IT Services

Veeam Reports 49 Percent Year-Over-Year Growth in the Enterprise Sector

Veeam Software has today announced a 31 percent year-over-year (YoY) growth in total bookings revenue for Q3 2016. With 71 percent of Fortune 500 and 51 percent of the Global 2000 now Veeam customers, the company reported a 49 percent YoY increase in new license bookings from large enterprise deals.

Exponential growth in applications and data, and advances in cloud and mobile technologies are all propelling enterprises to transform from organizations that simply use digital technology, to full-fledged digital organizations. IDC has predicted that digital transformation initiatives will more than double by 2020, and will act as a primary driver for IT spending worldwide.

“Digital transformation isn’t just a trend. It’s a do-or-die business reality to transform the customer experience and unlock new levels of enterprise productivity which is now at the top of the agenda for CIOs and IT decision-makers,” said Peter McKay, President and COO at Veeam. “Veeam is playing a key role in this transformation, as our strong Q3 results demonstrate. Without 24.7.365 Availability, all the advantages received by digital transformation are lost. Enterprises are rapidly embracing our Availability solutions and abandoning legacy technologies that cannot provide an always-on environment.”

Veeam has also appointed Paul Mattes, most recently General Manager of Cloud and Enterprise Sales, Americas with Microsoft, as its Vice President of Global Cloud Group. Enterprise adoption of cloud technologies continues to accelerate as businesses capitalize on the costs savings, flexibilty and scale that it offers. To further meet the demands of customers, Veeam recently introduced the next generation of comprehensive Availability: Veeam Availability Platform for the Hybrid Cloud. This solution enables businesses and enterprises of all sizes to ensure Availability for virtual, physical, and cloud-based workloads in the Hybrid Cloud. Mattes will further develop Veeam’s rapidly growing presence in the Cloud market and support its position as the leading vendor of Backup as a Service (BaaS) and Disaster Recovery as a Service (DRaaS) solutions for Cloud and Service Providers.

“A hybrid cloud infrastructure offers organizations the best of both on-premises and cloud, enabling IT to choose the best platform to meet the needs of each workload,” buy cipro us Mattes said. “Veeam recognizes, however, that these advantages are of little use if the hybrid cloud infrastructure is not Always-On. In today’s fast-paced environment, nothing less than 24.7.365 access to data is acceptable, and Veeam is enabling organizations to meet that challenge. Our goal is to define the BaaS and DRaaS markets by offering the best solutions our customers are requesting. With a 100 percent channel focused strategy, we’ll provide Veeam Cloud and Service Providers (VCSPs) and our channel partners with the technology platform to build and deliver those services to our joint customers.”

Additional highlights from Q3 2016 include:

  • Impressive growth in the cloud, especially as the demand for Disaster Recovery as a Service (DRaaS) intensifies. The Veeam Cloud & Service Provider (VCSP) program, which offers ready-made opportunities for service providers to acquire new customers and grow recurring revenue, reported an increase of 63 percent in the number of transactions year-over-year. The VCSP program has grown to more than 13,200 service and cloud providers worldwide, with more than 2,300 of those partners licensed to provide services for Veeam Cloud Connect.
  • Increased commitments by Veeam Strategic Alliance Partners. Veeam and Cisco launched the Veeam Availability Solution for Cisco UCS; VMware elevated Veeam to a Global Partner in the VMware Technology Alliance Program (TAP); and Veeam was recently named an IBM ecosystem partner for IBM Cloud.
  • 216,500 customers worldwide: Veeam added 11,500 total paid customers in Q3 2016, keeping pace with the historical average of approximately 3,500 new customers each month. Veeam also announced the winners of its weightless ZERO-G Experience® flight to celebrate 200,000 customers. While the Hard Rock Hotel & Casino Las Vegas was given the honor, three other customers were also named winners: Shearman and Sterling LLP (U.S.A.), Societe Generale (France) and University Of Queensland (Australia).
  • 12.5 Million Virtual Machines are protected with Veeam Availability Solutions.
  • Expansion to 43,000 ProPartners worldwide: Veeam’s commitment to the channel continues to attract new resellers and VARs to availability solutions.
  • Microsoft Hyper-V new license bookings: 37 percent growth over the same period during the previous year.
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Chris Fernando

Chris N. Fernando is an experienced media professional with over two decades of journalistic experience. He is the Editor of Arabian Reseller magazine, the authoritative guide to the regional IT industry. Follow him on Twitter (@chris508) and Instagram (@chris2508).

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