CommVault Systems Sees Cyber Resilience, SaaS Growth Powering Next Expansion
CommVault Systems (NASDAQ: CVLT) said the data protection market has shifted from traditional backup and recovery toward cyber resilience, a trend CFO Gary Merrill said has accelerated over the past three years. The company sees cyber resilience and SaaS growth as powering its next phase of expansion.
Why it matters — For CVLT watchers, this signals that the company is aligning its strategy around the fast-growing cyber resilience and SaaS segments, which executives view as key drivers for its upcoming expansion.