SAN MATEO, CA – September 18, 2024 — / Backlup[Review.info / — Cloudian, the global leader in secure S3-compatible AI data lake platforms, is pleased to announce the appointment of Mike Canavan as Worldwide Vice President of Sales. In this key leadership position, Mike will oversee Cloudian’s global sales strategy, driving revenue growth, customer engagement, and leading all field operations across the worldwide sales team.
Photo: Mike Canavan
Mike brings a wealth of experience and a proven track record of success in global sales leadership. Prior to joining Cloudian, Mike served as Global Vice President of Sales for the Emerging Solutions Business at Hitachi Vantara, where he was instrumental in driving sales strategy and revenue growth for innovative technologies. Additionally, Mike led global sales for Pure Storage’s FlashBlade business, significantly expanding its market share and revenue.
Most recently, Mike headed Americas sales at Model9, a cloud-based data management company, where his leadership drove substantial growth, ultimately leading to the company’s acquisition by BMC.
“We are thrilled to welcome Mike to the Cloudian team,” said Michael Tso, CEO of Cloudian. “As we accelerate our growth in AI-ready data management, Mike’s deep expertise in driving global sales and his proven success across various technology sectors make him the perfect fit to lead our sales strategy. With Mike at the helm, we are well-positioned to capitalize on the growing demand for our AI storage solutions and to further strengthen our position as a leader in AI data management.”
“I am thrilled to join Cloudian at such an exciting and transformative time for the company,” said Mike Canavan, Worldwide Vice President of Sales. “With AI and machine learning now driving innovation across industries, Cloudian’s AI-optimized storage solutions are perfectly positioned to help our customers unlock the full potential of their data and accelerate their progress on the AI journey.”
About Cloudian
Cloudian is the leading provider of secure S3-compatible AI data lake platforms. Offering military-grade security, infinite scalability, and seamless cloud integration, Cloudian’s AI-ready data lake optimizes data access, meets data sovereignty requirements, and reduces costs by consolidating information into a single, cloud-like storage platform. Cloudian’s geo-distributed architecture manages and protects object and file data at the edge, core, and cloud for both traditional and modern applications. Learn more at www.cloudian.com
Company Contact
Jon Toor
mediainquiries@cloudian.com
Source: Cloudian
18 Sep
SEATTLE, WA – September 18, 2024 — / BackupReview.info / — Veeam® Software, the #1 leader by market share in Data Resilience, is excited to announce the appointment of Niraj Tolia as Chief Technology Officer (CTO). Tolia joins Veeam following the acquisition of Alcion, a security-first, AI-driven data management startup he co-founded with Vaibhav Kamra. The co-founders, along with the Alcion team, bring a unique blend of technical acumen and deep familiarity with Veeam’s culture and vision.
Photo: Niraj Tolia
In his new role, Tolia will spearhead the product strategy and engineering efforts for the Veeam Data Cloud (VDC), which expands Veeam’s industry-leading data resilience solutions into a powerful, flexible suite of services. Working closely with Anton Gostev, Veeam’s Chief Product Officer (CPO), Tolia will ensure customers continue to benefit from Veeam’s unrivalled innovation in data resilience. Alcion’s team will join Veeam immediately.
“Niraj is one of those rare individuals who not only understands where the market is headed but also possesses the skills and vision to bring that future to life for our customers,” said Anand Eswaran, CEO at Veeam. “He has already demonstrated this with the creation of Kasten, which has become the #1 solution for Kubernetes data resilience since being acquired by Veeam in 2020. His proven track record, combined with the explosive growth of Veeam Data Cloud – the fastest growing product in Veeam’s history – creates a tremendous opportunity for Veeam to redefine the market once again for data resilience.”
Tolia is uniquely positioned for success at Veeam, having already built an industry-leading solution with Kasten. As co-founders of both Kasten and Alcion, Tolia and Kamra’s combined expertise in data management and cloud-native technologies, coupled with a deep understanding of Veeam’s strategic direction and culture, will be invaluable in driving innovation forward.
“Everything starts with the customer,” said Niraj Tolia. “In our digital world, protecting data and ensuring its resilience against threats and outages is more critical than ever. Combining Alcion’s AI and security capabilities with the robust power of Veeam Data Cloud gives us an extraordinary opportunity to enhance our solutions and reinforce Veeam’s leadership in Data Resilience.”
A serial entrepreneur, Tolia previously founded Kasten and served as the General Manager of the Veeam Kasten for Kubernetes business unit. Before founding Kasten, Tolia led product development at Maginatics, a startup acquired by Dell EMC’s Data Protection Group. Tolia holds a Ph.D., M.S., and B.S. in Computer Engineering from Carnegie Mellon University.
Join Tolia, Gostev, and other leaders at VeeamON Data Resilience Summit, taking place virtually on Oct. 1 in EMEA and the Americas and Oct. 2 in Asia. Event attendees will discover how organizations of all sizes can ensure their data remains secure, protected, and accessible. Register now for free at https://www.veeam.com/veeamon-data-resilience-summit.
About Veeam Software
Veeam®, the #1 global market leader in data resilience, believes every business should be able to bounce forward after a disruption with the confidence and control of all their data whenever and wherever they need it. Veeam calls this radical resilience, and we’re obsessed with creating innovative ways to help our customers achieve it.
Veeam solutions are purpose-built for powering data resilience by providing data backup, data recovery, data freedom, data security, and data intelligence. With Veeam, IT and security leaders rest easy knowing that their apps and data are protected and always available across their cloud, virtual, physical, SaaS, and Kubernetes environments.
Headquartered in Seattle with offices in more than 30 countries, Veeam protects over 550,000 customers worldwide, including 74% of the Global 2000, that trust Veeam to keep their businesses running. Radical resilience starts with Veeam. Learn more at www.veeam.com or follow Veeam on LinkedIn @veeam-software and X @veeam.
Veeam Contact:
Veeam Software
Director, Global Public Relations
Heidi Monroe Kroft, 614-339-8200 x8309
Source: Veeam
CAMPBELL, Calif. – Sept. 18, 2024 — / BackupReview.info / — Komprise, the leader in analytics-driven unstructured data management and mobility, announces that the company has been named a Finalist for AI Deployment by The A.I. Awards. This new awards program launched earlier this year by established cloud computing awards body The Cloud Awards, recognizes excellence and innovation in the use or development of cloud artificial intelligence technologies and machine learning.
The program features a wide range of categories and received entries from organizations of all sizes worldwide, including North America, across Europe, the Middle East, and APAC.
“We’re excited to reveal the finalists of the inaugural A.I. Awards,” said James Williams, CEO of The Cloud Awards. “The program spotlights the incredible innovations taking place in the world of cloud AI all over the globe, and Komprise fully deserves its place amongst this year’s outstanding finalists.”
Komprise received recognition for the Komprise Smart Data Workflow Manager technology, which helps IT and departments prepare data for AI, and is included within the Komprise Intelligent Data Management platform. Users can create automated workflows for all the steps required to find the right unstructured data across storage assets, tag and enrich the data and send it to external tools for analysis. A second use case of Smart Data Workflow Manager is to integrate with third-party AI tools to filter and enrich the metadata of unstructured data. This speeds up the process of curating the specific data set for AI projects and through automated tagging, the data is quickly discoverable for repeat processes.
Komprise customer Duquesne University deployed Komprise Smart Data Workflow Manager with Amazon Rekognition to automate the process of discovering and tagging specific image files across its data estate, cutting the estimated time spent from 333 hours to less than two hours. Read the case study.
“AI has tremendous potential across many industries but adding structure to unstructured data and efficiently moving precise data sets to AI tools is a manual, time-consuming effort,” said Kumar K. Goswami, CEO and co-founder of Komprise. “Komprise has delivered a cost-effective, systematic workflow to index data, run AI and ML and tag data to speed AI data workflows.”
About Komprise
Komprise is a provider of unstructured data management and mobility software that frees enterprises to easily analyze, mobilize, and monetize the right file and object data across clouds without shackling data to any vendor. With Komprise Intelligent Data Management, you can cut 70% of enterprise storage, backup and cloud costs while making data easily available to cloud-based data lakes, analytics and AI tools. www.komprise.com
Media Contact:
Kevin Wolf, TGPR
kevin@tgprllc.com
Source: Komprise
News Summary:
SAN FRANCISCO, CA – September 17, 2024 –- / BackupReview.info / — Panzura has unveiled Panzura Symphony, a data services platform designed to harmonize the complexities of unstructured data with business outcomes. Panzura Symphony offers comprehensive vendor-certified data operations under a single pane of glass with support for various file system deployments and protocols, and on-premises, private, public, and hybrid cloud object storage including major providers like Amazon Web Services (AWS), Microsoft Azure, Google Cloud Platform (GCP), and Wasabi Hot Cloud Storage.
Panzura Symphony allows enterprise organizations to drive radical agility and control in their IT and data stakeholder operations. With a unified dashboard and responsive user interface, the platform enables ITOps and line-of-business leaders to perform automated, exabyte-scale data discovery and assessment, risk and compliance analysis, and dynamic data movement orchestration.
Governance and management policies can be applied in seconds for file and object data inspection to empower insights and reporting, data mobilization and archive, and workflow and AI pipeline automation integration for DevOps support. Transparent to users and applications, original namespace, security, and file metadata is preserved, providing autonomous streaming of content on demand. The result is dramatically reduced storage costs, efficient workflows, and more proactive and compliant data posture.
“Panzura Symphony brings together proven technology and Panzura’s future vision where data management meets strategy for business success,” said Dan Waldschmidt, CEO, Panzura. The platform builds on Panzura’s acquisition of Moonwalk Universal Inc. as the next generation of the former Moonwalk solution with a new and expanding tool set.
Symphony augments the data operations capabilities of Panzura Data Services, which provides data visibility, governance, and real-time access across ecosystems, and complements the functionality of Panzura CloudFS, a hybrid cloud file services platform that supports large-scale multi-site workflows for the most active data. It extends Panzura’s hybrid cloud portfolio to the next ‘ring’ of unstructured data – the other 90% of file data for which organizations need synchronous visibility and control to take full advantage of digital transformation in their own contexts.
Data Discovery and Assessment
Panzura Symphony changes the way businesses gain insights into their entire data estate. It allows teams to conduct comprehensive data discovery and assessments, providing a detailed overview of data including its structure, content, and relationships. As a result, businesses get a clear and complete picture of their data landscape and can smartly connect it to business needs and requirements.
Symphony’s unique technology, for example, allows businesses to identify cost optimization opportunities based on data volatility, temperature, file type, file size, ownership, and even metadata tags. Additionally, Panzura Symphony provides granular control at the folder, share, entire file system or bucket level, and can aggregate data across multiple file systems and object stores. This granularity ensures that actions are precise and tailored to the specific needs of an organization.
Symphony also helps streamline data placement, transformation, and restructuring to support artificial intelligence (AI) workflows and common formats for faster data analysis. Symphony is datatype-sensitive which is essential for robust AI pipeline support from data collection to model deployment.
Additional new capabilities in Panzura Symphony allow teams to aggregate storage consumption for chargebacks within their organization to ensure proper cost control by department. Moreover, it provides a RESTful application programming interface (API) for seamless integration with existing control, workflow, automation, and billing systems, enabling teams to streamline operations and enhance productivity.
Symphony supports DevOps teams through webhooks, APIs, post-run actions, and relational database integration. These features allow DevOps teams to handle large volumes of unstructured data efficiently, which is crucial in today’s data-driven world.
Risk and Compliance Analysis
As data handling, privacy, and chain of custody regulations become increasingly complex, effective data management from collection to disposal, including retention and migration, is crucial. Non-compliance can result in substantial organizational risks and severe penalties. That places enormous responsibility on Data Governance Officers, Risk and Compliance Managers, Business Analysts, and other line-of-business leaders to conduct thorough risk assessments and audits, maintain detailed documentation, and deliver accurate and timely reporting.
This is further complicated by digital transformation initiatives which can cause unpredictable data fragmentation and storage bloat. Unstructured data, much of it dark and underutilized, is swelling by 62% each year according to IDC.
“Panzura Symphony helps organizations navigate blind spots within expanding data estates. They can get compliant, stay compliant, and scale into every corner of their unstructured footprint with meticulous analysis and policy application, flawless data movement, and evidence-based reporting to stakeholders,” said Sundar Kanthadai, chief technology officer, Panzura.
Symphony scales to scan billions of files daily, providing unparalleled visibility into data demographics with detailed, sharable and exportable reports. Businesses can establish and modify policies for file and object management to meet documentation and reporting requirements and ensure transparent and automatic policy enforcement. For instance, they can route digital assets to the right location and corral data, so it complies with legal and contractual mandates.
Teams can also extend Panzura Symphony’s compliance capabilities with key integrations. For example, integration with IBM Fusion allows them to take automated, appropriate policy-driven action for handling Personally Identifiable Information (PII) and other sensitive data. This helps organizations prepare for regulatory audits and demonstrate adherence to data protection standards.
Moreover, IBM Fusion integration delivers a massively scalable data fabric, rapidly ingesting metadata and creating an enhanced business context layer for data insight and action that satisfies the needs of infrastructure, data science, and line-of-business leaders. Symphony ensures data is accurately and cost effectively categorized, making it persistent and retrievable on demand which supports compliance with regulations like GDPR and HIPAA.
Dynamic Data Movement Orchestration
In a world where data is the lifeblood of business, Panzura Symphony delivers a comprehensive approach to data management and movement. Symphony’s Dynamic Workload Placement capabilities allow ITOps and storage teams to precisely orchestrate data placement, archive, and migration to transform the data operations framework.
This uniquely enables data to be attributed and placed exactly where it needs to be, simplifying the application of complex rules. It not only enhances efficiency but also ensures data management is done swiftly and without disruption.
Furthermore, Symphony revolutionizes the way both ITOps and DevOps teams interact with unstructured data. By aligning the movement of data with business priorities, Symphony ensures the shortest time to greatest value. This is particularly beneficial for teams looking to cap primary storage and direct data to more cost-efficient options.
For storage teams, Panzura Symphony’s interoperability helps ensure visibility and seamless integration between file system deployments and diverse storage landscapes including on-premises, and private, public, hybrid, and multi-cloud object stores. It supports multiple storage tiers and offers enhanced control over data assets.
With Dynamic Workload Placement, which intelligently and automatically positions data where it is most needed, Symphony ensures that data is efficiently processed through AI pipelines, leveraging various triggers and transformation functions – such as webhooks, pre- and post-run actions – to handle different data workloads and ecosystems.
In addition to those that are AI-driven, by optimizing file and object workflows, as well as infrastructure, Panzura Symphony can contribute significant cost savings, dramatically reduce the overall storage footprint, and help lower the total cost of ownership (TCO) for storage. Streamlining and accelerating data migrations also allows enterprises to avoid being locked into specific cloud providers or hardware vendors while data remains safe and immediately accessible.
About Panzura
Panzura empowers modern enterprises to unlock the full potential of their unstructured data, aligning it with strategic business goals. Our solutions ensure data visibility, accessibility, and control, seamlessly preparing organizations for a digitally transformed, AI-driven future. With Panzura, organizations can enhance data resilience, optimize costs, and deliver data instantly to users and processes – anywhere, anytime. Discover how Panzura can drive your success at panzura.com.
Panzura is a trademark or registered trademark of Panzura LLC in the United States and/or other countries. All other trademarks, registered trademarks and/or logos are the property of their respective owners.
Contact
Thomas Morelli
+1 206 218 3984
thomas.morelli@panzura.com
Source: Panzura
SANTA CLARA, Calif. – September 17, 2024 — / BackupReview.info / — Veritas Technologies, the leader in secure multi-cloud data resilience, today unveiled new AI-driven capabilities to further expand the strength and functionality of the Veritas cyber resilience portfolio. The new innovations, including AI-powered automation and user interface enhancements, provide data protection specialists and IT generalists with intelligent, easy-to-use solutions that remove the uncertainty from cyber recovery.
Deepak Mohan, executive vice president of engineering at Veritas, said: “Data security is becoming increasingly complex, and IT teams are under mounting pressure to ensure that data is always available, with only limited resources. That’s why we’re focused on making recovery simpler, smarter and faster. With expanded AI assistance and intuitive management, we eliminate the guesswork and trial and error from the recovery process. Organizations can now bounce back from ransomware attacks quickly and confidently, minimizing business disruption.”
New enhanced user interface and AI-driven features make cyber recovery simpler, smarter and faster through the following improvements:
New Veritas Copilot features announced today will be available in October. All other capabilities will be delivered through updates to Veritas NetBackup, Veritas Alta Data Protection and Veritas Alta View, available in September.
About Veritas
Veritas Technologies is the leader in secure multi-cloud data management. Over 80,000 customers—including 91% of the Fortune 100—rely on Veritas to help ensure the protection, recoverability and compliance of their data. Veritas has a reputation for reliability at scale, which delivers the resilience its customers need against the disruptions threatened by cyberattacks, like ransomware. No other vendor can match Veritas’ ability to execute, with support for 800+ data sources, 100+ operating systems and 1,400+ storage targets through a single, unified approach. Powered by Cloud Scale Technology, Veritas is delivering today on its strategy for Autonomous Data Management that reduces operational overhead while delivering greater value. Learn more at veritas.com. Follow us on X at @veritastechllc.
Veritas and the Veritas Logo are trademarks or registered trademarks of Veritas Technologies LLC or its affiliates in the US and other countries. Other names may be trademarks of their respective owners.
PR Contact
VeritasPublicRelations@Veritas.com
Source: Veritas
17 Sep
MELVILLE, NY – Sept. 17, 2024 — / BackupReview.info / — Data Storage Corporation (Nasdaq: DTST) (“DSC” and the “Company”), a provider of diverse business continuity solutions for disaster-recovery, cloud infrastructure, cyber-security, and IT automation, today announced that its subsidiary, CloudFirst, has signed a new hosting agreement servicing a nationally ranked academic medical center, secured through one of its cloud infrastructure partners. This collaboration showcases the Company’s expertise in delivering secure and tailored cloud solutions to meet the critical needs of this healthcare institution.
The medical center required a hosting solution for their IBM servers. In collaboration with one of the company’s cloud infrastructure partners, CloudFirst was brought in to provide a fully managed IBM cloud-based service that includes ongoing system monitoring and data protection and recovery, ensuring a secure encrypted, service for the medical center’s environment.
“We’re excited to collaborate with our partner and such a respected academic medical center,” commented Hal Schwartz, President of CloudFirst. “By offering a fully managed hosting solution, we allow the medical center to focus on patient care and research. With our cloud-based solution, the medical center avoids the cost and complexity of managing hardware while gaining a secure and stable cloud solution that supports their needs and allows for future growth.”
Chuck Piluso, CEO of Data Storage Corporation, stated, “This partnership reflects our commitment to providing secure, flexible, and customized cloud solutions for the healthcare industry. We look forward to exploring additional services with this institution and further penetrating the healthcare industry.”
About Data Storage Corporation
Data Storage Corporation (Nasdaq: DTST) is a leading provider of fully managed cloud hosting, disaster recovery, cybersecurity, IT automation, and voice & data solutions. With strategic technical investments in multiple regions, DTST serves a diverse clientele, including Fortune 500 companies, in sectors such as government, education, and healthcare. Focused on the fast-growing, multi-billion-dollar cloud hosting and business continuity market. DTST is recognized as a stable and emerging growth leader in cloud infrastructure, support and the migration of data to the cloud. Our regional data centers across North America enable us to deliver sustainable services through recurring subscription agreements.
For more information, please visit www.dtst.com or follow us on Twitter @DataStorageCorp.
Safe Harbor Provision
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, that are intended to be covered by the safe harbor created thereby. Forward-looking statements are subject to risks and uncertainties that could cause actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. Statements preceded by, followed by or that otherwise include the words “believes,” “expects,” “anticipates,” “intends,” “projects,” “estimates,” “plans” and similar expressions or future or conditional verbs such as “will,” “should,” “would,” “may” and “could” are generally forward-looking in nature and not historical facts, although not all forward-looking statements include the foregoing. The forward looking statements in this press release include statements such as continuing to grow revenue and increase profitability as the Company executes on its strategic initiatives, the consolidation of the CloudFirst and Flagship subsidiaries positioning the Company to optimize operations, leverage its technical teams, realize greater efficiencies, and improve internal resource allocation, while capitalizing on extensive cross-selling and upselling opportunities among its customer networks, the two meaningful announced contracts being just the first of many such announcements that will come from the efforts of the combined organizations, having developed a robust business strategy that we will drive growth and secure sustainable profitability while maximizing long term value for shareholders and providing meaningful updates to shareholders as developments unfold. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that such expectations will prove to have been correct. These forward-looking statements are based on management’s expectations and assumptions as of the date of this press release and are subject to a number of risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include the Company’s ability to execute and advance its growth strategies. These risks should not be construed as exhaustive and should be read together with the other cautionary statements included in the Company’s Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it was initially made. Except as required by law, the Company assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, changed circumstances or otherwise.
Contact:
Crescendo Communications, LLC
212-671-1020
DTST@crescendo-ir.com
Source: Data Storage Corporation
17 Sep
Holmdel, NJ – Sept. 17, 2024 — / BackupReview.info / — Cyber resilience company Index Engines today announced two results-driven executives have joined the company’s team, Neil DiMartinis as Chief Revenue Officer (CRO) and Jim Clancy as an Advisory Board member.
DiMartinis, previously President of Cutting Edge Technologies, and Clancy, formerly President of Global Storage Sales at Dell Technologies, will both play pivotal roles in driving Index Engines’ next phase of organizational growth, creating new relationships and spearheading the company’s channel expansion with new strategic partners.
“We are thrilled to welcome both Neil DiMartinis and Jim Clancy to our leadership team,” said Tim Williams, Founder and CEO of Index Engines. “Their complementary depth of experience in the storage channels will further accelerate our growth and customer success.”
Index Engines’ growth and increased demand for its CyberSense® product have been driven by the rise of ransomware, which is up 95% in the last year, costing organizations millions in ransoms, data loss, downtime, and reputation.
With a distinguished career spanning over two decades in technology, DiMartinis has held key leadership roles at major companies such as Dell Technologies, Symantec, NetApp, and EchoStor Technologies. Before joining Index Engines, he was the President of Cutting Edge Technologies, where he spearheaded innovative solutions for the rapidly evolving IT landscape.
“I am honored to be part of this remarkable organization, where the technology, the talent, and the strategic vision are unparalleled,” DiMartinis said. “In today’s volatile security environment, ensuring the integrity of your data is critical. Organizations must trust that in the event of an attack, they can recover swiftly and get back to business with minimal disruption.”
“CyberSense offers that assurance, providing a powerful shield against the devastating impact of cyber threats. Without this capability, companies are not just vulnerable—they are risking their very survival.”
As a dynamic sales leader and advisor in the data protection software sector, Clancy has partnered with early-stage companies, offering tailored go-to-market strategies and comprehensive coaching. His career includes roles such as President of Global Storage Sales and Senior Vice President of Global Sales for Dell EMC’s Data Protection Solutions.
Strategically, Clancy also served as a visionary, transforming Dell EMC’s Specialty Division into the industry-leader within the data protection SaaS, cyber recovery, and multi-cloud markets and was instrumental in driving the partnership with Index Engines.
Under his guidance, the division achieved record growth, reflecting his expertise in innovative solutions and market expansion. With a passion for driving sales, Clancy continues to inspire organizations and teams to excel and deliver extraordinary results.
“Having collaborated with Index Engines for many years during my tenure at Dell, I have consistently been impressed by their cutting-edge technology and unwavering commitment to customer satisfaction,” Clancy said. “Index Engines stands as the market leader and the most trusted name in smarter recovery. Joining the advisory board, I am thrilled to contribute to their continued growth and help propel the company to new heights.”
About Index Engines
Index Engines is the world’s leading AI powered analytics engine to detect data corruption due to ransomware. The company’s CyberSense® product empowers organizations to detect ransomware and data corruption and facilitate rapid recovery from attacks. CyberSense is the last line of defense for thousands of organizations worldwide.
To find out more visit: https://www.indexengines.com/
PR Contact:
Lauren Mcauley
Account Executive
Smart Connections PR
lauren@smartconnectionspr.com
Source: Index Engines
REDWOOD CITY, CA – September 16, 2024 — / BackupReview.info / — Box, Inc. (NYSE:BOX), the leading Intelligent Content Cloud, today announced that it intends to offer, subject to market conditions and other factors, $400 million aggregate principal amount of convertible senior notes due 2029 (the “notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Box also intends to grant the initial purchasers of the notes an option to purchase up to an additional $60 million aggregate principal amount of the notes.
The notes will be general senior, unsecured obligations of Box and will accrue interest payable semiannually in arrears. The notes will mature on September 15, 2029, unless earlier converted, repurchased or redeemed. The notes will be convertible into cash up to the aggregate principal amount of the notes to be converted and cash, shares of Box’s Class A common stock (“common stock”), or a combination of cash and shares of Box’s common stock, in respect of the remainder, if any, of Box’s conversion obligation in excess of the aggregate principal amount of the notes being converted, at Box’s election. The interest rate, initial conversion rate and other terms of the notes will be determined at the time of pricing of the offering.
Box expects to use a portion of the net proceeds from the offering to pay the cost of the capped call transactions described below. Box also intends to use a portion of the net proceeds from this offering for the repurchase of a portion of its outstanding 0% Convertible Senior Notes due 2026 (the “2026 Notes”). Box intends to use the remainder of the proceeds from this offering for working capital and other general corporate purposes, such as the repurchase or repayment of debt, repurchases of its capital stock and potential acquisitions.
In connection with the pricing of the notes, Box expects to enter into capped call transactions with one or more of the initial purchasers and/or their respective affiliates and/or other financial institutions (the “option counterparties”). The capped call transactions are expected generally to offset the potential dilution to Box’s common stock upon any conversion of notes and/or any cash payments Box is required to make in excess of the principal amount of converted notes, as the case may be, with such offset subject to a cap. If the initial purchasers exercise their option to purchase additional notes, Box expects to enter into additional capped call transactions with the option counterparties.
Box has been advised that, in connection with establishing their initial hedges of the capped call transactions, the option counterparties or their respective affiliates may enter into various derivative transactions with respect to Box’s common stock and/or purchase shares of Box’s common stock concurrently with or shortly after the pricing of the notes. This activity could increase (or reduce the size of any decrease in) the market price of Box’s common stock or the notes at that time.
In addition, Box has been advised that the option counterparties or their respective affiliates may modify their hedge positions by entering into or unwinding various derivatives with respect to Box’s common stock and/or purchasing or selling Box’s common stock or other securities of Box in secondary market transactions following the pricing of the notes and prior to the maturity of the notes and are likely to do so in connection with any early conversion, repurchase or redemption of the notes to the extent Box unwinds a corresponding portion of the capped call transactions, or if Box otherwise unwinds all or a portion of the capped call transactions, and on each exercise date for the capped call transactions. This activity could also cause or prevent an increase or a decrease in the market price of Box’s common stock or the notes, which could affect a noteholder’s ability to convert the notes and, to the extent the activity occurs during any observation period related to a conversion of notes, affect the amount and value of the consideration that a noteholder will receive upon conversion of its notes.
Box also expects in connection with the repurchase of a portion of its 2026 Notes, those holders of the 2026 Notes that sell their 2026 Notes to Box may enter into or unwind various derivatives with respect to Box’s common stock and/or purchase shares of Box’s common stock concurrently with or shortly after the pricing of the notes. In particular, Box expects that many holders of the 2026 Notes employ a convertible arbitrage strategy with respect to the 2026 Notes and have a short position with respect to Box’s common stock that they would close, through purchases of Box’s common stock, in connection with Box’s repurchase of the 2026 Notes. This activity could increase (or reduce the size of any decrease in) the market price of Box’s common stock, which may also affect the trading price of the notes at that time, and could result in a higher effective conversion price for the notes. The initial conversion price for the notes will be determined based on the last reported sale price of Box’s common stock per share on the New York Stock Exchange on the day of pricing of the offering.
In connection with the issuance of its 2026 Notes, Box entered into capped call transactions (the “existing capped call transactions”) with certain financial institutions (the “existing capped call counterparties”). If Box repurchases any of the 2026 Notes, Box expects to enter into agreements with the existing capped call counterparties to terminate a portion of the existing capped call transactions corresponding to any principal amount of the 2026 Notes repurchased. In connection with the termination of any of these transactions, Box has been advised that the existing capped call counterparties or their respective affiliates expect to sell shares of Box’s common stock and/or unwind various derivatives with respect to Box’s common stock to unwind their hedge in connection with those transactions. Such activity could decrease, or reduce the size of any increase in, the market price of Box’s common stock.
The offer and sale of the notes, and any shares of Box’s common stock potentially issuable upon conversion of the notes, have not been, and will not be, registered under the Securities Act or any state securities laws and, unless so registered, may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and other applicable securities laws.
This press release is neither an offer to sell nor a solicitation of an offer to buy any securities, nor shall it constitute an offer, solicitation or sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.
About Box
Box (NYSE:BOX) is the leading Content Cloud, a single platform that enables organizations to fuel collaboration, manage the entire content lifecycle, secure critical content, and transform business workflows with enterprise AI. Founded in 2005, Box simplifies work for leading global organizations, including AstraZeneca, JLL, Morgan Stanley, and Nationwide. Box is headquartered in Redwood City, CA, with offices across the United States, Europe, and Asia. Visit box.com to learn more. And visit box.org to learn more about how Box empowers nonprofits to fulfill their missions.
Contacts
Investors:
Cynthia Hiponia/Elaine Gaudioso
ir@box.com
Media:
Kait Conetta
press@box.com
Source: Box
16 Sep
Atlanta, Georgia – September 16 2024 — / BackupReview.info / — BDRSuite by Vembu is excited to make its presence in the upcoming Channel Partners MSP Summit, Booth 405 scheduled to take place in Georgia World Congress Center, Atlanta, Georgia from September 16 -19, 2024.
Exclusive Discount to Get Your FREE MSP Summit Expo PASS:
BDRSuite offers an exclusive opportunity to visit the Channel Partners MSP Summit for FREE. Register using the promo code “BDRSUITE” to claim your Free Expo Pass. Additionally, you will also get discounts on Summit and All Access Passes.
Click on this registration link https://fthr-content.themspsummit.com/msp-summit-2024-youre-invited-bh to reserve your spot today.
About BDRSuite – #1 Cost-Effective Backup Software:
BDRSuite by Vembu stands as the most cost-effective and comprehensive backup and disaster recovery software tailored to meet the diverse data protection requirements of Businesses and Service Providers. BDRSuite is designed to protect data across wide range of IT workloads Virtual environments (VMware, Hyper-V, KVM,Proxmox and Ovirt), Servers (Windows, Linux, FileShare/NAS), Endpoints (Windows, Linux, Mac), Cloud (AWS, Azure), SaaS applications (Microsoft 365, Google Workspace), and Applications & databases (Microsoft Exchange Server, SharePoint, SQL Server, MySQL, PostgreSQL, Oracle).
About MSP Summit:
#1 MSP Conference of 2024 happening in Atlanta to shape the future of managed services practice. MSP Summit, the largest channel event globally, brings together Channel Leaders, VARs, MSPs, Cloud Providers, Integrators, Consultants, Agents, business leaders from the IT channel, and tech vendors. This event is a hub for networking opportunities to foster partnerships, explore growth opportunities, showcase products/solutions, gain knowledge and valuable connections that will undoubtedly benefit your business.
Here’s a sneak peek of what’s waiting for you at MSP Summit from the BDRSuite Team:
Get ready for an immersive experience at booth 405! Connect with the dynamic BDRSuite team, featuring Nagarajan Chandrasekaran, Vice President of Product Success, and Ravishankaar Sampath, Director of QA & DevOps. Come by BDRSuite’s booth 405 to explore the power of BDRSuite’s tailor-made Channel Program, designed to unlock new opportunities for growth and profitability.
Dive deep into exclusive partner benefits, comprehensive resources and discover how BDRSuite’s cost-effective backup solutions can elevate service portfolios, equipping partners with a competitive edge in the market. But that’s not all! Don’t forget to collect some exclusive swag items as a token of appreciation.
Ravishankaar Sampath, Director of QA at Vembu Technologies, shares his excitement about BDRSuite’s participation at the MSP Summit: “Visit us at Booth 405 to explore tailor-made partnership programs meticulously crafted for Managed Service Providers (MSPs) and Channel Partners. These programs are not just about partnerships but about fostering growth and prosperity together. We understand the unique challenges and opportunities that partners face, and our programs are geared toward providing the necessary tools and resources for success. Whether you’re looking to expand your service portfolio, enhance your market competitiveness, or forge stronger alliances, BDRSuite has something interesting in store for you.”
Mark your calendars and seize the opportunity to learn, connect, and explore our unique data backup solutions.
Register now https://fthr-content.themspsummit.com/msp-summit-2024-youre-invited-bh using the promo code “BDRSUITE” to claim your Free MSP Summit Pass.
As we showcase our cost-effective backup solutions at the MSP Summit, we eagerly waiting to engage with Channel leaders, forge new partnerships, & discuss about data backup solution and protection strategies.”- Nagarajan Chandrasekaran, VP of Product Success, Vembu Technologies
About BDRSuite
BDRSuite by Vembu offers comprehensive and cost-effective Backup and Disaster Recovery software tailored to meet the diverse data protection requirements of Businesses and Service Providers. BDRSuite provides robust backup solutions for a wide range of IT workloads, including virtual machines, servers, endpoints, SaaS applications, cloud VMs, NAS/File Shares, and databases & applications. It offers the flexibility to store backups anywhere and centrally manage the entire backup infrastructure.
BDRSuite is designed to help businesses keep their data secure and ensure it is easily recoverable in the event of data loss or ransomware attacks. With BDRSuite, businesses can achieve reliable data protection and ensure business continuity – all at an affordable price.
PR Contact:
Vembu Technologies
California
4141 Hacienda Drive,
Pleasanton, CA 94588
Contact no : +1 5129601319
Contact email – vembu-marketing@vembu.com
Source: Vembu Technologies, Inc.
13 Sep
SANTA CLARA, Calif. – September 12, 2024 — / BackupReview.info / — Druva, the leading provider of data security, today announced the launch of Dru Investigate, a gen AI-powered tool that guides data security investigations using a natural language interface. With Dru Investigate, users across IT, security, legal, and privacy teams can swiftly identify and mitigate data risks, without needing to write complicated queries. Built on Amazon Bedrock, an AWS service to easily build and scale generative AI applications with foundation models, Dru Investigate leverages Druva’s insights from protected data to streamline cyber and legal investigations.
Data is increasingly at risk, and customers frequently conduct thorough investigations to understand the extent and impact of threats to their data. When investigating an incident to contain and remediate a threat, security teams need to understand complex attack patterns, such as malware gestation, score, and sprawl – the answers to which all lie in the data and systems. Additionally, legal and privacy teams need to understand sensitive data protections and potential employee misconduct such as intellectual property theft or fraud. Unfortunately, it’s difficult to uncover these insights because it requires security teams to understand applications and build complex search queries across disparate data sources before they can analyze data for insight.
Dru Investigate is designed to empower users to investigate potential data risks with natural language queries so they can quickly understand their data – even guiding them when they do not know what to look for. When used, this AI-enabled capability significantly streamlines and simplifies investigative processes and drives faster outcomes, whether remediating and recovering from a threat or upholding rigorous data compliance.
“During cyber investigations, security teams know what data they need, but often don’t know where to find it – while IT teams know their data but not what the security team needs,” said Stephen Manley, CTO of Druva. “Druva connects these teams with the insight and centralized access to the right data at the right time. Built on Druva’s experience helping customers respond to incidents, Dru Investigate helps guide teams through investigating and analyzing protected data using a natural language interface so customers can take action sooner to remediate and recover from threats.”
“Druva is driving AI innovation with the power of the AWS cloud and Amazon Bedrock,” said Baskar Sridharan, vice president of AI and Infrastructure at AWS. “Dru Investigate is an ideal, real-world example of how AI can tangibly and positively impact organizations and people today, across a wide range of functions. Advanced cyber threats necessitate AI-driven response, and we’re proud to partner with Druva to bring intelligence to data security.”
Threat Investigation with Natural Language Queries
With AI and natural language processing capabilities, Dru Investigate simplifies data investigations, dramatically accelerating decision-making and facilitating collaboration in high-pressure situations.
With the initial release of Dru Investigate, users can analyze the genesis, scope, and impact of cyber threats, even when they don’t know where to look. Dru Investigate empowers customers to:
Built on Amazon Bedrock, Druva’s suite of Dru AI products are designed to keep data secure. Dru AI products do not access or learn from customer data, which is encrypted on the Druva platform and is not shared with any third parties. Designed with isolated large language models (LLMs) and private Retrieval-Augmented Generation (RAG), Dru Investigate ensures secure analysis and works exclusively with an organization’s metadata to safeguard its sensitive information.
This AI innovation follows an announcement last month introducing Dru Assist, an AI-powered support system that actively addresses key customer needs. More than just answering queries, Dru Assist anticipates user needs and delivers instant solutions to provide the best customer experience.
“Dru Investigate exemplifies the power of AI – it streamlines the investigation process to find, analyze, and mitigate data risk,” said Bill Teeple, Director of IT at NeuroPace, a medical device company focused on transforming the lives of people living with epilepsy. “Rather than building complex search queries, simply being able to just ask questions and instantly access insights will save a lot of time and speed up decision-making. Data lives everywhere and is constantly being generated, and I see Dru Investigate speeding up my ability to analyze and act on critical data.”
“The race is on for the deployment of AI in data protection and cyber recovery applications,” said Phil Goodwin, research vice president, IDC. “While the industry is full of hype, we believe IT organizations will take a very practical approach to adopting AI. Most commonly, this will be specific use cases delivered by vendors as enhancements to their solutions. Druva’s Dru AI copilot is an example of such an approach that will help ITOps and SecOps teams with faster, more accurate cyber detection and response.”
Druva hosts and manages all infrastructure for the AI models in its Data Security Cloud, without requiring additional infrastructure from customers. Dru Investigate is now available to all customers at no extra cost.
To learn more about how Dru Investigate can simplify cyber investigations, please visit the website.
About Druva
Druva is the leading provider of data security solutions, empowering customers to secure and recover their data from threats. The Druva Data Security Cloud is a fully managed SaaS solution offering air-gapped and immutable data protection across cloud, on-premises, and edge environments. By centralizing data protection, Druva enhances traditional security measures and enables faster incident response, effective cyber remediation, and robust data governance. Trusted by over 6,000 customers, including 65 of the Fortune 500, Druva safeguards business data in an increasingly interconnected world. Visit druva.com and follow us on LinkedIn, Twitter, and Facebook.
Media Contact:
Alex CardenasSr. Manager, Marketing CommunicationsDruva Inc.
1-888-821-0592
alex.cardenas@druva.com
Source: Druva, Inc.
Sparks, NV – September 12, 2024 — / BackupReview.info / — NAKIVO Inc., a fast-growing software company for protecting physical, virtual, and cloud environments, has announced today that the Institute of Earth Sciences has selected NAKIVO Backup & Replication to protect their environment.
The primary mission of the Institute of Earth Sciences is to advance earth sciences in Georgia by implementing cutting-edge research methods and introducing state-of-the-art scientific technologies and equipment. This initiative spans multiple fields crucial to Georgia’s sustainable development within the natural environment.
The institute’s infrastructure operates on VMware, utilizing 6 physical servers and 15 virtual machines located in a single facility. The institute predominantly relies on Linux-based operating systems, specifically Ubuntu, and employs seismic wave acquisition tools like Seiscomp for automatic earthquake location. Additionally, the institute relies on SQL databases and internally developed web pages that archive comprehensive earthquake information.
Seismic data is of paramount importance and requires continuous backup as raw data. This ensures accessibility for ongoing and future scientific research. Interruption of this data can halt institute operations and impede scientific discoveries.
Previously, the institute used custom Python scripts for manual backup tasks. Recognizing the need for a more efficient solution, the IT team conducted thorough research to identify cost-efficient, reliable, and user-friendly backup software. Key criteria included the capability to manage increasing data volumes and automate VM backups to maintain data integrity and security.
Following a rigorous testing and evaluation phase, NAKIVO Backup & Replication was chosen to safeguard the virtual environment at the Institute of Earth Sciences. The solution was successfully deployed on a cluster, using a QNAP NAS for backup operations. Installation and setup were remarkably swift, requiring less than an hour for completion. The intuitive web interface ensures that any member of the IT team can proficiently manage the solution without difficulty.
Implementing NAKIVO Backup & Replication on the QNAP NAS offers numerous advantages. The product consolidates data backup, recovery, storage, and deduplication capabilities onto a single device, simplifying management across multiple environments via a unified web interface.
“We perform incremental backups daily and a full backup weekly. NAKIVO Backup & Replication completed a 1.2 TB backup in just 35 minutes,” says Albert Buzhaladze, an IT engineer at the Institute of Earth Sciences. Leveraging native change tracking technology, incremental backups efficiently capture only changed data blocks, accelerating the process while minimizing storage requirements. “In addition, compression and deduplication have significantly reduced our storage consumption,” says Albert.
NAKIVO Backup & Replication ensures responsive technical support through multiple channels including chat, email, and phone. “I have encountered support from various providers, but NAKIVO’s stands out. They are exceptionally fast, dedicated to customer satisfaction, and resolve issues swiftly,” says Albert.
Previously, the Institute of Earth Sciences depended on custom scripts for manual backups, which monopolized the IT team’s entire workday. Transitioning to NAKIVO Backup & Replication allowed the institute to automate their backup processes, significantly enhancing the success rate of completed backups and drastically reducing administration time.
“NAKIVO Backup & Replication saved us 100% of our time,” says Albert. “Now, we can redirect our focus to other critical tasks because we trust that the product reliably performs its functions. We have achieved comprehensive protection for our critical data and the ability to encrypt data during backup adds an extra layer of security.”
This transition has empowered the Institute of Earth Sciences to streamline operations, ensuring continuous data protection, while freeing up valuable IT resources for strategic initiatives.
RESOURCES
About the Institute of Earth Sciences
The top priority of the Institute of Earth Sciences is to ensure the maximum involvement of the students of Ilia State University (ISU), as well as other higher education institutions of Georgia in the research process. The institute also aims to pass down to future generations the knowledge and experience acquired by scientists in the field of earth sciences and create any material and technical databases necessary for this purpose, as well as improve working conditions for the employees. For more information, visit www.ies.iliauni.edu.ge
ABOUT NAKIVO
NAKIVO is a software vendor dedicated to delivering the ultimate backup, ransomware protection and disaster recovery solution for virtual, physical, cloud and SaaS environments. Over 28,000 customers in 183 countries trust NAKIVO to protect their data, including major companies like Coca-Cola, Honda, Siemens and Cisco.
Visit Nakivo at: www.nakivo.com
Follow on Twitter: @NAKIVO
Connect on Facebook: www.facebook.com/NakivoInc
Join on LinkedIn: www.linkedin.com/company/nakivo
PR Contact:
Sasha Tolkachova, PR Manager
sasha.tolkachova@nakivo.com
+1 416 845 3381
+380 667524448
Source: Nakivo
BOSTON, MA – September 13, 2024 — / BackupReview.info / — EditShare, a leader in collaborative media workflow solutions, is set to redefine media storage at IBC2024 with the launch of the Ultimate EFS Series, the next-generation storage platform.
EditShare has long been renowned for its robust storage nodes and networks, powered by its proprietary, media-aware EFS file system. At IBC2024, the company will introduce an entirely new portfolio of storage devices designed to simplify and lower the cost of building shared collaborative storage. Whether a facility needs 32TB or more than half a petabyte in a single node, EditShare’s scalable solution can expand beyond 15 petabytes within a single namespace.
The Ultimate Series will be available in 2U, 3U, and 4U form factors, alongside a portable field unit for enhanced remote flexibility. The EFS 210, EFS 310, and EFS 410 nodes cater to a wide range of users, from boutique post-production houses to national broadcasters with mission-critical playout needs. The Ultimate Field portable unit, built on the latest NVMe architecture, delivers exceptional bandwidth on location and features integrated SwiftSync technology for secure, high-speed transfer of dailies to global EFS facilities.
Leveraging the latest advancements in technology and resource management, these storage nodes come at unprecedented price points, bringing the power of EFS to a broader audience. The new nodes also integrate with existing EditShare deployments and will come bundled with FLOW asset management, ARK LTO tape archival platform and MediaSilo review and approval tools.
“From the beginning, our mission has been to equip media professionals with practical, powerful, and cost-effective tools,” said Tara Montford, Co-Founder and EVP of Sales at EditShare. “The innovations we’re launching at IBC give users more power, speed, and capacity without sacrificing security—all at a price point that’s truly groundbreaking.
“With these advances, we’re delivering a revolution in content and workflow management that empowers the creative industry to do what they do best: tell great stories,” Montford added.
As well as the new storage architecture and devices, EditShare will be showcasing the latest versions of its software solutions, including EFS, FLOW, MediaSilo and screeners at IBC2024.
Demonstrations will also feature EditShare FLEX and FLEX Sync, now adding simple cloud storage architectures and the ability to sync with services like Amazon S3, Wasabi and Backblaze.
Find EditShare on stand 7.A35 at IBC2024 and at www.editshare.com
About EditShare
EditShare is an Emmy Award-winning technology leader, supporting storytellers through collaborative media workflows across on-premise, cloud and hybrid architectures. It offers scalable storage and collaboration for media businesses and at every stage of the video production process from storyboarding to screening.
The software is inherently open, encouraging workflow collaboration, third-party integrations and content sharing across the entire production chain. Where required, the software is backed by high performance, high availability designed specifically for the demands of media storage, management and delivery. The comprehensive offering covers multi-level content storage for production and post, along with innovative asset and workflow management software, plus specialized and highly valued tools for content review and distribution, the creation of customized and branded pitch reels, and secure preview of high-value pre-release content.
©2024 EditShare LLC. All rights reserved. EditShare® is a registered trademark of EditShare.
Company Contact
Katharine Guy
katharine.guy@editshare.com
Manor Marketing (Consultants) Ltd.
press@manormarketing.tv
Source: EditShare
12 Sep
BOSTON and TOKYO – Sept. 11, 2024 — / BackupReview.info / — Wasabi Technologies, the hot cloud storage company, today announced Khara Inc., a motion picture production company based in Japan and creator of the popular Evangelion anime series, has selected Wasabi as its cloud storage provider, moving its operations and 500 TB of archival data from on-premises to the cloud. Wasabi provides low-cost, high-performance cloud storage that will reduce management and operation costs by an estimated 80% for Khara, allowing the company’s systems department to focus on the more essential system planning and management tasks.
“A major advantage of Wasabi cloud storage is that it frees us from frequent HDD failures and hardware replacements, allowing us to concentrate on system administration work,” said Kazuki Misawa, Chief System Engineer, Khara, Inc. “Repeated failures with our hardware increased the risk of losing irreplaceable data and the fear of this happening kept me awake at night as the large amount of data in each hard disk made replacement a nerve-wracking chore and replacing and rebuilding data on a single disk would often take one or two weeks. With Wasabi’s cloud storage, the infrastructure cost is comparable to the existing system, and the management and operation cost will be reduced by about 80%. It is very significant that we can focus on our core system management tasks without having to deal with HDD failures and hardware upgrades.”
Khara has accumulated a vast archive of image and video files, including products of its Evangelion anime series and other productions over its 18-year history. The files in its 500 TB archive make up the intellectual property assets of the company, with every new production adding more data to its archive. Until recently, these data files were stored on-premises. In an effort to avoid hardware failures, Khara turned to Wasabi to keep its data secure and control costs.
“We’re excited to work with the innovative team at Khara to help keep their data safe and eliminate the headaches associated with replacing and rebuilding their on-premises solutions,” said Aki Wakimoto, Japan country manager, Wasabi. “Wasabi will enable Khara’s IT team to work more efficiently and help drive creative ideating without being burdened with worries of data loss.”
Wasabi hot cloud storage is secure, simple to use and affordable, making it the storage solution of choice for organizations in every industry across the globe. Wasabi never charges users to access their data, and eliminates fees associated with egress and API requests, unlike other cloud storage vendors. Data archiving to Wasabi cloud storage protects Khara’s assets and has freed its IT team from the associated issues they previously encountered with hardware operation and management with a predictable, cost-effective cloud storage solution. Wasabi high performance cloud storage has also increased Khara’s scalability as the archives can now be accessed from any of Khara’s multiple production sites.
About Wasabi Technologies
Recognized as one of the technology industry’s fastest growing companies, Wasabi is on a mission to store the world’s data by making cloud storage affordable, predictable and secure. With Wasabi, visionary companies gain the freedom to use their data whenever they like without being hit with unpredictable fees or vendor lock-in. Instead, they’re free to build best-of-breed solutions with the industry’s fastest-growing ecosystem of independent cloud application partners. Customers and partners all over the world trust Wasabi to help them put their data to work so they can unlock their full potential. Visit wasabi.com to learn more.
Contact:
Lindsay Daly, Director of Corporate Communications
press@wasabi.com
Source: Wasabi
12 Sep
SAN JOSE, Calif. – September 12, 2024 — / BackupReview.info / — Cohesity, a leader in AI-powered data security, today announced an expanded strategic partnership with CrowdStrike to strengthen threat detection and response. This partnership combines Cohesity’s robust data protection capabilities with CrowdStrike’s world-class threat intelligence feeds, setting a new standard for comprehensive cybersecurity in backup and recovery solutions.
According to CrowdStrike’s 2024 Global Threat Report, adversaries have shifted to more effective tactics, such as credential harvesting and exploiting vulnerabilities, bypassing legacy defenses while using AI and other advanced technologies to rapidly evolve their techniques. Through the latest integration between Cohesity Data Cloud and CrowdStrike Falcon Adversary Intelligence, the partnership is leveling the playing field against sophisticated cyber threats.
Cohesity’s data protection solution, combined with CrowdStrike’s industry-leading threat intel feeds, which track over 250 adversaries and incorporate indicators of compromise (IOCs), enables mutual customers to identify the latest threats in their backup copies with higher fidelity and accuracy. The powerful combination offers greater visibility into the attack by providing the latest intelligence on emerging threats while minimizing the attackers’ advantages. Threat hunting on Cohesity backup copies allows customers to investigate incidents while preventing adversaries from enacting countermeasures.
By implementing Cohesity’s clean room design and integrated tooling, customers gain specialized forensic capabilities to analyze malware, investigate breaches, and understand attack vectors without risking contamination of their broader IT environment.
“Elevating your organization’s threat detection and response is crucial in today’s threat environment, especially with AI at the disposal of cyber adversaries,” said Craig Martell, Chief Technology Officer, Cohesity. “Secondary data estates offer a perfect opportunity for minimizing attackers’ advantages and, together with CrowdStrike, our customers can enhance their threat hunting and response and while also automating defenses across their security stack.”
Cohesity is focused on bringing together the best of the security industry, allowing customers to choose the right solutions for them without sacrificing functionality or adding complexity. This flexibility allows for a more tailored security posture that can adapt to emerging threats and changes in the IT environment.
“Our continued partnership with Cohesity and latest joint efforts reflect our shared commitment to cyber resilience,” said Daniel Bernard, Chief Business Officer, CrowdStrike. “To stay ahead, enterprises benefit from streamlining threat intelligence and response efforts while also harnessing their vast secondary data to gain security insights. This integration provides the technology and intelligence they need to reduce risk.”
By partnering with industry leaders like CrowdStrike, Cohesity solutions can better safeguard organizations’ digital assets in today’s dynamic threat environment. For more information on this new integration, visit cohesity.com/crowdstrike.
About Cohesity
Cohesity is a leader in AI-powered data security. Aided by an extensive ecosystem of partners, Cohesity makes it easier to secure, protect, manage, and get value from data – across the data center, edge, and cloud. Cohesity helps organizations defend against cybersecurity threats with comprehensive data security and management capabilities, including immutable backup snapshots, AI-based threat detection, monitoring for malicious behavior, and rapid recovery at scale. Cohesity solutions can be delivered as a service, self-managed, or provided by a Cohesity-powered partner. Cohesity is headquartered in San Jose, CA, and is trusted by the world’s largest enterprises, including 47 of the Fortune 100.
Media Contact:
Michael Thacker
Sr. Director, Public Relations
michael.thacker@cohesity.com
+1 (458) 272-1701
Source: Cohesity
12 Sep
BOSTON and MONTREAL – September 12, 2024 — / BackupReview.info / — Wasabi Technologies, the hot cloud storage company, today announced that Grass Valley, a leading media technology provider for the media and entertainment industry, will offer Wasabi’s low-cost, high-performance cloud storage within AMPP. Grass Valley customers can now purchase and easily use Wasabi cloud storage within AMPP to enable efficient and flexible media production workflows for live event content creation, management, and distribution.
Media and entertainment organizations everywhere are looking for solutions that can streamline content creation and distribution while reducing cost. AMPP addresses this need head on by delivering agile, software-defined workflows and enabling customers to select best of breed solutions on a single common platform and realize ultimate control and flexibility. Pairing these capabilities with Wasabi’s trusted cloud storage that does not charge for egress, AMPP users can freely move assets in and out of Wasabi storage without incurring unpredictable expense. The integration of Wasabi storage can now support AMPP applications for active archiving, live playout and edit workflows.
“AMPP has revolutionized the broadcast industry by delivering the most flexible, scalable, and efficient platform for media production and distribution,” said Whit Jackson, vice president of media & entertainment at Wasabi. “The addition of Wasabi hot cloud storage to the AMPP platform further delivers on the goals of driving down operational costs, enabling AMPP users to easily scale storage up and down as needed, and allowing media companies to deliver more content to more channels.”
“The addition of Wasabi hot cloud storage to AMPP is a testament to Grass Valley’s commitment to providing our customers with the most innovative, agile and efficient tools they need to thrive in an ever-evolving landscape,” said Adam Marshall, chief product officer at Grass Valley. “The scalability and flexibility that Wasabi’s cloud storage offers makes it a natural fit for the AMPP ecosystem.”
Together, Grass Valley and Wasabi empower media professionals to innovate with confidence, ensuring their content is always accessible, protected, and ready for the next big live event. Grass Valley will be showcasing Wasabi amongst its AMPP ecosystem Alliance partners from 13th – 16th September at IBC 2024 at the Amsterdam RAI center. Visit stand 9.A01 to meet with Wasabi and the Grass Valley team.
About Wasabi Technologies
Recognized as one of the technology industry’s fastest growing companies, Wasabi is on a mission to store the world’s data by making cloud storage affordable, predictable and secure. With Wasabi, visionary companies gain the freedom to use their data whenever they like without being hit with unpredictable fees or vendor lock-in. Instead, they’re free to build best-of-breed solutions with the industry’s fastest-growing ecosystem of independent cloud application partners. Customers and partners all over the world trust Wasabi to help them put their data to work so they can unlock their full potential. Visit wasabi.com to learn more.
About Grass Valley
Grass Valley is the leading technology provider for the live media and entertainment industry market. We work with 90% of the world’s major media brands, enabling their live production centers, mobile production units, 24-hour newsrooms, and sports streaming platforms to be ever more productive with SaaS and hardware systems. Our solutions enable content owners and service providers to create and deliver compelling live content in the most profitable way.
From IP-native cameras to state-of-the-art software and hardware production and playout systems, we’re at the forefront of ground-breaking live media innovation. We continue to pioneer market-leading advances to create and move live content more efficiently and generate new revenue streams.
Headquartered in Montreal, Grass Valley has been engaged in the media technology business for over 65 years and is now part of Black Dragon Capital. Learn more at grassvalley.com.
Products may be protected by one or more patents. For further information, please visit: grassvalley.com/patents
Contact:
Lindsay Daly, Director of Corporate Communications
press@wasabi.com
Source: Wasabi
SAN MATEO, Calif. – Sept. 12, 2024 — / BackupReview.info / — Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced that Dave Cotten and Teresa Dodson joined the company’s sales leadership team.
“Adding these seasoned, senior-level sales leaders reinforces our commitment to delivering open cloud solutions that allow our customers to do more with their data,” said Jason Wakeam, Chief Revenue Officer at Backblaze. “Dave and Teresa bring sales experience and a strategic approach to deepen relationships and better serve our customers and partners.”
The news follows the recent appointment of Jason Wakeam as the company’s Chief Revenue Officer. Reporting to Wakeam, the two new leaders bring robust experience in sales and business development.
“Our strategy to move up market in the customer segment is accelerating with leadership from our new Chief Revenue Officer, Jason Wakeam,” said Gleb Budman, Backblaze CEO and Chairperson of the Board. “Jason is upleveling key parts of the sales and marketing process with the addition of Dave and Teresa to his leadership team. He’s also making strategic changes to improve our focus on priority segments and key go-to-market motions.”
Dave Cotten brings over 25 years of sales leadership experience to his new role as Vice President of Sales. In this position, Cotten oversees global field sales, ensuring Backblaze continues to deliver premier business value to our expanding base of customers across the enterprise and mid-market segments.
An experienced sales and operational leader, Cotten previously held roles at SnapLogic, Cloudera, CA Technologies, Red Hat, and others.
Teresa Dodson was named Senior Director of Partner Marketing and Alliances. In her new role, Dodson oversees the company’s Alliances portfolio and channel partner marketing. She is also responsible for driving joint success across the Backblaze partner ecosystem.
Dodson brings deep partner and channel management experience to her new role at Backblaze. With more than 25 years of channel management experience, Dodson joined from Rockset (acquired by OpenAI), where she led the alliances and partner marketing functions and helped co-build joint GenAI opportunities with AWS, Confluent, and others. She also served as the Global Lead for AWS Partner Network, and held partner development leadership roles at SnapLogic, Five9, and others.
About Backblaze
Backblaze is the cloud storage innovator providing a modern alternative to traditional cloud providers. We deliver high-performance, secure cloud object storage that customers use to develop applications, manage media, secure backups, build AI workflows, protect from ransomware, and more. Backblaze helps businesses break free from the walled gardens that traditional providers lock customers into, enabling them to use their data in open cloud workflows with the providers they prefer at a fraction of the cost. Headquartered in San Mateo, CA, Backblaze (NASDAQ: BLZE) was founded in 2007 and serves over 500,000 customers in 175 countries around the world. For more information, please go to www.backblaze.com
Press Contact:
Jeanette Foster
Communications Manager, Backblaze
press@backblaze.com
Source: Backblaze
FAIRFIELD, NJ, – Sept 12,2024 — / BackupReview.info / — 11:11 Systems ?(“11:11”), a managed infrastructure solutions provider, today announced a new case study with Texas Organ Sharing Alliance (TOSA).
TOSA, one of 56 federally-designated organ procurement organizations in the United States, has been saving lives through organ donation since 1975. As Texas’ population has grown, so has TOSA, expanding from 50 to almost 200 employees in the last nine years.
The organization’s growth prompted TOSA’s IT team to modernize its infrastructure to become more secure, scalable, reliable and cost-effective. The team also needed to better ensure business continuity in a dynamic weather region like Texas – something its aging on-premises systems couldn’t deliver.
The solution: embrace the cloud. TOSA chose 11:11 Disaster Recovery as a Service (DRaaS) for Zerto as a simpler, more flexible and more reliable alternative to traditional offsite disaster recovery. With 11:11 DRaaS, TOSA has been able to:
Read the full 11:11 and Texas Organ Sharing Alliance case study here.
ABOUT 11:11 SYSTEMS
11:11 Systems is a managed infrastructure solutions provider that empowers customers to modernize, protect and manage mission-critical applications and data, leveraging 11:11’s resilient cloud platform. Learn more at?1111Systems.com.
Contact:
Rolyn Parker
news@1111systems.com
Source: 11:11 Systems
FREMONT, CA – September 11, 2024 — / BackupReview.info / — Seagate Technology Holdings, a leading innovator of mass-capacity data storage, today announced a significant expansion to its Lyve Cloud Object Storage features along with new regions in Europe and Asia. Built on Seagate’s 40+ years of expertise in technology and innovation, this S3-Compatible cloud service expansion brings cost optimization, operational efficiencies and limitless scalability across a multitude of enterprise use cases.
The advanced features offer pragmatic options for data and cost management, introduce new ways to easily modernize backup and recovery strategies, and continuously enhance security and compliance functionality. Additionally, new offerings for partners, including a white label option and integrated service bundles, provide greater flexibility to leverage Seagate’s portfolio of storage services. Finally, expanded regions offer new site availability in Germany and Japan to meet global enterprise needs.
The expanded features in more detail, include the following:
“With the new features and expanded regional coverage of Lyve Cloud Object Storage we help our global customers looking to build their regional presence and scale cloud native workloads such as AI and machine learning, camera-to-cloud workflows, surveillance and edge data applications.” said Melyssa Banda, VP of enterprise systems and solutions at Seagate. “With these additions to our S3-compatible cloud object storage offering, we are also well positioned to support global and local enterprises in maintaining compliance with data localization policies while navigating the most challenging IT environments and scaling their businesses cost-effectively.”
One of the standout benefits of Lyve Cloud Object Storage is its predictable cost structure. With no minimum object storage retention and no API or egress fees, enterprises can take advantage of unlimited capacity to scale up or down as needed. This flexibility allows businesses to control expenses effectively, which is crucial for managing budgets. Furthermore, Lyve Cloud Object Storage integrates seamlessly with other Lyve services such as Lyve Mobile with Cloud Import providing a comprehensive data management solution for partners and enterprises alike.
From hard disk drives to cloud data solutions, security has always been central to Seagate’s product design. Lyve Cloud Object Storage includes features like Write Once, Read Many (WORM) which ensures data integrity by preventing alterations or deletions once data is written. Data at Rest Encryption (DARE) protects stored data, providing confidentiality. Single Sign-On (SSO) and Cross-Origin Resource Sharing (CORS) enhance secure access and enable complex web applications to request resources from different origins. These features are included at no extra cost.
Availability: Lyve Cloud Object Storage is available now in the US, UK, EU (NEW: based in Frankfurt), Singapore, and Japan (NEW: based in Tokyo).
For more information, please visit https://www.seagate.com/cloud/ and https://lyve.seagate.com/service/cloud-object-storage
About Seagate: Seagate Technology is the leading innovator of mass-capacity data storage solutions. We create breakthrough technology so you can confidently store your data and easily unlock its value. Founded over 45 years ago, Seagate has shipped over four billion terabytes of data capacity and offers a full portfolio of storage devices, systems, and services from edge to cloud. To learn more about how Seagate leads storage innovation, visit www.seagate.com and our blog, or follow us on X, Facebook LinkedIn, and YouTube.
©2024 Seagate Technology LLC. All rights reserved. Seagate, Seagate Technology, Mozaic 3+, Exos, and the Spiral logo are trademarks or registered trademarks of Seagate Technology LLC in the United States and/or other countries. All other trademarks or registered trademarks are the property of their respective owners. When referring to drive capacity, one gigabyte, or GB, equals one billion bytes, one terabyte, or TB, equals one trillion bytes, and one exabyte, or EB, equals one quintillion bytes.
Press Contact:
Seagate Technology
Greg Belloni, Sr. Corporate Communications Manager
gregory.belloni@seagate.com
Source: Seagate
PALO ALTO, Calif. – September 11, 2024 — / BackupReview.info / — Rubrik, Inc. (NYSE: RBRK), the Zero Trust Data Security™ Company, today announced that it is scheduled to present at the following investor conference:
Goldman Sachs Communacopia + Technology Conference
Location: San Francisco
Date: Thursday, September 12, 2024
Presentation Time: 8:50 a.m. PT
The presentation will be webcast live and archived on the Company’s investor relations website at https://ir.rubrik.com
About Rubrik
Rubrik (NYSE: RBRK) is on a mission to secure the world’s data. With Zero Trust Data Security™, we help organizations achieve business resilience against cyberattacks, malicious insiders, and operational disruptions. Rubrik Security Cloud, powered by machine learning, secures data across enterprise, cloud, and SaaS applications. We help organizations uphold data integrity, deliver data availability that withstands adverse conditions, continuously monitor data risks and threats, and restore businesses with their data when infrastructure is attacked.
For more information please visit www.rubrik.com and follow @rubrikInc on X (formerly Twitter) and Rubrik on LinkedIn.
Contacts
Investor Relations Contact
Melissa Franchi
VP, Head of Investor Relations, Rubrik
781.367.0733
IR@rubrik.com
Public Relations Contact
Jessica Moore
VP, Global Communications, Rubrik
415.244.6565
jessica.moore@rubrik.com
Source: Rubrik, Inc.
11 Sep
OCOEE, FL – Sept. 11, 2024 — / BackupReview.info / — iCoreConnect Inc. (NASDAQ: ICCT), a leading cloud-based Software-as-a-Service (SaaS) company specializing in enterprise and healthcare workflow solutions, has announced the appointment of Yvonne Hyland to its Board of Directors.
With over 30 years of experience in the global technology industry, Yvonne Hyland has held leadership positions in both startups and Fortune 100 companies. Her impressive career includes key roles at SAP and Gartner, as well as founding and scaling several technology product and service companies, culminating in successful exits. In addition to her entrepreneurial endeavors, Ms. Hyland has also served as a venture capital operator. She attended the MBA program at the Martin J. Whitman School of Management and is currently a Syracuse University Libraries Advisory Board member.
Robert McDermott, President and CEO of iCoreConnect, commented, “Yvonne’s extensive background in scaling businesses and her strategic mindset are exactly what iCoreConnect needs as we continue our growth trajectory. Her hands-on experience in driving companies from startup to multi-million-dollar success stories will bring invaluable insights to our board.”
Ms. Hyland expressed her enthusiasm about joining the board, stating, “I am thrilled to join iCoreConnect’s Board of Directors and work alongside Robert and the other board members at such a pivotal time in the company’s development. I look forward to contributing to the next phase of growth.”
McDermott elaborated on her achievements, adding, “Yvonne has a proven track record of building and scaling businesses, having grown startups to $200M in annual revenue and securing successful exits. Her leadership experience also includes holding P&L responsibilities in multi-billion-dollar corporations. We are confident that Yvonne’s expertise will greatly benefit our board and our company’s future.”
About iCoreConnect Inc. (NASDAQ: ICCT)
iCoreConnect Inc. is a market leader in cloud-based software and technology solutions, designed to enhance workflow productivity and profitability in the enterprise and healthcare sectors. Through its innovative platform of applications and services, iCoreConnect helps organizations optimize their operations and achieve better business outcomes. https://www.icoreconnect.com/
Forward-Looking Statements
Some of the statements in this release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995, which involve risks and uncertainties. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. The Company has attempted to identify forward-looking statements by terminology including ‘believes,’ ‘estimates,’ ‘anticipates,’ ‘expects,’ ‘plans,’ ‘projects,’ ‘intends,’ ‘potential,’ ‘may,’ ‘could,’ ‘might,’ ‘will,’ ‘should,’ ‘approximately’ or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors, including those discussed under Item 1A. “Risk Factors” in the Company’s most recently filed Form 10-K filed with the Securities and Exchange Commission (“SEC”) and updated from time to time in its Form 10-Q filings and in its other public filings with the SEC. Any forward-looking statements contained in this release speak only as of its date. The Company undertakes no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events.
Investor Contact:
IR@icoreconnect.com
888.810.7706, ext 5
Source: iCoreConnect Inc.
11 Sep
Waltham, Mass. – September 10, 2024 — / BackupReview.info / — Infinidat, a leading provider of enterprise storage solutions, today announced that its InfiniBox® solution has been successfully tested to work with Red Hat OpenShift Virtualization. This technical validation opens new possibilities for enterprise customers and channel partners to deploy, migrate, and manage new and existing virtual machine (VM) workloads and virtualized applications using Red Hat OpenShift Virtualization. This milestone builds on the success that Infinidat has had with the certified InfiniBox Container Storage Interface (CSI) driver for petabyte-scale Kubernetes deployments of Red Hat OpenShift in hybrid and multi-cloud environments for both high performance enterprise primary storage and data protection/backup needs.
Infinidat is expanding its strong, long-term relationship with Red Hat, the world’s leading provider of open source solutions, by leveraging the Infinidat team’s extensive experience in virtualization to modernize data infrastructures. Infinidat has demonstrated that it delivers a scalable, supported and consistent solution for VM-based applications and workloads, designed for enterprise hybrid multi-cloud deployments. The certified CSI driver is the key underlying enabler for Infinidat’s enterprise storage solution to deliver enterprise storage and data protection on Red Hat OpenShift Virtualization.
“We value our close relationship with Red Hat, and we see our InfiniBox and InfiniBox SSA enabled on Red Hat OpenShift Virtualization as a key step forward for enterprises and service providers interested in deploying OpenShift Virtualization and our industry-leading enterprise storage capabilities to achieve real-world application performance, cyber storage resilience, reduced storage CAPEX and OPEX, and greater simplicity,” said Erik Kaulberg, VP of Strategy and Alliances at Infinidat. “Infinidat supports virtualized and containerized applications with an integrated set of trusted tools that maximize the advantages of Red Hat OpenShift Virtualization on a unified platform.”
Red Hat OpenShift Virtualization represents a unified approach to enable IT organizations to bring standard VM-based workloads to Kubernetes and container deployments, helping eliminate the workflow and development silos that typically exist between traditional and cloud-native application stacks. Red Hat OpenShift offers a more consistent foundation to deliver Kubernetes applications, especially benefiting hybrid cloud management models.
“We are very excited to extend our collaboration with Infinidat as part of our partner ecosystem to help contribute to the transformative impact of Red Hat OpenShift Virtualization,” said Kevin Kennedy, Vice President, North America Partner Ecosystem, Red Hat. “By working closely with our trusted partners, such as Infinidat, we are empowering customers with greater confidence and more flexibility to use our modern application platform to meet their organization’s virtualization needs today and in the future.”
By bringing new and existing applications to the same architecture, Red Hat OpenShift Virtualization provides a consistent development experience and improves an enterprise’s ability to deliver quickly on innovation. Once VMs are migrated to and managed by Red Hat OpenShift, they can be containerized over time, or be maintained as virtual machines. This allows users to develop and deliver hybrid applications built on containers and VMs to run side-by-side on the same platform.
“Red Hat and Infinidat combine for a powerful collaboration helping businesses navigate the changing virtualization landscape and establish strategic paths towards VM infrastructure migrations,” said Scott Sinclair, Practice Director at the Enterprise Strategy Group. “Cloud-native applications are the future of business innovation and new application development, but a large number of enterprises still have significant investments in mission and business-critical applications that run as traditional virtual machines. As organizations increasingly prioritize flexibility, more businesses are building a roadmap to migration and manage virtual machines using technologies like Red Hat OpenShift Virtualization.”
For more information, click here.
About Infinidat
Infinidat provides enterprises and service providers with a platform-native primary and secondary storage architecture that delivers comprehensive data services based on InfiniVerse®. This unique platform delivers outstanding IT operating benefits, support for modern workloads across on-premises and hybrid multi-cloud environments. Infinidat’s cyber resilient-by-design infrastructure, consumption-based performance, 100% availability, and cyber security guaranteed SLAs align with enterprise IT and business priorities. Infinidat’s award-winning platform-native data services and acclaimed white glove service are continuously recommended by customers, as recognized by Gartner® Peer Insights reviews. For more information, visit www.infinidat.com.
Red Hat, the Red Hat logo and OpenShift are trademarks or registered trademarks of Red Hat, Inc. or its subsidiaries in the U.S. and other countries.
Connect with Infinidat
About Infinidat
Read our blog
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Be our Partner
Media Contact
Infinidat
Sapna Capoor
Director of Global Communications
scapoor@infinidat.com
Mobile: +44 (0) 7789684159
Source: Infinidat
LONDON, UK – September 10, 2024 — / BackupReview.info / — In the past 12 months, over half of organisations were impacted by cyber threats. Larger companies in particular were much more likely to come under attack.
The severity of these incidents is directly contributing to job losses. Of 500 UK IT, resilience and cyber security professionals surveyed, 37% reported that cyber-attacks resulted in dismissals.
Last year, Databarracks’ Data Health Check (DHC) found that cyber-attacks are organisation’s leading cause of downtime and data loss. In 2024, that is still the case.
Data lost to cyber incidents varies greatly by company size, with larger businesses five times more likely to be impacted.
Chris Butler, Resilience Director at Databarracks, commented:
“It should come as little surprise that cyber remains organisations’ leading cause of downtime and data loss. The real news is that cyber is now having a significant impact on employees.
“Over a third of those surveyed in the DHC report job losses as a result of cyber-attacks. These could be IT or Security staff being dismissed in direct response to the breach, or wider layoffs from business disruption.
“Cyber-attacks on businesses are often seen as victimless crimes because losses are covered by insurance. These results show that attacks have a personal impact.
“Today, IT teams are faced with significantly more risk and threats to the continuity of their organisations, which can have a profound impact on their wellbeing. But the same can be said for employees across a business.
“Staff may be uncertain about what an attack means for the future of their company, and by extension their own job security. Your first line of defence is your staff, and so it is crucial that they are kept well-trained and appropriately informed in the event of an incident.”
Read the highlights from the Data Health Check 2024: https://datahealthcheck.databarracks.com/2024/
Download the full DHC report: https://www.databarracks.com/resources/data-health-check-2024
About Databarracks
Databarracks is the technology and business resilience specialist.
In 2003, we launched one of the world’s first managed Backup services to bring indestructible resilience to mission-critical data.
Today, we deliver award-winning IT resilience and continuity services. We help organisations get the most out of the cloud and protect their data, wherever it lives.
And we back this up with unbeatable support. There’s no such thing as ‘above and beyond’ for our engineers because they only work to one standard: to keep your systems running perfectly.
Enterprise-class continuity, security and resilience. Accessible for all.
Press contact:
Avinash Nandra/Alex Henderson
Spreckley Partners Ltd
Email: databarrackspr@spreckley.co.uk
Tel: +44 (0) 207 388 9988
Source: Databarracks
BOULDER, Colo. – September 11, 2024 — / BackupReview.info / — Spectra Logic®, a global leader in data management and data storage solutions, today introduced RioPanel™ software for Avid® Media Composer® environments, an innovative content management and archiving application that seamlessly integrates into the Media Composer user interface. The new RioPanel application enhances media production workflows by allowing users to manage, archive, and access Avid and non-Avid content directly within the Media Composer user interface.
Developed using the Media Composer Panel SDK (software developer’s kit), RioPanel software offers unparalleled flexibility and efficiency, enabling editors and producers to move content easily and quickly to and from Avid Media Composer without leaving the platform. Available for standalone and shared Media Composer environments, RioPanel software streamlines the media production process, reducing time and complexity.
With the ability to archive Avid assets, including master clips, subclips, sequences, and bins, the RioPanel application ensures that all media is preserved in its native format, with full project and bin metadata captured and indexed for easy search and retrieval. Additionally, the application is storage agnostic, supporting a heterogeneous mix of flash, disk, tape and cloud storage, allowing administrators to avoid vendor lock-in and choose the best storage options for their needs.
“As media production demands continue to grow, organizations need tools that not only enhance their workflows and facilitate collaboration, but also provide greater flexibility and control over their content,” said Hossein ZiaShakeri, senior vice president of business development and strategic alliances at Spectra Logic. “RioPanel delivers this by integrating directly into Avid Media Composer, making it easier than ever to manage and archive valuable media assets.”
“We are thrilled to see Spectra Logic bringing RioPanel to the Avid ecosystem,” said Raymond Thompson, senior director of worldwide partners and alliances at Avid Technology. “By offering a seamless integration within Media Composer, RioPanel significantly enhances our users’ ability to manage both Avid and non-Avid content, ensuring a more efficient and streamlined editing process. This collaboration aligns perfectly with our commitment to empowering creative professionals with the best tools available.”
RioPanel software for Avid Media Composer is designed to meet the needs of modern media production environments, providing a powerful and intuitive tool for managing content and collaboration within Avid video editing suites. For more information on RioPanel software and how it can enhance your media production workflow, visit www.spectralogic.com/riopanel
About Spectra Logic
Dedicated solely to data storage innovation for more than 40 years, Spectra Logic helps organizations modernize their IT infrastructures and protect and preserve their data with a broad portfolio of solutions that enable them to manage, migrate, store and preserve business data long term, along with features to make them ransomware resilient, whether on premises, in a single cloud, across multiple clouds, or in all locations at once. To learn more, visit www.spectralogic.com
BlackPearl, RioPanel, Spectra, and Spectra Logic are trademarks or registered trademarks of Spectra Logic Corporation. All other trademarks and registered trademarks are the properties of their respective owners.
Follow Spectra Logic on social media:
X: @spectralogic
Facebook: https://www.facebook.com/spectralogic
LinkedIn: https://www.linkedin.com/company/spectra-logic
Instagram: @spectralogic
PR Contact:
Lauren Mcauley
lauren@smartconnectionspr.com
Source: Spectra Logic
Rotkreuz – 10 September, 2024 — / BackupReview.info / — Today, Infinigate Cloud, the expert business unit within the Infinigate Group specialising in secure cloud solutions, is extending its partnership with N-able, the global software company helping IT services providers deliver remote monitoring and management, data protection as-a-service, and security solutions.
Infinigate Cloud will introduce solutions from the N-able portfolio in the UK and Ireland through the Infinigate Cloud marketplace, and extend its range across additional European regions including Germany, France, the Netherlands and Switzerland. The Infinigate Cloud marketplace connects cloud service providers with channel partners, offering a wide range of specialist, value-added services for easy provision and management. This latest update will enable MSPs and channel partners to access the N-able portfolio of cloud-based solutions for remote monitoring and management (RMM), data protection, and security with a simple and convenient self-service experience.
“We are excited to extend our partnership with Infinigate Cloud and bring our solutions to a wider audience, thanks to their fast-growing marketplace, an essential component of the SaaS route to market for MSPs and resellers,” said Thomas Witting, Senior Director of Global Distribution Sales at N-able. “Our goal is to empower our partners with the tools and resources they need to succeed, and the Infinigate Cloud marketplace will provide them with a seamless and flexible way to access, manage, and scale our solutions.”
Initially, MSPs and resellers will be able to purchase popular offerings from the N-able portfolio, including N-sight, a comprehensive flagship RMM platform, and Cove Data Protection, a cloud-first backup and disaster recovery solution for servers, workstations and Microsoft 365. A more extensive range will be made available before the end of the year.
Denis Ferrand-Ajchenbaum, Chief Growth Officer and Infinigate Cloud Managing Director, said, “We are delighted to welcome N-able to the Infinigate Cloud marketplace. Their solutions complement our existing portfolio, and we are confident that they will add value to our partners and their customers. We look forward to working with N-able to help our partners grow their cloud businesses and deliver exceptional service to their customers.”
About the Infinigate Group
The Infinigate Group, the leading technology platform and trusted advisor in Cybersecurity, Cloud & Network Infrastructure covers over 100 countries. In the 2023-2024 financial year the Infinigate Group revenue reached 2.3B€. Our focus and deep technical expertise on cybersecurity, secure networks and secure cloud for SMB and enterprise set us apart. Our 1,250 employees provide locally tailored services complementing a robust central supply chain, sparking growth for our partners, MSSPs and vendors.
In 2022, Starlink, Vuzion (now Infinigate Cloud) and Nuvias became part of the Infinigate Group.
For additional information please visit www.infinigate.com
Forward-Looking Statements
This content may contain forward-looking statements regarding future product plans and development efforts. N-able considers various features and functionality prior to any final generally available release. Information regarding future features and functionality is not and should not be interpreted as a commitment from N-able that it will deliver any specific feature or functionality in the future or, if it delivers such feature or functionality, any time frame when that feature or functionality will be delivered. All information is based upon current product interests, and product plans and priorities can change at any time. N-able undertakes no obligation to update any forward-looking statements regarding future product plans and development efforts if product plans or priorities change.
About Infinigate Cloud
Infinigate Cloud is an expert business unit within the Infinigate Group specialising in secure cloud solutions.
As a born in the cloud distributor with a deep technical heritage, we are digital natives who continually invest in our teams and evolve our value-add services to ensure we deliver the very best in technical expertise and support for our partners.
Our 25+ years of experience in the cloud, long-standing relationship with Microsoft and our breadth and depth of cyber security expertise, has taught us that we are only successful if our partners are, as evidenced by our world-class partner satisfaction. Award winning education and go to market services help our partners achieve their full potential and grow their businesses faster.
About N-able
N-able fuels IT services providers with powerful software solutions to monitor, manage, and secure their customers’ systems, data, and networks. Built on a scalable platform, we offer secure infrastructure and tools to simplify complex ecosystems, as well as resources to navigate evolving IT needs. We help partners excel at every stage of growth, protect their customers, and expand their offerings with an ever-increasing, flexible portfolio of integrations from leading technology providers. n-able.com
Infinigate Cloud Contact:
Orietta Sutherberry
07741149367
orietta.sutherberry@infinigate.com
N-able Contact:
Kim Cecchini
kim.cecchini@n-able.com
Source: Infinigate Cloud
10 Sep
TAMPA, Fla. – Sept. 10, 2024 — / BackupReview.info / — ConnectWise, a leading software company dedicated to the success of managed service providers (MSPs), today announced it has entered into a definitive agreement to acquire Axcient, an award-winning provider of data protection and disaster recovery solutions, with the transaction expected to close in the coming weeks. In addition, ConnectWise has acquired SkyKick, a pioneer and leader in cloud backup and management software. These acquisitions significantly enhance ConnectWise’s cybersecurity and data protection offerings, reinforcing the critical role of data protection as the last line of defense against cyber threats such as ransomware and phishing.
“At ConnectWise, we are committed to delivering innovative solutions that empower MSPs to drive profitability and efficiency,” said Jason Magee, CEO of ConnectWise. “By integrating Axcient and SkyKick into the ConnectWise portfolio, we are offering MSPs a complete technology stack that improves both data protection and cybersecurity. This integration empowers MSPs to safeguard clients with confidence and scale their businesses.”
Key benefits for MSPs include:
“Axcient has experienced tremendous growth through our long-standing partnership with ConnectWise,” said Rod Mathews, CEO of Axcient. “Our shared commitment to partner success has created significant alignment between our companies, and this acquisition strengthens our combined offerings. We’re excited about the opportunities ahead to further empower MSPs on a global scale.”
“SkyKick’s mission is to help MSPs worldwide build a more successful cloud business, and we are excited to continue to deliver on that shared vision of partner success with ConnectWise,” said Todd Schwartz, co-CEO of SkyKick. “We’re thrilled to join ConnectWise and accelerate the innovation of our data protection and security products and enable MSPs to protect their customers’ data and applications more efficiently,” said Co-CEO Evan Richman.
Axcient and SkyKick customers will continue to receive full support for their deployments, while existing ConnectWise partners can seamlessly integrate these solutions into their technology stack. For more insights on how these acquisitions enhance data resilience and cybersecurity, explore our latest blog post. Raymond James acted as the exclusive financial advisor to SkyKick for this transaction.
About ConnectWise:
ConnectWise is a leading IT management and business automation software provider dedicated to helping MSPs manage their businesses, protect clients, and grow efficiently. The ConnectWise Asio platform, with its modern UX, open APIs, and extensive automation and AI capabilities, empowers MSPs with the tools they need to succeed in today’s competitive landscape.
About Axcient:
Axcient is an award-winning provider of Business Continuity and Disaster Recovery (BCDR) solutions, offering advanced cloud-based data protection services that ensure businesses can recover quickly from disruptions. Axcient’s commitment to product innovation and strong partner support has earned it a trusted reputation among MSPs.
About SkyKick:
SkyKick, headquartered in Seattle, is an award-winning global provider of cloud management software for IT service providers, with additional offices in Amsterdam and Sydney. Trusted by thousands of customers worldwide, SkyKick’s products help migrate, back up, manage, and secure customers in the cloud.
Contact Information:
Inkhouse for ConnectWise
connectwise@inkhouse.com
Source: ConnectWise
10 Sep
PITTSBURGH, PA – Sept. 10, 2024 — / BackupReview.info / — Magna5, a leading provider of managed IT, cybersecurity, and cloud solutions for small to mid-sized businesses and a NewSpring Holdings platform company, is pleased to announce its acquisition of FullScope IT (“FullScope”), a managed IT services business with a strong presence in the eastern and southwestern United States. This strategic acquisition will enhance Magna5’s ability to deliver comprehensive support and protection to its clients while expanding its reach across the United States.
With the acquisition of FullScope, Magna5 will significantly increase its operational density in the northeast corridor from New York to Virginia, while also establishing an important foothold in the southwestern U.S. with FullScope’s Arizona operations and regional customer footprint from which to expand further. Integrating FullScope’s capabilities into Magna5’s portfolio will provide the ability to deliver even greater value to existing and future clients, who will benefit from a broader range of services and the robust infrastructure of a larger, more mature managed IT and cybersecurity services provider.
“Acquiring FullScope is a significant milestone for Magna5 as we continue to outpace the industry with growth and expand our national presence,” said Bob Farina, CEO of Magna5. “FullScope’s strong reputation, combined with their expertise in regulatory compliance, aligns perfectly with our mission to be a mission-critical partner to our clients by providing comprehensive IT and cybersecurity solutions to businesses in uptime-dependent industries. We are excited to welcome the FullScope team into the Magna5 family, working together to deliver unparalleled service to our clients, keeping their operations seamless and secure.”
FullScope has made significant investments working towards Cybersecurity Maturity Model Certification (CMMC) L2 compliance, a critical requirement for supporting cybersecurity efforts within the Defense Industrial Base (DIB) and the Department of Defense (DoD). This expertise will seamlessly integrate into Magna5’s security portfolio, further solidifying Magna5’s commitment to delivering cybersecurity solutions to the most mission-critical industries.
Bob Priest, CEO of FullScope, expressed enthusiasm about the acquisition, stating, “We are thrilled to join forces with Magna5. Their strong reputation in the marketplace, expanding national coverage, and unwavering commitment to safeguarding customers’ data and security make this combination a perfect match. Our clients will continue to receive the same high-quality service they expect but with the added benefit of a larger, more resource-rich organization. Together, we will be able to offer an even greater level of protection and support to businesses across the country.”
This acquisition follows Magna5’s award-winning year. The company has been recognized by national publications, including Inc. 5000 for robust growth and USA Today Top Workplace for outstanding culture, innovation, and leadership. Industry accolades include recognition by CRN for MSP 500 and Tech Elite 250, and recognition from Channel Futures for the prestigious MSP 501 ranking.
About Magna5
Magna5, a NewSpring Holdings platform, provides managed IT services, cybersecurity, private and public cloud hosting, backup and disaster recovery, and other advanced IT services to SMB, mid-market and enterprise customers, including leaders in education, healthcare, government, financial services, manufacturing, and other industry segments. Headquartered in Pittsburgh, PA, Magna5 has customers nationally. For more information, visit www.magna5.com
About NewSpring Holdings
NewSpring Holdings, NewSpring’s dedicated holding company with a strategy focused on control buyouts and platform builds, brings a wealth of knowledge, experience, and resources to take profitable, growing companies to the next level through acquisitions and proven organic methodologies. Founded in 1999, NewSpring partners with the innovators, makers, and operators of high-performing companies in dynamic industries to catalyze new growth and seize compelling opportunities. The Firm manages over $3.5 billion across five distinct strategies covering the spectrum from growth equity and control buyouts to mezzanine debt. Partnering with management teams to help develop their businesses into market leaders, NewSpring identifies opportunities and builds relationships using its network of industry leaders and influencers across a wide array of operational areas and industries. Visit NewSpring at www.newspringcapital.com
Contact:
Ryan Burns
Magna5
+1-469-409-0555
rburns@magna5global.com
Source: Magna5
Kawasaki, Japan — September 10, 2024 — / BackupReview.info / — Toshiba Electronic Devices & Storage Corporation (“Toshiba”) announces the Mx11 family of helium-sealed high-capacity HDDs. The Mx11 family includes the MG11 Series, which provides capacities of up to 24TB[1] using conventional magnetic recording (CMR), and the MA11 Series which offers up to 28TB capacities with shingled magnetic recording (SMR).
The new Mx11 family is designed to deliver new levels of density and power efficiency to customers tasked with controlling (or managing) operational costs while meeting the relentless demands of data growth. Built on a common architecture, both products feature a 10-disk, helium-sealed, standard 3.5-inch[2] 7,200rpm design that leverages Toshiba’s innovative flux control microwave assisted magnetic recording (FC-MAMR™) technology. Engineered for higher performance and 24/7 reliability, the Mx11 family is designed with a 1GiB[3] buffer, a workload[4] rating of 550TB per year, an MTTF/MTBF[5] of 2.5 million hours, and an AFR of 0.35%.
The MG11 CMR HDD Series enables cloud, data center, and enterprise storage customers to rapidly scale storage density within existing infrastructure. Built with a 1GiB buffer, the new 24TB HDD is faster[6] than its predecessor, with an approximately 9% faster maximum sustained transfer speed of 295MiB/s[7]. With a choice of 6Gbps SATA or 12Gbps SAS interfaces, the MG11 Series fits seamlessly into any data center to support data storage, online backup and archive, and video surveillance applications. In addition to 24TB, the MG11 Series is available in 22TB, 20TB, 18TB, 16TB and 14TB capacities with sanitize instant erase (SIE) and self-encrypting drive (SED) options for enhanced security[8].
The MA11 Series achieves 2.8TB per disk using SMR technology. The MA11 Series host-managed SMR increases drive capacity by overlapping the physical tracks on the disk during write operations. Data centers with software that can optimize the MA11 Series host-managed SMR design will benefit from improved cost efficiencies through higher storage densities. The new MA11 Series is available in 28TB and 27TB capacities with a 6Gbps SATA interface and with SED options for enhanced security.
“Backed by 50 years of continuous HDD innovation, the Mx11 family delivers new levels of capacity and total cost of ownership (TCO) efficiency enabling customers to optimize operational costs while expanding their data center infrastructure” said Atsushi Toyama, General Manager of Toshiba’s Storage Products Sales & Marketing Division.
Sample shipments of the MG11 Series will start this month, and the MA11 Series in the fourth calendar quarter of this year.
For more information on the new products, please visit: MG11 Series
For more information on Toshiba’s full line of HDD storage products, please visit: Storage Products
[1] Definition of capacity: One terabyte (TB) = one trillion bytes, but actually available storage capacity may vary, depending on operating environment and formatting. Available storage capacity (including examples of various media files) will vary based on file size, formatting, settings, software and operating system and/or pre-installed software applications, or media content. Actual formatted capacity may vary.
[2] “3.5-inch” mean the form factor of HDDs. They do not indicate drive’s physical size.
[3] A gibibyte (GiB) is 230, or 1,073,741,824 bytes, A mebibyte (MiB) is 220, or 1,048,576 bytes.
[4] Workload is a measure of data throughput in a year, and it is defined as the amount of data written, read or verified by commands from the host system.
[5] MTTF/MTBF (mean time to failure/mean time between failure) is not a guarantee or estimate of the product life; rather it is a statistical value related to mean failure rates for a large number of products which may not accurately reflect actual operation. The actual product life of the product may vary.
[6] Comparison between the SATA interface 512e model “MG11ACA24TE” and the previous generation “MG10AFA22TE.”
[7] Read and write speeds may vary depending on the host device, read and write conditions, and file size.
[8] The HDDs which have any optional security function may not be available in the countries where the use of such HDDs is prohibited or limited due to export control and local regulations.
* FC-MAMR™ is a trademark of Toshiba Devices & Storage Corporation.
* Other company names, product names, and service names may be trademarks of their respective companies.
* Information in this document, including product prices and specifications, content of services and contact information, is current and believed to be accurate as of the date of the announcement, but is subject to change without prior notice.
About Toshiba Electronic Components Taiwan Corporation (TET)
Toshiba Electronic Components Taiwan Corporation is responsible for the sales and marketing promotion and support of Toshiba hard disk drives and Toshiba External HDDs in Taiwan, China and Southeast Asian countries. TET is the best partner to Enterprise server, storage and notebook computers, and its mission is to offer the best service and products embodying the highest quality and most leading-edge technology. For more information, visit us at:
http://toshiba.semicon-storage.com/ap-en/product/storage-products.html
About Toshiba Electronics Asia (Singapore)
Toshiba Electronics Asia (Singapore) (“TEA”) is under Toshiba Electronic Devices & Storage Corporation, a subsidiary of Toshiba Corporation. TEA was founded in 1990, and is responsible for the sales, marketing and services for Toshiba’s wide range of storage solutions in Asia Pacific, which includes the Canvio Portable External Hard Drives and Internal Hard Drives. TEA is the best partner to consumers and enterprises, and its mission is to offer the best services and products that embody the highest quality and cutting-edge technology. To find out more about TEA, visit:
https://toshiba.semicon-storage.com/ap-en/storage.html
PR Contact:
www.global.toshiba/ww/outline/corporate/contact/media.html
+81-3-3457-2100
Address:
Media Relations Office,
Corporate Communications Div.,
TOSHIBA CORPORATION 1-1, Shibaura 1-chome, Minato-ku, Tokyo 105-8001, Japan
Source: Toshiba
NEW YORK, NY – September 9, 2024 — / BackupReview.info / — CTERA, the leader in edge-to-cloud file services, today announced it has expanded its partnership with MTI, a Ricoh Company, a specialist provider of cyber security and data center solutions and services delivering a full portfolio from assessment, design, and deployment support to ongoing management. MTI was CTERA’s partner of the year in 2023 and will now focus on leading the full range of digital transformation initiatives to deliver unprecedented performance in a full stack solution.
The focus of the agreement between CTERA and MTI is to continue to deliver customized, global managed services associated with enterprise class storage, with simpler implementation and affordability. MTI has been working with CTERA to develop solutions to provide comprehensive, full-scale solutions that cost-effectively reduce data center footprint.
“At MTI, it is our mission to provide the highest level of assessment, expertise and solution deployment to our growing list of clients,” said Didier Pichon, vice president, sales and marketing, MTI. “With CTERA, we are able to deliver some of the industry’s best cyberstorage solutions, for increased business agility and a personalized digital transformation initiative customizing the customer’s specific needs. We have enjoyed MTI’s increased momentum in working with CTERA and are happy to engage in this next level of partnership with the company and team.”
MTI is a global solutions and service provider, committed to operational excellence with a deep understanding of market needs gained through thousands of client and partner engagements. MTI has over 35 years’ experience in working across public and private market sectors, which has enabled the company to develop proven methodologies and best practices aligned with recognized industry standards including ITIL, and Prince2.
“Ongoing technological evolution in file services combined with unfailing support in a cost-effective package; these are the needs of our customers. CTERA only works with leading partners to ensure the delivery of these best-of-breed solutions,” said Rebecca Cairns, EMEA Channel Director, CTERA. “With MTI, we know we have a partner that provides a depth of knowledge from its decades of experience in the industry to onboard customers seamlessly while supporting the best user experience. We’re so pleased to extend our relationship with MTI to further engage the French and global marketscapes.”
CTERA’s social media resources include:
About CTERA
CTERA is the leader in edge-to-cloud file services, powering more than 50,000 sites and millions of corporate users. CTERA delivers a cloud-native global file system over public or private object storage, with a rich data services ecosystem that enables enterprises to gain full control of their data environment for optimal edge performance, granular security, data insight, and governance. For more information, visit www.ctera.com
About MTI
MTI is a recognized expert in IT infrastructure solutions and has been on the market for over 35 years.
With the highest levels of certification, MTI specializes in 3 areas: Datacenter, Security & Cloud. The company offers audit, design, deployment, support, maintenance and managed services. It supports IT departments at every stage of their projects, from the initial thinking phase through to implementation and operational follow-up.
All our offerings take into account our customers’ business, technical and financial requirements, to build the solution best suited to their needs. These offers draw on the expertise of MTI’s teams, and are built around solutions from a number of strategic technology partners.
MTI is part of the Ricoh Group, a global provider of digital workspace solutions. MTI is present in France, the UK and Germany, supporting more than 1,850 customers worldwide and maintaining over 3,000 installations. For further information: www.mti.com/fr
Media Contact:
Joanne Hogue
Partner, Smart Connections PR
o: 410.658.8246
c: 860-941.7065
joanne@smartconnectionspr.com
Reese Goldsmith
Account Executive
reese@smartconnectionspr.com
Source: CTERA
SANTA CLARA, Calif. – September 10, 2024 –- / BackupReview.info / — Veritas Technologies, the leader in secure multi-cloud data resilience, today announced its membership on the Information Technology Sector Coordinating Council (IT SCC). Veritas will collaborate with other IT SCC members; the US Department of Homeland Security; and additional federal, state, local, tribal and territorial government agencies to help foster and facilitate initiatives and policies that improve the nation’s overall cyber resilience.
Veritas will bring its unique expertise in managing and protecting data across clouds and on-premises platforms to the council as ransomware and other cyber threats targeting critical data continue to rise.
Tim Burlowski, global lead of cyber resilience and data protection strategy at Veritas, said: “In today’s digital age, government and critical infrastructure rely completely on data. Without it, the services and resources people depend on grind to a halt. Cybercriminals are threatening critical industries with millions of ransomware attacks each year targeting that data. It’s more important than ever that private and public sectors increase collaboration through efforts like the IT SCC to safeguard our information technology infrastructure and the data at its core.”
Among other activities, Veritas will participate in IT SCC functions such as identifying vulnerabilities, interdependencies, risk assessments and risk management methodologies related to critical infrastructure protection; developing sector recommendations for preparedness and incident response and recovery plans; and improving information sharing among IT sector members, government entities and other industry sectors.
Kristen Verderame, vice president of global government relations at NetApp and chair of the IT SCC, said: “The IT SCC welcomes Veritas to our ranks of top IT sector companies and associations with the shared goal of improving government and critical infrastructure security and resilience. We look forward to the invaluable contributions Veritas will make as a leading secure multi-cloud data resilience provider.”
Veritas proudly supports efforts to enhance the collective cybersecurity posture of the US and its strategic international partners. In addition to the IT SCC, Veritas is part of the Joint Cyber Defense Collaborative, a US Cybersecurity and Infrastructure Security Agency initiative that combines the visibility, insight and innovation of the private sector with the capabilities and authorities of the federal cyber ecosystem to collectively drive down cyber risk to the nation at scale.
About Veritas
Veritas Technologies is the leader in secure multi-cloud data management. More than 80,000 customers—including 91% of the Fortune 100—rely on Veritas to help ensure the protection, recoverability and compliance of their data. Veritas has a reputation for reliability at scale, which delivers the resilience its customers need against the disruptions threatened by cyberattacks, like ransomware. No other vendor is able to match Veritas’ ability to execute, with support for 800+ data sources, 100+ operating systems and 1,400+ storage targets through a single, unified approach. Powered by Cloud Scale Technology, Veritas is delivering today on its strategy for Autonomous Data Management that reduces operational overhead while delivering greater value. Learn more at Veritas.com. Follow us on X at @VeritasTechLLC.
Veritas and the Veritas Logo are trademarks or registered trademarks of Veritas Technologies LLC or its affiliates in the US and other countries. Other names may be trademarks of their respective owners.
PR contact
VeritasPublicRelations@Veritas.com
Source: Veritas
10 Sep
BOSTON, MA — September 10, 2024 — / BackupReview.info / — Zerto, a Hewlett Packard Enterprise company, recently commissioned IDC to conduct a major ransomware and disaster preparedness survey, which revealed the extent to which backup-related issues are currently failing organizations across the globe. These backup-related issues are currently the number one cause of data loss —responsible for 32% of incidents — despite the fact that backup and recovery was cited as the number one priority for IT software investment this year.
The IDC White Paper, titled ‘The State of Disaster Recovery and Cyber-Recovery, 2024–2025: Factoring in AI,‘ pulls its insights from a survey carried out across North America, Western Europe, India, and Australia, among organizations with 500 to 10,000+ employees. Respondents reported an average of 4.2 data disruptions per year requiring an IT response with one ransomware attack and one internal attack per year on average.
Across respondents, the weakness of a backup-only recovery strategy was evident. For instance, 48% of organizations in the survey that paid a ransom indicated they did so despite having valid backups, with the most common reasons cited being a desire for a speedier recovery or minimized data loss. Nonetheless, only 20% of ransom-payers were able to fully recover their data after payment, creating a “worst of both worlds” situation in which organizations deploy and maintain backup environments without any concrete advantages in the event of an attack.
These challenges are exacerbated by worsening personnel issues: according to the report, the most commonly cited disaster recovery (DR) challenges for organizations are “IT personnel time and resource availability” and “IT personnel skills and knowledge.” The same applies to cyber recovery, with 34% of respondents citing “keeping recovery processes up to date” as a primary challenge in this arena and 31% of respondents citing “staff knowledge and skill sets.”
In response to these challenges, the report highlights the importance of a holistic approach to DR and cyber recovery (CR) in which “backup and recovery, disaster recovery, and cyber-recovery” build on each other and provide a higher degree of data protection. Continuous data protection (CDP) in particular provides essential support here, allowing organizations to recover to a point just prior to the attack and consequently minimize any data loss. Unified solutions like these enable organizations to scale systems without proportionally adding staff — an essential benefit since, per IDC, IT organizations tend to take a cautious approach to hiring.
At the same time, businesses remain split on the future of AI. While most respondents claim that AI will have a “significant” impact on DR/CR down the line, a strong majority — 59% — don’t think current AI is trustworthy for DP/CR. Meanwhile, although the vast majority of organizations are using cloud for backup/DR, 58% are still protecting a majority of their apps purely on-premises, suggesting that on-prem remains a highly viable backup/DR solution. Overall, 40% believe AI will provide a greater benefit than a threat.
“It’s unfortunate to see organizations funneling resources into backup processes only to realize that it was all for naught — paying the ransom money and losing the data,” said Phil Goodwin, research vice president, IDC. “What’s clear is that only a holistic approach can eliminate these negative outcomes and keep organizations safe. In particular, CDP will prove increasingly central to unified data protection efforts in months and years to come.”
“Organizations are increasingly responsible for data environments whose complexity they are unequipped to handle and whose integrity they are ill-prepared to safeguard,” said Caroline Seymour, vice president, storage product marketing, HPE. “This is not the fault of any individual organization, but it does demand a more sophisticated approach to data protection — one in which traditional backup is not the be-all-end-all but instead one of a suite of complementary tools, including CDP.”
To review the full report from Zerto and IDC, click here.
About Zerto
Zerto, a Hewlett Packard Enterprise company, empowers customers to run an always-on business by simplifying the protection, recovery, and mobility of on-premises and cloud applications. Zerto eliminates the risk and complexity of modernization and cloud adoption across private, public, and hybrid deployments. The simple, software-only solution uses continuous data protection at scale to solve for ransomware resilience, disaster recovery, and multi-cloud mobility. Zerto is trusted by over 9,500 customers globally and is powering offerings for Microsoft Azure, IBM Cloud, Google Cloud, Oracle Cloud, and more than 350 managed service providers.
Contact
Derrick Shannon
Touchdown PR
zerto@touchdownpr.com
512-599-4015
Source: Zerto
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