Feeds

GULP. Veeam adds thousands of accounts. It must be eating SOMEONE'S lunch

Hey backup bods, what's that in your teeth?

Build a business case: developing custom apps

Growing virtual server backup biz Veeam continues to spread like an out-of-control viral infection.

The firm recently claimed to have surpassed the 100,000 customer mark by the end of its first 2014 quarter. To put that in perspective, it says it went past the 91,500 customer mark just three months ago, the 80,000 level three months before that, and the 73,000 level three months before that.

Currently it's growing at a rate of 3,000 customers a month, with some 9,400 new accounts added in the quarter. New licence bookings grew 48 per cent in the quarter compared to a year ago, with total bookings growing 56 per cent over the same period, the firm claims.

Should we prepare for a backup bustup?

The customer growth numbers got Reg storage desk thinking. These are not greenfield customers who are new to backup. These are existing backup users pissed off with their existing data protection supplier enough to walk away and sign up with Veeam. Who among the existing backup software suppliers is Veeam capturing customers from?

We bet there's a chart somewhere in Veeam's PowerPoint decks that shows just which backup environments its customers are migrating from - and we'd love to see that chart.

This quarter is the 25th one in a row in which total bookings growth has exceeded 50 per cent. That is over six years and three months of growth. Is there any other data protection company which has grown at such a rate over such a period?

The virtual backup biz has started up a dedicated State, Local and Higher Education (SLED) vertical market team in the United States and a Veeam Certified Engineer (VMCE) certification programme for its partners to help continue its progress. ®

Veeam CEO Ratmir Timashev

Veeam CEO Ratmir Timashev

Ratmir Timashev, Veeam's CEO, said: "We have rolled out a new 'Upgrade Your Backup' competitive replacement (available only in North America) programme that enables IT organisations to put Veeam in their modern data centre for the same price as – or often much less than – the annual renewal cost of their existing legacy backup solution.” ®

Boost IT visibility and business value

More from The Register

next story
Sysadmin Day 2014: Quick, there's still time to get the beers in
He walked over the broken glass, killed the thugs... and er... reconnected the cables*
Auntie remains MYSTIFIED by that weekend BBC iPlayer and website outage
Still doing 'forensics' on the caching layer – Beeb digi wonk
VVOL update: Are any vendors NOT leaping into bed with VMware?
It's not yet been released but everyone thinks it's the dog's danglies
BlackBerry: Toss the server, mate... BES is in the CLOUD now
BlackBerry Enterprise Services takes aim at SMEs - but there's a catch
SHOCK and AWS: The fall of Amazon's deflationary cloud
Just as Jeff Bezos did to books and CDs, Amazon's rivals are now doing to it
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.