While the Gitex 2019 has brought remarkable, groundbreaking technologies, most of the customers visiting the stall expectoptions for cloud integration, agility, scalability and cost-optimization from any product, according to Wael Mustafa, Area Vice President- Middle East, Commvault. Mustafa opines after interacting with many customers during the event and feels that those aforesaid aspects are unique and was not looked at during the earlier versions of the Gitex.
“Their data is growing year on year they want to scale. However, they do not have enough budget. Their major expectations are from saving the resources as well as budgets” , Mustafa says. With 5G becoming a big another issue, Commvault is focussing on telling people on the value of data. “We are part of smart cities. We had presented on the importance and value of data and data protection for smart cities through presentations and panel discussions.”, he says. Last week Commvault has officially announced they had acquired softwaredefined storage (SDS) innovator- Hedvig.
The acquisition was for a total consideration of $225 million, which includes the purchase price and ongoing employee retention.
This move to the cloud, and multi-cloud environments, together with cloud native applications is driving competitive advantage for companies for all sizes; yet the acceleration of data fragmentation is negatively impacting business outcomes. This rapid data growth, generated from a variety of sources stored both within on-premises environments and in the cloud will continue to create significant governance, security, and management challenges.