Cohesity’s Murthy expressed confidence that the company can increase its market influence after its merger, citing the belief that customers are looking for data protection solutions that go beyond simple backups and have security response capabilities. To address this, Cohesity is enhancing Veritas’ existing backup solution, NetBackup, while expanding and applying capabilities such as AI, security, and integrated control to the Cohesity platform.
Lee Sang-hoon, CEO of Cohesity Korea, explained, “Existing backup solutions worked by increasing the performance of a single device by adding computing power or disks, but with the rapid increase in data growth and cyber threats such as ransomware, flexible scalability and fast recovery capabilities are now emerging as key requirements for backup solutions.”
In the same vein, Murthy said, “When a cyberattack occurs, many CEOs first ask how long it will take to recover.” He added: “There are more and more situations in companies where CIOs and CISOs need to work together to devise response measures, and Cohesity technology will be effective in solving these problems.”