Storage Soup:

Commvault


October 31, 2018  8:50 AM

Commvault staggers under weight of ‘massive changes’

Dave Raffo Dave Raffo Profile: Dave Raffo
Commvault

While going through a transition period, data protection vendor Commvault’s sales are still taking a hit. Commvault’s revenue for last quarter of $169.1 million fell $10 million below Wall Street expectations based on the vendor’s previous forecast. Overall revenue decreased four percent...

April 2, 2018  2:13 PM

Large investor Elliott challenges Commvault management

Dave Raffo Dave Raffo Profile: Dave Raffo
Commvault

Investors cheered hedge fund Elliott Management’s disclosed stake in Commvault today, which will likely lead to a shakeup of the data management vendor’s management team and board. Elliott, citing the need for fundamental changes at Commvault, published a letter to the company’s directors...


January 25, 2018  4:18 PM

Commvault earnings disappoint again

Sonia Lelii Sonia Lelii Profile: Sonia Lelii
Commvault

Commvault generated $180.4 million in revenue last quarter, which was its biggest revenue quarter ever but still missed Wall Street’s expectation of $182 million. The company blamed the small shortfall on large million-dollar deals that were pushed out during the September quarter and then failed...


May 4, 2017  5:33 PM

Hyper-converged backup in Commvault’s future

Sonia Lelii Sonia Lelii Profile: Sonia Lelii
Commvault

Commvault is getting into the hyper-converged backup game. Commvault CEO Bob Hammer outlined the vendor's product plans for the coming months Wednesday, May 3 during its quarterly earnings call. He said hyper-converged reference architectures for secondary storage are in the company's plans,...


October 26, 2016  9:30 AM

Cloud holds silver lining for Commvault

Dave Raffo Dave Raffo Profile: Dave Raffo
Commvault, Data protection

Commvault’s push to store customer data in the cloud is paying off. CEO Bob Hammer said the amount of data stored in the cloud with Commvault software has more than doubled since the start of 2016. That helped the data protection and management software vendor to better revenue growth than...


July 27, 2016  10:49 AM

Commvault rallies ‘round the cloud

Dave Raffo Dave Raffo Profile: Dave Raffo
Cloud storage, Commvault, Data Management

Commvault increased its year-over-year revenues for the third straight quarter, with a big assist from the cloud. Like all storage vendors, Commvault is looking for a way to work with public cloud providers to prevent getting steamrolled by them. In Commvault’s case, the strategy is to protect...


March 24, 2016  8:24 PM

Commvault adds big data and cloud support to its data platform

Sonia Lelii Sonia Lelii Profile: Sonia Lelii
Commvault

Commvault Systems Inc. this month rolled out the latest version of its backup and data management portfolio to add support for Hadoop, Greenplum and IBM's General Parallel File System (GPFS). It also extended support for its Commvault IntelliSnap product to include NEC and Nutanix...


January 28, 2016  5:37 PM

Commvault takes a revenue leap forward

Dave Raffo Dave Raffo Profile: Dave Raffo
Backup software, Cloud Backup, Commvault

Is Commvault back on track? The backup vendor snapped a string of four quarters of year-over-year revenue declines when it reported of $155.7 million last quarter, up 2% from the previous year. More impressively, its


October 30, 2015  4:02 PM

Data protection vendors (except for Veeam) struggled last quarter

Dave Raffo Dave Raffo Profile: Dave Raffo
Commvault, FalconStor, Quantum, Veeam

Not only the big storage array hardware vendors are seeing  


July 29, 2015  10:19 AM

Is Veeam’s gain causing Commvault’s pain?

Dave Raffo Dave Raffo Profile: Dave Raffo
Commvault, Veeam

Commvault’s revenue keeps sliding while data protection software rival Veeam makes steady gains. Coincidence, or is Veeam taking deals that Commvault used to win? Commvault's revenue of $139 million was down nine percent from last year and eight percent from the previous quarter. Software...


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