Continuity in Business is a Premise for Good Business Results

According to Veeam’s global research, companies in 2015 experienced an average of 15 unplanned outages, an increase compared to 2014, and the duration of these outages is also increasing, particularly for applications that are critical to business. In today’s digital era, this is unacceptable, and companies need business continuity plans, with constant availability of their services thanks to the latest software that ensures ‘always-on’ business.

Modern companies increasingly rely on software in their operations, so IT departments can no longer get by with the attitude that their service level is ‘okay’ because constant availability and business continuity are the first premises for good business results and satisfied customers, Veeam stated to participants at the WinDays conference.

However, the results of Veeam’s global research show that annual unplanned outages in companies have increased from 13 to 15, the duration of these outages is getting longer, and companies need much more time to recover data and applications. Given that last year saw a record number of people connected (about 42 percent of the world’s population) and with the assumption that by the end of 2020 there will be nearly 21 billion connected devices worldwide, such results are completely unacceptable in today’s economy where speed and reliability are business imperatives, and access to data and applications 24/7 has never been more important, emphasized Veeam.

– A good portion of companies and speakers would probably not be in Poreč these days if they had not based their business on constant availability because users and partners expect this from them, and without it, there are no successful business results, said Saša Hederić, regional manager for Southern and Eastern Europe at Veeam.

– Most organizations are aware of this and are significantly investing in modernizing data centers through virtualization, storage systems, and cloud technologies, but a large number of them still do not meet their business goals and cannot save on IT investments. At the same time, according to our global research, companies in 2015 experienced an average of 15 unplanned outages, which is an increase compared to 2014, and the duration of these outages is also increasing, particularly for applications that are critical to business. In today’s digital era, this is unacceptable, and companies need business continuity plans, with constant availability of their services thanks to the latest software that ensures ‘always-on’ business.

The latest upgrade of the Veeam Availability Suite™ version 9.5 with Nimble Storage will enable companies to shift from backup processes to business continuity periods, achieving targeted recovery time and point of less than 15 minutes for all applications and data, Veeam explained the new functionality.

Veeam’s global business results confirm that companies have recognized the advantages of their innovative solutions, as they have grown from a start-up in 2007 to one of the top 5 global data protection software vendors today. According to the results from the end of 2015, Veeam achieved a global revenue growth of 22 percent. This is significantly higher than the market average, and IDC data also shows that a growth rate of 6.3 percent for revenues in this sector is expected by 2019. Furthermore, since the launch of its flagship product in early 2008, Veeam Backup & Replication, Veeam has generated a total of $1.5 billion in revenue, without venture capital funding. Given the trends and Veeam’s solutions in meeting market needs, Veeam is on track to meet its goal of achieving $1 billion in annual revenue by 2018.

– In Croatia, Veeam ended last year with a 5 percent revenue growth and 31 percent more new users. I believe that WinDays also shows the potential of our market for further IT development, and our results show that there are companies in Croatia that have recognized the business advantages that constant availability brings them, concluded Hederić.