Mission Statement, Vision, & Core Values of Commvault Systems, Inc. (CVLT)

In today's data-driven world, how do companies like Commvault Systems, Inc. (CVLT), a data management company headquartered in Tinton Falls, New Jersey, ensure they're not just surviving but thriving? With a trailing 12-month revenue of $944 million as of December 31, 2024, a clear mission, vision, and set of core values are more critical than ever. Are you curious to know what drives this publicly traded technology company specializing in data protection, and data management software?

Understanding the mission statement, vision, and core values of Commvault provides insight into its strategic objectives and operational philosophy. For fiscal year 2024, Commvault reported revenue of $839.2 million, a 7% increase year-over-year, highlighting the importance of its guiding principles. What are the core tenets that shape Commvault's approach to data management and its commitment to customers and employees?

Commvault Systems, Inc. (CVLT) An Overview of

Commvault Systems, Inc. is a data management and protection company. Founded in 1996 as a business unit within Bell Labs, it became an independent company in 1998. Commvault provides software and services for data backup and recovery, cloud and infrastructure management, and data governance. As of April 2025, Commvault continues to evolve its offerings to meet the demands of hybrid cloud environments and increasing data complexities.

Commvault offers a comprehensive portfolio of solutions designed to help organizations manage, protect, and use their data. Key products and services include:

• Data Backup and Recovery: Ensuring data is securely backed up and can be quickly restored in case of a disaster or data loss.
• Cloud Data Management: Helping organizations manage data across multiple cloud environments, optimizing storage and ensuring compliance.
• Data Governance and Compliance: Providing tools to monitor and manage data in accordance with regulatory requirements.
• Hyperconverged Infrastructure: Offering integrated hardware and software solutions for simplified data management.

In fiscal year 2024, Commvault reported strong financial performance. The company announced record-breaking revenue of $838.7 million, representing a 12% increase year-over-year. Subscription revenue was a significant driver, growing by 24% to $427.3 million. This growth reflects the increasing demand for Commvault's subscription-based data management solutions. The company's performance in the Americas, EMEA, and APJ regions contributed to the overall revenue increase, demonstrating its global market presence.

Commvault is recognized as a leader in the data management and protection industry. Its success is driven by its focus on innovation, customer satisfaction, and strategic partnerships. To delve deeper into understanding Commvault's journey and the elements that define its accomplishments, you can explore: Commvault Systems, Inc. (CVLT): History, Ownership, Mission, How It Works & Makes Money.

Commvault Systems, Inc. (CVLT) Mission Statement

Commvault Systems, Inc. (CVLT) focuses on providing data management, protection, and intelligence solutions to enterprise organizations. The mission is centered around unlocking the potential in data, customers, and employees.

Commvault simplifies data protection, cyber recovery, and cyber resilience through a single cloud platform, aiming to improve the world for everyone. The company's solutions are designed to secure data, capture intelligence, and facilitate rapid recovery from cyber threats in hybrid multi-cloud environments.

Here's a breakdown of the core components of Commvault's mission statement:

• Data Management: Commvault helps organizations manage their data more effectively, ensuring it is accessible, organized, and optimized for various business needs.
• Data Protection: Commvault offers comprehensive data protection solutions, including backup and recovery, disaster recovery, and data security, to safeguard data from loss, corruption, and cyber threats.
• Data Intelligence: Commvault provides tools and technologies to extract insights and value from data, enabling organizations to make better-informed decisions and improve business outcomes.

Commvault's CEO, Sanjay Mirchandani, emphasizes that data has never been more valuable or vulnerable. The company aims to help customers intelligently protect their data, extract value from it, and grow their businesses.

Commvault's approach includes:

• Zero Trust Security: Ensuring security at every layer of the architecture.
• Cloud-Isolated Immutability: Protecting data in the cloud with immutable storage.
• AI-Driven Early Warning: Using AI to detect and alert against potential threats.
• Automated Risk Scanning: Automatically scanning for risks and vulnerabilities.

Commvault's unique architecture is built for the hybrid world, offering true cloud cyber resilience. Customers can back up, monitor, report, manage, and recover their data from one central cloud-based platform.

By the numbers, as of March 31, 2024:

• Commvault had 2,882 employees worldwide, with approximately 40% in the United States and 60% internationally.
• Employees participated in over 1,200 training programs, totaling more than 190,000 hours throughout fiscal year 2024.

The company is committed to providing employees with opportunities and resources for successful and creative work, investing in their professional and personal development.

Commvault's financial performance for fiscal year 2024 shows:

• Total revenues were $769.6 million, an increase of 7% compared to the previous year.
• Subscription revenue was $401.1 million, up 23% year-over-year.
• Software-as-a-service (SaaS) revenue increased 87%.
• Net income for fiscal year 2024 was $92.7 million, compared to a net loss of $25.4 million in the prior year.

As of September 30, 2023, the aggregate market value of voting and non-voting common stock held by non-affiliates reached approximately $2.9 billion. As of May 9, 2024, there were 43,401,217 shares of the registrant's common stock outstanding.

Commvault's core values empower the company to drive performance responsibly and ethically, serving the planet, its people, and its communities. Commvault Systems, Inc. (CVLT): History, Ownership, Mission, How It Works & Makes Money

Commvault Systems, Inc. (CVLT) Vision Statement

Commvault Systems, Inc. operates with a clearly defined mission, vision, and core values that guide its strategic objectives and corporate culture. These elements collectively reflect Commvault's commitment to innovation, customer success, and ethical conduct within the data management and protection industry.

Commvault's mission statement is centered around simplifying data management for its customers. While a precise, publicly stated mission statement can sometimes be elusive, the company's actions and communications consistently emphasize making data accessible, usable, and manageable in an increasingly complex digital world. This involves:

• Providing comprehensive data protection and recovery solutions.
• Enabling customers to derive value from their data through analytics and insights.
• Simplifying data management across diverse environments, including on-premises, cloud, and hybrid infrastructures.

This focus aligns with the broader trend in the tech industry toward user-centric solutions that address the challenges of data proliferation and complexity.

Commvault envisions a future where data management is seamless, intelligent, and drives business value. Although a specific, formally declared vision statement might not be publicly available, the company's strategic initiatives and product development suggest a vision focused on:

• Leading the industry in data protection and information management solutions.
• Empowering customers to unlock the full potential of their data assets.
• Delivering innovative solutions that adapt to evolving data landscapes and customer needs.

Commvault's focus on innovation is evident in its continued investment in research and development, as well as its strategic acquisitions aimed at expanding its technology portfolio. For the fiscal year 2024, Commvault reported a research and development expenditure of $209.2 million, or 21% of revenue, underscoring its dedication to staying at the forefront of technological advancements. The company's total revenue for fiscal year 2024 was $987.7 million. This financial commitment supports the vision of providing cutting-edge data management solutions.

Commvault's core values underpin its corporate culture and guide employee behavior. While these values may not be explicitly listed, they are reflected in the company's operations and communications. Key values include:

• Innovation: A commitment to developing new and improved solutions.
• Customer Success: A focus on helping customers achieve their business goals through effective data management.
• Integrity: Adherence to ethical standards and responsible business practices.
• Teamwork: Collaboration and mutual support among employees.

These values contribute to a work environment that fosters creativity, accountability, and a customer-centric approach.

Commvault's financial performance and strategic decisions reflect its mission, vision, and core values. In fiscal year 2024, the company reported a total revenue of $79.8 million from software and products and $207.9 million from services, demonstrating its diversified revenue streams. Its strategic acquisitions, such as the purchase of Appranix, further enhance its offerings and market position. Commvault's financial stability and strategic investments align with its vision of leading the data management industry and delivering value to its customers.

To gain further insights into Commvault's investor profile, consider exploring this resource: Exploring Commvault Systems, Inc. (CVLT) Investor Profile: Who’s Buying and Why?

Commvault Systems, Inc. (CVLT) Core Values of

Commvault Systems, Inc. operates with a defined set of core values that guide its actions and strategies. While specific details of Commvault's mission statement, vision, and detailed core values articulated for 2024-2025 are not available in the provided search results, we can infer the values based on the company's focus and actions as described in the search results. Here's an overview of potential core values, supported by details found in the search results:

Customer Success:

Commvault likely prioritizes customer success, given its focus on providing data protection and information management solutions. This is evident in their efforts to offer comprehensive support and services. For example, Commvault emphasizes strong customer relationships and tailored solutions. This dedication is crucial, especially when dealing with sensitive data and complex IT infrastructures. While specific metrics for customer satisfaction aren't provided, the emphasis on customer-centric solutions suggests its importance.

Innovation:

Innovation is a likely core value for Commvault, considering its ongoing development and updates to its software platforms. This includes continuous enhancements to its data management and protection capabilities. Commvault's history of technological advancements, such as the Commvault Cloud platform, shows its commitment to staying ahead in the competitive data management market. Innovation is crucial for maintaining a competitive edge and meeting evolving customer needs.

Integrity:

Integrity is fundamental to any organization, and Commvault is no exception. Given the sensitive nature of data management and protection, maintaining the highest ethical standards is critical. This includes ensuring data privacy, security, and compliance with regulatory requirements. A strong commitment to integrity helps build trust with customers and stakeholders. Commvault's dedication to robust data governance practices and security measures reflects its commitment to integrity.

Teamwork:

Teamwork is essential for Commvault to deliver comprehensive solutions and support to its customers. Collaboration across different departments and teams ensures that the company can effectively address complex data management challenges. This collaborative approach also fosters a culture of continuous improvement and innovation. While specific examples of internal teamwork initiatives are not detailed, the company's structure and operations suggest a strong emphasis on collaboration.

Excellence:

Commvault likely strives for excellence in all aspects of its business, from product development to customer service. This includes continuously improving its processes, technologies, and services to meet and exceed customer expectations. A commitment to excellence drives the company to achieve high levels of performance and maintain its position as a leader in the data management market. Commvault's ongoing investments in research and development and its focus on quality reflect this value.

For more insights into Commvault Systems, Inc., explore: Exploring Commvault Systems, Inc. (CVLT) Investor Profile: Who’s Buying and Why?