Veeam Software’s main achievements during third quarter

Veeam Software, a leader in backup solutions that deliver Cloud Data Management, has revealed the company’s main achievements during the third quarter.
Veeam Software channel eventVeeam Software reported that its annual recurring revenue (ARR) increased 21 percent year-over-year  for Q3 2020.

Veeam Software has 400,000+ customers worldwide. Veeam is fueling its growth by continuing to take share in the core datacenter backup and recovery market while also embracing new solutions to support organizations’ cloud data protection needs.

Veeam’s fastest growing product, Veeam Backup for Microsoft Office 365, achieved 85 percent product growth.

“Cloud, Cyber Security and Modern Data Protection are the three pillars that form the foundation driving Digital Transformation (DX) and enable organizations to unleash the power of their data to deliver a rich customer experience,” said Bill Largent, CEO at Veeam.

Veeam technology alliance resell agreements with Cisco, Hewlett Packard Enterprise (HPE), NetApp, and Lenovo reported 17 percent YoY growth, and 20 percent quarter over quarter (QoQ) increase in number of deals closed.

Over half a million customers have downloaded Veeam Backup and Replication v10 since the release in February.

For the fifth consecutive year, Veeam was named to the Forbes Cloud 100, the ranking of the top 100 private cloud companies in the world, published by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures.

Veeam has reached 400,000 customers worldwide, including 83 percent of the Fortune Global 500 and 69 percent of the Forbes Global 2000.

“Veeam’s recent acquisition of Kasten demonstrates the company’s intent to respond to customers growing demand for a single solution that allows them to protect data and applications, whether those applications be cloud-native container applications, virtual or physical workloads,” said Phil Goodwin, research director at IDC.

“Veeam supports our banking operations and top business priorities — data protection, BC and DR, regulatory compliance and TCO — at the highest level with minimal effort,” Efthymios Bekas, assistant manager, IT Systems Division, Alpha Bank, said.

Dutch State Mines (DSM) specializes in sustainable solutions for the health, nutrition and materials sectors.

“By partnering with Veeam, our organization has a consolidated data management platform which protects enterprise applications, in physical, virtual and public cloud environments. In addition, the enhanced capabilities of Veeam v10 ensure uptime and data recoverability,” Marcel Janssen, Delivery Coordinator Local Business Applications, DSM Group Business Services, said.

“In a disaster situation, we know we can fail over to a replica at our DR site, fail back to our production site and restart the business quickly. I don’t know what we’d do without Veeam,” Asaf Frid, IT System Manager, Hertz, said.

“Veeam provides the enterprise scalability and product maturity required to meet the needs of our banking customers. Our customers expect 100 percent data integrity, and Veeam underpins our ability to provide it,” Colin Chatelier Manager of Storage and Compute, Europe, Rabobank, said.

“With Veeam v10 physical to virtual restore capabilities, we have the flexibility to resume operations without being locked to specific hardware,” Niels Spieard, Functional Expert PCD-IT, Shell Information Technology International, said.