Wed, Sep 19 2018, 7:11 am

Veeam zooms ahead, about to turn into $1 Billion firm

By Digital Edge Bureau, 24.07.2018, 17:44
 
Veeam_Peter_1

Peter McKay, Co-CEO & President of Veeam

Veeam Software, world’s leading data availability, and data backup & recovery company, has announced results from Q2 2018, marking its 40thconsecutive quarter of double-digit record bookings growth. Veeam delivered 20 percent growth year-over-year (YoY) in total bookings in Q2 2018, and kept pace with its average of more than 4,000 new customers each month. Today, Veeam has more than 307,000 customers worldwide.

“According to IDC, Veeam is the leader in both momentum and company performance in the data protection and recovery software market, surpassing and outpacing legacy vendors that cannot meet customer demands for hyper-availability,” said . “Veeam has attained this leadership position thanks to our strong relationships with our channel partners, strategic alliances, expertise in understanding customers’ needs and demands, and then addressing them with innovative, powerful and easy-to-use solutions”, added McKay.

The APJ growth rate is nearly double the global growth rate YoY, sitting at 38 percent. “Veeam has placed a significant investment in the APJ region, with an increased focus on HyperGrowth markets, China and Japan. This focus has paid off tremendously with both markets reporting growth of over 100 percent YoY. We look forward to continuing on this growth trajectory in the second half of 2018 and taking our customers and partners on this exciting journey with us”, said Shaun McLagan, Senior Vice President, APJ for Veeam.

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