Kasten by Veeam,
the market leader for Kubernetes backup and recovery, announced
near triple digit Annual Recurring Revenue (ARR) year-over-year growth
in fiscal year 2022, driven by strong demand for simple, secure
protection for Kubernetes deployments. Kasten, the fastest growing
business within Veeam, also expanded its footprint by doubling the size
of its staff and extending its presence in the enterprise space and key
vertical markets such as finance, wireless telecom, and the public
sector.
"Kasten by Veeam had a fantastic year reflecting the growth in demand
for backup and disaster recovery tools within containerized
environments," said Gaurav Rishi, Vice President of Product Management
at Kasten by Veeam. "Based on how our customers are using Kubernetes, we
believe there will be an acceleration of interest this year as
companies pivot to DevOps and automation. It's an exciting time for
Kasten by Veeam as we continue to deliver incredible innovation that is
helping more customers realize the potential of containers to solve
real-work business challenges."
The release of K10 V5.5 at the end of 2022 provides powerful new
capabilities around Autonomous Operations and Cloud Native Expansion. It
addressed challenges found in Kubernetes around operational complexity
at scale and across diverse deployment environments while supporting an
organization's ability to automate data management tasks. With
containers and Kubernetes trending to a mainstream production platform,
the company anticipates that third-party backup tools will become the
norm in data protection.
According to recent ESG research commissioned by Kasten, "83% of
organizations will be using containers in the next 12 months," said
Christophe Bertrand, Practice Director at ESG. "The container backup
market will continue at a fast pace, considering 93% of organizations
think it is important to have a container backup and recovery management
solution that works across multiple public cloud infrastructure."
Kubernetes adoption has exponentially increased over the years, and the
need for greater data protection is expected to continue this growth
trajectory, making education a key step to success. Kasten's learning
platform, KubeCampus.io, which offers free Kubernetes courses and
hands-on labs, saw a 50% increase in users in 2022 - surpassing 15,000
users and 12,000 labs taken by the end of the year.
For more information on Kasten by Veeam, please visit www.kasten.io or try K10 for FREE.