The announcement was made at the company's Veritas Vision 2017 conference held in Las Vegas from Monday to Wednesday.
The product, Veritas Cloud Storage, plus the Veritas Access Appliance, an integrated software-defined storage appliance that offers long-term data retention with multi-cloud capability, will be available in coming quarters.
The company said the storage solution enabled the application of analytics, machine learning and classification technologies to stored data.
“With the unprecedented growth of data driving a new wave of storage demands, it is imperative that enterprises deploy a software-defined storage strategy that is optimised for cost, performance and agility,” said David Noy, vice-president of product management, Veritas.
“Customers also need to deploy software-defined storage solutions that turn dormant data into intelligent insights, helping businesses offer better customer experiences while delivering strong business outcomes.
"As one of the early pioneers in software-defined storage, Veritas has a rich heritage in this space that spans more than 25 years and with these latest innovations, we are helping customers address modern-day data challenges head-on.”
At the conference, Veritas also announced a partnership with Microsoft Azure and innovations in its Veritas NetBackup, Veritas Information Map and Veritas Appliances offerings, under the name 360 Data Management.
“Joint Veritas and Microsoft customers have the best of both worlds: the flexibility and agility of Azure cloud combined with the trusted toolset of the Veritas 360 data management platform,” said Mark Russinovich, chief technology officer, Microsoft Azure.
“Customers can use these offerings to optimise for hybrid cloud environments as they get more value from their data.”
Veritas NetBackup features ultra-fast deduplication technology, Veritas Information Map has new data connectors to take data visibility mainstream and the Veritas NetBackup 5340 Appliance is claimed to deliver customer choice with scalable and resilient data protection.
“We are living in the age of multi-cloud, where organisations require a policy-driven data management strategy to protect valuable data assets across multiple data centres, public and hybrid clouds,” said Mike Palmer, executive vice-president and chief product officer, Veritas.
“Today, with more than 20 new connectors in Information Map and advancements to NetBackup 8.1, organisations can now protect more cloud-based workloads, reduce storage costs in multi-cloud environments and gain increased visibility of data that historically has been hard to identify – all critical components of a successful multi-cloud strategy.”