BakBone's NetVault To Centralize Storage Management For India's Largest ISP
BakBone Software (TSX: BKB, OTCBB: BKBOF), a global provider of data recovery software, today announced that Sify Ltd. (Nasdaq: SIFY), India's largest integrated Internet and e-commerce services company, has selected BakBone's NetVault software to manage its Hosting Division's data backup and recovery needs. Building on BakBone's already established footprint in India, this announcement comes on the heels of a number of other significant wins for BakBone in the region. These include the subsidiaries of Nokia, Volvo and several financial and banking institutions.
"This win reinforces the momentum BakBone is seeing in the storage management software market in India and we are pleased that Sify Hosting has chosen to implement NetVault as their preferred backup and recovery software solution," said Howard Weiss, managing director for Asia Pacific at BakBone Software. "Increasingly, companies are leveraging storage management software to reduce costs through enhanced operational efficiencies. NetVault's true power as an easy-to-deploy and heterogeneous enterprise data recovery solution, as demonstrated in Sify Hosting's rigorous evaluation process, provides Sify the merits of networked storage and the capability to scale quickly to meet the rapid growth of its customer base and new service offerings."
Sify's experience is typical for the emerging successful business in India today. Fueled by the growth of information and data across extended enterprises and the increasing number of high availability enterprise-level applications such as ERP, CRM and data warehousing software, the need for data recovery and data management solutions for 24x7x365 business continuance has quickly evolved. According to market research firm IDC, the market for storage software solutions in India is expected to grow at a CAGR of 34.4 percent in the five years between 2002 and 2007. By the end of 2003, IDC estimated that 35 percent of IT budgets in India would be storage related. Sectors driving growth for the storage software industry include banking, finance, telecommunications, manufacturing, IT-enabled services and data centers.
"Backup and recovery is a key IT concern for us as we've seen our data volumes soar. Moreover, the gap between the demand for storage and the professionals who can manage it has been constantly increasing," explained Avinash J., president of Sify Hosting. "NetVault not only met all our networked storage requirements, the solution also helped us allocate resources and seamlessly manage the data flow across our organization. NetVault provides greater automation and flexibility resulting in dramatic cost savings, as fewer people are needed to manage our escalating information flow. Furthermore, since installing NetVault we have been able to increase the reliability of backups and reduce our backup window by five hours."
NetVault will back up more than 150 heterogeneous clients running Oracle, MS SQL, Lotus Notes, MS Exchange applications linked together with a GB Ethernet Network. Sify selected NetVault for its simplicity and robustness, lower total cost of ownership, and superior reporting features. The full story on how NetVault backs up data at Sify Hosting is available online at www.bakbone.com/products/success_stories/.
BakBone has seen strong growth and expansion throughout the Pacific Rim, particularly in China and India. In 2003, BakBone opened offices in Mumbai, India to support key wins.
About BakBone Software, Inc.
BakBone Software is a leading international data recovery solution provider that develops and distributes data backup, restore, and disaster recovery software for network storage and open-systems environments. BakBone delivers scalable solutions that address the complex demands of large enterprise environments, as well as small to medium sized businesses. Founded in 2000, BakBone products are used by Fortune 1000 corporations and domestic and international government entities. Distributed through a select global network of OEM partners, resellers and solution providers, you can learn more information about BakBone's products and services at www.bakbone.com or email info@bakbone.com.
About Sify Hosting
Sify Limited is the leading network and e-Commerce services company in India, offering end-to-end solutions with a comprehensive range of products delivered over a common Internet backbone infrastructure. This Internet backbone reaches 55 points of presence in India, representing an estimated 90% of the established PC base in the country. A significant part of the Company's revenue is derived from Corporate Services, which include corporate connectivity, network and communications solutions, security, network management services and hosting. As of September 30, 2003, a host of blue chip customers used Sify's corporate service offerings. The company's network services, data center operations and customer relationship management are accredited ISO 9001:2000.