IBM Buys Sanovi To Ramp Up Hybrid Cloud
IBM has acquired Sanovi Technologies, a bangalore-based privately held company that provides cloud computing services.
The financial terms for the deal was not disclosed. Sanovi, founded in 2003, provides backup software technologies to global enterprises, as most of them seek to have their IT infrastructure backed up in case of any problem and due to regulatory overhang.
Upon closure, which is expected by the end of 2016, IBM plans to integrate the Sanovi capabilities into the IBM Global Technology Services unit, according to a company statement.
Martin Jetter, Senior Vice President, Global Technology Services, IBM said: “As a cloud-native company, Sanovi will strengthen our resiliency portfolio to manage the range of applications, data, and IT systems of our clients balancing digital and hybrid cloud transformation with increased regulatory compliance.
This is the first acquisition made by IBM since it acquired Daksh, a BPO company in 2004. IBM operates over 300 global delivery data centres and 46 IBM cloud data centres across 68 countries.
In addition to being available as part of a managed resiliency service, IBM plans to make Sanovi DRM available as a stand-alone software license for partners and customers looking to optimize in-house and vendor run resiliency programs.
Moving forward, IBM envisions leveraging Watson Analytics to expand Sanovi’s Disaster Recovery Management (DRM) capabilities and enable organizations to move from business continuity planning to more proactive resiliency programs that help anticipate potential failures before they happen.
Chandra Sekhar Pulamarasetti, Co-Founder & CEO of Sanovi. “Together, we will provide next-generation resiliency solutions for robust hybrid cloud deployments across the globe.”
his week, IBM introduced the Watson Workspace collaboration tool which allows users to create shared spaces, post questions, share ideas, and work together on projects leveraging the cognitive computing capabilities of IBM Watson.
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