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Another cue why Commvault (NASDAQ: CVLT), the stock crashed in the late hours yesterday

DBGI Stock

DBGI Stock

Commvault (NASDAQ: CVLT), share plummeted -27% to $37.97 in the post-market session after a leader in managing data in virtual and physical environments, announced today enhanced capabilities for its Commvault Disaster Recovery solution. The Commvault Disaster Recovery tool now supports continuous replication with recovery automation for VMware workloads. In addition, Commvault Disaster Recovery supports orchestration between on-premises, Microsoft Azure, and Amazon Web Services (AWS).

Through a single extensible platform with an intuitive user interface, Commvault Disaster Recovery offers easy-to-use, scalable replication, and disaster recovery automation. Automation enables reliable continuous data replication with fully automated disaster recovery capabilities, providing both sub-minute Recovery Point Objectives (RPOs) and near-zero Recovery Time Objectives (RTOs).

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Commvault now offers disaster recovery automation for Microsoft Azure and Amazon Web Services within zones or across regions, as well as support for simple cross-cloud migrations. Today, many clouds are supported by Commvault, making it possible to meet a customer’s disaster recovery requirements across multiple sites and workloads using just one solution.

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