View stacy whitaker mafms profile on linkedin, the worlds largest professional community. See the complete profile on linkedin and discover stacys. Veeam reports companys 39th straight quarter of doubledigit. Veeam software annual revenue grows 127 percent and customer. Veritas gains gartner customers choice recognition. Veeam is a solid product that our experts evaluated with a 9. However, you may want to consider other backup software products that got even better scores and satisfaction ratings. The new revenue recognition guidance may constitute the biggest accounting change the world has seen in over a decade, because revenue recognition informs a wide array of business decisions. Veeams new coceos set a big 2020 revenue goal channel. Veeam posts 40% growth in virtual machine backup product. The annual awards recognise and celebrate veeam s committed. Veeam software is a privately held information technology company that develops backup, disaster recovery and intelligent data management software for virtual, physical and multicloud infrastructures. Origin it bags golden recognition as veeam ups anz. Idc semiannual software tracker 2019h1 shows veeam again achieving market leading growth in data replication and protection software.
Veeam sells backup and availability software for cloud data management. Recognized twice as microsoft isv partner of the year, veeam is now. Veeam has a unique and special culture that has been integral to its success so far. The following example can help illustrate and summarize how a subtle change in the situation changes the revenue recognition landscape. Razali karyeo deal desk manager veeam software linkedin. Website, veeam software is a privately held information technology company that develops backup. Prior to aelita, largent was cfo at plug power, where he managed the. Veeam cloud data management platform is the most complete solution to help our customers evolve the way they manage data, making it smarter and more selfgoverning while ensuring its availability across. Exagrid reports record bookings and revenue for q12019 company increases worldwide labor coverage and expands alliance partner relationships.
With 99% yearoveryear growth, veeam expects revenue to surpass a. Veeam software, the innovative provider of solutions that deliver availability for the alwayson enterprise, today announced record results for q4 2016 and fy 2016. Veeam also reported a 72% yearoveryear increase in cloud bookings for the third quarter. Us companies implementing virtualization, timashev recognized the. Company a typically provides periodic updates to the software. The fourth quarter of 2014 is the 28 th consecutive. Stacy whitaker mafm revenue analyst veeam software. New orleans at the top of its annual veeamon conference, the swiss company announced two new coceos. Softchoice named canadian partner of the year by veeam. In fact, veeam has seen 36 straight months of double digit growth and, according to the company, has overtaken commvault in marketshare and industry leader recognition. Veeam surpasses 100,000th customer milestone and posts record. Raising the hyperv backup standard, free veeam software.
Presidents club veeams sales success in 2009 led to its firstever sales incentive club, providing special recognition to sales teams exceeding. Veeam, the dominant market leader, announces record 2018. Veeam software has unveiled a series of enhancements to its australia and new zealand anz partner program, based around greater rewards for local resellers. Adding new customers at the rate of nearly 3,000 a month, veeam s annual bookings revenue grew 62% in 2012 and 58% in 20, and rapidly gaining market share on big players such as. Enterprise hpe achieved the highest magnitude of revenue growth yoy for joint. Mckay, who joined veeam software in 2016 after nearly a three year stint as senior vice president and general manager americas at vmware, has been veeam s president and coo since july 2016. The veeam best practice solution for countering ransomware. Data availability without limits, free veeam software. Veeam, a backup software company famous for its bright green corporate colors and its easytouse software for backing up virtual machines, has emphatically signalled its intention to take. Free white paper to data availability without limits for mission and businesscritical applications and data. Year, recognized for excellent financial performance, innovative solutions, and. Veeam software provides the complete availability solution for all. In 2018 revenue from an order portfolio of veeam software. Veeam announces winners of 2017 propartner awards for asia.
The companys headquarters are in baar, switzerland the name veeam came from the phonetic pronunciation of the letters vm virtual machine. Veeam was recognized as a 2018 gartner peer insights customers choice distinction winner for data center backup. Jason harrison partner manager veeam software linkedin. Veeam achieves marketleading revenue growth in 1h 2019. Brittany owenby national inside partner manager veeam. The annual awards recognise and celebrate veeam s committed and outstanding. The new office is home to veeam s uk field sales, presales. Softchoice was recognized as veeam canadian partner of the year for demonstrating the best overall performance in areas of revenue, collaboration with veeam, and proactive selling and. A new uk office, also in reading, opened in july 2016.
Veeam cloud data management platform is the most complete solution to help our customers evolve the way they manage data, making it smarter and more selfgoverning while ensuring its availability across any application or cloud infrastructure its a single platform for cloud, virtual and physical to meet all your needs. Whether youre just starting your career path or youre an experienced marketing professional, regional marketing is a great place to work. This department is full of opportunities and challenges that give. Bill also worked with other members of the veeam executive team at aelita software, where he was chief operating and financial officer. Veeam software, innovative provider of solutions that deliver. Ensuring veeam was top of mind and positioned appropriately in order to exceed revenue targets. Worked closely with cloud and storage alliances to drive best in class data protection solutions.
Im honored that, this week, end users on gartner peer insights recognized veeam with the 2018 gartner peer insights customers choice for data center backup and recovery software recognition. Doubledigit growth in annual recurring revenue highlights accelerated transition to. Veeam is recognized the second year in a row as the. Since veeam was formed in 2006, the company has continued to lead the industry in terms of growth and innovation. Veeam tightens leadership grip in cloud data management. Veeam revenue increases as enterprise deals grow storage. Veeam s uk united kingdom headquarters office is located in reading, berkshire.
As the trusted provider of backup solutions that deliver cloud data management, in a short space of time veeam has amassed more than 375,000 customers across the globe and has been named a leader in the gartner magic quadrant for data center backup and recovery software. View brittany owenbys profile on linkedin, the worlds largest professional community. Exagrid reports record bookings and revenue for q12019. Manage deal desk, quote and commercial bids for apj. It helps customers on the journey to modernizing their backup practice. Company a typically provides periodic updates to the software containing bug fixes and general improvements.
See the complete profile on linkedin and discover brittanys. Company a is a saas company that sells erp software licenses. View pete kapustas profile on linkedin, the worlds largest professional community. Regulations new revenue recognition standard means big changes for software companies. All content is posted anonymously by employees working at veeam software. Ww revenue bookings pace in 2q17 of 27% yy for veeam. At the same time, ensuring compliance to statutory requirements and revenue recognition guidelines.
The risk to veeam as it transitions to being an enterprise software company is that it may lose its soul. Veeam alternatives 2020 best similar software from. Software companies continue to analyze the impact of the new revenue standard on their contracts, accounting policies, and financial statements. New revenue recognition standard means big changes for. Veeam reports record q216 results and accelerated growth. The vendor claims 267,500 customers and 16,700 service provider partners using its software. The main engine of this growth is the sales department.
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