Still, the Microsoft Corp.-backed startup appears to be doing well finding customers. For the quarter ended December 2002, it announced 138 new wins, including eBay, Federated Insurance, Liz Claiborne, Boston University, CompuCom, and Hitachi Data Systems (HDS) (see CommVault Scores 138 More).
CommVault has plenty of deals on the table and can comfortably pay its bills, but it faces some interesting challenges as it seeks to grow going forward.
Steaming in to take the No. 7 position is ManagedStorage International Inc. (MSI) a storage service provider (SSP), no less! But an SSP with a twist.
Unlike the dozen or so storage service providers or SSPs as they are known in storage circles that went belly-up last year because they had stupid business models, MSI actually has a good one (see SSPs: RIP).
In essence, it provides managed backup and restore services for businesses that want to keep a copy of their data offsite. The first bunch of SSPs StorageNetworks Inc. (Nasdaq: STOR) among them wanted to take over the management of all the data stored within an organization, but it turned out very few companies were willing to give up this control.
To realize the benefits of cloud-native software, an application must actually be cloud-native—designed to run in the cloud, interacting with disaggregated cloud services, fully manageable as code—to deliver the expected benefits.
By combining resources and expertise, the AI-Enabled ICT Workforce Consortium will offer a blueprint for how industries can adapt to an AI-dominated future.
IT leaders should heed the guidance of cybersecurity insurance providers who think businesses should prioritize security education, incident preparedness, regular internal audits, and ongoing vulnerability scanning and patching.
