data storage and protection practices, backup their Office 365 data, journal electronic messages, enable cloud-tiering of file systems, and manage long-term retention of unstructured data. HubStor is headquartered in Ottawa, Canada, and is a Microsoft Co-Sell Prioritized and Gold ISV Partner.

Media Contact
Elizabeth Lam, VP Marketing
liz@hubstor.net
www.hubstor.net

Source: HubStor Inc.

 

 

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Provides Limitlessly Scalable, Cost-effective Storage Foundation for Data Protection

SAN MATEO, CA – February 19, 2019 — /BackupReview.info/ — Cloudian today announced that Systemec, a managed services provider specializing in health care and logistics in the Netherlands and Germany, has deployed Cloudian’s HyperStore object storage platform to address the backup challenges of growing data volumes. Cloudian enables Systemec to protect data from multiple applications, prevent the scheduling problems it previously faced and achieve increased cost efficiency.

Continued Data Growth Threatens to Overwhelm Backup Windows
Founded in 2007, Systemec runs two data centers in The Netherlands and one in Germany under a unique cross-border strategy that supports more than 500 customers. As the amount of data the company manages rapidly increased, Systemec realized it needed a cost-effective solution to store and secure customer data.

“This growth raised concerns about accommodating the future data volume,” said Marco Teelen, internet services manager at Systemec. “As a result, we decided to expand our secondary storage.”

Finding a Scalable and Flexible Solution
Systemec was using a mix of storage solutions that included HPE Nimble Storage, QNAP NAS and Acronis backup software in both its own data centers and at customer sites. The company wanted a solution that could not only scale but also easily integrate into its existing environment.

“We looked at some alternatives but quickly reached the conclusion that Cloudian was the right solution for addressing our needs,” said Wouter Simons, systems engineer at Systemec.

Systemec started with approximately 100 TB of Cloudian HyperStore object storage distributed across the three data centers. To support file service requirements from the same system, the firm also employed Cloudian’s HyperFile NAS Controller.

Building a Storage Foundation for the Future
Since installing the new solution last year, Systemec has been pleased with the benefits it has provided.

“We no longer have to worry about whether we’ll be able to meet our backup windows,” said Teelen. “Moreover, we now have a limitlessly scalable storage foundation that enables us to deliver new services to our customers.”

As an example, Teelen reported that Systemec is looking at selling services to customers that could capitalize on Cloudian’s full S3 compatibility, such as those using Veeam data protection.

About Cloudian
Cloudian turns information into insight with a hyperscale data fabric that lets customers store, find and protect data across the organization and around the globe. Cloudian data management solutions bring cloud technology and economics to the data center with uncompromising data durability, intuitive management tools and the industry’s most compatible S3 API. Cloudian and its ecosystem partners help Global 1000 customers simplify unstructured data management today while preparing for the data demands of AI and machine learning tomorrow. Learn more at www.cloudian.com

Media Contacts
Jordan Tewell
10Fold Communications
cloudian@10fold.com
415-666-6066

Emily Gallagher
Touchdown PR
cloudian@touchdownpr.com
+44 (0)1252 717040

Source: Cloudian

 

 

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BOSTON, MA – February 19, 2019 — /BackupReview.info/ — Wasabi, the hot cloud storage company, announced today that Lou Shipley has been appointed to its board of directors. Shipley is the former President and CEO of Black Duck Software, which was acquired in 2017 by Synopsys for $565 million.

After taking over as CEO in 2013, Shipley transformed Black Duck from a compliance-focused open source software company into the global leader in open source security and management solutions. Wasabi, recognized for being one of the cloud storage industry’s fastest growing companies, has selected Shipley to join its board as the company scales its operations and plans for global expansion in 2019.

Lou Shipley
Photo: Lou Shipley

Lou Shipley is an accomplished and extremely successful software executive, and I am pleased that we will be able to benefit from his ideas, experience, and guidance in the years ahead,” said David Friend, CEO of Wasabi. “Wasabi is experiencing extremely fast growth and we need to quickly evolve our team, processes, and procedures. Lou has been through this kind of growth before and his perspective and advice will undoubtedly allow us to scale more smoothly and rapidly.”

An enterprise software executive with more than 25 years of experience, Shipley has held key roles at four other Massachusetts software startups – Avid, WebLine (Cisco), FairMarket (eBay), Reflectent (Citrix) and VMTurbo. He is also a board member at CustomerGauge, SentryOne, FairMarkit and Teamworks and is currently an Executive in Residence (XIR) at General Catalyst.

“Wasabi delivers exactly what companies want from their cloud storage provider – low cost, lightning fast speed, high performance and scalability,” said Shipley. “In less than two years Wasabi’s innovative hot storage offering has dramatically altered the competitive landscape. I’m looking forward to helping accelerate growth and expand globally.”

About Wasabi:
Wasabi is the hot cloud storage company delivering disruptive storage technology that is 1/5th the price and up to 6x the speed of Amazon S3 with no additional hidden fees. Unlike first generation cloud vendors, Wasabi focuses solely on providing the world’s best cloud storage platform. Created by Carbonite co-founders and cloud storage pioneers David Friend and Jeff Flowers, Wasabi is on a mission to commoditize the storage industry. Wasabi is a privately held company based in Boston, MA. Follow and connect with Wasabi on Twitter, Facebook, Instagram and our blog.

Contact:
Lindsay Levitts
Kel and Partners
6175196551
lindsayl@kelandpartners.com

Source: Wasabi

 

 

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Partnership Expands U.K. Business Partner Access to Cobalt Iron’s Innovative Enterprise Data Protection Products and Solutions

LAWRENCE, Kan. & BRACKNELL, Berkshire, England – February 19, 2019 — /BackupReview.info/ — Cobalt Iron Inc., a leading provider of enterprise data protection SaaS, and Tech Data Corporation, a global technology distributor, today announced a distribution partnership for Cobalt Iron products, including the company’s Adaptive Data Protection (ADP) SaaS enterprise backup solution, throughout the United Kingdom.

“As we continue to expand the Cobalt Iron footprint in the U.K. market, Tech Data will be a valuable partner in addressing customer and partner demand for next-generation automated and analytics-driven data protection,” said Mark Ward, chief operating officer at Cobalt Iron. “Tech Data has both an impressive reputation and extensive reach in these markets, and we look forward to working together to drive business partners’ awareness of the benefits that smart, secure, automated data protection everywhere brings to the enterprise.”

Tech Data is a world-leading end-to-end technology distributor, and the company offers not only a broad portfolio of products, services, and solutions, but also the specialized skills and expertise in next-generation technologies that enable channel partners to bring innovative products and solutions to market.

The new partnership between the two companies will make Cobalt Iron products and solutions even more visible and accessible to business partners in the U.K., enabling them to deliver increased cost savings, simpler operations, and greater flexibility.

Cobalt Iron ADP enables partners to deliver a cloud-based backup-as-a-service leveraging the most intelligent analytics and automation. The solution modernizes backup, delivering the features and scale of enterprise data protection along with the flexibility and economics of cloud consumption.

Ian Jeffs, business unit director — Data Center, at Tech Data U.K., said: “The addition of Cobalt Iron to our next-generation solutions portfolio means we can give resellers an opportunity to address the rapidly evolving backup needs of enterprise customers who are moving to hybrid and highly distributed infrastructures.”

More information about Cobalt Iron is available at www.cobaltiron.com

Additional information about Tech Data is available at www.techdata.com

Tech Data connects the world with the power of technology.

Cobalt Iron is the global leader in SaaS-based enterprise data protection.

Contact:
Sunny Branson
+1 801 582 0581
sunny@wallstcom.com

Source: Cobalt Iron

 

 

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Cloud Daddy Secure Backup Honored for Improving Business Processes

PRINCETON, NJ – February 19, 2019 — /BackupReview.info/ — Cloud Daddy announced today that TMC, a global, integrated media company, has named Cloud Daddy Secure Backup as a 2018 Cloud Computing Backup and Disaster Recovery Award winner, presented by TMC’s Cloud Computing Magazine.

The Cloud Computing Backup and Disaster Recovery Award recognizes technologies and vendors that have built cloud solutions that empower businesses small or large to remain active and productive under even the most challenging conditions, minimizing lost business opportunities.

“We’re thrilled about winning the 2018 Backup & Disaster Recovery Award, presented by Cloud Computing Magazine,” said Joe Merces, CEO of Cloud Daddy. “As security threats become more sophisticated and destroy the very backup meant to protect organizations when they need it most, Cloud Daddy takes data protection to a whole new level by incorporating security countermeasures to protect backups. Cloud Daddy is committed to innovating at a rapid pace by continuing to lead in providing modern-era data protection.”

Cloud Daddy Secure Backup is a cloud-native, secure backup solution explicitly built for Amazon Web Services (AWS). It utilizes native Amazon APIs and best practices to deliver rock solid data protection by joining backup and disaster recovery, advanced security, and infrastructure management into a single holistic solution for AWS that’s intuitive and very easy to use in comparison to competitive products.

“Recognizing excellence in the advancement of cloud computing technologies, Cloud Computing magazine is proud to announce Cloud Daddy Secure Backup as a recipient of the Cloud Computing Backup and Disaster Recovery Award,” said Rich Tehrani, CEO, TMC. “Cloud Daddy is being honored for their achievement in bringing innovation to the market, while leveraging the latest technology trends.”

About Cloud Daddy
Cloud Daddy provides the world’s most secure AWS-native data protection solution, offering holistic backup, disaster recovery and advanced security countermeasures. Available directly from the AWS Marketplace (and up and running in minutes), Cloud Daddy Secure Backup assures enterprises of all sizes a comprehensive enterprise-class solution providing modern data protection for the AWS elastic cloud. With Cloud Daddy, enterprises add value, save money, increase manageability, and mitigate security risks to their AWS infrastructure, without the costs typically associated with a datacenter. You can try Cloud Daddy Secure Backup for free for 14 days and get the ultimate business continuity cloud solution for your enterprise. For more information about Cloud Daddy, visit http://www.clouddaddy.com. Follow us on Facebook, LinkedIn and Twitter.

About Cloud Computing Magazine:
Cloud Computing magazine is the industry’s definitive source for all things cloud – from public, community, hybrid and private cloud to security and business continuity, and everything in between. This online magazine published by TMC assesses the most important developments in cloud computing not only as they relate to IT, but to the business landscape as a whole.

About TMC
Through education, industry news, live events and social influence, global buyers rely on TMC’s content-driven marketplaces to make purchase decisions and navigate markets. As a result, leading technology vendors turn to TMC for unparalleled branding, thought leadership and lead generation opportunities. Our in-person and online events deliver unmatched visibility and sales prospects for all percipients. Through our custom lead generation programs, we provide clients with an ongoing stream of leads that turn into sales opportunities and build databases. Additionally, we bolster brand reputations with the millions of impressions from display advertising on our news sites and newsletters. Making TMC a 360 degree marketing solution, we offer comprehensive event and road show management services and custom content creation with expertly ghost-crafted blogs, press releases, articles and marketing collateral to help with SEO, branding, and overall marketing efforts. For more information about TMC and to learn how we can help you reach your marketing goals, please visit http://www.tmcnet.com and follow us on Facebook, LinkedIn and Twitter, @tmcnet.

For more information about TMC, visit http://www.tmcnet.com

TMC Contact:
Jessica Seabrook
Marketing Director
203-852-6800, ext. 170
jseabrook(at)tmcnet.com

Source: Cloud Daddy

 

 

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Swizznet has been named among the 10 Most Promising Sage Solution Providers for 2019 by CIOReview for offering cost-effective and flexible solutions for Sage

SEATTLE, WA – February 19, 2019 — /BackupReview.info/ — Swizznet has been named among the 10 Most Promising Sage Solution Providers for 2019 by CIOReview.

“The Swizznet team is honored to be recognized by CIOReview as among the 10 Most Promising Sage Solution Providers for 2019,” said Michael Callan, CEO, Swizznet. “This underscores our focus on developing industry-leading hosted cloud solutions that empower our customers to digitally transform their businesses. Our goal is to provide the absolute best cloud accounting solutions backed by Obsessive Support® so clients can focus on running their business instead of on their back-office IT management.”

The CIOReview panel recognizes vendors that fulfill the burning need for cost-effective and flexible solutions on Sage.

Swizznet’s private cloud hosting solution for Sage offers clients the choice to deploy on Azure or Google infrastructure. Azure and Google are globally recognized as leading public cloud providers and offer unsurpassed built-in regional resiliency and scalability for those customers who require the ultimate cloud solution. With both deployment options, users can be off and running in just a matter of hours with a private cloud solution customized for their business.

See the review here: https://sage.cioreview.com/vendors/most-promising-sage-solution-providers—2019.html

ABOUT CIOReview
In today’s dynamic global economy, the ability to be agile and responsive to change is more important than ever before. Information and the interactions around it have become key assets of most enterprises, and making correct decisions in shrinking cycle times is the defining operating characteristic of winning companies. CIOReview, a technology magazine, has been at the forefront of guiding organizations through the continuously disruptive landscape and providing enterprise solutions to redefine the business goals of enterprises tomorrow.

CIOReview offers a ground-breaking platform allowing decision makers to share their insights, which in turn provides both budding and established entrepreneurs with analyses on information technology trends and a better understanding of the environment.

ABOUT SWIZZNET
Swizznet (http://www.swizznet.com), a Sage-Authorized Partner, an Intuit-Authorized Commercial Hosting provider and a Microsoft Cloud Solution Provider, offers hosting solutions that empower accountants and businesses to free themselves from in-house infrastructure and IT headaches so that they can connect and collaborate from any computer or device. Swizznet offers an on-demand Marketplace and uses the latest cloud computing technology and tools to provide the fastest, most reliable cloud access to QuickBooks and Sage desktop applications. They backup their solution with Obsessive Support® and service, for the ultimate cloud accounting solution.

For more information, please call 1-888-794-9948 or visit http://www.swizznet.com

Contact:
Kristin Callan
Swizznet
P: +1-888-794-9948 Ext: 402
E: kcallan@swizznet.com
T: @Swizznet
W: www.swizznet.com

Source: Swizznet

 

 

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Cambridge UK – Tuesday 19 February 2019 — /BackupReview.info/ — Recognizing the increasing take-up of cloud storage, the latest version of Redgate’s SQL Monitor enables entire SQL Server estates to be managed and monitored from one dashboard, whether they are on-premises or in the Azure cloud. After months in development, SQL Monitor v9 gives users the ability to seamlessly monitor hybrid and cloud estates, including both Azure Managed Instances and SQL Database Elastic Pools.

This is an important move because cloud adoption rates are increasing, as highlighted in Redgate’s recently released 2019 State of Database DevOps Report. Drawing insights from over 1,000 participants and now in its third year, it revealed that 50% of organizations are now taking advantage of the cloud, with 19% hosting their servers mostly or wholly in the cloud, and 31% using a combination of cloud and on-premises servers.

However, as the size, complexity and mix of SQL Server estates increases, so does the need for a third party monitoring tool. Indeed, the report also showed that while 23% of organizations with ten servers or fewer use a third-party tool, this rises to 51% in organizations with over 500 servers.

This shouldn’t come as a surprise because manual monitoring using hand-rolled scripts can provide basic information like wait stats and memory utilization, but falls over when it comes to spotting trends and issues, or helping with capacity planning, performance problems, or troublesome queries.

To resolve this, SQL Monitor now offers full support and management for SQL databases hosted on Azure, and includes 14 Azure-specific alerts and 36 Azure-specific metrics. From one dashboard, users can monitor their entire SQL Server estate, whether on-premises or in Azure, and know instantly when any problem on any server arises.

As Anthony Nocentino, Microsoft Data Platform MVP and Enterprise Architect, comments: “I typically see companies using on-premises SQL Server for legacy databases or where a strategic decision hasn’t been made yet about migrating to the cloud, which better equips them to deal with fluctuating demand in storage and compute capacity. Wherever they are, though, they still want to monitor the performance and discover any issues before they have an impact. SQL Monitor’s ability to manage large and mixed SQL Server estates from the same dashboard at the same time is a great way of easing the monitoring burden, which is becoming more complex.”

That complexity is eased further with the ability to view disk usage across an entire estate and use predictive trends to accurately estimate future requirements, and manage backups from a central location and quickly see where attention is needed.

The update also helps with auditing and compliance by showing users what versions of SQL Server exist across their estate, whether they’re supported, and any patches or new versions which are available. It then lets users download updates from within SQL Monitor so that they can be sure their servers are up to date and patched safely.

And to simplify licensing issues, the SQL Monitor licensing model now matches the Azure licensing model, making the ongoing management of SQL Server estates easy and straightforward.

To give users an opportunity to assess how useful SQL Monitor is compared to their current monitoring solution, a 14-day, fully-functional free trial of the tool is available.

About Redgate Software
Redgate makes ingeniously simple software used by over 800,000 IT professionals and is the leading Microsoft SQL Server tools vendor. Redgate’s philosophy is to design highly usable, reliable tools which elegantly solve the problems developers and DBAs face every day, and help them to adopt compliant database DevOps. As well as streamlining database development and preventing the database being a bottleneck, this helps organizations introduce data protection by design and by default. As a result, more than 100,000 companies use Redgate tools, including 91% of those in the Fortune 100.

For more information, visit: www.red-gate.com

For further information, please contact:
Jamie Wallis, Product Marketing Manager, Redgate Software
Jamie.Wallis@red-gate.com

Matt Hilbert, Technology Writer, Redgate Software
Matt.Hilbert@red-gate.com
07564 778274

Source: Redgate 

 

 

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DataCore’s Software-Defined Storage platform enables fast ingestion of data from parent company and integration with SAP HANA Tailored Data Centre Integration (TDI)

READING, UK – February 19, 2019 — /BackupReview.info/ — DataCore Software today announced that Europe’s largest branded consumer garden and lawn products company, Evergreen Garden Care Ltd has adopted DataCore’s SANsymphony™ platform as their infrastructure enablement platform to allow for flexible growth and digital change. As a new international business entity devolving from their US based parent company, Scotts MiracleGro, Evergreen faced several pressing challenges. Their IT management team needed to install an infrastructure that would cover eight countries from UK to Australia, to allow for constant trading without negative impact for millions of transactions of their household brand name products such as MiracleGro, RoundUp and Weedol.

Evergreen’s Interim CIO Steve Williams reflects. “With the impending move away from the US corporate infrastructure, we had the chance to create a highly performant environment engineered from the ground up. In total, we had 76 business systems to consider and due to criticality and process enhancement, we prioritised delivery of the new SAP ERP system first.”

Evergreen consulted DataCore Gold Partner Waterstons, to submit recommendations on deployment of a new infrastructure that could act as the cornerstone of digital agility, serviced by a flexible storage layer that would perform highly and without interruption to the global supply chain but at a more reasonable cost than prohibitively expensive hardware solutions. Waterstons submitted a tiered reference architecture delivered through DataCore’s SANsymphony platform.

SAP HANA TDI Integration and Optimisation Key:
Simon Birbeck, Principal Consultant and DataCore Master Certified Engineer at Waterstons, details more. “The Evergreen infrastructure needed to be flexible for future growth. They also wanted SAP HANA Tailored Data Centre Integration (TDI) – an alternative approach of deploying SAP HANA giving flexibility in the selection of the hardware components for server and storage virtualisation. DataCore’s software-defined stance matched their flexibility needs and offered a hybrid approach whilst boosting performance. It was proven, certified for SAP HANA and effortlessly capable of synchronously mirroring within the hosted data centre, and asynchronously replicating to Evergreen’s Disaster Recovery site in France.”

With SAP HANA TDI centre stage in the install and a tight deployment schedule, SANsymphony had to quickly prove in testing that it could support the storage requirements of the VMware virtualised server farm and SAP HANA HWCCT KPIs, straight off the bat. It did, and more beside. Critical, as even though HANA is an in-memory database, it still relies on the performance of underlying storage for all database write operations. The solution was deployed as a three tiered, continuously available solution with DataCore’s SANsymphony automatically allocating data blocks to the most appropriate and latest generation hardware, Tier 1 NVMe read intensive, ultra fast response, enterprise class SSDs. Followed by Tier 2, Generously served Flash and lastly, Tier 3 SAS drives for the less frequently accessed data.

Simon contemplated, “Operating internationally from Australia to Europe, Evergreen are constantly trading and processing using their SAP ERP system so 24×7 fast access is required. Latest technologies were included in the Evergreen rollout, including NVMe (non-volatile memory express) and SSDs equipped to boost bandwidth and reduce latency. We complement DataCore’s software with NVMe to auto assign the hottest, most valued data blocks to this prized storage while increasing performance further still through Parallel I/O.”

Steve Williams, Interim CIO comments, “We were committed to developing an in-memory system to increase our performance capabilities, but we knew that we needed an equally highly performant underlying solution to apportion the data to these technology advances. To achieve that, we relied on the power of the software to auto migrate data to the most appropriate storage and boost it through parallel caching.”

Just 12 months after the sale from the parent company and faced with an aggressive transition and enablement plan, Evergreen boast a fully functioning, optimised always-on infrastructure that worked from the get-go to support SAP HANA, ingested data from Scotts Miracle Grow and other business critical applications. Evergreen management firmly believe that processes can only be improved if decisions are made in real-time, accessing data and applications without delay. This constant state of high availability has made Evergreen systems and data secure and durable in this vital transition time. Planning for a disaster scenario is also enabled with an asynchronously connected DR site in Lyon, France.

Steve concludes, “With divestment timescales as tight as we faced, we needed a tried and tested system that would work first time and would gain the necessary SAP accreditations. We found that in DataCore. Given our change success, we escalated the role of IT from being a supporting partner to a fundamental business enabler that exceeded timescales, performance and availability needs and using software as the key, we future-proofed the journey for future growth.”

The full Evergreen story can be accessed here: https://www.datacore.com/document/evergreen-garden-care-case-study/

About DataCore
DataCore maximizes the availability, utilization and performance of shared storage assets, current and future, through a comprehensive set of layered data services. Unlike alternatives that limit choices, DataCore’s software suite spans diverse brands, models, access methods and deployment styles to match specific use cases, personal preferences and budget constraints. Thousands of enterprises, large and small, across the globe affirm its enduring value in the face of continuing expansion and technology modernization.

The software is licensed perpetually by terabytes. It comes in three options tailored for high-end, midrange and secondary storage applications. The licenses may be configured in hyperconverged, conventional SAN and hybrid modes both on-premises and in the cloud.

A customized subscription program is available for Cloud Service Providers.

Visit http://www.datacore.com or call (877) 780-5111 for more information.

DataCore, SANsymphony and the DataCore logo are trademarks or registered trademarks of DataCore Software Corporation. Other DataCore product or service names or logos referenced herein are trademarks of DataCore Software Corporation. All other product and service names mentioned are the trademarks of their respective companies.

About Waterstons
Waterstons is a Business and IT consultancy headquartered in Durham with offices in London and Glasgow. Sector focussed and consultancy led, Waterstons works with a variety of clients and industries across the UK providing creative technology based solutions to improve business performance and increase competitive advantage. Established in 1994, Waterstons have developed and grown on the basis of core principles, trust, integrity and outstanding customer services.

For local media & PR inquiries:
Sharon Munday
On Your Case Ltd
+44 23 311 4100
sharon.munday@datacore.com

Source: DataCore

 

 

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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.

 

 

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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

 

 

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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

 

 

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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

 

 

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– 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

 

 

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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.

 

 

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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.

 

 

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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

 

 

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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.

 

 

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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

 

 

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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

 

 

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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.


Photo: Bertrand Yansouni, VP of Worldwide Channel (L) and Randy Schirman, VP of Service Providers at Rubrik (R)

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

 

 

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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

 

 

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  • 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

 

 

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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

 

 

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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

 

 

 

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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

 

 

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