Columbus, Ohio – (COMMERCIAL THREAD) –VeeamÂ® software, the leader in backup, recovery and data management solutions offering modern data protection, today announced the appointment of Anand Eswaran as the new CEO and member of the board of directors of the company. William H. Largent (Bill Largent) will be stepping down as CEO to focus on his role as Chairman of the Board. Veeam, which crossed $ 1 billion in ARR this year and has more than 400,000 customers, is at the heart of the data ecosystem and orchestrates the movement, control and trusted protection of data in any environment. and on the hybrid cloud.
Eswaran joined Veeam after a successful tenure at RingCentral where he was President and Chief Operating Officer (COO), overseeing exponential growth and customer expansion. In the most recent financial results for the company under Eswaran’s leadership, it reported an ARR of $ 1.6 billion, a 39% year-over-year increase.
Bill Largent has been a key pillar of the company for the past 15 years. Under Largent’s leadership, Veeam enjoyed a record year of profitable growth in 2021 and was recognized as a Gartner ranked fifth in its 2021 Magic Quadrant for Enterprise Backup and Restore Solutions – the second year as the highest execution capacity, and with its market-leading growth, ensured the 2nd worldwide position in terms of market share.
âThe data management landscape is changing at an exponential rate. Veeam is the clear market leader and most trusted partner in helping customers safely navigate the complexities of protecting their data to keep their businesses running smoothly; to strengthen this position, we continue to challenge the status quo, innovate and ensure that we anticipate customer needs, âsaid Bill Largent, chairman of the board of Veeam. âI am delighted to welcome Anand as the new CEO of Veeam. Anand brings extensive experience in developing new business models, executing market expansion and driving growth with an inclusive culture focused on goals and people. Having someone with Anand’s experience on board will lead us into a new era of success, as we accelerate further in the cloud and assess the desirability of Veeam being a publicly traded company in the future. ”
âVeeam is a unique company that is growing much faster than the market. I am delighted to join such a talented team at such an exciting time in their journey, âcommented Anand Eswaran, CEO of Veeam. âData is exploding and has become one of the most important assets for any organization. As such, data management, security, and protection are essential to the way organizations operate today, and the absence of a solid strategy can be catastrophic. Veeam has a unique opportunity to differentiate ourselves as we find ourselves in the middle of the data ecosystem, with the most robust ransomware protection and the ability to protect data wherever it is.
Eswaran’s strategic vision, inclusive leadership and track record of growth are well recognized, and he has the perfect experience to lead Veeam to reach the next billion dollars in ARR and beyond. At RingCentral, he led products, engineering, sales, marketing, services, customer service, operations, IT and human resources. Prior to RingCentral, Eswaran was responsible for Microsoft’s global business and public operations; Earlier in his tenure at Microsoft, he led Microsoft Services, Industry Solutions, Digital, Customer Care and Customer Success – a global team of 24,000 professionals.
Prior to joining Microsoft, Eswaran was executive vice president of the $ 5.4 billion Global Services business at SAP, leading 17,000 business process and technology professionals to accelerate value creation for customers and partners. through SAP enterprise applications. He has held a number of other leadership roles including Vice President of Global Software Services at HP, Vice President of Global Professional Services at Vignette (now OpenText) and Senior Director at Braun Consulting (now Fair Isaac).
For more information, please visit www.veeam.com.
About Veeam Software
VeeamÂ® is the leader in data backup, recovery and management solutions that provide modern data protection. The company provides a single platform for Cloud, Virtual, Physical, SaaS and Kubernetes environments. Veeam customers believe their applications and data are protected and always available with the industry’s most simple, flexible, reliable and powerful platform. Veeam protects more than 400,000 customers worldwide, including 81% of the Fortune 500 and 69% of the Global 2,000. Veeam’s global ecosystem includes more than 35,000 technology partners, resellers and service providers, and alliance partners and has offices in over 30 countries. To find out more, visit www.veeam.com or follow Veeam on LinkedIn @ veeam-software and Twitter @veeam.