To perk up its arsenal of hybrid cloud services and stay relevant against competitors, IBM has today announced that it will acquire Bengaluru-based Sanovi Technologies. The financial deeds of the transaction haven’t been disclosed by either of the two involved parties. It is expected to close by the end of 2016.
The addition of Sanovi’s cloud recovery and migration capabilities to its advanced analytics platform will enable IBM to beef up its ‘ Software Defined Resiliency’ strategy and ‘Disaster Recovery’ services. This would be an added benefit for corporate enterprises undergoing a digital and hybrid transformation.
To add to your knowledge, disaster recovery in cloud computing solutions refers to a backup & restore strategy that usually involves storing and maintaining multiple electronic records in the cloud as a security measure. This copy of data can be fetched or recovered in an event of a failure or loss of the same. This can be called a fail-safe method to secure important bits of data.
IBM then details the amalgamation of Sanovi’s technology into the IBM Global Technology Services unit. They will work on creating synergies with their existing resiliency portfolio — to offer a solution that helps simplify and automate the disaster recovery process.
They believe it will empower its clients to reduce recovery time, operating costs, and disaster recovery drill testing time. This will also help them automate their risk posture and make better, informed decisions based on results obtained from the same.
Welcoming the Sanovi team to their expanded family, Martin Jetter, Senior VP, Global Technology Services at IBM says,
Our clients are embracing a digitized world where applications need to be ‘always-on.’
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.
Headquartered in Bengaluru, Sanovi Technologies was founded by Chandra Sekhar Pulamarasetti in 2002. It is a niche software company which has spent the last decade or so providing cloud migration and IT recovery solutions to enterprise companies. It also operates offices in California as well as the Middle East.
Sanovi currently manages over 350 customers(including Fortune 500 companies) and provides cloud migration, business continuity and recovery solutions for workloads across physical, virtual and cloud infrastructures. It also holds a Red Herring Global 100 award.
Commenting on their acquisition, Chandra Sekhar Pulamarasetti, co-founder & CEO of Sanovi, says,
IBM’s technology leadership in hybrid cloud infrastructure and resiliency services makes it a clear choice to bring end-to-end services to our customers and transformational value to IBM’s existing client base. Together, we will provide next-generation resiliency solutions for robust hybrid cloud deployments across the globe.
Though we have talked about the immediate action plan, but IBM has also envisioned the future use of this cloud services stack as well. The tech behemoth has sketched out plans to leverage Sanovi’s DRM capabilities in tandem with its AI-powered Watson Analytics to help enterprises anticipate potential failures before they happen.