Cloud data protection and management firm Druva has opened a new office in Singapore that will support its operations in the Asia-Pacific region. The company said that it is expanding headcount and aims to triple revenue in the region. Currently, it has more than 600 customers in APAC.
Citing IDC report, the company said that the Asia-Pacific region boasts one of the fastest growing technology markets in the world, with a 32.6 percent compound annual growth rate (CAGR) for cloud services revenue between 2016-2021, exceeding the worldwide average of 21.9 percent.
The company asserted that as enterprises embrace cloud technology to meet the growing demands of data, Druva is helping IT teams streamline management, visibility and compliance of swelling data sets – all without the burden of unnecessary hardware, capacity planning, or software management.
“Emerging businesses in Asia-Pacific, and around the globe, understand that an effective way to grow quickly and meet market demands is by deploying technology that can scale with your business,” said Jaspreet Singh, CEO and founder, Druva.
“Our new Singapore office will support our goal to provide every business with a better and simpler way to manage their most valuable IP, enterprise data,” he said.
China Aviation Oil Corporation is the largest physical jet fuel trader in Asia-Pacific and the key supplier of imported jet fuel to China's civil aviation industry.
“We welcome Druva's expansion in Asia-Pacific,” said Wayne Choe, IT Infrastructure Manager, China Aviation Oil Corporation. “Our IT team already relies on Druva to protect our data, restore files, and meet any regulatory needs and we are excited to have a local team that can also support us as our data demands continue to grow.”
Comprised of eight schools and colleges, Nanyang Technological University is the second largest university in Singapore with more than 33,000 students and 10,000 faculty.
“The use of cloud-based technology like Druva's comprehensive backup and recovery has been critical to protecting the data of our faculty, employees and students,” said Alan Loe, Deputy Director, e-Learning and IT services, Lee Kong Chian School of Medicine, Nanyang Technological University. “Druva offers rapid restores, scalability and cost-effectiveness that exceeds our expectations and we look forward to strengthening our relationship with Druva in Singapore.”
Druva has also secured SG:D Accreditation from the Singaporean government. With this certificate, Druva will also be able to service the country's government agencies and top organizations
“We are very pleased to work with Druva as it scales in the APAC region through the opening of the new Singapore office,” said Edwin Low, Director of Accreditation@SG Digital. “Druva's innovative de-duplication technology coupled with its cloud-native architecture makes the company a global leader in the market. As we've seen, the shift to cloud infrastructure enables organizations, across government and industry, to reap significant gains.”