New information management and governance
solutions designed to help customers harness the power of
information across on-premises and cloud platforms
Veritas, Symantec’s (Nasdaq:SYMC) information management
business, today announced new offerings for rapidly evolving
enterprise datacenters, as well as significant upgrades to its core
portfolio of backup and information management products.
“Our customers find themselves at the crossroads of an
information explosion and a fundamental shift in the way
infrastructure is delivered,” said Matt Cain, Executive Vice
President and Chief Product Officer for Veritas. “To make sense of
tremendous volumes of data, we know that traditional
infrastructure-centric approaches alone no longer work. These new
offerings will help our customers realize information availability
while gathering the insight critical to supporting their business
goals.”
This set of product enhancements and new solutions showcases a
fundamentally different approach to delivering data and services
across multiple cloud environments. Enhancements to current
products enable simpler management in hybrid cloud infrastructures
and extended protection for VMware and Microsoft virtual
environments. Veritas is also introducing new products that enable
businesses to delve deep into their data stores to recognize and
prioritize information across their organizations.
Veritas brings together a unique combination of experience in
application availability and storage management on premises and in
the cloud. Veritas also offers management tools that help companies
find the estimated 1.5 percent of truly valuable data in their
organization to glean information, regardless of underlying
infrastructure models.
“There are several driving forces impacting a company’s ability
to take advantage of its data today. Businesses and individuals are
creating more data than ever – and IT organizations are struggling
to manage the increasing scope and size of their data storage
needs,” said Laura DuBois, Program Vice President, Storage and GRC
Infrastructure, IDC. “Veritas is well positioned to help companies
tap into their data to gain more value, as well as ensure the
availability and recovery necessary in today’s ever-changing
business marketplace.”
“The planned separation of Veritas from Symantec is an important
milestone for the industry. As many IT environments struggle to
achieve better data protection, data preservation, high
availability and storage management, Veritas’s vision of
information availability and insights promises a full suite of
solutions and services that companies should look to from storage
infrastructure to insight. It will be extremely exciting to watch
Veritas build on its data protection and data management pedigree
with new storage insights and intelligence that align with
tomorrow’s IT challenges,” said Jason Buffington, Sr. Analyst on
Data Protection, Enterprise Strategy Group.
Key product updates and new releases include:
Veritas NetBackupTM 7.7, the latest
iteration of Symantec’s industry-leading, enterprise-grade backup
solution adds new functionality and increased performance to
support the largest, most dynamic enterprise environments.
NetBackup 7.7 introduces enhanced datacenter integration for VMware
vSphere 6 and Microsoft Hyper-V, as well as support for
hybrid-cloud deployments leveraging Amazon Web Services, Google
Nearline and many more. Cloud performance has also been improved
and is up to thirty times faster than previous versions. A single
solution for the entire enterprise, NetBackup 7.7 empowers IT
organizations to reduce complexity and outpace relentless
datacenter growth. Find more information here: NetBackup 7.7 press
release.
Veritas InfoScale™ addresses enterprise business
continuity needs for complex, multi-tiered applications in physical
and virtual environments. InfoScale solutions provide application
availability and software-defined storage to meet datacenter
challenges such as operational complexity, tool proliferation,
unpredictable service levels and lack of agility through a single,
web-based management interface. InfoScale is available via a new,
streamlined purchasing model. For more information click here.
Veritas Resiliency Platform offers a unified, global
approach for IT service continuity, helping to ensure critical data
and applications remain accessible at all times across complex,
multi-vendor physical and virtual environments. Available now, the
Resiliency Platform helps customers ensure critical business
applications consistently meet stringent Service Level Agreements.
The solution brings visibility, simplicity and automation to
service continuity, restoring predictability across enterprise IT
business services. For more information click here.
Veritas™ Data Insight 5.0 will extend unstructured data
analytics to support governance across on-premises storage
platforms and Box cloud storage. Through enhanced access control
tracking and entitlements orchestration, Data Insight will help
ensure file share security. By applying a user-centric lens to data
forensics, Data Insight offers business users the ability to
monitor anomalous user activity and behavior. Coming later this
summer, Data Insight version 5.0 will continue to expand the
application of data analytics to facilitate retention management,
achieve access compliance, and gain a better understanding of how
user risk relates to data sensitivity. For more information click
here.
Veritas™ Information Map is the first cloud application
built on the Information Fabric technology that will enable
companies to gain better visibility into their unstructured data.
Information Map will easily glean metadata from Veritas NetBackup™,
store it in the cloud and present this data in a user-friendly,
visual navigation tool that helps identify areas of risk, areas of
value and areas of waste across a customer’s primary content
repositories. Coming later this summer, the Information Map will
help businesses make decisions that reduce information risk and
optimize information storage. For more information click here.
An operational separation of Veritas and Symantec is currently
scheduled for October 2015, with the complete separation on track
by January 2016. For more details on each product and solution,
please visit: http://veritas.symantec.com/launch.
About Veritas Technologies Corporation
Veritas Technologies Corporation, the information management
company that will emerge from the separation from Symantec, will
enable organizations to harness the power of their information,
with solutions designed to serve the world’s largest and most
complex heterogeneous environments. The Veritas business works with
86 percent of Fortune 500 companies today, improving data
availability and revealing insights to drive competitive advantage.
Veritas generated $2.6 billion in revenue for Symantec in fiscal
year 2015.
About Symantec
Symantec Corporation (NASDAQ:SYMC) is an information protection
expert that helps people, businesses and governments seeking the
freedom to unlock the opportunities technology brings — anytime,
anywhere. Founded in April 1982, Symantec, a Fortune 500 company,
operating one of the largest global data-intelligence networks, has
provided leading security, backup and availability solutions for
where vital information is stored, accessed and shared. The
company's more than 19,000 employees reside in more than 50
countries. Ninety-nine percent of Fortune 500 companies are
Symantec customers. In fiscal 2015, it recorded revenues of $6.5
billion. To learn more go to www.symantec.com or connect with
Symantec at: http://www.symantec.com/social/.
NOTE TO EDITORS: If you would like additional information
on Symantec Corporation and its products, please visit the Symantec
News Room at www.symantec.com/news.
Symantec, the Symantec logo, Checkmark logo, Veritas, NetBackup,
and InfoScale are trademarks or registered trademarks of Symantec
Corporation or its affiliates in the U.S. and other countries.
Other names may be trademarks of their respective owners.
This press release contains statements regarding our strategic
direction, which may be considered forward-looking within the
meaning of the U.S. federal securities laws, including; statements
with respect to the proposed timing of the separation. These
statements are subject to known and unknown risks, uncertainties
and other factors that may cause our actual results, levels of
activity, performance or achievements to differ materially from
results expressed or implied in this press release. Such risk
factors include those related to: risks related to the separation
of the company into the security business and the information
management business, general economic conditions; maintaining
customer and partner relationships; the anticipated growth of
certain market segments, particularly with regard to security and
information management; the competitive environment in the software
industry; changes to operating systems and product strategy by
vendors of operating systems; the timing and market acceptance of
new product releases and upgrades; the successful development of
new products, and the degree to which these products and businesses
gain market acceptance. Actual results may differ materially from
those contained in the forward-looking statements in this press
release. We assume no obligation, and do not intend to update these
forward-looking statements as a result of future events or
developments. Additional information concerning these and other
risks factors is contained in the Risk Factors sections of our Form
10-K for the year ended March 28, 2014.
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version on businesswire.com: http://www.businesswire.com/news/home/20150707005435/en/
SymantecPhil Nash, 805-550-0106phil_nash@symantec.comKurt Mumma,
650-743-2458kurt_mumma@symantec.comorEdelman for VeritasMargaret
Reeb, 206-664-7835margaret.reeb@edelman.com
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