Big Enterprise Deals Spur TechnoBind Growth and Expansion of Channel Network in FY15-16

TechnoBind, India’s first specialised distributer for data and the associated domains, announces impressive growth for FY 2015-16, the company has added more than 50 new partners and doubled up the annual revenue as compared to last FY. TechnoBind had made a remarkable growth by helping its partners win major enterprise deals in IT/ITeS space, manufacturing, retail, and e-Commerce space etc. With 100% focus on channel driven business, TechnoBind is redefining distribution market with the services lead by technology distribution.

“This year the growth was primarily organic focusing on consolidating our efforts, we registered 85% of the enterprise business partners across the country. This vindicates our commitment towards the partners to bring them the complete solutions aligned with the latest technology,”said Prashanth G J, CEO at TechnoBind.

Keeping the focus on new and innovative technology, TechnoBind helps partners building brands as a white labeling solution provider as well. The company is also using ‘USE-CASE’ based approach, which helped them in capturing a majority market share across verticals. In particular, healthcare, telecom, retail, e-commerce etc.

“Today, data storage and backup are advancing rapidly. Like any other technology innovation, it too comes with issues and challenges. We being focused on data – it helps us understand the current and emerging challenges in the handling of data by the customers and accordingly position and deploy the latest cutting edge solutions which may be emerging, alternative or even disruptive. The objective is to solve the specific business pain point of the customer. This approach has helped achieve differentiation in this crowded market place.” he added.

A recent study by Gartner says that more than $1 trillion in IT spending will be directly or indirectly affected by the shift to cloud by 2020. Considering this, TechnoBind aims for 50% growth by catering a set of technologies and services around cloud for partners to help their customers adopt cloud.