Will Symantec’s focus on Information management yield results?
Key reasons that led to Symantec's breakup (Part 4 of 9)
Information management provides hope for Symantec’s revenue growth
In its 2Q15 earnings results, Symantec Corporation (SYMC) reported revenue and earnings per share (or EPS) of $1.617 billion and 48 cents per share, respectively. Revenues earned in 2Q15 declined 1% on a year-over- year basis. The company failed to cheer up its investors and shareholders on top-line growth. However, its margins saw a healthy expansion. Revenues of both the operating segments, Consumer Security software segment and Enterprise Security software sales, declined 6% and -1%, to $485 million and $511 million, respectively in 2Q15. It’s Symantec’s third operating segment, Information Management software, that registered a modest 3% growth to $621 million in 2Q15.
NetBackup appliance boosts information management revenue growth
Symantec’s Information Management division posted decent revenue growth due to strong demand for its NetBackup appliance product. As discussed in the earlier part of this series, 45% year-over-year growth in its NetBackup appliance led to the 22% expansion in Symantec’s revenues in the PBBA (or purpose-built backup appliance) market on a year-over-year basis. And this happened when the industry grew only 6.8%, as reported by Gartner.
With the launch of the NetBackup 5300 series, Symantec’s NetBackup Integrated Appliance family now consists of these two series: NetBackup 5300 series and NetBackup 5200 series. See the chart below for an overview of the NetBackup family. The NetBackup 5330 appliance is claimed to deliver twice the capacity at 229 terabytes and four times the recovery performance of its predecessors.
NetBackup integrates with diverse environments to ensure consistent backups
NetBackup supports a vast array of environments, operating systems, and virtual systems. It integrates with various operating systems such as Microsoft (MSFT) Windows and Linux. NetBackup integrates a plethora of relational databases, including IBM (IBM) DB2, Informix, Lotus Domino, Microsoft Active Directory, Microsoft Exchange Server, Microsoft Office SharePoint Server, Microsoft SQL Server, Oracle (ORCL), SAP (SAP) HANA, SAP R/3, and SAP Sybase. This helps preserve transactional consistency and management of log truncation during backup, messaging, application, and big data platforms. Log truncation frees space in the logical log to be reused by the transaction log.
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