March 31 2016, 15.41 PM IST || Pocket News Alert
Demand for Always-On Enterprise leads to Veeam’s 150 percent growth in enterprise revenue in 2015
Mumbai, India, 31 March 2016: Veeam® Software, the innovative provider of solutions that deliver Availability for the Always-On Enterprise™, today announced the expansion of its international operations to include three offices in India – Mumbai, Delhi and Bangalore. Headquartered in Mumbai, these new offices will tap growth opportunities, expand market presence and deliver faster response to customers and partners. As a testimony of the India market potential, Veeam’s total bookings revenue in India grew by more than 50 percent in 2015, compared to the previous year. Whereas, the enterprise revenue grew by more than 154 percent for the same period.
According to a recent report from research analyst Gartner, ‘the Indian data centre infrastructure market will total $2 billion in 2016. Storage modernisation and consolidation, backup and recovery, and disaster recovery are some of the key drivers to this market, and they are likely to remain relevant drivers over the forecast period through 2019. This makes India a strategic growth market for Veeam globally.
“We are deeply committed to the Indian market and the establishment of a strong in-country presence is testament to this,” said Gregg Petersen, Regional Director, Middle East and SAARC at Veeam. “CIOs in India are modernising their data centres to cope with today’s cloud, virtualization, big data, mobility and social trends, so they recognise that legacy backup systems are no longer good enough. They need holistic availability solutions, and Veeam has proven it can meet the Always-On demands of our customers and partners.”
Since entering India in 2011, Veeam has operated 100 percent through the channel and the company’s success in the market can largely be attributed to this approach. The company’s strategy is to use Veeam’s expert knowledge to give its ProPartners access to products and services that enable them to drive new business and revenue streams.
Veeam is rapidly expanding its presence and partner network around the world, providing more than 183,000 customers and 37,000 ProPartners with a deeper level of protection and availability.The company has offices in key geographic regions and countries across the Americas, EMEA, and APAC.
About Veeam Software
Veeam® recognises the new challenges companies across the globe face in enabling the Always-On Enterprise™, a business that must operate 24/7/365. To address this, Veeam has pioneered a new market of Availability for the Always-On Enterprise™ by helping organizations meet recovery time and point objectives (RTPO™) of less than 15 minutes for all applications and data, through a fundamentally new kind of solution that delivers high-speed recovery, data loss avoidance, verified recoverability, leveraged data and complete visibility. Veeam Availability Suite™, which includes Veeam Backup & Replication™, leverages virtualisation, storage, and cloud technologies that enable the modern data centre to help organizations save time, mitigate risks, and dramatically reduce capital and operational costs, while always supporting the current and future business goals of Veeam customers.
Founded in 2006, Veeam currently has 37,000 ProPartners and more than 183,000 customers worldwide. Veeam's global headquarters are located in Baar, Switzerland, and the company has offices throughout the world. To learn more, visit https://www.veeam.com.
