CommVault Launches Cloud Connector for Backups

commvaultStop me if you’ve heard this one: A backup and archive software vendor announces that their trademark solution is getting an upgrade to integrate seamlessly with a who’s-who of cloud storage providers. This latest example involves CommVault, and their Simpana 8 software joining the hybrid backup solutions club. Here are the specifics.

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Kaseya CEO Gerald Blackie: We Won’t Go Public

Kaseya CEO Gerald BlackieKaseya CEO Gerald Blackie says the company has no debt, no venture capital and absolutely no plans to pursue an initial public offering (IPO). Why stay private in the rapidly expanding managed services market? Blackie provided some thoughts June 1 during a poolside chat with me at the Kaseya User Conference.

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Software as a Service Stocks: What Went Wrong?

StocksIronically, one of the hottest technology trends — software as a service (SaaS) — has been burning investors on Wall Street. As a group, SaaS stocks are down 30 percent year to date, a far worse showing than the DOW (down about 9.74 percent) and the Nasdaq composite index (down almost 18 percent), according to SeekingAlpha.com.

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NetSuite IPO: Worth Watching

Wall StreetManaged service providers should keep a close eye on NetSuite this month. The hosted accounting software provider is launching its initial public offering on our about December 20. NetSuite’s performance on Wall Street could provide some clues about the evolving software-as-a-service landscape.

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