Backup software specialist Veeam is set to increase its presence in Asia by tripling its headcount in the region by next year, according to a top company executive.
Speaking to Techgoondu on the sidelines of the VeeamOn conference in Las Vegas last week, Julian Quinn, Veeam’s vice president for Asia and Japan said the company is also looking to expand the number of partners in the region.
“We’ve been moving very rapidly in the region,” Quinn said, adding that the company has already established operations in Australia, New Zealand, Singapore, Thailand, Japan, Malaysia, China, Hong Kong and Taiwan to get closer to the ground.
Quinn noted that many markets in Asia are under-penetrated, especially as more organisations in the region increasingly recognise the importance of providing always-on access to digital services.
“This is largely driven by the growing number of mobile users in Asia who expect content and applications on their devices to be always available,” he said. “So, whether you are large or small business, the brand impact of any downtime can be significant.”
While Quinn declined to reveal the proportion of Veeam’s revenues from Asia, he added that the region continues to be a strategic focus for the company.
“Our growth in the region is clearly in double-digits,” Quinn said. “We have to continue to grow at over 50 per cent – that’s the minimum expectation.”
During the third quarter of 2015, Veeam reported a 17 per cent growth in revenue bookings compared to the same period last year.
The Swiss company, which aims to become a US$1 billion business by 2018, also reported an 86 per cent year-over-year revenue growth for its Veeam Availability Suite Enterprise Plus edition.
Currently, 45 per cent of Veeam’s revenues come from Europe and 35 per cent from North America.
