American tech giant Microsoft has made an equity investment in Veeam Software to develop AI-driven solutions aimed at enhancing customer experiences.
According to a press release, the company will leverage Microsoft’s support to focus on research and development, architectural expertise, and design collaboration to accelerate AI-powered innovations.
Speaking on the partnership, Anand Eswaran, CEO of Veeam, said, “By joining forces with Microsoft, we’re bringing AI-powered intelligence to 550,000 customers, including the majority of Fortune 500 and Global 2000 companies, enabling them to protect, detect, and recover faster than ever before.”
As part of the partnership, Veeam will integrate Microsoft AI services, including machine learning (ML), to enhance offerings such as Veeam Data Cloud for Microsoft 365, Veeam Data Cloud Vault, and new Entra ID solutions.
Commenting on the development, Jason Graefe, Corporate Vice President of ISVs & Digital Natives at Microsoft, said, “AI is transforming every aspect of business. By integrating with Veeam’s market-leading data resilience solutions, we’re helping customers not only protect their critical data but also unlock new insights and efficiencies across Microsoft 365 and Azure.”