Sanovi Named Cool Vendor by Gartner

Sanovi Named Cool Vendor by Gartner

May 13, 2014 By sanovi

Vendors selected for the “Cool Vendor” report are innovative, impactful and intriguing


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SUNNYVALE, Calif. May 13, 2014 — Sanovi, Inc., the leading provider of Business Continuity and IT Recovery management, today announced it has been included in the list of “Cool Vendors” in the Business Continuity Management and IT Disaster Recovery Management 2014* report by Gartner, Inc.
 
“We are honored to be recognized by Gartner. We believe it re-enforces the value our products offer to enterprise and service providers that must be recovery ready,” said Lakshman Narayanaswamy, Co-Founder and Vice President of Sanovi Technologies. “With our launch of Application Defined Continuity (ADC) technology, we deliver a truly revolutionary product that enables enterprises and service providers to leverage the promise of cloud for business continuity and IT Recovery.”
 
Sanovi solutions work across physical, virtual and converged infrastructures in order to provide true recovery and business continuity for critical applications running in public, private and hybrid clouds. They enable cloud and managed service providers to offer self-service based Recovery-as-a-Service (RaaS) from on-premise to cloud set-up using converged infrastructure or off-the-shelf hardware. System integrators and value-added resellers can now provide fully automated business continuity for all enterprise applications at the push of a button.
 
*Gartner, Cool Vendors in the Business Continuity Management and IT Disaster Recovery Management, 2014, Roberta J. Witty, et al, April 24, 2014.
 
About Sanovi Technologies
Sanovi Technologies is an independent software vendor offering a suite of software products and solutions in the IT continuity and disaster recovery management (DRM) space. Sanovi’ s flagship DRM product enables organizations to ensure that their IT applications recover predictably in a disaster scenario and meet the required recovery goals. Sanovi DRM provides high levels of interoperability, real-time monitoring of adherence to DRM SLAs, workflow automation and advanced reporting features, making it a critical part of any organization’s DRM landscape. Based in Bangalor, India; Sunnyvale, Calif.; and Dubai, United Arab Emirates, the globally recognized company has been recognized as a Red Herring Asia 100 winner for 2013. More than 100 large enterprises, including Fortune 500 clients, are already using Sanovi products to manage their DRM programs. For more information, visit www.sanovi.com.
 
About Gartner’s Cool Vendors selection process
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
 

All product and company names herein may be trademarks of their registered owners.
Sanovi company contact: info@sanovi.com, Media contact: Sanovi@socialradius.com
 
Disclaimer:

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
 
Gartner Inc,. Business Continuity and IT Disaster Recovery Management report, 2014, R. Witty, et al, 9 May 2014.

Biz continuity & IT recovery to reach $60 billion by 2018

May 5, 2014 By sanovi

the-financial-express
 
Chandrasekhar PulamarasettiBangalore-based IT product company Sanovi Technologies, which works on business continuity and IT recovery, has been on an expansion mode and has ventured into the US market recently. Chandra Sekhar Pulamarasetti, co-founder & CEO of Sanovi, is now planning to expand its service offerings on cloud platform. In a conversation with Anand J, Pulamarasetti talks about the need of business continuity as cyber attacks increase and threaten many companies with data protection and recovery. Excerpts:
 
How do you see the business continuity and IT recovery market?

Every organisation requires to ensure that business continues to be running even when there are outages. The worldwide market is estimated to grow to $60 billion by 2018, including hardware, software and services. On an average enterprises have 3-6% expenditure on IT recovery budget. Banks and financial institutions allocate a higher percentage of their revenue for IT recovery. Indian companies do allocate lesser though the pie is rapidly growing. Financial sector, telecom, retail and manufacturing apart from the government sectors are the leading sectors that invest in IT recovery. Healthcare is getting bigger in Europe and USA. And these sectors spending in IT recovery mirrors their IT spending.
 
What is the criteria for the companies for investing in IT recovery?

It depends on the sector’s sensitivity to business outages and the impact it will have on their business. Revenue, brand reputation, legal issues and employee productivity are the things companies consider for investing in business continuity. For financial sector firms, there is also a regulatory concern of protecting user transaction information. According to Gartner, $42,000 per hour is the average business lost due to outages and upwards of $100,000 for financial sector. The credit card banking, ATM banking, internet banking are all critical functions that cannot afford outages.
 
What are the major causes of outages?

Outages result in server and applications going down and data to be corrupted. On an average outage time is around 8-16 hours. Power outages, which contributes to 30% of all outages, or fluctuations happen even when you have generators. There are large grid outages in US. Those might be once in three or six months but companies can’t afford to not investing in business continuity. Second biggest reason is human error and the resultant power loss to the data centre. For instance if that company is a cloud service provider, hundreds of dependent companies will also be affected. Natural disasters and cyber attacks also cause.

 
http://www.financialexpress.com/news/biz-continuity-it-recovery-to-reach-60-billion-by-2018/1247065

http://epaper.financialexpress.com/c/2797401