July 19th, 2017 by Adam Armstrong
Veeam 2Q17 Shows Major Market Share Gain
Veeam Software has released its second quarter for 2017 results showing that it has continued to gain market share over legacy backup providers. In fact, Veeam has seen 36 straight months of double digit growth and, according to the company, has overtaken Commvault in marketshare and industry leader recognition.
To say Veeam had a good quarter is a bit of an understatement. This quarter the company saw 27% year-on-year (YoY) total bookings revenue growth (53% YoY bookings growth on $100K+ deals). Veeam added 13,000 new customers, averaging over 4,000 per month, bringing their total customer count to 255,000 worldwide. Veeam increased its Net Promoter Score (NPS) by 11 points to 73, which is more than twice the industry average. And the company saw a big uptick in customers through the reseller agreement it entered with HPE.
Veeam saw good placing in analysts reports for 2016 as well. In Gartner’s Backup & Recovery Marketshare Report 2016, Veeam moved up to number 4 globally. In IDC’s Software Tracker, Data Protection 2016, Veeam placed in the top four vendors. Not only does these improvements cement Veeam as an industry leader, it enabled the company to enjoy "phenomenal" financial gains.
Veeam is also announcing strong partnerships and spreading availability through the industry including:
- Announced at VeeamON 2017, the NEW Extended Veeam ‘Always-On Cloud’ Availability Platform delivers a new Universal Storage API framework adding IBM, Lenovo and INFINIDAT to Veeam’s ever-growing ecosystem of strategic alliance partners which includes HPE, Cisco, NetApp, Dell EMC and Exagrid. These combined solutions enable users to leverage innovative and powerful 1 + 1 = 3 capabilities dramatically improving ‘Always-On’ Cloud Availability and reducing costs without negatively impacting production
- Veeam and Pure Storage collaborated on integrating Veeam Backup & Replication with Pure’s Storage, and accelerating strategic partnership go-to-market efforts. This integration is planned to be available early next year and will provide businesses with the ability to leverage storage snapshots for significantly improved RPO and reduced infrastructure impact, delivering an even higher return on their IT investments
- Veeam is the Premier Availability solution provider for Nutanix virtualized environments and will support Nutanix AHV in its flagship Veeam Availability Suite, allowing joint Nutanix and Veeam customers to benefit from an enterprise-class Availability solution. Veeam has also become a Strategic Technology Partner within the Nutanix Elevate Alliance Partner Program, as well as a featured app in the new Nutanix Marketplace
- The introduction of Veeam for IBM Bluemix provides customers with the ability to backup and protect their workloads running on Bluemix. Veeam Availability Suite for both VMware and Hyper-V allows enterprises to use Veeam to backup their IBM Cloud workloads, but also perform offsite backup and replication to 50+ IBM cloud data centers
- Through a strategic partnership with N2WS, Veeam Availability for AWS was unveiled; the industry’s first cloud-native, agentless backup and Availability solution designed to protect and recover AWS applications and data, helping enterprises reliably move to and manage a Multi-Cloud or Hybrid Cloud environment
On top of this the company has added new executives to its 2,800 employees. They include Brian Bakstran as Vice President of Americas Marketing, and James Mundle as Vice President of Worldwide Channel Programs. Brian Bakstran comes from NetApp where he held the roles of VP Americas Marketing, acting Chief Marketing Officer, and most recently, VP Global Field and Channel Marketing. James Mundle comes from Seagate where he was the VP of Worldwide Channel Sales and before Seagate Mundle spent 10 years at HP in several leadership roles.