Veeam releases v3 of its MS Office backup solution

Veeam Software has released the latest version of its Backup for Microsoft Office 365 solutions, Version 3.

As enterprises are responsible for protecting their Office 365 data, Veeam's solution delivers secure backup for Office 365 Exchange Online, SharePoint Online OneDrive for Business and Microsoft Teams, enabling quick recovery of individual items and efficient eDiscovery of backup data for Office 365 or hybrid environments.

"A majority of organisations are adopting the Microsoft Office 365 platform and while Microsoft provides management and uptime for the cloud-based services, it is the individual company's responsibility to protect their data," says Veeam product strategy vice president Danny Allan.

"Veeam's innovative solutions give organisations the control to intelligently manage and retain access to their business-critical information for regulatory governance, compliance and recovery purposes.

"It is resonating with businesses across the globe. Veeam Backup for Microsoft Office 365 has been downloaded by more than 55,000 organisations, representing seven million Office 365 users. This solution represents 549% year-over-year growth and now takes the place as our fastest-growing product. With the market acceptance and demand of this solution, we expect version 3 to further accelerate our dominance in this space.

The rapid market adoption and growth of Microsoft Office 365 has created an opportunity for service providers to offer backup solutions to the more than 140 million Office 365 users in a US$2.5 billion global market.

With Veeam Backup for Microsoft Office 365 v3, Veeam Cloud - Service Providers (VCSPs) assist with secure backup of Office 365 Exchange Online, SharePoint Online and OneDrive for Business data; quickly restoring individual items through a number of flexible receiver options and providing the capability to efficiently automate and scale an Office 365 backup revenue stream.

Veeam Backup for Microsoft Office 365 v3 eliminates the risk of losing access to business-critical data and ensures the organisation remains in control.

Version 3 makes it easier to efficiently back up and reliably restore Office 365 Exchange, SharePoint and OneDrive data with:

• Up to 30x faster backup for SharePoint Online and OneDrive for Business, shortening Office 365 backup windows
• Improved security for Office 365 backup data with support for multi-factor authentication
• Enhanced visibility and analytics with Office 365 data protection reports that assist with identifying unprotected mailboxes while managing license and storage use