Veeam gains from VCSP program, ARR up 33 pc in Q4, 2019

Spread the love

Columbus, USA: Veeam said that its VCSP program has made a positive impact on its ARR (annual recurring revenue). Backed with over 25,000 cloud & service provider partners, the VCSP program reported a 33% increase in ARR, year-over-year (YoY) for Q4’ 2019.

Veeam launched the Veeam Cloud & Service Provider (VCSP) program in March 2010 to enable service providers leverage its software to offer reliable, revenue-generating Backup as a Service (BaaS) and Disaster Recovery as a Service (DRaaS) offerings.

As part of the 10-year anniversary of VCSP program, the company has announced decided to offer program discounts, updates and release a new Veeam Service Provider Console v4.

Veeam Service Provider Console v4 includes new capabilities that make it easier for service providers to remotely manage and monitor their customers’ Veeam environments and is offered free to VCSP partners.

The VCSP program’s success has been credited to company’s vision to offer simple, flexible and reliable backup solutions to customers as per their preferences like self managed backup or as a service, according to Jim Kruger, CMO – Veeam.

“This is why Veeam has invested in building a robust ecosystem of cloud and service providers, allowing companies of any size to have a Veeam-powered solution delivered in the manner that’s best suited for them,” said Kruger.

As part of VCSP program’s 10th anniversary, Kruger informed that the company is introducing new discounts and capabilities that will help cloud and managed service providers profitably scale their managed BaaS and DRaaS business.

“Today, many of our VCSP partners are reporting double, even triple, digit growth in their businesses. We look forward to celebrating future successes with our VCSP partners as we focus on our ‘better together’ strategy,” he added.

“Veeam’s simple, reliable and flexible platform help ESDS meet the complex demands of customers and protect their workloads,” said Piyush Somani, Founder, CMD & CEO – ESDS, a major cloud services provider in India.

Leave a Reply

Your email address will not be published. Required fields are marked *