Sanovi Technologies wins Global Red Herring Top 100 Awards for 2013

New Delhi, India, December 4, 2013: Sanovi Technologies, a player in IT Continuity and Disaster Recovery Management (DRM) solutions has been selected as a winner in Red Herring’s Top 100 Global, which recognizes leading private companies from North America, Europe, and Asia, celebrating innovations and technology superiority across respective industries they operate in.

Red Herring’s Top 100 Global 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.

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

Earlier, Sanovi Technologies was selected as Red Herring’s Top 100 Asia award winner, honoring the year’s most promising private technology ventures from the Asian business region. The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across Asia, with the final Asian 100 being considered for the Global Top-100 Award.

Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track records and standing of startups relative to their peers, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models from around the world.

Founder & CEO at Sanovi Chandra Pulamarasetti said, “The Red Herring Global award is a true recognition of the value our innovative solutions brings to customers across the globe. We sincerely thank our customers and partners for their trust. We are very happy to have partnered with them in providing IT continuity assurance to the business, with our application-aware recovery automation technology. Sanovi is uniquely poised to grow, with its broad DR management solutions covering converged clouds, hybrid clouds, big data and Hadoop.”

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