STC SIGNS AGREEMENT WITH COMMVAULT AT GITEX TO DELIVER NEW CLOUD SERVICES TO KINGDOM OF SAUDI ARABIA
New Delhi INDIA, Tinton Falls N.J, Riyadh KSA, GITEX – Dubai UAE – October 18, 2016 – Commvault (NASDAQ: CVLT), a global leader in enterprise backup, recovery, archive and the cloud, today announced an agreement with Saudi Telecom Company (STC), to deliver a Backup-as-a-Service solution, utilizing the STC cloud environment. A memorandum of understanding (MoU) agreement, was signed today at GITEX, to collaborate on the new cloud solutions targeting public sector and enterprises in the Kingdom of Saudi Arabia.
GITEX is one of the largest technology events in the world, with more than 140,000 attendees from across the globe. Taking place in Dubai in United Arab Emirates, the event is the biggest gathering of technology organizations, influencers and professionals in the region.
STC is a leading service provider within the Kingdom of Saudi Arabia, with more than 32 million customers in that market. STC has a long history of industry leadership in embracing the latest technology for innovative services. This solution continues this tradition, helping customers to realize the true value of their data, while minimizing complexity and cost.
“The Kingdom of Saudi Arabia is witnessing tremendous growth, with huge potential for cloud adoption and backup as a service implementations. Through this cooperation with Commvault, we will be able to offer the best data management solutions available in the market to our customers,” said Dr. Tarig M. Enaya, Senior Vice President of STC Enterprise Business Unit
Commvault is recognized as an industry leader by STC and was named a leader – for the sixth straight year – in the Gartner Magic Quadrant for Data Center Backup and Recovery Software. This year, Commvault was ranked furthest on the “completeness of vision” and highest on the “ability to execute.”
“This agreement, with an internationally recognized solutions leader like STC, represents a huge milestone for Commvault. We see big opportunities for better data management as-a-service for hybrid, public and private cloud environments across the region, and we believe that agreements like this will help further promote the implementation of these secure and effective solutions,” said Bassam Hemdan, Area Vice President, Commvault Middle East, South Africa and Turkey.
With their headquarters in Riyadh, Saudi Telecom Group is the largest in the Middle East and North Africa based on its market value as it generated over 50,836,000,000 billion riyals (13,556,000,000 dollars) in realizable revenue in 2015 and 9,334,000,000 billion riyals (2,489,000,000 dollars) as net income.
STC was established in 1998 and currently counts about 100,000,000 customers worldwide and to which they provide high-technology knowledge-based innovative solutions. It focuses on providing services to customers through a fiber-optic network that spans 137,000 kilometers across Asia, the Middle East and Europe.
In Saudi Arabia (the group’s main operation site) STC operates the largest modern mobile network in the Middle East as it covers more than 99% of the country’s populated areas in addition to providing 4G mobile broadband to more than 85% of the population across the Kingdom of Saudi Arabia.
Besides its main operation in Saudi Arabia, which it owns 100% of, STC’s investments include 100% ownership in Viva Bahrain, 51.8% shares in Viva Kuwait along with a management contract, 35% shares in Oger Telecom Limited in UAE and which controls Turk Telecom, Avea in Turkey, Cell-C in South Africa, 25% shares in Binariang GSM Holding in Malaysia which controls both Maxis in Malaysia and Aircel in India. In addition to the above-mentioned, STC has investments in information technology, content, distribution, contact centers and real estate, all of which support its telecom operations across the Middle East.
About the Commvault Data Platform and Solutions Portfolio
The eleventh version of Commvault solutions portfolio is uniquely positioned to help customers activate their data by accelerating the transformation from legacy data management to a modern data environment to unlock critical business insight and drive new value from customers’ technology investments. The Commvault solutions portfolio is comprised of an industry-leading product offering in the areas of data protection and recovery, cloud, virtualization, archive, and file sync and share that addresses evolving market trends, growth areas, and customer use cases. The Commvault Data Platform is open and standards-based, helping customers better leverage data, improve IT operations, and enabling 3rd party innovation.
Commvault is a leading provider of data protection and information management solutions, helping companies worldwide activate their data to drive more value and business insight and to transform modern data environments. With solutions and services delivered directly and through a worldwide network of partners and service providers, Commvault solutions comprise one of the industry’s leading portfolios in data protection and recovery, cloud, virtualization, archive, file sync and share. Commvault has earned accolades from customers and third party influencers for its technology vision, innovation, and execution as an independent and trusted expert. Without the distraction of a hardware business or other business agenda, Commvault’s sole focus on data management has led to adoption by companies of all sizes, in all industries, and for solutions deployed on premise, across mobile platforms, to and from the cloud, and provided as-a-service. Commvault employs more than 2,000 highly skilled individuals across markets worldwide, is publicly traded on NASDAQ (CVLT), and is headquartered in Tinton Falls, New Jersey in the United States. To learn more about Commvault – and how it can help make your data work for you – visit commvault.com.
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