Commvault announces acquisition of Appranix, boosting and accelerating cyber resilience for enterprises globally
Commvault, announced the acquisition of Appranix, a cloud cyber resilience company. Commvault is making this acquisition to help enterprises get up and running even faster after an outage or cyberattack.
According to Statista, the average downtime after a ransomware attack is 24 days. Commvault is helping customers reduce downtime by recovering data rapidly via automation and next-generation cleanroom offerings. However fast data recovery is only part of the equation.
Some dependencies are necessary to rebuild critical cloud applications, the data those applications rely on, and the cloud infrastructure that runs it all. Dependencies include networking, DNS configuration, application load balancing, security group access, and much more. Appranix automates all of this and can reduce the time it takes to rebuild from days or weeks to, in some cases, hours or minutes.
“We are taking resilience to the next level by marrying Commvault’s extensive risk, readiness, and recovery capabilities with Appranix’s next-generation cloud-native rebuild capabilities,” said Sanjay Mirchandani, President & CEO, Commvault. “We are delighted to welcome Appranix to the Commvault family.”
“Joining the Commvault family is a thrilling and natural next step for Appranix as we jointly change the market,” said Govind Rangasamy, Appranix Founder and CEO. “We share a common vision to go beyond traditional backups and disaster recovery. Our combined technologies will offer comprehensive, unmatched resilience capabilities for businesses globally.”
“Complete cyber resilience is an aspirational goal for most enterprise customers. This acquisition makes cyber resilience-at-speed a reality by extending automated rebuild capabilities to distributed and dynamic cloud applications,” said Archana Venkatraman, Research Director, Cloud Ops and Cloud Data Management, IDC.
