NAKIVO Inc., a leading provider of data protection solutions for physical, virtual, cloud, and SaaS environments, reported a strong Q3 2024, marked by a 33% increase in revenue from Managed Service Provider (MSP) partnerships and an 11% growth in its global customer base. This expansion highlights NAKIVO's success in meeting the data protection needs of businesses around the world through its MSP programme and reliable backup solutions.
Growth in MSP Partnerships Drives Revenue and Service Expansion
NAKIVO's Managed Service Provider Programme enables MSPs, cloud providers, and hosting providers to deliver critical services such as backup as a service (BaaS), replication as a service (RaaS), and disaster recovery as a service (DRaaS). The 33% increase in revenue from MSPs reflects NAKIVO's commitment to supporting partners with advanced, high-performance data protection solutions that empower them to meet the growing demands of their clients.
Expanding Global Customer Base
NAKIVO now serves over 30,000 customers across 183 countries, achieving an 11% increase in its customer base year-over-year. This growth includes a 14% increase in the Asia-Pacific region, 11% in EMEA, and 9% in the Americas, as enterprises continue to select NAKIVO Backup & Replication as their trusted data protection solution. Recent deployments include prominent names like E.W. Wylie, the Institute of Earth Sciences at Ilia State University, and LAB Technologies.
Strengthening Technology and Solution Partnerships
In Q3 2024, NAKIVO welcomed 224 new solution providers to its Partner Programme, further expanding its footprint in established and emerging markets. Technology partnerships also continued to strengthen, with ASUSTOR NAS installations growing by 48%, demonstrating NAKIVO's commitment to integrating with trusted hardware solutions.
Executive Perspective
Our 33% MSP revenue growth and expanding customer base reflect the reliability and value of our solutions, said Bruce Talley, CEO of NAKIVO. As the threat landscape evolves, we are committed to providing our partners and customers with robust tools to protect their data and ensure resilience in a rapidly changing environment.
More from TV-Bay
21/11/2024
Lightbridge, known for its Precision Reflectors that offer the uncanny ability to produce targeted, spill-free, diffused light, introduces its latest offering f...
21/11/2024
ShotDeck, the world's largest library of high-quality cinematic images from movies, series, music videos, and commercials, announces an integration with Can...
21/11/2024
Keepit, the global leader in SaaS data protection, is pleased to announce the appointment of Fahad Qureshi as the new Vice President of Sales for America and AN...
21/11/2024
Pixotope Technologies AS, a leader in live augmented reality and virtual production solutions, today announced the launch of Pixotope Reveal, an innovative AI-p...
21/11/2024
d&b group announces the appointment of James Gallagher-Powell as Chief Strategy Officer (CSO), a role that will support the company's ambitious growth and i...
21/11/2024
Magnifi by VideoVerse, AI-driven video technology company and powerful video-editing SaaS platform, is honored to receive a Best of Emerging Technology Award fo...
21/11/2024
Vizrt, the leader in real-time graphics and live production solutions for content creators, announces the launch of brand new Viz Artist Professional and Expert...
20/11/2024
IHSE, celebrating 40 years in business and a continued leader in manufacturing KVM and display management systems, announces the official transition of its lead...
20/11/2024
V-Nova Studios, the content production arm of V-Nova, introduces Weightless, the first-ever music experience created with the revolutionary V-Nova PresenZ forma...
20/11/2024
Zixi, the industry leader for reliable, live broadcast-quality video over IP networks and provider of the award-winning Software-Defined Video Platform (SDVP ),...
20/11/2024
CBC/Radio-Canada and Pixellot, the global pioneer of AI-driven sports video technology, today announced the expansion of a nationwide streaming site designed to...
19/11/2024
nxtedition has been selected by BFBS (British Forces Broadcasting Service) to provide its microservices-based production platform, bringing increased efficiency...
19/11/2024
Stornaway.io, the creative technology start-up that turns video into conversations, today announced the release of Stornaway Voyager, an evolution of its popula...
19/11/2024
Test & measurement innovator, Leader Electronics of Europe, has announced that premium provider for worldwide outside broadcasts, TVN LIVE PRODUCTION, has acqui...
19/11/2024
For decades, Berkeley Repertory Theatre has relied on Clear-Com for high-performance communications that ensure precision and coordination during every producti...
19/11/2024
Bitcentral, the premier provider of media solutions for broadcast and digital video, proudly announces the appointment of Bill Bradford to its Board of Director...
18/11/2024
Marshall Electronics introduces the new CV630-BI (in black) and CV630-WI (in white) IP PTZ Cameras. The CV630-BI and CV630-WI cameras feature 25X UHD (HEVC) IP ...
18/11/2024
arkona technologies GmbH is proud to announce a substantial order from one of Norway s largest broadcasters. The order is for our BLADE//runner solutions for IP...
18/11/2024
Dalet, a leading technology and service provider for media-rich organizations, today published "The Future of Newsroom Workflows," an industry-first report that...
18/11/2024
Clear-Com recently welcomed a delegation from MTC to its Carlsbad, California factory on April 17, 2024. This visit marks another milestone in the enduring part...
18/11/2024
Providing an All-In-One Resource for AV Professionals Requiring Reliable, High-Quality Connectivity Solutions
Lightware Visual Engineering, a leading manufactu...
18/11/2024
ioMoVo, a leader in AI-powered digital asset management (DAM), has introduced enhanced integrations with Adobe Creative Cloud and Microsoft 365, enabling a seam...
18/11/2024
Ovyo Ltd, a leader in custom OTT & media software services and project delivery, is excited to announce its strategic merger with Portuguese technology services...
18/11/2024
LiveU s IP-video technology has been synonymous with election coverage since the company was founded in 2006, enabling networks and journalists to deliver non-s...
18/11/2024
Creativity and technology coalesce at Framefloor, a boutique creative shop where experimentation with technologies like augmented reality (AR) and high dynamic ...
18/11/2024
Light Iron, the post-production creative-services division of Panavision, is excited to announce that Andrew Geary has joined the company as a Senior Colorist. ...
13/11/2024
Jungle Power, a pioneer of clean portable energy solutions, today announced they will transform industrial energy storage and distribution with the official lau...
13/11/2024
NAKIVO Inc., a leading provider of data protection solutions for physical, virtual, cloud, and SaaS environments, reported a strong Q3 2024, marked by a 33% inc...
13/11/2024
Alfalite, the only European manufacturer of LED displays, is pleased to announce the highly anticipated Partner Meeting, which will take place on December 4, 20...
13/11/2024
The new zooms enable to create the iconic Radiance flare
The new ZEISS Supreme Zoom Radiance set includes three purpose-built T2.9 high-end cine zooms: 15-30mm...
13/11/2024
QuickLink, providers of industry-leading video production and contribution solutions, announced today that NewBlue Captivate graphics software is now integrate...
13/11/2024
OpenDrives, Inc., a leading provider of software-defined data storage and media workflow solutions, today announced their latest Atlas software version 2.9 and ...
13/11/2024
Relo Metrics (formerly GumGum Sports), the leading AI-powered sponsorship analytics platform for real-time data decisions, has today announced the issuance of U...
13/11/2024
Bitmovin, the leading provider of video streaming solutions, announces the launch of Bitmovin's AI Contextual Advertising that combines the power of the Bit...
13/11/2024
The latest research from Tata Comms Media reveals that an astounding 98% of enterprises now incorporate live video streaming for key events, such as major corpo...
13/11/2024
Evergent, a leader in customer management and monetization for streaming and digital subscription businesses, today announced that it has achieved Amazon Web Se...
12/11/2024
Customizable cloud-based / on-prem dashboard seamlessly maps to any playlist associated with each live stream providing instant visibility of Ad delivery signal...
12/11/2024
G-Mana, a leading provider of innovative ad insertion and OTT monetization solutions, and VisualOn, a renowned provider of multimedia software solutions, are pl...
12/11/2024
Filmmaker, research biologist, and adventurer Dan O'Neill is known for his incredible photography and documentary films using camera trap technology to stud...
12/11/2024
Media Links, a pioneer in IP-based media transport solutions, is experiencing strong demand for JPEG-XS compression services across its broad product portfolio ...
12/11/2024
Korean cable television network SBS Medianet has expanded its production base with the purchase of Ikegami UHK-X700 cameras for live coverage of a major golf to...
08/11/2024
ZEISS CinCraft Scenario 2.1: Increased flexibility due to full manual calibration of any spherical prime or zoom lens.
ZEISS announces a significant update of ...
08/11/2024
QuickLink, a renowned provider of video production and contribution solutions, and Phenix, a leader in real-time video streaming solutions, today announced a st...
08/11/2024
Catamaran racing is an elite sport that uniquely happens in open water. Vessels slice through marked courses at up to 50 knots (57.5 milesper hour), all while b...
08/11/2024
Vizrt, the leader in real-time graphics and live production solutions for content creators, announces Rohit Nagarajan as its new CEO, marking the next phase of ...
08/11/2024
Stockholm, Sweden LG U , a leading mobile network operator in South Korea, and a new customer to Net Insight, will leverage Net Insight's Nimbra platform ...
08/11/2024
Rise, the award-winning advocacy group for gender diversity in the media technology sector, is proud to announce the 2024 winner of the Woman of the Year Award,...
08/11/2024
Tintri , a subsidiary of DDN , and leader in AI-powered data management solutions, today announced the availability of Tintri's VMstore features to Kuberne...
07/11/2024
LucidLink, the storage collaboration platform for creative teams, today announced the launch of its next-generation product. This major release expands LucidLin...
07/11/2024
Chng joins Lightware to further accelerate the company's growth in the region
Lightware Visual Engineering, a leading manufacturer of connectivity solution...
NAKIVO Inc., a leading provider of data protection solutions for physical, virtual, cloud, and SaaS environments, reported a strong Q3 2024, marked by a 33% increase in revenue from Managed Service Provider (MSP) partnerships and an 11% growth in its global customer base. This expansion highlights NAKIVO's success in meeting the data protection needs of businesses around the world through its MSP programme and reliable backup solutions.
