NAKIVO Announces 63% Revenue Growth in Q3 2020 Worldwide
NAKIVO concludes Q3 2020 with a 63-percent increase of its revenue worldwide, as the company continues to achieve success in the backup and disaster recovery market for physical, virtual, cloud and SaaS environments.
Sparks, NV, United States — October 26, 2020
NAKIVO Inc., a fast-growing software company dedicated to protecting physical, virtual, and cloud environments, revealed its Q3 2020 results today.
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In Q3 2020, NAKIVO accomplished the following:
Revenue: In Q3 2020, NAKIVO’s revenue grew by 63% worldwide, in comparison to Q2 2020. In Q3 2020, of the total revenue, 53% came from the EMEA region, 38% came from the Americas, and 9% came from the Asia-Pacific region. The highest producers of revenue in Q3 2020 for NAKIVO were the United States, France, and Spain.
NAKIVO’s revenue grew more than 100% QoQ in Peru, Nepal, Norway, Portugal, Ecuador, Luxembourg, Mexico, Puerto Rico, Romania, Bulgaria, Vietnam, Sri Lanka, France, Turkey, Croatia, Denmark, Singapore, Indonesia, Spain, and Slovakia.
Customers: Currently, NAKIVO has over 16,000 paid customers in 148 countries. The number of new customers grew by 32% in the EMEA region, by 29% in the Asia-Pacific region, and by 23% in the Americas. For the first time, customers from Togo, Cameroon, and Montenegro purchased NAKIVO’s solution. Enterprises are continuing to select NAKIVO Backup & Replication as their preferred data protection solution, with new deployments growing by 149% in Q3 2020 vs. Q2 2020.
A sample of customers in Q3 2020 includes L3Harris Technologies, Old Mutual, National Oceanic and Atmospheric Administration, Konrad-Zuse-Zentrum für Informationstechnik Berlin, Alabama Department of Public Health, City and County of Honolulu, and others.
Some examples of customer success stories in Q3 2020 include: SIAM (NAKIVO Helps Academic Association Meet RTO Requirements), HAM Precision (NAKIVO Protects Microsoft 365 Data for a Tool Manufacturer), and Nutrition Smart (Organic Grocery Store Chain Saves $10,000 with NAKIVO).
Technology Partners: In Q3 2020, NAKIVO successfully delivered its solutions via technology partners, as more enterprises and SMBs chose to install NAKIVO Backup & Replication on partner hardware. Particularly, ASUSTOR NAS installations grew by 41% in Q3 2020 vs. Q3 2019.
Solution Partners: Currently, NAKIVO has approximately 5,600 software solution providers as Partners across the Americas, Europe, Africa, the Middle-East, and the Asia-Pacific region. In Q3 2020, 282 new solution providers joined the NAKIVO Partner Program and now offer NAKIVO products to their enterprise and SMB customers.
Managed Service Providers: NAKIVO’s Managed Service 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 2020, the number of managed service providers grew by 22% vs. Q3 2019 and for the first time, managed service providers from Bahamas, Maldives, French Polynesia, Bermuda, and Lichtenstein.
“NAKIVO is leading the cloud and virtualization data protection revolution, proven by our strong Q3 results,” said NAKIVO CEO Bruce Talley. “In Q3 2020, we introduced backup to Wasabi, vSphere 7 support, and full physical to virtual recovery. Businesses need to easily protect their data and rapidly recover when needed, to deliver great experiences for their customers, employees, and partners. We are the next generation data protection authority, helping our customers solve challenges and capitalize on the immense opportunities of cloud and virtualized computing.”
- Trial Download: /resources/download/trial-download/
- Datasheet: nakivo-backup-replication-datasheet.pdf
- Success Stories: /customers/success-stories/
NAKIVO is a US-based corporation dedicated to delivering the ultimate backup and disaster recovery solution. NAKIVO Backup & Replication protects VMware, Hyper-V, Nutanix AHV, and Amazon EC2 environments, physical servers, workstations, Oracle databases, and Microsoft Office 365 application data. With 20 consecutive quarters of double-digit growth, 5-star online community reviews, 98% customer satisfaction with support, and more than 16,000 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 5,600 channel partners in 150 countries.
Visit us at: www.nakivo.com
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Contact us: Sasha Tolkachova, PR Manager / firstname.lastname@example.org / +1 416 845 3381