On the heels of the news that Veritas will become an independent company from Symantec, it has been identified as a market leader in integrated backup appliances by IDC. According to IDC’s Worldwide Quarterly Purpose-Built Backup Appliance Tracker for the first quarter of 2015, Veritas held the largest percentage of the integrated backup appliance market share and is growing at more than double the rate of its competitors in the category.
As the sheer volume of data continues to increase, companies have an ever more challenging responsibility to protect their data and drive down costs. This makes purpose-built backup appliances (PBBAs) critical to business continuity and recovery. IDC’s report tracks two types of PBBAs – target-based, which provide deduplication storage for backups, and integrated, which includes the backup software, server and storage. According to the report, integrated systems is the fastest growing segment of PBBAs, growing 33.1 percent. And Symantec – soon to be Veritas – has the largest revenue gain from 1Q11 to 1Q15.
These numbers showcase why Veritas is committed to investing in and advancing integrated systems. Customers are gravitating to these appliances to gain greater insight from their data, break down storage siloes and reduce operating expenses. And, as the report shows, customers are turning to Veritas to do so.
Top 4 Vendors, Worldwide PBBA Factory Revenue, First Quarter 2015 (Revenues in $ Millions)
For the overall PBBA market, EMC maintained its top standing with 52.4 percent share, followed in second by Veritas with 18.5 percent, IBM with 5.2 percent and HP with 4.5 percent (1). More specifically, Veritas held 47.4 percent of the open systems integrated backup appliance market share in the first quarter, compared to 38.4 percent held by EMC. Veritas also grew 46 percent in the integrated market during the quarter – more than double the growth of other companies. On a rolling four-quarter basis, Veritas’ integrated market share was 40.5 percent, growing seven times faster than the largest competitor.
This is an exciting milestone for Veritas as we continue to drive the transition to integrated backup appliances by creating solutions that are scalable and flexible. Since entering the integrated PBBA market in 2010, Veritas has gained almost 50 percent of market share. Through NetBackup, Veritas provides a single product that allows customers to protect any workload across any storage – including tape, disk and cloud – and to more easily meet their desired SLAs through flexible recovery options.
We continue to build new, innovative capabilities into NetBackup in order to address broader operational challenges customers face, and we look forward to contributing further to this growing market!
(1) Source: IDC Worldwide Purpose Built Backup Appliance Quarterly Tracker, June 18, 2015.