Veeam Reports Continued Annual Growth And Market Share Gains
Veeam News, May 14th, 2020
May 14, 2020,
Volume 266, Issue 2

Significant increase in subscription bookings, major new product releases, and focus on global expansion positions Veeam for continued success

Veeam Software, the leader in Backup solutions that deliver Cloud Data Management announced an annual recurring revenue (ARR) increase of 21 percent year-over-year (YoY) for Q1'20.

Now with more than 375,000 customers, Veeam is experiencing major success in market adoption of its unique subscription offerings, including Veeam Universal License (VUL), reporting 97 percent YoY increase in bookings.

Additionally, in the most recent IDC Semi-Annual Software Tracker for Data Replication & Protection 2H'19, Veeam had the fastest revenue growth, both sequentially (9.8 percent) and year-over-year (20.5 percent) in 2H'19, among the top 5 vendors, and overall market average...

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Other articles in the Veeam News section of Volume 266, Issue 2:
  • Veeam Reports Continued Annual Growth And Market Share Gains (this article)

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