NAKIVO Completes Q1 2019 with Revenue Growth of 45% Worldwide
NAKIVO completes Q1 2019 with a collected revenue growth of 45% and a total bookings growth of 49% worldwide, as the company continues to accelerate in backup and site recovery for VMware, Hyper-V, Amazon EC2, and Nutanix AHV environments worldwide.
Sparks, NV, United States — May 13, 2019
NAKIVO Inc., a fast-growing software company dedicated to protecting virtualized and cloud environments, revealed its Q1 2019 results today.
Tweet This: NAKIVO starts Q1 2019 with a revenue growth of 45%
In Q1 2019, NAKIVO accomplished the following:
Revenue:In Q1 2019, NAKIVO grew its revenue by 45% worldwide as compared to Q1 2018, with revenue in the Asia-Pacific region growing by 54%. Meanwhile, the company’s total bookings grew by 49% in comparison to Q1 2018. 59% of the total revenue came from the EMEA region, while 29% came from the Americas, and 12% came from the Asia-Pacific region. The United States, Germany, and Italy were the highest producers of revenue for the company in Q1 2019.
NAKIVO’s revenue grew more than 100% QoQ in Japan, Pakistan, Ireland, Croatia, Uruguay, Latvia, Indonesia, Nepal, Thailand, South Korea, Cyprus, and Belgium.
Customers:In Q1 2019, the number of new customers grew by 47% in the EMEA region, by 41% in the Americas, and by 49% in the Asia-Pacific region. Overall, the company’s customer base grew by 46% worldwide in comparison to Q1 2018. As of present, NAKIVO has customers in 132 countries worldwide, and has expanded into Gibraltar, Puerto Rico, and Kazakhstan for the first time.
Some examples of new customers include: Italian General Labour Union (NAKIVO Saves Time, Money, and Storage Space for Italian General Labour Union), Handel Architects (Handel Architects Saves 50% on Backup Costs with NAKIVO), and Seoul City Gas (NAKIVO Reduces Deployment Time and Minimizes Complexity for Seoul City Gas).
Solution Partners:NAKIVO has increased their number of solution provider partners by 18% in Q1 2019 vs. Q1 2018. In Q1 2019, 350 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 4,000 software solution providers as Partners across the Americas, Europe, Africa, the Middle-East, and the Asia-Pacific region. Solution Partners from Afghanistan, Cook Islands, and Paraguay joined for the first time in Q1 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 that are using NAKIVO Backup & Replication. In Q1 2019, NAKIVO increased their number of qualified Cloud Providers to 272. Cloud providers from Luxembourg, Tunisia, China, Algeria, and Croatia have joined the program for the first time.
“Q1 2019 brought us significant growth, including a collected revenue growth of 45% and a total bookings growth of 49% worldwide, as we are focused on providing SMBs and enterprises with the best backup and site recovery solutions,” says Bruce Talley, CEO of NAKIVO. “In Q2 2019, we aim to introduce v8.5 GA, with support for Nutanix AHV Hypervisor; this product release will enable us to fuel further growth into the remainder of 2019. Nutanix AHV users will get a fast, reliable, and efficient data protection solution to protect their Nutanix AHV environments from data loss threats.”
- 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 corporation dedicated to developing the ultimate VM 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 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 Coca-Cola, Honda, China Airlines, DHL, and many others. NAKIVO has a global presence, with over 4,000 channel partners in 140 countries.
Visit us at: www.nakivo.com
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Join us on LinkedIn: www.linkedin.com/company/nakivo
Contact us: Sasha Tolkachova, PR Manager / email@example.com / +1 416 845 3381