BAAR, Switzerland: January 17, 2017: Veeam® Software, the innovative provider of solutions that deliver Availability for the Always-On Enterprise™, today announced record results for Q4 2016 and FY 2016: 28 percent YoY growth and $607.4M in total revenue bookings, fueled by accelerated enterprise and cloud revenues which were driven by the critical need for enterprises of all sizes to ensure they are available 24.7.365 in the Hybrid Cloud world.
“2016 was a fantastic year for Veeam across the board, driven by users’ insatiable appetite for anytime, anywhere access to data, applications and workloads,” said Peter McKay, Veeam’s President and COO. “As organizations work to digitally transform every aspect of their business, CIOs are quickly coming to realize that these IT investments won’t be worth much if they can’t guarantee that they will be ’Always-On’. We’ve seen incredible growth in demand for the Veeam Availability Suite from all sectors of the market, but especially from the Fortune 500 and Global 2000.”
Additional highlights from Veeam’s 2016 results include:
“Thanks to Veeam backup and Veeam Cloud Connect with OffsiteDataSync, we are seeing an 80 percent reduction in operational load,” said Jason Weinstein, Vice President, data center operations at Premise Health, the leading worksite health and patient engagement company in the United States. “By avoiding the backup to tape to backup to disk scenario, our teams now are spending 1/8 of their time on backup. This allows us to focus on other initiatives while saving the equivalent of two full-time employees.”
2016 was an outstanding year for Veeam on many fronts:
“Veeam Availability Platform is a game changer,” said Sachin Jain, CIO (Global Brand Operations) & CISO, Evalueserve, “by reshaping businesses across verticals, providing ease of recovery and higher availability across different platforms, and being a single point of recovery for organizations.”
“The simplicity and power of Veeam solutions are the driving force behind SingleHop’s substantial growth in cloud-based business continuity services,” said Jordan Jacobs, Vice President of Products at SingleHop, a leading provider of on-demand infrastructure and managed cloud services and a platinum VCSP partner. “With the introduction of Veeam Availability Suite 9.5, which SingleHop integrated on the day of Veeam’s release, we don’t expect this momentum to slow anytime soon. Our Virtual Private Cloud customers couldn’t be happier with the unrivaled flexibility and control provided through features like the self-service backup and restore portal.”
For more information visit https://www.veeam.com/.
About Veeam Software
Veeam® recognizes the new challenges companies across the globe face in enabling the Always-On Enterprise™, a business that must operate 24.7.365. To address this, Veeam has pioneered a new market of Availability for the Always-On Enterprise™ 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 recoverability, 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, while always supporting the current and future business goals of Veeam customers.
Founded in 2006, Veeam currently has 45,000 ProPartners and more than 230,000 customers worldwide. Veeam's global headquarters are located in Baar, Switzerland, and the company has offices throughout the world. To learn more, visit https://www.veeam.com.