- 29 June 2018 12:26
Veritas is Named Worldwide Market Share Leader by Gartner across Three Categories for 2017 by Revenue
Veritas Technologies earned top worldwide market share in backup and recovery, archiving software and management software-defined storage (SDS) for 2017 by revenue, according to Gartner.
Veritas had 24.3 per cent market share in the backup software market, led by its NetBackup and Backup Exec solutions, and 11.5 per cent of the market in archive software. In the management SDS category, the company maintained leading market share at 27.2 per cent, while growing revenue by 7.87 per cent in 2017.
Veritas has heightened its focus on ensuring customer success while sustaining a rapid pace of innovation with both existing and new solutions to help organisations solve their most complex data protection challenges.
Additionally, the need for modern software-defined storage capabilities has never been more pressing as data growth and data storage costs continue to grow exponentially. New software-defined storage innovations from Veritas enable and optimise machine learning intelligence to help customers increase their information capital through deeper levels of classification, indexing and analytics.
“New applications like artificial intelligence (AI) and the Internet of Things (IoT) are driving soaring volumes of data, while data governance regulations, such as the General Data Protection Regulation (GDPR), are causing complex data protection and storage challenges for customers,” said Greg Hughes, CEO, Veritas. “At Veritas, we’re focused on helping our customers easily protect and manage their data,” said Hughes.