Veeam Recognized as a Leader in the 2024 Gartner Magic Quadrant™ for Enterprise Backup and Recovery Software for the Eighth Consecutive Year

Veeam Achieves Top Position for Ability to Execute for Fifth Consecutive Year

Veeam® Software, a top player in Data Resilience, has been named a Leader in Gartner, Inc.’s 2024 Magic Quadrant for Enterprise Backup and Recovery Solutions. This marks the eighth year in a row that Gartner has placed Veeam in the Leaders quadrant, with the company also being ranked highest for its ability to execute for the fifth consecutive year. Veeam attributes its continued success to its robust solutions that ensure business continuity and security. The company is also recognized as the top global provider in Data Replication & Protection software according to the latest IDC Semiannual Software Tracker for the second half of 2023.

Anand Eswaran, CEO of Veeam, commented, “In a data-driven world, ensuring data is always available is crucial for resilience. Veeam delivers peace of mind to over 550,000 organizations across more than 150 countries by providing enterprise-grade solutions for backup, recovery, and ransomware protection. This ongoing recognition as a leader underlines our dedication to keeping businesses operational.”

Over the past year, Veeam has introduced over 30 product updates, including:

– **Veeam Data Platform**: This solution offers comprehensive data backup, recovery, and security while eliminating concerns about platform or cloud lock-in. It ensures instant recovery from cyber threats, maintains regulatory compliance, and provides robust resilience for both on-premises and cloud data.

– **Veeam Cyber Secure Program**: This program provides extensive support against cyber-attacks, including a $5 million Ransomware Recovery Warranty. It features global cyber threat expertise and technology from the newly acquired Coveware, which offers expert incident response with a 15-minute service level agreement (SLA) and extensive experience in handling cyber extortion cases.

– Veeam Data Cloud: This service delivers Veeam’s renowned data protection capabilities for Microsoft 365 and Azure, offering out-of-the-box, policy-driven simplicity with direct data control and cloud-native design.

– Veeam Data Cloud Vault: A new cloud storage service that securely stores backup data in an immutable and encrypted format. It provides additional protection and simplifies management by removing infrastructure and cost management concerns.

Gartner’s Magic Quadrant reports evaluate market providers based on comprehensive research, categorizing them into Leaders, Challengers, Visionaries, and Niche Players. The latest report assessed 13 vendors in the enterprise data backup and recovery solutions market.

Gartner, Magic Quadrant for Enterprise Backup and Recovery Software Solutions, Michael Hoeck, Jason Donham, Chandra Mukhyala, Rene Rodriguez, 5 August 2024.

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