GEC NEWS WIREAchieves 54% YoY Growth in Middle East and registered global revenue of $474 million
Veeam Software has released the highlights of its FY 2015 results, reporting a 54 percent increase in total bookings revenue in the Middle East over the previous fiscal year, and 43 percent year-over-year revenue growth in enterprise orders. The company achieved nearly a 30 percent increase in net new customers and over 20 percent increase in new ProPartners in the region as compared to the previous year.
Globally the company registered total bookings revenue of $474 million.
“With Veeam Availability Suite v9, we fully leveraged our strong history of innovation to create an availability solution that enables us to expand into the enterprise sector further than ever before,” said Ratmir Timashev, CEO of Veeam.
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 75 percent in the number of transactions year-over-year.
“Veeam Availability Suite v9’s release is a game-changer for the DRaaS market,” said Ian McClarty, President at phoenixNAP, a Veeam Gold VCSP Provider. “The new Veeam Cloud Connect Replication feature will allow us to bring true disaster recovery services, with strong SLAs, to enterprises of all shapes and sizes.”
