Monday, September 16, 2013

Sanovi Technologies selected in the Red Herring Top 100 Asia 2013 Awards

Sanovi Technologies selected in the Red Herring Top 100 Asia 2013 Awards
Sanovi Technologies, the market leader in IT Continuity and Disaster Recovery Management (DRM) solutions announced today that it has been selected under Red Herring's Top 100 Asia award, a prestigious list honoring the year’s most promising private technology ventures from the Asian business region.

Red Herring’s Top 100 Asia list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.

The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across Asia, celebrating the startups’ innovations and technologies across their respective industries.
The nominees are evaluated on both quantitative and qualitative criteria, such as financial performance, technological innovation, quality of management, execution of strategy, and integration into their respective industries.

This unique assessment of potential is complemented by a review of company track records and standings, which allows Red Herring to see past the “buzz” and make the list a valuable tool for discovering and advocating for the best business opportunities in the industry.

"Choosing the companies with the strongest potential was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across Asia to the Top 100 Winners. We believe Sanovi embodies the vision, drive and innovation that define a successful entrepreneurial venture. Sanovi Technologies should be proud of its accomplishment, as the competition was the strongest it has ever been.”

“Visionary, Innovative, Transformational – these are the key characteristics of any new technology that will make a significant impact. We are very excited to have received the Red Herring Top 100 Asia Award,” said Chandra Pulamarasetti, founder and CEO, Sanovi.  “The Award reflects our commitment to product innovation. Our products have transformed the IT recovery process, and provide total confidence that BCP/DR plans work when invoked.”

About Red Herring 100
Since 1996, technology industry executives, investors, and strategists have valued the Red Herring 100 lists as an instrument for discovering and advocating the most promising private ventures from around the world.  The Red Herring 100 Award highlights the exciting startups from Asia, Europe and the Americas. Hundreds of companies from each region are reviewed in a rigorous 3-step process that looks at all aspects of the company.

About Sanovi Technologies
Sanovi Technologies is an independent software vendor offering a suite of software products and solutions in the IT Disaster Recovery Management (DRM) space. Sanovi has its corporate headquarters in Bangalore, with sales and service offices across India, Dubai, and South Korea. Sanovi's flagship DRM product enables organizations to ensure that their IT applications recover predictably in a disaster scenario to meet the required recovery goals. Sanovi DRM provides high levels of interoperability, real time monitoring of adherence to DR SLAs, workflow automation and advanced reporting features making it a critical part of any organizations DR landscape. The India-founded, globally recognized Company has been positioned by Gartner as sample vendor  in the Gartner Hype Cycle for Business continuity Management and Disaster recovery Management since 2011.

More than 100 large enterprises including fortune 500 clients are already using Sanovi products to manage their DR program. For more information, visit www.sanovi.com.