Industry News

International Business Machines Acquired Sanovi Technologies

The business pact between the two companies focuses on boosting disaster recovery services for the hybrid cloud of IBM

India: IBM, a US- based company entered a strategic partnership with Bangalore based Sanovi Technologies. Sanovi Technologies, is a provider of numerous cloud services including hybrid cloud recovery & migration along with business continuity software for development of the enterprise data centers & cloud infrastructure.

In addition, facilities offered by Sanovi which help IBM to augment its Software defined Resiliency Strategy as well as in Disaster Recovery Services for its client usage. The company empowers its client to align their disaster recovery strategy in accordance with the unexpected changes taking place in the industry. Moreover, the services offered by Sanovi will enhance IBM’s existing resiliency portfolio by offering solutions to automate and simplify the disaster recovery process.

TechSci Research depicts that with the growing inclination towards digitization, big data analytics, cloud services, and network virtualization, the cloud market is expected to showcase a positive outlook in the coming years. In addition, initiatives by the various organizations to improve the overall cloud ecosystem is propelling the cloud market in India. Furthermore, the partnership between the two organizations is significant step in support to building up advanced cloud solutions.

According to the recent report published by TechSci Research, India Cloud Computing Market Forecast and Opportunities, 2020”, the market for cloud computing services in India is projected to grow at a CAGR of over 22% during 2015-2020. Increased government spending on National Optical Fibre Network (NOFN) and various e-governance portals, coupled with growing acceptance of cloud services in SME segment is expected to drive the market for cloud computing. SaaS is set to top the charts as the largest cloud service segment, occupying over 40% share in the market by 2020. However, cloud services are likely to face stiff challenges pertaining to data security, vendor lock-in period and less availability of quality IT hardware infrastructure in semi-urban regions across the country. 

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