Veeam Software's Veeam Cloud Provider (VCP) programme continues to grow revenue at a year-over-year rate of 100+ percent across APAC, even faster than the overall growth of the company, the software company announced on Thursday.
Veeam is an innovative provider of backup, replication and virtualisation management solutions for VMware vSphere and Microsoft Hyper-V. Its VCP programme offers flexible monthly and perpetual licensing to meet the needs of hosting, managed service and cloud service providers.
A statement from Veeam attributed the growth of the programme to ongoing product development, such as the recent release of Veeam Backup & Replication v7, which introduced new capabilities to service providers.
Veeam also recently introduced the Veeam Cloud Provider directory to connect service providers with Veeam's more than 80,000 customers and 20,000 resellers around the world
"The success of our VCP programme is a testament to the accelerating demand for cloud-based services and the need for hosting and managed service providers to safeguard their clients with Modern Data Protection," said Don Williams, Regional Director APAC, Veeam Software. "Historically, the majority of our revenue from VCP licensing has been perpetual; however, we're experiencing a strong increase in monthly rentals, so much so that rentals now account for 45 percent of our total VCP revenue. We're meeting a critical need in the service provider industry and as a result, the VCP programme now accounts for a notable percentage of our annual revenue.
The Veeam Cloud Provider programme currently has 466 service provider participants across APAC (4,000 worldwide). Monthly rental is available in more than 70 countries from more than 50 Veeam aggregators.
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