Posts Tagged ‘Symantec’
Cloud backup vendors are racing to capture the accounts being abandoned by Symantec, as it plans to shutter its lackluster Backup Exec.cloud. Even Symantec is providing guidance on how customers can migrate away, providing a more orderly transition than other recent backup shutdowns.
Symantec will discontinue Backup Exec.cloud, the cloud-based version of its popular Backup Exec product. The end of service is another retreat in Symantec’s reorganization to become more profitable. It’s also a sign of the stiff competition in the cloud backup segment.
Symantec continues to trickle out changes to its channel program and partner engagement models, focusing on top partners, specializations and high-touch field engagements. The details, like much of Symantec 4.0, are works in progress.
Symantec reported a profit in its quarterly earnings report, most of it from enterprise systems management software. The security software company is emphasizing non-antivirus products hurt by the PC slump. Perhaps the PC decline is a good thing, forcing companies to focus on other technologies.
A huge severance bill will hit Symantec revenues, but leading areas are doing well, reports show.
The cloud backup solutions provider this week released details of the program to support its all-in-one Carbonite appliances aimed at SMBs.
While much of the buzz around backup and recovery of late has centered on hosted and cloud-based services, sales of the lowly but functional on-prem backup appliance continue to outpace the market.
The painful realignment continues at underperforming Symantec with reports this week of a significant round of layoffs that could see as many as 1,700 Big Yellow employees seeing red over pink slips.
The Ponemon and Symantec study includes three top ways to mitigate the costs associated with a data breach that read like ready-made marketing collateral for any security service provider.
A Gartner report finds security software spending increased 7.9 percent in 2012, buoying the fortunes of Symantec, McAfee and other vendors. SMBs, in particular, contributed to this growth and reflect the strength of the channel.