Baar, Switzerland – April 30, 2015: Veeam® Software, the innovative provider of solutions that deliver Availability for the Modern Data Center™, today announced highlights of its Q1 2015 results, including a 22 percent increase in total bookings revenue over the same period last year.
The release of the Veeam Availability Suite™v8 has created a new category of IT solutions, Availability for the Modern Data Center™, which has helped to fuel these record results. The new release includes more than 200 new features and enhancements, such as the new Veeam Cloud Connect capability and integration with NetApp as well as major enhancements to replication and disaster recovery. Initial customer adoption of Veeam Availability Suite v8 has exceeded all expectations. By the end of Q1, less than five months after the general release, close to 50 percent of existing customers had already upgraded their licenses to v8.
“We've kicked off 2015 with another quarter of record results,” said Ratmir Timashev, CEO at Veeam. “Customers continue to download the latest release of Veeam Availability Suite faster than any previous new version, close to 1,000 downloads each day, and we expect that rapid adoption to continue because only Veeam can meet their requirements for solutions that deliver data center availability. Veeam’s availability solutions already protect close to 8.5 million virtual machines in more than 200 countries worldwide, and we plan to accelerate this momentum with additional new products, updates and partnerships throughout 2015, as we proceed towards our goal of $1 billion in annual revenue by 2018.”
Additional highlights from Q1 2015 include:
Veeam helps organizations become an Always-On Business by meeting recovery time and point objectives (RTPO™) of less than 15 minutes for all applications and data, through a fundamentally new kind of solution that delivers high-speed recovery, data loss avoidance, verified protection, leveraged data and complete visibility.
VeeamON 2015: The World’s Premier Data Center Availability Event, will take place October 26–29, 2015 at the Aria Resort and Casino in Las Vegas, NV. For the second consecutive year, Veeam will bring together industry-leading experts, Veeam customers and partners who will learn about enabling the Always-On Business. Pre-registration is now open.
About Veeam Software
Veeam® recognizes the new challenges companies across the globe face in enabling the Always-On Business™, a business that must operate 24/7/365. To address this, Veeam has pioneered a new market of Availability for the Modern Data Center™ by helping organizations meet recovery time and point objectives (RTPO™) of less than 15 minutes for all applications and data, through a fundamentally new kind of solution that delivers high-speed recovery, data loss avoidance, verified protection, leveraged data and complete visibility. Veeam Availability Suite™, which includes Veeam Backup & Replication™, leverages virtualization, storage, and cloud technologies that enable the modern data center to help organizations save time, mitigate risks, and dramatically reduce capital and operational costs.
Founded in 2006, Veeam currently has 30,500 ProPartners and more than 145,500 customers worldwide. Veeam’s global headquarters are located in Baar, Switzerland, and the company has offices throughout the world. To learn more, visit http://www.veeam.com.