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Stock impact report

CoreLogic rides property boom into the cloud, declares death to tape by 2018

Commvault Systems, Inc. (CVLT) 
Last commvault systems, inc. earnings: 1/29 07:40 am Check Earnings Report
US:NASDAQ Investor Relations: ir.commvault.com
Company Research Source: PR Newswire
SYDNEY, Feb. 28, 2017 /PRNewswire/ -- Commvault (NASDAQ: CVLT), a global leader in enterprise backup, recovery, archive and the cloud, today announced it is supporting Australia's biggest property data provider to become free from tape backups by 2018 while transforming its customer's digital business model into the cloud. Formerly RP Data, CoreLogic is the leading property and data analytics provider in Australia and New Zealand with 11,000 customers and 120,000 end users. Over the course of Australia's property boom, CoreLogic urgently needed a transformation to effectively manage 600 data sources and a petabyte of data produced by customers each day, which threatened its 40-year-old data infrastructure. "Data is our lifeblood. Without our data – and strategies to protect it – we fundamentally have no business and are unable to provide the accurate insights our customers expect," says Adrian Jansz, head of ICT for CoreLogic. "Since the property boom, our data Show less Read more
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