Overland-Tandberg Focuses on Cybersecurity and Edge Computing

San Ramon, CA; Dortmund, Germany - [24.10.2024] - Overland-Tandberg, a global leader in data management, backup, and data protection solutions, today announced a strategic global realignment of its business. The company will focus on its proprietary RDX technology, capitalizing on emerging growth markets such as cybersecurity and edge computing, while restructuring its operations to enhance efficiency and market focus.

With the global cybersecurity market projected to reach $298.5 billion by 2028 and cloud-edge computing currently at $21.41 billion, Overland-Tandberg's RDX technology is ideally positioned to address the evolving needs of businesses in these rapidly expanding markets. As part of this repositioning and focus, the company is streamlining operations and shifting away from the Tape Archive business.

"We believe the most strategic path forward is to focus on our RDX technology, which provides scalable, high-performance, and secure storage solutions," said Eric Kelly, CEO of Overland-Tandberg. "This decision allows us to build on our strengths and expand our leadership in the cybersecurity, data protection and edge computing sectors."
Global Transformation through Strategic Restructuring
As part of this realignment, Overland-Tandberg has implemented restructuring plans for its subsidiaries, including but not limited to Tandberg Data GmbH and Overland Storage, Inc. These changes will streamline global operations and enhance focus on the company's core strengths in RDX technology, enabling Overland-Tandberg to better serve its global customer base while maintaining innovation at the forefront.

Tina Brown, COO and Managing Director of Tandberg Data GmbH, emphasized the positive outlook:
"This restructuring represents a focused effort to realign our resources and capitalize on growth areas like cybersecurity and data protection. By concentrating on these sectors, which are our core strengths, Overland-Tandberg is well-positioned to lead in providing future-ready data protection solutions to a global market."

RDX Technology: A Solution for the Future
Overland-Tandberg's RDX removable disk-based storage solution uniquely combines the portability and durability of tape storage with the speed, performance and flexibility of disk storage technologies. With its ability to meet the demands of small to medium-sized enterprises, as well as larger organizations with distributed environments and remote offices, RDX continues to be a cornerstone of Overland-Tandberg's product portfolio. Additionally, RDX's Air Gap technology provides an extra layer of protection against cyberattacks and ransomware, serving as a "last line of defense" against data loss, as well as delivering rapid recovery times for business continuity, minimizing business downtime, and continuing operations with little disruption.
"We are continually investing in our RDX technology, with exciting new product offerings on the horizon in 2025. This strategic focus not only strengthens our market position but also ensures that we remain ahead of the curve in delivering cutting-edge solutions to our global customers," added Kelly.

Overland-Tandberg
2633 Camino Ramon, Suite 325
San Ramon, CA 94583 USA

Natalie Kremer
Global Channel and Product Marketing Manager
Phone: +49 151 172 587 29
Email: nkremer@overlandtandberg.com

About Overland-Tandberg
Overland-Tandberg is a global technology leader in data management, backup, and data protection solutions, with a long history of delivering innovative and high-quality storage products. Serving a diverse range of industries, the company helps organizations manage and safeguard their critical data. The flagship RDX product line continues to lead the market, providing scalable, secure, and dependable storage solutions that meet the evolving needs of businesses worldwide. For more information, visit www.overlandtandberg.com.

This release was published on openPR.