Commvault: Why the AI Revolution is Bringing Forth a New Cybersecurity Leader!

Commvault (CVLT) is transforming from a backup provider into a shield for cloud data, identities, and AI agents. New products aim to restore entire business processes. The stock is close to its 52-week high. New Customers and Cross-Selling Drive Business In the second business quarter, Commvault gained over 500 new subscription customers. 40% of the new SaaS customers came to Commvault for the first time. At the same time, 53% of SaaS customers use at least two products, up from 45% a year ago. The fastest-growing group utilizes three to eight...