Just ahead of its integration into Symantec, Veritas focuses on the SMB with
its latest Backup Exec suite for Windows at a launch in New York
This is probably Veritas's last public event as a standalone entity. After
a $13.5 billion merger, the software industry's biggest merger ever, last
December, the world's top storage manage-ment software will become a division
of Symantec this year.
At a news conference in New York City, Veritas launched its Backup Exec 10
for Windows, focusing squarely on the small and medium businesses, and their
need to protect desktops and laptops as well as the network and its servers. The
product suite offers simplified and centralized management for Windows backup
servers through a single console. It's also biased more toward disk-based
backup, rather than tape, and aims for 'continuous data protection,' which a
senior Veritas executive descri-bed as the "holy grail of data
protection" as against periodic backup. The company also launched the
Veritas Backup Exec 10 Suite, which integrates its former Storage Replicator and
StorageCentral products.
The SMB/SMB user (defined, roughly, by Veritas as a business with under 1,000
employees) needs backup and recovery as much as the large enterprise does, but
with specific needs, such as lower costs, very simple administration, and an
urgent need to protect data on employee laptops and desk-tops. In this market,
Veritas says the predominant platform is Windows, though there is a lot of
deployment of Linux and other platforms in the large enterprise space: hence the
focus here on a Windows product. And the most critical application that needs
prote-ction: email and messaging.
The company also announ-ced the Veritas Virtual Acade-my, a new online,
on-demand education center for partners and users of its software solutions
worldwide, as well as new course offerings to help partners sell, deliver and
support the new product and suite.
When asked, inevitably, about layoffs due to the acqui-sition by Symantec,
Veritas chairman and CEO Gary Bloom described the merger to journalists from
Asia as one of "revenue synergies rather than cost cutting", because
of very low product overlap between the two companies. This is "not
something that Wall Street easily understands," Bloom added, saying that
customers, partners and all except the financial analysts had wel-comed the
merger. He said there is very little workforce duplication, hence there would be
very few layoffs, in the few hundreds (of a combined workforce of 13,000)-likely
in the "back office functions such as administration".
There is likely to be little effect on the channels, from this merger. The
two compa-nies use distinct channels: Veritas, the solutions provider route to
the enterprise, and Symantec, the software product channels. But Veritas could
gain from Symantec's larger channel reach in the consumer/SMB space.
For SMB and Windows is a market that Symantec is strong in. With the Veritas
acquisition, Symantec expands its product line, betting it will help compa-nies
cut costs by using one supplier by blending security with data management,
according to John Thompson, Chairman and CEO of Syman-tec. The merger also
expand the reach of this largely consu-mer and SMB company into the corporate
software market, giving it sales staff trained to sell to larger companies, and
a services organization that will most likely continue under Veritas' Gerg
Hughes, and will work largely through channel partners. The combined company
will have annual revenue of $5 billion. While the combined entity will be called
Symantec, Gary Bloom said that the Veritas brand will continue for the products,
just has Symantec did with the Norton anti-virus software, after that
acquisition. Bloom will become vice-chairman and president of the merged entity,
while John Thompson conti-nues as Symantec's chairman and CEO.
The writer was hosted by Veritas Corp.
Prasanto K Roy
New York