Veeam Software registered a 24 percent year-on-year (YoY) growth in total bookings revenue for Q1 2016, further demonstrating the industry’s growing appetite for Availability. Veeam continues to see impressive growth in the cloud, especially as the demand for Disaster Recovery as a Service (DRaaS) intensifies. Celebrating its sixth year, 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 82 percent in the number of transactions year-over-year.
Ratmir Timashev, CEO, Veeam said, “The state of backup is not going to get any better. What’s needed and demanded is Availability. Veeam continues to help enterprises solve this challenge, and our Q1 results show that demand for Veeam Availability solutions continues to accelerate rapidly and we fully expect this growth to continue at a similar pace for the rest of 2016.”
Peter Ruchatz, CMO, Veeam said, “All organizations, regardless of industry or size, are turning to technology to radically improve their performance and overall customer experience. There is no room for complacency in the fast-moving digital world and no excuses for downtime.”
Will Baccich, CEO, Global Data Vault, (a Gold Veeam Cloud & Service Provider (VCSP) partner) said, “That high level of support is unlike anything we’ve had the opportunity to work with previously. Veeam has helped us grow our cloud-based DRaaS business rapidly, while maintaining 100 percent reliable quality for our customers.”