Veeam achieves 37th quarter of record bookings growth

Veeam Software, the Availability for the Always-On Enterprise innovator, today announced it has reached another company milestone: surpassing 16,700 service provider partners in response to the high demand for Veeam-powered cloud offerings for data availability, protection and management.  

“Customers are adopting our multi-cloud solutions at record pace. It took six years for Veeam to clear $50 million in bookings for our cloud business. Today, we now report $54 million in three quarters,” said Peter McKay, Co-CEO and President of Veeam. “This quarter, we surpassed the bookings in our cloud business, exceeding what we did in that business in all of 2016. With an increase of 72 percent year-over-year Cloud bookings for Q3 and more than 1 million VMs now protected with Veeam-powered cloud services from our Veeam Cloud & Service Provider partners, our momentum is clear – Veeam has now expanded its leadership position as the No. 1 Availability provider for any app, any data, on any cloud.”

Laura DuBois, Group Vice President for IDC’s Cloud IaaS, computing platforms, storage, and system infrastructure software research said, “Veeam continues to outperform the overall market. Its vision for availability across any app, any data, and on any cloud, positions the company for continued growth backed by its well-known reputation for stellar execution in the market to quickly address customer needs for data Availability.”

In today’s digital economy, organizations are embracing a multi-cloud strategy to drive increased innovation, speed time to market, and optimize cost. But as workloads expand, and user expectations for Availability increase, many organizations are left vulnerable. Veeam’s momentum in the space is testament to the company’s vision and its ability to protect the most critical workloads across any cloud.

To continue to satisfy the needs of service provider partners, meet the needs of their customer’s environments, and differentiate themselves from the competition, Veeam has expanded its product portfolio to provide an even greater range of cloud offerings.

Veeam is offering free licensing of new products to partners in the Veeam Cloud & Service Provider (VCSP) program through the end of the year. Veeam is also offering Veeam Availability Console as a free product for VCSP partners, further delivering on its commitment to leverage service providers as a way to meet the demand for Availability in the cloud.

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