Announcing its global results for last year, the Swiss-headquartered Veeam also said its business across the Asia Pacific region in 2013 saw a 47% increase in total revenue bookings for the full year, and new licence bookings revenue up 48% during that time.
Globally, Veeam showed record revenues for the fourth quarter and full year of 2013, which CEO Ratmir Timashev said marked Veeam’s 24th consecutive quarter in which quarterly bookings revenue has grown by more than 50% over the same period during the previous year.
In 2013, annual global bookings revenue grew 58% over 2012, while new license bookings revenue increased 53% over the same period. Total bookings revenue grew 55% in Q4 of 2013 compared to the same period in 2012, while new license bookings revenue increased 52% over that same period.
“Our reputation for reliable, high- performance software makes our customers proclaim, ‘It Just Works!’ has made us one of the fastest growing software companies in the world. We’re excited for 2014 as we continue our journey to achieve $1 billion in revenue within the next five years.”
“In fact, we feel so strongly about the value and capabilities of our solutions that this quarter, we have extended our ‘Switch to Veeam – Protection for Modern Data Centre’ competitive replacement program with up to 20% additional savings, currently available in North America only, and global expansion in early February, that enables IT organisations to put Veeam in their modern data centre for the same price as – or often much less than – the annual renewal cost of their existing legacy backup solution. This program will likely deliver Veeam’s 100,000th customer in early 2014.”
Timashev said Veeam had added over 34,000 new customers in 2013, totaling over 91,500 current paid customers.
He listed a number of highlights of the 2013 trading year, including the fact that 49% of Veeam customers have upgraded to new Backup & Replication v7 within 75 days since its availability late in the third quarter last year.