Story image

Veeam enterprise push gains further strength with Magic Quadrant leadership ranking

07 Aug 17

Veeam Software’s enterprise push has received another boost, with the vendor ranked as a Leader in Gartner’s latest Magic Quadrant for Data Center Backup and Recovery Solutions.

Veeam is positioned alongside Dell EMC, Commvault, IBM and Veritas in the leaders quadrant. It is Veeam’s second consecutive year as a leader in the Magic Quadrant.

Nathan Steiner, Veeam ANZ head of systems engineering, says the Magic Quadrant ranking is ‘the latest recognition of our rapid growth in the top end of town, where our multi-cloud offerings are winning broad customer adoption’.

“While we have dominated the SMB market for years, we are now gratified to see our latest product versions acknowledged as best-in-class by enterprise customers in head-to-head competition for deals,” Steiner says.

“We are immensely proud of this result because the Magic Quadrant is a key part of the enterprise evaluation process and the go-to resource for our enterprise customers across the globe,” he says.

Gartner says Veeam has become the fourth-largest backup vendor, based on 2016 revenue, and is ‘frequently’ showing up on vendor shortlists for backup software.

“For the last several years Veeam has been – and continues to be – one of the fastest-growing companies in the backup industry,” Gartner says.

The Magic Quadrant says Veeam offers rich functionality and many simple recovery options or the VMware and Hyper-V environment and continues to stand out with numerous agentless VM recovery options and ‘unique functions to overcome hypervisor-native limitations’.

“Over the years it has added data centre functions, such as tape support and storage snapshot integration, as well as integration with key deduplication backup target appliances to improve storage efficiency,” Gartner says.

“Customers and references have favourable comments on ease of management.

“Roadmap items before the end of 2017 include converged management and virtual physical server backup and NAS backup,” the Magic Quadrant notes.

However, it also notes that Veeam’s pricing has become less competitive and less flexible than some key competitors and that the vendor ‘has only just begun officially supporting physical server environments and has yet to fully integrate or prove these capabilities’.

The company recently announced its 36th consecutive quarter of double digit growth, with 27% year on year growth in total global bookings for Q2 2017 and a whopping 60% year on year growth in total revenue booking in ANZ.

Actifio and new entrant Rubrik were ranked as visionaries in the magic quadrant, with Unitrends, HPE an Arcserve making it into the niche players category. No companies were listed in the challengers segment.

Kiwis make waves in IoT World Cup
A New Zealand company, KotahiNet, has been named as a finalist in the IoT World Cup for its River Pollution Monitoring solution.
Can it be trusted? Huawei’s founder speaks out
Ren Zhengfei spoke candidly in a recent media roundtable about security, 5G, his daughter’s detainment, the USA, and the West’s perception of Huawei.
Oracle Java Card update boosts security for IoT devices
"Java Card 3.1 is very significant to the Internet of Things, bringing interoperability, security and flexibility to a fast-growing market currently lacking high-security and flexible edge security solutions."
How SMBs can use data to drive business outcomes
With the right technology, companies can capture consumer, sales, and expense data, and use it to evaluate and construct future plans.
Survey shows that IoT is RoI across Asia Pacific
A recent Frost & Sullivan survey across Australia, Hong Kong and Singapore shows that IoT deployment improves business metrics by around 12%.
Sophos hires ex-McAfee SVP Gavin Struther
After 16 years as the APAC senior vice president and president for McAfee, Struthers is now heading the APJ arm of Sophos.
Security platform provider Deep Instinct expands local presence
The company has made two A/NZ specific leadership hires and formed several partnerships with organisations in the region.
Half of companies unable to detect IoT device breaches
A Gemalto study also shows that the of blockchain technology to help secure IoT data, services and devices has doubled in a year.