IBM Acquired Indian Cloud Services Company Sanovi Technologies
US based IT services provider IBM on Thursday announced that it has acquired Bengaluru-based Cloud Services company Sanovi Technologies for an undisclosed sum. Sanovi provides hybrid cloud recovery, cloud migration and business continuity software for enterprise data centers and cloud infrastructure.
The deal will enable IBM to bolster its cloud offerings. Sanovi provides hybrid cloud recovery, cloud migration and business continuity software for enterprise data centers and cloud infrastructure. The acquisition is expected to close by the end of 2016.
Cloud Services company Sanovi was founded in 2013, headquartered in Bangalore, India & operates in the United States, Middle East, and Asia has been working with enterprise players and SMBs for over a decade through providing cloud migration and IT recovery solutions. The company’s Application Defined Continuity (ADC) technology is used for workloads across physical, virtual, and cloud infrastructures, and it is Sanovi’s Disaster Recovery Management (DRM) capabilities which are of particular interest to IBM.
“Our clients are embracing a digitized world where applications need to be ‘always-on,’” said Martin Jetter, senior vice president, Global Technology Services, IBM. “As a cloud-native company, Sanovi will strengthen our resiliency portfolio to manage the broad range of applications, data, and IT systems of our clients balancing digital and hybrid cloud transformation with increased regulatory compliance.”
Sanovi Technologies has over 350 customers, including Fortune 500 companies, service providers and multi-billion dollar enterprises across vertical industries.
Today, IBM operates over 300 global delivery data centers and 46 IBM Cloud Data Centers across 68 countries to help companies worldwide maintain continuous business operations, protect their data, and improve overall resiliency for any size organization.
IBM, which is readying itself to confront the growing range of natural and man-made risks surrounding businesses will look at expanding Sanovi’s Disaster Recovery Management (DRM) capabilities and enable organisations to move from business continuity planning to more proactive resiliency programs that help anticipate potential failures before they happen.