Veritas Releases Multicloud Data Management Platform

SANTA CLARA, Calif. – Veritas launches a unified cloud data management platform to help organizations “accelerate their transition” to the cloud.

Data management company Veritas introduced Veritas Alta to provide multicloud data availability, protection, and compliance, the company said last month.

Securing multicloud environments can be challenging for organizations as they need to protect and integrate so many solutions and entry points. Veritas Alta is designed to help these organizations manage all of their data protection from one place.

With Veritas Alta, organizations can migrate critical applications to the cloud and back up all of the data critical to those workloads.

Teams that already use Veritas technology for storage and need to securely migrate workloads to the cloud can benefit from this addition to the Veritas portfolio.

Veritas Alta View, a data management console for Alta customers, is a single console that enables users to manage their data security across on-premises, cloud, and edge environments. Alta View is integrated with Veritas analytics engine, allowing customers to view reports and insights related to their data security. The analytics engine also uses machine learning (ML) and artificial intelligence (AI) technologies for autonomous data management, which should reduce the manual effort for customers’ IT teams.

Companies that are responsible for their own data

Although cloud service providers offer limited security features for customer data, critical business applications require more advanced data protection across all storage and processing environments.

Veritas intends Alta to strengthen customers’ ability to “own and control their data, no matter where it resides — on-premises or in the cloud — while reducing the operational complexities and costs associated with managing multicloud environments to reduce,” said Greg Hughes, CEO, Veritas.

Key Features of Veritas Alta

  • ransomware Elasticity: powered by Veritas Cloud Scale technology
  • Application resilience: with up to five nines availability
  • Data Compliance as a Service: Collecting data from all business communication platforms

Veritas on the market

Veritas was named a Leader in Gartner’s 2022 Magic Quadrant for enterprise backup and recovery software solutions. The company was also recognized in five categories in the 2022 Cybersecurity Excellence Awards for its Backup Exec product.

In 2022, Veritas and Kyndryl announced a strategic global partnership focused on enterprise data protection and recovery for multicloud environments. Kyndryl will offer Veritas’ data management portfolio to its customers as a managed service.

Other global partners of Veritas are VMware, IBM and Fujitsu.

Data Management Market Growth

According to Grandview Research, the global data management market will grow from US$92.99 billion in 2022 to US$265.68 billion in 2030 at a compound annual growth rate (CAGR) of 14%.

The data management market has various facets such as cloud management, analytics and backup, but overall some major players in the market include Veeam, Commvault, Cloudera, Teradata, Oracle and Rubrik.

Earlier this year, Komprise announced new capabilities within its Intelligent Data Management platform. According to COO Krishna Subramanian, these features are designed to provide users with self-service capabilities. Komprise’s additional unstructured data management capabilities are designed to help IT teams authorize users to monitor business data trends and search data.

Multicloud market growth

According to Grandview Research, the global multicloud management market was valued at an estimated US$8.03 billion in 2021 and is projected to grow to US$56.02 billion by 2030 at a CAGR of 27.5%.

Major players in the multicloud management market include Citrix, Dell, Flexera and VMware.

learn more about Veritas storage portfolio next.