Veeam reports 64 percent growth

Ratmir Timashev, CEO at Veeam
Ratmir Timashev, CEO at Veeam Software
Veeam reported a 64 percent year-over-year growth in revenue specifically from the enterprise customers. The company claims 70 percent of Fortune 500 and 48 percent of the Global 2000 are now Veeam customers, while Q2 2015 saw a 22 percent increase in total revenue bookings over the same period last year.

“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. 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.” said Ratmir Timashev, CEO at Veeam.

The company said, Veeam Cloud Provider (VCP) program reported an increase of 88 percent in the number of transactions year-over-year. Veeam now has 8,500 service and cloud providers as part of the VCP program worldwide, including more than 850 service providers licensed to offer services for Veeam Cloud Connect.

Veeam stated that it added 11,700 total paid customers in the Q2 2015, taking the total number of customers the company has now to 157,000 spread across 200 countries.

Veeam also saw big uptake for its ProPartners program and by end of Q2 2015, 33,000 partners are part of its partners program worldwide, which has resulted in protecting 9.1M virtual machines globally.

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