Perhaps former Symantec CEO John Thompson was right: When Symantec acquired Veritas in 2005, Thompson told Wall Street that the worlds of storage and security were converging, creating an information protection industry. Of course, Symantec hit plenty of bumps integrating Symantec and Veritas. But Thompson's initial vision seems correct.

Joe Panettieri, Former Editorial Director

June 14, 2010

2 Min Read
Trend Micro: Cloud Storage and SaaS Security Converge

storage and security merger

Perhaps former Symantec CEO John Thompson was right: When Symantec acquired Veritas in 2005, Thompson told Wall Street that the worlds of storage and security were converging, creating an information protection industry. Of course, Symantec hit plenty of bumps integrating Symantec and Veritas. But Thompson’s initial vision seems correct. One prime example: Fast forward to the present, and Symantec rival Trend Micro is buying humyo, a consumer cloud storage service in the U.K. Here’s why.

During recent webcasts and within recent news coverage, MSPmentor has pointed out that online backup and SaaS security represent two pieces of low hanging fruit for VARs and MSPs that want to get into the recurring revenue markets.

In some cases, the walls between online storage and security are fading away or disappearing entirely. For instance, CA Technologies is reinventing its security and storage lineup to embrace managed services pricing. Symantec is expected to take similar steps soon, according to online forum chatter. And master MSPs like Ingram Micro Seismic and Virtual Administrator are blending storage and security services for VARs and MSPs.

Next Moves

And now Trend Micro is pushing beyond security to embrace online storage through the humyo acquisition. At first glance, humyo is a consumer storage service. But it’s safe to expect Trend Micro to build an SMB channel effort that leverages humyo. Already, Trend Micro’s Worry-Free solutions include free management dashboards and service provider licensing for MSPs. Stay tuned and I think we’ll see similar offerings involving humyo’s services.

The big question: Will pure-play online backup and SaaS security companies stick with their singular focus areas. Or will they, too, connect the dots between backup and security?

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About the Author(s)

Joe Panettieri

Former Editorial Director, Nine Lives Media, a division of Penton Media

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