Veeam Reports Biggest Second Quarter in Company History

veeam | July 29, 2020

Veeam Reports Biggest Second Quarter in Company History
Veeam® Software, the leader in Backup solutions that deliver Cloud Data Management™, today announced an annual recurring revenue (ARR) increase of 20 percent year-over-year (YoY) for Q2’20 – the biggest second quarter in the company’s 14-year history. In addition, Veeam reported its largest ever quarter for total bookings of its fastest growing product, Veeam Backup for Microsoft Office 365, with an 89 percent YoY increase and a 75 percent YoY gain in overall subscription bookings. As further testament to Veeam’s continued performance, Gartner recently published its 2019 Market Share: All Software Markets, Worldwide research, and with sustained multiyear revenue gains, Veeam has increased in market share to become the third largest provider of backup and recovery software.

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SD-WAN deployments are driving a new era of resiliency, agility, security and cost efficiency. In fact, Gartner believes that 50% or more of WAN refresh initiatives will start with an SD-WAN architecture. SD-WAN is a relatively new technology, so it’s important to gain knowledge now about best


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SD-WAN deployments are driving a new era of resiliency, agility, security and cost efficiency. In fact, Gartner believes that 50% or more of WAN refresh initiatives will start with an SD-WAN architecture. SD-WAN is a relatively new technology, so it’s important to gain knowledge now about best

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