Recovery-as-a-Service Provider Safeguards Customer Data While Lowering the Cost of Server Replication and Archiving
Read the THINKstrategies press release.
Wellesley, Mass. – October 12, 2010 – THINKstrategies, Inc., the leading strategic consulting company focused on the business implications of the on-demand services market, announced today that Geminare has been named the newest winner of THINKstrategies’ Cloud Computing Business Value (CCBV) Awards program, which is aimed at promoting the measurable business benefits being delivered by today’s cloud computing solutions.
The CCBV Awards program was announced in January 2010 to recognize Platform-as-a-Service (PaaS) and Infrastructure-as-a-Service (IaaS) providers delivering tangible business benefits to specific user organizations. These benefits include lower costs, faster deployment times, greater profitability, etc.
Geminare is a provider of Recovery as a Service (RaaS) solutions to the Cloud Computing market, with products including Cloud Recovery and Cloud Storage Assurance. Geminare delivers its solutions through a network of channel partners worldwide including Qwest Communications, Hosting.com, Bell Canada, CA Technologies Inc., and Ingram Micro.
An example of Geminare’s measurable business benefits is Tao Admin Corporation, the largest independent structured products administration firm in Canada, with over $4 billion in assets under its administration. Geminare protected Tao Admin’s critical infrastructure when the power went out in downtown Toronto, preserving between $1-2 million in new and existing revenues.
Another example of Geminare’s measurable benefits is Lang Michener, a Toronto-based law firm of over 400 employees which had an unplanned outage of its Exchange server during a routine maintenance window. The server traffic immediately failed over to Geminare’s Cloud Recovery solution, hosted by Bell Canada, saving the firm an estimated $500,000 in lost revenue during the weeklong outage.
It is for these reasons that Geminare has been named THINKstrategies’ latest Cloud Computing Business Value (CCBV) Award winner.
“Geminare is pleased to be recognized by THINKstrategies for the measurable business benefits provided by our Cloud Computing solutions,” said Joshua Geist, CEO of Geminare. “THINKstrategies’ confirmation of our traction and quantifiable value in the marketplace, given its reputation for quality, helps to secure our position as the de facto standard for RaaS and to accelerate adoption of our partners’ cloud recovery solutions.”
“Cloud computing gives organizations of all sizes access to powerful and cost-effective ‘on-demand’ resources which can strengthen their operations,”stated Jeffrey M. Kaplan, Managing Director of THINKstrategies.“Geminare’s RaaS capabilities clearly demonstrate the measurable benefits which are being delivered via the Cloud.”
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About the Cloud Computing Business Value (CCBV) Awards Program
The Cloud Computing Business Value (CCBV) Awards program was launched by January, 2010, by THINKstrategies to recognize Platform-as-a-Service (PaaS) and Infrastructure-as-a-Service (IaaS) providers delivering measurable business benefits to their customers. These benefits include lower costs, faster deployment times, higher revenues, greater profitability, etc.
About THINKstrategies, Inc.
THINKstrategies, Inc. is the only strategic consulting services company formed specifically to address the unprecedented business challenges facing IT managers, solutions providers and investors today as the technology industry shifts toward a services orientation.
THINKstrategies’ mission is to help our clients re-THINK their corporate strategies, and refocus their limited resources to achieve their business objectives. THINKstrategies helps enterprise decision-makers with their sourcing strategies, IT solutions providers with their marketing strategies, and VCs with their investment strategies.
In addition to the Software-as-a-Service Showplace, THINKstrategies is also the founder of the Managed Services Showplace, a vendor-independent, online directory and information resource center of managed service solutions.
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