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These excerpts taken from the CVLT 10-K filed May 19, 2009. Industry
Background
The driving forces for the growth of the data management
software industry are the rapid growth of data and the need to
reliably protect, quickly access and cost-effectively manage
that data.
Data is widely considered to be one of an organization’s
most valued assets. The increasing reliance on critical
enterprise software applications such as
e-mail,
relational databases, enterprise resource planning, customer
relationship management and workgroup collaboration tools is
resulting in the rapid growth of data across all enterprises.
New government regulations, such as those issued under the
Sarbanes-Oxley Act, the Health Insurance Portability and
Accountability Act (HIPAA) and the Basel Committee on Banking
Supervision (Basel II), as well as company policies requiring
data preservation, are expanding the proportion of data that
must be archived and easily accessible for future use. In
addition, ensuring the security, availability and integrity of
the data has become a critical task as regulatory compliance and
corporate governance objectives affecting many organizations
mandate the creation of multiple copies of data with longer and
more complex retention requirements.
In addition to rapid data growth, data storage has transitioned
from being server-attached to becoming widely distributed across
local and global networked storage systems. Data previously
stored on primary disk and backed up on tape is increasingly
being backed up, managed and stored on a broader array of
storage tiers ranging from high-cost, high-performance disk
systems to lower-cost mid-range and low-end disk systems to tape
libraries. This transition has been driven by the growth of
data, the pervasive use of distributed critical enterprise
software applications, the decrease in disk cost and the demand
for 24/7 business continuity.
The recent innovations in storage and networking technologies,
coupled with the rapid growth of data, have caused information
technology managers to redesign their data and storage
infrastructures to deliver greater efficiency, broaden access to
data and reduce costs. The result has been the wide adoption of
virtualized
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environments coupled with larger and more complex networked data
and storage solutions, such as storage area networks
(“SANs”) and network-attached storage
(“NAS”).
We believe that these trends are increasing the demand for
software applications that can simplify data management, provide
secure and reliable access to all data across a broad spectrum
of tiered storage and computing systems and seamlessly scale to
accommodate growth, while reducing the total cost of ownership
to the customer.
Industry Background The driving forces for the growth of the data management software industry are the rapid growth of data and the need to reliably protect, quickly access and cost-effectively manage that data. Data is widely considered to be one of an organization’s most valued assets. The increasing reliance on critical enterprise software applications such as e-mail, relational databases, enterprise resource planning, customer relationship management and workgroup collaboration tools is resulting in the rapid growth of data across all enterprises. New government regulations, such as those issued under the Sarbanes-Oxley Act, the Health Insurance Portability and Accountability Act (HIPAA) and the Basel Committee on Banking Supervision (Basel II), as well as company policies requiring data preservation, are expanding the proportion of data that must be archived and easily accessible for future use. In addition, ensuring the security, availability and integrity of the data has become a critical task as regulatory compliance and corporate governance objectives affecting many organizations mandate the creation of multiple copies of data with longer and more complex retention requirements. In addition to rapid data growth, data storage has transitioned from being server-attached to becoming widely distributed across local and global networked storage systems. Data previously stored on primary disk and backed up on tape is increasingly being backed up, managed and stored on a broader array of storage tiers ranging from high-cost, high-performance disk systems to lower-cost mid-range and low-end disk systems to tape libraries. This transition has been driven by the growth of data, the pervasive use of distributed critical enterprise software applications, the decrease in disk cost and the demand for 24/7 business continuity. The recent innovations in storage and networking technologies, coupled with the rapid growth of data, have caused information technology managers to redesign their data and storage infrastructures to deliver greater efficiency, broaden access to data and reduce costs. The result has been the wide adoption of virtualized
Table of Contentsenvironments coupled with larger and more complex networked data and storage solutions, such as storage area networks (“SANs”) and network-attached storage (“NAS”). We believe that these trends are increasing the demand for software applications that can simplify data management, provide secure and reliable access to all data across a broad spectrum of tiered storage and computing systems and seamlessly scale to accommodate growth, while reducing the total cost of ownership to the customer. These excerpts taken from the CVLT 10-K filed May 16, 2008. Industry
Background
The driving forces for the growth of the data management
software industry are the rapid growth of data and the need to
protect and manage that data.
Data is widely considered to be one of an organization’s
most valued assets. The increasing reliance on critical
enterprise software applications such as
e-mail,
relational databases, enterprise resource planning, customer
relationship management and workgroup collaboration tools is
resulting in the rapid growth of data across all enterprises.
New government regulations, such as those issued under the
Sarbanes-Oxley Act, the Health Insurance Portability and
Accountability Act (HIPAA) and the Basel Committee on Banking
Supervision (Basel II), as well as company policies requiring
data preservation, are expanding the proportion of data that
must be archived and easily accessible for future use. In
addition, ensuring the security, availability and integrity of
the data has become a critical task as regulatory compliance and
corporate governance objectives affecting many organizations
mandate the creation of multiple copies of data with longer and
more complex retention requirements.
In addition to rapid data growth, data storage has transitioned
from being server-attached to becoming widely distributed across
local and global networked storage systems. Data previously
stored on primary disk and backed up on tape is increasingly
being backed up, managed and stored on a broader array of
storage tiers ranging from high-cost, high-performance disk
systems to lower-cost mid-range and low-end disk systems to tape
libraries. This transition has been driven by the growth of
data, the pervasive use of distributed critical enterprise
software applications, the decrease in disk cost and the demand
for 24/7 business continuity.
The recent innovations in storage and networking technologies,
coupled with the rapid growth of data, have caused information
technology managers to redesign their data and storage
infrastructures to deliver greater efficiency, broaden access to
data and reduce costs. The result has been the wide adoption of
larger and more complex networked data and storage solutions,
such as storage area networks (SANs) and network-attached
storage (NAS).
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We believe that these trends are increasing the demand for
software applications that can simplify data management, provide
secure and reliable access to all data across a broad spectrum
of tiered storage and computing systems and seamlessly scale to
accommodate growth, while reducing the total cost of ownership
to the customer.
Industry Background The driving forces for the growth of the data management software industry are the rapid growth of data and the need to protect and manage that data. Data is widely considered to be one of an organization’s most valued assets. The increasing reliance on critical enterprise software applications such as e-mail, relational databases, enterprise resource planning, customer relationship management and workgroup collaboration tools is resulting in the rapid growth of data across all enterprises. New government regulations, such as those issued under the Sarbanes-Oxley Act, the Health Insurance Portability and Accountability Act (HIPAA) and the Basel Committee on Banking Supervision (Basel II), as well as company policies requiring data preservation, are expanding the proportion of data that must be archived and easily accessible for future use. In addition, ensuring the security, availability and integrity of the data has become a critical task as regulatory compliance and corporate governance objectives affecting many organizations mandate the creation of multiple copies of data with longer and more complex retention requirements. In addition to rapid data growth, data storage has transitioned from being server-attached to becoming widely distributed across local and global networked storage systems. Data previously stored on primary disk and backed up on tape is increasingly being backed up, managed and stored on a broader array of storage tiers ranging from high-cost, high-performance disk systems to lower-cost mid-range and low-end disk systems to tape libraries. This transition has been driven by the growth of data, the pervasive use of distributed critical enterprise software applications, the decrease in disk cost and the demand for 24/7 business continuity. The recent innovations in storage and networking technologies, coupled with the rapid growth of data, have caused information technology managers to redesign their data and storage infrastructures to deliver greater efficiency, broaden access to data and reduce costs. The result has been the wide adoption of larger and more complex networked data and storage solutions, such as storage area networks (SANs) and network-attached storage (NAS).
Table of ContentsWe believe that these trends are increasing the demand for software applications that can simplify data management, provide secure and reliable access to all data across a broad spectrum of tiered storage and computing systems and seamlessly scale to accommodate growth, while reducing the total cost of ownership to the customer. This excerpt taken from the CVLT 10-K filed May 25, 2007. Industry
Background
The driving forces for the growth of the data management
software industry are the rapid growth of data and the need to
protect and manage that data.
Data is widely considered to be one of an organization’s
most valued assets. The increasing reliance on critical
enterprise software applications such as
e-mail,
relational databases, enterprise resource planning, customer
relationship management and workgroup collaboration tools is
resulting in the rapid growth of data across all enterprises.
New government regulations, such as those issued under the
Sarbanes-Oxley Act, the Health Insurance Portability and
Accountability Act (HIPAA) and the Basel Committee on Banking
Supervision (Basel II), as well as company policies
requiring data preservation, are expanding the proportion of
data that must be archived and easily accessible for future use.
In addition, ensuring the security and integrity of the data has
become a critical task as regulatory compliance and corporate
governance objectives affecting many organizations mandate the
creation of multiple copies of data with longer and more complex
retention requirements.
In addition to rapid data growth, data storage has transitioned
from being server-attached to becoming widely distributed across
local and global networked storage systems. Data previously
stored on primary disk and backed up on tape is increasingly
being backed up, managed and stored on a broader array of
storage tiers ranging from high-cost, high-performance disk
systems to lower-cost mid-range and low-end disk systems to tape
libraries. This transition has been driven by the growth of
data, the pervasive use of distributed critical enterprise
software applications, the decrease in disk cost and the demand
for 24/7
business continuity.
The recent innovations in storage and networking technologies,
coupled with the rapid growth of data, have caused information
technology managers to redesign their data and storage
infrastructures to deliver greater efficiency, broaden access to
data and reduce costs. The result has been the wide adoption of
larger and more complex networked data and storage solutions,
such as storage area networks (SANs) and network-attached
storage (NAS). In addition to those trends, regulatory
compliance and corporate governance objectives are creating
larger data archives having much longer retention periods that
require information technology managers of organizations
affected by these objectives to ensure the integrity, security
and availability of data.
We believe that these trends are increasing the demand for
software applications that can simplify data management, provide
secure and reliable access to all data across a broad spectrum
of tiered storage and computing systems and seamlessly scale to
accommodate growth, while reducing the total cost of ownership
to the customer.
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