For the first time research firm Gartner placed Veeam in its Magic Quadrant this year, reflecting the company's momentum. "It was the first VM backup solution that combined backup and replication and embeds deduplication," the Gartner MQ report reads, noting that the software has seen considerable pickup in the small and midsized business market. "Veeam was early to offer Linux support and provide easy single-file recovery for multiple file systems running on a VM without the need for a guest agent and indexing."
The backup and recovery market is a crowded one, with big companies like IBM, Symantec and EMC all having strong offerings, Gartner notes in its report. Symantec is seen as a market leader with its NetBackup and Backup Exec being the top revenue-generating products in this category, according to Gartner. The company's V-Ray technology is focused specifically within Veeam's niche of virtualized workload backup and recovery, too.
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