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Veeam Availability Suite

Veeam Tightens Leadership Grip in Cloud Data Management Market with 26% ARR Growth in Q2 2019

Double-Digit Growth in Annual Recurring Revenue Highlights Accelerated Transition to a Subscription Business Model and Continued Success as Veeam Embraces Act Ii of Its Company Evolution Veeam Software, the leader in Backup solutions that deliver Cloud Data Management, announced results from Q2 2019. Having recently exceeded $1 billion in annual bookings, joining an elite group of software leaders, Veeam’s annual recurring revenue (ARR) increased 26 percent year-over-year (YoY) in Q2 2019, a testament to the success of a…