By covering all types of workloads across all locations, the company’s
By covering all types of workloads across all locations, the company’s approach also doesn't force customers into awkward choices between SaaS or on-premises software. The company also simplifies safeguarding data by implementing a single policy engine that covers every aspect of a business’ data. Commvault, headquartered in Tinton Falls, New Jersey operates development centers in India, the U.K. and New Jersey. Commvault originated in 1988 as a data management, backup and recovery development group within Bell Labs. It was subsequently established as a business unit within AT&T Network Systems. Following AT&T's reorganization, the group became a part of Lucent Technologies before being spun off in 1996 to become an independent company. It anticipates achieving revenue of approximately $820 million in its fiscal year 2024. A Rapidly Evolving Market Global spending on security and risk management is expected to reach $215 billion in 2024, a 14.3% increase from the esti...