Cosmos Bank chooses Sanovi as its partner for Disaster Recovery Management

Cosmos Bank chooses Sanovi as its partner for Disaster Recovery Management

November 16, 2010 By sanovi

The bank deployed their DR solution using Sanovi’s out-of-box DR template for Oracle database
 
Sanovi Technologies, one of the leading players in the Disaster Recovery Management and business continuity space, has announced that it has partnered with Cosmos Co-operative Bank to further its commitment to provide quality service to its customers.
 
Cosmos Cooperative Bank, a leading Urban Co-operative Bank, started in 1906 and has grown to become the leading banking institution in the cooperative sector with presence across 21 major cities in 5 states.
 
Sanovi offers solutions to proactively manage disaster recovery (DR) environments to ensure that business applications can be recovered in compliance with service level agreements. As the leading independent provider of DR management software solutions, Sanovi is focused on ensuring recovery readiness.
 
Cosmos bank deployed their DR solution using Sanovi’s out-of-box DR template for Oracle database. The out-of-box DR solution template deploys industry best practices, recovery workflows, monitors and alerts on over forty conditions and provides out-of-box automation to do DR drills. Without additional investment in resources, the bank is able to achieve their DR Readiness SLAs with the confidence that their core banking application can withstand any DR issues successfully.
 
“Cosmos Bank’s management considers its investment in technology as an opportunity to differentiate and provide superior customer experience. The bank implemented Finacle as its core banking software and hence the central database and applications became a critical part of the bank’s business continuity and Disaster Recovery plan. To meet business set Recovery Point and Recovery Time Objectives, the bank chose to have a remote site that shadows the primary production site”, says Mr. Prashant Thakur, GM – IT, Cosmos Bank.
 
The bank’s IT articulated their DR requirements as a comprehensive approach to the various phases of the DR Lifecycle including monitoring, automation of recovery, DR Drills and compliance reporting. The bank did not want to invest in DR specific expertise. “Cosmos Bank’s IT team understood Sanovi’s value and evaluated the software early on as part of their DR design. Sanovi DRM software was a great fit that gave the bank the required visibility and the automation that reduced their dependence on expertise being always available”, says Mr. P P Subramanian, President & CEO, Sanovi Technologies.

 
About Cosmos Co-operative Bank:

Established in 1906, The Cosmos Co-operative Bank Ltd (Cosmos Bank) is one of the oldest urban co-operative banks in the country, reputed for its quality services. Today, the Cosmos Bank is one of the leading Multi-state Scheduled Co-operative banks. Cosmos Bank operates through 94 branches and 9 Extension Counters in India spread across 21 major cities in the States of Maharashtra, Madhya Pradesh, Andhra Pradesh, Karnataka and Gujarat. For more information, please visit: www.cosmosbank.com
 
About Sanovi:
Sanovi was founded in 2003 to help organizations proactively manage disaster recovery (DR) environments and ensure business managers that business applications can be recovered in compliance with service level agreements. As the leading independent provider of DR management software solutions, Sanovi is focused on ensuring recovery readiness across all levels of IT infrastructure.
 
Sanovi DR Management Suite is the leading management solution for aligning DR infrastructure with Recovery Time and Recovery Point objectives. Sanovi DRM™ combines monitoring, reporting, testing and workflow automation capabilities of complex IT infrastructure into a scalable, easy-to-use solution built on industry standards. The result is a unified disaster recovery management product family that delivers DR readiness validation and offers clear business and operational advantages.
 
Website: www.sanovi.com

Sanovi Technologies announces the launch of Web Services for its flagship product.

November 13, 2010 By sanovi
Sanovi Technologies announces the launch of Web Services for its flagship product.
Web services will provide complete programmable integration with Sanovi DRMSanovi Technologies, the leading supplier of Disaster Recovery Management software, announced the availability of web services for interfacing with its flagship product Sanovi DRM.Sanovi DRM offers CIOs, IT Operations and DR Managers visibility into the health metrics of their DR and application recovery readiness. With the launch of Web services, now the IT managers can keep tabs on the DR issues without needing to log in to the Sanovi console all the time.

Sanovi DRM provides real-time information for critical IT applications on over fifteen Disaster Recovery related metrics that include Recovery point, Recovery Time, Replication data lag and DR solution health. All of this information is typically available and viewed using the Sanovi DRM Web based user interface. With the introduction of web services, all of the real-time DR metrics are now available programmatically via the web services programming interfaces.

The web services makes it very easy to interface with Sanovi DRM application and extract CR related information to build a single enterprise management console that is customized to meet the end customers usability needs.

The web-services interface makes it more user-friendly and allows integration with multiple platforms and consoles, an IT manager is now able to also monitor select window console because of the easily programmable web services interface of Sanovi DRM

“Web services interface to Sanovi DRM allows customers, partners and service providers the ability to programmatically extract key DR information and customize it to meet end user needs. The web services API provides a very powerful, quick and easy way to integrate with Sanovi’s product”. says Chandrashekar Pulanarasetti, CTO, Sanovi

web services integration kit for Sanovi DRM is available for the currently available 3.1 release of the product.

About Sanovi:
Sanovi was founded in 2003 to help organizations proactively manage disaster recovery (DR) environments and ensure business managers that business applications can be recovered in compliance with service level agreements. As the leading independent provider of DR management software solutions, Sanovi is focused on ensuring recovery readiness across all levels of IT infrastructure.

Sanovi DR Management Suite is the leading management solution for aligning DR infrastructure with Recovery Time and Recovery Point objectives. Sanovi DRM™ combines monitoring, reporting, testing and workflow automation capabilities of complex IT infrastructure into a scalable, easy-to-use solution built on industry standards. The result is a unified disaster recovery management product family that delivers DR readiness validation and offers clear business and operational advantages.

Website: www.sanovi.com

Sanovi to showcase success story to CIO – NASSCOM Emerge Product Showcase

November 8, 2010 By sanovi

Sanovi Technologies, the leading player in Disaster Recovery Management Space, has been shortlisted as one amongst the top 8 NASSCOM Emerge Product Showcase 2010.

NASSCOM and CAI (CIO Association of India) invited applications from Product companies and rated them on various parameters based on the Impact of the transformation on the customer, Applicability of the transformation on other companies and Uniqueness of the solution that enabled it to have transformative impact (In other words, the unique technology that powered this innovation).

Sanovi was one of the companies shortlisted by an eminent jury comprising of Mr. Daya Prakash, Head – IT, LG Electronics India, Mr. Harishankar – CIO, Unilever India, Mr. Desmond D’Souza – IT Director, Network Services, Unilever India, Mr. Manesh Patel – CIO, Sanmina, Ms. Sheila Paul – CIO, Loop Mobile, Mr. Manoj Shrivastava – CIO, MTS India, Mr. G. S. Ravikumar – CIO, Gati and Mr. Shailendra Singh – MD, Sequoia Capital.

Sanovi DRM, a comprehensive Disaster Recovery Management software that enables IT organizations to meet their Recovery service levels, was shortlisted as amongst the top 8 Products at the NASSCOM Product Showcase 2010.

“In our case discussion, we showcased how using Sanovi DRM to orchestrate predictable recovery of IT applications, customers have reduced application down time, lowered cost of DR operations and built an agile IT that is recovery ready to responds to natural or man made outages”, says Mr. Chandra Sekhar Pulamarasetti, Co-founder & CEO, Sanovi Technologies.

“Major time, effort and resources have been spent in ensuring that the Sanovi DRM suite of applications provide the best of breed DR solutions to the clients and we are glad that our efforts are now being appreciated in the right circles”, adds Mr. Pulamarasetti.

About Sanovi

Sanovi Technologies proactively manages disaster recovery (DR) environments and ensures that business applications can be recovered in compliance with service level agreements. As the leading independent provider of DR management software solutions, Sanovi is focused on ensuring recovery readiness.

Sanovi was founded on the observance that maintaining a DR solution to keep pace with the dynamic and ever-changing nature of IT was, at best, problematic. More often than not, failing over to the DR site in the event of an outage was wrought with unforeseen failures rendering DR solutions virtually worthless. In many cases, despite the investments made in creating and maintaining a DR site, failing over is dismissed as a recovery option because there is little confidence that it will work as planned. The market need for a solution to proactively manage the DR environment and ensure that it will support the business as designed became abundantly clear.

Sanovi began offering a DR management solution based on a professional services model. Following several successful professional services engagements, the founders quickly realized the potential for an enterprise class software solution that could ensure recovery readiness across all layers of the IT infrastructure.

To know more about Sanovi, please visit www.sanovi.com

Sanovi Technologies gets investment to broad base its offering

November 2, 2010 By sanovi

Sanovi Technologies will get $5 Million of investment for R&D and sales growth

Sanovi Technologies India (Private Limited), the leading IT disaster recovery management specialist, has received investments from Betul Oil Group., to expand the sales presence of the Sanovi DRM product in the market and increase its R&D activities.

Betul Oil Group will invest up to US $ 5 Million on expanding market reach for Sanovi and furthering R&D in Sanovi products. Sanovi is looking to extend its market leadership in India and expand its presence in the Middle East and APAC region. Betul sees this as a strategic investment and their entry into the software sector.

Betul Oil Ltd. a leading company of the Betul Oil group, is engaged in solvent extraction, refining of edible oils, manufacture and trading of de-oiled cakes, animal feeds, specialty ingredients and development of hybrid seeds that extract oils. Betul Oil also procures crude oil from third parties and retails refined edible oils.

Shreans Daga, Managing Director of Betul Oil Ltd, says “We are very excited about the development. We have been looking for a suitable opportunity to invest in IT. Disaster Recovery is a hot area and the addressable market size is large. We have known Chandra and other key team members for quite a few years now and are impressed with their knowledge of the market and in how far they have grown the business. Sanovi’s product is running at several marquee customers across India and Middle East. We believe this is a huge opportunity for us. This investment helps us enter into the attractive software product business.”

The financial year 2010 has proved to be the most consistent year for Sanovi Technologies and it has ended in the black. The company is forecasting Rs.100 crore revenue target in the next three years. Chandra Sekhar Pulamarasetti, one of the founders of Sanovi Technologies, has taken over as CEO of Sanovi Technologies.

Chandra says “Disaster Recovery Operations are very complex and completely manual today with no visibility into SLA compliance. With increasing threats globally, organizations are actively looking to deploy resilient DR programs. Sanovi solutions have significantly simplified DR operations for customers. Sanovi solutions provide CIO the assurance that their DR infrastructure will work when required. Currently, we are experiencing a strong demand for our products and are looking to expand into other markets outside India. ”

Chandra continues “As the industry came out of recession, we planned for a speedy growth and were looking for a strong partner who will support us in our expansion plans and also work with the company in our efforts to create awareness about Disaster Recovery at the policy level. Disaster Recovery Management is an emerging space and a strong product portfolio is very critical for the company to grow succeed. The Betul Oil Group group brings us the required financial and business experience to support us. The company will use the investment to further its R&D, maintain its leadership in the DRM space and grow its market reach.”

About Sanovi

Sanovi Technologies proactively manages disaster recovery (DR) environments and ensures that business applications can be recovered in compliance with service level agreements. As the leading independent provider of DR management software solutions, Sanovi is focused on ensuring recovery readiness.

Sanovi was founded on the observance that maintaining a DR solution to keep pace with the dynamic and ever-changing nature of IT was, at best, problematic. More often than not, failing over to the DR site in the event of an outage was wrought with unforeseen failures rendering DR solutions virtually worthless. In many cases, despite the investments made in creating and maintaining a DR site, failing over is dismissed as a recovery option because there is little confidence that it will work as planned. The market need for a solution to proactively manage the DR environment and ensure that it will support the business as designed became abundantly clear.

Sanovi began offering a DR management solution based on a professional services model. Following several successful professional services engagements, the founders quickly realized the potential for an enterprise class software solution that could ensure recovery readiness across all layers of the IT infrastructure.