10 important facts about Veeam as it celebrates 10 years of innovation:
- Veeam Team. The company was founded in 2006 by Andrei Baronov and Ratmir Timashev with only 13 employees. Veeam now does business in more than 180 countries, employing more than 2,200 people in 32 countries.
- No VC funding, simply profitability. Veeam Software was created with no outside investments, using funds generated after the sale of Aelita Software by Andrei Baronov and Ratmir Timashev to Quest Software, which was then acquired by Dell. Since its creation, Veeam has showed consistent growth, with 2015 revenue hitting $474 million and Q2 2016 results showing 38 percent year-over–year growth.
- Why October 10? October 10 is one of the most significant dates in Veeam history. This was when the first Veeam product – Veeam FastSCP for VMware ESX Server – was announced (in 2007). Since then Veeam has come a long way following the path of innovation and now has 8 products available, with 3 more on the way and 4 updates to major products planned in Q4 2016.
- Backup vs Availability. Veeam pioneered the Availability market, being the first to recognize and address the Availability Gap. In 2014, Veeam announced the findings of its first Availability report, showing CIOs the importance of data Availability for the modern Always-On Enterprise. The recent 2016 Veeam Availability Report included insight of 1,140 senior IT decision makers (ITDMs) across 24 countries, finding that the cost of downtime has a staggering $6M within a 12 month period.
- Worldwide recognition. Veeam won its first VMworld award in 2007, and was subsequently victorious in multiple categories for four years in a row. All in all, during its 10-year history, Veeam has been granted more than 80 prestigious worldwide industry awards.
- Always-On with VeeamON. Veeam’s first appearance at a global event (VMworld) happened in 2007, and seven years later in 2014 Veeam organized its own Premiere Data Center Availability event – VeeamON in Las Vegas. The first conference gathered 1,300 attendees with 27 percent international attendees from 44 countries. VeeamON 2015 continued this success with nearly 1,800 delegates. New Orleans, Louisiana will be the home of VeeamON 2017, taking place between May 16-18.
- Going local. In addition to the global event, Veeam also conducts a series of VeeamON Forums around the globe. In 2016 the events took place in 10 locations worldwide, including Tokyo, Dubai, Warsaw, Moscow, Hanau, Istanbul, Paris, London, Rome and Prague. A number of smaller VeeamON Tours were also held in other cities around the globe.
- Partnerships are key. Veeam is a 100 percent channel-driven company. The Veeam ProPartner program, introduced in May 2008, provided Veeam partners with the support needed for successful collaboration and revenue opportunities. At the moment, Veeam has 41,000 loyal ProPartners.
- To a Leader in three years. Being added to Gartner Magic Quadrant for Data Center Backup & Recovery Software in 2013, Veeam has worked its way up to the Leaders Quadrant in only three years. According to Gartner, Veeam has increased its deployments on enterprise VM backup and penetrated 70 percent of the Fortune 500.
- Amazing customer traction. In 10 years of its existence, Veeam has boosted the total amount of Veeam customers to 205,000, with an Industry Leading Customer Satisfaction Score of +61. In 2016 Veeam celebrated reaching 200,000 customers with a weightless ZERO-G Experience®, providing that gravity is not the limit.
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