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Carbonite Inc's Business Segments
Carbonite Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of FY
Reportable Segments
-
Largest Segment
-
Total Revenue
$ 126
Countrys Reported
1
Carbonite Inc does not report a distinct business-segment axis in its filings - its disaggregated revenue is disclosed by product and service category instead. See the Product & Service breakdown below.
Revenue Share by Country - FY
- US84.5%
Revenue by Geographic Country - FY
| Country | Revenue (Millions) | % of Total |
|---|---|---|
| US | $ 106 | 84.5% |
Description of Carbonite Inc
Carbonite Inc is a cloud-based data protection and recovery company headquartered in Boston, Massachusetts, founded in 2005 by David Friend, Jeff Flowers and Joel Gordeon.
Carbonite's products and services are aimed at individuals, small and medium-sized businesses, as well as enterprise-level businesses. The company offers several data backup and recovery solutions that protect consumer and business data from accidental deletion, theft, and system crashes. It also provides security solutions for endpoints, which include computers, servers, and mobile devices.
Carbonite has an extensive portfolio of cloud-based products and services, including cloud and local backup solutions, disaster recovery as a service, server backup and recovery, email archiving, and endpoint protection. The company's cloud backup solutions allow users to automatically backup data from their computers to the cloud, where it is stored securely and can be accessed from anywhere. Its disaster recovery solutions provide businesses with the data restoration capabilities necessary to quickly recover from unexpected events such as fires, floods, and cyberattacks. Carbonite's endpoint protection provides businesses with a multi-layered approach to protect against malware, ransomware, and other cybersecurity threats.
Carbonite has grown rapidly over the years, in part through acquisitions. In 2015, the company acquired Seagate's EVault cloud backup and recovery services for $14 million. In 2017, it acquired Double-Take Software, a provider of high-availability software for disaster recovery and workload migration, for $65.25 million. Carbonite also acquired Webroot, a provider of cybersecurity solutions, for $618.5 million in 2019.
Carbonite is known for its commitment to customer service and support. The company provides 24/7 customer service and support, as well as a variety of resources such as online tutorials, user forums, and webinars to help customers get the most out of their products and services.
In February 2020, Carbonite was acquired by OpenText, a global leader in enterprise information management, for $1.42 billion. Under the terms of the deal, Carbonite became a subsidiary of OpenText and continued to operate under the Carbonite brand.
Carbonite's products and services are aimed at individuals, small and medium-sized businesses, as well as enterprise-level businesses. The company offers several data backup and recovery solutions that protect consumer and business data from accidental deletion, theft, and system crashes. It also provides security solutions for endpoints, which include computers, servers, and mobile devices.
Carbonite has an extensive portfolio of cloud-based products and services, including cloud and local backup solutions, disaster recovery as a service, server backup and recovery, email archiving, and endpoint protection. The company's cloud backup solutions allow users to automatically backup data from their computers to the cloud, where it is stored securely and can be accessed from anywhere. Its disaster recovery solutions provide businesses with the data restoration capabilities necessary to quickly recover from unexpected events such as fires, floods, and cyberattacks. Carbonite's endpoint protection provides businesses with a multi-layered approach to protect against malware, ransomware, and other cybersecurity threats.
Carbonite has grown rapidly over the years, in part through acquisitions. In 2015, the company acquired Seagate's EVault cloud backup and recovery services for $14 million. In 2017, it acquired Double-Take Software, a provider of high-availability software for disaster recovery and workload migration, for $65.25 million. Carbonite also acquired Webroot, a provider of cybersecurity solutions, for $618.5 million in 2019.
Carbonite is known for its commitment to customer service and support. The company provides 24/7 customer service and support, as well as a variety of resources such as online tutorials, user forums, and webinars to help customers get the most out of their products and services.
In February 2020, Carbonite was acquired by OpenText, a global leader in enterprise information management, for $1.42 billion. Under the terms of the deal, Carbonite became a subsidiary of OpenText and continued to operate under the Carbonite brand.
Carbonite Inc. specializes in providing robust data protection and recovery solutions primarily targeted at Small and Medium Enterprises (SMEs). The company is well-positioned to address the unique needs of businesses with up to 500 employees across a diverse array of industry verticals, including Finance, Healthcare, Education, Manufacturing, Retail, and E-commerce. Given the increasing reliance on digital data, Carbonite’s offerings are crucial for SMEs that require reliable cybersecurity and data management in an ever-evolving technological landscape.
Segments
Carbonite Inc. focuses on the Small and Medium Enterprises (SME) market, encompassing businesses with fewer than 500 employees. This segment is characterized by a diverse range of industries, each with specific data protection needs.
1. Finance: Financial companies require stringent data security measures due to the sensitive nature of their information, including customer financial records, transaction data, and compliance requirements.
2. Healthcare: Healthcare providers deal with protected health information (PHI) and are subject to regulations like HIPAA, necessitating secure and compliant data backup and recovery solutions.
3. Education: Educational institutions manage a wealth of data, including student records and faculty information. Protecting this data is essential for maintaining privacy and complying with regulations.
4. Manufacturing: This segment requires robust backup solutions to safeguard operational data, intellectual property, and supply chain information critical for smooth operations.
5. Retail: Retail businesses handle transaction data, inventory records, and customer information; therefore, they need reliable backup solutions to mitigate data loss risks.
6. E-commerce: Online businesses rely heavily on data integrity for transactions and customer interactions, making comprehensive data protection vital.
Products
Carbonite Inc. offers an array of products tailored to meet the specific data protection needs of SMEs:
1. Carbonite Backup for Office 365:
- This product ensures secure backup and recovery for Microsoft Office 365 applications, including Exchange, OneDrive, and SharePoint.
- It safeguards critical business data against accidental deletions, system failures, and cyber threats, enabling quick restoration when loss occurs.
2. Carbonite Backup for Endpoint:
- Designed for endpoint devices such as laptops, desktops, and mobile phones, this solution provides automatic backup, remote wipe capabilities, and quick data recovery.
- It is particularly useful in cases of device theft, hardware failures, or ransomware attacks, ensuring that sensitive data remains secure.
3. Carbonite Backup for Servers:
- This product is tailored for the protection of data stored on both physical and virtual servers.
- It offers flexible backup options, high-speed data backups, and rapid restoration processes to minimize downtime caused by server outages or data loss events.
4. Carbonite Safe Cloud Backup:
- An all-encompassing cloud backup solution for SMEs that consolidates the protection needs for endpoints, servers, and cloud applications into a single service.
- It offers features such as unlimited storage, automated backup scheduling, and 24/7 support, empowering businesses to recover data from anywhere, at any time.
Services
To complement its product offerings, Carbonite Inc. provides a range of services designed to enhance the user experience and ensure effective data protection:
1. Implementation:
- Carbonite’s professional services include installation, configuration, and customization of its backup solutions, ensuring they align with each SMEs specific data protection requirements.
2. Training:
- Comprehensive training programs are available to help SMEs understand and effectively deploy Carbonite’s backup solutions. Training ensures that clients can manage their data protection systems efficiently.
3. Support:
- Carbonite provides 24/7 technical support through multiple channels, including an online knowledge base, community forums, and direct phone or email support, to assist customers with any issues they may encounter.
4. Consulting:
- The consulting services offered by Carbonite help SMEs develop tailored data protection strategies, evaluate existing backup infrastructures, and streamline data recovery processes to optimize their overall data management.
In summary, Carbonite Inc. is dedicated to serving the unique data protection needs of SMEs through its diverse array of products and services, helping businesses safeguard their critical information against various risks and vulnerabilities.
Segments
Carbonite Inc. focuses on the Small and Medium Enterprises (SME) market, encompassing businesses with fewer than 500 employees. This segment is characterized by a diverse range of industries, each with specific data protection needs.
1. Finance: Financial companies require stringent data security measures due to the sensitive nature of their information, including customer financial records, transaction data, and compliance requirements.
2. Healthcare: Healthcare providers deal with protected health information (PHI) and are subject to regulations like HIPAA, necessitating secure and compliant data backup and recovery solutions.
3. Education: Educational institutions manage a wealth of data, including student records and faculty information. Protecting this data is essential for maintaining privacy and complying with regulations.
4. Manufacturing: This segment requires robust backup solutions to safeguard operational data, intellectual property, and supply chain information critical for smooth operations.
5. Retail: Retail businesses handle transaction data, inventory records, and customer information; therefore, they need reliable backup solutions to mitigate data loss risks.
6. E-commerce: Online businesses rely heavily on data integrity for transactions and customer interactions, making comprehensive data protection vital.
Products
Carbonite Inc. offers an array of products tailored to meet the specific data protection needs of SMEs:
1. Carbonite Backup for Office 365:
- This product ensures secure backup and recovery for Microsoft Office 365 applications, including Exchange, OneDrive, and SharePoint.
- It safeguards critical business data against accidental deletions, system failures, and cyber threats, enabling quick restoration when loss occurs.
2. Carbonite Backup for Endpoint:
- Designed for endpoint devices such as laptops, desktops, and mobile phones, this solution provides automatic backup, remote wipe capabilities, and quick data recovery.
- It is particularly useful in cases of device theft, hardware failures, or ransomware attacks, ensuring that sensitive data remains secure.
3. Carbonite Backup for Servers:
- This product is tailored for the protection of data stored on both physical and virtual servers.
- It offers flexible backup options, high-speed data backups, and rapid restoration processes to minimize downtime caused by server outages or data loss events.
4. Carbonite Safe Cloud Backup:
- An all-encompassing cloud backup solution for SMEs that consolidates the protection needs for endpoints, servers, and cloud applications into a single service.
- It offers features such as unlimited storage, automated backup scheduling, and 24/7 support, empowering businesses to recover data from anywhere, at any time.
Services
To complement its product offerings, Carbonite Inc. provides a range of services designed to enhance the user experience and ensure effective data protection:
1. Implementation:
- Carbonite’s professional services include installation, configuration, and customization of its backup solutions, ensuring they align with each SMEs specific data protection requirements.
2. Training:
- Comprehensive training programs are available to help SMEs understand and effectively deploy Carbonite’s backup solutions. Training ensures that clients can manage their data protection systems efficiently.
3. Support:
- Carbonite provides 24/7 technical support through multiple channels, including an online knowledge base, community forums, and direct phone or email support, to assist customers with any issues they may encounter.
4. Consulting:
- The consulting services offered by Carbonite help SMEs develop tailored data protection strategies, evaluate existing backup infrastructures, and streamline data recovery processes to optimize their overall data management.
In summary, Carbonite Inc. is dedicated to serving the unique data protection needs of SMEs through its diverse array of products and services, helping businesses safeguard their critical information against various risks and vulnerabilities.