Disaster Recovery as a Service for SMBs

Disaster Recovery as a Service for SMBs

October 11, 2008 By sanovi

Sanovi Technologies, a provider of Disaster Recovery Management (DRM) solutions, plans to strengthen its presence in India by targeting the mid-size market. The company has introduced its latest Software as a Service (SaaS)-based offering, and Disaster Recovery as a Service (DRAS), in India. Sanovi Technologies are exploring for partners who they can appoint as Managed Service Providers (MSPs) for their DRAS solution. The main focus of these MSPs will be to partner with tier-II customers, which are the SMBs. For targeting tier-I customers Sanovi has already has a tie up with Wipro. As SMBs grow they require a Disaster Recovery Management solution in place to avoid any downtime, which could lead in a loss of revenue. Sanovi has realized this fact and thus rightly claims there being a huge market demand for DR solutions in India. From US$ 50 million in 2006, it is expected to touch US$ 200 million mark by 2011, which shows a 16.9% compound annual growth rate (CAGR). Until now the tier-I market has been the major growth driver for this segment as the infrastructure, expenditure and managerial constraints had prevented SMBs to utilize these solutions in an effective manner, but not anymore. Sanovi plans to invest US$ 10 million to expand its India operations as 40% of their revenue comes from India. The company already has an equal presence in all parts of the country through a network of 10 active partners.