Welcome!

Security Authors: Pat Romanski, Vincent Brasseur, Liz McMillan, Elizabeth White, Gilad Parann-Nissany

Related Topics: Cloud Expo, SOA & WOA, Virtualization, Security, Big Data Journal, DevOps Journal

Cloud Expo: Article

Veeam Announces Record 2013 Results

Strong demand for Data Protection for the Modern Datacenter drives success

Veeam® Software on Tuesday announced record revenue results for the fourth quarter and full year of 2013. This marks Veeam's 24th consecutive quarter in which quarterly bookings revenue has grown by more than 50 percent over the same period during the previous year.

In 2013, annual bookings revenue grew 58 percent over 2012, while new license bookings revenue increased 53 percent over the same period. Total bookings revenue grew 55 percent in Q4 of 2013 compared to the same period in 2012; new license bookings revenue increased 52 percent over that same period.

"Veeam's success in 2013 is a testament to the success of Veeam Backup & Replication v7, which once again raised the standard for protection for the modern datacenter," said Ratmir Timashev, CEO of Veeam. "Our reputation for reliable, high- performance software that makes our customers proclaim, ‘It Just Works!' TM has made us one of the fastest growing software companies in the world. We're excited for 2014 as we continue our journey to achieve $1 billion in revenue within the next five years."

"In fact, we feel so strongly about the value and capabilities of our solutions that this quarter, we have extended our  "Switch to Veeam - Protection for Modern Datacenter" competitive replacement program with up to 20% additional savings (currently available in North America only; global expansion in early February) that enables IT organizations to put Veeam in their modern datacenter for the same price as - or often much less than - the annual renewal cost of their existing legacy backup solution. This program will likely deliver Veeam's 100,000th customer in early 2014."

Now protecting over 5.5 million VMs, Veeam's growth in the mid- and large-size enterprise market continues to gain momentum. "With Veeam, backup speed and reliability have improved immensely, saving us countless hours because no one has to watch over backups anymore, "said Francis Hart, Live Operations Manager for SEGA Europe. "Backup used to be a project in itself, but Veeam turned it into a really easy, automated process that instills confidence in our team. Backups complete within the backup window and are automatically verified for recoverability, giving us peace of mind and more time to focus on datacenter priorities. We also save a lot of money in backup storage because of Veeam's built-in deduplication, which is phenomenal."

Veeam received a number of prestigious industry honors during Q4 13, including the following:

  • VMworld Europe 2013: Veeam customer SEGA® Europe Ltd. won Best Virtualization and Server Consolidation Project at VMworld Europe 2013 for its use of Veeam Backup & Replication. Veeam customer Midverk ehf won Best Virtualization for Disaster Recovery Project as well as overall Best of Show at VMworld Europe 2013.
  • 2013 Community Choice Gold Award winner: Penton Media's Windows IT Pro Magazine named Veeam the 2013 winner in three separate categories for Veeam Backup & Replication: Best Backup & Recovery Product, Best Cloud Computing Product or Service, and Best High Availability/Disaster Recovery Product. Veeam was named the Silver Award winner in the Best Free or Open-Source Tools category for Veeam Backup Free Edition, as well as the Silver Award Winner in the Best Vendor Tech Support category.
  • 2013 CRN Channel Awards UK: Specialist Vendor of the Year.

Additional highlights of Q4 and 2013 overall include:

  • Veeam Backup & Replication v7: 49 percent of Veeam customers have upgraded to new Backup & Replication v7 within 75 days since its availability in late Q3. The latest release of Veeam's award-winning flagship software introduced two disruptive innovations - Built-in WAN Acceleration and Backup from Storage Snapshots - as well as 7 market-changing features and 75+ other new enhancements, taking modern data protection to the next level.
  • Veeam MP v6.5: New Veeam MP extends deep VMware monitoring, management and capacity planning to Microsoft System Center. In the most recent release, Veeam MP v6.5 includes monitoring, reporting and capacity planning for Veeam Backup & Replication, as well as enhanced fault tolerance that eliminates single point of failure for monitoring.
  • Customer Growth: Added over 34,000 new customers in 2013, totaling over 91,500 current paid Veeam customers. Veeam expects to reach and announce their 100,000th customer in early 2014.
  • Veeam Cloud Provider Program: Continues to grow revenue at a year-over-year rate of more than 100 percent, which is faster than the overall growth of the company. The VCP program offers flexible monthly and perpetual licensing to meet the needs of hosting, managed service and cloud service providers. Major Q4 accomplishments included expanded partnerships with publicly traded service providers such as Cbeyond, Inc.
  • New Partner Margins and Growth: Increased incentives in Veeam's ProPartner Program provided even more margin for resellers and enabled Veeam to expand its worldwide partner base to 23,000 ProPartners.

More Stories By Elizabeth White

News Desk compiles and publishes breaking news stories, press releases and latest news articles as they happen.

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.


@ThingsExpo Stories
Scott Jenson leads a project called The Physical Web within the Chrome team at Google. Project members are working to take the scalability and openness of the web and use it to talk to the exponentially exploding range of smart devices. Nearly every company today working on the IoT comes up with the same basic solution: use my server and you'll be fine. But if we really believe there will be trillions of these devices, that just can't scale. We need a system that is open a scalable and by using the URL as a basic building block, we open this up and get the same resilience that the web enjoys.
The Internet of Things is tied together with a thin strand that is known as time. Coincidentally, at the core of nearly all data analytics is a timestamp. When working with time series data there are a few core principles that everyone should consider, especially across datasets where time is the common boundary. In his session at Internet of @ThingsExpo, Jim Scott, Director of Enterprise Strategy & Architecture at MapR Technologies, discussed single-value, geo-spatial, and log time series data. By focusing on enterprise applications and the data center, he will use OpenTSDB as an example t...
The Domain Name Service (DNS) is one of the most important components in networking infrastructure, enabling users and services to access applications by translating URLs (names) into IP addresses (numbers). Because every icon and URL and all embedded content on a website requires a DNS lookup loading complex sites necessitates hundreds of DNS queries. In addition, as more internet-enabled ‘Things' get connected, people will rely on DNS to name and find their fridges, toasters and toilets. According to a recent IDG Research Services Survey this rate of traffic will only grow. What's driving t...
P2P RTC will impact the landscape of communications, shifting from traditional telephony style communications models to OTT (Over-The-Top) cloud assisted & PaaS (Platform as a Service) communication services. The P2P shift will impact many areas of our lives, from mobile communication, human interactive web services, RTC and telephony infrastructure, user federation, security and privacy implications, business costs, and scalability. In his session at @ThingsExpo, Robin Raymond, Chief Architect at Hookflash, will walk through the shifting landscape of traditional telephone and voice services ...
Enthusiasm for the Internet of Things has reached an all-time high. In 2013 alone, venture capitalists spent more than $1 billion dollars investing in the IoT space. With "smart" appliances and devices, IoT covers wearable smart devices, cloud services to hardware companies. Nest, a Google company, detects temperatures inside homes and automatically adjusts it by tracking its user's habit. These technologies are quickly developing and with it come challenges such as bridging infrastructure gaps, abiding by privacy concerns and making the concept a reality. These challenges can't be addressed w...
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at Internet of @ThingsExpo, James Kirkland, Chief Architect for the Internet of Things and Intelligent Systems at Red Hat, described how to revolutioniz...
Bit6 today issued a challenge to the technology community implementing Web Real Time Communication (WebRTC). To leap beyond WebRTC’s significant limitations and fully leverage its underlying value to accelerate innovation, application developers need to consider the entire communications ecosystem.
The definition of IoT is not new, in fact it’s been around for over a decade. What has changed is the public's awareness that the technology we use on a daily basis has caught up on the vision of an always on, always connected world. If you look into the details of what comprises the IoT, you’ll see that it includes everything from cloud computing, Big Data analytics, “Things,” Web communication, applications, network, storage, etc. It is essentially including everything connected online from hardware to software, or as we like to say, it’s an Internet of many different things. The difference ...
Cloud Expo 2014 TV commercials will feature @ThingsExpo, which was launched in June, 2014 at New York City's Javits Center as the largest 'Internet of Things' event in the world.
SYS-CON Events announced today that Windstream, a leading provider of advanced network and cloud communications, has been named “Silver Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. Windstream (Nasdaq: WIN), a FORTUNE 500 and S&P 500 company, is a leading provider of advanced network communications, including cloud computing and managed services, to businesses nationwide. The company also offers broadband, phone and digital TV services to consumers primarily in rural areas.
"There is a natural synchronization between the business models, the IoT is there to support ,” explained Brendan O'Brien, Co-founder and Chief Architect of Aria Systems, in this SYS-CON.tv interview at the 15th International Cloud Expo®, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
The major cloud platforms defy a simple, side-by-side analysis. Each of the major IaaS public-cloud platforms offers their own unique strengths and functionality. Options for on-site private cloud are diverse as well, and must be designed and deployed while taking existing legacy architecture and infrastructure into account. Then the reality is that most enterprises are embarking on a hybrid cloud strategy and programs. In this Power Panel at 15th Cloud Expo (http://www.CloudComputingExpo.com), moderated by Ashar Baig, Research Director, Cloud, at Gigaom Research, Nate Gordon, Director of T...

ARMONK, N.Y., Nov. 20, 2014 /PRNewswire/ --  IBM (NYSE: IBM) today announced that it is bringing a greater level of control, security and flexibility to cloud-based application development and delivery with a single-tenant version of Bluemix, IBM's platform-as-a-service. The new platform enables developers to build ap...

An entirely new security model is needed for the Internet of Things, or is it? Can we save some old and tested controls for this new and different environment? In his session at @ThingsExpo, New York's at the Javits Center, Davi Ottenheimer, EMC Senior Director of Trust, reviewed hands-on lessons with IoT devices and reveal a new risk balance you might not expect. Davi Ottenheimer, EMC Senior Director of Trust, has more than nineteen years' experience managing global security operations and assessments, including a decade of leading incident response and digital forensics. He is co-author of t...
Technology is enabling a new approach to collecting and using data. This approach, commonly referred to as the "Internet of Things" (IoT), enables businesses to use real-time data from all sorts of things including machines, devices and sensors to make better decisions, improve customer service, and lower the risk in the creation of new revenue opportunities. In his General Session at Internet of @ThingsExpo, Dave Wagstaff, Vice President and Chief Architect at BSQUARE Corporation, discuss the real benefits to focus on, how to understand the requirements of a successful solution, the flow of ...
The security devil is always in the details of the attack: the ones you've endured, the ones you prepare yourself to fend off, and the ones that, you fear, will catch you completely unaware and defenseless. The Internet of Things (IoT) is nothing if not an endless proliferation of details. It's the vision of a world in which continuous Internet connectivity and addressability is embedded into a growing range of human artifacts, into the natural world, and even into our smartphones, appliances, and physical persons. In the IoT vision, every new "thing" - sensor, actuator, data source, data con...
"BSQUARE is in the business of selling software solutions for smart connected devices. It's obvious that IoT has moved from being a technology to being a fundamental part of business, and in the last 18 months people have said let's figure out how to do it and let's put some focus on it, " explained Dave Wagstaff, VP & Chief Architect, at BSQUARE Corporation, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Focused on this fast-growing market’s needs, Vitesse Semiconductor Corporation (Nasdaq: VTSS), a leading provider of IC solutions to advance "Ethernet Everywhere" in Carrier, Enterprise and Internet of Things (IoT) networks, introduced its IStaX™ software (VSC6815SDK), a robust protocol stack to simplify deployment and management of Industrial-IoT network applications such as Industrial Ethernet switching, surveillance, video distribution, LCD signage, intelligent sensors, and metering equipment. Leveraging technologies proven in the Carrier and Enterprise markets, IStaX is designed to work ac...
C-Labs LLC, a leading provider of remote and mobile access for the Internet of Things (IoT), announced the appointment of John Traynor to the position of chief operating officer. Previously a strategic advisor to the firm, Mr. Traynor will now oversee sales, marketing, finance, and operations. Mr. Traynor is based out of the C-Labs office in Redmond, Washington. He reports to Chris Muench, Chief Executive Officer. Mr. Traynor brings valuable business leadership and technology industry expertise to C-Labs. With over 30 years' experience in the high-tech sector, John Traynor has held numerous...
The 3rd International @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades.