CoreLogic rides property boom into the cloud, declares death to tape by 2018

SYDNEY, Feb. 28, 2017 /PRNewswire/ -- Commvault (NASDAQ: CVLT), a global leader in enterprise backup, recovery, archive and the cloud, today announced it is supporting Australia's biggest property data provider to become free from tape backups by 2018 while transforming its customer's digital business model into the cloud.

Formerly RP Data, CoreLogic is the leading property and data analytics provider in Australia and New Zealand with 11,000 customers and 120,000 end users. Over the course of Australia's property boom, CoreLogic urgently needed a transformation to effectively manage 600 data sources and a petabyte of data produced by customers each day, which threatened its 40-year-old data infrastructure.

"Data is our lifeblood. Without our data – and strategies to protect it – we fundamentally have no business and are unable to provide the accurate insights our customers expect," says Adrian Jansz, head of ICT for CoreLogic. "Since the property boom, our data has grown exponentially every year. As a result, we knew we had to come up with effective ways to back up data and re-use it – something that had become both critical and difficult."

CoreLogic turned to Commvault to help in its business model transformation, cut innovation cycle times, and deliver actionable business insights to customers through new products and services. Leveraging Commvault Software, CoreLogic is on track to be free from tape backups globally by 2018, and will use its cloud services to cost-effectively speed the release of new products and innovations.

Partnering with Queensland–based Venn IT Solutions, the CoreLogic disaster recovery strategy will be provided as a service on Commvault's data platform, releasing resources into higher-value areas of its customer's business and accelerate the shift from rigid tape backups to more agile processes.

"We no longer require tape or offsite storage. It's not just our servers and platforms, but also our desktops and laptops being backed-up to cloud," says Jansz. "Our backup engineers are highly skilled, as a result we were fortunate to leverage and re-skill them to gained greater velocity through product releases and improved IT security. Our backup strategy is critical to our business, as it allows us to focus on other areas that provide more value for customers."

By shifting to the cloud and digital business models, CoreLogic will cut its innovation cycle time to capitalise on opportunities in Australia's expanding property market and provide customers with superior experiences. 

"Commvault prides itself on helping organisations accelerate their business transformation while protecting their precious intellectual property," says Dan Kieran, vice president and managing director for Australia and New Zealand, Commvault. "While there are a range of solutions in the market to help manage and back up data, our software provides a converged solution that takes customers all the way from data protection to accessing backed up data at a granular level, to peer inside of it and activate its value even while it's at rest. This delivers huge productivity gains, and makes customers more agile and better able to anticipate hyper-fast market conditions."

About Commvault
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 2,700 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.

About CoreLogic
CoreLogic Australia is a wholly owned subsidiary of CoreLogic (NYSE: CLGX), which is the largest property data and analytics company in the world. CoreLogic provides property information, analytics and services across Australia, New Zealand and Asia, and recently expanded its service offering through the purchase of project activity and building cost information provider Cordell. With Australia's most comprehensive property databases, the company's combined data offering is derived from public, contributory and proprietary sources and includes over 500 million decision points spanning over three decades of collection, providing detailed coverage of property and other encumbrances such as tenancy, location, hazard risk and related performance information.

With over 20,000 customers and 150,000 end users, CoreLogic is the leading provider of property data, analytics and related services to consumers, investors, real estate, mortgage, finance, banking, building services, insurance, developers, wealth management and government. CoreLogic delivers value to clients through unique data, analytics, workflow technology, advisory and geo spatial services. Clients rely on CoreLogic to help identify and manage growth opportunities, improve performance and mitigate risk. CoreLogic employs over 650 people across Australia and in New Zealand. For more information call 1300 734 318 or visit www.corelogic.com.au

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Customers' results may differ materially from those stated herein; Commvault does not guarantee that all customers can achieve benefits similar to those stated above. This press release may contain forward-looking statements, including statements regarding financial projections, which are subject to risks and uncertainties, such as competitive factors, difficulties and delays inherent in the development, manufacturing, marketing and sale of software products and related services, general economic conditions and others. Statements regarding Commvault's beliefs, plans, expectations or intentions regarding the future are forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from anticipated results. Commvault does not undertake to update its forward-looking statements. The development and timing of any product release as well as any of its features or functionality remain at our sole discretion.

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SOURCE Commvault

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