2024 has been the year of data resilience. AI has become mainstream, cybersecurity threats have grown in volume and sophistication, and there’s a growing wave of digital transformation with organizations moving their platforms from hypervisors to the cloud, Kubernetes, or elsewhere. In a world where data powers every transaction, decision, and service, the market has started to demand more flexible and more powerful solutions. Workloads that need protection grow in size and tend to change type and location. Therefore, organizations are exploring consuming solutions as-a-service more than ever. Today, it’s the norm for hybrid- and multi-cloud deployments to protect physical, virtual, Kubernetes, IaaS, PaaS, and SaaS data all at once.
As the market has evolved, Veeam has broadened its capabilities from backup and recovery to encompass end-to-end ransomware protection and the ability to easily move data to new applications and platforms too. Our mission is to power data resilience and keep every business running. Veeam focusses on data — your data. But what does it mean for a company to pursue data resilience?
Veeam looks at it as spanning across five core pillars:
- Data backup: Veeam has the most comprehensive backup capabilities powered by our 4-in-1 data capture of backup, replication, storage integrations, and Continuous Data Protection (CDP).
- Data recovery: Veeam enables the fastest recovery with industry-leading recovery point objectives and recovery time objectives (RPOs and RTOs), reduced downtime with instant recovery, and advanced disaster recovery (DR) planning and orchestration.
- Data freedom: Our patented portable data format delivers complete data mobility and portability that no other vendor can deliver.
- Data security: Veeam’s AI-driven threat detection is the industry benchmark, and Veeam has integrated the most comprehensive array of threat detection technologies.
- Data intelligence: Take advantage of automatic diagnostics and remediation analysis, the Veeam AI Assistant, and backup data reuse for data mining, dev/test, and more.
According to our vendor-agnostic research, backups are targeted in 96% of ransomware attacks, and are successfully infiltrated 76% of the time. So, we acquired Coveware for incident response, expanded integrations with our growing security ecosystem, and introduced our Veeam Cyber Secure program, an end-to-end offering aimed to ensure that no backup is ever compromised.
Our pace of innovation has not slowed; Veeam has released over 30 product updates in the past 12 months, including two key new offerings: Veeam Data Cloud for first party as-a-service protection and Coveware by Veeam for cyber incident response. We ensure that our 550,000+ customers have what they need to be fully protected.
When we are recognized by a respected industry analyst firm, we believe it is a testament to the loyal and happy customers who rely on us to keep their businesses running. I am proud to announce that Veeam has been named a Leader in the 2024 Gartner® Magic Quadrant™ for Enterprise Backup and Recovery Software Solutions1 for the eighth time in a row and positioned as highest in Ability to Execute for the fifth consecutive time.
I must also take a moment to thank our partners, customers, and every Veeam employee for their efforts in helping us receive this recognition for so many years. The continued support Veeam receives fuels our drive to provide the best in data resilience. Veeam is committed to its customers’ journeys and will continue to advance data resiliency fundamentals to ensure that every business continues to run despite ever-growing threats and data growth. Those who attended VeeamON 2024 in-person or virtually witnessed exciting announcements and product demonstrations that will soon be delivered. The best is yet to come!
1Gartner, Magic Quadrant for Enterprise Backup and Recovery Software Solutions, Michael Hoeck, Jason Donham, Chandra Mukhyala, Rene Rodriguez, 6th August 2024
The name of the report was changed from Magic Quadrant for Data Center Backup and Recovery Software in 2016 to Magic Quadrant for Data Center Backup and Recovery Solutions in 2017 and to Magic Quadrant for Enterprise Backup and Recovery Software Solutions in 2021.
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