Veeam Continues to Dominate Cloud Data Management with Q3'19 Double-Digit Growth
India, Oct. 30 -- Veeam Software announced results from Q3 2019 and is yet again outpacing the market. In an aggressive market that is seeing both legacy and newcomers falter, Veeam has reported another quarter of double-digit growth with an annual recurring revenue (ARR) increase of 24 percent year-over-year (YoY) and huge uptake in its new Veeam Universal License (VUL) subscription pricing model which saw a 108 percent rise in bookings for the same period. In SAARC, net new customers (NNC) added was 34 percent YoY and partners added account to 65 percent YoY. Veeam also reported that in its annual customer satisfaction survey it scored a Net Promoter Score (NPS) of 75; this score sees Veeam exceeding the market average, and is the sixth...
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