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Veeam reports 46 per cent year-on-year growth amidst virtualisation adoption

Veeam reports 46 per cent year-on-year growth amidst virtualisation adoption

The provider of software for managing and protecting virtual server environments reports 29th consecutive quarter of revenue growth across the region.

Veeam reported today a 46 per cent year on year growth for the Asia Pacific region as enterprises increasingly adopt virtualisation technologies.

In the third quarter of this year, total revenue bookings in APAC grew 46 per cent, while new licence revenue increased 49 per cent compared to the same period last year.

Veeam, which provides software for managing and protecting virtual server environments, says this is the 29th consecutive quarter of revenue growth for the company across the region.

Veeam’s business in New Zealand has seen 23 per cent year-on-year growth in total revenue bookings for Q3 2013.

New licence revenue grew 29 per cent compared with the same period in the previous year.

“I would say New Zealand is probably the most virtualised country in the world,” says Don Williams, regional director, APAC for Veeam. “What we have found and what we're hearing from customers is most of them have continued to leverage their existing legacies solutions for backup and management of that virtual environment.

“They have seen challenges with the capabilities that were in their existing solutions that really weren't built for a virtual environment, with the cost of managing those solutions, as well as the complexity," he says. "Adding that virtual layer in your environment, [adds] complexity, and a lot of these solutions that were built for legacy (systems) are very complex in themselves.”

"Virtualisation has dramatically transformed the way in which businesses view data protection and business continuity," he notes. "We find that there is a demand for innovative, data protection solutions across different cloud platforms and a need for more sophisticated methods of improving business continuity plans."

Veeam says it has more than 5000 customers across the Asia Pacific.

In New Zealand, Veeam now has a total of 667 customers. Globally, Veeam ended the third quarter of 2013 with more than 80,000 customers worldwide and four million virtual machines (VMs) protected.

At the end of Q3 2013, Veeam had a total of 208 ProPartners in New Zealand and says it will continue to expand partnerships across the region.

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