Backup biz Arcserve: Private equity... there's nothing like it
Don't worry CA Technologies – we're being looked after
Private equity ownership has given anodyne old backup biz Arcserve a huge energising kick in the behind.
Over the past year, Arcserve says it has seen a 61 per cent increase in UDP (Unified Data Protection) product sales, a 41 per cent increase in general overall new sales. Of this 47 per cent was in EMEA and 22 per cent in North America. There was a 27 per cent rise in the number of mid-size customers.
Gartner says Arcserve increased its share of the data centre backup and recovery market 28.3 per cent year-on-year, compared to general industry growth of 5.5 per cent. All this must be really pleasing for the Arcservers.
Arcserve says it will increase its set of products by developing existing ones and buying companies. The next version of UDP will have more capabilities to unify the on-premises and cloud protection experience, expand the reporting and testing features, and havbe, Arcserve says, unparalleled ease of use.
There will be a new UDP appliance product series with more flexibility, resilience and scalability. It looks like the new appliance range will slot in above the UDP 7000.
The UDP appliances were introduced in February 2015 and, over the past year (July 2015 - July 2016 we suppose), the firm says sales have rocketed by more than 4,900 per cent. There was also 35 per cent growth in Arcserve headcount over last year as the execs running the company staff it up for growth.
Private equity ownership suits Arcserve far more than being a CA technologies business unit. And isn't it amazing how the staid old data protection market can provide such dynamic growth opportunities? ®