Veeam Software, reported 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, a 22 percent increase over the previous fiscal year, and 34 percent year-over-year revenue growth in enterprise orders. Both Q4 2015 and annual results once again show that enterprises are embracing Veeam’s innovative approach of delivering availability solutions, which enable SLAs (service level agreements) for recovery time and point objectives (RTPO) of less than 15 minutes for ALL applications and data.
“It’s clear from our 2015 results that Veeam has become the standard in the availability market and that enterprise demand for Veeam Availability solutions continues to accelerate rapidly. Our results are in stark contrast with the declining revenue performance of the largest legacy backup competitors.” said Ratmir Timashev, CEO at Veeam.
The company believes that Veeam Availability Suite v9 will enable it to continue to grab additional market share in 2016, especially in the enterprise sector.
