Feeds

CommVault boosts profits by 25%, bucks storage slump trend

Now THIS is how you run a business

Choosing a cloud hosting partner with confidence

Data backup and archive software supplier CommVault has delivered a object lesson in how to run a business, filing Wall Street-beating revenues and profits for its latest quarter.

Its revenues for the second quarter of its fiscal 2014 were $141.9m, up 20 per cent annually and 6 per cent more than the previous quarter. Net income was $17.4m, 25 per cent higher than a year ago and 29 per cent more than the previous quarter.

El Reg's storage desk can imagine CEO Bob Hammer seeing the figures and shouting “YEEESSSS!”

EMC and Symantec could be making mincemeat of CommVault; instead they wallow in its wake. Symantec is hamstrung while a new CEO wrenches the company into shape. Meanwhile, EMC’s products just don’t provide the single, combined and integrated platform that Simpana 10 does.

Of course CommVault, looking like passing the half-billion dollar revenue mark this fiscal year, is small beer compared to EMC’s and Symantec’s overall revenues. Nevertheless, in its data archive, backup and management market, it kicks - and keeps on kicking - their collective arses, providing an object lesson in how to run a software business. ®

New hybrid storage solutions

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.