veritas managed enterprise vault sales presentation
TRANSCRIPT
The future is bright for Veritas™ Managed Enterprise Vault™
Presenter’s Name HerePresenter’s Title Here
Value Managed Enterprise Vault (MEV)
MEV provides the information stability and predictability that customers need in order to:
• Access their data whenever they need it
• Minimize information risk by making archives available and searchable
• Protect their business by bridging IT, legal and business needs.
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Managed Enterprise Vault provides:
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• 24/7 monitoring• Real-time incident remediation• Regular reports to validate outcomes and
proactively identify issues
Proactive Monitoring and Management
• Faster issue resolution• Services based on industry best practices• Capacity and upgrade planning• Optimal use of all solution features
World class expertise
Improved business outcomes
• SLAs established and enforced• 24/7 escalation and event management• Access to real-time reports and metrics for
maximum transparency• Predictable quality and costs
Copyright © 2015 Veritas Technologies LLC. All rights reserved.
What’s new/different now?
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Focused and committed leadership support
Robust compensation model
More competitive pricing model
Tremendous market potential
Copyright © 2015 Veritas Technologies LLC. All rights reserved.
A study released … by research and consulting firm MarketsAndMarkets predicted the demand for managed services will jump drastically in the next five years, with the global market slated to grow from $101.2 billion in 2014 to $193.3 billion in 2019.1
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1 Lindsey O’Donnell, “Cloud, Mobility, Big Data Key To Growth In Managed Services Space,” CRN, January 8, 2015 http://www.crn.com/news/managed-services/300075301/cloud-mobility-big-data-key-to-growth-in-managed-services-space.htm Copyright © 2015 Veritas Technologies LLC. All rights reserved.
The path forward1. A strong, new organizational
structure
2. New compensation model• 100% compensation for all
segments – dollar:dollar matching
• Multi-year credit up to three years to help you retire quota more quickly
3. More competitive pricing model• More aggressive MSRP
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Old vs. New Pricing
Previous Price Model Current Price Model
License type Managed Enterprise Vault Service No change
Buying programs Annual subscription No change
Meter Per Enterprise Vault or Discovery Accelerator Server No change
Base MSRP $54,000 per server $50,000 base price (includes 1 EV server)
Price Curves None (linear pricing per server) $30,000 per additional EV/DA server(s)
Route to market Direct, channel partner No change
Channel discount 5% No change
Published to channel No No change (significant presales effort to vet opportunities)
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More scalable pricing with lower price for additional servers
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Previous Price Model
Current Price Model
EV/DA Servers 5 5
MSRP $270,000 $170,000
MSRP/Server $54,000 $34,000
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Total opportunity FY15 to FY16 93% YOY growth
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Software spend on EV = $130MOutsourcing spend for EV = $130M17% 41% 21% 21%
Hardware Personnel Software Outsourcing
15% of customers prefer a direct relationship$60M x 15% = $9M15
Indirect Direct
Buying Preference (Symantec 2013)
MBS and MEV are strategic out-tasking$130M x 46% = $60M
46% of enterprises selectively outsource IT management functions (Strategic Out-Tasking)
~$9M opportunity for MEV
IT Spending (Gartner 2013)Gartner 2013 research showed that companies spend nearly equal on software as they do on outsourcing. As an outsource IT function, MEV has an opportunity for growth.
ServiceXRG, 2014
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What it means to you• Updated compensation model
increases sales opportunities • Helps protect and grow your
Enterprise Vault license opportunities
• Helps you retire quota faster (multi-year comp credit up to 3 years)
• Helps deepen trusted advisor status with customer
• Frees up more selling time—MEV owns the support effort for the environment
• Combats competitive threats
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What it means to Veritas• Increased wallet share• Improves customer satisfaction• Higher renewal rates• Aligns with industry trends,
customer trends, and competitive landscape
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What means to customers to engage MEV• Lower operating costs • Increased value from MEV
investment• IT freed to focus on core
strategic objectives• Improved operational
performance
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Seizing the opportunity
Customers face data accessibility challenges:
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Inaccessible data
Lack of transparency
Conflicting priorities
Usage and adoption gaps
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Opportunity identifiers Lack of operational transparency;
No clear service level agreements
Lack of skilled resources – staffing challenges – conflicting priorities
Large number of support issues / calls
High level of SE support required
Customer running EOSL version of software
Limited feature adoption
Unhappy Enterprise Vault customers
Competitive displacement risk / opportunity
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Who are your potential customers?
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Title Role Market Segment Reports toCIO/VP of IT Key Buyer • Large Enterprise
• EnterpriseCIO or CEO
Sr. IT Architect Key Buyer / Key Influencer
• Large Enterprise• Enterprise
SR. VP, Data Center Operations
Director of IT, Storage
Key Buyer / Key Influencer
• Large Enterprise• Enterprise• Government• Mixed Verticals
CIO or CISO, depending on the size of the organization
Messaging Admin
Key Influencer • Large Enterprise• Enterprise
Director of IT
Can be sold through partner even though not on published channel price list
We work with partners to help drive their services attached to MEV, onboarding, upgrades, etc.
Opportunity Registration program
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How we partner with customers
Customer Owned
Infrastructure Management Hardware and OS maintenance Network management
MEV with Customer Assist
Assessment/Transformation Assess existing Enterprise
Vault environment Transform environment
to be managed remotely
Planning and Administration Capacity planning Enterprise Vault roadmap awareness Policy assistance and oversight
MEV
Monitoring Monitoring of archiving tasks Application availability Resource utilization
Incident Response Troubleshooting of Enterprise
Vault incidents Root cause analysis of high
severity incidents
Incident Management Resource coordination Expedited access to Veritas
backline support
Change Management Enterprise Vault patches
and upgrades Update archive policies Add/delete mailboxes
Reporting/Account Management Incremental reports/reviews Escalation management
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Handling customer objections
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MEV versus… Competitive Position MEV Response
Global outsourcers (IBM, HP, Perot/Dell)
• Large providers include managed backup as part of their service
• Often include hardware and software as part of a service
• Many EV customers do not want to surrender control of all IT
• Global outsourcers often lack EV expertise
• Including hardware and software actually increased customer costs
VAR/consultants • VARs offer similar service but include hardware, software and implementation
• MEV will work with vendors to transition service after implementation
Customer • Customer can administer EV for less than MEV
• Few customers have access to the depth and breadth of technical expertise MEV offers
• SLAs guarantee satisfaction with service
Copyright © 2015 Veritas Technologies LLC. All rights reserved.
Partner participation• Managed Enterprise Vault can be
sold through partners even though they’re not published in the channel price list
• We work with partners to help drive their services attached to MEV, including onboarding, upgrades, etc.
• Opportunity Registration program
18 Copyright © 2015 Veritas Technologies LLC. All rights reserved.
Additional resources
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For quoting assistance please contact your assigned regional Service Sales team member or send an email to [email protected].
More information including sales collateral, presentations, FAQ, competitor battle cards, industry comparison chart and price list can be found on Sales Central .
Copyright © 2015 Veritas Technologies LLC. All rights reserved.