Veeam
Software, the innovative provider of solutions that deliver Availability
for the Modern Data Center, today released highlights of its FY
2014 results, reporting total bookings revenue of $389 million, a 40
percent increase over the previous fiscal year. In addition, the fourth
quarter of 2014 marks Veeam’s 28th consecutive quarter in which total
bookings revenue has experienced double-digit percentage sequential
growth.
The release of the new Veeam
Availability Suite v8 helped fuel these record results by creating a
new category of IT solutions: Availability for the Modern Data
Center. Veeam Availability Suite v8 introduces more than
200 new features and enhancements, including Veeam
Cloud Connect, integration with NetApp and major enhancements in
replication and disaster recovery. Veeam helps organizations become an
Always-On Business™ by meeting 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 protection, leveraged data and complete
visibility.
”The modern business operates 24/7 and downtime is not accepted – ever –
so business leaders are looking for technology partners that can help
them deliver the Always-On Business; Veeam’s success in 2014 clearly
illustrates that we are delivering innovative availability solutions
that solve real-life business challenges,” said Ratmir Timashev, CEO at
Veeam. “Our release of Veeam Availability Suite v8 was even more
successful than we had anticipated, with more than a third of our
customers upgrading within the first 60 days. It’s a testament to the
strong demand for solutions that can deliver data center availability.
With close to eight million virtual machines worldwide ensured by Veeam
availability solutions, we are transforming the modern data center by
bringing together virtualization, cloud and storage technologies, and
our continued growth illustrates the success of our vision and
execution. 2014 was a great year, and we fully expect our momentum to
continue, carrying us toward our goal of $1 billion in annual revenue by
2018.”
Additional highlights from FY 2014 include
-
Surpassed $1 Billion in Lifetime Bookings Revenue: Since the
company introduced its first product in 2007, Veeam has generated more
than $1 billion in revenues;
-
Strong New License Bookings: $288 million, representing 33
percent growth over the previous fiscal year;
-
Robust Renewals Bookings: $101 million, representing 66 percent
growth over the previous fiscal year;
-
44,000 New Customers: Veeam now has more than 135,000 total
paid customers worldwide adding an average of 4,000 new customers each
month;
-
Strong Growth in Cloud: The Veeam Cloud Provider (VCP) Program
reported rental and subscription bookings growth of 106 percent over
the previous year. Veeam now has nearly 6,800 service and cloud
providers as part of the Veeam Cloud Provider (VCP) program worldwide,
adding 2,500 in 2014;
-
Doubled Microsoft Hyper-V New License Bookings: 105 percent
growth over the previous year; and
-
Expansion to 29,000 ProPartners worldwide.
VeeamON 2015: The World’s
Premier Data Center Availability Event will take place October
26–29, 2015 at the Aria Resort and Casino in Las Vegas, NV. For the
second consecutive year, Veeam will bring together industry-leading
experts, Veeam customers and partners who will learn about enabling the
Always-On Business. Pre-registration is now open.