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Veritas reveals new company strategy

Hafizah Osman | July 8, 2015
Information management vendor, Veritas, has revealed the new strategy it will adopt following its separation from security vendor, Symantec.

According to Meddings, these solutions present opportunities for the channel as they open up avenues for the channel to expand on their offerings and customer base.

"Traditional infrastructure-centric approaches alone no longer work. They can go to customers and talk about our new strategy and where these products can help them. When you're in the Cloud, the only way you can reduce costs is to store and manage that data," he stated.

Meddings also indicated banking verticals and medical verticals would benefit the most from these new solutions, especially from a compliance point of view.

"It will be very useful for them in dealing with the explosion of unstructured data. Getting an understanding of what that data is and their infrastructure and where they can store it will be useful." An operational separation of Veritas and Symantec is currently scheduled for October 2015, with the complete separation on track by January 2016.

"In the next few months, there will be significant changes. We'll be operating as our own standalone company and even though we'll be smaller, we'll be faster, more nimble, and innovating much more than we have been before," he added.


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