The demand for virtualisation, disaster recovery, and cloud computing has contributed to a successful year for solutions provider Veeam Software, whose products are built on VMware's vSphere and Windows Server Hyper-V.
Veeam said its year-on-year revenue grew 67 percent in the third quarter ending 2012 while new licences increased 48 percent over the same period last year. Its cloud services business grew 58 percent in the last quarter alone.
Its customer base in the region increased by 28 percent, and Veeam said this increase has contributed significantly to the company's global success in reaching a milestone of 50,000 customers worldwide.
Veeam attributed this growth to the demand and rapid adoption of virtualisation "as more and more businesses see its value from an operational and business perspective," said Don Williams, regional director, APAC, Veeam Software.
According to Raymond Goh, senior systems engineer at Veeam, the solutions provide fast backup, reduce backup windows and recovery in minutes instead of hours. These are the benefits that Veeam customers enjoy. He also claimed that 40 percent of Fortune 500 companies are Veeam customers.
Aside from delivering innovative products to the market, Veeam also noted that one of the reasons for its success in the market is that they have made investments in the region.
The company's revenues for Pan Singapore increased by 110 percent year-on-year and new licenses grew by 86 percent in the third quarter.
Veeam recently opened new offices in Singapore as a regional business hub and as part of its strategy to establish further growth in the region. For 2013, the company said it will continue to invest in additional talent to support and further build its business with the help of its partners.
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