Veeam Announces Record Results for Q1 2015
Veeam Software, the innovative provider of solutions that deliver Availability for the Modern Data Center™, today announced highlights of its Q1 2015 results, including a 22 percent increase in total bookings revenue over the same period last year.
The release of the Veeam Availability Suite™v8 has created a new category of IT solutions, Availability for the Modern Data Center™, which has helped to fuel these record results. The new release includes more than 200 new features and enhancements, such as the new Veeam Cloud Connect capability and integration with NetApp as well as major enhancements to replication and disaster recovery. Initial customer adoption of Veeam Availability Suite v8 has exceeded all expectations. By the end of Q1, less than five months after the general release, close to 50 percent of existing customers had already upgraded their licenses to v8.
“We’ve kicked off 2015 with another quarter of record results,” said Ratmir Timashev, CEO at Veeam. “Customers continue to download the latest release of Veeam Availability Suite faster than any previous new version, close to 1,000 downloads each day, and we expect that rapid adoption to continue because only Veeam can meet their requirements for solutions that deliver data center availability. Veeam’s availability solutions already protect close to 8.5 million virtual machines in more than 200 countries worldwide, and we plan to accelerate this momentum with additional new products, updates and partnerships throughout 2015, as we proceed towards our goal of $1 billion in annual revenue by 2018.”
Additional highlights from Q1 2015 include:
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