News Summary Podcast for February 25, 2025

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Ten press releases below highlight about: data protection, cloud backup, data security, cloud storage, disaster recovery, business continuity, data management, data resilience, partnerships, cybersecurity, appointments, AI-driven technology, hybrid storage solutions, and financial results.

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1. Veeam and Microsoft are expanding their partnership to integrate AI-powered solutions into Veeam’s data resilience platform, enhancing data protection, recovery, and value for their customers. Microsoft is making an equity investment in Veeam to support this collaboration.

2. IBM intends to acquire DataStax to enhance IBM’s watsonx portfolio, leveraging DataStax’s open-source AI and data solutions to help clients use unstructured enterprise data and maximise the impact of generative AI.

3. OpenText has launched Webroot Total Protection, a comprehensive cybersecurity solution for consumers, offering device security, identity protection, VPN, parental controls, and cloud backup from a single platform.

4. Wasabi’s Global Cloud Storage Index reveals that over half of organisations experience IT or business delays due to cloud storage fees. Data protection, sustainability and performance are key considerations for cloud storage buyers.

5. Egnyte announced a majority investment from GI Partners and TA to expand its global market presence and boost innovation in its secure content collaboration and governance solutions.

6. Wasabi’s Global Cloud Storage Index indicates that European organisations are shifting towards hybrid storage solutions to balance cloud costs. Unpredictable cloud storage fees are pushing organisations over budget.

7. Backblaze announced its Q4 and full-year 2024 financial results, featuring a 22% revenue growth in B2 Cloud Storage and an 18% overall revenue growth in Q4. AI is starting to contribute meaningfully to the business.

8. Skyvia has launched SkyBackup, a backup solution for HubSpot users that ensures data security and easy recoverability through automated and manual backups and flexible restore options.

9. OTAVA has partnered with Scale Computing to offer edge computing infrastructure solutions, integrating Scale Computing’s edge solutions into OTAVA’s multi-cloud and data protection offerings.

10. Western Digital has completed the separation of its Flash business. Irving Tan will continue as Western Digital’s Chief Executive Officer.

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Tags: Backblaze, DataStax, Egnyte, GI Partners, GV, HubSpot, IBM, Kleiner Perkins, Microsoft, OpenText, Otava, Podcast, Polaris, Scale Computing, Skyvia, Springcoast, TA Associates, Vanson Bourne, Veeam, Wasabi, WD, Webroot, Western Digital