Commvault's Quarter 3 Results

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Our Partner, Commvault, recently wrapped up their third quarter of fiscal year 2018, and the results are in. 

The data protection company achieved record quarterly revenue of $180.4 million, an increase of 8% year-over-year, and 7% sequentially.  Software and products revenue was $81.4 million, an increase of 4% year-over-year, and 13% sequentially.  Services revenue in the quarter was $98.9 million, an increase of 12% year-over-year and 3% sequentially. 

Commvault links their impressive quarter results to partnerships, events and new service launches. 

Recent Business Highlights: 

  • Commvault held their annual customer event Commvault GO, this past November in Washington D.C., which grew significantly from the previous year. 
  • On Nov. 7, 2017, Commvault announced a new strategic partnership with Google Cloud to help enterprises leverage the range of cloud services available on one of the industry's fastest growing cloud platforms
  • On Nov. 7, 2017, Commvault launched Commvault Endpoint Data Protection as a service to simplify and streamline the backup and recovery of corporate data stored on laptops, desktops and other devices. 
  • On Oct. 25, 2017, Commvault was named a winner in the Disaster recovery/business continuity solution category at NetworkWorld Asia's 2017 Readers' Choice/Rising Star Awards. 
  • On Oct. 17, 2017, Commvault launched Commvault HyperScaleTM Appliance and Commvault HyperScaleTM Software, two powerful, cloud-ready data infrastructure offerings that provide customers with on-premises simplicity, elasticity, resiliency, flexibility and scale for managing secondary data. 

ComSource offers customers a number of solutions from Commvault, including data protection, cloud and infrastructure management and retention and compliance. 

To find out more about how Commvault and ComSource work together, click here

Data CenterAlex Lee