3i Infotech Bags Rs1.02 Cr Disaster Recovery Order From Leading Commodity Exchange
India, Sept. 11 -- In India, exchanges, clearing corporations and other market infrastructure institutions are subject to some of the toughest continuity requirements in the country, as even a few minutes of downtime can have cascading effects on the trading, settlement and clearing systems used by thousands of participants.
As regulatory expectations for uptime and data resilience continue to tighten, institutions are outsourcing more and more of their disaster recovery and data center management to specialist IT services vendors rather than doing it all in-house. The latest order win for 3i Infotech is driven by this constant and continuous need for 24x7 continuity support.
Shares of 3i Infotech Ltd. were trading at Rs. 22.14, down ...
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