"The employees were led to believe there was new funding, that they were ready to attack the next hole in the systems management infrastructure, namely, managing disaster recovery," says a source. There was talk that Sanovi would be the next BladeLogic (the data center automation firm recently sold to BMC for $800 million).
You get the picture. All systems were go.
Then the bomb fell. Early this week, the entire team was reportedly herded into a conference room and told that the U.S. operation they'd been planning was terminated. Sanovi was closing its U.S. shop. End of story. No explanation, no future plans -- and allegedly no specific severance arrangements.
Calls to one of Sanovi's founders, Lakshman Narayanaswamy, went unanswered, and voicemail said his message box is full. Srinivas Pothapragada, another co-founder, left last year.
Sanovi's newly redesigned Website has allegedly been tweaked to excise any mention of employees who may no longer be there. Calls to other employees formerly known to be on staff went unanswered.
To realize the benefits of cloud-native software, an application must actually be cloud-native—designed to run in the cloud, interacting with disaggregated cloud services, fully manageable as code—to deliver the expected benefits.
By combining resources and expertise, the AI-Enabled ICT Workforce Consortium will offer a blueprint for how industries can adapt to an AI-dominated future.
IT leaders should heed the guidance of cybersecurity insurance providers who think businesses should prioritize security education, incident preparedness, regular internal audits, and ongoing vulnerability scanning and patching.
