Veeam Software revealed a 31 percent year-over-year 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, solidifying the increasing demand for 24.7.365 Availability as enterprises embrace digital transformation.
“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.”
“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,” Paul Mattes, VP of Global Cloud Group, Veeam said. “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 and our channel partners with the technology platform to build and deliver those services to our joint customers.”