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NEW YORK - Commvault (NASDAQ:CVLT) on Wednesday introduced its Cloud Unity platform release, designed to centralize resilience operations across multiple cloud environments, on-premises data centers, and edge locations. The data management company, which has generated $1.09 billion in revenue over the past twelve months with impressive 81.55% gross profit margins, continues to innovate despite recent stock pressure.
The platform offers AI-enabled discovery, classification, and protection policy recommendations to help organizations scale resilience across their multi-cloud environments. According to Commvault, the solution addresses challenges faced by enterprises operating in increasingly decentralized cloud environments. While the stock has fallen nearly 27% over the past six months, InvestingPro analysis indicates the stock may be oversold, with additional financial insights available in their comprehensive Pro Research Report.
The company cited statistics showing that 86% of enterprises now operate in multi-cloud environments, while nearly half of all cloud spend is wasted due to lack of visibility.
Key features of the platform include automatic workload discovery across cloud estates, protection risk analysis for cloud resources, and customer-specific total cost of ownership analysis. The solution also provides unified protection across clouds, regions, and accounts while extending to on-premises environments.
"Simplified onboarding for every workload — powered by AI-enabled discovery and recommendations within a unified cloud experience is a true game changer," said Hamzah Mahafzah, Enterprise Architecture Director at Najm, in a statement included in the press release.
The platform is now available through both Microsoft Azure and AWS marketplaces with consumption-based pricing models.
Rajiv Kottomtharayil, Chief Product Officer at Commvault, stated: "We want to meet cloud-first and hybrid customers where they are today and will be tomorrow. That means giving enterprises the speed, precision, visibility, and confidence to protect, recover, and rebuild their data and applications anywhere in the cloud all via one simple, intelligent experience."
The announcement was made during Commvault’s SHIFT 2025 event, where the company also revealed other innovations in identity resilience and cyber recovery.
In other recent news, Commvault announced its second-quarter fiscal 2026 results, which surpassed expectations in both revenue and annual recurring revenue. The company reported record quarterly net new annualized recurring revenue of $47 million, beating the consensus estimate of $40.3 million. Organic annual recurring revenue growth accelerated to 19% year-over-year. Despite these positive results, Truist Securities lowered its price target for Commvault from $230.00 to $210.00, citing a duration headwind on term licenses, while maintaining a Buy rating. DA Davidson also maintained its Buy rating and a $220.00 price target, reflecting confidence in the company’s performance.
Commvault has also been active in enhancing its technology offerings. The company introduced new cyber recovery innovations, including enhanced Threat Scan capabilities and automated Cleanroom Recovery, as part of its Commvault Cloud Unity platform. Additionally, Commvault expanded its Identity Resilience portfolio with new features for Active Directory protection. The firm also launched the Commvault Cloud Unity platform, aiming to unify data security, cyber recovery, and identity resilience across different computing environments. These developments highlight Commvault’s ongoing efforts to address enterprise challenges related to data security and resilience.
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