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TORONTO, ON and NEW YORK, NY – May 13, 2021 — /BackupReview.info/ — GlobeX Data Ltd. (OTCQB:SWISF)(CSE:SWIS)(FRA:GDT) (“GlobeX” or the “Company”), the leader in Swiss hosted secure communications and secure data management, is pleased to report that it has signed a Distribution Agreement for a distribution deal in Sri Lanka with Dialog Broadband Networks (Private) Limited, part of Sri Lanka based Dialog Axiata PLC, itself part of Malaysia based telecom giant Axiata Group Berhad.

Dialog Axiata PLC, is one of Sri Lanka’s largest telecommunications service providers, and the country’s largest mobile network operator with 14.9 million subscribers which amounts to 57% of the Sri Lankan mobile market. Axiata Group Berhad (AXIATA) commonly known as Axiata, formerly known as TM International Berhad, is a publicly traded Malaysian multinational telecommunications conglomerate with extensive operations in Asia. It is one of the largest wireless carriers in the Malaysia. According to Axiata Group’s corporate website, As one of the leading telecommunications groups in Asia in pursuit of a vision to be the Next Generation Digital Champion by 2024, Axiata has transformed itself from a holding entity with a portfolio of pure-play mobile assets into a Triple Core Strategy-driven business focusing on Digital Telco, Digital Businesses and Infrastructure. According to Axiata’s corporate website Axiata Group has 150 million subscribers, making it one of Asia’s largest networks, covering Malaysia, Indonesia, Sri Lanka, Bangladesh, Cambodia, Nepal, Myanmar, Thailand, and Pakistan.

The terms of the Distribution Agreement are in accordance with general telecom operator distribution agreements and are based on revenue-share model where all sales revenues are shared among the telecom operator and the Company. Both the Company and the telecom operators sign strict Non-Disclosure Agreements and details of the terms need to remain confidential. The term of the distribution agreement is set for one (01) year, commencing on the Effective Date of the signed agreement and may thereafter be automatically renewed on a yearly basis unless, under the same renewal terms basis unless terminated by either Party with sixty (60) days written notice before termination. If either Party breaches a material provision of this Agreement, the other Party may immediately terminate this Agreement upon written notice to the other Party.

Alain Ghiai, CEO of GlobeX Data said: “We are very happy to have signed this distribution agreement with Dialog Axiata’s, Dialog Broadband Networks. It is ground breaking as Axiata is a telecom giant serving the Indo-Pacific, Asian and ASEAN regions of the globe. This is the region where commerce is growing the most in the coming decade and GlobeX is now ready to serve customers in the entire region, through its partnership with Dialog Axiata first, and eventually as we grow in Sri Lanka, growing to other countries of the Axiata Group. As this is our second telecom operator we are signing up, after Latin America’s América Móvil, we are now on a path to work with leading telecom operators globally. The Dialog Axiata agreement plots the course for continued growth in the fastest growing Emerging Markets, as we push our leading Internet privacy and secure communications platform Sekur. As we are not connected, and never have been connected, to AWS, Microsoft Azure or Google Cloud platforms, commonly referred to as “Big Tech”, we can offer a truly independent, private and secure means of communications through secure messaging, secure voice record transfer and secure email and secure video conferencing, through our proprietary technology and our secure servers based in Switzerland. With the latest SolarWinds hack of Microsoft Exchange platform and other platforms associated with it, and the new WhatsApp rules to share all users’ data with Facebook, we have seen a surge in demand and inquiries for our secure and private communications solutions. Security and privacy are becoming a global concern, and we are looking forward to provide Swiss privacy and protection to all users of the Dialog Axiata group of companies.”

GlobeX already has an agreement in place with América Móvil the 7th largest telecom in the world, and largest in Latin America, as announced recently in its press release dated October 13 2020, and this would be the second telecom conglomerate it would sign up in the emerging markets.

Recently, Alain Ghiai, CEO of GlobeX Data, has been featured in an Interview in Cybersecurity Asean, based in Malaysia, as the region has suffered some disastrous damage due to cyber-attacks as Southeast Asia remains a hotspot for cyber-attacks according to this article from Computer Weekly, especially in the wake of the COVID-19 pandemic, as many medical and financial records have been stolen by cyber criminals.

Sekur, which includes SekurMessenger as part of a bundle of email, messaging and file transfer into one app solutions, includes the Company’s latest SekurMail technology, which includes proprietary anti-phishing and privacy feature called SekurSend®. SekurSend® lets a user send an email to any other recipient, whether they have Sekur or not, in full privacy and security as the email never leaves Sekur’s encrypted email servers based in Switzerland. The recipient can then click on the notification and reply in the same manner using SekurReply®, without the recipient having to register for a Sekur account. The sender can also decide to protect any email sent by adding a password to open it, a read-limit and a self-destruct timer as well. Sending an email with the SekurSend® feature allows the senders and recipients to add limitless size attachments to the emails without crowding the recipients’ email box. This also eliminates BEC attacks for businesses and email phishing attacks. Additionally, SekurMail includes full control of email delivery, automatic data export for large Enterprises and an automatic Data Loss Prevention technology (“DLP”) with real time continuous archiving.

Recent data breaches in messaging applications and in particular in the WhatsApp application have created a certain urgency for businesses and data privacy advocates to protect their communications form cyber-attacks and identity theft via mobile and desktop devices.

SekurMessenger eliminates many of the privacy and security risks by not only not requiring a phone number, which would divulge a user’s phone device ID, but also by not social engineering a user’s phone or computer contact list and infecting the contacts by default as well, eliminating a huge loophole in security and privacy. SekurMessenger issues each user a username and a SM number. The SM number is the contact ID a user would disclose in order for other SM users to be added. The service comes with a self-destruct timer and other features as well, including GlobeX’s proprietary VirtualVaults and HeliX technologies with all data stored in Swiss hosted encrypted servers.

Additionally, SekurMessenger now comes with a proprietary feature and technology called Chat by Invites. This feature allows a SekurMessenger user (“SM user”) invite a non-SM user, or a group of non-SM users, to chat in a fully private and secure way, without the recipient ever having to register to SekurMessenger or download the app. At the end of the chat, the initiator of the conversation can remotely terminate the conversation and all traces of the conversation are deleted from all users, including the recipient. This unique feature is now fully deployed and functional on all iOS and Android devices and web platforms. The target sectors are numerous, including but not limited to real estate, legal, financial, government, energy, mining, manufacturing, trade and medical sectors.

GlobeX’s Data privacy solutions are all hosted in Switzerland, protecting users’ data from any outside data intrusion requests. In Switzerland, the right to privacy is guaranteed in article 13 of the Swiss Federal Constitution. The Federal Act on Data Protection (“FADP”) of 19 June 1992 (in force since 1993) has set up a strict protection of privacy by prohibiting virtually any processing of personal data which is not expressly authorized by the data subjects. The protection is subject to the authority of the Federal Data Protection and Information Commissioner.

Under Swiss federal law, it is a crime to publish information based on leaked “secret official discussions.” In 2010 the Federal Supreme Court of Switzerland found that IP addresses are personal information and that under Swiss privacy laws they may not be used to track Internet usage without the knowledge of the individuals involved.

About GlobeX Data Ltd.
GlobeX Data Ltd. is a Cybersecurity and Internet privacy provider of Swiss hosted solutions for secure data management and secure communications. The Company distributes a suite of secure communications, encrypted e-mails and messaging, secure cloud-based storage, disaster recovery, document management tools. GlobeX Data Ltd. sells its products through its approved wholesalers and distributors, and telecommunications companies worldwide. GlobeX Data Ltd. serves consumers, businesses and governments worldwide.

For more information, please contact GlobeX Data at corporate@globexdatagroup.com or visit us at https://globexdatagroup.com

For more information on Sekur visit us at: https://www.sekur.com

Forward Looking Information
This news release contains certain forward-looking information within the meaning of applicable Canadian securities laws (“forward-looking statements”). All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “anticipate”, “achieve”, “could”, “believe”, “plan”, “intend”, “objective”, “continuous”, “ongoing”, “estimate”, “outlook”, “expect”, “project” and similar words, including negatives thereof, suggesting future outcomes or that certain events or conditions “may” or “will” occur. These statements are only predictions. These statements reflect management’s current estimates, beliefs, intentions and expectations; they are not guaranteeing future performance. GlobeX cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond GlobeX’s control. Such factors include, among other things: risks and uncertainties relating to the future of the Company’s business; the success of marketing and sales efforts of the Company; the projections prepared in house and projections delivered by channel partners; the Company’s ability to complete the necessary software updates; increases in sales as a result of investments software development technology; consumer interest in the Products; future sales plans and strategies; reliance on large channel partners and expectations of renewals to ongoing agreements with these partners; anticipated events and trends; the economy and other future conditions; and other risks and uncertainties, including those described in GlobeX’s prospectus dated May 8, 2019 filed with the Canadian Securities Administrators and available on www.sedar.com. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, GlobeX undertakes no obligation to publicly update or revise forward-looking information.

On behalf of Management
GLOBEX DATA LTD.
Alain Ghiai
President and Chief Executive Officer
+1.416.644.8690
corporate@globexdatagroup.com

Source: GlobeX Data Ltd.

 

 

 

REDWOOD CITY, CA – May 13, 2021 — /BackupReview.info/ — Box, Inc. (NYSE: BOX), a leading Content Cloud, today announced that the U.S. Department of Health and Human Services, Office of the Secretary (HHS) selected Box’s cloud content management platform to power secure collaboration, critical processes for the delivery of health services, and drive new ways to work in the cloud.

The mission of HHS is to enhance the health and well-being of all Americans, by providing for effective health and human services and by fostering sound, sustained advances in the science underlying medicine, public health, and social services. To help fulfill their mission, HHS is re-thinking how the organization leverages technology, like Box, to modernize their systems for a digital-first agency.

The HHS purchased Box’s Digital Business Suite to:

  • Leverage Box to manage COVID-19 vaccine logistics
  • Secure and classify content using Box Governance and Shield
  • Automate workflows using Box Relay to accelerate delivery on health services
  • Accommodate sharing of large files and real-time access to information for internal and external collaborators

“The HHS is leading the way on how government agencies are leveraging modern technology to better serve the American people and improve mission outcomes,” said Aaron Levie, co-founder and CEO at Box. “The HHS investment in a cloud strategy, including partnerships with companies such as Box, is poised to help the agency provide effective health services to Americans, while ensuring the privacy and security of sensitive data. We are thrilled to support the HHS mission, helping to transform the way they manage and share information.”

Box is FedRAMP compliant and received the Department of Defense SRG Impact Level 4 Authorization by the Defense Information Systems Agency (DISA). With today’s announcement, the HHS joins leading organizations that have moved to Box to power new ways of working, including the U.S. Department of the Air Force, USDA Forest Service and Farm Production and Conservation, Food and Drug Administration, Department of Justice, and the District of Columbia Government.

About Box
Box (NYSE:BOX) is a leading Cloud Content Management platform that enables organizations to accelerate business processes, power workplace collaboration, and protect their most valuable information, all while working with a best-of-breed enterprise IT stack. Founded in 2005, Box simplifies work for leading organizations globally, including AstraZeneca, JLL, and Morgan Stanley. Box is headquartered in Redwood City, CA, with offices in the United States, Europe, and Asia. To learn more about Box, visit http://www.box.com. To learn more about how Box powers nonprofits to fulfill their missions, visit Box.org

Contacts
Box PR:
Rachel Levine
press@box.com

Investor Relations:
Elaine Gaudioso
650-209-3467
ir@box.com

Source: Box, Inc.

 

 

 

Ranks among highest-scoring businesses with standout employee engagement, development opportunities and collaboration

Minneapolis, MN — May 14, 2021 — /BackupReview.info/ — Code42, the Insider Risk Management leader, has been named to Inc. magazine’s annual list of the Best Workplaces for the second year in a row. Hitting newsstands May 18 in the May/June 2021 issue, and as part of a prominent Inc.com feature, the list is the result of a wide-ranging and comprehensive measurement of American companies that have created exceptional workplaces and company culture whether teams are operating in person or remotely.

Code42 is a cybersecurity company based in Minneapolis. Employee feedback on the Inc. Best Workplaces survey ranked Code42 highly for employee engagement, development opportunities and collaboration. Diversity, equity and inclusion are at the forefront of Code42’s operation, with strategies for broadening talent pools, curating safe spaces for underrepresented groups and leading conversations important to diversifying its employee base, perspectives and contributions to the community. The company has initiatives that enrich employee communities, invest in employee mind and body wellness, enable technical collaboration and business operations, advance progressive thinking and innovation and promote transparent communications across all levels of the organization.

Collecting data from thousands of submissions, Inc. singled out 429 honorees this year. Each nominated company took part in an employee survey, conducted by Quantum Workplace, on topics including management effectiveness, perks, and fostering employee growth. The organization’s benefits were also audited to determine the company’s overall score and ranking.

“Like many businesses, this past year challenged us to rethink how we create a work environment where top talent, regardless of race, gender or age, can thrive and stay connected while working virtually,” said Joe Payne, Code42 president and CEO. “At Code42, we believe in the relentless pursuit of better and leaving the world a better place. To that end, this past year we expanded our affinity and philanthropy programs and added new DE&I initiatives. These types of programs are helping our employees grow professionally and personally through diversity of thought and a greater understanding and sense of empathy for their peers and larger communities. Being honored for the second year in a row on Inc.’s esteemed list of Best Workplaces, based on our employees’ feedback, validates we are taking the right actions.”

“The definition of a positive workplace has changed drastically over the past year,” says Inc. magazine editor-in-chief Scott Omelianuk. “Stocked fridges and nap pods were no longer perks many companies could rely on once work went remote. So, this year’s list is even more important as it reveals organizations that continue to enrich the lives of its employees amid a pandemic.”

About Code42
Code42 is the leader in insider risk detection and response. Native to the cloud, Code42 rapidly detects data loss, leak, theft and sabotage as well as speeds incident response – all without lengthy deployments, complex policy management or blocking employee productivity. With Code42, security professionals can protect corporate data and reduce insider risk while fostering an open and collaborative culture for employees. Backed by security best practices and control requirements, Code42’s insider risk solution can be configured for GDPR, HIPAA, PCI and other regulatory frameworks.

More than 50,000 organizations worldwide, including the most recognized brands in business and education, rely on Code42 to safeguard their ideas. Founded in 2001, the company is headquartered in Minneapolis, Minnesota, and backed by Accel Partners, JMI Equity and Split Rock Partners. Code42 was recognized by Inc. magazine as one of America’s best workplaces in 2020. For more information, visit code42.com

© 2021 Code42 Software, Inc. All rights reserved. Code42, the Code42 logo and Incydr are registered trademarks or trademarks of Code42 Software, Inc. in the United States and/or other countries. All other marks are properties of their respective owners.

Company Contact:
Kristin McKenzie
Public Relations Principal, Code42
kristin.mckenzie@code42.com
844-333-4242

Source: Code42

 

 

 

The press release below is issued by Acronis. A similar press release by 4Sight Dynamics Africa is found herehttps://bit.ly/3fisrWB

Johannesburg, South Africa – May 14, 2021 — /BackupReview.info/ — Acronis announced today that it has added 4Sight Dynamics Africa, a subsidiary of 4Sight, the multi-national and diversified technology group, as a cloud distributor for Central Europe, Middle East and Africa, thereby continuing to intensify its investments and development on the African continent.

4Sight Dynamics Africa, with an existing partner ecosystem now spanning over 51 countries will represent Acronis as a cloud distributor across the entire Africa, but also Middle East as well as Central Europe. “Whilst we envisage that we will offer and support the full ambit of the feature rich Acronis platform, we believe that many of our resellers will be focussing specifically on the backup and disaster recovery capabilities together with the Acronis Cyber Protection features”, said Nick Botha, Managing Director at 4Sight Dynamics Africa.

4Sight has a rich history on the African continent dating back to their first Alliance territories setup as far back as 2006. Since that time both the traditional Alliance Branches as well as the purely focussed cloud reseller base have grown in representation now spanning virtually the entire Africa and Middle Eastern region.

Peter French, General Manager for Middle East and Africa at Acronis says, “there is a growing demand from customers for an efficient protection of their critical data. Acronis’ solutions such as Acronis Cyber Protect Cloud answer that need by offering both innovative possibilities including anti-ransomware technology and hybrid cloud architecture. By adding 4Sight Dynamics Africa as our newest Cloud Distributor, we aim at tackling the large demand for cloud solutions with integrated backup, anti-virus, anti-malware, and DRaaS. Businesses in Africa are understanding more and more the need to keep their data safe and any solution that provides integrated data protection and cybersecurity for enterprise, as Acronis does, is currently in highest demand.”

“We are excited about the opportunities we will be able to unlock for our channel partners through the partnership with Acronis. It has been said that data is the oil of the new digital economy and in this current global pandemic and we believe going forward post pandemic times, data protection and cybersecurity will remain a top priority for all organisations of all sizes. The ease of use and breath of the Acronis platform was key to our selection of Acronis as specialised security vendor and as a cloud distributor, we look forward to helping Acronis expand its footprint through our wide network of channel partners,” adds Botha.

About Acronis:
Acronis unifies data protection and cybersecurity to deliver integrated, automated cyber protection that solves the safety, accessibility, privacy, authenticity, and security (SAPAS) challenges of the modern digital world. With flexible deployment models that fit the demands of service providers and IT professionals, Acronis provides superior cyber protection for data, applications, and systems with innovative next-generation antivirus, backup, disaster recovery, and endpoint protection management solutions. With award-winning AI-based antimalware and blockchain-based data authentication technologies, Acronis protects any environment – from cloud to hybrid to on-premises – at a low and predictable cost.

Founded in Singapore in 2003 and incorporated in Switzerland in 2008, Acronis now has more than 1,500 employees in 33 locations in 18 countries. Its solutions are trusted by more than 5.5 million home users and 500,000 companies, including 100% of the Fortune 1000, and top-tier professional sports teams. Acronis products are available through 50,000 partners and service providers in over 150 countries in more than 40 languages.

Press Contact:
Kayla Fedorowicz
Acronis International GmbH
+1781782-9086; (019060)
Kayla.Fedorowicz@acronis.com

Source: Acronis, Inc.

 

 

 

REDWOOD CITY, CA – May 13, 2021 –/BackupReview.info/ — Box, Inc. (NYSE: BOX), a leading Content Cloud, today announced that it has closed the previously announced $500 million investment led by KKR. In connection with the closing of the investment, John Park, Head of Americas Technology Private Equity at KKR, has been appointed to the Box Board, effective immediately.

John Park
Photo: John Park

Box anticipates using substantially all of the proceeds to fund a share repurchase through a “Dutch auction” self-tender of up to $500 million of its common stock, with the specific amount and pricing of the self-tender to be determined based on market conditions and stock prices at the time when the self-tender is launched. The self-tender is expected to commence shortly after Box releases its fiscal first quarter financial results on May 27, 2021.

“We are pleased to establish this relationship with KKR and to welcome John to the Box Board of Directors,” said Bethany Mayer, Chair of Box Board of Directors. “This transaction reflects the culmination of the Board’s comprehensive review of a wide range of strategic options, and our determination that this is the optimal path to drive the company’s next phase of growth. Through this investment and share repurchase, stockholders are able to elect to either monetize their investment or participate in any upside potential with KKR as a committed partner.”

Additional information regarding the closing of the investment will be included in a Form 8-K to be filed with the Securities and Exchange Commission.

Advisors
Morgan Stanley & Co. LLC is serving as financial advisor to Box in connection with the investment. Wilson Sonsini Goodrich & Rosati, P.C. and Sidley Austin LLP are serving as legal advisors to Box.

About Box
Box (NYSE:BOX) is a leading cloud content management platform that enables organizations to accelerate business processes, power workplace collaboration, and protect their most valuable information, all while working with a best-of-breed enterprise IT stack. Founded in 2005, Box simplifies work for leading organizations globally, including AstraZeneca, JLL, and Morgan Stanley. Box is headquartered in Redwood City, CA, with offices in the United States, Europe, and Asia. To learn more about Box, visit http://www.box.com. To learn more about how Box powers nonprofits to fulfill their missions, visit Box.org.

About KKR
KKR is a leading global investment firm that offers alternative asset management and capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of The Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com and on Twitter @KKR_Co.

Forward-Looking Statements
Certain statements contained herein contain forward-looking statements that involve risks, uncertainties and assumptions. If the risks or uncertainties ever materialize or the assumptions prove incorrect, our results may differ materially from those expressed or implied by such forward-looking statements. All statements other than statements of historical fact could be deemed forward-looking, including, but not limited to, statements about the investment and achievement of its potential benefits; any potential repurchase of shares of Box common stock, whether, when, in what amount and by what method (whether by tender offer or otherwise) any such repurchase would be consummated, and the per share price of any such repurchase; our future financial and operating results, including expectations regarding revenues, deferred revenue, billings, remaining performance obligations, gross margins and operating income; our market opportunity, business plan and ability to effectively manage our growth; our ability to maintain an adequate rate of revenue and billings growth and our expectations regarding such growth; our ability to achieve profitability and expand or maintain positive cash flow; our ability to achieve our long-term margin objectives; our ability to grow our unrecognized revenue and remaining performance obligations; our expectations regarding our revenue mix; costs associated with defending intellectual property infringement and other claims and the frequency of such claims; our ability to attract and retain end-customers; our ability to further penetrate our existing customer base; our expectations regarding our retention rate; our ability to displace existing products in established markets; our ability to expand our leadership position as a cloud content management platform; our ability to timely and effectively scale and adapt our existing technology; our investment strategy, including our plans to further invest in our business, including investment in research and development, sales and marketing, our data center infrastructure and our professional services organization, and our ability to effectively manage such investments; our ability to expand internationally; expectations about competition and its effect in our market and our ability to compete; the effects of seasonal trends on our operating results; use of non-GAAP financial measures; our belief regarding the sufficiency of our cash, cash equivalents and our credit facilities to meet our working capital and capital expenditure needs for at least the next 12 months; our expectations concerning relationships with third parties; our ability to attract and retain qualified employees and key personnel; our ability to realize the anticipated benefits of our partnerships with third parties; the effects of new laws, policies, taxes and regulations on our business; management’s plans, beliefs and objectives, including the importance of our brand and culture on our business; our ability to maintain, protect and enhance our brand and intellectual property; and future acquisitions of or investments in complementary companies, products, services or technologies and our ability to successfully integrate such companies or assets. These statements are based on estimates and information available to us at the time of this presentation and are no guarantees of future performance. We assume no obligation and do not intend to update these forward-looking statements or to conform these statements to actual results or to changes in our expectations.

Certain Information Regarding the Tender Offer
The description contained herein is for informational purposes only and is not a recommendation, an offer to buy or the solicitation of an offer to sell any shares of Box’s common stock. A tender offer for the outstanding shares of Box’s common stock has not commenced. If a tender offer is commenced, if ever, Box will file or cause to be filed a Tender Offer Statement on Schedule TO with the SEC. The Tender Offer Statement (including an Offer to Purchase, a related Letter of Transmittal and other tender offer documents) will contain important information that should be read carefully before any decision is made with respect to the tender offer. Those materials will be made available to Box’s stockholders at no expense to them through Box’s Investor Relations website at www.boxinvestorrelations.com. In addition, those materials (and any other documents filed with the SEC) will be available at no charge on the SEC’s website at www.sec.gov.

Important Additional Information and Where to Find It
Box intends to file a proxy statement on Schedule 14A, an accompanying proxy card and other relevant documents with the SEC in connection with such solicitation of proxies from Box stockholders for Box’s 2021 annual meeting of stockholders. BOX STOCKHOLDERS ARE STRONGLY ENCOURAGED TO READ BOX’S DEFINITIVE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ALL OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Investors and stockholders may obtain a copy of the definitive proxy statement, an accompanying proxy card, any amendments or supplements to the definitive proxy statement and other documents filed by Box with the SEC at no charge at the SEC’s website at www.sec.gov. Copies will also be available at no charge in the “SEC Filings” subsection of the “Financial Information” section of Box’s Investor Relations website at www.boxinvestorrelations.com or by contacting Box’s Investor Relations department at ir@box.com, as soon as reasonably practicable after such materials are electronically filed with, or furnished to, the SEC.

Certain Information Regarding Participants to the Solicitation
Box, its directors and certain of its executive officers are participants in the solicitation of proxies from Box stockholders in connection with matters to be considered at Box’s 2021 annual meeting of stockholders. Information regarding the direct and indirect interests, by security holdings or otherwise, of Box’s directors and executive officers, in Box is included in Box’s Proxy Statement on Schedule 14A for its 2020 annual meeting of stockholders, filed with the SEC on May 28, 2020, Box’s Annual Report on Form 10-K for the year ended January 31, 2021, filed with the SEC on March 19, 2021 and in Box’s Current Reports on Form 8-K filed with the SEC from time to time. Changes to the direct or indirect interests of Box’s directors and executive officers are set forth in SEC filings on Initial Statements of Beneficial Ownership on Form 3, Statements of Change in Ownership on Form 4 and Annual Statements of Changes in Beneficial Ownership on Form 5. These documents are available free of charge as described above. Updated information regarding the identities of potential participants and their direct or indirect interests, by security holdings or otherwise, in Box will be set forth in the Proxy Statement for Box’s 2021 annual meeting of stockholders and other relevant documents to be filed with the SEC, if and when they become available.

Contacts
Investors:
Elaine Gaudioso
+1 650-209-3463
ir@box.com

Media:
Denis Roy / Rachel Levine
+1 650-543-6926
press@box.com

OR

Joele Frank, Wilkinson Brimmer Katcher
Leigh Parrish / Dan Moore
+1 212-355-4449

KKR:
Cara Major or Miles Radcliffe-Trenner
media@kkr.com

Source: Box

 

 

 

The New Release of Portworx Enterprise Delivers True Storage as Code, Orchestrated Entirely Through Kubernetes, For a Consistent Hybrid Experience Across Any Infrastructure, Any Cloud

MOUNTAIN VIEW, CA – May 13, 2021 — /BackupReview.info/ — Today at Pure//Accelerate™ Digital, Pure Storage® (NYSE: PSTG), the IT pioneer that delivers storage as-a-service in a multi-cloud world, announced the release of Portworx Enterprise 2.8. With new integrations across Pure’s portfolio of products and services and with VMware Tanzu, customers can now use Portworx® to scale their Kubernetes usage to greater levels with unprecedented simplicity. With new capabilities such as dynamic storage provisioning on FlashArray™ and FlashBlade®, and unified visibility and support via Pure1®, Portworx enables containerized workloads to run seamlessly across the cloud, bare metal infrastructure, Pure Storage arrays, and even competitive storage solutions.

Gartner predicts that by 2025, 40% of infrastructure and operations leaders will implement hybrid cloud storage architectures, up from 15% in 2021.1 As customers adopt hybrid cloud strategies, they still need a consistent environment to run their modern applications. That means they need the same level of storage and data management capabilities, regardless of if they are in the cloud, or on-premises.

With the latest release of Portworx Enterprise 2.8, customers get the same cloud-like experience for Kubernetes apps wherever they live, with broad Kubernetes ecosystem support. New capabilities include:

Portworx delivers the simplest way to run Kubernetes applications at enterprise levels of scale and resiliency: The 2.8 release of Portworx Enterprise goes significantly beyond the capabilities offered by other storage solutions who are limited to the “connector” approach facilitated by the Kubernetes Container Storage Interface (CSI), resulting in least common denominator features and limited scale. With a Kubernetes-native software approach built to support enterprise levels of scale and resiliency, Portworx combines cloud-native storage management and data protection services with best-of-breed Pure Storage FlashArray and FlashBlade for seamless deployment. Now when users provision container-native volumes through Portworx, storage volumes or file systems are automatically created on FlashArray and FlashBlade. This allows true storage-as-code, as volumes and file systems can be provisioned using Kubernetes without the need to directly interface with the backing storage arrays. Container-native volumes receive the full suite of Portworx container storage management features, including backup, disaster recovery, security, auto-scaling, and migration – features that aren’t tied to hardware and travel with the containerized application as it moves between on-prem and cloud deployments. With this new integration, customers can manage their modern applications in a Kubernetes-native way, while taking advantage of the enterprise capabilities of their Pure arrays such as deduplication and compression, achieving data reduction levels up to 10:1 depending on workload and a demonstrated 99.9999% reliability across 40,000+ arrays.

Predictive-capabilities of Pure1, now for Kubernetes apps running on Portworx: With the latest Portworx release, Kubernetes cluster and volume usage metrics collected by Portworx will be sent to Pure1, providing a unified observability stack and support experience for a customer’s Kubernetes applications with Portworx in the Pure1 portal, allowing customer to see their deployments end-to-end and troubleshoot issues with Kubernetes applications. Additionally, as Pure1 collects data necessary to understand deployment patterns, it enables customers to benefit from the predictive support capabilities of Pure1, powered by the Meta® AI engine, which aims to detect anomalies and suggest resolution advice before issues become outages. With Portworx fully integrated with the global Pure support organization, this end-to-end data gives a highly-trained support team the tools necessary to provide market-leading predictive support to all Portworx customers.

Protect Kubernetes applications and achieve fast recovery with Portworx and FlashBlade: PX-Backup was validated to work with FlashBlade – Pure’s unified fast file and object platform – to provide high-performance backup and recovery of Kubernetes-based workloads. By combining PX-Backup with FlashBlade, customers can protect their entire Kubernetes applications, including data and configuration, and benefit from FlashBlade rapid restore of up to 270 TB/hour. Pure released a Reference Architecture for this solution, which will be the first of many validated solutions.

A better container-native storage experience for VMware Tanzu as well as any CSI-compatible storage system: The latest release extends Portworx support for leading Kubernetes platforms with addition of VMware Tanzu (TKG) support via the native Tanzu CSI driver. This means that customers can benefit from container-granular data management such as backup & recovery, encryption, and migration regardless of the storage backing their VMware environment including with vSAN, VVols, and VMFS datastores, or cloud block storage providers. Additionally, with Portworx Enterprise 2.8 supporting the latest CSI specification, Portworx can provide a consistent, Kubernetes-native experience for applications running on any enterprise storage that supports CSI.

A unified experience for all Kubernetes apps running on Pure: With this release, Pure FlashArray and FlashBlade customers can use Portworx Enterprise 2.8 to achieve the highest levels of performance, scale, automation, data protection, and data security for production applications running on Kubernetes. For customers starting their Kubernetes journey without all of these advanced requirements, they can take advantage of a new offer starting this summer. Pure’s first generation Kubernetes offering, Pure Service Orchestrator® (PSO), will become a part of Portworx Essentials, Portworx’s freemium offering, to provide customers with a unified storage orchestration offering for Kubernetes. The new Portworx Essentials offering enables widespread use for customers using FlashArray and FlashBlade and is both included and fully-supported in a customer’s Evergreen™ subscription or Pure as-a-Service™ subscription with more functionality than the current PSO. Additionally, customers can easily upgrade to Portworx Enterprise for additional security, data protection, and scale, while continuing to benefit from the deep integration with Pure. PSO will remain supported through the end of January 2022 at which point all customers will have to be transitioned to Portworx.

“Pure and Portworx together are redefining what storage for modern, cloud-native applications looks like. By delivering storage that can be orchestrated entirely through Kubernetes, Pure is delivering a seamless hybrid cloud experience and changing outcomes for customers.” — Murli Thirumale, VP and GM, Cloud Native Business Unit, Pure Storage

Portworx Enterprise 2.8 is available June 2021. To learn more, visit portworx.com/portworx-enterprise-2-8

About Pure Storage
Pure Storage (NYSE: PSTG) gives technologists their time back. Pure delivers a modern data experience that empowers organizations to run their operations as a true, automated, storage as-a-service model seamlessly across multiple clouds. One of the fastest-growing enterprise IT companies in history, Pure helps customers put data to use while reducing the complexity and expense of managing the infrastructure behind it. And with a certified customer satisfaction score in the top one percent of B2B companies, Pure’s ever-expanding list of customers are among the happiest in the world. For more information, visit www.purestorage.com

Analyst Recognition: Pure Storage has been named a Leader in the 2020 Gartner Magic Quadrant for Primary Storage Arrays — https://www.purestorage.com/resources/gartner-magic-quadrant-primary-storage.html

Connect with Pure

  • Blog — https://blog.purestorage.com/
  • LinkedIn — https://www.linkedin.com/company/pure-storage/
  • Twitter — https://twitter.com/PureStorage
  • Facebook — https://www.facebook.com/PureStorage/

Pure Storage, the Pure P Logo, Portworx, and the marks on the Pure Trademark List at www.purestorage.com/legal/productenduserinfo.html are trademarks of Pure Storage, Inc. Other names are trademarks of their respective owners.

1 — Gartner, Market Guide for Hybrid Cloud Storage, Raj Bala, Julia Palmer, 3 May, 2021

Press Contacts
Kaylin Deutscher
pr@purestorage.com

Amy Wall
Equinix Global
press@purestorage.com

Source: Pure Storage

 

 

 

New features help MSPs deliver better customer experience by improving help desk performance, enhancing cloud security offerings and accelerating Microsoft Teams adoption

SEATTLE, WA – May 13, 2021 — /BackupReview.info/ — SkyKick (www.skykick.com), a global provider of cloud automation and management software for information technology services providers (ITSPs), today announced major upgrades to its Cloud Manager product that will further help ITSPs navigate the increasingly complex world of SMB cloud management. This Cloud Manager release brings significant automation capabilities to Cloud Command, Security, and Teams product areas to help ITSPs better manage and secure cloud customers.

As SMBs continue to rapidly adopt and use SaaS applications, ITSPs worldwide will spend an estimated 500 million labor hours on IT administration annually. A SkyKick study of over 500 ITSPs found that for MSPs with 3 to 5 employees, routine help desk tasks can consume more than 2000 hours each year. With 46% of tickets also being escalated to senior engineers, ITSPs are increasingly placing high priority on improving help desk performance and are adopting automation to manage cloud administration tasks and workflows more efficiently.

“When the cloud emerged just over a decade ago, the IT Service Provider landscape changed forever,” said SkyKick Co-CEO Todd Schwartz. “Now, with the proliferation of SaaS and cloud, we’re entering the age of cloud management for ITSPs, and this intensifies the need for automation to help support customers, secure cloud infrastructure, and improve operational efficiency.”

As SMBs continue their rapid adoption of cloud and remote work solutions, cloud-based communication solutions are increasingly in demand. Microsoft Teams has seen over 400% growth in users, with IT partners able to access significant margins for seats under management, yet many ITSPs shy away from managing teams and other applications because of concerns about technical and business readiness.

Cloud Manager automation will help ITSPs more effectively manage this opportunity through more repeatable deployments, and by empowering Help Desk staff with tools to assess activity and drive Teams adoption.

Finally, ITSPs face thorny cloud security scenarios for themselves and their customers, particularly with managing securely and effectively across multiple cloud services.

91% of SMBs customers report that they would use an ITSP if it offered the right security solutions, yet while ITSPs understand that the opportunity to address growing security needs is massive, they are also finding that implementing effective and scalable programs is no simple exercise.

IT Partners need solutions that help them to strengthen Microsoft 365 security and that use automation to achieve standardization, facilitate regular security assessments and enable the ability to monitor and remediate security gaps.

“We built Cloud Manager to help ITSPs address the operational complexities of supporting their customers across SaaS products and cloud platforms, while also maintaining margins and delivering optimized operations,” said SkyKick Co-CEO Evan Richman. “These upgrades deliver enhanced help desk automation, unlock new cloud security scenarios and provide out of the box capabilities to deploy, secure and support Teams, so that ITSPs can both serve customers better and grow revenues.”

This release focuses on 4 major upgrades for help desk automation, cloud security and management of cross-cloud applications:

Collections – Managing more and more customers in the cloud means that ITSPs must execute thousands of tasks to effectively administer and manage cloud customers. Out of the box collections allow ITSPs to easily discover, share, and use automation that is organized in ways that map to how their business works. ITSPs can also customize pre-populated collections or create their own to map to their unique workflows.

Monitoring and Scheduling – Partners can schedule any task for the future and monitor important customer information like MFA status, mailbox statistics, Microsoft 365 user reports, and more. These upgrades enable powerful security scenarios for SMB customers.

Advanced Permissions and Sharing – Role-based access to the product so that the entire help desk can securely use automation in a way that is tailored to their daily work and responsibilities. These enhancements allow partners to better manage non-secure password sharing and other activities that reduce security compliance.

Accelerating Microsoft Teams Adoption – New features will help ITSPs capitalize on the explosive growth of remote work and Microsoft Teams with automation that enables repeatable customer deployments. Partners will be able to configure Microsoft 365 tenant and teams, create teams from existing groups, protect teams with data-loss-prevention and easily implement enhanced Teams security.

SkyKick hosted a special virtual launch event on May 11th to unveil the new application to the press, ITSPs and the industry at large. Visit this page to get access to the on-demand event or visit the SkyKick website for more details — https://www.skykick.com/cloud-management/automation-use-cases/

About SkyKick
SkyKick is a global provider of cloud management software for IT Services Providers. The company is headquartered in Seattle, Wash., and has offices in Amsterdam, Sydney, and Tokyo. Its products are designed to help build successful cloud businesses by making it easy and efficient for IT providers to migrate, backup and manage their customers in the cloud. Over 25,000 partners worldwide use SkyKick’s products to accelerate their cloud business, and the company has won numerous awards including being named a Microsoft Partner of the Year, Red Herring Top 100 North America winner and one of the “100 Best Companies to Work For” in Washington State. For more information visit skykick.com

Contact:
Danielle Capers
Voxus PR for SkyKick
dcapers@voxuspr.com
(253) 225-5178

Source: SkyKick

 

 

 

The press release below is issued by 4Sight Dynamics Africa. A similar press release by Acronis is found here — https://bit.ly/3bsKaJU

Johannesburg, SA – May 13th, 2021 — /BackupReview.info/ — Acronis has appointed 4Sight Dynamics Africa as a cloud distributor for Central Europe, Middle East and Africa.

4Sight Dynamics Africa, with its existing partner ecosystem now spanning over 51 countries, will represent Acronis as a cloud distributor across Africa, Middle East and Central Europe.

“Whilst we envisage that we will offer and support the full ambit of the Acronis platform, we believe that many of our resellers will be focusing specifically on the backup and disaster recovery capabilities together with the Acronis Cyber Protection features,” said Nick Botha, MD of 4Sight Dynamics Africa.

“The ease of use and breath of the Acronis platform was key to our selection of Acronis as specialised security vendor and as a cloud distributor, we look forward to helping Acronis expand its footprint through our wide network of channel partners,” he adds.

“4Sight has operated on the African continent since their first Alliance territories were setup in 2006. Since that time both the traditional Alliance Branches as well as the purely focussed cloud reseller base have grown in representation now spanning virtually the entire Africa and Middle Eastern region.”

Peter French, GM: Middle East and Africa at Acronis, says: “There is growing demand from customers for efficient protection of their critical data. Acronis’ solutions, such as Acronis Cyber Protect Cloud, answer that need by offering both innovative possibilities including anti-ransomware technology and hybrid cloud architecture.

“By adding 4Sight Dynamics Africa as our newest cloud distributor, we aim at tackling the large demand for cloud solutions with integrated backup, anti-virus, anti-malware and DRaaS. Businesses in Africa are understanding more and more the need to keep their data safe. Any solution that provides integrated data protection and cybersecurity for enterprise, as Acronis does, is currently in highest demand.”

Botha adds: “We are excited about the opportunities we will be able to unlock for our channel partners through the partnership with Acronis. It has been said that data is the oil of the new digital economy and in this current global pandemic and we believe going forward post pandemic times, data protection and cybersecurity will remain a top priority for all organisations of all sizes.”

About Dynamics Africa
Dynamics Africa is an industry leading indirect Cloud Solution Provider (CSP) that empowers an extensive partner network across Africa and the Middle East to take advantage of the Microsoft cloud solutions suite.

At the core of our DNA, is a 100% partner focused team that’s committed to consistent relationship engagement and advisory services to enable our partners to grow their business. We provide our partner network with a competitive edge in positioning new solutions to their customers by on-boarding world class independent software vendors (ISV’s). With exceptional partner service we work together to optimise licensing and spend for maximum profitability.

For more information, visit: https://www.dynamicsafrica.biz/

Contact:
Dynamics Africa
+27 10 596-8558
info@dynamicsafrica.biz

Address:
Dynamics Africa Services (Pty) Ltd
Battler House, 28 Roos St, Fourways,
Johannesburg, SA, 2191

Source: 4Sight Dynamics

 

 

 

Contextual alerting details high-risk data movement on endpoints, in cloud environments and email systems

Minneapolis, MN — May 13, 2021 — /BackupReview.info/ — Code42, the Insider Risk Management leader, today announced that it has enhanced its Incydr™ data risk detection and response product with a prioritized view of the highest-risk data exposure and exfiltration events happening across organizations.

The new prioritization model uses Incydr’s extensive library of Insider Risk Indicators (IRIs) to transparently score data exfiltration with evidence and file, vector and user context. It not only surfaces the data exposure events that require the most urgent attention from security teams, but also improves security teams’ ability to quickly reduce, contain and resolve them. With this new prioritization model, Incydr now directly fills a gap left by existing data security technologies as nearly two-thirds (63%) of today’s IT security leaders report not knowing which Insider Risks to prioritize.

“Security analysts today face a never-ending barrage of alerts,” said Joe Payne, Code42’s president and CEO. “Code42 is addressing this problem head on, showing security teams exactly who and what the biggest risks to their data are, so they can mitigate leaks of proprietary data like source code, product plans and customer information.”

Stop Data Exfiltration: Actionable Prioritization with Incydr
Incydr is purpose-built to help security teams effectively manage the dynamic nature of Insider Risk – that includes prioritizing the risks that matter the most. The trio of attributes that make up Code42’s prioritization model set it apart from others in the industry. Code42’s model is:

  • Context-driven: It is designed to manage ever-changing Insider Risk Indicators. Incydr scores combinations of IRIs, or risky file behaviors and activities – such as file mismatch, off-hours activity, untrusted web uploads, or personal cloud sync app use – for each data exposure or exfiltration event happening across employees’ computers or in corporate cloud and email systems. These IRIs give security teams the critical context they need to determine the level of risk of file exposure events.
  • Pragmatic: It is rooted in real-world Insider Risk expertise. Incydr assigns risk scores for file events, which are created using qualitative security research on the most applicable use cases coupled with telemetry data from Incydr.
  • Adaptable: It effectively pinpoints and scores an organization’s highest risk users and saves investigation time. Security teams can tune prioritization settings for their organization’s unique risk tolerance.

Incydr’s new prioritization model is currently in a Limited Early Access program with a selection of Code42 customers. It is expected to be available to all Incydr customers during the summer of 2021. To learn more technical details about Incydr’s prioritization capabilities, read the Code42 blog.

The Code42® IncydrTM data risk detection and response product allows security teams to effectively mitigate data exposure and exfiltration risks without disrupting legitimate collaboration. It is a SaaS solution purpose-built for Insider Risk Management. Incydr surfaces the top indicators of Insider Risk and accelerates an organization’s ability to detect and respond to data exposure and exfiltration events. Incydr is cloud-native and built to directly address the gaps in conventional data security solutions. Organizations looking for detailed security intelligence about on- and off-network file movements can use Incydr to help identify and act on the greatest indicators of risk to their data.

Additional Resources

  • Take a spin through an interactive demo of Incydr in our free sandbox environment.
  • Join the conversation with Code42 on our blog, LinkedIn, Twitter and YouTube.
  • Read our book, Inside Jobs: Why Insider Risk is the Biggest Cyber Threat you can’t Ignore.

About Code42
Code42 is the leader in insider risk detection and response. Native to the cloud, Code42 rapidly detects data loss, leak, theft and sabotage as well as speeds incident response – all without lengthy deployments, complex policy management or blocking employee productivity. With Code42, security professionals can protect corporate data and reduce insider risk while fostering an open and collaborative culture for employees. Backed by security best practices and control requirements, Code42’s insider risk solution can be configured for GDPR, HIPAA, PCI and other regulatory frameworks.

More than 50,000 organizations worldwide, including the most recognized brands in business and education, rely on Code42 to safeguard their ideas. Founded in 2001, the company is headquartered in Minneapolis, Minnesota, and backed by Accel Partners, JMI Equity and Split Rock Partners. Code42 was recognized by Inc. magazine as one of America’s best workplaces in 2020. For more information, visit code42.com

© 2021 Code42 Software, Inc. All rights reserved. Code42, the Code42 logo and Incydr are registered trademarks or trademarks of Code42 Software, Inc. in the United States and/or other countries. All other marks are properties of their respective owners.

Company Contact:
Kristin McKenzie
Public Relations Principal, Code42
kristin.mckenzie@code42.com
844-333-4242

Source: Code42

 

 

 

Former Dell EMC, ServiceNow and VMware executive appointed to accelerate Modern Data Protection in the region

JOHANNESBURG, South Africa – 13th May 2021 — /BackupReview.info/ — Veeam® Software, the leader in Backup solutions that deliver Cloud Data Management™, today announced the appointment of Chris Norton as Country Manager of Africa. In his new role, Norton will support Veeam’s continued investment and strong presence in Africa and accelerate the region’s growth with a specific focus on Enterprise. Norton will report directly to Patrick Rohrbasser, Regional Vice President, SEMEA and Africa.

With over 25 years’ experience in the IT sector, Norton has a wealth of experience working in digitally-driven businesses. Norton joins Veeam from Dell Technologies where he was Regional Sales Director for the last four years. He also held various senior leadership roles at ServiceNow, VMware, Citrix and Workgroup Distribution.

“Chris is a fantastic asset to our team with his experience in building successful businesses in the Sub-Saharan African region,” said Patrick Rohrbasser, Regional Vice President, SEMEA and Africa, Veeam. “His focus on developing high performing teams will help drive our growth and consolidate our industry-leading position in the market by meeting the data protection needs for cloud, virtual, physical, enterprise and Kubernetes workloads.”

“I am excited to be joining Veeam to execute the company’s Act II vision and accelerate Modern Data Protection in Africa,” said Chris Norton, Country Manager of Africa, Veeam. “Veeam understands that data helps deliver the strategic value of every company and we have a real opportunity to drive Modern Data Protection into the African markets. By guaranteeing the availability and security of data, businesses have greater control and can make better business decisions to fulfil Digital Transformation initiatives. In this increasingly competitive environment, to satisfy these complex customer needs, the most successful companies will turn to more simple, flexible and reliable data protection. I am looking forward to supporting our partners with this growth opportunity and build even stronger and deeper relationships with customers.”

About Veeam Software
Veeam® is the leader in Backup solutions that deliver Cloud Data Management™. Veeam provides a single platform for modernizing backup, accelerating hybrid cloud and securing data. Veeam has 400,000+ customers worldwide, including 82% of the Fortune 500 and 69% of the Global 2,000. Veeam’s 100% channel ecosystem includes global partners, as well as HPE, NetApp, Cisco and Lenovo as exclusive resellers. Veeam has offices in more than 30 countries. To learn more, visitwww.veeam.com or follow Veeam on Twitter @veeam.

Contact:
Veeam Software
Director, Global Public Relations
Heidi Monroe Kroft, 614-339-8200 x8309

Source: Veeam

 

 

 

First quarter subscription revenue grew 17 percent year-over-year to $135.6 million

ARR grew 15 percent year-over-year to $572.5 million

NORWALK, Conn. – May 12, 2021 — /BackupReview.info/ — Datto Holding Corp. (Datto) (NYSE: MSP), the leading global provider of cloud-based software and security solutions purpose-built for delivery by managed service providers (MSPs), today announced its financial results for the first-quarter ended March 31, 2021.

“Our first quarter results represented a great start to the year,” said Tim Weller, Datto’s Chief Executive Officer. “We delivered subscription revenue growth of 17% year over year, added 300 net new partners during the quarter and drove another sequential increase in ARR growth, so the business continues to accelerate. Looking ahead to the rest of 2021, we remain focused on our investments in cloud and security as we give our MSP partners the ability to secure SMB digital assets in a hybrid cloud world no matter where the data and applications live. We see good momentum across the product suite and we are well positioned to capitalize on the large and growing market opportunity ahead of us.”

First Quarter 2021 Financial Results

(In Millions)

Q1 2021

Q1 2020

Y/Y Change

Subscription Revenue(1)

$135.6

$116.0

17%

Total Revenue(1)

$144.9

$124.7

16%

ARR(2)

$572.5

$498.4

15%

Gross Margin

73%

70%

+341 bps

Net Income

$15.3

$1.4

1030%

Adjusted EBITDA(3)

$46.9

$25.0

88%

Net Cash Provided by Operating Activities

$35.2

$(1.3)

NM

Free Cash Flow(3)

$24.5

$(15.2)

NM

1

Subscription Revenue and Total Revenue include benefits from favorable foreign exchange rates of approximately 3%.

2

Annual run-rate revenue (ARR) is the annualized value of all subscription agreements as of the end of a period. We calculate ARR by multiplying the monthly run-rate revenue for the last month of a period by 12.

3

A reconciliation of GAAP to non-GAAP financial measures is provided in the financial statement tables included in this press release. An explanation of these measures is also included under the heading “Non-GAAP Financial Measures.”

Recent Highlights

  • Ended the quarter with more than 17,300 MSP partners, a net increase of 300 in the quarter.
  • Expanded MSPs contributing over $100,000 ARR to 1,150 up from 1,000 at March 31, 2020.
  • Launched Datto Commerce in North America. By simplifying how MSPs quote, sell and procure, Datto Commerce improves operational efficiency and productivity for MSPs.
  • Hosted our fourth MSP Tech Day, with a focus on cyber resilience. The event delivered a deep dive into cybersecurity, business continuity, and incident response to help MSPs and their small and medium business (SMB) clients protect against growing cyber threats.
  • Announced the findings of a commissioned study by Forrester highlighting that Datto’s integrated solutions yielded an average return on investment (ROI) of 256% within a three year period for MSPs, with the platform paying for itself in less than six months.
  • Recognized as a Strategic, high-performance RMM/PSA vendor by Canalys in their recent RMM/PSA vendor Point of View report.
  • Closed the acquisition of BitDam, an Israel-based cyber security company that protects SMBs against ransomware, malware, and phishing threats. BitDam’s elite team and leading cyber threat detection technology significantly enhance Datto’s cyber resilience solutions.

Second Quarter and Full Year 2021 Financial Outlook

Datto is providing the following guidance for the first quarter and full-year 2021:

Q2 2021 Outlook

FY 2021 Outlook

Revenue

$146 – $148 million

$594 – $600 million

Adjusted EBITDA

$34 – $35 million

$134 – $138 million

Datto First Quarter 2021 Results Conference Call

When: Wednesday, May 12, 2021
Time: 5:00 pm ET
Conference ID: 1110219
Live Call: 1-833-312-1358 (US/Canada Toll-Free) or 1-236-712-2458 (International)
Replay: 1-800-585-8367 (US/Canada Toll-Free) or 1- 416-621-4642 (International)
(The replay will be available approximately two hours after the completion of the live call until 11:59 pm ET on May 19, 2021)
Webcast: https://investors.datto.com

About Datto

As the world’s leading provider of cloud-based software and security solutions purpose-built for delivery by managed service providers (MSPs), Datto believes there is no limit to what small and medium businesses (SMBs) can achieve with the right technology.

Datto’s proven Unified Continuity, Networking, and Business Management solutions drive cyber resilience, efficiency, and growth for MSPs. Delivered via an integrated platform, Datto’s solutions help its global ecosystem of MSP partners serve over one million businesses around the world. From proactive dynamic detection and prevention to fast, flexible recovery from cyber incidents, Datto’s solutions defend against costly downtime and data loss in servers, virtual machines, cloud applications, or anywhere data resides.

Since its founding in 2007, Datto has won numerous awards for its product excellence, superior technical support, rapid growth, and for fostering an outstanding workplace. With headquarters in Norwalk, Connecticut, Datto has global offices in Australia, Canada, China, Denmark, Germany, Israel, the Netherlands, Singapore, and the United Kingdom.

Learn more at datto.com

Forward-Looking Statements

This press release contains forward-looking statements that reflect Datto’s current expectations and projections with respect to, among other things, its financial condition, results of operations, plans, objectives, future performance, and business. These statements may be preceded by, followed by or include the words ‘‘anticipate,’’ ‘‘estimate,’’ ‘‘expect,’’ ‘‘project,’’ ‘‘plan,’’ ‘‘intend,’’ ‘‘believe,’’ ‘‘may,’’ ‘‘will,’’ ‘‘should,’’ ‘‘can have,’’ ‘‘likely’’ and the negatives thereof and other words and terms of similar meaning. Further information on potential factors that could affect our results is included in our Annual Report on Form 10-K.

Forward-looking statements include all statements that are not historical facts. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements.

There is no assurance that any forward-looking statements will materialize. You are cautioned not to place undue reliance on forward-looking statements, which reflect expectations only as of this date. Datto undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise.

Non-GAAP Financial Measures

In addition to our results determined in accordance with generally accepted accounting principles in the United States (“GAAP”), we believe that the non-GAAP financial measures of Non-GAAP Subscription Cost of Revenue, Non-GAAP Device Cost of Revenue, Non-GAAP Professional Services and Other Cost of Revenue, Non-GAAP Depreciation and Amortization in Cost of Revenue, Non-GAAP Cost of Revenue, Non-GAAP Gross Profit, Non-GAAP Sales and Marketing expense, Non-GAAP Research and Development expense, Non-GAAP General and Administrative expense, Non-GAAP Depreciation and Amortization in Operating Expenses, Non-GAAP Operating Expenses, Non-GAAP Income from Operations, Non-GAAP Net Income and Non-GAAP Net Income Per Share, Adjusted EBITDA, and Free Cash Flow are useful in evaluating our operating performance. Certain of these measures exclude interest and other (income) expense, net, loss on extinguishment of debt, depreciation and amortization, stock-based compensation expense, restructuring expense and transaction related and other expense. In addition, for Non-GAAP Net Income we utilize a non-GAAP tax rate of 25%, which we believe reflects our normalized effective tax rate. We believe that non-GAAP financial information, when taken collectively, may be helpful to investors because it provides consistency and comparability with past financial performance and assists in comparisons with other companies, some of which use similar non-GAAP financial information to supplement their GAAP results. The non-GAAP financial information is presented for supplemental informational purposes only, and should not be considered a substitute for financial information presented in accordance with GAAP, and may be different from similarly-titled non-GAAP measures used by other companies.

Reconciliation tables of the most directly comparable GAAP financial measures to the non-GAAP financial measures used in this press release are included with the financial tables at the end of this press release.

Datto is not providing a quantitative reconciliation of forward-looking guidance of Adjusted EBITDA to its most directly comparable GAAP measure because certain items are out of Datto’s control or cannot be reasonably predicted, as the items are uncertain, depend on various factors, and could have a material impact on GAAP reported results for the guidance period. Accordingly, a reconciliation for forward-looking Adjusted EBITDA is not available without unreasonable effort.

For more information about Datto, including supplemental financial information, please visit the investor relations website at investors.datto.com

DATTO HOLDING CORP.

Condensed Consolidated Statements of Operations

(in thousands, except share and per share amounts)

(unaudited)

Three Months Ended March 31,

2021

2020

Revenue:

Subscription

$

135,590

$

115,995

Device

8,385

8,081

Professional services and other

934

587

Total revenue

144,909

124,663

Cost of revenue:

Subscription

20,930

21,766

Device

9,498

9,117

Professional services and other

1,502

1,538

Depreciation and amortization

6,625

4,994

Total cost of revenue

38,555

37,415

Gross profit

106,354

87,248

Operating expenses:

Sales and marketing

31,926

31,957

Research and development

22,474

16,733

General and administrative

24,621

21,784

Depreciation and amortization

6,570

6,917

Total operating expenses

85,591

77,391

Income from operations

20,763

9,857

Other expense:

Interest expense

102

9,006

Other (income) expense, net

(19)

1,329

Total other expense

83

10,335

Income (loss) before income taxes

20,680

(478)

(Provision for) benefit from income taxes

(5,394)

1,831

Net income

$

15,286

$

1,353

Net income per share attributable to common stockholders:

Basic

$

0.09

$

0.01

Diluted

$

0.09

$

0.01

Weighted-average shares used in computing net income per share:

Basic

161,066,404

135,386,420

Diluted

164,734,402

136,268,713

DATTO HOLDING CORP.

Condensed Consolidated Balance Sheets

(in thousands)

(unaudited)

March 31,

December 31,

2021

2020

ASSETS

Current assets

Cash and cash equivalents

$

147,819

$

168,877

Restricted cash

1,375

1,536

Accounts receivable, net

12,920

13,946

Inventory

19,332

13,811

Prepaid expenses and other current assets

32,089

28,316

Total current assets

213,535

226,486

Property and equipment, net

95,408

91,876

Operating lease assets

33,881

Goodwill

1,143,796

1,120,954

Intangible assets, net

308,711

287,395

Other assets

70,582

66,560

Total assets

$

1,865,913

$

1,793,271

LIABILITIES AND STOCKHOLDERS’ EQUITY

Current liabilities

Accounts payable

$

10,425

$

7,574

Accrued expenses and other current liabilities

48,845

39,461

Deferred revenue

21,838

23,763

Total current liabilities

81,108

70,798

Deferred revenue, noncurrent

3,423

3,322

Deferred income taxes

27,895

18,947

Operating lease liabilities, noncurrent

35,303

Other long-term liabilities

3,814

11,736

Total liabilities

151,543

104,803

Commitments and contingencies

STOCKHOLDERS’ EQUITY

Common stock

161

161

Additional paid-in capital

1,767,015

1,755,387

Treasury stock

(3,621)

(3,621)

Accumulated deficit

(49,940)

(65,226)

Accumulated other comprehensive income

755

1,767

Total stockholders’ equity

1,714,370

1,688,468

Total liabilities and stockholders’ equity

$

1,865,913

$

1,793,271

DATTO HOLDING CORP.

Condensed Consolidated Statements of Cash Flows

(in thousands)

(unaudited)

Three Months Ended
March 31,

2021

2020

OPERATING ACTIVITIES

Net income

$

15,286

$

1,353

Adjustments to reconcile net income to net cash provided by (used in) operating activities:

Depreciation

7,461

6,334

Amortization of acquired intangible assets

5,734

5,577

Amortization of debt issuance costs

84

421

Reserve for inventory obsolescence

36

Non-cash operating lease expense

1,870

Stock-based compensation

11,511

1,914

Provision for bad debt

1,211

799

Deferred income taxes

4,717

(2,895)

Unrealized foreign exchange

(626)

1,938

Changes in operating assets and liabilities:

Accounts receivable

(160)

(3,129)

Inventory

(5,559)

(7,010)

Prepaid expenses and other current assets

(3,820)

(4,256)

Other assets

(4,083)

(584)

Accounts payable, accrued expenses and other

3,535

(2,563)

Deferred revenue

(2,030)

824

Net cash provided by (used in) operating activities

35,167

(1,277)

INVESTING ACTIVITIES

Purchase of property and equipment

(10,681)

(13,920)

Acquisition of business, net of cash acquired

(45,486)

Net cash used in investing activities

(56,167)

(13,920)

FINANCING ACTIVITIES

Proceeds from debt

32,100

Repayments of debt and capital leases

(28)

(1,578)

Capitalized transaction costs

(414)

(724)

Proceeds from stock option exercises

177

2,500

Net cash (used in) provided by financing activities

(265)

32,298

Effect of exchange rate changes on cash

46

(1,022)

Net increase (decrease) in cash

(21,219)

16,079

Cash and cash equivalents and restricted cash, beginning of year

170,413

29,066

Cash and cash equivalents and restricted cash, end of period

$

149,194

$

45,145

Reconciliation of cash and restricted cash:

Cash

$

147,819

$

43,836

Restricted cash

$

1,375

$

1,309

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION

Cash paid for income taxes

$

226

$

31

Cash paid for interest

$

$

8,523

NON-CASH INVESTING AND FINANCING ACTIVITIES

Purchase of property and equipment included in accounts payable

$

271

$

487

Unpaid initial public offering costs in total current liabilities

$

270

$

2,034

DATTO HOLDING CORP.

Non-GAAP Condensed Consolidated Statements of Operations

(in thousands, except share and per share amounts)

(unaudited)

Three Months Ended
March 31,

2021

2020

Revenue:

Subscription

$

135,590

$

115,995

Device

8,385

8,081

Professional services and other

934

587

Total revenue

144,909

124,663

Cost of revenue:

Subscription

19,702

21,746

Device

9,436

9,117

Professional services and other

1,399

1,538

Depreciation and amortization

5,313

3,819

Total cost of revenue

35,850

36,220

Gross profit

109,059

88,443

Operating expenses:

Sales and marketing

29,631

31,313

Research and development

17,600

16,423

General and administrative

20,233

19,543

Depreciation and amortization

2,148

2,515

Total operating expenses

69,612

69,794

Income from operations

39,447

18,649

Other expense:

Interest expense

102

9,006

Other (income) expense, net

(19)

1,329

Total other expense

83

10,335

Income before income taxes

39,364

8,314

Provision for income taxes

(9,841)

(2,079)

Net income

$

29,523

$

6,235

Net income per share attributable to common stockholders:

Basic

$

0.18

$

0.05

Diluted

$

0.18

$

0.05

Weighted-average shares used in computing net income per share:

Basic

161,066,404

135,386,420

Diluted

164,734,402

136,268,713

DATTO HOLDING CORP.

GAAP to Non-GAAP Reconciliations and Calculation of Other Key Metrics

(in thousands, except percentages and share and per share amounts)

(unaudited)

Three Months Ended March 31,

2021

2020

Non-GAAP Subscription Cost of Revenue

GAAP subscription cost of revenue

$

20,930

$

21,766

Stock-based compensation expense

(1,228)

(20)

Non-GAAP subscription cost of revenue

$

19,702

$

21,746

Non-GAAP Device Cost of Revenue

GAAP device cost of revenue

$

9,498

$

9,117

Stock-based compensation expense

(62)

Non-GAAP device gross cost of revenue

$

9,436

$

9,117

Non-GAAP Professional Services and Other Cost of Revenue

GAAP professional services and other cost of revenue

$

1,502

$

1,538

Stock-based compensation expense

(103)

Non-GAAP professional services and other cost of revenue

$

1,399

$

1,538

Non-GAAP Depreciation and Amortization in Cost of Revenue

GAAP depreciation and amortization in cost of revenue

$

6,625

$

4,994

Amortization of acquired intangible assets

(1,312)

(1,175)

Non-GAAP depreciation and amortization in cost of revenue

$

5,313

$

3,819

Non-GAAP Cost of Revenue

GAAP cost of revenue

$

38,555

$

37,415

Amortization of acquired intangible assets

(1,312)

(1,175)

Stock-based compensation expense

(1,393)

(20)

Non-GAAP cost of revenue

$

35,850

$

36,220

Non-GAAP Gross Profit

GAAP gross profit

$

106,354

$

87,248

Amortization of acquired intangible assets

1,312

1,175

Stock-based compensation expense

1,393

20

Non-GAAP gross profit

$

109,059

$

88,443

Non-GAAP gross margin

75.3

%

70.9

%

DATTO HOLDING CORP.

GAAP to Non-GAAP Reconciliations and Calculation of Other Key Metrics

(in thousands, except percentages and share and per share amounts)

(unaudited)

Three Months Ended March 31,

2021

2020

Non-GAAP Sales and Marketing

GAAP sales and marketing expense

$

31,926

$

31,957

Stock-based compensation expense

(2,295)

(644)

Non-GAAP sales and marketing expense

$

29,631

$

31,313

Non-GAAP sales and marketing as a % of revenue

20.4

%

25.1

%

Non-GAAP Research and Development

GAAP research and development expense

$

22,474

$

16,733

Stock-based compensation expense

(4,874)

(310)

Non-GAAP research and development expense

$

17,600

$

16,423

Non-GAAP research and development as a % of revenue

12.1

%

13.2

%

Non-GAAP General and Administrative

GAAP general and administrative expense

$

24,621

$

21,784

Stock-based compensation expense

(2,949)

(940)

Transaction related and other expense

(1,439)

(1,301)

Non-GAAP general and administrative expense

$

20,233

$

19,543

Non-GAAP general and administrative as a % of revenue

14.0

%

15.7

%

Non-GAAP Depreciation and Amortization in Operating Expenses

GAAP depreciation and amortization in operating expenses

$

6,570

$

6,917

Amortization of acquired intangible assets

(4,422)

(4,402)

Non-GAAP depreciation and amortization in operating expense

$

2,148

$

2,515

Non-GAAP depreciation and amortization in operating expense as a % of revenue

1.5

%

2.0

%

Non-GAAP Operating Expenses

GAAP operating expenses

$

85,591

$

77,391

Amortization of acquired intangible assets

(4,422)

(4,402)

Stock-based compensation expense

(10,118)

(1,894)

Transaction related and other expense

(1,439)

(1,301)

Non-GAAP operating expenses

$

69,612

$

69,794

Non-GAAP operating expenses as a % of revenue

48.0

%

56.0

%

Non-GAAP Income From Operations

GAAP income from operations

$

20,763

$

9,857

Amortization of acquired intangible assets

5,734

5,577

Stock-based compensation expense

11,511

1,914

Transaction related and other expense

1,439

1,301

Non-GAAP income from operations

$

39,447

$

18,649

Non-GAAP operating margin

27.2

%

15.0

%

DATTO HOLDING CORP.

GAAP to Non-GAAP Reconciliations and Calculation of Other Key Metrics

(in thousands, except percentages and share and per share amounts)

(unaudited)

Three Months Ended March 31,

2021

2020

Non-GAAP Net Income and Net Income Per Share

GAAP net income

$

15,286

$

1,353

GAAP provision for (benefit from) income taxes

5,394

(1,831)

GAAP income (loss) before income taxes

20,680

(478)

Amortization of acquired intangible assets

5,734

5,577

Stock-based compensation expense

11,511

1,914

Transaction related and other expense

1,439

1,301

Non-GAAP provision for income taxes

(9,841)

(2,079)

Non-GAAP net income

$

29,523

$

6,235

Non-GAAP net income per share attributable to common shareholders:

Basic

$

0.18

$

0.05

Diluted

$

0.18

$

0.05

Weighted-Average Shares used in computing Non-GAAP Net Income per Share:

GAAP and Non-GAAP weighted-average shares used in computing net income per share, basic

161,066,404

135,386,420

GAAP and Non-GAAP weighted-average shares used in computing net income per share, diluted

164,734,402

136,268,713

Adjusted EBITDA

GAAP net income

$

15,286

$

1,353

Interest and other expense, net

83

10,335

Depreciation and amortization

13,195

11,911

Provision for (benefit from) income tax

5,394

(1,831)

Stock-based compensation expense

11,511

1,914

Transaction related and other expense

1,439

1,301

Adjusted EBITDA

$

46,908

$

24,983

Adjusted EBITDA margin

32.4

%

20.0

%

Free Cash Flow

GAAP net cash provided by operating activities

$

35,167

$

(1,277)

Less: Purchases of property and equipment

(10,681)

(13,920)

Free cash flow

$

24,486

$

(15,197)

Contacts

Media:
Shoba V. Lemoine
communications@datto.com

Investors:
Ryan Burkart
ir@datto.com

Source: Datto, Inc.

 

 

 

ENGLEWOOD CLIFFS, NJ – May 12, 2021 — /BackupReview.info/ — OwnBackup, a leading cloud-to-cloud data protection provider, has been named to Inc. magazine’s annual list of the Best Workplaces for 2021. Hitting newsstands May 18 in the May/June 2021 issue, and as part of a prominent Inc.com feature, the list is the result of a wide-ranging and comprehensive measurement of American companies that have created exceptional workplaces and company culture whether teams are operating in person or remotely.

In today’s world, where a workplace can mean so many different things, OwnBackup has committed to maintaining remote learning and development programs, team-building activities, competitive benefits, and other initiatives that have built a strong workplace community. More than 97.6% of OwnBackup employees are highly or moderately engaged, according to the Quantum Workplace employee survey. In addition, OwnBackup’s employee benefits scored 4% higher than the average similar-sized company finalists and 17% higher than the average similar-sized company in their region.

Collecting data from thousands of submissions, Inc. singled out 429 honorees this year. Each nominated company took part in an employee survey, conducted by Quantum Workplace, on topics including management effectiveness, perks, and fostering employee growth. The organization’s benefits were also audited to determine the company’s overall score and ranking.

“We’re extremely proud to have been recognized among this distinguished group of companies. At OwnBackup, we offer tremendous opportunities for professional development, as well as the chance to make an impact in a rapidly growing, best-in-class SaaS company,” said Sam Gutmann, CEO at OwnBackup. “Our strong culture has enabled us to better serve our customers and work toward our mission of making sure no company operating in the cloud ever loses data.”

Bolstered by their recent Series D investment of $167.5 million, OwnBackup has become one of the fastest-growing SaaS companies in North America and is currently hiring for roles across all departments, including sales, marketing, customer success, product, engineering and more.

Find out more about working at OwnBackup and view current open positions: https://www.ownbackup.com/careers

About OwnBackup
OwnBackup (www.ownbackup.com) covers data loss and corruption caused by human errors, malicious intent, integration errors, and rogue applications. Built for security and privacy, OwnBackup exceeds the General Data Protection Regulation (GDPR) requirements for backed-up data.

Co-founded by seasoned data-recovery, data-protection, and information-security experts, OwnBackup is a backup and restore independent software vendor (ISV) on Salesforce AppExchange. Headquartered in Englewood Cliffs, New Jersey with Research and Development (R&D), support, and other functions in Tel Aviv and London. OwnBackup is the partner of choice for some of the world’s largest users of SaaS applications.

About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com

About Quantum Workplace
Quantum Workplace, based in Omaha, Nebraska, is an HR technology company that serves organizations through employee-engagement surveys, action-planning tools, exit surveys, peer-to-peer recognition, performance evaluations, goal tracking, and leadership assessment. For more information, visit QuantumWorkplace.com

Contact:
Joshua Kroon
Joshua.Kroon@allisonpr.com
Allison+Partners for OwnBackup
OwnBackup@allisonpr.com

Source: OwnBackup

 

 

 

Advanced data back-up, protection and recovery by StorageCraft, an Arcserve Company, benefits from Google Cloud global scale, elasticity, and data security

StorageCraft DRaaS now available on the Google Cloud Marketplace

DRAPER, Utah – May 11, 2021 — /BackupReview.info/ — StorageCraft, an Arcserve Company, whose mission is to protect all data and ensure its constant availability, today announced a partnership with Google Cloud to offer its StorageCraft Disaster Recovery as a Service (DRaaS) on the Google Cloud Marketplace. The award-winning StorageCraft DRaaS solution has been explicitly architected to take advantage of the power of Google Cloud. Available immediately, StorageCraft DRaaS, acclaimed for its recovery capabilities, including one-click orchestrated recovery, is now available and optimized on the public cloud via the Google Cloud Marketplace. It advances the company’s multi and hybrid cloud strategy to bring its extensive breadth and depth of solutions for all customer data environments regardless of size, complexity, and location.

The launch of StorageCraft DRaaS on the Google Cloud Marketplace follows months of collaboration between the two companies to ensure the solution is architected and fine-tuned to optimize the benefits of advanced cloud data management, protection, and recovery cloud services with Google Cloud infrastructure for speed, elasticity, and scale. The integration and optimization process were facilitated by the fact that Google Cloud opened a Salt Lake City data center in 2020. StorageCraft’s headquarters’ proximity makes it an ideal location to cooperate, test, and roll out expanded services.

Customers stand to realize significant advantages in data security with StorageCraft’s purpose-built, advanced DRaaS that delivers orchestrated failover for complete business continuity, plus the operational efficiency, data security, elasticity, and scalability of Google Cloud and its hyper-scale data centers.

By taking advantage of this DRaaS offering on the Google Cloud Marketplace, customers benefit from:

  • Enterprise-grade protection: DRaaS by StorageCraft, an Arcserve Company, enables organizations to meet their business continuity and disaster recovery readiness objectives by allowing them to spin up their entire infrastructure in a single click with its pre-staged orchestration to virtualize machines in the cloud. It then leverages Google Cloud to speed replication rates and instantly restore data remotely, allowing IT organizations to meet stringent RPO/RTO requirements.
  • Simple, Powerful Customization and Management: Customers will continue to benefit from StorageCraft’s simple self-service portal that puts them in control of their data. The portal gives Solution Providers and customers alike one-stop access to highly customizable and easy-to-manage cloud-based disaster recovery with 24/7 monitoring to ensure RPO and RTOs are always met.
  • Consumption-driven billing: StorageCraft DRaaS offers consumption-driven billing that is fully integrated with the Google Cloud Marketplace.

“We are pleased that StorageCraft is available on the Google Cloud Marketplace,” said Amy Bray, Global Head, Google Cloud Marketplace at Google Cloud. “Organizations can deploy StorageCraft with ease and, as they scale, quickly leverage the StorageCraft DRaaS capabilities of data security, recovery and management as they migrate critical workloads and data into the cloud.”

Said Shridar Subramanian, CMO at Arcserve: “Our customers are going to be extremely excited with this addition to Arcserve’s ongoing hybrid data center strategy. It not only provides greater scale, elasticity, compliance, and data security options, it also changes the economics of data recovery, making cloud based DRaaS significantly more attractive than in-house implementations.”

Pricing and Availability: DRaaS by StorageCraft, an Arcserve Company, is available immediately through StorageCraft’s network of authorized resellers and distributors and on the Google Cloud Marketplace. Visit StorageCraft.com/how-buy for more information and to connect with a reseller that can help assess your data-management needs and provide detailed pricing information.

Follow us on Twitter, LinkedIn, and Facebook.

Read the latest data backup and recovery thought leadership articles on our Blog — https://blog.storagecraft.com/

About StorageCraft, an Arcserve Company
With decades of award-winning IP, plus a continuous focus on innovation, StorageCraft, an Arcserve Company, assures its partners and customers of the fastest route to next-generation data workloads and infrastructures. Our product portfolio provides the broadest set of best-in-class solutions to manage, protect and recover all data workloads, regardless of size, location, or complexity. A unified solution portfolio, comprising Arcserve and StorageCraft technology, eliminates complexity while bringing best-in-class, cost-effective, agile, and massively scalable data protection and certainty across all data environments. This includes on-prem, off-prem (including DRaaS, BaaS, and Cloud-to-Cloud), hyper-converged, and edge infrastructure. As an Arcserve company, StorageCraft is 100% channel-centric and has a presence in over 150 countries. For more information, visit storagecraft.com

StorageCraft, OneXafe, ShadowXafe, OneSystem, and ShadowProtect are trademarks of StorageCraft Technology, LLC. Other company and product names may be trademarks or registered trademarks of their respective owners. Copyright StorageCraft Technology, LLC 2021. All rights reserved.

Contact Information:
Jock Breitwieser
Arcserve
+1 408.800.5625
jock.breitwieser@arcserve.com

Source: StorageCraft

 

 

 

Includes New Cloud Storage Provider Certifications, Platform Updates for Apple macOS, and Performance Enhancements

SUNNYVALE, CA – May 11, 2021 — /BackupReview.info/ — For those that are anticipating upcoming graduations and Father’s Day with excitement and pride — and perhaps at a loss for the ideal gift — Retrospect™, a StorCentric company, today announced its 2nd annual Dads & Grads Promotion. For a limited time, Retrospect is offering a free, no strings attached, 90-day subscription license for every Retrospect Backup product.

Retrospect’s trusted data protection suite ensures thousands of businesses around the world can recover quickly from accidents, hardware failure, theft and disaster. With its complete coverage of Windows, Mac, and Linux computers, as well as VMware and Hyper-V virtualization platforms, Retrospect provides holistic protection for any business, with cloud storage support for offsite locations on Amazon S3, Google Cloud Storage, and many other services.

“The news is filled with horror stories about the increasing level of aggressiveness and sophistication of cyber-attacks, and the fact that today’s work, learn and shop from home paradigm has opened yet another door and opportunity for the world’s bad actors,” said JG Heithcock, GM of Retrospect, a StorCentric Company. “Ransomware attacks alone mushroomed by 150% in 2020, with the average extortion amount doubling, according to a report from Group-IB.”

“Of course, this is a time of year that is traditionally filled with optimism. It is a time to look back with appreciation for all that has been accomplished and forward to a future filled with possibility–a sentiment especially important given all that transpired over the past year,” continued Heithcock. “We are therefore once again offering Dads, Grads and anyone with data to protect the opportunity to do so absolutely free of charge for 90 days. This is the ideal gift to give to a dad or grad, or even to yourself, whether you are focused on protecting years of personal photos and video memories or important business documents.”

Please visit: https://www.retrospect.com/dads_and_grads to learn more. Click on one of the buttons on the page or use the coupon code ‘DADGRAD’ on Retrospect’s online store to receive a free 90-day subscription license. No credit card is required, and you can cancel at any time and still restore your backups. You can also contact the Retrospect sales team by email at na.sales@retrospect.com or by phone at 1-888-376-1078, to request your free 90-day subscription license.

Tweet this: @RetrospectInc Dads & Grads Promotion Launches – Offering #Free 90-Day Subscription License for Every Retrospect #Backup Product https://www.retrospect.com/dads_and_grads @StorCentric #DataProtection #Security #Ransomware #Promotion

About Retrospect: https://www.retrospect.com/

About StorCentric: www.storcentric.com

PR Contact:
Nicole Gorman
Touchdown
Mobile: 508-397-0131
Email: ngorman@touchdownpr.com
Skype: gormancomm

Source: Retrospect

 

 

 

GROVE, UK – 11th May, 2021 — /BackupReview.info/ — Williams Racing is pleased to welcome Vuzion, a UK-based cloud distributor, as the Acronis #CyberFit Delivery Partner, in line with the Cyber Protection Partnership between Williams and Acronis that was renewed earlier this year.

Since Williams and Acronis first partnered at the start of the 2018 Formula One season. Acronis has helped the team manage growing volumes of data without compromising the security and flexibility mandated by the sport.

Williams has benefited from Acronis Cyber Protect since 2020, a unique AI-enhanced solution that integrates data protection with cybersecurity, preventing cyberattacks and helping the team avoid downtime. Acronis uniquely combines automation and integration, ensuring the prevention, detection, response, recovery, and analysis needed to safeguard all workloads while streamlining protection efforts. Acronis technology is designed to address the safety, accessibility, privacy, authenticity, and security (SAPAS) challenges of modern organizations at the highest levels of business and competitive sport.

The Vuzion logo will be proudly displayed on the FW43B for eight races throughout the season, the first of which will be the Monaco Grand Prix.

Tim Hunt, Chief Marketing Officer for Williams Racing, said: “We are delighted to welcome Vuzion to Williams as Acronis’ #CyberFit Delivery Partner. The values we share with Acronis, to push technology and innovation is pivotal to both parties. Introducing Vuzion as the Acronis #CyberFit Delivery Partner helps drive continuous improvement that we are all working towards and I look forward to working with Vuzion as the team embarks on its next chapter.”

Michael Frisby, Managing Director, Vuzion, commented: “At the heart of Vuzion’s values, is a passion to be the best partner we can be each day for our vendors and resellers. We are only successful if our partners are successful! Our #Cyberfit Delivery Partnerships with Acronis and, by extension, our shared commitment to the Cyber Protection Partnership with Williams, are tied to that philosophy.

“Vuzion has the spirit of a Formula One competitor, where you must be the best you can be, every day. Like Williams Racing, Vuzion is continually pushing for marginal gains in how its team and systems operate.

“Just as Williams focus on finding every tenth of a second in performance, so Vuzion and Acronis strive to provide their joint resellers, the very best service to power the ultimate cyber protection for their customers.”

Jan-Jaap Jager, the Board Advisor and Chief Revenue Officer at Acronis added: “We are proud to support one of the most iconic Formula One teams on the grid together with Vuzion. Motorsport depends on data-driven decisions in the office and on the track. With Vuzion’s support of our partnership, we’ll ensure Williams receives the best technology and service to maximise their #CyberFit potential.”

About Vuzion
Based in Fareham, Hampshire, and Dublin, Ireland, Vuzion is a cloud aggregator and distributor. An award-winning platinum Acronis partner and Microsoft CSP Indirect Provider. With 25 years’ cloud experience, Vuzion brings together platforms, services and specialists, to support resellers, MSPs, and ISVs, in developing their services and bringing their products and solutions to a continually evolving ecosystem.

About Acronis
Acronis unifies data protection and cybersecurity to deliver integrated, automated cyber protection that solves the safety, accessibility, privacy, authenticity, and security (SAPAS) challenges of the modern digital world. With flexible deployment models that fit the demands of service providers and IT professionals, Acronis provides superior cyber protection for data, applications, and systems with innovative next-generation antivirus, backup, disaster recovery, and endpoint protection management solutions. With award-winning AI-based antimalware and blockchain-based data authentication technologies, Acronis protects any environment – from cloud to hybrid to on-premises – at a low and predictable cost.

Founded in Singapore in 2003 and incorporated in Switzerland in 2008, Acronis now has more than 1,500 employees in 33 locations in 18 countries. Its solutions are trusted by more than 5.5 million home users and 500,000 companies, including 100% of the Fortune 1000, and top-tier professional sports teams. Acronis products are available through 50,000 partners and service providers in over 150 countries in more than 40 languages.

About Williams Racing
Williams Grand Prix Engineering Limited’s core competencies are the design and development of racing cars to compete in the Formula One World Championship. As one of the world’s leading Formula One teams, the company has secured 16 FIA Formula One World Championship titles since its foundation in 1977. Nine of these titles have been won in the Constructors’ Championship in association with Cosworth, Honda and Renault. The remaining seven titles were won in the Drivers’ Championship with Alan Jones, Keke Rosberg, Nelson Piquet, Nigel Mansell, Alain Prost, Damon Hill and Jacques Villeneuve.

Connect with Williams Racing:

  • Twitter: https://twitter.com/williamsracing
  • Facebook: https://www.facebook.com/WilliamsF1Team/
  • LinkedIn: https://www.linkedin.com/company/williamsracing/
  • Instagram: https://www.instagram.com/williamsracing
  • Youtube: https://www.youtube.com/user/WilliamsF1TV

Contact:
Williams Racing
www.williamsf1.com/contact

Address:
Williams Racing
Grove, Wantage, Oxfordshire,
UK, OX12 0DQ

Source: Williams Racing

 

 

 

Easy to manage cloud platform creates operational, cost, and compliance efficiency for Form I-9 and E-Verify solutions provider

ANN ARBOR, Mich. – May 12, 2021 — /BackupReview.info/ — Otava, a global leader in secure and compliant cloud solutions, today announced that Form I-9 Compliance, provider of technology solutions and consulting services for Form I-9 and E-Verify compliance, is relying on Otava’s self-managed private cloud and storage solutions to protect and support its growing volume of Personal Identifiable Information (PII) customer data.

“Otava’s private cloud platform is secure and compliant which is of paramount importance to us as our business handles highly regulated information,” said Chas Patterson, CIO of Form I-9. “Otava makes it easier for us to perform our SOC 2 Type 2 security reporting and gives our clients an ultra-reliable, highly-available private cloud environment that provides peace of mind. Because everything is fully scalable and protected, we can better serve our customers.”

Form I-9 Compliance provides a range of business-critical documentation verification services for thousands of clients and partners. Its Form I-9 and E-Verify solutions help employers attain legal compliance through its suite of services. Migrating from its in-house data center to Otava’s self-managed private cloud residing on a VMware Cloud Verified® platform provides compliant, efficient, cost effective support for its production environment. Otava’s Data Protection as a Service (DPaaS) mitigates risk by executing near real-time replication for mission critical data. Together, they protect Form I-9’s environment with a scalable, reliable, and compliant solution.

“Otava bakes compliance into every layer of our solutions and facilities so that our customers like Form I-9 can more easily achieve the necessary standards and pass along those benefits to their customers,” said Brad Cheedle, CEO, Otava. “Our fully integrated and cost optimized cloud platform provides the ability to scale immediately as needed. For I-9, that means increasing transaction volumes will never be an issue, and growth potential is virtually limitless.”

Migrating to the cloud creates significant cost savings for Form I-9 and also enables the company to scale up as needed without added resources. Form I-9’s primary systems are hosted by Otava and replicated in near real-time to a separate Otava cloud node for diversity, which allows Form I-9 to further protect its data across all locations.

Otava’s self-managed private cloud for service providers is optimized to give them deep control of their environment and granular usage-based visibility to more easily manage their end clients. The flexible cloud platform provides IT teams with more agility, control, and autonomy over their cloud operations. For service providers, Otava’s private cloud offers self-service control over deployment and administration which results in improved multi-tenant oversight, performance, and efficiencies. Enterprises benefit from reduced complexity, improved business agility and scalability of resources. It also gives enterprises the power to innovate and service providers the tools to efficiently expand their cloud offerings, all within a framework of robust security.

About Otava
Otava provides secure, compliant hybrid cloud solutions for service providers, channel partners, SLED and enterprise clients. By actively aggregating best-of-breed cloud companies and investing in people, tools, and processes, Otava’s global footprint continues to expand. The company provides its customers with a clear path to transformation through its highly effective solutions and broad portfolio of hybrid cloud, data protection, disaster recovery, security and colocation services, all championed by its exceptional support team.

Otava Media Contact:
Christy Kemp
Phone: 303-898-3390
ckemp@dahliapr.com

Source: Otava

 

 

 

Compass Commander GUI Provides ‘Single Pane of Glass’ for Customers to Manage GCP VM Snapshots in Concert With Other Enterprise Backup Events

LAWRENCE, Kan. — May 11, 2021 — /BackupReview.info/ — Cobalt Iron Inc., a leading provider of SaaS-based enterprise data protection, today announced that its Compass® enterprise software-as-a-service (SaaS) backup platform now enables seamless management of Google Cloud Platform (GCP) virtual machine snapshots.

Through this new capability, Compass users are able to manage backup retentions and schedules for GCP VM snapshots using the Compass Commander GUI, the same interface with which they manage their enterprise backups. Users no longer have to spend extra time logging separately into GCP or other tools, and backup administrators can be confident that Compass is recording and reporting both GCP and non-GCP VM backup events within a single GUI. Commander can be configured to add insight via reporting and timely notifications of snapshot events, if desired.

“The new GCP VM capability is just one more example of our ongoing advancement of Compass to meet the evolving requirements of the marketplace. Our customers asked for the ability to easily manage scheduling and reporting of their GCP VM snapshots in concert with other backup clients, and we heard them,” said Robert Marett, chief technology officer at Cobalt Iron. “By providing a ‘single pane of glass’ — Compass Commander — for accessing and managing the entire backup landscape, GCP included, Compass is bringing new levels of simplicity, cost and time savings, security, and peace of mind to enterprise data protection.”

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

About Cobalt Iron
Cobalt Iron is the global leader in SaaS-based enterprise data protection. The company was founded in 2013 to bring about fundamental changes in the world’s approach to data protection. Through analytics and automation, Cobalt Iron enables enterprises to transform and optimize legacy backup solutions into a simple cloud-based architecture. By leveraging the cloud, Cobalt Iron reduces overall capex by more than 50% while eliminating backup failures and inefficiencies. Processing more than 7 million jobs a month for customers in 44 countries, Cobalt Iron delivers modern enterprise data protection for enterprise customers. www.cobaltiron.com

Product or service names mentioned herein are the trademarks of their respective owners.

Agency Contact:
Sunny Branson
Wall Street Communications
Tel: +1 801 326 9946
Email: sunny@wallstcom.com

Cobalt Iron Contact:
Mary Spurlock
VP of Marketing
Tel: +1 785 979 9461
Email: maspurlock@cobaltiron.com
Web: www.cobaltiron.com

Source: Cobalt Iron

 

 

 

Zerto has been named the overall vendor champion in the 2021 SoftwareReviews 2021 Backup and Availability Emotional Footprint Awards

Zerto Earns Perfect Score for Being Respectful, Time Savings, and for Putting Clients’ Interest First

BOSTON, MA – May 12, 2021 — /BackupReview.info/ — Zerto, an industry leader in cloud data management and protection, has been named the overall vendor champion in the 2021 SoftwareReviews 2021 Backup and Availability Emotional Footprint Awards. SoftwareReviews’ Net Emotional Footprint measures high-level user sentiment and aggregates emotional ratings from 25 provocative questions, creating a powerful indicator of the overall user feeling toward the vendor and the product. With a Net Emotional Footprint of +94, the Zerto Platform performed exceptionally in many categories, exceeding user expectations in being respectful, saving time, and putting clients’ interests first. Zerto was also recognized as the highest rated on Emotional Footprint Diamond.

The SoftwareReviews 2021 Backup and Availability Emotional Footprint Award winners were determined by software users and based on questions which were crafted by seasoned IT industry analysts at Info-Tech Research Group. The Zerto Platform led the championship group with an Emotional Footprint score of +94 (high-level user sentiment) and a value index of 88% (captures user satisfaction with their software given the costs they are paying).

“We are thrilled that this award distinguishes the efforts and dedication of the Zerto team as our number one priority is the customer,” said Caroline Seymour, vice president, product marketing at Zerto. “It emphasizes the importance of nurturing customer relationships, which helps ensure that their investment in our backup and recovery technology makes a valuable impact on every global organization that uses it.”

A vendor’s Net Emotional Footprint is a result of aggregated emotional response ratings in the areas of service, negotiation, product impact, conflict resolution, and strategy and innovation, creating a powerful indicator of overall user feeling toward the vendor and its product from the software user’s point of view. The data published in the Emotional Footprint is collected from real end users through authentic software review surveys and meticulously verified.

About Zerto
Zerto helps customers accelerate IT transformation through a single, scalable platform for cloud data management and protection. Built for enterprise scale, Zerto’s simple, software-only platform uses continuous data protection to converge disaster recovery, backup, and data mobility and eliminate the risks and complexity of modernization and cloud adoption. Zerto enables an always-on customer experience by simplifying the protection, recovery, and mobility of applications and data across private, public, and hybrid clouds. Zerto is trusted by over 9,000 customers globally and is powering offerings for Microsoft Azure, IBM Cloud, AWS, Google Cloud, Oracle Cloud, and more than 450 managed service providers.

Contact:
Derrick Shannon
Touchdown PR
Zerto@touchdownpr.com
772.475.1027

Source: Zerto

 

 

 

New features enhance services required to deliver persistent data for stateful Kubernetes applications at scale

NEW YORK, NY – May 11, 2021 — /BackupReview.info/ — ionir, a leader in container-native storage innovation, announced today the latest release of its Kubernetes-native storage platform, adding and extending critical data services required to ensure persistent data and to operate stateful applications in Kubernetes at enterprise scale. Additionally, the new release empowers full compatibility with Red Hat OpenShift and the Google Cloud Platform.

This release introduces clone to time via CSI integration, a capability that leverages ionir’s patented core metadata management system. It gives customers the ability to instantly access data volumes as they existed at any previous point in time with one-second RPOs. No disruptive, time-consuming and expensive snapshot or backup is required. Now the Kubernetes container storage interface can simply request a volume from a specified time, and seconds later, a fully read/write-capable volume containing data as it existed at that exact requested moment is made available to Kubernetes applications. The capability is especially useful for recovering data in the event of ransomware, corruption or other data loss. Additionally, this functionality streamlines the AppDev pipeline – offering consistent test data across all stages of the pipeline – resulting in simplified workflows, increased productivity, and reduced time to market for new application capabilities.

Managing data within Kubernetes becomes more complex as workloads increase. According to a new report from The Evaluator Group, “To host stateful applications such as databases deployed on containers, persistent storage must be provided. And if they are enterprise applications, they require the same enterprise storage features as applications running on VMs and bare metal.” The ionir platform provides this data services layer specifically for Kubernetes. The Kubernetes-native data services platform offers persistence, protection, replication, global deduplication, compression and other data services that are required to effectively scale enterprise apps in Kubernetes.

Additionally, the release offers the following new capabilities:

  • CSI integration: Allows standard Kubernetes management functions to manage the process of bookmarking specific points in time, and accessing point-in-time data copies using ionir’s 1-second RPO continuous data protection services.
  • OpenShift support: ionir recently announced that it has achieved full operator certification for Red Hat OpenShift, a comprehensive enterprise Kubernetes and containers application platform.
  • Google Cloud support: Supported and validated running on Google Cloud Platform (GCP). Customers can rely on ionir for persistent data in GCP clusters.
  • Multicloud instant copy: Supports instant copy of persistent volumes between private cloud, AWS, and GCP.
  • Hotspot rebalancing across storage media: Automation improves elasticity and scalability, and spreads data over storage media to eliminate hotspots in the cluster.
  • Generational rebuild: Speeds full recovery processes, and enables rolling upgrades.

Jacob Cherian, CEO, ionir, said: “Persistent data is a prevalent problem in Kubernetes, one that needs to be solved before customers can take full advantage of the benefits of Kubernetes’ inherent agility, reduced operational complexity, and lower cost. ionir addresses this issue and more. Customers don’t need to learn a new system because we plug right into the industry-standard Kubernetes paradigm. Everything that Kubernetes supports, we support. And we have additional, exclusive functionality that Kubernetes doesn’t support yet, such as instant copy of volumes across clusters and over distance. We continue to surprise and delight our customers by making their Kubernetes environments safer, simpler, and more agile.”

ionir is hosting a webinar with GigaOm Research on May 13, titled, “The What, Why, and How of Kubernetes Data Storage.” To attend, register online at: https://bit.ly/3tnPIeZ

About ionir
ionir’s cloud-native storage and data management platform for Kubernetes combines high-performance, software-defined, container-native storage and data management with data mobility to enable customers to build a single data cloud for their applications across all their infrastructure, anywhere. ionir is backed by leading international VC funds Jerusalem Venture Partners (JVP) and C5 Capital, among others. For more information, visit www.ionir.com

Media Contact:
Corey Eldridge
831-440-2414
corey.eldridge@nadelphelan.com

Source: ionir

 

 

 

Powerful new feature secures data with the ultimate protection against ransomware, malicious or accidental alteration and deletion

BOSTON, MA — May 11, 2021 — /BackupReview.info/ — Wasabi, the hot cloud storage company, today announces S3 Object Lock, a new feature that allows users to store immutable objects in Wasabi’s cloud using applications that support S3 object locking like Veeam® Backup & Replication™. Wasabi’s support for S3 Object Lock introduces a new level of data protection, preventing malicious or accidental operations that can lead to significant data loss or alteration. The feature further enhances Wasabi’s commitment to data security, including 11x9s of data durability, strong identity & multi-factor authentication, and compliance with the latest privacy and security standards.

Whether accidental or malicious, preventing catastrophic data loss is increasingly challenging, especially when defending against ransomware attacks, mitigating the impact of human error or ensuring the chain of custody and regulatory compliance of data. With S3 Object Lock, applications or storage administrators can designate certain data objects as immutable, meaning the content cannot be altered or deleted by any application or user, including ransomware attacks. Immutability is set for a specific period of time, allowing businesses to more simply meet governance compliance requirements.

“Providing seamless, timely, and secure data backup and replication is key to any company’s long-term cloud storage strategy,” said Andreas Neufert, Vice President of Product Management, Alliances at Veeam. “Our partnership with Wasabi has allowed us to provide this capability to our joint customers for years. With the addition of S3 Object Lock, Wasabi has earned Veeam Ready Object with Immutability qualification which ensures our joint customers have the highest level of protection for their cloud storage needs. This aligns with our ‘3-2-1-1-0’ rule for ultimate data protection: Maintain at least 3 copies of your data on 2 different media with at least 1 copy at an off-site location and 1 copy offline or immutable, and ensure verified backups with 0 errors.”

Object Lock is offered free of charge, included with Wasabi’s flexible, predictable and industry-leading pricing model. This provides users with the freedom to test business continuity and conduct the day-to-day monitoring and management required of critical data protection practices. Wasabi with Object Lock is verified as “Veeam Ready — Object with Immutability” with Veeam Backup & Replication v10 and v11 and meets the regulatory requirements for data immutability and retention management supported by Veeam.

“Data immutability is a critical, but often challenging step, in the data protection process. The addition of S3 Object Lock makes it easier than ever for customers to ensure their data is protected from any threat and enables them to cost-effectively validate their data protection strategy,” said David Boland, Senior Director of Product Marketing at Wasabi. “Wasabi’s support for S3 Object Lock is just the latest offering to help companies improve their cloud storage strategies without breaking the bank.”

To learn more about Wasabi Object Lock, visit — https://wasabi.com/object-lock/

About Wasabi:
Wasabi provides simple, predictable and affordable hot cloud storage for businesses all over the world. It enables organizations to store and instantly access an infinite amount of data at 1/5th the price of the competition with no complex tiers or unpredictable egress fees. Trusted by tens of thousands of customers worldwide, Wasabi has been recognized as one of technology’s fastest-growing and most visionary companies. Created by Carbonite co-founders and cloud storage pioneers David Friend and Jeff Flowers, Wasabi has secured nearly $250 million in funding to date and is a privately held company based in Boston.

Follow and connect with Wasabi on Twitter, Facebook, Instagram and our blog.

PR Contact:
Nick Brown
InkHouse for Wasabi
wasabi@inkhouse.com

Source: Wasabi

 

 

 

Double-digit growth across the globe is a testament to the early success of NEW Veeam Backup & Replication v11, the most advanced data protection solution for Cloud, virtual, SaaS, Kubernetes and physical workloads

COLUMBUS, Ohio — May 11, 2021 — /BackupReview.info/ — Veeam® Software, the leader in Backup solutions that deliver Modern Data Protection, today announced another quarter of double-digit growth with an annual recurring revenue (ARR) increase of 25% year-over-year (YoY) for Q1’21. Veeam kicked off 2021 with its expansion of public cloud support with the general availability of NEW Veeam Backup for Google Cloud Platform —complementing Veeam Backup solutions for AWS and Microsoft Azure. Veeam Backup & Replication™ v11 was also released in Q1’21 with an additional 200 new and powerful backup, cloud, DR, security and automation enhancements. The most advanced data protection solution for Cloud, virtual, SaaS, Kubernetes and physical workloads has already been downloaded by more than 130,000 users.

“The double-digit YoY growth across all geos provides further validation that our solutions are leading the way in the industry and providing customers simple, flexible and reliable data protection that meets their needs and helps them to achieve their business objectives. To see such increases globally is a tremendous achievement in such a challenging environment,” said William H. Largent, Chief Executive Officer (CEO) and Chairman of the Board at Veeam. “Thirteen consecutive quarters of double-digit growth is a testament not only to the importance of business continuity and data protection as companies move to the Cloud, but to the reliability and value that our 400,000+ customers have trusted Veeam to provide over the past decade.”

Additionally, in the most recent IDC Semi-Annual Software Tracker for Data Replication & Protection 2H’20[i], Veeam had the fastest revenue growth, both sequentially (21.5%) and YoY (17.9%) in 2H’20 among the top five vendors, all other vendors combined and overall market average. In this period, Veeam became the #2 provider worldwide in terms of overall revenue with YoY growth in the second half of 2020 with more than 17.5 percentage points above the market average.

“In addition to the major release of V11, our product roadmap for 2021 will further expand our offerings with the top cloud providers — AWS, Microsoft Azure and Google — and Kubernetes, as we remain agile and integrate new technologies,” said Danny Allan, Chief Technology Officer and Senior Vice President of Product Strategy at Veeam. “Our recent product launches are best-in-class in quality and quantity, and provide our customers with leading-edge data protection and recovery. More and more organizations are accelerating their modern data protection strategies and Veeam is committed to supporting them along the journey.”

Q1’ 2021 Highlights

  • With more than 130,000 unique downloads of Veeam Backup & Replication v11 since general release in February 2021, the product averages more than one download per minute. The new 4-in-1 solution ?combines backup, replication, storage snapshots and Continuous Data Protection (CDP) to protect each phase of the data life cycle, while handling all the complexities of a multi-cloud environment for AWS, Microsoft Azure and Google Cloud Platform.
  • Veeam Backup for Microsoft Office 365, Veeam’s fastest growing product, reported 156% growth YoY in Q1’21. Veeam Backup for Microsoft Office 365 has now been downloaded by more than 175,000 organizations with 5.8M users under paid contract.
  • Veeam continues to release new features and enhancements ideal for enterprise environments, which has resulted in +246% growth YoY in large-deal transactions.
  • Veeam Universal License (VUL), the industry’s first portable license that enables IT agility and workload mobility for multi and hybrid cloud enterprises, accounted for 88% growth YoY.
  • Veeam now counts 82% of the Fortune 500 and 69% of the Global 2000 as customers. New Q1 advocates include PUMA, Evergy, SodaStream, Interquell GmbH, Baloise Group, Golfzon, Coop Danmark, Kinepolis Group, McCarthy Buildings Companies, Inc, Helsingor Municipality, Yerevan Brandy Company, Volkswagen Argentina, NTT Data, Japanese Racing Association, Eastern Ontario Health System and Spanish National Institute of Aerospace Technology (INTA).

Registration is now open for VeeamON 2021, the world’s premier virtual event for modernizing data protection, which will take place May 25 and 26, 2021. Nearly 15,000 customers, partners and influencers attended the virtual VeeamON 2020 event and regional VeeamON Forum events held all around the world.

For more information, please visit www.veeam.com

Supporting Quotes
“Despite the challenges and uncertain business climate that came with the COVID-19 pandemic, Veeam generated enviable revenue growth in 2020. The company continued to focus on its core backup product suite while also staking a position in the emerging container backup market with its acquisition of Kasten. Their recent release of V11 provides customers with new functionality that will help mitigate downtime and data loss through disaster preparedness and ransomware protection.” — Phil Goodwin, Research Director, IDC

“Forever Faster is PUMA’s mantra. We want to be the fastest sports brand in the world in all areas. That also includes IT. We are accelerating the digitalization of our global business processes and need solutions that can keep up with the pace of this transformation. We can always rely on Veeam for this. The company’s backup solutions secure our rapidly growing global IT infrastructure, enable ultra-fast recovery of applications and data, and also pave the way to the cloud for us.” — Hermann Müller, Teamhead IT Network Operations at PUMA SE

“Veeam’s enterprise scalability keeps our IT systems available. We meet SLAs with our business units, they deliver innovative offerings to our customers and our company maintains a solid edge over competitors.” — Thomas Salvisberg, IT Service Continuity Manager at Baloise Group

“As Denmark’s leading consumer goods retailer with more than 1.5 million members and 40,000 employees, we owe our customers uninterrupted access to our shops and products, while ensuring our core IT systems are protected at all times. Veeam Backup Enterprise Plus offered us scalability providing fast backups on big data volumes. Veeam helps us to fulfill our high demand for professional IT protecting one of the largest installations in Northern Europe.” — Nick Ravn, Manager, Server and Data Center Services at Coop Denmark

“Evergy is part of the national electricity grid, so reliability, resiliency and cybersecurity are always top of mind. Veeam helps us check those boxes and ensure we can deliver critical services to our customers.” — Rob Adams, Manager, Systems Engineering at Evergy

“The current pandemic in particular shows how valuable Veeam is for our company. We use the solution to protect our data and the processes that depend on it — no matter where our users work and whether their applications run in the data center, on a laptop or in the cloud.” — Klaus Gruber, IT Systems Administrator at Interquell GmbH

“One of the reasons we can entertain 40 million customers each year is because Veeam protects the IT systems that keep our cinemas going strong.” — Bjorn Van Reet, CIO at Kinepolis Group

“Veeam is the only solution we considered that provides more than backup. Veeam extends DR to Azure so we can restore critical systems fast.” — Hen Ron, Global Infrastructure Manager & Chief Information Security Officer at SodaStream

About Veeam Software
Veeam® is the leader in Backup solutions that deliver Modern Data Protection. Veeam provides a single platform for modernizing backup, accelerating hybrid cloud and securing data. Veeam has 400,000+ customers worldwide, including 82% of the Fortune 500 and 69% of the Global 2,000. Veeam’s 100% channel ecosystem includes global partners, as well as HPE, NetApp, Cisco and Lenovo as exclusive resellers. Veeam has offices in more than 30 countries. To learn more, visit www.veeam.com or follow Veeam on Twitter @veeam.

[i] – Source: IDC, Semi-Annual Software Tracker, 2020H2; Note: Worldwide Data

Contact:
Veeam Software
Director, Global Public Relations
Heidi Monroe Kroft, 614-339-8200 x8309

Source: Veeam

 

 

 

Recognizes Code42’s channel focus and momentum with awards for leaders across the company’s business

Minneapolis, MN — May 11, 2021 — /BackupReview.info/ — Code42, the Insider Risk Management leader, today announced that CRN, a brand of The Channel Company, has named Melissa Caress, Sara Monaco and Lindsay Seymour to the highly respected Women of the Channel list for 2021. This annual list recognizes the unique strengths, vision and achievements of female leaders in the IT channel. The 2021 Women of the Channel list acknowledges women from all over the IT channel, including vendors, distributors and solution providers.

Since launching its Accelerate channel partner program, Code42 has grown its channel business by 170%, increased its partner sales and technical certifications by 300% and experienced a 200% increase in partners joining the program. Caress, Monaco and Seymour all played a critical role in this momentum as Code42 takes Insider Risk Management mainstream through its Code42® Incydr™ data risk detection and response product.

The women honored on this year’s list pushed forward with comprehensive business plans, marketing initiatives and other innovative ideas to support their partners and customers, helping them through the uncertainty brought on by the global COVID-19 pandemic. CRN celebrates these exceptional women for their leadership, dedication and channel advocacy.

“CRN’s 2021 Women of the Channel list acknowledges accomplished, influential women whose dedication, hard work and leadership accelerate channel growth,” said Blaine Raddon, CEO of The Channel Company. “We are proud to honor them for their many accomplishments and look forward to their continued contributions to the IT channel.”

Melissa Caress has been working in the channel for over 20 years. Her passion for channel marketing has helped her establish a strong network of partners within the channel that have fueled the growth of Code42’s Accelerate partner program. As national channel account manager, Caress works to expand Code42’s network of VAR partners and educate the company’s sales team on best practices for working with the channel.

Sara Monaco has spent the last eight years of her career in the channel with a sole focus on cybersecurity. As the East enterprise channel account manager, Monaco has helped build Code42’s strategic partner relationships in the Northeast, Mid-Atlantic and Southeast.

Lindsay Seymour brings 13+ years of experience working in B2B, technology and partner marketing programs to Code42. As senior product marketing manager, she’s responsible for the strategy, launch, messaging and go-to-market programs within Code42’s partner ecosystem. During her time at Code42, Seymour led the launch of the company’s first partner portal and developed Code42’s first set of virtual proprietary partner events.

“Our channel program has experienced tremendous growth since our shift in go-to-market strategy in late 2020,” said Faraz Siraj, vice president of channel sales at Code42. “This early success wouldn’t be possible without the tireless dedication of Melissa, Sara and Lindsay. Their work is pivotal to our ongoing growth as we help the industry recognize the importance of Insider Risk Management.”

The 2021 Women of the Channel list will be featured in CRN Magazine on May 10 and online at www.CRN.com/WOTC

To learn more about Code42’s Accelerate partner program, please visit: www.code42.com/partner/

About Code42
Code42 is the leader in insider risk detection and response. Native to the cloud, Code42 rapidly detects data loss, leak, theft and sabotage as well as speeds incident response – all without lengthy deployments, complex policy management or blocking employee productivity. With Code42, security professionals can protect corporate data and reduce insider risk while fostering an open and collaborative culture for employees. Backed by security best practices and control requirements, Code42’s insider risk solution can be configured for GDPR, HIPAA, PCI and other regulatory frameworks.

More than 50,000 organizations worldwide, including the most recognized brands in business and education, rely on Code42 to safeguard their ideas. Founded in 2001, the company is headquartered in Minneapolis, Minnesota, and backed by Accel Partners, JMI Equity and Split Rock Partners. Code42 was recognized by Inc. magazine as one of America’s best workplaces in 2020. For more information, visit code42.com

© 2021 Code42 Software, Inc. All rights reserved. Code42, the Code42 logo and Incydr are registered trademarks or trademarks of Code42 Software, Inc. in the United States and/or other countries. All other marks are properties of their respective owners.

Company Contact:
Kristin McKenzie
Public Relations Principal, Code42
kristin.mckenzie@code42.com
844-333-4242

Source: Code42

 

 

 

Cyber protection company brings computer literacy classes to 230 students at the Vergen de las Gracias School

Nuevo Chimbote, PERU – May 11, 2021 — /BackupReview.info/ —  The Acronis Cyber Foundation, Acronis’ nonprofit organization that builds schools and develops IT programs in underprivileged regions, recently completed construction of a computer classroom in the Virgen de las Gracias School, in Peru’s Nuevo Chimbote district. This new classroom will enable computer literacy and STEM classes for students in the region, and marks an important Phase 2 step in the Acronis Cyber Foundation’s Schools Initiative, empowering children in underserved communities and building the skills they’ll need to excel in the modern world.

The Acronis Cyber Foundation first opened the Virgen de las Gracias School in June 2019, bringing an improved scholastic environment to the coastal region. Construction efforts were aided by local community members, many of whom had previously attended the school’s old facilities before going on to become accomplished tradespeople. The school was constructed with sustainability in mind, with durable materials that could withstand local seismic activity. Thanks to all involved, Acronis was able to provide about 230 children — representing some of the community’s most in-need members — with access to a free education, learning materials, uniforms, and school lunches.

As part of its Schools Initiative, the Acronis Cyber Foundation aims to develop computer classrooms in each school that it builds, in order to help students develop the STEM and IT skills they’ll need to further self-educate and to thrive in our modern world. Given the rapidly evolving cyberthreat landscape, these classrooms will have access to top-notch cyber protection with free premium licenses for Acronis True Image 2021. Acronis will also be developing and donating additional educational resources on topics including computer literacy and cybersecurity.

The importance of digital literacy and tools for these students is now more apparent than ever. In the wake of the COVID-19 pandemic, the Peruvian government has developed an online learning platform and curriculum, but many families in Nuevo Chimbote lack cell phones and home computers and are thus unable to participate in classwork. Hopefully, based on the active vaccination statistics in Peru, the  situation will stabilize over the next several months, and children will soon be able to attend the new computer facility and gain these much-needed skills.

Development of this computer classroom was a joint sponsorship effort between the Acronis Cyber Foundation and its project partner, Climb Channel Solutions.

“We are proud to support the Acronis Cyber Foundation with a new classroom in Peru. Learning is at the center of our culture, and educational infrastructure helps communities thrive by improving the lives of individuals and families now and in the future,” says Charles Bass, Chief Marketing Officer at Climb Channel Solutions. “We are delighted to contribute our share to empowering youth in Peru with the knowledge and educational opportunities they deserve, as they will be the ones to one day make the changes this world needs.”

The Acronis Cyber Foundation has completed construction on 11 schools, with two more in-progress and five planned for the near future. The Foundation continues to seek partners for collaboration on future projects. Interested parties are encouraged to contact foundation@acronis.org for more information.

About the Acronis Cyber Foundation
The Acronis Cyber Foundation was established by Acronis in 2018 in honor of Acronis’ 15-year anniversary and the company’s founding principle that all evils are caused by insufficient knowledge. The foundation supports multiple initiatives around the world designed to stimulate education in order to gain and protect knowledge. The Acronis Cyber Foundation has been creating and sharing knowledge by funding schools and computer classrooms in underserved communities, publishing educational children’s books, and developing IT training programs for groups including military veterans, ex-offenders, and immigrants.

About Climb Channel Solutions
Climb Channel Solutions is an international value-added distributor for emerging technology vendors with solutions in Security, Data Management, Connectivity, Storage & HCI, Virtualization & Cloud and Software & ALM. Climb provides vendors access to thousands of VARs, MSPs, CSPs and other resellers. Climb holds an IT-70 GSA contract vehicle that provides resellers and vendors with a competitive edge within the Public Sector. Climb is a wholly-owned subsidiary of Wayside Technology Group, Inc. (NASDAQ: WSTG).

For additional information visit www.climbcs.com, or call 1.800.847.7078 (US), +1.732.389.0037 (International), +1.888.523.7777 (Canada), or +31.20.210.8005 (Europe).

About Acronis:
Acronis unifies data protection and cybersecurity to deliver integrated, automated cyber protection that solves the safety, accessibility, privacy, authenticity, and security (SAPAS) challenges of the modern digital world. With flexible deployment models that fit the demands of service providers and IT professionals, Acronis provides superior cyber protection for data, applications, and systems with innovative next-generation antivirus, backup, disaster recovery, and endpoint protection management solutions. With award-winning AI-based antimalware and blockchain-based data authentication technologies, Acronis protects any environment – from cloud to hybrid to on-premises – at a low and predictable cost.

Founded in Singapore in 2003 and incorporated in Switzerland in 2008, Acronis now has more than 1,500 employees in 33 locations in 18 countries. Its solutions are trusted by more than 5.5 million home users and 500,000 companies, including 100% of the Fortune 1000, and top-tier professional sports teams. Acronis products are available through 50,000 partners and service providers in over 150 countries in more than 40 languages.

Press Contact:
Kayla Fedorowicz
Acronis International GmbH
+1781782-9086; (019060)
Kayla.Fedorowicz@acronis.com

Source: Acronis

 

 

 

Wasabi’s Laurie Mitchell lands spot on CRN Power 100 list

BOSTON, MA, May 10, 2021 — /BackupReview.info/ — Wasabi, the hot cloud storage company today announced that CRN®, a brand of The Channel Company, has named four Wasabi women to the highly respected Women of the Channel list for 2021. This year’s honorees include Laurie Mitchell, Vice President, Partner and International Marketing, Chelsea Rodgers, Senior Manager, Partner Marketing, Anna Reardon, National Partner Manager, and Madison McDaniel, Partner Marketing Specialist. The 2021 Women of the Channel list acknowledges women from all over the IT channel, including vendors, distributors and solution providers for their unique strengths, vision and achievements. In addition to being recognized on the Women of the Channel List for the fourth year, Laurie Mitchell was also named to the CRN Power 100 list, a distinguished subset of elite leaders chosen from the annual CRN® Women of the Channel list.

Mitchell, Rodgers, Reardon and McDaniel have all played key roles in continuing to grow Wasabi’s award-winning channel program. Through their hard work and dedication, Wasabi’s channel network more than tripled to over 5,000 partners in the last year alone leading to 22,000 customers worldwide. This momentum has fueled further milestones for Wasabi, including the company tripling its revenue and storage under management.

During her time at Wasabi, Laurie Mitchell has driven the Wasabi Partner Network Program to enable MSPs and VARs globally to easily add Wasabi to their portfolios and also has led joint marketing alignment with Wasabi’s large strategic technology alliances. This has allowed the company to build a strong better-together story that works well for Wasabi’s collective channel partners. Over the course of the past year, Chelsea Rodgers has helped drive a significant increase in Wasabi’s mid to large-size channel partners, in addition to doubling Wasabi’s partner MDF activities every quarter in 2020. Joining Wasabi in 2020, Anna Reardon partners with national VARs and service providers to support them in building the simplest go-to-market strategy possible enabling them for success in selling. In addition to accelerating the go-to-market plans for technology alliance partners, Madison McDaniel built Wasabi’s webinar platform after pivoting from in-person to all virtual events, completing experiences that reached over 6,000+ viewers

“Having Wasabi represented four times on this year’s Women of the Channel list is truly an honor. This recognition is a representation of the hard work and dedication we see from everyone at Wasabi on a day-to-day basis,” said Laurie Mitchell, Vice President Partner and International Marketing at Wasabi. “I’m honored to work with such talented women day-in and day-out. The value Chelsea, Anna and Madison add to our organization and our channel program has played a huge role in our continued success.”

The women honored on this year’s list pushed forward with comprehensive business plans, marketing initiatives and other innovative ideas to support their partners and customers, helping them through the uncertainty brought on by the global COVID-19 pandemic. CRN celebrates these exceptional women for their leadership, dedication and channel advocacy. The annual Power 100 honorees were chosen by the CRN editorial team based on their contributions, expertise and dedication to supporting IT channel success. The Power 100 award recognizes a select group of incredible women who have gone above and beyond — inspiring their peers through their leadership and unwavering commitment to the success of their partners, customers and the entire IT channel.

“CRN’s 2021 Women of the Channel list acknowledges accomplished, influential women whose dedication, hard work, and leadership accelerate channel growth,” said Blaine Raddon, CEO of The Channel Company. “We are proud to honor them for their many accomplishments and look forward to their continued contributions to the IT channel.”

The 2021 Women of the Channel and Power 100 award will be featured in CRN Magazine on May 10th and online at www.CRN.com/WOTC

About Wasabi
Wasabi provides simple, predictable and affordable hot cloud storage for businesses all over the world. It enables organizations to store and instantly access an infinite amount of data at 1/5th the price of the competition with no complex tiers or unpredictable egress fees. Trusted by tens of thousands of customers worldwide, Wasabi has been recognized as one of technology’s fastest-growing and most visionary companies. Created by Carbonite co-founders and cloud storage pioneers David Friend and Jeff Flowers, Wasabi has secured nearly $250 million in funding to date and is a privately held company based in Boston.

Follow and connect with Wasabi on Twitter, Facebook, Instagram and our blog.

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

Follow The Channel Company: Twitter, LinkedIn, and Facebook.

© 2021. CRN is a registered trademark of The Channel Company, LLC. All rights reserved.

The Channel Company Contact:
Jennifer Hogan
The Channel Company
jhogan@thechannelcompany.com

Wasabi PR contact
Nick Brown
Inkhouse for Wasabi
wasabi@inkhouse.com

Source: Wasabi

 

 

 

Johannesburg, SA – 10th May 2021 — /BackupReview.info/ — Redstor, an international data management software as a service (SaaS) business, has announced new services designed to transform the way Microsoft partners manage and protect customer data in Microsoft Azure and Microsoft 365.

By adopting Redstor’s offering, service providers can use a single application to:

  • Identify and remove threats from backup sets through AI-driven malware detection.
  • Backup and recover Kubernetes environments on Azure.
  • Migrate and recover full systems to Azure from any cloud or data centre.
  • Leverage Azure storage to protect clients quickly, whether the tenancy is the MSP’s, the customer’s, or Redstor’s.

Redstor’s product is designed to complement native Microsoft technology, so partners can enhance their application transformation services while increasing their Azure consumption.

The smart data management platform allows IT administrators with limited expertise to protect and recover all data, including any data held in Kubernetes clusters on Azure, in just minutes.

The AI engine offers an additional layer of protection by detecting malware before it can compromise backup data.

The deployment of AI-driven, malware-scanning technology enables Redstor partners to iterate and scale their threat-detection service easily to global Azure locations in Asia-Pacific, Europe, the United Kingdom, the United States and Africa.

Redstor’s smart data management solution – which includes backup and recovery for Microsoft Exchange, SharePoint, OneDrive, Teams and OneNote – is now accessible through the Azure Marketplace and AppSource.

Redstor’s InstantData technology enables user-driven access and recovery to be live-streamed from cloud-based backups and archives instantly, reducing recovery time objectives (RTOs) and removing ransomware threats associated with on-premises backup appliances.

The debut of these product enhancements follows a year in which Redstor has joined the Microsoft Partner Network, earned co-sell ready status as part of the Microsoft One Commercial Partner programme, and grown internationally with new partners.

“Our new offerings leverage the Microsoft Azure data and AI stack to offer end-user customers an enhanced layer of data protection,” said Paul Evans, CEO, Redstor. “Azure enables us to scale geographically at speed, and it gives partners a greater level of flexibility in deploying data management solutions.”

“Redstor is bringing new solutions to market that add value to data management. AI-driven malware protection is a great example of this, providing Microsoft partners with an additional layer of security for their customers,” said John ‘JG’ Chirapurath, Vice-President, Azure AI, Data and Edge. “Redstor continues to offer our partner community enhanced data protection and the ability to drive Azure consumption and increase repeatable revenue streams.”

About Redstor
Founded in 1998, Redstor is headquartered in Reading, UK, with offices in Cape Town and Johannesburg, South Africa, and it supports more than 400 partners and 40,000 organizations around the world. Redstor’s platform is fully automated, self-provisioning, simple to use and deployable in 15 minutes, enabling partners to drive repeatable revenue streams by delivering solutions at speed and scale—without the cost of hardware or the burden of managing complex deployments. For more information, visit www.redstor.com

Editorial Contact:
Redstor
Celeste Beetge
celeste.beetge@redstor.com

Source: Redstor

 

 

 

Two Veristor Women Honored for their Leadership, Dedication and Channel Advocacy

ATLANTA, GA – May 10, 2021 — /BackupReview.info/ — Veristor Systems, Inc., a leading provider of transformative business technology solutions, announced today that CRN®, a brand of The Channel Company, has named two of Veristor’s women leaders – Jackie Groark, Vice President, Security/CISO and Wendy Goins, Director of Marketing – to its 2021 Power 60 Solution Providers list, an elite subgroup of honorees chosen from the highly regarded Women of the Channel list. Groark has been named to the prestigious list for the third consecutive year.

The women honored on this year’s list pushed forward with comprehensive business plans, marketing initiatives and other innovative ideas to support their partners and customers, helping them through the uncertainty brought on by the global COVID-19 pandemic. CRN celebrates these exceptional women for their leadership, dedication and channel advocacy.

The Power 60 Solution Providers are chosen by the CRN editorial team based on their contributions, expertise and dedication to building strong solution provider businesses. The award recognizes an exclusive subgroup of elite industry role models who continue to drive professional success through leadership and dedication to their own organizations and the entire IT channel.

“It’s an honor to congratulate Jackie and Wendy for this well-deserved recognition,” said Ashby Lincoln, President and CEO, Veristor. “Their passion and talent have a tremendous impact on Veristor’s continued growth and success. Through their innovative programs and strategic work with our valued partners we continue to deliver the exceptional solutions, services and support our customers know they can rely on.”

Leading the Veristor security practice, Groark has expanded the company’s security solutions and services practice to embrace the innovative security products of over 80 vendor partners. Under her guidance, Veristor saw 50% growth in 2020 for its security business as it furthers offerings that protect businesses from cybersecurity threats and risk.

Over the past year, Goins has collaborated with industry-leading technology partners to significantly increase the marketing activation success of engaging marketing strategies – from events to demand generation. Through this effort, she has built a thriving marketing practice for Veristor while also expanding and strengthening key strategic technology partnerships and delivering a regular cadence of marketing activity.

“CRN’s 2021 Women of the Channel list acknowledges accomplished, influential women whose dedication, hard work, and leadership accelerate channel growth,” said Blaine Raddon, CEO of The Channel Company. “We are proud to honor them for their many accomplishments and look forward to their continued contributions to the IT channel.”

The 2021 Women of the Channel and Power 60 Solution Provider award will be featured in CRN Magazine on May 10th and online at www.CRN.com/WOTC

About Veristor Systems, Inc.
A leading provider of transformative business technology solutions, Veristor helps its customers accelerate the time-to-value for the software, infrastructure and systems they deploy. We do this by harnessing deep expertise in today’s most advanced data center, security, networking, hybrid cloud, and big data technologies and guiding businesses to the right solutions for their most pressing challenges. And with a full suite of design, deployment, support, and managed service offerings, we work shoulder-to-shoulder with our customers at every step of their technology journey to make technology truly work for them. IT’s just who we are. Learn more at veristor.com

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

Follow The Channel Company: Twitter, LinkedIn, and Facebook.

© 2021. CRN is a registered trademark of The Channel Company, LLC. All rights reserved.

Contact
Wendy Goins
Veristor Systems
Director of Marketing
wgoins@veristor.com
www.veristor.com

Source: Veristor

 

 

 

LOS ANGELES, CA – May 10, 2021 — /BackupReview.info/ — J2 Global, Inc. (NASDAQ: JCOM) today reported financial results for the first quarter ended March 31, 2021.

“J2 continues to produce outstanding results across the board,” said Vivek Shah, CEO of J2 Global. “Our strong momentum adds to the considerable excitement within our organization as we prepare to separate into two independent publicly traded companies.”

FIRST QUARTER 2021 RESULTS
Q1 2021 quarterly revenues increased 19.8% to a Q1 record of $398.2 million compared to $332.4 million for Q1 2020. On a pro-forma(6) basis, Q1 2021 quarterly revenues increased 23.2% to $385.6 million compared to $313.0 million for Q1 2020.

Net cash provided by operating activities increased to $178.7 million compared to $102.0 million for Q1 2020. Q1 2021 free cash flow(2) increased 60.1% to $152.5 million compared to $95.2 million for Q1 2020.

GAAP earnings per diluted share(3) increased to $1.67 in Q1 2021 compared to $(0.13) for Q1 2020.

Adjusted non-GAAP earnings per diluted share(3)(4) for the quarter increased 55.8% to $2.18 as compared to $1.40 for Q1 2020. On a pro-forma(6) basis, Adjusted non-GAAP earnings per diluted share(3)(4) for the quarter increased 60.0% to $2.11 as compared to $1.32 for Q1 2020.

GAAP net income increased to $77.9 million as compared to $(6.4) million for Q1 2020.

Adjusted non-GAAP net income increased by 43.9% to $97.2 million as compared to $67.5 million for Q1 2020. On a pro-forma(6) basis, Adjusted non-GAAP net income increased by 48.3% to $94.0 million as compared to $63.4 million for Q1 2020.

Adjusted EBITDA(5) for the quarter increased 33.8% to $156.3 million compared to $116.8 million for Q1 2020. On a pro-forma(6) basis, Adjusted EBITDA(5) for the quarter increased 37.5% to $151.5 million compared to $110.2 million for Q1 2020.

J2 ended the quarter with approximately $511 million in cash, cash equivalents, and investments after deploying approximately $8 million during the quarter for prior year acquisitions.

Key financial results for Q1 2021 versus Q1 2020 are set forth in the following table (in millions, except per share amounts). Reconciliations of Adjusted non-GAAP earnings per diluted share, Adjusted EBITDA and free cash flow to their nearest comparable GAAP financial measures are attached to this Press Release. The Pro-Forma Results below exclude Voice assets in Australia, New Zealand, and the United Kingdom that have been sold as well as the Company’s B2B Backup business which it expects to sell.

Pro-Forma Results(6)

Q1 2021

Q1 2020

% Change

Q1 2021

Q1 2020

% Change

Revenues

Cloud Services

$171.4

$169.8

0.9%

$158.8

$150.4

5.6%

Digital Media

$226.8

$162.6

39.5%

$226.8

$162.6

39.5%

Total Revenue: (1)

$398.2

$332.4

19.8%

$385.6

$313.0

23.2%

Operating Income

$78.5

$55.2

42.1%

Net Cash Provided by Operating Activities

$178.7

$102.0

75.2%

Free Cash Flow (2)

$152.5

$95.2

60.1%

GAAP Earnings per Diluted Share (3)

$1.67

$(0.13)

NM

Adjusted Non-GAAP Earnings per Diluted Share (3) (4)

$2.18

$1.40

55.8%

$2.11

$1.32

60.0%

GAAP Net Income (Loss)

$77.9

$(6.4)

NM

Adjusted Non-GAAP Net Income

$97.2

$67.5

43.9%

$94.0

$63.4

48.3%

Adjusted EBITDA (5)

$156.3

$116.8

33.8%

$151.5

$110.2

37.5%

Adjusted EBITDA Margin (5)

39.3%

35.1%

11.7%

39.3%

35.2%

11.6%

BUSINESS OUTLOOK

Based on better-than-expected operating performance, the Company is raising its revenue, Adjusted EBITDA, and Adjusted non-GAAP EPS estimates:

Original 2021 Range of Estimates (A)

Revised 2021 Range of Estimates (A)

Low

High

Low

High

Revenue

$

1,630

$

1,676

$

1,676

$

1,700

Adjusted EBITDA

$

646

$

666

$

666

$

680

Adjusted non-GAAP EPS (B)

$

8.93

$

9.27

$

9.27

$

9.51

(A)

Balances are in millions, except per share amounts, and exclude the B2B Backup business and Voice assets in the United Kingdom

(B)

Assumed share cost does not factor in any share repurchases or issuances (e.g. convert settlement)

Adjusted non-GAAP earnings per diluted share for 2021 excludes share-based compensation of between $20 million and $24 million, amortization of acquired intangibles and the impact of any currently unanticipated items, in each case net of tax.

It is anticipated that the non-GAAP effective tax rate for 2021 (exclusive of the release of reserves for uncertain tax positions) will be between 22% and 24%.

The Company has not reconciled the non-GAAP Business Outlook 2021 Adjusted EBITDA, Adjusted non-GAAP earnings per diluted share, and tax rate information included in this release to the most directly comparable GAAP measure because this cannot be done without unreasonable effort due to the variability with respect to forecasted revenues and costs primarily related to acquisitions and taxation, which are potential adjustments to future earnings, and the uncertainty as to when or if the B2B Backup Business will be sold. We expect the variability of forecasted revenues and costs to have a potentially unpredictable and significant impact on our future GAAP financial results.

Notes:

(1)

The revenues associated with each of the businesses may not foot precisely since each is presented independently.

(2)

Free cash flow is defined as net cash provided by operating activities, less purchases of property and equipment, plus contingent consideration. Free cash flow amounts are not meant as a substitute for GAAP, but are solely for informational purposes.

(3)

The estimated GAAP effective tax rates were approximately 9.6% for Q1 2021 and 132.5% for Q1 2020. The estimated Adjusted non-GAAP effective tax rates were approximately 22.5% for Q1 2021 and 22.0% for Q1 2020.

(4)

Adjusted non-GAAP earnings per diluted share excludes certain non-GAAP items, as defined in the Reconciliation of GAAP to Adjusted non-GAAP Financial Measures, for the three months ended March 31, 2021 and 2020 totaled $0.51 and $1.53 per diluted share, respectively.

(5)

Adjusted EBITDA is defined as earnings before interest; gain on sale of businesses; loss on investments, net; other (income) expense, net; income tax expense; (income) loss from equity method investment, net; depreciation and amortization; and the items used to reconcile EPS to Adjusted non-GAAP EPS, as defined in the Reconciliation of GAAP to Adjusted non-GAAP Financial Measures. Adjusted EBITDA amounts are not meant as a substitute for GAAP, but are solely for informational purposes.

(6)

Pro-forma figures are provided taking into consideration the sale of certain Voice assets in Australia, New Zealand, and the United Kingdom as well as the expected sale of the Company’s B2B Backup business as if they had occurred January 1, 2020.

About J2 Global
J2 Global, Inc. (NASDAQ: JCOM) is a leading internet information and services company consisting of a portfolio of brands including IGN, Mashable, Humble Bundle, Speedtest, PCMag, RetailMeNot, Offers.com, Spiceworks, Ekahau, Everyday Health, BabyCenter and What To Expect in its Digital Media business and eFax, eVoice, iContact, Campaigner, Vipre, IPVanish and KeepItSafe in its Cloud Services business. J2 reaches in excess of 240 million people per month across its brands. As of December 31, 2020, J2 had achieved 25 consecutive fiscal years of revenue growth. For more information about J2, please visit www.J2global.com.

“Safe Harbor” Statement Under the Private Securities Litigation Reform Act of 1995: Certain statements in this Press Release are “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995, including those contained in Vivek Shah’s quote and the “Business Outlook” portion regarding the Company’s expected fiscal 2021 financial performance. These forward-looking statements are based on management’s current expectations or beliefs and are subject to numerous assumptions, risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These factors and uncertainties include, among other items: the Company’s ability to grow non-fax revenues, profitability and cash flows; the Company’s ability to identify, close and successfully transition acquisitions; subscriber growth and retention; variability of the Company’s revenue based on changing conditions in particular industries and the economy generally; protection of the Company’s proprietary technology or infringement by the Company of intellectual property of others; the risk of adverse changes in the U.S. or international regulatory environments, including but not limited to the imposition or increase of taxes or regulatory-related fees; and the numerous other factors set forth in J2 Global’s filings with the Securities and Exchange Commission (“SEC”). For a more detailed description of the risk factors and uncertainties affecting J2 Global, refer to the 2020 Annual Report on Form 10-K filed by J2 Global on March 1, 2021, and the other reports filed by J2 Global from time-to-time with the SEC, each of which is available at www.sec.gov. The forward-looking statements provided in this press release, including those contained in Vivek Shah’s quote and in the “Business Outlook” portion regarding the Company’s expected fiscal 2021 financial performance are based on limited information available to the Company at this time, which is subject to change. Although management’s expectations may change after the date of this press release, the Company undertakes no obligation to revise or update these statements.

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

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

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

For detailed financial reports, visit: https://bit.ly/3eFadzD

Contact:
Rebecca Wright
J2 Global, Inc.
800-577-1790
press@J2.com

Source: J2 Global, Inc

 

 

 

Lamia Megdiche, VP, Partner Strategy & Programs Highlighted on CRN’s 2021 Women of the Channel Power 100 List

Tinton Falls, N.J. – May 10, 2021 — /BackupReview.info/ — Commvault (NASDAQ: CVLT), a recognized global enterprise software leader in the management of data across cloud and on-premises environments, today announced CRN®, a brand of The Channel Company, has named 15 Commvault executives to the highly respected Women of the Channel list for 2021 and selected Lamia Megdiche, Vice President, Partner Strategy and Programs to the 2021 Power 100 list.

This annual list recognizes the unique strengths, vision and achievements of female leaders in the IT channel. The 2021 Women of the Channel list acknowledges women from all over the IT channel, including vendors, distributors and solution providers. The 2021 Power 100list is a distinguished subset of elite leaders chosen from the CRN Women of the Channel list who have gone above and beyond — inspiring their peers through their leadership and unwavering commitment to the success of their partners, customers and the entire IT channel.

The women honored on this year’s lists pushed forward with comprehensive business plans, marketing initiatives and other innovative ideas to support their partners and customers, helping them through the uncertainty brought on by the global COVID-19 pandemic. CRN celebrates these exceptional women for their leadership, dedication and channel advocacy.

This year’s Commvault honorees are:

  • Melissa Barnhart, Director of North America Partner Sales, Metallic
  • Shauntel Carter, Senior Field Operations Analyst
  • Mary Ellen Cavanagh, Manager, Solutions Marketing
  • Sarah Chaseling, Senior Manager, Partner & Alliance Marketing APJ
  • Lisa Critchlow, Director, Worldwide Partner Marketing Programs
  • Angelina Gambina, Global Channel Sales Lead, Emerging Technologies
  • Beth Gard, Senior Manager, Public Relations
  • Tulin Green, Senior Director, EMEA Marketing
  • LouLou Healey, Senior Director & Head of Americas Field, Channel and Alliances Marketing
  • Shauna Kief, Manager, Worldwide Channel Alliance Operations
  • Rachel Ler, Vice President and General Manager, APJ
  • Lamia Megdiche, Vice President, Partner Strategy and Programs
  • Angela Motiani (Barragan), Senior Manager, Global Partner Campaigns
  • Shirley Scarborough, Director, Worldwide Channel Program
  • Nadezhda Subbotina, EMEA Partner Marketing Lead
  • Natalie Troia, Worldwide Partner Communications Manager

“In leading our Global Partner Organization, I have seen firsthand the talent, expertise, and drive each of these women bring to their roles at Commvault, making them instrumental in the development and execution of our channel strategy,” said John Tavares, Vice President, Global Channel and Alliances. “We have been able to exceed our goals with the help of these women and I am thrilled to celebrate their achievements and recognition in the industry. I am also especially proud of Lamia and the mentorship she has brought to Commvault, resulting in a very deserving space on the Power 100 List.”

“CRN’s 2021 Women of the Channel list acknowledges accomplished, influential women whose dedication, hard work, and leadership accelerate channel growth,” said Blaine Raddon, CEO of The Channel Company. “We are proud to honor them for their many accomplishments and look forward to their continued contributions to the IT channel.”

The 2021 Women of the Channel list will be featured in CRN Magazine on May 10th and online at www.CRN.com/WOTC

About Commvault
Commvault is the recognized leader in data backup and recovery. Commvault’s converged data management solution redefines what backup means for the progressive enterprise through solutions that protect, manage and use their most critical asset — their data. Commvault software, solutions and services are available from the company and through a global ecosystem of trusted partners. Commvault employs more than 2,600 highly-skilled individuals across markets worldwide, is publicly traded on NASDAQ (CVLT), and is headquartered in Tinton Falls, New Jersey in the United States.

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

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

©1999-2021 Commvault Systems, Inc. All rights reserved. Commvault, Commvault and logo, the “C hexagon” logo, Commvault Systems, Commvault HyperScale, ScaleProtect, Commvault OnePass, Unified Data Management, Quick Recovery, QR, CommNet, GridStor, Vault Tracker, InnerVault, Quick Snap, QSnap, IntelliSnap, Recovery Director, CommServe, CommCell, APSS, Commvault Edge, Commvault GO, Commvault Advantage, Commvault Complete, Commvault Activate, Commvault Orchestrate, Commvault Command Center, Hedvig, Universal Data Plane, the “Cube” logo, Metallic, the “M Wave” logo, and CommValue are trademarks or registered trademarks of Commvault Systems, Inc. All other third party brands, products, service names, trademarks, or registered service marks are the property of and used to identify the products or services of their respective owners. All specifications are subject to change without notice.

Media Contact:
Kevin Komiega
Commvault
978-834-6898
kkomiega@commvault.com

Investor Relations Contact:
Michael J. Melnyk, CFA
Commvault
732-870-4581
mmelnyk@commvault.com

Source: Commvault

 

 

 

Woburn, MA – May 10, 2021 — /BackupReview.info/ — According to data from Kaspersky DDoS Prevention, in Q1 2021, the number of DDoS attacks dropped by 29% compared to the same period in 2020, but increased by 47% compared to Q4 2020. This growth is explained by an unusual spike in January which accounted for 43% of all attacks in the quarter.

In early 2021, many people were still working remotely and spending their leisure time at home. Therefore, cybercriminals conducted DDoS attacks against entities that users need more, like telecom providers, so that their clients experienced issues with their internet connection or online gaming sites. Despite the remaining attention on such resources, statistics show the overall DDoS situation is becoming stable.

Kaspersky experts explain the drop in attacks compared to the same quarter last year by the abnormal activity at the beginning of 2020. Due to a sudden shift to remote work, corporate VPN gateways and web resources, such as mail or corporate knowledge bases that were previously available only inside an organization, became a target for DDoS attacks. Within the year, businesses mostly implemented protection for these parts of IT infrastructure. Given this, attacks against these web assets may have become less effective, and the number of DDoS attacks dropped, so by February and March 2021, the number of attacks returned back to a pre-lockdown benchmark.

ddosq12021.png
Comparison of number of DDoS attacks by months. Data for 2019 is taken as 100%

January 2021 stands out in terms of the number of DDoS attacks. Statistics from Kaspersky DDoS Intelligence system that intercepts and analyzes commands received by bots from command and control servers highlighted this spike. For instance, on January 10 and 11, the number of registered attacks exceeded 1,800 and for several days in the month it reached more than 1,500.

“In general, the first quarter of 2021 was rather quiet, apart from surge in DDoS activity in January,” comments Alexey Kiselev, business development manager on the Kaspersky DDoS Protection team. “That surge may have been caused by a fall in cryptocurrency prices that made some malefactors repurpose infected devices in botnets to send junk traffic instead of mining currency. So, despite an overall decline in Q1, we recommend protecting web resources from DDoS attacks. Because, as we can see, cybercriminals driven by financial motives can easily change their tactics depending on the circumstances.”

To stay protected against DDoS attacks, Kaspersky experts offer the following recommendations:

  • Maintain web resource operations by assigning specialists who understand how to respond to DDoS attacks
  • Validate third-party agreements and contact information, including those made with internet service providers. This helps teams quickly access agreements in case of an attack
  • Implement professional solutions to safeguard your organization against DDoS attacks. For example, Kaspersky DDoS Protection combines Kaspersky’s extensive expertise in combating cyberthreats and the company’s unique in-house developments

Read the full report on Securelist — https://securelist.com/ddos-attacks-in-q1-2021/102166/

About Kaspersky
Kaspersky is a global cybersecurity company founded in 1997. Kaspersky’s deep threat intelligence and security expertise is constantly transforming into innovative security solutions and services to protect businesses, critical infrastructure, governments and consumers around the globe. The company’s comprehensive security portfolio includes leading endpoint protection and a number of specialized security solutions and services to fight sophisticated and evolving digital threats. Over 400 million users are protected by Kaspersky technologies and we help 270,000 corporate clients protect what matters most to them. Learn more at usa.kaspersky.com

Media Contact:
Cassandra Faro
Cassandra.Faro@Kaspersky.com
781-503-1812

Source: Kaspersky

 

 

 

World’s Fastest Global File System Once Again Beats the Competition with Radically Better Performance, Reliability and Innovation

SAN JOSE, CA – May 10, 2021 — /BackupReview.info/ — Panzura announced that CloudFS has been recognized as the Cloud Infrastructure Solution of the Year for 2021 by the Tech Ascension Awards. The world’s fastest global file system, Panzura CloudFS lets users work collaboratively with petabytes of data no matter where they are located. The cloud-native solution is used by enterprise companies to speed up access and simplify management of disparate, geographically siloed unstructured data, while reducing endemic infrastructure costs, across any cloud or on-premises IT configuration.

The Tech Ascension Awards, which recognize the very best innovations in B2B and B2C technology, are judged based on technology innovation and uniqueness, market research, hard performance stats, and competitive differentiators. Panzura received the award having proven that CloudFS solves critical industry challenges and produces invaluable business outcomes for customers.

“This award is testament to the radically better performance and reliability of Panzura, especially when compared to other hybrid cloud providers.” said Jill Stelfox, CEO at Panzura. “We have once again risen to the top by helping customers accelerate their digital transformation and modernize their infrastructure. Panzura CloudFS creates a more seamless path to the cloud, making data more consumable and collaborative for everyone who wants to work together on-the-fly, in seconds and at unbelievable scale.”

Panzura CloudFS replaces legacy storage with a radically simplified approach to storing, managing, querying and working with unstructured data, allowing enterprises to migrate data and workloads to the cloud without changing the way they work. Panzura eliminates the problems of latency caused by distance between users and the files they are working on, letting distributed teams work like everyone is in the same location. The result is unparalleled performance with exceptional operational and economic efficiencies through significantly reduced storage requirements, vastly less infrastructure, data resilience without replication, and greater productivity. Panzura Data Services provides data analytics, monitoring, auditing and management for a complete view of the unstructured file data within an organization’s file system, regardless of where that data is held.

“As the proliferation of data continues to explode, utilizing seamless, innovative cloud technologies has never been more critical to business success and efficiency,” said David Campbell, CEO, Tech Ascension Awards. “Panzura has demonstrated a unique solution that truly moves their customers forward in the age of the cloud. We’re honored to recognize technology leaders like Panzura.”

While Panzura’s global file system does not store data itself, it uses an intelligent network acceleration technology that manages and moves enormous amounts of primary user data stored in public, private, or dark clouds when and where needed. Drawing on a single authoritative data source in the cloud, frequently used files are cached on edge appliances called filers so users, no matter where they are located, experience consistency, synchronization, security and replication that feels like they are working in the same office.

“Panzura’s selection for this award is grounded in facts and emblematic of the overwhelming evidence—analyst reports, media coverage, market share, and customer sentiment—which leaves no doubt that together with our partners we’re killing the competition,” added Stelfox.

About the Tech Ascension Awards
The Tech Ascension Awards elevate companies that possess cutting-edge, innovative technology that solve critical challenges in their respective markets. Tech Ascension winners rise above the crowded consumer and enterprise technology industries and receive validation from an independent organization. Applicants are judged based on technology innovation and uniqueness, market research (analyst reports, media coverage, customer case studies), hard performance stats, and competitive differentiators. The awards recognize leaders in cybersecurity, DevOps, big data and consumer technology.

For more information about the Tech Ascension Awards, please visit www.techascensionawards.com

About Panzura
Panzura replaces legacy storage with next-generation data management that empowers teams to do their best work together. Companies all around the world in the sports, healthcare, financial services, media and entertainment, gaming, and architectural, engineering and construction industries, as well as government agencies use Panzura to manage hundreds of petabytes of data in the cloud. Visit panzura.com for more and follow Panzura on LinkedIn, Twitter, and Facebook. www.panzura.com

Contacts
For Panzura
Michelle Andersen
Sparks Public Relations
+1-415-963-2289
panzura@sparkpr.com

Source: Panzura

 

 

 

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