Veeam Software Doubles Its Business in ME

11 years ago

Globally, total bookings revenue increased 100 percent in Q2 13 compared to the same period in 2012

Veeam Software, provider of backup, replication and virtualization management solutions for VMware vSphere and Microsoft Hyper-V, announced record results for the second quarter of 2013 continuing its history of accelerated growth of sales, partners and employees based on its Modern Data Protection solutions. Globally, total bookings revenue increased 100 percent in Q2 13 compared to the same period in 2012, and business in the Middle East region doubled over the same period.

In the United Arab Emirates, Veeam’s Middle East regional headquarters, the company’s revenue booking increased by 87 percent in Q2 13 compared to the same period in 2012, while in the Kingdom of Saudi Arabia, revenue booking grew by 100 percent in the same period.

“Looking at our two largest markets in the Middle East, Veeam grew its customer base in the UAE by 55 percent (year on year Q2 2012 compares to Q2 2013) and 45 percent in the Kingdom of Saudi Arabia over the same period,” said Ratmir Timashev, CEO. “The Middle East region represents tremendous potential for us. Our office in Dubai grew rapidly from 1 to over 20 people since its inception in 2011. This is a direct link to the number of customers we are acquiring.”

“The GCC represents a success for us. The UAE, specifically, is a significant growth market, experiencing rapid economic growth and driving the technology with its forward looking, progressive vision. We are pleased to see our business grow throughout the region,” added Timashev.

During GITEX, Veeam Software announced the immediate availability of Veeam Backup & Replication v7 in the Middle East region. Among an array of market-leading features, the solution introduces two disruptive innovations, Built-in WAN Acceleration and Backup from Storage Snapshots, taking Modern Data Protection™ to the next level and receiving excellent reviews from users.