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IBM Tivoli Storage Manager V7.1.1 and IBM Tivoli Storage Manager Extended Edition V7.1.1 help reduce backup windows and enhance resilience:

Different replication policies for retention time and number of versions can be defined on the primary and secondary Tivoli Storage Manager server, for flexible management of disaster recovery at different sites and optimal use of resources. Repairs volumes for source server from replication server for local disaster. This could be used to replace local copy storage pool tapes, reducing total cost of ownership.
More security with NIST SP800-131 compliance and support of 256-bit AES Encryption. Tivoli Storage Manager for Virtual Environments V7.1.1 helps to Boost backup and recovery management for virtual environments with the following new features:

Expanded Microsoft Hyper-V support to provide incremental forever backups, automatic discovery of virtual machines, automatic migration of virtual machines between hosts, restoration of virtual machines to alternate locations, and file level recovery from image backups
Simplified file-level recovery for VMware environments with a more automated mount process supporting Linux Logical Volume Management, Microsoft Windows dynamic disks Microsoft Windows GUID partitioning table disks
Integration with the VMware vSphere Web Client enabling VMware administrators to drive Tivoli Storage Manager recovery actions for selected virtual machines and view task progress directly from the vSphere Web Client interface
More control over access rights allowing administrators to limit user access by data center
Tivoli Storage Manager Operations Center V7.1.1 provides more administrative actions within the GUI. There is improved visibility for data protection diagnostics with these capabilities:

View, create, and modify client schedules and client schedule associations Visibility into server maintenance schedules for processes such as expiration, migration, reclamation, database, and storage pool backups
Centralized log views for Microsoft Windows 32 bit, Microsoft Windows 64 bit, and Linux 64 bit backup-archive clients from one central GUI to enable more efficient problem diagnosis and resolution
Email reports on client coverage, status, and overall Tivoli Storage Manager server health More control over alert definition configuration and management
Actions to manage storage pools such as editing storage pool properties and manual initiation of storage pool migration or reclamation
More detailed visibility to volume information, policy details, and active policy sets More security with NIST SP800-131 compliance
Advanced filtering for table views for more targeted listing of such items such as clients, servers, storage pools, and storage devices that meet specific search criteria
Backend capacity reporting for Tivoli Storage Manager Suite for Unified Recovery products' licensing needs Tivoli Storage Manager V7.1.1 Backup-Archive Client adds support including:

Enhanced security with support of 256-bit AES Encryption.
Microsoft Windows 2012 R2 support.
Solaris x86 support.
IBM Tivoli Storage Manager for Mail V7.1.1 adds support and new features including:

Individual mailbox restore usability and performance enhancements for restoring folders and messages from the mailbox restore browser.
Support for Microsoft Exchange role-based access control to limit rights available to backup and restore administrators and automatic validation of permissions during configuration.
Microsoft Windows 2012 R2 support.
IBM Tivoli Storage Manager for Databases V7.1.1 adds support including:

Microsoft SQL Server 2014 support.
Microsoft Windows 2012 R2 support.
IBM Tivoli Storage Manager for Enterprise Resource Planning V6.4.2 supports Microsoft Windows 2012 and Solaris 11:

For the Data Protection for SAP for DB2® 6.4.2 component: IBM DB2 10.1 and IBM DB2 10.5 with BLU Acceleration, which speeds analytics and reporting using dynamic in-memory columnar technologies
For the Data Protection for SAP for Oracle 6.4.2 component: Support BR*Tools version 7.4
Tivoli Storage Manager for Space Management V7.1.1 adds new features including:

Improved efficiency in handling failed cluster nodes in large General Parallel File System (GPFS™) Hierarchical Storage Management (HSM) clusters that enable better cooperation and communication between HSM nodes.
More control over stub file recall that provides the ability to:
Customize when recalls are performed
Change settings at the individual file level versus the file system level
Change settings while recall processing is ongoing
IBM Tivoli Storage Manager for z/OS® Media V7.1.1 and IBM Tivoli Storage Manager Extended Edition for z/OS Media V7.1.1 provide entitlement to:

Either IBM Tivoli Storage Manager V7.1.1 or IBM Tivoli Storage Manager Extended Edition V7.1.1 for AIX and Linux on System z. IBM Tivoli Storage Manager Operations Center V7.1.1.
IBM Tivoli Storage Manager Media Server V6.3.
IBM Tivoli Storage Manager Fastback for Workstations V7.1.1 enables continuous data protection functionality and instant recovery for Microsoft Windows desktops and laptops with the addition of the following new features:

Enhanced block level backups to increase the frequency of incremental backups, and reduce network bandwidth and storage capacity consumption.
Central Administration Console migration from IBM Tivoli Integrated Portal to IBM WebSphere® Liberty Profile for a smaller footprint of around 500 MB and faster installation times with new installs in as little as 10 minutes.
Enhanced visualization of client, server, or historical storage utilization reports.
Tivoli Storage Flashcopy Manager V4.1.1 adds support for the following features:

Microsoft Windows:
SQL 2014 support
Role Based Access Control for Microsoft Exchange backup and restore
Microsoft Exchange individual mailbox recovery performance and usability enhancements
Usability enhancements for SQL
VMware:
Metro Mirror and Global Mirror integration
NIST SP800-131 compliance
Configuration Wizard
Initial integration with VMware Web Client