Veeam Software has announced that it has achieved 36 straight quarters of double digit growth and major market share gains from legacy backup providers, with the company overtaking Commvault in marketshare and industry leader recognition. Further to this, the company said its worldwide revenue bookings pace in Q2 ’17 of 27 percent YoY.
In Gartner’s Backup & Recovery Marketshare Report 2016, Veeam was ranked No. 4 globally with a 27 percent year-over-year (YoY) growth, surpassing legacy backup providers who posted flat or single-digit growth. Similarly, within IDC’s Software Tracker, Data Protection 2016 Veeam was positioned in the top four vendors
Veeam in the Middle East recorded very strong growth. Some of the key performance results include:
- 41% YoY total bookings revenue growth
- Number of customers now stands at over 2,300 with 23% net new customers added YoY. There were enterprise customer wins across a wide variety of verticals.
- Total number of ProPartners in the region has reached 1,100 with a 32% YoY addition of ProPartners.
- The Veeam Cloud Service Provider (VCSP) programme has enjoyed great success with a 42% YoY increase in VCSP transactions.
Gregg Petersen, Regional Sales Vice President, MEA at Veeam says, “According to the latest Veeam Availability Report, 82 enterprises in the Middle East admit to suffering an ‘Availability Gap’ (the gap between users demand for uninterrupted access to IT services and what businesses and IT can deliver), which is impacting the bottom line to the tune of $21.8 million per year, and almost two thirds of respondents admit that this is holding back innovation. Companies that want to succeed in today’s fiercely competitive business environment realize that anything less than 24.7.365 access to data and applications is unacceptable. There is zero tolerance for downtime. CIOs and IT managers are also beginning to understand that legacy backup and recovery solutions no longer suffice as they virtualize their infrastructure and move to the cloud. Availability solutions for the modern data centre is the way forward. This is driving a lot of interest in our solutions, which is reflected in our strong business showing.”
