Veeam is all Smiles with Record Q2 Results

9 years ago

64 percent growth in enterprise sector as companies recognize limitations of legacy backup; reports 70 percent of Fortune 500 using Veeam Availability Solutions for modern data centers

Veeam has revealed highlights of its Q2 2015 results, including a 22 percent increase in total revenue bookings over the same period last year. In addition, Veeam reports a 64 percent year-over-year growth in revenue specifically from enterprise customers, with 70 percent of Fortune 500 and 48 percent of the Global 2000 now Veeam customers.

For the third consecutive year, Veeam has been included in the Visionaries quadrant of the 2015 Gartner Magic Quadrant for Enterprise Backup Software and Integrated Appliances.

“We continue to see enterprises migrate from legacy backup to modern data center availability solutions as they begin to realize that backup alone is not enough to meet the expectations of their stakeholders,” said Ratmir Timashev, CEO at Veeam. “During the last quarter we saw strong growth in not just our enterprise business, but we also broke the 150,000 barrier in terms of total number of customers, further indicating that businesses of all sizes are tired of legacy backup and are hungry for next generation availability solutions as delivered by Veeam.”

Andre Bromes, Senior Vice President and CIO at Goodwill Industries of Greater New York and Northern New Jersey, says. “Veeam not only gave us a way to protect our intellectual property but also a way to maintain the integrity of our data. With Veeam we get the most out of backup, recovery and replication. Veeam transformed IT for us, helping us move from a DR plan to a business continuity plan.”

Additional highlights from Q2 2015 include New Veeam Availability Suite v9, Strong growth in cloud, 157,000 customers in 200 countries, Microsoft Hyper-V new license bookings, Expansion to 33,000 ProPartners worldwide and employee growth.