Tag: Cohesity

Cohesity snaps up Veritas in £5 bn deal

Data security firm Cohesity has spent £5 billion to buy Veritas’ data security business, creating a £10 billion mega-merger.

Reuters revealed the deal, which will see Cohesity take over Veritas’ data protection unit. The unit is valued at over £2 billion, including debt.

Cohesity’s boss, Sanjay Poonen, said the cash and stock acquisition will help the firm boost its growth and profitability and expand into new markets.

He also claimed the merger will create a “profitable growth machine” that will innovate with AI.

However, analysts are not that keen on the deal, which they see as a risky move that could backfire for both firms and their customers.

Cohesity expands Alliance

AI security outfit Cohesity is expanding its Data Security Alliance ecosystem with six leading Data Security Posture Management (DSPM) vendors, including long-standing partner BigID, Cyera, Dig Security, Normalyze, Sentra, and Securiti.

The company said that while cloud adoption continues to increase, copies of data are often shared between clouds without oversight by IT or security, resulting in the growth of shadow data. Because of this, data security, cyber recovery and compliance are at risk, as seen by 82 per cent of breaches involving data stored in the cloud.

Cohesity says the need for DSPM capabilities and modern data security and management services has never been greater. DSPM gives customers a deep understanding of their sensitive data, who has access to it, how it is being used, and where it is stored. When combined with Cohesity’s modern data security and management technology, customers build a strong cyber resilience posture.

Tata joins Cohesity Data Security Alliance

Cohesity has announced that Tata Consultancy Services (TCS) is joining the Cohesity Data Security Alliance ecosystem.

Cohesity and Data Security Alliance partners offer current and potential new customers a suite of data security and management solutions and services to help build a cybersecurity strategy and enhance cyber resilience.

This news builds upon Cohesity and TCS’ long-standing partnership and commitment to providing modern and automated data management solutions with end-to-end security.

Cohesity teams up with Google cloud

Security outfit Cohesity has announced an expanded partnership with Google Cloud to help organisations unlock the power of generative AI and data.

Cohesity also unveiled Cohesity Turing, a unique, comprehensive, and rapidly evolving set of AI technologies that brings the power of AI to data security and management.

The company said the expanded partnership with Google Cloud and Cohesity Turing will enable organisations to leverage their entire data estate through a single, secure workflow across on-premises, multi-cloud, and edge environments.

Cohesity wants to extend its AI-ready data security and management platform — Cohesity Data Cloud — to work closely and have deeper integrations with leading cloud services, including Vertex AI, Google Cloud’s fully managed ML (machine learning) platform designed to help companies to accelerate the deployment of ML and AI models.

It believes that combining Cohesity’s data security and management capabilities and Vertex AI will enable joint customers to gain new insights into the same data they’re already securing and managing on Cohesity’s platform. Through this integration, customers couldquickly search across exabytes of data to gain insights into data patterns, like finding anomalies in their data to detect threats, or find answers to very specific questions, or quickly recover data using contextual searches.

Google Cloud CEO Thomas Kurian said that Vertex AI was one of the best platforms for building, deploying, managing and scaling ML models – and we’re excited that Cohesity is joining our growing open ecosystem to help more customers get value from their data via AI.

“Cohesity’s excellent data security and management capabilities, combined with Google Cloud’s powerful generative AI and analytics capabilities, will help customers get exceptional insights into their backup and archived data.”

Cohesity CEO Sanjay Poonen said businesses need to be able to easily get rapid insights from their data utilising cutting-edge and leading AI/ML models.

“We agree with Google that AI must be handled securely and responsibly. With our unique platform, Cohesity not only provides phenomenal search via our built-in indexing capabilities, but robust security protocols to help customers maintain control and privacy of their data at every turn.”
Creating Unprecedented Efficiency and Insights Via Cohesity Turing

Cohesity partners with Ownbackup

Data security outfit Cohesity has teamed up with OwnBackup in a technology partnership to deliver customers a modern data security and management solution for their essential SaaS applications.

Cohesity and OwnBackup say they can manage this across an array of popular SaaS applications including Salesforce, Microsoft 365, ServiceNow, and Microsoft Dynamics 365.

This partnership will provide customers of OwnBackup and Cohesity with enhanced capabilities to backup and recover multiple data types, across a wide array of SaaS applications.

Epicor senior director Dan Lepine said. “We look forward to seeing how the partnership between Cohesity and OwnBackup can simplify how we protect and manage our most important asset: our corporate data. Being able to visualise and manage our on-premises and SaaS backup data side-by-side can bring efficiencies into how we manage those data sets.”

Cohesity headhunts VMware’s former chief operating officer

VMware’s former chief operating officer Sanjay Poonen has been headhunted by Cohesity as its new CEO and President.

Sanjay Poonen oversaw sales, marketing, services, and alliances in his most recent role at VMware, helping to double revenues from approximately $6 billion to $12 billion.

Poonen said that Cohesity sat at the intersection of three of the highest priority business issues today – cyber security, cloud, and data management.

Cohesity to obey the Law

Cohesity has hired Kirk Law  as senior vice president of R&D where he will have global responsibility for engineering, product management and Cohesity’s ecosystem business.

The tech veteran brings over 30 years of relevant experience to Cohesity with a passion for developing products.

Law said: “We will continue to deliver next-gen solutions that can help organisations radically simplify data management, improve their security postures in the face of sophisticated ransomware attacks, benefit from AI-powered insights, and do more with data, which is their most valuable digital asset.”

Cohesity offers disaster recovery as a service

Proof that you can get everything “as a service” these days, Cohesity announced the general availability of disaster recovery as a service (DRaaS).

Cohesity sees gold in “as service” stuff. Last month it was offering a backup as a service (BaaS), and next month, it is planning to release a Data Management as a Service (DMaaS) portfolio.

The new offering extends the exceptional disaster recovery (DR) capabilities provided by Cohesity SiteContinuity. It adds the ability to use Amazon Web Services (AWS) as a recovery location for failover and failback in a Software as a Service (SaaS) model.
The big idea is that it will minimise downtime and data loss, meet service level agreements (SLAs) and generally simplify operations.

Cohesity does well on the back of digital move

Cloudy Cohesity has been doing well in its third quarter as companies simplify data management, mitigating threats from ransomware attacks, and accelerating their move to the cloud.

The third quarter, which ended April 30, 2021, saw Cohesity subscription business increase by nearly  80 percent year on year in annual recurring revenue (ARR).

The company saw a strong net expansion rate which continues to exceed 130 percent in the third quarter, a benchmark for leading subscription/SaaS companies. This means that ARR from Cohesity’s existing customer set grew more than 30 percent over the last 12 months.

Cohesity saw more than a 40 percent increase in the number of customers bringing its customer count to nearly 2,500 globally. Cohesity recorded its largest transaction from a single customer in company history.

Cohesity launches Backup as a Service

Cohesity announced the launch of its Backup as a Service (BaaS) offering, DataProtect delivered as a Service, to customers in Europe.

Hosted on Amazon Web Services, Inc. (AWS) in Europe, the offering gives enterprise and mid-size customers a way to back up data, eliminate silos, and drive down capital expenditure costs, while Cohesity takes care of managing the underlying infrastructure.

Cohesity DataProtect delivered as a Service includes support for an array of workloads including Amazon Elastic Compute Cloud (Amazon EC2) instances and compute infrastructure, Amazon Relational Database Service (Amazon RDS), Microsoft 365 SaaS applications, and data sources such as VMware, Network Attached Storage (NAS), and SQL Server.

Cohesity appoints Gadd as general manager

Cohesity has named Richard Gadd as vice president and general manager, EMEA sales.

Gadd has more than 30 years of experience in technology sales and business development throughout Europe.

He will manage the company’s business and sales operations throughout the region.

Cohesity said in a press release that Gadd would play a key role in continuing to accelerate the rapid growth and adoption of the company’s multi-cloud data management solutions.

He joins Cohesity from Hitachi Vantara, where he served as senior vice president and general manager EMEA for five years. For two years before that, he was vice president and general manager for the UKI.

Before Hitachi Vantara, Gadd spent more than eight years in various senior leadership roles at EMC. He has previously held leadership and sales positions at Computacenter, Morse, and Xerox.

Cohesity teams up with Amazon Web Services

Cohesity has formed a strategic collaboration with Amazon Web Services (AWS) to address a growing need for flexible, available, scalable, and reliable data management. The pair are  bringing to market a new Data Management as a Service (DMaaS) offering.

The DMaaS solution is designed to provide enterprise and mid-size customers with a radically simple way to back up, secure, govern, and analyse their data, managed directly by Cohesity and hosted on AWS.

Amazon said that as data continues to grow exponentially, many organisations are looking to manage data in ways that allow their IT teams to focus on policy versus infrastructure, provide consumption-based pricing, accelerate the move to the cloud, make it easy to derive value from data, remove data infrastructure silos, and support multiple use cases — including data backup and archiving, disaster recovery, file and object services, copy data management, and analytics.

Cohesity moves to consumption based pricing for partners

 Cohesity announced a significant expansion and updates for its partner programme, empowering service providers to leverage pay-per-use pricing for Cohesity’s full suite of data management services.

The company said that the new pay-per-use subscription model will provide even greater predictability for partners as they support enterprise and mid-market end customers, which is ideal for organisations under increasing pressure to reduce capital budgets during the current global pandemic.

Through this model, service providers only pay for the data management services they use each month, instead of committing to set blocks of capacity in advance. The appeal of this approach is that as business needs change, service providers can make adjustments as necessary, which provides maximum levels of flexibility.

Cohesity appoints new sales director

Cohesity has announced the appointment of Andrew Fitzgerald as its new sales director for Western Europe and sub-Saharan Africa.

The move is part of the data management outfit’s cunning plan to boost growth in the regions.

Fitzgerald will be based in the UK and lead the company’s business development strategy across the European and African markets and push its modern data management capabilities to partners.

He has over 30 years of IT solution sales experience across significant enterprise IT businesses, including Palo Alto Networks, NetApp, IBM, Sun Microsystems and Hitachi Data Systems. Cohesity said the addition of Fitzgerald’s expertise would help the firm expand in both the Western European and African markets.

Cohesity snaps up Imanis Data.

Storage outfit Cohesity has written a cheque for backup and data management player Imanis Data.

The move is being seen as Cohesity looking to help customers deal with “modern workloads” with NoSQL distributed databases, containers and SaaS data.