GEC NEWS WIREVeeam Software has been positioned by Gartner in the Leaders quadrant of the June 2016 Magic Quadrant for Data Center Backup and Recovery Software.
This 2016 “Magic Quadrant for Data Center Backup and Recovery Software” is a refocus and update to the “Magic Quadrant for Enterprise Backup Software and Integrated Appliances” that was last published in June 2015. The renamed Magic Quadrant and updated market criteria are in response to Gartner client requests to focus more on backup and recovery software for the upper midsize to large enterprises that protect data center workloads managed by data center personnel.
Ratmir Timashev, CEO of Veeam said, “As Gartner states, ‘A fundamental sea change is occurring in the backup and recovery market. For vendors to have long-term success, they must plan to address the legacy requirements of traditional backup and recovery, while looking to expand their integration with and exploitation of emerging applications, hypervisors, snapshot and replication technologies, and public cloud capabilities.”
Veeam announced a 24 percent year-on-year (YoY) growth in total bookings revenue for Q1 2016, further demonstrating the industry’s growing appetite for Availability. With 75 percent YoY increase in total bookings revenue from large-sized deals,
