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Thursday, 20 April 2017 19:43

Veeam Software Achieves Record Results in the First Quarter of 2017

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Veeam Software has experienced huge growth in the first quarter of 2017 due to increasing demand for professional and hybrid cloud solutions and the success of digital transformation.

Veeam Software, the solutions provider for Availability for the Always-On Enterprise, has achieved record results in the first quarter of the year due to explosive growth in revenue generated by large companies and the cloud.

Total first quarter revenues increased by 33% compared to the same period last year. Revenues from new large enterprise licenses increased by 50% over the same period. Moreover, cloud revenues increased by 59% compared to the same period last year thanks to Veeam Cloud and Service Providers (VCSPs). With this service, large companies can transform their operational management and offer 24/7 availability.

In Luxembourg, Veeam recorded a 22% increase in sales for the first quarter of 2017 compared to the same period last year.

Peter McKay, President and COO of Veeam, commented that: "We expect to continue our growth for the remainder of the year, with new Veeam products, common solutions with our Alliances partners and a growing market share in the large enterprise and cloud solutions segment Veeam. "

Veeam has a total of 822 customers and 86 ProPartners.

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