Netmagic wins Cloud IaaS provider award 2014

Netmagic has been named Cloud Infrastructure-as-a-Service (IaaS) provider of the year at the 2014 Frost & Sullivan India ICT Awards held on June 24th in New Delhi.

Netmagic was felicitated with this award in recognition of its outstanding performance, market leadership, and new technologies application in cloud services. Its feature rich self-service, pay-as-you-use, project governance capabilities and end-user confidence delivered through public cloud grid at major cities in India has positioned Netmagic as a holistic cloud consulting partner and a value-for-money service provider who offers best in class cloud infrastructure and solutions that empower enterprises with fully automated access, control, security, and scalability.

Sharad Sanghi, MD and CEO, Netmagic, says, "It is a moment of honor and elation for us to have received this esteemed award. What makes us even happier is that we have been recognized by a jury consisting of some of India's best analysts and leaders in the ICT industry, equally backed by the continuous faith and support of our customers."

"We are proud to have been at the forefront in defining India's cloud story. We were one of the first to bring cloud services to India. In this highly competitive space, key to success is the constant thirst to innovate. It is this 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. 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.

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. An elite panel of jury members comprising prominent CIOs/CTOs from the collaboration industry evaluated the compiled data and incorporated the end-user perspective. Frost & Sullivan then presented the awards to companies that received the highest number industry ranking in each category.