{"id":2682,"date":"2020-08-03T10:37:41","date_gmt":"2020-08-03T10:37:41","guid":{"rendered":"https:\/\/outsourcing-today.ro\/?p=2682"},"modified":"2020-08-03T10:37:41","modified_gmt":"2020-08-03T10:37:41","slug":"veeam-reports-biggest-q2-in-company-history","status":"publish","type":"post","link":"https:\/\/outsourcing-today.ro\/?p=2682","title":{"rendered":"Veeam reports biggest Q2 in company history"},"content":{"rendered":"

Veeam\u00ae Software<\/span><\/a>, the leader in Backup solutions that deliver Cloud Data Management™, today announced an annual recurring revenue (ARR) increase of 20 percent year-over-year (YoY) for Q2\u201920 \u2013 the biggest second quarter in the company\u2019s 14-year history.\u00a0<\/span>In addition, Veeam reported its largest ever quarter for total bookings of its fastest growing product, Veeam Backup for Microsoft Office 365, with an\u00a0<\/i>89 percent YoY<\/span>\u00a0increase and a 75 percent YoY gain in overall subscription bookings. As further testament to Veeam\u2019s continued performance,\u00a0<\/i>Gartner recently published its\u00a0<\/span><\/span>2019 Market Share: All Software Markets, Worldwide<\/span><\/a>\u00a0research, and with sustained multiyear revenue gains, Veeam has increased in market share to become the third largest provider of backup and recovery software<\/span> <\/span><\/p>\n

\"\"\u201cThe continuous growth of Veeam and its success is a confirmation of our vision and strong commitment to innovation. I am proud that Veeam Romania, a team built from scratch in just five years, and which today has more than 600 employees, has contributed through strong partnerships with customers, as well as through continuous collaborations with our partners, to deliver Cloud Data Management solutions for companies, regardless of their size and to contribute to the rapid development of digital transformation,” said Andrei Romanescu, General Manager of Veeam Software Romania.<\/span><\/p>\n

\u201cAs employees are transitioning to the new \u2018work from home\u2019 environment, data protection and availability are now more important than ever,\u201d said Bill Largent, CEO at Veeam. \u201cJust as employers must protect the health, safety and welfare of their employees, they must also have solid business continuity plans in place and protect the most important asset of their organization \u2013 their data. During Q2\u201920, Veeam continued to accelerate its business and growth trajectory with our broad ecosystem of partners, and we have maintained a customer-first ethos. Our innovation, combined with our company momentum, will make 2020 a historic and significant year for Veeam and our partners.\u201d\u00a0<\/span><\/p>\n

A major highlight of Q2 was VeeamON 2020, the world\u2019s premier online Data Management event. Initially planned as a physical event in Las Vegas, it transitioned to a two-day online event due to the current pandemic. With close to 30,000 registrants from 148 countries, Veeam delivered a true interactive digital experience for partners and customers with more than 40 breakout sessions, product demos and advanced configurations of Veeam products, and keynotes from Veeam executives and industry speakers from IBM, Microsoft, NetApp, VMware, Pure Storage and IDC. In addition to unveiling Veeam Availability Orchestrator (VAO) v3, Veeam provided a unique preview of what the company is planning for upcoming product releases, including the first sneak-peek of Veeam Availability Suite v11, as well as Veeam Backup\u00a0for Microsoft Office 365\u00a0<\/i>v5.<\/span><\/p>\n

\u201cVeeam kicked off 2020 with news of our\u00a0acquisition by Insight Partners<\/span><\/a>\u00a0at a valuation of approximately $5 billion, followed by our biggest product launch ever \u2013 Veeam Availability Suite (VAS) v10, the industry\u2019s most robust solution for complete data management and protection for hybrid-cloud environments. Both announcements were major game-changing milestones for Veeam and the tech industry,\u201d said Danny Allan, CTO and Senior Vice President of Product Strategy at Veeam. \u201cWith a half-dozen product releases in 2020 already, we\u2019re planning about a dozen total, including Veeam Backup\u00a0for Microsoft Office 365<\/i>\u00a0v5<\/i>\u00a0later this year. The demand for Veeam Backup\u00a0for Microsoft Office 365\u00a0<\/i>has exploded due in part to the new work from home environment, fueling the best quarter to date for that product. Our recent and upcoming product releases provide significant benefits to our customers, further differentiate us from the competition, and provide a strong path forward for growth.\u201d<\/span><\/p>\n

For more information, visit\u00a0https:\/\/www.veeam.com<\/span><\/a>.<\/span><\/p>\n

Customer \/ Partner Quotes<\/span><\/b><\/p>\n

\u201cKeeping life-saving information available to residents is a top priority during a pandemic. Downtime isn\u2019t acceptable in today\u2019s world, and certainly not during COVID-19. This is when cities must have complete faith in their data protection strategy \u2014 we have complete faith because of Veeam.\u201d \u2013 Daryl Polk, Chief Innovation Officer at City of Rancho Cucamonga (CA)<\/span><\/p>\n

\u201cData is invaluable to our customers. It\u2019s one of their greatest assets, and it\u2019s essential to their operations. Veeam helps us keep their data available to boost their business agility and innovation. We balance that availability with security and protection, so they get maximum business value. With so much at stake, there is no room for error.\u201d \u2013 Michael Ohayon, Chief Operating Officer at Webair, Platinum Veeam Cloud & Service Provider (VCSP) partner<\/span><\/p>\n

\u201cVeeam Availability Suite v10 offers two big benefits related to Amazon S3. The first is being able to instantaneously copy the most recent restore point so we can extend the 3-2-1 Rule to object storage. The second benefit is immutability of backups, helping us protect backups from being modified or deleted by hackers and ransomware. Both capabilities broaden our BC and DR strategies.\u201d \u2013 Nick Davies, Senior Systems Administrator at WesCEF<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Veeam\u00ae Software, the leader in Backup solutions that deliver Cloud Data Management™, today announced an annual recurring revenue (ARR) increase of 20 percent year-over-year (YoY) for Q2\u201920 \u2013 the biggest second quarter in the company\u2019s 14-year history.\u00a0In addition, Veeam reported […]<\/p>\n","protected":false},"author":2,"featured_media":2684,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[6,5],"tags":[150],"_links":{"self":[{"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=\/wp\/v2\/posts\/2682"}],"collection":[{"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2682"}],"version-history":[{"count":1,"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=\/wp\/v2\/posts\/2682\/revisions"}],"predecessor-version":[{"id":2686,"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=\/wp\/v2\/posts\/2682\/revisions\/2686"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=\/wp\/v2\/media\/2684"}],"wp:attachment":[{"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/outsourcing-today.ro\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}