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New Veeam Backup for Microsoft Office 365 Version 3 is now available

New Veeam Backup for Microsoft Office 365 Version 3 is now available

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The new version of Veeam’s fastest growing product will further cement the Veeam’s dominance in the Microsoft Office 365 backup market, providing businesses with 30x faster backup, improved security and enhanced customer visibility and analytics.

Veeam Software, a leader in backup solutions that enable Intelligent Data Management, has announced the new Veeam Backup for Microsoft Office 365 v3, offering organisations even faster backup, improved security, enhanced visibility and analytics.

As enterprises are responsible for protecting their Office 365 data, Veeam’s solution delivers secure backup for Office 365 Exchange Online, SharePoint Online OneDrive for Business and Microsoft Teams, enabling quick recovery of individual items and efficient eDiscovery of backup data for Office 365 or hybrid environments.

“A majority of organisations are adopting the Microsoft Office 365 platform and while Microsoft provides management and uptime for the cloud-based services, it is the individual company’s responsibility to protect their data. Veeam’s innovative solutions give organisations the control to intelligently manage and retain access to their business-critical information for regulatory governance, compliance and recovery purposes,” said Danny Allan, Vice President of Product Strategy at Veeam.

“And it is resonating with businesses across the globe. Veeam Backup for Microsoft Office 365 has been downloaded by more than 55,000 organisations, representing seven million Office 365 users.  This solution represents 549% year-over-year growth and now takes the place as our fastest-growing product. With the market acceptance and demand of this solution, we expect version 3 to further accelerate our dominance in this space.”

The rapid market adoption and growth of Microsoft Office 365 has also created an opportunity for service providers to offer backup solutions to the more than 140 million Office 365 users in a $2.5 billion market. With Veeam Backup for Microsoft Office 365 v3, Veeam Cloud and Service Providers (VCSPs) assist with secure backup of Office 365 Exchange Online, SharePoint Online and OneDrive for Business data; quickly restoring individual items through a number of flexible receiver options and providing the capability to efficiently automate and scale an Office 365 backup revenue stream.

Veeam Backup for Microsoft Office 365 v3 eliminates the risk of losing access to business-critical data and ensures the organisation remains in control. Version 3 makes it easier to efficiently back up and reliably restore Office 365 Exchange, SharePoint and OneDrive data with:

  • Up to 30x faster backup for SharePoint Online and OneDrive for Business, dramatically shortening Office 365 backup windows from hours to minutes and from minutes to mere seconds.
  • Improved security for Office 365 backup data with support for multi-factor authentication.
  • Enhanced visibility and analytics with Office 365 data protection reports that assist with identifying unprotected mailboxes while managing license and storage use 

Steven Hill, senior storage analyst at 451 Research, said: “Adopting Office 365 adds a flexible cloud dimension to storing and sharing business data; however, data protection isn’t included. Maintaining a backup that’s independent of the Office 365 ecosystem offers assured data access, protection and greater control over business-critical email and documents. Furthermore, the independent backup can serve as a reference dataset for applications such as eDiscovery and analytics.”

Preben Berg, CTO at Cloudio, a Silver Veeam Cloud and Service Provider (VCSP) partner, said: “Veeam Backup for Microsoft Office 365 v3 is significantly faster, providing greater efficiency. With the previous version, the initial full backup for OneDrive and SharePoint site took about 35 minutes running in parallel. Now, we were able to finish it all in five minutes.”

Joshua King, senior infrastructure and automation administrator of Hastings District Council agrees that increased backup speed and quick restoration is an unquestionable benefit.

He said: “SharePoint Online (and by extension OneDrive) backup times have significantly improved from upwards of five hours to no more than 30 minutes allowing us to run our backup jobs hourly for a greater RPO.”

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