The company revealed that its annual recurring revenue increased by 26% yearoveryear yoy in q2 2019, and its veeam availability suite u4 is approaching 350,000 downloads since its release in january. Veeam partners with industryleading hardware and software partners and system integrators. Alexandru catalin dumitrache inside channel developer. Competitors of veeam include actifio, code42 and box. Free veeam software research library of white papers. Mvp most valuable sales professional award for constantly achieving revenue targets. 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. Veeam competitors, revenue and employees owler company. Today veeam software is more than 3500 employees across the globe. Veeam company profile office locations, competitors. Veeam software said it grew revenue bookings substantially last quarter on the strength of enterprises and cloud sales. The channel manager cm role is a key member of the team, responsible for achieving revenue targets, pipeline generation and management through key assigned partners and ensuring that partner. Located in tempe, az, veeam software is in the software publishers business. While veeam started out in 2006 as virtual machine backup, it has since ventured deeply into cloud and physical data protection.
Nov 14, 2017 provides businessinabox accounting and invoicing of managed services and cloud consumption to help service providers more easily track revenue and expenses. Veeam is a cloudbased data management platform that offers backup and disaster recovery. Annual recurring revenue up 24% yy for veeam in 3q19. Veeam software, the availability for the alwayson enterprise innovator, today announced results from its most successful year in the companys decadelong history. Storing data is one thing and having access to this data whenever needed is a different thing altogether. Veeam receives 2018 gartner peer insights customers choice recognition. The new office is home to veeam s uk field sales, presales.
Loss of vital data can jeopardize the operations of business be it small data or large volumes of data. For example, veeam has recently released agents for windows and linux. This publication summarizes the more significant impacts of the new guidance on the software. Veeam revenue increases as enterprise deals grow storage soup. Veeam, founded and owned by russian techies andrei baronov and ratmir.
Stacy whitaker mafm revenue analyst veeam software linkedin. The fourth quarter of 2014 is the 28 th consecutive. All content is posted anonymously by employees working at veeam software. Veeam software is an equal opportunity employer and does not discriminate or allow discrimination on the basis of race, color, religion, gender, age, national origin, citizenship, disability, veteran status or. The companys software manages all virtual, physical and cloudbased workloads from a single console, as well as restores entire vms, individual files and everything in between, enabling clients to have a complete backup of the data and speed up the pace of innovation. If youre running a small business, then keeping a tight grip on finances is critical for success.
In an aggressive market that is seeing both legacy and newcomers falter, it has reported another quarter of doubledigit growth with an annual recurring revenue arr increase of 24% yy yy and uptake in its new veeam. Infrastructure changes audit veeam one reporter guide. The best small business accounting software for 2020 pcmag. Veeams key executives are ratmir timashev, jim kruger and william largent.
The companys headquarters are in baar, switzerland. Veeam stock price, funding rounds, valuation and financials. Veeam software today announced recordbreaking revenue growth in total bookings for 2017, plus other increased numbers, putting the decadeold virtualization innovator on the path to. Idc semiannual software tracker 2019h1 shows veeam again achieving market leading growth in data replication and protection software. The software is available 247 throughout the year to enables companies to improve their recovery time as well as point objectives. The report allows it administrators to get details on recent infrastructure changes made by authorized users so that any unwanted action can be quickly rolled back. Specify service account settings veeam backup guide. If you share this view, come be a part of the veeam. Website, veeam software is a privately held information technology company that develops backup.
This software is made to handle regular tasks efficiently and helps in monitoring the job of employees working in an organisation. Vmware gold award for highest revenue q2 2011 presidents forum. Veeam customer advocacy recognition award q4 2017 veeam presidents club. Jan 07, 2014 veeam software was created to provide similar systems management solutions for virtualized server infrastructures, leveraging the trend that built software companies like vmware into fast growing. A free inside look at veeam software salary trends based on 202 salaries wages for 100 jobs at veeam software. Veeam software is considered a small business with 1,000 to 4,999 square footage of space. Specify service account settings specify service account settings the service account step of the wizard is available if you have selected to configure installation settings manually. Veeam software unveils 26% revenue increase in q2 2019 data. Veeam is headquartered in baar, switzerland and has 41 office locations across 32 countries. Veeam corporate headquarters, office locations and. With the hypergrowth and hypersprawl of todays data, traditional data management is not enough. Veeam software annual revenue grows 127 percent and customer.
After 6 months i started working directly with the sales representatives from hp spain and hp portugal in order to help partners grow in hp and gain benefits from the sales they make. Cloud company veeam narrows hq choice to columbus, atlanta. See the complete profile on linkedin and discover andrews. The vendor claims 267,500 customers and 16,700 service provider partners using its software. If you share this view, come be a part of the veeam team.
May 19, 2018 a free inside look at veeam software salary trends based on 3 salaries wages for 3 jobs at veeam software. Veeam sees partner opportunity in orchestration veeam is unusual among private software companies in that it regularly and publicly shares. Continuous growth and innovation are our priorities. Veeam software, based in baar, switzerland, is the leader in backup solutions that enable intelligent data management for the hyperavailable enterprise.
This report analyzes virtual infrastructure configuration changes and provides information on users who performed these changes. Veeam strengthens alliances and accelerates enterprise strategy. Veeam is the global leader in backup that delivers cloud. Currently, veeam has more than 3,600 employees worldwide and offices in more than 30 countries. New revenue guidance implementation in the software industry. Veeam s competitors, revenue, number of employees, funding and acquisitions veeam s website. Andrew canlas accounting analyst veeam software linkedin. View andrew canlas profile on linkedin, the worlds largest professional community.
The business current operating status is live and has been operating for 7 years 43 days. However, you may want to consider other backup software products that got even better scores and satisfaction ratings. Veeam provides a single platform for modernizing backup, accelerating hybrid cloud and securing your data. Veeam software corporation support statement veeam software corporation confirms that we will support customers running. Stacy whitaker mafm revenue analyst veeam software.
Veeam is a reputed data availability and protection service for businesses and individuals that consists of three separate products veeam availability suite, veeam backup and replication and veeam one. Salaries posted anonymously by veeam software employees. Veeam alternatives 2020 best similar software from competitors. Veeam software upbeat about revenue growth itweb africa. A new uk office, also in reading, opened in july 2016.
The award marks veeams recognition within the hpe partner. B ackup and disaster recovery solutions provider veeam software recorded a 26% yearonyear increase in annual recurring revenue arr for the second quarter of 2019 this news comes. As such, the accounting for software products and services is expected to be one of the areas most impacted by the new standards. Markwin plomp veeam software senior partner manager. Our local data center counts 3 hp proliant dl 380 gen10 servers and a 48 tb san supporting corporate applications running on windows servers and linux servers on top of vmware vsphere 6. However, those revenue figures mark an inverse of a typical revenue. New veeam availability console now available business wire. Veeam posts 40% growth in virtual machine backup product revenues. A particular area of confusion surrounds when companies are to recognize revenue. View stacy whitaker mafms profile on linkedin, the worlds largest professional community. Randy pyle area sales director central enterprise veeam. Nov 27, 2017 veeam claims 267,500 customers and 16,700 service provider partners using its software. Working with such colleagues, you will get an excellent opportunity to develop as a professional in it sales. Veeam also reported a 72% yearoveryear increase in cloud bookings for the third quarter.
Veeam is a solid product that our experts evaluated with a 9. Veeam enterprise customers gain enhanced physical protection. Veeam software upbeat about revenue growth b ackup and disaster recovery solutions provider veeam software recorded a 26% yearonyear increase in annual recurring revenue arr for the second quarter of 2019. The address of the businesss registered office is at the suntec tower four building. Veeam stock share price, funding rounds, valuation and. Veeam, a backup software company famous for its bright green corporate colors and its easytouse software for backing up virtual machines, has.
With headquarters in baar, switzerland, the company has offices all over the world in the americas, europe, asia, australia and new zealand. Veeam software is one of the fastest growing software companies in the industrys history. Find related and similar companies as well as employees by title and much more. The main engine of this growth is the sales department.
Veeam software research library the top resource for free veeam software research, white papers, reports, case studies, magazines, and ebooks. Company veeam software, performance indicators, 2019 annual order amount of. Revenue recognition is a generally accepted accounting principle gaap that identifies the specific conditions in which revenue is recognized and determines how to account for it. However, those revenue figures mark an inverse of a typical revenue line in the data protection market, where 50% traditionally comes from the americas, allan said. Veeam achieves marketleading revenue growth in 1h 2019. Rogier jansen enterprise account manager veeam software. Veeam s data backup and recovery software has customer satisfaction scores 3.
Gen pc spy software is a realtime computer monitoring software, designed and developed by sag infotech pvt. Veeam software unveils 26% revenue increase in q2 2019. The company revealed that its annual recurring revenue increased by 26% yearoveryear. Together with our veeam technical alliance partners, we deliver reliable backup, data center transformation, infrastructure modernization and cloud solutions and services to our joint customers worldwide. Veeam revenue increases as enterprise deals grow storage. Veeam alternatives 2020 best similar software from. The first 6 months were in the partner profiling domain and maintenance of the database on iberia region spainportugal. Veeam posts 40% growth in virtual machine backup product. Veeam s uk united kingdom headquarters office is located in reading, berkshire. Receiving and processing pos from distributors to accounting department and. Aside from leadership restructuring, insight says one of the main goals is to increase the veeam workforce, currently accounting for roughly 1,200 employees. Veeam headquarters is located at lindenstrasse 16, baar. Presidents club veeams sales success in 2009 led to its firstever sales incentive club, providing special recognition to sales teams exceeding.
Veeam software provides the complete availability solution for all. Advanced integration for pure storage veeam software veeam and cisco hyperflex. 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. A particular area of confusion surrounds when companies are to recognize revenue on termlicensing contracts that also include maintenance and updates.
A data protection solution you can have confidence in veeam software virtualization data protection specialist veeam software said its 2014 bookings revenue. With headquarters in switzerland, veeam software was geographically in a good position to stand out in the european market. The software market revenue growth slowed to drop 2. Veeam continues to dominate cloud data management with q3.
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