Keepit vs Veeam Data Cloud for Microsoft 365 Backup (2026)

If you came here looking for the self-managed Veeam product versus a SaaS platform, we have a separate comparison of Keepit versus Veeam Backup for Microsoft 365 (VB365) that covers that.

Veeam Data Cloud launched in 2024 as Veeam's managed SaaS answer. It removes the biggest operational argument against Veeam: you no longer provision servers, size storage, or patch anything. Veeam runs the infrastructure, you get a web portal.

That changes the comparison. The 'no infrastructure to manage' advantage Keepit used to hold over Veeam disappears when you compare against VDC. What remains are two questions: where does the backup data physically live, and how many of your SaaS applications does the product actually cover?

VDC stores backups in Azure Blob Storage. You pick an Azure region (Australia East is available) and your backup data lands there. Veeam is transparent about this.

The problem: if you are backing up Microsoft 365 because you are worried about a Microsoft-related incident, storing those backups inside Microsoft infrastructure creates a logical dependency. VDC is supposed to be the 'fully managed, worry about nothing' product, which makes the Azure dependency easier to overlook.

Three scenarios where it matters:

1. Tenant compromise. An attacker who has gained Global Admin may be able to reach Azure resources in the same directory. Your VDC backups are in Azure. Your Keepit backups are not. 2. Azure regional outage. If the Azure region goes down, your M365 data and your backup of that data are both affected. VDC offers cross-region replication, but the replicas are still Azure. 3. Commercial dispute. If Microsoft suspends your Azure subscription, you want backup data accessible through a different vendor. Keepit's billing and infrastructure are entirely separate.

Australian organisations subject to APRA CPS 234 or Essential Eight maturity assessments are already being asked by auditors to explain whether their backup shares a failure domain with production. Keepit makes that answer simple.

This is where the comparison gets lopsided. VDC covers 4 workloads: M365, Entra ID, Salesforce, and Azure IaaS/PaaS. Fine if your world is Microsoft and Salesforce.

Keepit covers 16+ workloads as of May 2026, and the number grows every quarter. The full list: M365, Entra ID, Dynamics 365, Power Platform, Azure DevOps, Google Workspace, Salesforce, Jira, Confluence, Zendesk, Okta, DocuSign, BambooHR, Miro, GitHub, and Monday.com. Keepit's DSL framework lets them build new connectors faster than traditional development. Their published roadmap includes GitLab, ServiceNow, HubSpot, Workday, Figma, and Notion, targeting 100+ connectors by 2028.

For MSPs, this is a revenue question. Every new Keepit connector is a new service you can bill without deploying a second product. You manage M365 backup through Keepit's Partner Management Console. When Keepit ships the Monday.com connector, you flip a switch in the same portal and start billing. With VDC, there is no path to backing up Jira, or GitHub. You need a second vendor.

For end users, adopting a new SaaS application is less risky when your existing backup platform already covers it. An IT team evaluating Jira knows Keepit protects it from day one. With VDC, each new SaaS adoption outside the Microsoft/Salesforce ecosystem reopens the backup question.

Credit where it is due. VDC is the better product in several specific scenarios.

Keepit does not back up Azure IaaS or PaaS. If you run VMs in Azure, Azure SQL databases, or Cosmos DB, VDC covers those and Keepit does not. Having one product for both SaaS tenants and Azure infrastructure is genuinely useful for Azure-heavy organisations.

VDC Premium tier includes integration with Microsoft 365 Backup Storage, which uses Microsoft's own backup APIs for restore speeds above 5 TB per hour. For very large tenants with tens of terabytes of SharePoint data, this meaningfully reduces recovery time. Keepit's restore is optimised for per-item recovery (which accounts for 90% of real-world restores per Keepit's 2026 Data Insight Report), but VDC Premium has the edge on large-scale bulk recovery.

Veeam's eDiscovery is the strongest in the category. If your organisation runs regular litigation holds or content searches across thousands of mailboxes, this is a genuine advantage that Keepit does not match today.

The Veeam ecosystem matters too. MSPs already in the VCSP programme can add VDC to existing rental billing without onboarding a new vendor. IT teams running Veeam B&R for on-premises workloads get a unified management plane.

Both products charge per user per month. The structures differ.

VDC has three tiers. Foundation (M365 backup only) starts at USD 2.63/user/month. Advanced adds Entra ID at USD 3.33. Premium adds Microsoft Backup Storage integration for faster restores at USD 5-7. Veeam advertises 'unlimited' storage, but the Fair Use policy means excessive restores or queries may trigger throttling. Real-world MSP costs reported by MSP360 run USD 4.10+/user/month, higher than list price due to bundling and SLA tiers.

Keepit publishes AUD pricing for the Australian market. Business Essentials (the base tier covering M365, Salesforce, GWS, and 11 other SaaS apps) ranges from AUD $2.63 to $4.47/user/month depending on seat count and contract length. All 16+ workloads are accessible at every plan. Enterprise Unlimited and Governance Plus plans include genuinely unlimited retention with no fair-use caveats. No egress fees. Free offboarding if you leave.

Here is where the comparison shifts. For M365-only protection, VDC Foundation is likely cheaper per user. But if you also need Google Workspace, Jira, GitHub, Dynamics 365, or any of the other SaaS apps Keepit covers, VDC cannot do the job at any price. You need VDC plus a second product, and the combined cost almost certainly exceeds Keepit alone.

For MSPs, Keepit's flat per-user rate across all workloads simplifies the rate card. VDC's tiered pricing means more SKU management and cost variability as customers move between tiers.

We distribute Keepit and we are upfront about that. Here is our honest assessment.

Choose Keepit when:

• Independence from Azure is a compliance or risk requirement.
• You protect SaaS apps beyond M365 and Salesforce.
• You are an MSP building a growing SaaS backup practice.
• Structural immutability matters for your auditors.
• You want one vendor for all SaaS backup with a predictable, all-inclusive cost.

Choose Veeam Data Cloud when:

• You need Azure IaaS/PaaS backup alongside M365.
• You already run Veeam B&R and want one management plane.
• Restore speed for very large SharePoint tenants is a priority.
• You are an existing VCSP partner and adding VDC keeps your vendor count at one.
• Your scope is strictly Microsoft, Salesforce, and Azure with no plans to expand.
• eDiscovery and legal hold are core requirements (Veeam's is stronger).

If your organisation sits on the fence, CRS can run a workload-by-workload cost comparison. We distribute Keepit but we will tell you if VDC is the better fit for part of your estate.

See also: Keepit vs Veeam for M365 | Keepit vs Druva