NAKIVO closes Q3 2023 with a revenue growth of 50% in the EMEA region as the company continues to accelerate in the backup and disaster recovery market for physical, virtual, cloud, and SaaS environments

Sparks, NV – November 21, 2023 — / / — NAKIVO Inc., a fast-growing software company dedicated to protecting physical, virtual, cloud, and SaaS environments, announced its Q3 2023 financial results today.

Tweet This: NAKIVO unveils 50% Q3 2023 EMEA revenue growth

In Q3 2023, NAKIVO achieved the following:s

Revenue: NAKIVO grew its revenue in the EMEA region by 50% in Q3 2023 in comparison to Q3 2022. In Q3 2023, 61% of the total revenue came from the EMEA region, 30% from the Americas, and 9% from the Asia-Pacific region. The countries delivering the highest revenue growth in Q3 2023 were South Africa, Estonia, and France.

NAKIVO’s revenue grew more than 100% QoQ in Bulgaria, Costa Rica, Dominican Republic, Estonia, France, Georgia, Hungary, Indonesia, Kuwait, Latvia, Mauritius, Montenegro, Peru, South Africa, Sri Lanka, United Kingdom, and others.

Customers: Presently, NAKIVO has over 27,000 paid customers in 180 countries. The customer base grew by 13% in Q3 2023 over Q3 2022. The number of new customers grew by 13% in the EMEA region, by 15% in the Asia-Pacific region, and by 11% in the Americas. Enterprises continue to choose NAKIVO Backup & Replication as their preferred data protection solution, with new deployments growing by 28% in Q3 2023 over Q3 2022.

A sample of customers in Q3 2023 includes Southwest Medical Center, Mayor’s office of Villejuif, Eiffage Group, Jovia Financial Credit Union, and others. Examples of customer success stories in Q3 2023 include: Dorelan, Radio Maria, and Camel Tire.

Technology Partners: In Q3 2023, 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 16% in Q3 2023 vs. Q3 2022.

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 Q3 2023, 175 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 from Botswana.

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 Q3 2023, the number of MSPs grew by 29% vs. Q3 2022. For the first time, NAKIVO gained MSP partners in Azerbaijan, Fiji, and Pakistan.

“We managed to achieve quite impressive results in terms of revenue growth in the EMEA region for Q3 2023, and this was due to our business development team working closely with partners on developing new business,” said NAKIVO’s CEO Bruce Talley. “In Q3 2O23, we amplified the functionality of NAKIVO Backup & Replication with bare-metal recovery, direct recovery from tape, and backup malware scan. The recent improvements will improve recovery and anti-ransomware capabilities of our solution and help organizations protect their data more efficiently,” says Bruce.


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NAKIVO is a US-based corporation dedicated to delivering the ultimate backup, ransomware protection and disaster recovery solution for virtual, physical, cloud and SaaS environments. As one of the fastest-growing backup and ransomware recovery software vendors in the industry, NAKIVO boasts 24 consecutive quarters of double-digit growth, 5-star online community reviews, 98% customer satisfaction with support and a network of over 8,000 partners worldwide. Over 27,000 customers in 180 countries trust NAKIVO with protecting their data, including major companies like Honda, Cisco, Coca-Cola and Siemens.

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PR Contact:
Sasha Tolkachova, PR Manager
+1 416 845 3381

Source: Nakivo