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With Over 350,000 Customers, Veeam Reaches $1 Billion in Annual Bookings
At VeeamON 2019, Veeam announced it had achieved $1billion in annual bookings. The software company attributes success to its ability to take advantage of Act 1: Virtualization of the Data Center; now it is gearing up for what it predicts will be Act 2: Hybrid Cloud.
The Co-Founder and EVP Sales & Marketing at Veeam, Ratmir Timashev, is proud to acknowledge that Veeam has been a leader in the VMware backup market for the last ten years. Following his philosophy of being at the right time, right place, with the right product, Timashev plans for Veeam to target cloud data management in an effort to respond to the changing landscape of IT.
Veeam plans to use its vast partner ecosystem to help create easier integration and management for its solutions. This is at the core of what it believes will bring success in Act 2. When Veeam released 9.5 Update 4 in January, cloud was a major focus. Capabilities such as easier migration to cloud, mobility between cloud, backup of cloud workloads, and cost optimized cloud storage, are a clear indication of Veeam’s vision to focus on cloud data management without neglecting its core value proposition of being simple, reliable, and flexible.
Do you currently use the Veeam Availability Suite? Take the time to tell us about your experience.
Source: Veeam at SoftwareReviews, Accessed July 4, 2019
While the majority of organizations will not run everything in the cloud, it is almost impossible that an organization will be “cloud free.” The shift to backing up cloud systems can be observed across the backup and availability market, and while Veeam’s shift in strategy is no surprise, its large and growing partner ecosystem acknowledges the demand for centralized management and turnkey solutions.
Veeam to be acquired by Insight Partners for US$5 billion: On January 9, 2020, Veeam announced that it has entered into a definitive agreement of purchase with Insight Partners.
Zerto 7.5 adds support for Azure Active Directory Managed Service Identity (MSI), which simplifies authentication to Azure services while improving security.
Quest Software’s NetVault Backup v12.4 release adds support for OneDrive to its existing Office 365 (O365) backup capabilities, enabling its customers to better align backup strategy to business requirements, and helping Quest Software keep up with other O365 backup offerings.
Veeam has rolled out new backup features that integrate with Amazon S3 to help users save on storage costs for their backups. This tech is some serious secret sauce.
HPE has ported over InfoSight Predictive Analytics platform from its 2017 acquisition of Nimble to its SimpliVity line, adding AI to the hyperconverged infrastructure (HCI), as announced in an Oct. 28 press release.
Veeam is still running strong in the enterprise and cloud backup markets two business quarters into its 2019 fiscal year. Veeam has announced its second quarter results and the numbers are still impressive.
Cyberattacks are terrible and require the same dedication to overcome them as would any other disaster response effort. Just like natural disasters, cyberattacks cause millions of dollars in damage, disrupt infrastructure, and impede citizens from their daily lives.
Zerto has enhanced its Azure integration to reduce achievable RTOs and recovery cost. Specifically, Zerto’s latest release leverages Azure’s native Virtual Machine Scale-Sets to reduce overhead, speed up recovery, and minimize additional costs incurred during recovery.
Cohesity is the first backup solution to provide native integration with Google Cloud Platform (GCP). This is good for the partners and will give competitors pause.