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Channel and Cloud combine as Kaseya records "significant" growth

Channel and Cloud combine as Kaseya records "significant" growth

Cloud provider sees rapid adoption of its Cloud offering as well as significant growth in its channel business.

Kaseya has today announced that in 2014 it saw rapid adoption of its Cloud offering as well as significant growth in its channel business.

According to the Cloud provider, growth was fuelled by strong product delivery in 2014 including investment in Kaseya’s core IT management technologies, coupled with the introduction of new capabilities through both organic development and acquisition.

Nearly 70 percent of Kaseya’s new customers purchased its Cloud offering in 2014, and new Cloud subscriptions grew by almost 40 per cent year-over-year.

Kaseya also saw its global channel business grow nearly 40 per cent year-over-year with the company adding new channel partners in key regions and enhanced its global channel and alliance program in 2014.

“We had some very aggressive goals we wanted to deliver on for our customers in 2014,” says Yogesh Gupta, president and CEO, Kaseya.

"We made it our priority to deliver important enhancements like our new remote control solution that make the day-to-day task of managing IT much easier, while also adding critical new capabilities such as Identity and Access Management so that MSPs and IT departments can deliver the kind of IT services required to be successful today and into the future."

Furthermore, Kaseya also reported strong growth in its new product offerings, acquiring Identity and Access Management (IAM) vendor, Scorpion Software, to add multi-factor authentication, single sign on and password management to its portfolio.

IAM revenue grew by 45 per cent in the second half of 2014 compared with the same period the year before.

Another acquired technology, 365 Command, which simplifies Microsoft Online Services management and administration, saw 60 per cent growth in the number of mailboxes under management in 2014, with more than two million total Office 365 mailboxes now under Kaseya management worldwide.

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