Veeam® Software, a prominent leader in Data Resilience, has once again been recognized by Gartner, Inc., securing a spot in the Leaders quadrant of the 2024 Magic Quadrant for Enterprise Backup and Recovery Solutions. This marks the eighth consecutive year that Veeam has earned this distinguished recognition, and the fifth straight year that the company has been ranked highest for its ability to execute. Veeam views this continued recognition as a testament to why enterprises globally rely on its solutions to ensure their business operations remain secure and uninterrupted.
Veeam’s standing as the #1 global provider is further affirmed by International Data Corporation (IDC), which in its latest IDC Semiannual Software Tracker, 2023H2, positioned Veeam as the top provider in the Data Replication & Protection software category.
“Data is the lifeblood of the modern world, and its availability is critical, no matter the circumstances. That’s what Data Resilience is all about,” said Anand Eswaran, CEO of Veeam. “Veeam provides peace of mind to over 550,000 organizations across more than 150 countries. Our dedication to delivering enterprise-grade data resilience—from backup and recovery to comprehensive ransomware protection—has propelled us to the top of the global market.”
Eswaran added, “Being recognized as a Leader in the Gartner Magic Quadrant for the eighth year in a row underscores our unwavering commitment to offering the most comprehensive solutions to keep businesses running smoothly.”
In the past year, Veeam has introduced over 30 product updates, underscoring its commitment to innovation. Key offerings include:
- Veeam Data Platform: This all-in-one solution delivers data backup, recovery, security, and freedom, enabling businesses to back up and use their data without being locked into a specific platform or cloud. With a focus on security, Veeam Data Platform offers instant recovery from cyber threats, helping companies meet regulatory compliance requirements while minimizing risks to both on-premises and cloud-based data.
- Veeam Cyber Secure Program: This program provides enterprises with comprehensive support before, during, and after cyber-attacks. In addition to ensuring that Veeam solutions meet the highest security standards, the program includes a $5 million USD Ransomware Recovery Warranty. It also offers access to a global team of cyber threat experts and patent-pending technology from Coveware, a recent Veeam acquisition. With a 15-minute SLA for incident response, the program focuses on minimizing damage and determining the best recovery path for enterprises, drawing on extensive experience handling over 1,000 cyber extortion cases annually.
- Veeam Data Cloud: This service delivers Veeam’s renowned data protection capabilities as a service for Microsoft 365 and Azure. With policy-driven simplicity and out-of-the-box readiness, Veeam Data Cloud streamlines backup processes while maintaining direct access and control over data. Its cloud-native design offers optimal protection for Microsoft 365 and Azure, safeguarding some of the most critical data for many organizations.
- Veeam Data Cloud Vault: A recent addition to Veeam’s offerings, this cloud-based storage service allows users to securely store backup data off-site in an immutable and encrypted format, providing an extra layer of protection for essential information. Veeam Vault is specifically designed to empower users of the Veeam Data Platform with secure cloud storage while eliminating the complexities of managing infrastructure and unpredictable cloud costs.
Gartner’s Magic Quadrant reports are the result of rigorous, fact-based research in specific markets, offering a comprehensive view of the relative positions of various providers. These reports categorize vendors into four quadrants: Leaders, Challengers, Visionaries, and Niche Players. The 2024 report evaluated 13 vendors in the enterprise data backup and recovery solutions market.
