Veeam Software, the leader in backup, recovery and data management solutions that deliver Modern Data Protection, kicked off its annual user conference, VeeamON 2022, the Modern Data Protection Conference of the Year, delivering a rich, hybrid experience to almost 45,000 registrants from across the globe. VeeamON 2022, a blend of on-site and virtual experiences that outline the company's vision for data protection across Cloud, Virtual, Physical, SaaS, and Kubernetes environments, features 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.
“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.”
Over the past year, Veeam has unveiled more than 30 product updates, including Veeam Backup & Replication v11a, which includes the cloud-native solutions to protect data across AWS, Azure and Google Cloud. These innovations ensured Veeam enjoyed a record FY21, reporting 27% ARR growth YoY, with Veeam Backup for Microsoft 365 business growing faster than expected with 73% YoY growth and Veeam Availability Suite™ growing over 36% YoY. Veeam's success continued in Q1 2022, with a 25 per cent year-over-year increase in ARR and a 78 per cent year-over-year gain in subscription revenue. Veeam is the tied #1 provider worldwide in IDC's DR&P market during 2H'21, because of its continuous 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, according to the latest IDC Semi-annual Software Tracker, 2H'21. Veeam's YoY growth was more than double that of its closest listed top five 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 recognised 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.”
At VeeamON 2022, Veeam is also releasing the findings of its inaugural Ransomware Report. An independent survey of more than 1,000 IT leaders, who had suffered cyber-attacks, revealed that on average, 47% of an organisation’s data is encrypted and only 69% of that data was recoverable. Moreover, paying the ransom does not guarantee recovery, with 94 per cent of attackers attempting to destroy backup repositories as part of the attack, and more than half of companies admitting that their cybersecurity protocols need to be completely overhauled or significantly improved to protect against growing threats. Only 19% of organisations were able to recover their data without paying the ransom in 2021; Veeam's goal is to help the remaining 81 per cent of global organisations make the same claim in the future.
Community is at the heart of VeeamON 2022 and while the company is focused on sharing knowledge with its customers and partners, it is also committed to the future generation of IT professionals through its support of Girls Who Code. VeeamON attendees, whether attending virtually or in-person, can help make a difference to close the gender gap in technology. Attendees are encouraged to step into the VeeamON 2022 photo booth and take a photo or video to show their commitment to the next wave of IT professionals and select Girls Who Code as their charity of choice, and in doing so 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 marginalised students, and build an inclusive tech workforce that’s representative of the diverse world we live in today.”
