Veeam Software, a provider of backup, recovery, and data management solutions that deliver Modern Data Protection, launched VeeamON 2022, the Modern Data Protection Conference of the Year, delivering a rich, hybrid experience to nearly 45,000 registrants from around the world. Outlining the company’s vision for data protection across Cloud, Virtual, Physical, SaaS, and Kubernetes environments through a blend of on-site and virtual experiences, VeeamON 2022 includes keynote sessions from Veeam’s leadership – including new CEO, Anand Eswaran, and Danny Allan, CTO & SVP Product Strategy – as well as guest speakers from HBC and KASIKORN Business-Technology Group [KBTG], among others, and provides valuable insight to help customers and their partners who are looking to accelerate their data protection journeys.
“It is a thrill to host VeeamON 2022 as an in-person event for the first time since our Miami event in 2019,” said Anand Eswaran, CEO at Veeam. “While we’ve all made the most of virtual experiences over the past couple of years, there is no substitute for real-life engagement. At VeeamON 2022, we are not only sharing our vision for the future of data protection, but also celebrating the fact that Veeam is now the tied #1 data protection vendor in the market and that we have delivered 25% ARR growth Year-over-Year (YoY) for Q1’22, with our Cloud, SaaS and Kubernetes businesses all growing significantly. While the macro trends facing the IT industry provide many challenges, such as the threat from ransomware attacks and the global adoption of multi-/hybrid-cloud architectures, we, as a community, have rallied together to deliver the most robust solutions to our customers.”
Veeam has released over 30 product updates in the last year, including Veeam Backup & Replication v11a, which includes cloud-native solutions to protect data across AWS, Azure, and Google Cloud. Veeam had a record FY21, reporting 27 percent ARR growth YoY, with Veeam Backup for Microsoft 365 business growing faster than expected at 73 percent YoY and Veeam Availability Suite growing more than 36 percent YoY.
This success has continued in Q1 2022, with Veeam reporting a 25% year-on-year increase in ARR and a 78% year-on-year increase in subscription revenue. Veeam is the tied #1 provider in IDC’s DR&P market during 2H’21 due to such consistent performance. Veeam had the fastest revenue growth in the worldwide data replication and protection (DR&P) market among the top five vendors, all other vendors combined, and the overall market average in the latest IDC Semi-annual Software Tracker, 2H’21. In fact, Veeam’s YoY growth was more than double that of its nearest named top five market competitors.
“To be tied #1 in the market is a huge achievement, not just for Veeam but our entire ecosystem, and we want to thank our customers and partners for making this a reality,” added Eswaran. “The entire Veeam team is obsessed with driving customer success, but to see this recognized is terrific. During VeeamON 2022 attendees will hear how Veeam’s roadmap for the rest of this year and into 2023 will deliver more breakthrough innovations; innovations that will help customers drive business efficiency and agility, protect their data no matter where it resides, and ensure that they are well prepared for the next stage of digital transformation.”
Veeam is also releasing the findings of its inaugural Ransomware Report at VeeamON 2022. According to an independent survey of over 1,000 IT leaders who had experienced cyber-attacks, 47 percent of an organization’s data is encrypted, and only 69 percent of that data is recoverable. Moreover, paying the ransom does not guarantee recovery, with 94 percent of attackers attempting to destroy backup repositories as part of the attack, and more than half of companies admitting that their cybersecurity protocols require a complete overhaul or significant improvement to protect against growing threats.
Only 19% of organizations were able to recover their data without paying the ransom in 2021; Veeam’s focus moving forward is on assisting the remaining 81 percent of global organizations in making the same claim.
While VeeamON 2022 is focused on sharing knowledge with its customers and partners, the company is also committed to the next generation of IT professionals through its support of Girls Who Code. Attendees at VeeamON, whether in person or virtually, can help to close the gender gap in technology. Attendees are encouraged to enter the VeeamON 2022 photo booth and take a photo or video to demonstrate their commitment to the next generation of IT professionals, and to select Girls Who Code as their charity of choice, and Veeam will make a donation on their behalf.
“At Girls Who Code, we understand that it’s not enough to foster a passion for computer science among girls and young women. We also need to build pathways to ensure that they are given equal access to opportunities that turn their interest into lucrative and exciting careers”, said Tarika Barrett, CEO of Girls Who Code. “We’re grateful for our partnership with Veeam as we work together to close the gender gap in tech, level the playing field for our most marginalized students, and build an inclusive tech workforce that’s representative of the diverse world we live in today.”
