NAKIVO Reveals Q1 2018 Results and Revenue Growth of 72% in EMEA
NAKIVO reports 72% revenue growth in EMEA in Q1 2018 vs. Q1 2017, continues to maintain a steady growth rate in the VMware, Hyper-V, and Amazon EC2 backup markets worldwide.
Sparks, NV, United States — May 14, 2018
NAKIVO Inc., a fast-growing software company dedicated to protecting virtualized and cloud environments, announced their Q1 2018 results today.
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In Q1 2018, NAKIVO achieved the following:
Revenue: In Q1 2018, NAKIVO gained 46% more revenue worldwide vs. Q1 2017, with revenue in the EMEA region growing by 72%. More than a half of the revenue (58%) came from the EMEA region, 30% came from the Americas, and 11% came from the Asia-Pacific region. The three countries producing the most revenue in Q1 2018 were the United States, Germany, and Italy. NAKIVO experienced QoQ revenue growth of more than 100% in South Africa, South Korea, Turkey, Bulgaria, Mali, Ethiopia, Brazil, Hong Kong, Canada, Portugal, and Thailand.
Customers: In Q1 2018, most of NAKIVO’s new customers came from the EMEA region (71%), while 22% came from the Americas, and 7% came from the Asia-Pacific region. As of Q1 2018, NAKIVO has customers in 111 countries worldwide and has expanded into St. Maarten, the Dominican Republic, the Solomon Islands, Tonga, Angola, Oman, and Morocco for the first time.
Solution Partners: NAKIVO has increased the number of their solution provider partners by 51% in Q1 2018 vs. Q1 2017. In Q1 2018, 299 new solution providers joined the NAKIVO Partner Program and now offer NAKIVO products to their enterprise and SMB customers. NAKIVO now has over 2,600 software solution providers as Partners across the Americas, Europe, Africa, the Middle-East, and the Asia-Pacific region. Solution Partners from Mali, Uganda, Angola, Curacao, Afghanistan, and Montenegro have joined the NAKIVO Partner Program for the first time.
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) to their customers using NAKIVO Backup & Replication. In Q1 2018, NAKIVO has increased the number of qualified Cloud Providers to 195.
"We are pleased with our results and steady growth rate in Q1 2018, as more new customers, solution partners, and cloud providers adopt NAKIVO Backup & Replication globally,” said Bruce Talley, CEO and co-founder of NAKIVO. “Our objective is to provide the best functionality, usability, and reliability for SMBs as well as enterprises with our outstanding products. At the beginning of Q2 2018, with the introduction of NAKIVO Backup & Replication v7.4, which includes a series of new features, we aim to gain even more business."
- Trial Download: /resources/download/trial-download/
- Datasheet: nakivo-backup-replication-datasheet.pdf
- Success Stories: /customers/success-stories/
Founded in 2012, NAKIVO is a US corporation dedicated to developing the best data protection solution for VMware, Hyper-V, and cloud environments. With 20 consecutive quarters of double-digit growth, 5-star online community reviews, 97.3% customer satisfaction with support, and more than 10,000 deployments worldwide, NAKIVO is one of the fastest-growing data protection software vendors in the industry. NAKIVO’s customers include great companies such as Honda, Coca-Cola, China Airlines, Microsemi, and many others. NAKIVO has a global presence, with over 2,600 channel partners in 134 countries.
Visit us at: www.nakivo.com
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Join us on LinkedIn: www.linkedin.com/company/nakivo
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