CoreLogic, formerly known as RP Data, is the leading property anddata analytics provider in Australia and New Zealand with over 20,000 customers and 120,000 end users. Founded in 1991, the real estatedata provider serves business customers from sectors such as banking, wealth management, insurance and real estate, to government agencies and consumer investments.
Over the course of Australia’s property boom, CoreLogic required a solution to effectively managethe growing 600 data sources threatening to overwhelm its ageing data management architecture. They turned to Commvault to help transform its business model into the cloud, cut innovation cycle times, and deliver actionable data insights to customers through new products and services.
Its database holds 40 years of property sales, and provides 500 million decision points from more than 600 data sources every day. This mass process produces more than a petabyte of customer data — which is the equivalent of 20 million four-drawer filing cabinets filled with text documents. CoreLogic needed to protect its data and provide traditional services while simultaneously innovate in new revenue streams created by new technology products and platforms. Disaster recovery was also a priority, as the Brisbane-based company contended with the 2010-11 Queensland floods and a major power outage.
Faced with these critical business challenges, CoreLogic’s Head ofICT, Adrian Jansz, looked to Commvault’s technology to overcome adversity, re-engineer the business’s product delivery and strengthen its response to future disruption — both natural and man-made.
“Data is our lifeblood. Without our data – and strategies to protect it – we fundamentally have no business and are unable to provide the accurate insights our customers expect,” Jansz says. “Since the property boom, our data has grown exponentially every year. As a result, we knew we had to come up with effective ways to back up data and re-use it – something that had become both critical and difficult.”
To accelerate its migration to cloud, CoreLogic implemented Commvault’s platform as a service to support its disaster recovery strategy. With the new solution in place, CoreLogic has been able to release resources back into higher-value areas in its business and speed the shift away from rigid tape backups to more agile processes.
Jansz says CoreLogic will accelerate new product releases to capture market momentum by using the cloud as its data foundation. While cloud is now the “launchpad” for technology that traditionally required a big investment, he pins his hopes on cloud to keep pace with growth, drive efficiencies and lower costs by replacing tape backups by 2018.
Looking ahead, Jansz says CoreLogic’s strategy is to further accelerate the company’s products to market, and improve experiences for customers. “Our backup engineers are highly skilled, as a result ofthis approach we were fortunate to leverage and re-skill them to gain greater velocity through product releases and improved IT security.
Our backup strategy is critical to our business, as it allows us tofocus on other areas that provide more value for customers. Having key partners like Commvault enables our company’s vision. Other vendors or supplier may simply sell a solution, but it doesn’t have the enterprise-grade strategy to provide future integration points down the track, it’s a fundamental issues many businesses miss.”