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Data Overload, Cloud Computing Benefit Backup Vendors

Source: Investor's Business Daily

Author: Donna Howell

Companies expect a continuing data deluge, yet no rainmaking for their IT budgets. So to cope and save, some are considering cloud backup and archiving.

That's a good trend for backup-software providers such as CommVault Systems (CVLT), EMC (EMC), Symantec (SYMC) and IBM (IBM).

These firms and others have been tailoring their software to work with the cloud, and courting cloud-oriented customers.

Go to Investor's Business Daily for the Complete Coverage