| Ontrack Systems to establish new disaster recovery centre in the UK India-based Ontrack Systems Limited has announced that it has received a firm letter of intent from one of its customers in the UK contracting Ontrack to provide IS managed services on a global basis. The value of the deal is around £1 million and is likely to commence from October 2003. In order to service this contract the company is expanding its operations in the UK and will also be augmenting its management and service delivery teams in India and UK. B Hari, CEO and managing director of Ontrack Systems said that as part of the contract preparations the company is evaluating the establishment of a backup and disaster recovery centre in Cardiff. “We expect to spend around Rs. 15 million (£200,000) in the first phase in setting up facilities and based on additional contracts we are likely to scale up the investments.”
•Date:
27th August 2003 • Region: UK/Asia •Type:
Article •Topic: BC
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