Founded in 1988, Commvault System Inc. (CVLT) is an established American software company that specializes in the management of data, ranging from data protection to data recovery, data backup, information governance, and cloud storage. Offering various software solutions and services, the company aims to address challenges that are associated with large volumes of data and vast digital environments in enterprises.
Commvault's flagship product, Commvault Complete Backup & Recovery, is an industry-leading solution that simplifies data management in cloud and on-premises environments. This product is commonly used by enterprises to safeguard, access, and use their data more effectively. Simultaneously, it works to minimize risks, reduce costs, and improve the continuity of business operations. The company's subsequent release, Commvault Activate, provides valuable insights into data for governance and business continuity purposes.
Headquartered in Tinton Falls, New Jersey, The company serves an array of clients in multiple industries, such as technology, finance, healthcare, and education. Its software is famously used by large corporations and small to medium-sized companies, reputed for its reliability and scalability.
As a publicly-traded company, Commvault Systems Inc. (CVLT) has continuously shown robust financial performance over the years, making it an attractive investment for those interested in the tech sector. In 2021 alone, the company reportedly generated over $670 million in revenue. As a testament to its consistent financial results, it has been included in the Gartner Magic Quadrant for the tenth consecutive time, reflecting its strong position in the world market.
The company’s commitment to customer service is another key factor that sets it apart. Commvault places high importance on listening to the needs of its customers, enabling it to meet and exceed their expectations continually. Its business model revolves around deploying proactive measures to resolve issues even before they become a hindrance to the client's operation.
In the realm of corporate social responsibility, Commvault Systems Inc. also shines through its commitment to diversity, inclusivity, and sustainability. The firm has established measures to minimize its environmental footprint, contribute positively to society, and uphold the highest standards of business operation, keeping with its mission statement that "a great company is first, a good citizen."
With all this, Commvault Systems Inc. continues to pave the way in data management and protection, remaining a favourite amongst enterprises seeking reliable, all-inclusive data solutions.