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Frost & Sullivan Award for Netmagic Solutions

May 22
22:16 2011

Anand Rangachary (Left) Managing Director of Frost & Sullivan, South Asia, Middle East and North Africa, handing over the Frost & Sullivan 2011 India IT & Telecom Excellence Award for ‘Data Center Service Provider of the Year’ to Mr. Sharad Sanghi, MD & CEO, Netmagic Solutions

MUMBAI: Netmagic Solutions, India’s leading managed IT hosting services provider, has been conferred with the ‘Data Center Service Provider of the Year’ award at the 9th edition of Frost & Sullivan 2011 India IT & Telecom Excellence Awards ceremony held in Delhi (NCR). Netmagic was felicitated with this award in recognition of their growth and performance achieved in the fast growing and competitive datacenter market in India.

Netmagic provides managed IT hosting services to support mission critical IT environments of enterprises across the globe through their 7 state-of-the-art datacenters in India. Netmagic is one of the few datacenter service players who have a comprehensive portfolio of products and services to fulfill the IT Infrastructure hosting requirements of enterprises.

Netmagic is also the first mover in the Indian cloud computing services space and has over 150 customers currently hosted on their third generation enterprise grade and highly scalable public cloud (infrastructure-as-a-service) platform. This award also reaffirms the company’s ability to plan, design, operate and maintain world-class datacenters.

“It is a great honor to receive such a prestigious award and is a testimony to our efforts in providing the complete range of datacenter solutions” said Sharad Sanghi, MD & CEO, Netmagic Solutions “I would like to especially thank all our customers and partners for their trust and support. One of the reasons for our success has been our constant endeavor to innovate and our story in the cloud computing space is testament. With datacenter adoption gaining momentum in India as a result of reducing bandwidth costs and the 3G roll-out, we are committed to retaining this leadership position by embracing the latest in technology and developing innovative products and business models that enable our customer’s businesses.”

According to Anand Rangachary, Managing Director, Frost & Sullivan, South Asia, Middle East and North Africa, “There has been a significant shift in the CIO mindset driven by factors such as cautious IT budgets, rising energy costs and lack of skilled man power. The Data Center services market is witnessing an increasing traction with respect to new technologies deployed, innovative products offered and business models incorporated. Netmagic has been a pioneer in the incorporation of green IT measures for data centers. They are the first in India to have LEED’s Gold certified Data Center facility in Chennai and also one of the first providers of IaaS services in India. Their innovative solutions for the BFSI industry include a co-located data center at the BSE, in strategic partnership with Thomson Reuters. Market share growth, customer satisfaction and product innovation have been the key criteria for bestowing Netmagic with the ‘2011 Frost & Sullivan Datacenter Service Provider of the Year’ award.”

A rigorous process was followed in selecting a company for this award, which involved detailed research done by analysts on market performance of each company in the fray. An independent panel of judges finally deliberated on the findings of the analyst team before they decided on the deserving award recipient. The evaluation parameters for the award comprised revenue growth, innovation and breadth of portfolio offered, geographical reach, customer base and key wins in 2010 achieved by the provider.

India Post News Service

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