Through the Veeam Platform, the Switzerland-based company developed an ecosystem that optimizes the protection of varying workloads across major platforms. Already earning over $1 billion in revenue annually, the firm is a backup and recovery market leader doing business in 180+ countries. The backup provider boasts more than 400,000 customers worldwide and currently serves 82% of the Fortune 500.
Read more: Veeam named to Best Disaster-Recovery-as-a-Service Solutions 2021 by CIO Insight.
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Veeam Products and Solutions
Veeam Backup & Replication
Veeam’s flagship product and platform for modern data protection are Veeam Backup & Replication. The Platform helps organizations protect the hybrid infrastructure, including physical, virtual, application, SaaS, and cloud workloads. Essential features that come with the company’s solution include:
- Backup and recovery options for efficient restorations
- Data reuse for testing, mining, and DevOps
- Replications and disaster recovery orchestration for critical applications
- Monitoring and analytics for added visibility, speed, and security
- Storage and management APIs offer scalability for growing networks
Also read: What is Backup Software?
Veeam Availability Suite
The Veeam Availability Suite brings the company’s backup and replication and Veeam ONE. ONE is an add-on that provides advanced monitoring and analytics to an organization’s entire IT infrastructure. With insights from software agents like Microsoft Hyper-V, Nutanix AHV, and VMware vSphere, administrators have more visibility to track resource allocation, automate configuration problems, and analyze the state of network segments.
See why Veeam makes ServerWatch’s Top Server Backup Software & Solutions 2021.
The backup solution provider touts over 70,000 hardware and software partners, managed service providers (MSP), and system integrators. Starting with VMware over a decade ago, the company has consistently partnered and integrated its solutions with big-name platforms. Notable partners added over the years include HPE, Cisco, NetApp, AWS, Microsoft, Nutanix, and more.
To support a global network of stakeholders interested in data protection and availability, Veeam has hosted multiple annual conferences since 2014 dubbed VeeamOn. Through sessions presented by IT pros and company partners, stakeholders get insight and discuss trends in the backup and recovery solution space.
Recognition and Reviews
In an ongoing streak, Veeam’s received market Leader status on the Gartner Magic Quadrant for Enterprise Backup and Recovery Software Solutions for the last six years (2016-2021). For the Forrester Wave, the company was named a Leader in Data Resiliency Solutions in 2019.
On Gartner Peer Insights, Veeam holds an average of 4.7 / 5 stars in 1093 reviews for its Data Center Backup and Recovery solutions. Features highlighted include timely vendor responses, ease of deployment, and product performance, manageability, and efficiency.
Veeam: Company background
After the success of Aelita Software and its sale, former college roommates at Ohio State University and founders Ratmir Timashev and Andrei Baronov started Veeam Software in 2006 to produce tools for virtualization technologies. Two years later, the company would release its new flagship software solution, Veeam Backup & Replication, providing backup, restore, and replications capabilities for physical, virtual, and cloud-based systems.
Veeam’s name comes from the phonetic pronunciation of the popular acronym “V-M,” owing to its virtual machine technology. The company’s headquarters are in Baar, Switzerland.
Growth, Acquisitions, and Financials
Veeam’s made a few acquisitions to expand its virtualization and integration capabilities, including nworks in 2008, N2WS in 2017, and Kasten in 2020. Dubbed a unicorn for its valuation over $1 billion, the company surpassed $1 billion in revenue in 2019. In January 2020, private equity firm Insight Partners acquired Veeam for $5 billion.