NAKIVO Wraps Up Q3 2019 with Revenue Growth of 68% Worldwide
NAKIVO wraps up Q3 2019 with revenue growth of 68% worldwide, as the company continues to accelerate in the backup and site recovery market for physical, virtual, and cloud environments worldwide.
Sparks, NV, United States — November 4, 2019
NAKIVO Inc., a fast-growing software company dedicated to protecting physical, virtual, and cloud environments, revealed its Q3 2019 results today.
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In Q3 2019, NAKIVO accomplished the following:
Revenue: In Q3 2019, NAKIVO grew its revenue by 68% worldwide as compared to Q3 2018, with revenue in the EMEA region growing by 103%. 66% of the total revenue came from the EMEA region, while 24% came from the Americas, and 10% came from the Asia-Pacific region. The United States, Germany, and South Africa were the highest producers of revenue for the company in Q3 2019.
NAKIVO’s revenue grew more than 100% QoQ in the United Arab Emirates, Ukraine, South Africa, Philippines, Saudi Arabia, Lithuania, Greece, Poland, Russia, Guadeloupe, Uruguay, Austria, and Germany.
Customers: In Q3 2019, the number of new customers grew by 31% in the EMEA region, by 28% in the Asia-Pacific region, and by 5% in the Americas. Overall, the company’s customer base grew by 24% worldwide in comparison to Q3 2018. At the time of writing, NAKIVO has customers in 133 countries worldwide, and has expanded into Cambodia, Bangladesh, and Equatorial Guinea for the first time.
A sample of Q3 2019 customer base includes Fielmann AG, Kmart Australia Limited, Ministry of Foreign Affairs, Republic of China (Taiwan), Cambodia Brewery Limited (Heineken), Radio Television Hong Kong, Employment Background Investigations, A&O Hotels and Hostels Holding AG, Sherman Independent School District, Uniqlo Europe, Naval Surface Warfare Center, Hancock County School District, and Arkansas State University.
Some examples of customer success stories include: Weldall (NAKIVO Saves Large Manufacturer 30% on Backup Costs and Boosts Recovery Time by 50%), Oriental Institute of Technology (NAKIVO Boosts Data Verification Speed by 48X for Oriental Institute of Technology), and Miralix (NAKIVO Helps Miralix Obtain Ease-of-Use and Management).
Solution Partners: In Q3 2019, 281 new solution providers joined the NAKIVO Partner Program and now offer NAKIVO products to their enterprise, as well as SMB customers. NAKIVO now has approximately 4,400 software solution providers as Partners across the Americas, Europe, Africa, the Middle-East, and the Asia-Pacific region. Solution Partners from Jamaica and Kazakhstan joined for the first time in Q3 2019.
Cloud Providers: NAKIVO’s Cloud Provider Program enables managed service, cloud, and hosting providers to deliver VM Backup-as-a-Service (BaaS), VM Replication-as-a-Service (RaaS), and VM Disaster-Recovery-as-a-Service (DRaaS) for their customers. In Q3 2019, NAKIVO increased their number of qualified Cloud Providers to 335.
“Q3 2019 brought us stable growth, including revenue growth of 68% worldwide, as well as significant customer wins,” says Bruce Talley, CEO of NAKIVO. “In Q3 2019, we also announced support for Windows Server Backup. Now, NAKIVO supports physical server backup, thus providing reliable data protection for mixed environments. With this announcement, we hope to accelerate our growth in Q4 2019 even more.”
- Trial Download: /resources/download/trial-download/
- Datasheet: nakivo-backup-replication-datasheet.pdf
- Success Stories: /customers/success-stories/
The winner of a “Best of VMworld 2018” Gold Award for Data Protection, NAKIVO is a US-based corporation dedicated to developing the ultimate backup and site recovery solution. With 20 consecutive quarters of double-digit growth, 5-star online community reviews, 97.3% customer satisfaction with support, and more than 14,000 paid customers worldwide, NAKIVO is one of the fastest-growing data protection software vendors in the industry. NAKIVO’s customers include great multinational companies such as Coca-Cola, Honda, China Airlines, DHL, and many others. NAKIVO has a global presence, with over 4,400 channel partners in 140 countries.
Visit us at: www.nakivo.com
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