Tag: Veritas

Cohesity snaps up Veritas in £5 bn deal

Posted on February 12, 2024 by - News

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.

Tech Data expands self service operation

Posted on September 14, 2021 by - Moving People, News

Tech Data is increasing investment in its Software Store self-service renewals platform introducing a monthly data pack option for partners that have a large number of upcoming renewals and providing dedicated business development support.

The company said it is seeing steady growth in usage of the nine portals via which software and service renewals can be tracked, quoted for, and ordered, and is on track to achieve half of all software licensing renewals through them by the end of the year.

Michael Holden, Tech Data, UK and Ireland, business development manager eCommerce, said that the new data pack option will provide larger reseller partners with all pertinent information on their up-and-coming renewals for automatic input into their own internal systems.

“Larger partners may have thousands of renewals they want to track and might need to give access to many different users while ensuring they conform to security and data policies. We’ve developed the data pack option to provide partners with an uncomplicated way to get all the information they need to automate their renewals business, whilst ensuring they are compliant.”

Veritas launches new Partner Force Programme

Posted on July 16, 2021 by - News

Veritas Technologies  has launched its 2022 Veritas Partner Force Programme.

The new flavour for its programme is designed to foster increased and more predictable earnings for its channel community.  The simplified programme includes further rewards and deeper collaboration, as well as “incentivising” Veritas’ channel to expand the company’s footprint while hardening customers’ resilience against ransomware.

Veritas VP Channel Sales and Alliances Mike Walkey said: “Almost every week, we see cyberattacks against organisations and critical infrastructure around the globe. Hackers are upping the ante and companies need to respond. That’s why we’re empowering our solution providers with the tools and incentives to help their customers protect their data and make their infrastructure more resilient. Whether the threat is data loss, ransomware or downtime, and whether their data resides in the cloud, in containers or on-premises, Veritas and our partners are ready to help.”

Veritas appoints Cashman

Posted on April 30, 2021 by - Moving People, News

Security outfit Veritas has appointed Barry Cashman as its Regional Vice President for the UK and Ireland.

Cashman wants to use Veritas’ heritage in data protection with his expertise in developing and driving high-growth sales teams, to bolster Veritas’ position. He is predicting strategic hiring and training, to drive further innovation and create a more powerful regional team

He joins Veritas from Micro Focus where he spent the last four years as VP and General Manager, UK&I. Prior to that, Barry served two years as Vice President, EMEA at VCE. However, the lion’s share of his career was spent in sales leadership roles at EMC where he was ultimately responsible for EMC’s $2 billion Enterprise business across EMEA.

Cashman said that the unprecedented changes to the economy brought about by the COVID-19 pandemic and Brexit have given business leaders in the UK and Ireland enough to think about right now – the last thing they want to worry about is costly data breaches or a ransomware attacks.

Data migration is important for no deal Brexit

Posted on October 19, 2020 by - News

Veritas privacy boss Mark Keddie has warned that with Boris Johnson today saying that the UK must be prepared for a no trade deal with the EU, the question of data migration becomes urgent again for businesses everywhere.

Both the EU and the UK government have suggested, however, that a deal could still be done. But with the outcome of the UK-EU Brexit trade negotiations is still uncertain, and two-and-a-half years after the GDPR came into force, businesses must now return to the challenge of understanding their data flow.

Keddie said that action was going to be especially important for organisations that might have taken their feet off the pedal over the last 30 months, thinking that their work was done.

“Some watchdogs, such as the ICO in the UK have issued only limited fines and even pledged leniency during the COIVD pandemic, which could have lulled organisations into a false sense of security.  It’s important for those businesses to recognise that action will soon lie in the hands of international watchdogs, many of which have been more willing to bare their teeth”, he said.

Veritas snaps up Globanet

Posted on September 29, 2020 by - News

Veritas has acquired Globanet, a privately held software company based in Los Angeles, California. The acquisition further extends Veritas’ strong portfolio of digital compliance and governance offerings to give customers native visibility into over 80 new content sources.

For those who came in late, Globanet provides comprehensive compliance and intelligent communications solutions to enterprises, including Globanet Merge.

Public sector leads the way on using data

Posted on August 11, 2020 by - News

The public sector is leading the way when it comes to data usability – but still has a way to go – according to the latest research from Veritas Technologies.

The 2020 Veritas Public Sector Databerg Report on public sector data challenges was gathered from senior  decision-makers.  The report shows that 30 percent of the data stored by public sector organisations has a known value. This beats its general industry counterparts, which typically have 50 percent data that is dark, 35 percent deemed ROT and just 15 percent clean.

Veritas increases top partner support

Posted on May 4, 2020 by - News

The data protection player Veritas  launched the latest version of its Partner Force programme to boost channel growth, particularly in the mid-market.

Jamie Farrelly, vice-president EMEA channels and mid-market sales at Veritas, had already devised a triple A strategy for this year to make sure the firm is in the best position to support partners that want to embrace its portfolio and meet customer needs around gaining insights into their data.

The outfit said it is working closely with those partners that have specialised around certain technologies and is encouraging the development of a network of experts that can deliver a bespoke service to customers.

Veritas releases Enterprise Data Services Platform

Posted on June 24, 2019 by - News

Veritas has launched an Enterprise Data Services Platform, which draws together several products to meet its vision of protecting data as well as making it available and generating insights into the information for customers.

The idea is to encourage partners to look beyond just data protection to add more management tools.

Veritas VP of EMEA channels Jamie Farrelly said that the vision behind the platform was to help meet customer data issues around dealing with growth and increasing complexity.

The idea was to make it easier for partners to expand the data management conversation with users so they can have an understanding of what that data is. Rather than working with multiple vendors, the Platform brings it together.

GDPR didn’t solve data security problems

Posted on March 25, 2019 by - News

Ten months after GDPR came into force there are still issues using and protecting data, according to a Veritas report.

Analysts at Veritas have discovered that customers continue to struggle to find, manage and use their data continues to be a concern with some in the industry blaming it for causing productivity and revenue losses.

Users are unable to get their hands on data quick enough and it slowed productivity, with some wasting up to two hours a day looking for information they needed. The net results were that UK organisations could be losing £1.2 million annually.

There were various reasons why employees could not find data, including the lack of tagging, wading through large volumes of material or they didn’t have access.

Jasmit Sagoo, senior director, Northern Europe, Veritas, said that the introduction of GDPR has not had impact on many firms, partly because so far there seemed to be little consequences for those that failed to abide by the rules.

“My observations are that a lot of organisations have done the bare minimum. GDPR hasn’t solved the problem. Customers haven’t seen any big fines or faced the wrath so organisations are a bit relaxed about that.”

“There has been a carrot and stick approach and if you don’t see the right results then you might see the stick coming out soon. Something has to happen to provide a catalyst for it to be taken more seriously,” he said.

He added that there was an opportunity for the channel to go out pitching tools like intelligent automation to support more precise data management practices.

“There is an opportunity. The future of our society and businesses will become even more data driven,” he added “People are not harnessing its value and protecting it properly and they need to.”

“Organisations have access to a wealth of data that can create significant opportunities if they use it intelligently. Unfortunately, employees waste precious time searching for useful, and potentially business-critical, data in fragmented IT environments,” he said.

AWS, VMware, Microsoft and Symantec are pants vendors

Posted on February 27, 2018 by - News

hqdefaultAWS, APC, Citrix, Huawei, McAfee, Microsoft, Symantec, Veritas and VMware are lowest-scoring vendors in a channel management survey according to research outfit Canalys.

The Canalys Leadership Matrix was based on more than 2,700 responses from EMEA channel partners who were asked to rate their vendor partners across ten areas of channel management.

Canalys divided the results into four: “Champions”, “Growers”, “Contenders” and “Stragglers”, the survey also judges vendors on how their standing in the Leadership Matrix has changed.

Nine companies were placed in Canalys’ “Stragglers” quadrant, reserved for vendors that “have shown significant weakness in areas of channel management” or “have seen a deterioration in partner relationships, either by choice or mistake”.

AWS, APC, Citrix, Huawei, McAfee, Microsoft, Symantec, Veritas and VMware were all named as channel Stragglers in the survey.

Vole and VMware, two firms which have “highly successful businesses built on sales via partners,” were named and shamed in the report with Canalys saying that there was “a growing wave of channel dissatisfaction with both brands”.

Dell EMC’s appointment as an “official distributor” of VMware licences last year dealt a blow to its resellers and distributors and likely prompted a fall from grace among partners.

Canalys claimed that Microsoft, meanwhile, has been “accused of squeezing channel margins” through its Cloud Solution Provider partner programme.

The top-scoring vendors in the survey included Fujitsu, Cisco, Lenovo, Palo Alto Networks and Veeam. Canalys said that  Cisco’s quality of technical support for partners remains unparalleled when compared with its competitors, while Lenovo’s “Channel 2.0” initiative, which sought to simplify partner incentives, was well received by the channel.

Apple’s  overall rating was still relatively low compared with its peers, and its resellers still suffer from “low margin potential” and “rigid terms and conditions” from the vendor.

 

Veritas does not think Dell’s EMC mash up was a good thing

Posted on September 21, 2017 by - News

 

img287110241024-580x358Dell’s merger with EMC sparked much mirth at its rival,  Veritas.

The wags at Veritas mashed up a picture of North Korean leader Kim Jong-un and celebrity Kim Kardashian in the process to have a dig at Michael Dell’s efforts.

Mike Palmer, executive vice president and chief product officer at Veritas, used his keynote address to talk about “data monsters” and displayed six such ‘monsters’ on the big screen: Mike and Sully from Monsters, Shrek, Frankenstein’s monster, Stripe from Gremlins, the Night King from Game of Thrones and finally an image which blended the faces of Kim Jong-un and Kim Kardashian.

He said that it had created each ‘monster’ to demonstrate a different type of data threat. For Mike and Sully, Palmer said: “Some monsters learn how to add value in society, such as these guys who eventually created energy through laughter”, while the likes of Stripe transformed into something evil and were “not as well intentioned”.

The Jong-un-Kardashian mash-up was all about Dell and EMC. “I got this from Dell EMC. They went to the Kim Jong-un school of sales training, realised that sort of dictatorial hardware image isn’t what they wanted, so they mashed it up with Kim Kardashian and that is what we got.”

Channel partners should get into data management

Posted on April 5, 2016 by - News

hp_serversBeancounters at Veritas suggest that channel partners could make a pretty penny by getting themselves in data-management.

In a couple of reports Veritas suggests that IT organizations are on track to waste more than $3.3 trillion by 2020 on storing data they don’t need.

Veritas’ Vanson Bourne said that based on a survey of 2,550 IT executives, the vast amount of data being stored is redundant, obsolete or trivial or as “dark data” whose value is unknown and may include business-critical  data.

The number of employees using corporate networks for their personal use is growing, leading to more types of files, such as personal legal and ID documents (62 per cent), photos (60 per cent) or non-approved software (27 per cent) being stored at work. Due to this growth, 45 per cent of respondents in the U.S. say they are worried about employees being careless with how they handle company data.

All this creates an opportunity for solution providers across the channel is to provide managed services that pay for themselves by reducing the amount of data that needs to be stored and ultimately secured.

Veritas has a few suggestions for what types of files those managed service providers should be looking to outright delete or archive.

 

Symantec distances itself from Veritas sell off rumours

Posted on April 15, 2015 by - News

Symantec_Headquarters_Mountain_ViewSecurity outfit Symantec has been saying “oh look a badger” to reporters asking about its sale of its storage storage unit Veritas, for as much as $8 billion.

The dark satanic rumour mill claims that the floundering security vendor has approached NetApp, EMC and several private equity firms to gauge interest in the business. which the company purchased for $13.5 billion.

Veritas business has struggled to live up to expectations after sluggish demand for its storage and data management products.

The plan has been widely dismissed by Symantec, which wants to continue to split the company into two, independent publicly traded companies: one business focused on security and one business focused on information management.

Symantec said that it will separate Veritas and Symantec into two independently traded companies by the end of the calendar year. One focused on information management and one focused on security.

For the vendor, creating two standalone businesses will allow each entity to “maximise its respective growth opportunities and drive greater shareholder value.”

Michael Brown, president and CEO, Symantec has gone on record saying that Veritas remains a powerful brand that still has tremendous equity.