Tech­noBind Dou­bles Rev­enue; Big on Cloud Bets

The DQWeek (Chennai) - - NATION -

Tech­noBind an­nounced that the com­pany recorded an im­pres­sive 100 per­cent growth in rev­enue in fi­nan­cial year 2016-17. The com­pany also re­vealed its go-to-mar­ket plans for FY 2017-18, with an am­bi­tious goal to achieve a two-fold in­crease in its top-line.

Tech­noBind is the first spe­cial­ist dis­trib­u­tor in the In­dian IT chan­nel space for data, with unique of­fer­ings around Data Stor­age, Data Pro­tec­tion, Data Man­age- ment and Data Security. It cur­rently has part­ner­ships with more than 400 en­ter­prise chan­nel part­ners and is aim­ing at ex­pand­ing its part­ner net­work fur­ther in new mar­kets and Tier-2 and 3 cities.

“Last fis­cal was an im­por­tant phase in our growth jour­ney as we for­ayed into new seg­ments in stor­age, signed new part­ner­ships, while fo­cus­ing strongly on the en­ter­prise seg­ment in the coun­try. We wit­nessed a tremen­dous growth in soft­ware-de­fined stor­age and hy­brid data stor­age. We sig­nif­i­cantly strength­ened our tech­ni­cal and sales force in the last fis­cal, and were priv­i­leged to be rec­og­nized with awards for our ser­vices in var­i­ous mar­kets,” said Prashanth GJ, CEO atTech­noBind.

BFSI, Pharma, Re­tail, e-com­merce, Hos­pi­tal­ity, Gov­ern­ment and Ed­u­ca­tion are the key fo­cus ver­ti­cals and rev­enue con­trib­u­tors for the com­pany in In­dia. On the solution side, Tech­noBind won ma­jor deals in the ar­eas of Soft­ware De­fined Stor­age, En­ter­prise Backup as well as End-Point Backup and Security so­lu­tions like En­cryp­tion and IRMS in FY 2016-17.

“This year, cloud, mo­bil­ity and soft­ware­de­fined-stor­age will be our core ar­eas of fo­cus. We are in the process of build­ing a set of ser­vices with our part­ners around these tech­nolo­gies, which will help them ac­cel­er­ate mar­ket adop­tion,” added Prashanth.

Tech­noBind also of­fers con­sult­ing ser­vices for or­ga­ni­za­tions to help them fo­cus on re­duc­ing costs, mit­i­gate risk and im­prove pro­duc­tiv­ity along with max­i­miz­ing re­turns on in­vest­ments.

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