Veeam's vigorous voyage vindicates virty servers' backup virtues

Firm reckons breakneck customer growth rate's continuing

Choosing a cloud hosting partner with confidence

Ve have vays of making vast sums of loot! That's virtual server backup and data protection upstart Veeam for you, reporting 30 per cent revenue growth in the first half of 2014, and a customer count passing 111,500.

The firm said the second quarter of fiscal year 2014 was the 26th one in a row with double-digit growth on a year-on-year basis.

CEO Ratmir Timashev said in a prepared remark: "The second quarter capped a solid first half of the year for Veeam with strong revenue growth, several new product announcements, and consistent growth of our partner ecosystem. As we enter the second half of 2014, we anticipate a continued growth trajectory."

He reckons: "The [coming] Veeam Availability Suite [v8.0] will further enhance the ability of our customers to achieve a complete modern data centre and ensure their critical applications remain always on from any place, at any time, on any device.”

This software will be available in the fourth quarter and should provide lots mote functionality:

  • Faster recovery
    • Instant VM Recovery
    • Instant File-Level Recovery
    • v8 Veeam Explorer for Microsoft Exchange, SharePoint, SQL Server, Active Directory
    • v8 Veeam Explorer for Storage Snapshots (HP and NetApp)
  • Shorter RPOs meaning, Veeam says, better data loss avoidance
    • Recovery Point Objectives (RPO) less than 15 minutes
    • 2-in-1: backup and replication
    • Built-in WAN Acceleration
    • Native tape support
    • v8 Backup from Storage Snapshots (HP and NetApp)
    • v8 EMC Data Domain Boost
    • v8 Veeam Cloud Connect
    • v8 End-to-end encryption
    • v8 Replication enhancements
  • Verified protection through automated backup and disaster recovery testing
  • More protection visibility through improved monitoring and alerting tools
  • Complete visibility of the Veeam backup infrastructure
  • vSphere Web Client Plug-in
  • vCloud Director integration
  • Centralised management

It had more than 100,000 customers at the end of March so it looks like a nominal 11,500 new customers have come on board in the last three months, which appears to be a continuation in its breakneck customer growth rate:

  • Q2 2014 –> 111,500 , +11,500
  • Q1 2014 –> 100,000, +8,500
  • Q4 2013 –> 91,500, +11,500
  • Q3 2013 –> 80,000, +7,000
  • Q2 2013 –> 73,000

If backup is a replacement market these days then Veeam is replacing a hell of a lot of legacy backup products. It could be being viewed as a prime buyout target by legacy backup vendors feeling the heat from its flames.

The one thing we cannot tell you about Veeam is how profitable the privately-held company is, because it simply did not release that figure. ®

Beginner's guide to SSL certificates

More from The Register

next story
Just don't blame Bono! Apple iTunes music sales PLUMMET
Cupertino revenue hit by cheapo downloads, says report
The DRUGSTORES DON'T WORK, CVS makes IT WORSE ... for Apple Pay
Goog Wallet apparently also spurned in NFC lockdown
Desktop Linux users beware: the boss thinks you need to be managed
VMware reveals VDI for Linux desktops plan, plus China lab to do the development
IBM, backing away from hardware? NEVER!
Don't be so sure, so-surers
Hey - who wants 4.8 TERABYTES almost AS FAST AS MEMORY?
China's Memblaze says they've got it in PCIe. Yow
Microsoft brings the CLOUD that GOES ON FOREVER
Sky's the limit with unrestricted space in the cloud
This time it's SO REAL: Overcoming the open-source orgasm myth with TODO
If the web giants need it to work, hey, maybe it'll work
'ANYTHING BUT STABLE' Netflix suffers BIG Europe-wide outage
Friday night LIVE? Nope. The only thing streaming are tears down my face
Google roolz! Nest buys Revolv, KILLS new sales of home hub
Take my temperature, I'm feeling a little bit dizzy
Storage array giants can use Azure to evacuate their back ends
Site Recovery can help to move snapshots around
prev story


Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Top 5 reasons to deploy VMware with Tegile
Data demand and the rise of virtualization is challenging IT teams to deliver storage performance, scalability and capacity that can keep up, while maximizing efficiency.
Mitigating web security risk with SSL certificates
Web-based systems are essential tools for running business processes and delivering services to customers.