In its pursuit to be a 1 billion dollar company in 2018, Veeam found itself moving in the right direction as it announced the 2Q18 results, clocking 40th consecutive quarter of double-digit record bookings growth. The company delivered 20% growth Y/Y in total bookings in Q2 2018, and kept pace with its average of more than 4,000 new customers each month. Today, it has more than 307,000 customers worldwide.
Peter McKay, Co-CEO and president, Veeam
“According to IDC, Veeam is the leader in both momentum and company performance in the data protection and recovery software market, surpassing and outpacing legacy vendors that cannot meet customer demands for hyper-availability,” said Peter McKay, Co-CEO and president, Veeam. “Veeam has attained this leadership position thanks to our strong relationships with our channel partners, strategic alliances, expertise in understanding customers’ needs and demands, and then addressing them with innovative, powerful and easy-to-use solutions.”
The company continues to expand its team of more than 3,600 employees around the world. It recently opened a new R&D HQs in Prague, Czech Republic where engineers will work on data management, automation, and hyper-availability technologies. The majority of the 300 new positions will be specialized, high-tech roles and quality assurance positions within Veeam R&D teams.
“It’s an exciting time at Veeam as we enter the second half of the year,” he continued. “We have invested heavily in go-to-market strategies, customer enablement, employees and processes. We are pushing further into the enterprise, all while continuing to strengthen our commitment to our core market segments. Our focus on enabling hyper-availability is unwavering, and customers are responding. We continue to gain market share from both traditional players and newcomers attempting to catch up to us and attain profitability, a benchmark Veeam achieved and maintained for more than a decade.”
