Gartner, Inc. has placed Veeam® Software in the Leaders quadrant of the 2022 Magic Quadrant for Enterprise Backup and Recovery Solutions. Not only is this the sixth year in a row that Gartner has named Veeam a Magic Quadrant Leader, but it is also the third year in a row that Veeam is ranked highest overall in ability to execute.
Veeam continues to provide its diverse community with the most advanced data protection across all environments – Cloud, Virtual, Physical, SaaS, and Kubernetes – as well as the highest levels of customer and partner support, with over $1 billion in annual bookings and 450,000+ customers of all sizes and locations.
“Veeam continues on an amazing growth trajectory, reporting its 18th consecutive quarter of double-digit growth with an annual recurring revenue (ARR) increase of 22% year-over-year (YoY), on a constant currency basis, for Q2’22,” said Danny Allan, CTO and Senior Vice President of Product Strategy at Veeam. “Now a Magic Quadrant Leader for the sixth time in a row, we believe our innovation and ability to execute validates our solid standing as the #1 trusted provider of modern data protection. Over the past year, Veeam has unveiled more than 30 product updates including Veeam Backup & Replication v11a which includes cloud-native solutions to protect data across AWS, Azure and Google Cloud. We continue to set the very highest product standards and respond to customer demands for redefining security, achieving resiliency and delivering future-ready solutions.”
VeeamON 2022, the Modern Data Protection Conference of the Year, recently showcased consistent innovation and product-led growth. Veeam demonstrated cloud-native solutions (for AWS, Azure, and Google Cloud) and SaaS offerings (Microsoft 365 and Salesforce), as well as deeper integration of Kasten by Veeam K10 for Kubernetes protection and, of course, the much-anticipated Veeam Backup & Replication v12.
Magic Quadrant reports are the result of rigorous, fact-based research in specific markets, providing a broad view of the relative positions of providers in markets with high growth and distinct provider differentiation. Leaders, Challengers, Visionaries, and Niche Players are the four quadrants in which providers are classified. The report examined 14 enterprise data backup and recovery solution vendors.