NAKIVO Announces Q4 2022 Revenue Growth of 15% in EMEA and Asia


NAKIVO Announces Q4 2022 Revenue Growth of 15% in EMEA and Asia

 

 

 

February 8, 2023 - NAKIVO Inc. , a fast-growing software company dedicated to protecting physical, virtual, cloud, and SaaS environments, announced its Q4 2022 financial results today.

 

Revenue: In Q4 2022, NAKIVO's revenue in Europe grew by 15% in comparison to Q4 2021. Revenue in the Asia-Pacific region also grew by 15% in the same quarter. Of the total revenue in Q4 2022, 63% came from the EMEA region, 28% came from the Americas, and 9% came from the Asia-Pacific region. The United States, Germany, and South Africa were the highest producers of revenue for NAKIVO in the last quarter of 2022.

 

NAKIVO's revenue grew more than 100% QoQ in Angola, China, Costa Rica, Croatia, Cyprus, Estonia, Haiti, Jamaica, Jordan, Macedonia, Maldives, Mexico, Morocco, Latvia, Peru, Philippines, Serbia, South Korea, Sri Lanka, Tunisia, Turkey, Vietnam, and others.

 

Customers: Currently, NAKIVO has over 25,000 paid customers in 177 countries. The customer base grew by 16% in Q4 2022 vs. Q4 2021. The number of new customers grew by 16% in the EMEA region, by 18% in the Asia-Pacific region, and by 14% in the Americas. For the first time, NAKIVO expanded into Aruba, Central African Republic, Iraq, and Seychelles.

 

A sample of customers in Q4 2022 includes FirstRand Bank Holdings, Brean Capital, UNDP Maldives, Pinoy Lotto Technologies Corporation, among others.

 

Some examples of customer success stories in Q4 2022 include: People's Bank (NAKIVO Helps Banking Company Save Thousands of Dollars on Renewal Costs), Silk Road Bank (NAKIVO Helps a Georgian Bank Achieve 100% Backup Success Rate), Radisson Blu Leogrand Hotel (NAKIVO Helps Radisson Hotel Support Excellent Guest Services).

 

Technology Partners: In Q4 2022, NAKIVO successfully delivered NAKIVO Backup & Replication via technology partners, as more enterprises and SMBs chose to install NAKIVO Backup & Replication on partner hardware. Particularly, ASUSTOR NAS installations grew by 75% in Q4 2022 vs. Q4 2021.

 

Solution Partners: Today, NAKIVO has over 7,500 software solution providers as partners across the Americas, Europe, Africa, the Middle East, and the Asia-Pacific region. In Q4 2022, 226 new solution providers joined the NAKIVO Partner Program and now offer NAKIVO products to their enterprise and SMB customers.

 

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 customers. In Q4 2022, the number of managed service providers (MSPs) grew by 35% vs. Q4 2021. Moreover, for the first time, MSPs from Bangladesh, Italia, Jamaica, Morocco, and Uruguay started using NAKIVO Backup & Replication to build their offerings.

 

Product Releases: In 2022, NAKIVO released the following product versions:

“NAKIVO is dedicated to providing advanced protection at an affordable price,” said NAKIVO's CEO Bruce Talley. “We are delivering early support for the latest technologies and anticipating future trends as we expand our presence around the world.

 

Customers recognize the work we do and continue to give NAKIVO Backup & Replication the highest ratings.”

 

NAKIVO Backup & Replication solutions are available in Romania through Simple IT, NAKIVO Partner in Romania.

 

 

About Simple IT

 

SIMPLE IT is a distributor for software solutions and hardware appliances, adding value with consulting, training, implementation, configuration and support services, backed by certified specialists, in order to offer the best IT experience to customers and partners. For more information, please visit www.simpleit.com.ro.