NAKIVO Reveals 7% Q2 2024 Revenue Growth in the APJ Region

NAKIVO closes Q2 2024 with a revenue growth of 7% in the APJ region, as the company continues to accelerate in the backup and disaster recovery market for physical, virtual, cloud, and SaaS environments.

Sparks, NV, United States — August 14, 2024

NAKIVO Inc., a fast-growing software company dedicated to protecting physical, virtual, cloud, and SaaS environments, announced its Q2 2024 financial results today.

Tweet This: NAKIVO reveals 7% Q2 2024 revenue growth in the APJ region

In Q2 2024, NAKIVO achieved the following:

Revenue: NAKIVO grew its revenue in the APJ region by 7% in Q2 2024 in comparison to Q2 2023. In Q2 2024, 58% of the total revenue came from the EMEA region, 30% from the Americas, and 12% from the Asia-Pacific region. The countries delivering the highest revenue growth in Q2 2024 were Austria, Greece, and Denmark.

NAKIVO’s revenue grew more than 100% QoQ in Bulgaria, Ecuador, Venezuela, Argentina, Denmark, Nepal, Greece, Indonesia, New Zealand, Colombia, Portugal, Croatia, Morocco, Malta, Slovakia, Luxembourg, and Austria.

Customers: Presently, NAKIVO has over 29,000 paid customers in 183 countries. The customer base grew by 12% in Q2 2024 over Q2 2023. The number of new customers grew by 12% in the EMEA region, by 14% in the Asia-Pacific region, and by 10% in the Americas. Enterprises continue to choose NAKIVO Backup & Replication as their preferred data protection solution, with new deployments growing by 22% in Q2 2024 over Q2 2023.

A sample of customers in Q2 2024 includes Radboud University Medical Center, Uni-Pharma S.A., Suffolk Otf, and others. The largest deal closed was $120,000 in Q2 2024.

Some examples of customer success stories in Q2 2024 include: Narayani Development Bank Limited, Lab Technologies, and E.W Wylie Corporation.

Technology Partners: In Q2 2024, 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 8% in Q2 2024 vs. Q2 2023.

Solution Partners: Currently, NAKIVO has over 8,000 software solution providers as partners across the Americas, Europe, Africa, the Middle East, and the Asia-Pacific region. In Q2 2024, 223 new solution providers joined the NAKIVO Partner Program and now offer NAKIVO products to their enterprise and SMB customers. For the first time, NAKIVO gained partners in Guinea, Tajikistan, and Uzbekistan.

Managed Service Providers: NAKIVO’s Managed Service Provider Program enables managed service, cloud, and hosting providers to deliver backup as a service (BaaS), VM replication as a service (RaaS), and VM disaster recovery as a service (DRaaS) to their clients. In Q2 2024, the number of MSPs grew by 29% vs. Q2 2024. For the first time, NAKIVO gained MSP partners in Luxembourg, Mozambique, and Vietnam.

“We saw significant revenue growth in the APJ region for Q2 2024, thanks to the strong efforts of our business development team in partnering closely to create new opportunities,” stated NAKIVO CEO Bruce Talley. “We upgraded NAKIVO Backup & Replication with new features like backup for Proxmox VE . These enhancements will boost our solution’s recovery and anti-ransomware capabilities, allowing organizations to safeguard their data more effectively,” Bruce added.

RESOURCES

Trial Download: /resources/download/trial-download/
Datasheet: nakivo-backup-replication-datasheet.pdf
Success Stories: /success-stories/

ABOUT NAKIVO

NAKIVO is a software vendor dedicated to delivering the ultimate backup, ransomware protection and disaster recovery solution for virtual, physical, cloud and SaaS environments. Over 28,000 customers in 183 countries trust NAKIVO to protect their data, including major companies like Coca-Cola, Honda, Siemens and Cisco.

Visit us at: www.nakivo.com

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Join us on LinkedIn: www.linkedin.com/company/nakivo

NAKIVO Community Forum: forum.nakivo.com