Netmagic bags Frost& Sullivan’s Cloud IaaS Award

Managed services provider Netmagic has received the Cloud Infrastructure-as-a-Service (IaaS) Provider of the year award at the 2014 Frost & Sullivan India ICT Awards held on June 24.

The award was given for its outstanding performance, market leadership, and new technologies application in cloud services. Its self-service, pay-as-you-use, project governance capabilities and end-user confidence delivered through public cloud grid at major cities in India were ohter features that helped it to bag the award.

Sharad Sanghi, managing director and CEO, Netmagic, said, “It is the thirst that propelled us to launch India’s first Software Defined Storage Service with metered IOPS (NTSS) as well as cloud-based Web Application Firewall (WAF) Platform last year. We have also witnessed a strong growth for Disaster Recovery (DR) on cloud offering that helps enterprises offset capex considerations and invest in a cost effective, yet robust DR solution.”

“Besides, our expert consulting and solution capabilities backed by strong service delivery has allowed us to give complex IT consolidation and migration solutions around a hybrid cloud approach, thereby protecting customers’ existing IT infrastructure while moving them on a gradual path to public cloud. With the global expertise of NTT Communications, we will continue strides of innovation, and support our customers at every step of their IT infrastructure evolution,” he added.

Benoy CS, director, ICT Practice, Frost & Sullivan, said: “Netmagic has demonstrated its commitment to deliver to enterprises, innovative cloud services that eliminate up-front capital costs and offer enterprise-class features like instant deployment, ability to rapidly scale both horizontally and vertically, predictable uptime and lower total cost of ownership.

Netmagic’s home grown cloud architecture provides enterprises with a tactical and strategic business planning advantage since it offers transparent metering for IT usage and also supports on-demand IT provisioning for uncertain business demands. Netmagic has led a consultative approach to help organizations transition to cloud based services by simultaneously mitigating the risk of data migration from their legacy systems.”

The award recipients were judged on a variety of parameters that included revenue growth, market share growth, product portfolio diversity, key achievements, and go-to-market strategy, and involved in-depth primary

interviews of various industry participants and secondary research conducted by Frost & Sullivan analysts.

Netmagic offers a range of cloud infrastructure solutions for compute, network, storage, and applications as well as strategic cloud deployments for disaster recovery.