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Veeam earns strong Q3 ME results

Veeam wrapped up its channel activities in 2014 on a high note with strong third quarter results in the Middle East, including triple-digit percentage growth in the UAE.

The results for the Middle East region demonstrated a year-on-year revenue rise of 158%, when compared with the same period in 2013.

Meanwhile, revenues for the UAE rose by 118% over the same period.

During the quarter, the company acquired approximately 10,000 new customers, with total paid customers now surpassing 121,500.

The number of new enterprise customers grew 108% year-over-year, and revenue from enterprise customers grew 140% over the same period.

The latest results mark the twenty-seventh consecutive quarter in which the company saw total revenue bookings hit double-digit percentage growth.

“2014 has been a great year for Veeam in the UAE channel. In fact, through the course of this year, we have forged partnerships that have really strengthened our position in the GCC as a whole – we currently have over 900 clients in the Middle East, and are confident this figure will increase over 2015,” said Gregg Petersen, Regional Director, Middle East and SAARC, Veeam Software. He added, “Currently, the UAE is leading Veeam’s growth in the Middle East region, representing about 33% of its revenue.”

Meanwhile, in September this year, Veeam announced new technical training and certification programmes for its reseller pro-partners and end-users in the Middle East.

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