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Utility Computing now a reality thanks to VERITAS Software

  • 13 October, 2004 15:33

<p>For Immediate Release</p>
<p>Utility Computing now a reality thanks to VERITAS Software</p>
<p>Following recent acquisitions VERITAS Software has the software building blocks to enable utility computing. Now.</p>
<p>Sydney, 13 October 2004 – A Following the successful ratification of a series of strategic acquisitions, VERITAS Software today announced it has a comprehensive suite of products, tools and services required to make utility computing a reality.</p>
<p>“Twelve months ago the concept of utility computing was just that; a concept,” Bruce Lakin, Managing Director for VERITAS Software Australia and New Zealand said. “We have taken that concept and turned it into reality with the software building blocks that can deliver on the three fundamental areas of utility computing – availability, performance and automation.”</p>
<p>Utility computing is the first computing model for that allows IT to align application service levels with business unit requirements and provide complete cost transparency. VERITAS Software brings about the reality of utility computing by providing fundamental yet essential tools to facilitate the availability of data and the performance of applications – while, at the same time – drive down cost through improved hardware utilisation and automation.</p>
<p>“For too long, IT managers have dealt with negative business perceptions that IT services are too slow and inflexible to support a fast-moving and changing environment,” Lakin said. “Today’s business world demands an IT services delivery model that is completely standardized, automated and secure – where usage costs are transparent across departments, individuals, and the organisation’s applications.</p>
<p>“While the industry has considered this concept of utility computing to be little more than a pipe-dream, we’ve now changed all that.”</p>
<p>Acquisition strategy
VERITAS Software’s vision to assist companies in the transition to utility computing has resulted, in part, due to a well executed acquisition strategy. Announced in August this year was the acquisition of the world’s leading* email archiving specialist, KVault Software (KVS).</p>
<p>The move extended VERITAS Software’s storage software offerings with industry-leading products to store, manage, backup and archive corporate e-mail and data, enabling organisations to quickly address regulatory compliance while driving down storage management costs.</p>
<p>Similarly, VERITAS completed its acquisition of IT process automation developer Invio Software in July, offering VERITAS customers a tool for standardising and automating IT service delivery in areas such as storage provisioning, server provisioning and data protection.</p>
<p>“IT departments are spending too much time and money simply enabling their businesses when they could be differentiating their businesses to better serve their customers,” Lakin said. “VERITAS can now enable IT departments to drive down operational costs while delivering improved performance and availability on a low-cost shared infrastructure.”</p>
<p>VERITAS Software’s utility computing strategy addresses the fundamental areas critical to IT management. Simply put, to ensure that applications are performing at the highest levels and meeting the needs of customers worldwide for unprecedented levels of data availability.</p>
<p>Under its utility computing strategy, VERITAS has the toolsets required to automate processes across servers, storage and applications in heterogeneous IT environments, ensuring organisations have the flexibility to create the IT environment that best meets the needs – now and in the future.</p>
<p>“Ultimately, the role of IT must evolve from that of a cost centre to a value centre that brings all the benefits of utility computing to the business,” Lakin said.</p>
<p>To utility computing and beyond
According Lakin the move to utility computing will not happen overnight. Instead organisations are looking at the storage infrastructure as a logical starting point for their utility computing strategy. VERITAS, with market leadership in storage software, provides an ideal foundation.</p>
<p>Building on that foundation, VERITAS has launched CommandCentral™ Storage 4.0 allowing administrators to discover storage assets, set up policies for management and report on usage. Information gathered within CommandCentral Storage is managed by CommandCentral Service, providing IT management a business view of the storage infrastructure across the enterprise. This enables effective management of storage to pre-determined service levels and calculation of cost by user, department or application.</p>
<p>Managing storage to a service level is an important step on the road to utility computing, but it's not the end of the story. If data is available but servers and applications are not then business stops. VERITAS today introduced CommandCentral Availability 4.0 allowing administrators to centrally manage availability of business applications.</p>
<p>With key technology acquired from Ejasent in January this year, VERITAS MicroMeasure™ software enables usage-based metering, cost allocation and charge-back billing of all physical and logical data centre assets, including application transactions and offers visibility into the entire IT ecosystem.</p>
<p>About VERITAS Software
VERITAS Software, one of the 10 largest software companies in the world, is a leading provider of software to enable utility computing. In a utility computing model, IT resources are aligned with business needs and business applications are delivered with optimal performance and availability on top of shared computing infrastructure, minimizing hardware and labor costs. With 2003 revenues of $1.75 billion, VERITAS delivers products for data protection, storage and server management, high availability and application performance management that are used by 99 percent of the Fortune 500. More information about VERITAS Software can be found at</p>
<p># # #</p>
<p>Press Contacts:
Narelle Wilson, General Manager Marketing, Australia and New Zealand, VERITAS Software
(61 2) 8220 7000,</p>
<p>Fiona Martin, Account Director, Max Australia
(61 2) 9954 3492,</p>
<p>This press release may include estimates and forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934. These forward-looking statements involve a number of risks and uncertainties, including the risk that we will not gain market acceptance of our products and services, the risk that we will not be able to maintain the quality of our end-user customer and partnering relationships, and the risk that we will not manage our business effectively, that could cause the actual results we achieve to differ materially from such forward-looking statements. For more information regarding potential risks, see the "Factors That May Affect Future Results" section of our most recent report on Form 10-K on file with the SEC. We undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date hereof.</p>
<p>Copyright © 2003 VERITAS Software Corporation. All rights reserved. VERITAS, the VERITAS Logo and all other VERITAS product names and slogans are trademarks or registered trademarks of VERITAS Software Corporation. VERITAS and the VERITAS Logo Reg. U.S. Pat. &amp; Tm. Off. Other product names and/or slogans mentioned herein may be trademarks or registered trademarks of their respective companies.</p>
<p>Sponsors and exhibitors at VERITAS VISION ANZ 2004 include:</p>
<p>NetApp; Sun Microsystems; Telstra; Dell; Hitachi Data Systems; Emerson; Microsoft; ZDNet Australia; Cisco Systems; Dimension Data; Enstor; Peribit; Princeton Softech; Quantum; SecureData Group; StorageTek; XSI Data Solutions.</p>

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