GEC NEWS WIRERe-launches as independent company; new leadership team focused on accelerating customer solutions in fast-growing $24b market
Veritas Technologies is all set to embark on a journey as a newly independent company. Led by new CEO Bill Coleman, Veritas is focused on solving organizations’ exponentially growing data challenges.
“We’re in a unique position as the company that manages and protects the world’s information, and I am honored to become part of the Veritas family to serve our customers and partners,” said Bill Coleman, CEO, Veritas.
The company pursues market segments that in aggregate represent a $24B market opportunity by 2018. These markets include Backup and Recovery, Integrated Appliances, Information Availability and Archiving solutions. The new Veritas leadership team brings together a strong mix of industry expertise and entrepreneurial success. Partnering with the executive team is a seasoned board led by Chairman Bill Krause, formerly President and CEO of 3Com and David Scott, former Chairman and CEO of 3Par who was until recently SVP and GM manager of the global HP storage business.
Bill Coleman brings more than 25 years of executive leadership experience to Veritas.
“IT leaders continue to face constrained IT budgets while businesses and consumers alike continue to create data unabated. Successful IT organizations must not only identify simple and cost-effective solutions to manage their company’s information but also support the use of information for their company’s competitive advantage,” said Laura DuBois, Group Vice President, Enterprise Storage, Server and Infrastructure Software, IDC. “As an established and trusted information management company, Veritas provides the critical solutions to help its customers gain that competitive advantage.”
