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Veeam continues to see demand for Availability solutions globally

In India, digital transformation and cloud computing take centre stage for CXOs to drive business momentum. As a result, Veeam continues to see increased demand for Availability solutions as well as experiences a mammoth growth in 2017. Veeam announced record-breaking results for FY 17-18, a massive 500% annual growth for deals over $1 million with more than $500,000+ deals in 2017 than in the past six years combined. Additionally, central component of Veeam Availability Platform, Veeam Availability Suite, sales grew by 48% in 2017 which enables enterprises to abandon complex, costly piece-part legacy backup solutions.


Last year, Veeam's global business saw record fourth-quarter and full-year results, with 28% year-on-year growth and $607.4 million in total revenue bookings. Veeam has surpassed expectations by achieving $827 million in total bookings revenue in 2017, an increase of 36% year-over-year due to explosive growth in revenue generated by large companies and the cloud.


Veeam’s continued innovation, enabling various enterprises to ensure their availability of virtual, cloud and physical workloads resulted in Veeam’s consistent growth.


According to Peter Mckay, Co-CEO & President, Veeam, “Organizations across the globe are dealing with massive data sprawl, and the need to ensure Availability of data and applications across a complex multi-cloud environment has never been greater.” “Veeam strengthened relationships with key alliance partners, such as Cisco, NetApp, and HPE, which has driven more than $100 million in revenue, and we added rich experience to our teams across the globe, and these steps have all contributed to our amazing success,” added McKay.


Veeam’s extended partnerships with HPE, Cisco, NetApp, IBM Cloud, VMware, etc assisted enterprise companies to identify, purchase and implement Availability solutions easily. Veeam has nearly 18,000 VCSP partners, with more than 1,200 new providers coming online in 2017.


Tags: Veeam, Availability solutions globally, digital transformation, cloud computing, cxos, Veeam Availability Platform, Veeam Availability Suite, Peter Mckay veeam, varindia