Veeam – A $1 Billion Revenue Company in the Making

According to Gartner and Forester, the Enterprise Backup and Recovery market is estimated to be worth $5 billion and growing at 10% annually. The researchers estimate that the bigger space of Data Management, which includes activities like data analysis, archival, de-duplication, and reduction to be worth $15 billion annually. BAAR, Switzerland-based Veeam is making big strides within this market segment.

>>>

Featured Videos

Cleversafe Building a Valuable Cloud Company

According to an IDC report on Big Data storage, the market is estimated to grow from $3.2 billion in 2010 to $17 billion in 2015. Others peg the enterprise storage market alone at a $20 billion market opportunity.

>>>

Is Nasuni Planning an IPO?

According to a MarketsandMarkets report published earlier this year, the global cloud data storage market is projected to grow 33% annually over the period 2014 through 2019 to be worth $56.57 billion. The researcher estimates the market to be worth $13.57 billion this year. The growth in the market is attributed to the continuing production of both unstructured and structured Big Data along with the need to allow for collaborative and remote working within an organization.

>>>

ServiceNow Acquires Neebula Systems

According to researcher ITSMU, the IT Service Management (ITSM) market was dominated by BMC last year which accounted for 40% of the market’s revenue share. HP came a distant second with 17% share and was followed by ServiceNow, which accounted for 12% of the market. TechNavio estimates that the global ITSM market will grow 7% annually over the period 2012 through 2016. Cloud-based ITSM vendor ServiceNow (NYSE: NOW) is growing their revenues at a much faster rate.

>>>

Adaptive Insights’ Impressive Product

According to a report from MarketandMarkets, the cloud analytics market is projected to grow 26% annually over the five year period from 2013 through 2018. The researcher expects the market to be worth $16.52 billion by 2018 from $5.25 billion in 2013. >>>

NetSuite’s Recent Acquisition

According to an IDC report released earlier this year, the worldwide public cloud services market is projected to grow 23% annually over the period until the year 2018. The market was estimated to be worth $45.7 billion in 2013. Within the market, the SaaS segment accounts for 72% of the total public cloud services market. It is projected to grow 20% annually over the period 2013 through 2018 driven by growth in enterprise applications cloud solutions such as enterprise resource management (ERM), customer relationship management (CRM), and collaborative applications.

>>>

Tableau Gearing up for Competition

According to Wikibon’s Big Data Vendor Revenue and Market Forecast released earlier this year, the worldwide market for Big Data-related hardware, software, and services grew 58% over the year to $18.6 billion in 2013. The report estimates the market to grow to $28.5 billion in 2014 and to $50.1 billion by the year 2017.

>>>

Palo Alto Networks Still Going Strong

According to a Research and Markets report released earlier this year, the Global Enterprise Network Security market is estimated to grow at a rate of 6.6% annually over the period 2012-2016. The growth in the market is attributed to increasing adoption of network security solutions by small and medium organizations.

>>>

Atlassian Gradually Deploying a Sales Team

According to a recent Gartner report on enterprise application software market in the Asia Pacific region, the market is estimated to have grown 6.5% over the year to $12.6 billion in 2013. The fastest growing market was Australia, which recorded 7.7% growth over the year to $3.4 billion. China reported a comparatively modest growth of 5.9% to $3.1 billion.

>>>

Zendesk and Freshdesk Continue to Grow their CRM Offerings

According to a recent Gartner report, the global customer relationship management (CRM) software market is estimated to have grown 13.7% in 2013 to $20.4 billion. The growth was attributed to the increased investment in digital marketing and customer experience initiatives. The industry was dominated by SaaS-based offerings, which accounted for 41% of the total market. Gartner also estimates digital initiatives to continue to be the driving force for CRM in the years to come.

>>>