Veeam announced another record quarter, powered by massive gains in Enterprise and Cloud revenues. During Q1’17, Veeam achieved a 33 percent YoY increase in total bookings revenue while Enterprise new license bookings grew 17 percent annually. Cloud revenue driven by Veeam Cloud and Service Providers (VCSPs) rocketed 59 percent YoY, aiding enterprises evolve their operations to deliver all-the-time Availability that users require today
 
According to Peter McKay, President and COO at Veaam, “It’s no small feat for a company with more than $600 million in annual bookings to deliver 33% growth YoY, and I’m enormously proud of our entire team. Looking ahead, we expect continued growth for the remainder of this year, fuelled by new Veeam product releases, joint product offerings with our Alliances partners, further share gains in Enterprise, and Veeam-powered cloud solutions.”
 
McKay further noted, “Globally, organisations now recognise they need the 24.7.365 Availability that only Veeam provides. We continue to expand our worldwide Enterprise sales teams to meet that demand, especially in North America and EMEA. These additions will support our customers’ and partners’ strategic digital transformation initiatives.”
 
Effendy Ibrahim, Vice President for Asia & Japan at Veeam also said, “Asia continues to experience strong growth with a staggering 33% increase in total bookings revenue year-over-year. This is a clear indication of the need of Availability in enterprises as they undergo digital transformation, evident in the increased orders from large enterprise within Asia. We are particularly encouraged by the 38% increase in transactions year-over-year in Cloud for the region, continuing our momentum following the launch of Veeam Availability Platform for the hybrid cloud. 2017 continues to be a promising year for us, as we help enterprises of all sizes to ensure they are available 24.7.365 in the Hybrid Cloud world.”
 
Additional highlights from Q1 2017 include:

• DRaaS and BaaS adoption: The Veeam Cloud Business, which offers service providers with ready-made opportunities to offer Disaster Recover-as-a-Service (DRaaS) and Backup-as-a-Service (BaaS), reported 59 percent YoY revenue growth.

• Enterprise growth and momentum: At the end of Q1 2017, Veeam counted 74 percent of the Fortune 500 and 56 percent of the Global 2000 as customers. Enterprise new license bookings grew 17 percent annually.

• 242,000 customers worldwide: Veeam added close to 12,000 total paid customers in Q1 2017, keeping pace with the historical new customer acquisition average of roughly 4,000 per month.

• 13.9 million virtual machines (VMs) are protected with Veeam Availability solutions. Over 1 million of these VMs are secured via Veeam Cloud Service Providers (VCSPs).

• Partner expansion: Veeam’s 100 percent commitment to the channel continues to entice new resellers. There are now 47,000 Veeam ProPartners and 15,000 VCSPs across the globe.

• Strengthened Alliances: Veeam joined the Hewlett Packard Enterprise (HPE) Complete program. The program adds Veeam solutions to HPE’s price list so that customers can buy complete HPE and Veeam solutions directly from HPE and its resellers, offering a one-stop shop for the validated solution. Veeam also unveiled the only fully integrated Data Protection solution for Cisco HyperFlex, offering the first native snapshot capability for the hyper-converged infrastructure offering.

Registration is now open for VeeamON 2017, the world’s Premier Hybrid Cloud Availability Event, which will take place in May 16 – 18, 2017 in New Orleans, LA. Keynote speakers will include Mark Russinovich, Chief Technology Officer for Microsoft Azure, and Sanjay Poonen, COO, Customer Operations, VMware.