Intelligent CIO Logo
Intelligent TechnologyMore NewsSoftwareTop Stories

Veeam reports 39th straight quarter of double-digit bookings growth

Veeam reports 39th straight quarter of double-digit bookings growth

Veeam has reported its 39th straight quarter of double-digit bookings growth

Veeam Storage, a leader in Intelligent Data Management for the Hyper-Available Enterprise, has announced results from quarter one 2018.

In its 39th straight quarter of record bookings growth, Veeam delivered 21% growth year-over-year (YoY) in total bookings. With another 12,000 customers added to its current total of 294,000, and 58% YoY growth in named enterprise accounts, Veeam is on track to achieve its goal of becoming a US$1billion company in 2018.

“Our mission is to enable the enterprise to meet the expectations of a world that demands the Hyper-Availability of data by being the most trusted provider of Intelligent Data Management solutions,” said Peter McKay, Co-CEO and President of Veeam.

“With the most complete Hyper-Availability Platform to protect any data, any app on any cloud, we are helping nearly 300,000 customers navigate the journey from the old world of periodic backups and white-knuckle recovery to a new world of self-learning data operating in an intelligently automated system that spans the hyper-extended enterprise.

“This commitment to our customers is our engine of growth that will drive achieving our 2018 objective of US$1billion in total bookings.

“To accomplish our mission and our growth objectives, we’ve made significant investments in our engineering and development teams, expanded our marketing and branding, added additional programmes and support initiatives to our partner programmes, extended our alliance relationships and offerings and increased our focus on the large enterprise.

“The outcome has been strong results in all geographies, with all reporting double-digit YoY total bookings growth for quarter one.

“We are off to another great start for another record year and I have complete confidence that our continued momentum, executive leadership, and our unique Hyper-Availability Platform will enable us to become the next billion-dollar software company this year.”