Asigra Inc., a cloud backup, recovery and restore software provider has highlighted recent data from industry analysts showing that significant growth is predicted in the market for cloud-based backup and recovery solutions.
Regional newspaper, the Philadelphia Inquirer, is reporting that Sungard Availability Services plans to file for bankruptcy reorganization. According to the publication Sungard AS ‘expects to detail its plans in public statements Tuesday [April 2], and hopes to be in and out of bankruptcy with the approval of its creditors later this month’.
QuorumLabs Inc., a global provider of 1-click, instant recovery and data protection solutions, has announced updates to its MSP channel program in the Americas.
ContinuitySA, the Africa based provider of business continuity and resilience services, turned 30 in March. Over the course of its three decades of business, the company has seen huge changes in technology and business practice
Fairchild Resiliency Systems has announced the appointment of Nicole Hoyle, MBCP, CISA to the position of director of business continuity and disaster recovery.
Ares Management Corporation has announced that funds in its European Direct Lending group served as the sole lender of over £1 billion of committed capital to Daisy Group, a leading independent provider of telecommunications, IT and cloud services to UK businesses.
Sungard Availability Services has officially confirmed that the company will enter a ‘pre-packaged’ Chapter 11 bankruptcy filing on or around May 1st 2019. With over 75 percent of the secured lenders and over 85 percent of the noteholders already committed to vote to accept and/or support the plan, the company expects to emerge from bankruptcy very shortly after filing.
North America based provider of business continuity and recovery solutions, Agility Recovery, has announced the acquisition of Preparis, an emergency notification solutions provider.
Trusted Computing Group (TCG) has announced a new work group to focus on cyber resilient technology applicable to a wide array of platform types. TCG technologies will enable the development of platforms that withstand adverse cyber events.
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Business continuity can be defined as 'the processes, procedures, decisions and activities to ensure that an organization can continue to function through an operational interruption'. Read more about the basics of business continuity here.
