Latest news with #Commvault
Tahawul Tech
3 days ago
- Business
- Tahawul Tech
The Museum of the Future Archives
Commvault, a global enterprise leader in data management across on-premises, cloud, and SaaS environments, today announces its Connections on the Road event in Dubai will take place at the Museum of the Future on 11 May 2023.
Yahoo
4 days ago
- Business
- Yahoo
Brokers Suggest Investing in Commvault (CVLT): Read This Before Placing a Bet
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Commvault Systems (CVLT). Commvault currently has an average brokerage recommendation (ABR) of 1.89, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by nine brokerage firms. An ABR of 1.89 approximates between Strong Buy and Buy. Of the nine recommendations that derive the current ABR, five are Strong Buy, representing 55.6% of all recommendations. Check price target & stock forecast for Commvault here>>>While the ABR calls for buying Commvault, it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best price increase potential. Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our research, brokerage firms assign five "Strong Buy" recommendations for every "Strong Sell" recommendation. In other words, their interests aren't always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock's price movement. With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near -term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision. In spite of the fact that Zacks Rank and ABR both appear on a scale from 1 to 5, they are two completely different measures. The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5. It has been and continues to be the case that analysts employed by brokerage firms are overly optimistic with their recommendations. Because of their employers' vested interests, these analysts issue more favorable ratings than their research would support, misguiding investors far more often than helping them. In contrast, the Zacks Rank is driven by earnings estimate revisions. And near-term stock price movements are strongly correlated with trends in earnings estimate revisions, according to empirical research. In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks. There is also a key difference between the ABR and Zacks Rank when it comes to freshness. When you look at the ABR, it may not be up-to-date. Nonetheless, since brokerage analysts constantly revise their earnings estimates to reflect changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in predicting future stock prices. In terms of earnings estimate revisions for Commvault, the Zacks Consensus Estimate for the current year has increased 9.1% over the past month to $4.11. Analysts' growing optimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason for the stock to soar in the near term. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #2 (Buy) for Commvault. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Therefore, the Buy-equivalent ABR for Commvault may serve as a useful guide for investors. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CommVault Systems, Inc. (CVLT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
20-05-2025
- Business
- Time of India
Cybersecurity startup Cloudsek raises $19 million in funding led by Tenacity Ventures, Commvault
Predictive cybersecurity Cloudsek has raised $19 million in a fresh funding round led by Tenacity Ventures and Commvault. Others participating in the round include Inflexor Ventures, MassMutual Ventures and Prana Ventures, along with some strategic investors. Founded in 2015 by Rahul Sasi, Cloudsek uses its artificial intelligence (AI)-backed stack with 18 applications to predict and mitigate cyber threats . The startup will use the capital for product innovation, global expansion and doubling down on existing international markets like the US, UAE and Asia Pacific, cofounder and CEO Rahul Sasi told ET. "Today, most of the cyber threats originate from human beings. In the next few years, they will be orchestrated and planned by AI. So, humans would need smarter solutions to defend against them," Sasi said. Cloudsek's technology identifies initial attack vectors, such as leaked credentials, exposed APIs or compromised vendors, as opposed to tools that respond after a cyberattack incident. "Our version of threat intelligence is predictive, not forensic," he explained. Live Events The startup has over 250 customers, including Fortune 500 companies, across banking, healthcare, technology and the public sector. It has so far raised $30 million. "Today, over 60% of our net new revenue comes from international markets, with the US emerging as our fastest-growing region. We have achieved this scale while staying cash flow positive," Sasi said, adding that Cloudsek is growing 70% year-on-year. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories It also uses an AI-backed command centre, Nexus, trained on open source data and streamlines it in one place. Through this platform, security teams can access and analyse intelligence in real time and identify attack patterns and vulnerabilities across their digital ecosystem. The AI platform, trained via large language models and multi-language models, also provides cyber risk quantification through which companies can assess potential financial losses and regulatory impacts. Sasi said the rise of cybercrime is related to geopolitical tensions as well. "There are wars happening right now. You will see every time the economy goes down, cybercrime goes up," he said. He added that the preventive cybersecurity market was earlier dominated by American or Israeli companies, however, India has now come to play a significant role in it.
Yahoo
19-05-2025
- Business
- Yahoo
Commvault Extends Support to Red Hat OpenShift Virtualization Workloads for Enhanced, Cloud-Native Cyber Resilience
Delivers unified cyber resilience for virtual machines and containers on Red Hat OpenShift Virtualization TINTON FALLS, N.J., May 19, 2025 /PRNewswire/ -- Commvault, a leading provider of cyber resilience and data protection solutions for the hybrid cloud, today announced it is extending its Kubernetes protection to support virtual machines (VMs) running on Red Hat OpenShift Virtualization. This new capability enhances cyber resilience for organizations moving to modern application environments. Containerized workload adoption is rapidly growing: Gartner predicts 90% of G2000 companies will use container management tools by 20271, and the Containers as a Service (CaaS) market is forecasted to hit nearly $USD 44B by 20342. This surge makes integrated data protection and recoverability critical. Enterprises must mitigate downtime from ransomware and other disruptions while managing complex data protection across hybrid environments. Using disparate tools for VMs and containers can create overhead, duplicate efforts, and heighten risk. These are just some of the reasons a unified cyber resilience strategy is vital for protection against evolving threats, reducing complexity, streamlining operations, and lowering total cost of ownership (TCO). Commvault addresses this by enabling customers to automatically discover, protect, and recover VMs running on Red Hat OpenShift Virtualization alongside their containerized workloads, all through the Commvault Cloud platform. These capabilities can be particularly valuable for DevOps, SRE, IT/backup admins, and technology leaders (CIOs, CISOs, CTOs) that are managing cloud-native estates. For customers, this means: Robust Cyber Resilience: Commvault offers air-gapped and immutable backups with advanced recovery for VMs on Red Hat OpenShift Virtualization, enabling improved business continuity in the face of ransomware and other threats. Faster and More Flexible Recovery: Customers can restore VMs both in-place and out-of-place, including VM configurations, accelerating deployment and minimizing downtime. Unified Protection for Hybrid Workloads: Customers can simplify operations by managing both traditional and cloud-native workloads through a single platform, reducing tool sprawl and operational silos. Cost Savings and Operational Efficiency: Customers can eliminate the need for separate backup infrastructure or tools for VMs, lowering TCO and increasing administrative efficiency. "We're proud to deepen our collaboration with Red Hat through support for Red Hat OpenShift Virtualization. Together, we're committed to delivering industry-leading cyber resilience and data protection across hybrid environments for our joint customers," said Pranay Ahlawat, Chief Technology and AI Officer, Commvault. "Red Hat OpenShift Virtualization is an included feature of Red Hat OpenShift, the industry's leading hybrid cloud application platform powered by Kubernetes, providing a modern platform for organizations to streamline VM migrations and management on a trusted, more consistent foundation. By collaborating with Commvault, we're enabling enterprise-grade data protection for Red Hat OpenShift Virtualization workloads, giving users greater confidence as they run and scale their essential virtualized applications," said Ashesh Badani, Senior Vice President and Chief Product Officer, Red Hat. AvailabilityCommvault support for Red Hat OpenShift Virtualization will be available for early adopters in early summer and is targeted for general availability by early fall. Pricing is aligned with existing Commvault Kubernetes protection models. For more information about Commvault support for Red Hat OpenShift Virtualization, click here. About CommvaultCommvault (NASDAQ: CVLT) is the gold standard in cyber resilience, helping more than 100,000 organizations keep data safe and businesses resilient and moving forward. Today, Commvault offers the only cyber resilience platform that combines the best data security and rapid recovery at enterprise scale across any workload, anywhere—at the lowest TCO. Red Hat, the Red Hat logo and OpenShift are trademarks or registered trademarks of Red Hat, Inc. or its subsidiaries in the U.S. and other countries. 1 Banet, A. (2024, July 22). Gartner's 2024 Perspective on Container Management. PerfectScale. Precedence Research. (2025, May 2). Containers as a Service Market Size, Share and Trends 2025 to 2034. View original content to download multimedia: SOURCE COMMVAULT
Techday NZ
15-05-2025
- Business
- Techday NZ
HPE unveils new private cloud & storage services for AI era
HPE has announced an expansion of its private cloud portfolio with new offerings aimed at simplifying hybrid IT modernisation while enhancing cyber resiliency, data availability, and energy efficiency for its storage customers. The newly announced HPE Private Cloud Business Edition incorporates HPE Morpheus VM Essentials, enabling customers to benefit from reduced virtual machine (VM) licence costs—reportedly by up to 90 percent—and adding estimated total cost of ownership savings of up to 2.5 times through disaggregated hyperconverged infrastructure (dHCI). This move seeks to provide businesses with broader flexibility in managing virtualised workloads across diverse architectures, such as edge environments and data centres. Fidelma Russo, Executive Vice President of Hybrid Cloud and Chief Technology Officer at HPE, said: "Enterprises are at a pivotal moment in IT modernisation where they must address escalating management complexity and increasing virtualisation costs to free investments for core growth areas. We are the leader in disaggregated infrastructure and our private cloud combines that leadership with new software for unified virtualisation and cloud management. HPE is giving customers the choice, simplicity and cost efficiencies to outpace the competition and re-invest in innovation." The HPE Morpheus Software family, composed of HPE Morpheus VM Essentials and HPE Morpheus Enterprise Software, is now generally available. The offerings are designed to support unified cloud management for larger enterprises and service providers, with both versions including the HVM hypervisor from HPE and licencing per socket to help reduce total ownership costs. VM Essentials customers will also have the option to upgrade to the full HPE Morpheus Enterprise product. HPE states that the new AI-driven features automate infrastructure setup and ongoing lifecycle management, with AIOps predicting and preventing up to 86 percent of issues. This automation is intended to free up IT resources and enable simplified oversight of critical systems. Roberto Valenta, Corporate Technology & Operations IT Manager at Aeropuertos Argentina, commented on the deployment: "HPE Private Cloud Business Edition has paid for itself with what we are saving on legacy support contracts, as-a-service consumption, datacentre space and energy efficiency. The performance, scalability and reliability are the backbone of our mission-critical workloads from flight tracking to airport arrivals and departures. Business Edition powers our vision to deliver faster, stress-free services that reduce waiting, check-in, and security times for flyers." In support of data protection, Commvault has been named the first ecosystem partner to offer image-based VM backup and recovery for VM Essentials, with the release scheduled for May. HPE Morpheus Enterprise Software has been validated to run on a range of hardware platforms including Dell PowerEdge servers, NetApp AFF arrays, as well as HPE ProLiant Gen 11 and Gen12 servers. According to HPE, the adoption of ProLiant Gen12 servers could allow customers to save up to 27 percent on virtualisation software, reduce annual power costs by 65 percent, and achieve a seven-to-one reduction in data centre footprint. The integration of VM Essentials with HPE Aruba Networking CX 10000 is reported to lower total cost of ownership by up to 48 percent, increase performance by up to 10 times, and deliver enhanced security capabilities and storage management for the HPE Alletra Storage MP B10000. HPE is also introducing new Cloud Platform Services focused on virtualisation modernisation. These services include dedicated assessments, re-platforming, infrastructure modernisation, data migration, staff education, and ongoing infrastructure management to simplify virtualisation for enterprises of varying sizes. In the area of data resiliency, HPE unveiled several new guarantees for the HPE Alletra Storage MP B10000, designed to protect data, optimise power consumption, and eliminate the risk of data loss or downtime. The Zero Data Loss and Downtime Guarantee offers high-availability and synchronous replication via active peer persistence, while the Cyber Resiliency Guarantee gives users access to recoverable immutable snapshots and expedited recovery support in ransomware scenarios. The Energy Consumption Guarantee ensures system operations remain within set power thresholds for optimal performance. Jim O'Dorisio, Senior Vice President and General Manager for Storage at HPE, said: "Modern enterprises demand storage that is intelligent by design and agile by architecture. With new guarantees built on our industry-leading AIOps and disaggregated storage, we're delivering a future-ready solution that allow customers to evolve their hybrid cloud data strategy based on business demands." HPE has also announced expansions to its StoreOnce backup and recovery appliance portfolio with the introduction of the StoreOnce 3720 and 3760 models, which are targeted at remote office, branch office, and small- to-medium-sized business (SMB) deployments. These appliances scale from 18TB to 216TB of local usable capacity, with options to expand to 648TB through cloud storage, and offer 20:1 data reduction and backup speeds up to 25TB per hour. Security features include multi-factor authentication, encryption, and immutable data storage. The StoreOnce backup appliances are evaluated to provide 67 percent greater density for space-constrained environments and use 29 percent less power, in addition to being compatible with various backup software platforms.
