Cyber resilience and ransomware recovery demand

“These results reinforce that Commvault’s products and services are in more demand than ever, especially as companies grapple with how to keep their data secure, compliant, and resilient in a world increasingly under threat of cyber-attacks.”

“We're really starting to see that cyber is changing the way that people are buying.”

“For two years now, we've discussed how the volume, intensity, and sophistication of cyber-attacks would require a radically different approach to cyber resiliency. Gone are the days when perimeter security alone would suffice.”

“And what the CrowdStrike incident really brought to the fore wasn't so much of a direct line to us and what we do outside of our secure cloud capabilities. Air Gap Protect would have been invaluable in this case, as customers would have had an offsite secure copy.”

“So, the conversation around resilience is categorically resonating and making a difference.”

“Our Commvault Cloud platform continues to accelerate our growth as more companies turn to us for industry-leading cyber resilience. We're rapidly becoming an integral part of the security conversation.”

“In Q1, we had more conversations with CISOs and CIOs than ever before, which contributed to our rapid results and set the stage for continued momentum through the fiscal year.”

“According to our recent Cyber Resilience readiness report, 83% of organizations have experienced a material security breach, with over 50% occurring in the past year alone.”

“Given our initial momentum to start fiscal year '25, our updated fiscal year '25 outlook, the current cyber market tailwinds, and our execution momentum in the field, we remain confident that we can deliver on our fiscal '26 ARR aspirations of total ARR of $1 billion, with subscription ARR representing 90% of total ARR, including an accelerating SaaS contribution ranging from $310 million to $330 million.”

“At a time when cyber resilience and data security could not be more top of mind for CSOs and IT leaders, we saw a strong uptick in transaction volume, impressive growth in our land-and-expand business, and an acceleration in our organic growth rate.”

“Today, customers face unrelenting cyber attacks, a shifting regulatory landscape, and the exponential growth of data from top native and AI-generated applications. To deal with this, enterprises need a unified resilience platform that spans their hybrid, multi-cloud environment.”

“First, cyber resilience has shaped the addressable market opportunity and the emergence of new use cases has increased the size and accelerated the growth potential of the market.”

“In closing, it’s no longer enough to just recover your data. Today, it’s all about enabling continuous business for our customers, from how they prepare for the inevitable disruption to how quickly they get their business up and running following an attack.”

“Ransomware attacks, cyber attacks are not going down - they’re actually increasing, and what we’re doing is continuing to build out our platform, Commvault Cloud, that enables customers in a hybrid multi-cloud world to be able to protect any workload anywhere and recover it in a very predictable way.”

“Our innovation in the platform is definitely a tailwind, a driver of the growth we’re seeing. We’re solving a really hard problem for our customers.”

“We have been very clear that our focus is on resilience, which means helping customers recover their businesses and maintain their capabilities and connections. We achieve this in a scalable manner within a hybrid multi-cloud environment.”

“First, the cyber resilience market has never been more dynamic or full of promise. We are uniquely positioned to capitalize on this.”

“The momentum in the cyber resilience market remains strong. Our brand message continues to gain traction. Customer demand is increasing, and our team is effectively leveraging a record number of opportunities.”

“First, the cyber resilience market is booming. As CIOs and CISOs alike strive to keep their businesses operating continuously in a world of relentless threats and attacks, Commvault is front and center in this market, and we continue to see healthy growth in our engagement with CISOs.”

“Commvault's offerings uniquely fill the preparedness gap that security and IT teams are so concerned about today. CISOs can enhance resilience by proactively assessing risks, scenario planning, and running simulations as part of our platform.”

“The bottom line, we have an industry-leading cyber resilience platform, an aggressive AI-minded innovation roadmap, and the proven execution customers rely on to keep their businesses uninterrupted.”

“Traditional data protection approaches don't cut it. Customers need a platform that makes them ready to withstand the worst to keep their business continuous. We do this better than anyone else.”

“I don't think so, Jason. I think we haven't seen a slowdown in cyber attacks or new threat vectors and/or the scale at which this is happening. So there's a lot of work to do.”

“To summarize, our first half results are evidence of strong market demand that we believe will continue throughout the year. Thanks to our leadership in innovation, our growth-focused investments, and strong execution, we are well-positioned to continue taking share of the expanding Cyber Resilience market.”

“New attack vectors are constantly emerging. And with AI, data is more distributed and is being used in new ways which introduce more threat vectors for organizations to grapple with. The need for best-in-class detection, protection and recovery is paramount.”

“Second, we are winning against the competition because of our highly differentiated and unique architecture. This is why our customers can rapidly recover from cyberattacks at scale.”

“The quarter was highlighted by continued prioritization of cyber resilience among our customers, momentum in large deals, and notable improvement in profitability.”

“We remain confident about the demand for our differentiated offerings and the powerful secular cyber resilience trends fueling our growth.”

“Rubrik is winning in the cyber resilience market. As more organizations realize that cyber-attacks and breaches are inevitable, cyber resilience is becoming the number one topic in cybersecurity.”

“First, cyber resilience is where the cybersecurity market is going, and we are a leader in cyber resilience.”

“Notwithstanding the broader macro environment, our team continues to execute very well and take advantage of the market opportunity, which is reflected in our results.”

“We remain confident about the strength of the cyber resilience market and demand for our differentiated offerings.”

“What was abundantly clear is that IT and security leaders now have an assumed breach mindset. Simply meaning they are certain that cyber attacks are inevitable despite significant investments they have made in cyber prevention and detection.”

“Predicting budget behaviors is uncertain, but I hope for a robust second half. Cybersecurity remains a high investment area irrespective of tighter IT budgets.”

“The need for security remains immense despite any specific event. Cybersecurity threats continue to escalate.”

“Cybersecurity remains one of the healthiest sectors.”

“First, the threat environment is accelerating, not simplifying. AI is enabling attackers to move faster, at greater scale, and with more sophistication than ever before.”

“The security operations market is defined by three characteristics that make it structurally resilient and, in many ways, a direct beneficiary of the AI transformation happening across the enterprise.”