Technology: Panacea for market slowdown

Ritika Sharma / Emirates Business

Despite the global concerns about economic slowdown due to oil price slump, New Jersey-headquartered Commvault, a global leader in enterprise data protection and information management, says it has done exceptionally well, business-wise, in past few months.
The global data service provider cites the capability of technology to cut down on costs effectively, as the reason for their recent growth in the region.
Bassam Hemdan, area vice president of Commvault, Middle East South Africa and Turkey (MESAT), told Emirates Business, “We always advise people that right use of technology can make a huge difference to their businesses. The traditional way of operating involves huge money in data security and storage. We have observed that instead of cutting down on wrong areas, one can make wiser choices and save a lot during the time of an economic slowdown.”
“Customers of Commvault have received a multitude of benefits for their enterprises by following our strategies,” said Hemdan.
The company says that, over the years, its customers have seen 42 percent reduction in annual hardware spending and a 52 percent reduction in annual software spending.
“Users of Commvault solutions have been able to achieve a 91 percent protection coverage rate for their data. To make people understand this, we have released a report that studied the impact of Commvault consultation on around 750 companies across the world. We have shown the results to other potential customers to educate them that they need to make informed decision when it comes to cost cutting,” he added.
Talking about data storage as a major area where companies can save, Mask Jow, vice president, technical services, Europe Middle East Africa (EMEA), Commvault, said, “For organisations, data storage is a sector where they invest hugely. We offer them a choice to choose similar products in the market that cost much less and give the same benefits. Lower commodity price and a change in the kind of hardware and software, can make a substantial difference when it comes to intelligent investments.”
Commvault operates in over 22 countries and it has major share of its clients coming from this region. Company is deepening its commitment to the Middle East region, supporting organisations’ move into the cloud, virtualised infrastructures and a mobile enterprise through an extensive and growing partner network, and increasing resource investments
Talking about future plans for the region, Wael Mustafa, Channel Sales Director MESAT, Commvault, said, “We are expanding our service portfolio to offer enterprises the opportunity to have managed services directly run by us or through a third party partner to drive efficiencies, focus on their core business priorities and maximise their investment in Commvault’s technologies.”
“We are continuing to innovate on our platform to give customers increased flexibility across cloud, hypervisor and storage ecosystems with powerful enhancements,” he added.