Veeam Positioned in the Leaders Quadrant of the 2016 Magic Quadrant for Datacenter Backup and Recovery Software by Gartner
June 2016 by Coline Magne
Veeam® Software announced it has been positioned by Gartner, Inc. in the Leaders quadrant of the June 2016 Magic Quadrant for Datacenter Backup and Recovery Software.
This 2016 "Magic Quadrant for Data Center Backup and Recovery Software" is a refocus and update to the "Magic Quadrant for Enterprise Backup Software and Integrated Appliances" that was last published in June 2015. The renamed Magic Quadrant and updated market criteria are in response to Gartner client requests to focus more on backup and recovery software for the upper midsize to large enterprises that protect data center workloads managed by data center personnel.
Veeam announced a 24 percent year-on-year (YoY) growth in total bookings revenue for Q1 2016, further demonstrating the industry’s growing appetite for Availability. With 75 percent YoY increase in total bookings revenue from large-sized deals, Veeam’s Q1 2016 success clearly demonstrates that enterprises are embracing Veeam’s innovative approach of delivering availability solutions, which enable SLAs (service level agreements) for recovery time and point objectives (RTPO™) of less than 15 minutes for all applications and data.