Enterprise data backup and disaster recovery software
Strategic Profile
Veritas operates as a renowned global provider of enterprise data protection solutions with presence spanning over 80 countries. The company competes in the enterprise data backup, archiving, and compliance management space, offering both appliance-based and software-based solutions across on-premises, cloud, and hybrid deployment models.
Cyborg Score Rationale
Veritas maintains strong market positioning in enterprise data protection with established product portfolios (NetBackup, Backup Exec, Enterprise Vault) and global reach. Recent hiring activity in (May 2026) and ongoing product development indicate continued investment, though private equity ownership limits visibility into revenue and profitability metrics.
Top Insights
Veritas employs three primary licensing models: capacity-based (per terabyte), socket-based (per server), and appliance-based pricing
Enterprise annual costs typically range from $15,000 to $500,000+ depending on scale, with mid-market deployments using Backup Exec falling in the $15,000–$75,000 range
Veritas is actively expanding with recent hires including leadership and engineering roles as of December 2025 and May 2026
Product portfolio spans backup, disaster recovery, archiving, and compliance—addressing broad enterprise data governance needs