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Spotlight
Business continuity with Panaces
Taking the product route in the storage space in India is
challenging. Vinutha V says that Sanovi Technologies is set to target
the top Fortune 1000 companies with its flagship product, Panaces.
In 2000, a team of four specialistsSrinivas Pothapragada, Lakshman Narayanaswamy,
Raja Vonna and Sekhar Pulamarasettidecided to develop storage solutions.
With a background in data management, application continuity and data protection,
they founded Sanrise in California, USA. Funded by a venture
capital firm from the Bay Area, the company began serving some 600 customers
principally in North America, Europe and Asia. Later, when EMC was looking to
expand its storage services, Sanrises IP (Intellectual Property) was sold
to it while the customers went to Cable & Wireless.
A whole new product
The founders of Sanrise were aware of the potential in the storage space. Several
hardware vendors and customers associated with them had storage requirements
in the areas of data protection and application continuity. Hence, in 2002,
the same team set up Sanovi Technologies to specialise in Disaster Recovery
(DR) and Business Continuity (BC) solutions.
In India, bringing a product idea in storage space to fruition is not
easy as it requires a different set of skills and value-adds. But we were aiming
at competing in wider areas within storage, hence we felt that taking the product
route was the best option, says Narayanaswamy, co-founder and Chief Technology
Officer of Sanovi Inc.
The company started with an offering called Enterprise Continuity Lifecycle
Management that was targeted at financial institutions to develop effective
BC programmes. HDFC Bank, which was its first customer, handed over its entire
DR and backup work to the company.
Soon it launched its first flagship product, Panaces, an enterprise continuity
manager. The product was designed and built around the principles of predictable
BC. It not only tackled problem points of conventional BC, but laid the foundation
for an efficient and cost-effective approach to true continuity. It features
centralised remote management and integrates with enterprise management software.
It also supports dependent relationships between islands of applications and
comprehensive reporting of outages, variations and responses.
Traditionally, switching the application from failover to fallback is done manually.
Panaces offers automated, pre-tested actions, and supports multi-vendor replication
technology. It tightly integrates replication states with an applications
data view.
Sanovis DR services are built around Panaces. There was a lot of
complexity and inability to guarantee that a DR solution would work for enterprises,
and our flagship product just met our customers requirements, explains
Narayanaswamy. Business continuity as offered by the company is an extended
service of its DR offering. DR is an older term that is used for recovery of
IT systems which involves technological solutions. It means a reactive approach
to managing recovery. BC has a broader scope than DR. It suggests a proactive
approach in keeping the business available.
| Milestones of Sanovi Technologies
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| Feb-02 |
The company was established |
| Nov-02 |
First release of Panaces |
| Oct-04 |
First round of external funding of over
$3 million |
| Apr-05 |
Opened Centre for Business Continuity
Excellence in Bangalore |
BC beyond DR
Everyday events such as software and hardware crashes or errors, patch upgrades,
configuration changes, network problems and power failures cause most business
outages. In such cases, organisations should be capable of resuming their business
without any downtime. DR comes as a boon to recover lost data, yet it is important
to take business downtime into consideration. To keep an organisation running,
BC is of paramount importance. It is a process and not a technology solution.
It is not a one-time effort. A plan that will work for you is the one that involves
the right people, has processes in place, and is backed by IT and infrastructure
support to keep the business going, informs Narayanaswamy. BC also includes
external interfaces comprising logistics and training.
Although BC is a must across verticals, its catching
up in manufacturing, finance, telecom and government. It is generating a lot
of interest in mature organisations in these verticals. Regulatory compliance
and customer expectations are prompting organisations to go in for BC. In BFSI,
the RBIs regulation on DR for RTGS (Real Time Gross Settlement) is driving
the trend. In manufacturing, its mapping into ERP. The growing importance
of back-office applications and customer service is making IT applications
mission critical in the telecom sector. The lack of awareness at the management
level in the enterprise poses a hurdle for further growth in the BC space. However,
we have been countering this challenge by educating customers through our channel
partners. Over the last three years, Sanovi has over 25 clients such as the
UTI Bank, Corporation Bank, HDFC, L&T and STPI, Bangalore, says Narayanaswamy.
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"Lack of awareness at the management
level in the enterprise poses a hurdle for further growth in the business
continuity space"
- L Narayanaswamy
Co-founder & CTO,
Sanovi
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"We have completed a few pilots
for business continuity in the US. Next year we expect to finalise a few
customers over there"
- K Aravazhi
Vice-president, Sales
Sanovi
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Fortune 1000
In April 2005, Sanovi kicked off its Centre for Business
Continuity Excellence in Bangalore to develop and test BC and DR solutions for
customers worldwide. Also, the company will invest $10 million in the next three
years to expand its engineering centre and sales and support operations in India.
Currently, it says it has met only 70 percent of storage market requirements.
In future, it intends to support platforms such as IBM Mainframe, Unix and NetWare.
So far the company has filed two patents related to Recovery Point Objective
(RPO) and Recovery Time Objective (RTO). It aims at filing patents in the areas
of recovery mechanisms and continuity.
Sanovi has its geographical reach in India, the Middle-East and US. We
[now] intend to focus on the APAC region. In the US market, we have completed
a few pilots for BC. In the second quarter of 2006 we expect to finalise a few
customers in the US, says K Aravazhi, the companys Vice-president,
Sales. Sanovi markets Panaces through direct-selling for the greater part. However,
it has signed up IBM, Hitachi, Veritas and EMC as its partners.
The company declined to divulge its current revenue, but it has set a target
of $25 million in three years. Sanovi says it can achieve its target by aiming
at Fortune 1000 companies and reaching out to mid-sized customers through its
channel partners.
In the next four months, Sanovi is expecting to raise a second round of funding
which will be spent on its expansion.
vinutha@expresscomputeronline.com
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