Kasten by Veeam, a company for Kubernetes backup and recovery, announced near triple digit Annual Recurring Revenue (ARR) year-over-year growth in fiscal year 2022, driven by strong demand for simple, secure protection for Kubernetes deployments. Kasten, the fastest growing business within Veeam, also expanded its footprint by doubling the size of its staff and extending its presence in the enterprise space and key vertical markets such as finance, wireless telecom, and the public sector.
Gaurav Rishi, Vice President of Product Management at Kasten by Veeam said “Kasten by Veeam had a fantastic year reflecting the growth in demand for backup and disaster recovery tools within containerized environments.”
Rishi added “Based on how our customers are using Kubernetes, we believe there will be an acceleration of interest this year as companies pivot to DevOps and automation.
It’s an exciting time for Kasten by Veeam as we continue to deliver incredible innovation that is helping more customers realize the potential of containers to solve real-work business challenges.”
At the end of 2022, K10 V5.5 will be released, bringing significant new powers in the areas of autonomous operations and cloud native expansion. The operational complexity at scale and across various deployment environments were addressed, and it supported an organization’s ability to automate data administration duties. The company believes that third-party backup tools will become commonplace in data security as containers and Kubernetes become a more popular production platform.
According to recent ESG research commissioned by Kasten, “83% of organizations will be using containers in the next 12 months,” said Christophe Bertrand, Practice Director at ESG.
Bertrand added “The container backup market will continue at a fast pace, considering 93% of organizations think it is important to have a container backup and recovery management solutions that works across multiple public cloud infrastructure. “
Over the years, there has been a significant rise in the adoption of Kubernetes, and as a result, the demand for better data security is expected to drive this growth further. To achieve success, it is crucial to educate oneself. KubeCampus.io, an educational platform by Kasten, provides free courses and practical labs on Kubernetes. The platform witnessed a surge of 50% in its user base in 2022, with over 15,000 users and 12,000 labs completed by the end of the year.
