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VERITAS Proclaims IT Matters; Celebrates 15 Years of Innovation and Affirms Vision for Utility Computing

  • 16 September, 2004 13:14

<p>For Immediate Release</p>
<p>VERITAS Proclaims IT Matters; Celebrates 15 Years of Innovation and Affirms Vision for Utility Computing</p>
<p>A pioneer in software innovation; company highlights key contributions to customer success</p>
<p>MOUNTAIN VIEW, Calif. – September 16, 2004 – VERITAS Software Corporation (Nasdaq: VRTS) today celebrated its 15-year anniversary and reflected on its rich history of innovation by recognizing key innovators, their accomplishments and how they’re thinking about the future and enabling utility computing. Key to the company’s proven track record of innovation are its contributions to developing the industry’s first robust volume manager and file system, delivering industry leading back-up and data protection software and protecting customers from disaster with high availability software. The common thread woven throughout the company’s history is an uncanny ability to put the problems of customers first before developing and delivering software solutions to keep today’s data centers up and running. With a reputation for delivering innovative software and engineering excellence VERITAS is well positioned to move customers toward the next paradigm in computing, utility computing.</p>
<p>“Computing has been through absolutely phenomenal change in the past 15 years, going from the mainframe to client/server to internet-based systems and growing ever more complex at each step. IT has found it increasingly difficult to manage this complexity and deliver value to the business,” said Gary Bloom, chairman, president and CEO, VERITAS Software. “Looking forward to the next 15 years, VERITAS is going to continue to eliminate complexity from IT, helping customers become more efficient by driving up utilization of their hardware, and driving down their labor costs.”</p>
<p>Humble Beginnings
VERITAS Software Corporation emerged from Tolerant Software, Inc. in 1989, which emerged from Tolerant Transaction Systems, Inc., a fault tolerant computing systems company first established in 1982. In 1988 pioneer and co-founder Dale Shipley formed a small software organization called Tolerant Software to pursue engineering excellence in developing software intended to ensure the availability of computing systems and the mission critical applications that run across them. From its modest beginnings and tiny staff of talented engineers the company quickly developed an aptitude for listening to customers and responding with innovative software-based solutions to their problems. Today, VERITAS Software is a leading independent provider of software that enables utility computing employing more than 7,100 people and conducting business in more than 40 countries around the world.</p>
<p>“From the beginning in 1989 when we formed VERITAS Software the cornerstone of our success centered upon convincing and securing the support of AT&amp;T UNIX System Laboratories, Inc. to trust us to extract the valuable code from the Tolerant Systems high availability operating system and develop and deliver the industry’s first robust UNIX System V transaction-based volume manager and file system thereby contributing the early success of AT&amp;T and Sun Microsystems in the promising UNIX marketplace,” said Dale Shipley, VERITAS co-founder. “It was this calculated risk that opened the door to the broad horizontal adoption of VERITAS software by the myriad UNIX systems vendors and paved the path toward the company’s leadership in storage management and data protection. The company’s initial value proposition still holds true today, a company’s most valuable IT assets are not the hardware systems, but rather the data that resides on and runs across them and the protection and availability of that data is paramount.”</p>
<p>Quality, Risk and Persistence: Volume Manager and File System Emerge
From the beginning, the engineers were thinking about innovative ways to dramatically improve the availability of computing operating systems first through solving simple problems and then by taking on more complex approaches. In 1989 if an IT manager wanted to make changes to the file system of their UNIX computing environment it meant bringing the system down to make changes and then bringing it back up with the hope that the changes would not disrupt availability further. The fledging company’s strategy initially centered on three key priorities: first, eliminate system downtime, second simplify overly complex tasks and develop a graphical user interface (GUI) to visualize storage management and administrative tasks and third adopt a maniacal focus toward enhancing the performance of systems. The company had a steep hill to climb in convincing dozens of leading computing system vendors that VERITAS could build, deliver and support a higher quality file system than they could themselves at a lower cost and with greater performance capabilities. At the time customers were stuck with the file system that shipped with their system vendor’s operating system and that meant lots of time invested in managing and administering disparate computing systems. VERITAS took a calculated risk that customers would respond favorably to systems that could be managed, changed and administered without disruption. The risk paid off handsomely with the emergence of VERITAS Volume Manager in 1990 and VERITAS File System in 1991, two of the company’s flagship products that can be found at the heart of nearly 70 percent of the world’s data centers today.</p>
<p>“One of the things that distinguishes VERITAS with customers is that we take a business approach to innovation versus an engineering approach,” said John Colgrove, VERITAS Fellow and 15-year veteran, VERITAS. “If you listen to customer’s problems and what they’re trying to do and you listen to their goals you get ideas for how you can go and create solutions to solve them. This remains our long term approach and we’re working on some very interesting things for customers that will really deliver huge value when they choose our software.”</p>
<p>Data Protection Mastered
VERITAS is the de-facto industry standard for data backup and data protection offering software to meet the needs of the world’s smallest businesses and largest enterprises. Continually innovating and bringing new functionality to data protection, VERITAS merged with OpenVision in 1997 and delivered its first release of VERITAS NetBackup™ software to customers. From the beginning the engineers were set on delivering the most innovative data protection software that delivered the highest performance with the least impact to end-users. NetBackup software supports every leading operating system and was the first to market with support for Linux in 1999. Today, VERITAS NetBackup software is the industry’s No. 1 backup and recovery software and enables IT organizations to reduce administration and hardware costs by taking advantage of advanced enterprise features, such as synthetics, disk-based protection, automated disaster recovery and desktop and laptop protection.</p>
<p>The second key data protection milestone came in 1999 when VERITAS acquired Seagate Software’s Network and Storage Management Group and the industry’s leading Microsoft Windows backup software for small to mid-sized businesses, VERITAS Backup Exec™. Fast, easy to manage and simple to install in 10 minutes or less, Backup Exec software ensures the protection of data across Windows environments. Today, Backup Exec software serves the data protection needs of more than one million customers around the world.</p>
<p>A Pioneer in Disaster Recovery
VERITAS has long been a pioneer in developing and delivering innovative clustering and disaster recovery software. From the time that VERITAS acquired Tidal Wave and its first high availability product First Watch in 1995, a rudimentary two node single application failover SCSI-based solution, its lead engineers were already thinking about developing advanced clustering solutions that could scale to 8, 16 or 32 nodes and ensure the availability of multiple applications running across Storage Area Networks (SANs) with wide area network failover and disaster recovery. In 1998 VERITAS delivered its first release of VERITAS Cluster Server bringing advanced clustering capabilities to every major operating system from Sun Solaris to Microsoft Windows to Red Hat Linux along with integration with VERITAS Cluster File System and VERITAS Cluster Volume Manager to ensure the availability and manageability of dozens of applications running across increasingly sophisticated and scaleable IT environments.</p>
<p>“When it comes to your disaster recovery plan, you only get one chance to get it right because you can’t ask a hurricane or an earthquake or a power outage to come back tomorrow,” said Jason Bloomstein, staff software engineer and seven year veteran, VERITAS. “If your plan doesn’t work, all of the IT infrastructure that you’ve invested in and deployed goes to waste, but if you have the ability to test disaster recovery scenarios on a day-to-day basis without bringing your production environment down then suddenly you can maximize those IT investments and get a good return on those investments for your company.”</p>
<p>The Journey to Utility Computing Commences
As customers make the trek toward utility computing VERITAS is innovating constantly to bring increasingly sophisticated software to market. The latest offerings enable IT managers to shift from reactive problem resolution to proactive availability and failover testing to address problems with storage, servers and applications before they impact the business. By combining VERITAS Cluster Server with VERITAS i3™, VERITAS OpForce™ and VERITAS UpScale™ software (scheduled for release in 2005), IT managers will quickly realize the tremendous cost savings and return on investment of automating their IT infrastructure. In an automated environment, if an application’s performance deteriorates to an unacceptable level VERITAS i3 software is designed to alert IT managers before the problem impacts end-users and provide insight into how to best solve the problem. If the problem stems from insufficient processing power, VERITAS OpForce software can automatically provision additional servers and in 2005 VERITAS UpScale software, an acquired Ejasent technology, can migrate the applications along to the new cluster in their current state ensuring that end-users remain highly productive. Add to that the VERITAS Cluster File System and VERITAS Cluster Volume Manager along with the bullet-proof reliability of VERITAS NetBackup software and IT managers are well on their way toward aligning IT tightly with the changing needs of the business and realizing the promise of utility computing.</p>
<p>“Utility computing is much like the box filled with wooden building blocks at your child’s school; one day the children share the blocks to build a castle and a space station and the next day they use the same blocks to build whatever their imaginations come up with,” said Oleg Kiselev, technical director and 14-year veteran, VERITAS. “Now apply that analogy to a box full of IT building blocks-- storage, servers, switches and software. With VERITAS software IT can provision those resources when they’re needed, where they’re needed, as they’re needed and when they are no longer needed they can place them back in a resource pool or put them back in the box. Add to this the ability to automatically specify and maintain agreed upon application service and availability levels and provide fine-grain usage accounting and you have a powerful set of building blocks. In a nutshell our approach is to deliver the software building blocks that enable utility computing.”</p>
<p>About VERITAS Software
VERITAS Software, one of the 10 largest software companies in the world, is a leading provider of software to enable utility computing. In a utility computing model, IT resources are aligned with business needs, and business applications are delivered with optimal performance and availability on top of shared computing infrastructure, minimizing hardware and labor costs. With 2003 revenues of $1.75 billion, VERITAS delivers products for data protection, storage &amp; server management, high availability and application performance management that are used by 99 percent of the Fortune 500. More information about VERITAS Software can be found at www.veritas.com.</p>
<p># # #</p>
<p>Press Contacts:</p>
<p>Fiona Martin, Account Director, Max Australia
(61 2) 9954 3492, fiona.martin@maxaustralia.com.au</p>
<p>Copyright © 2004 VERITAS Software Corporation. All rights reserved. VERITAS, the VERITAS Logo, Backup Exec, i3, NetBackup, OpForce, and UpScale are trademarks or registered trademarks of VERITAS Software Corporation or its affiliates in the U.S. and other countries. Other names may be trademarks of their respective companies.</p>

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