Synology Registers 100% YoY Growth in India Since 2019

Tech Bytes

Synology, a global leader in data storage & management, recently unveiled its plan for achieving 300 percent growth in 2023, riding on its track record of 100 percent growth Year on Year in India since 2019. 

The company has recorded exponential revenue growth, installed base, units shipped, customers, as well as active partner accounts since 2019. The server deployments for Synology have doubled YoY in India, especially among SMBs. Midsize, thus becoming a key growth driver for the organization. The manufacturing segment, eyeing multi-site solutions for sharing and synching mission-critical data, accounts for over 30% of Synology’s revenues in the country. Professional services (such as hospitals) looking for on-demand data protection, backup and security solutions, as well as the entertainment segment searching for PETA volume data storage as well as high I/O data management solutions, account for a 15 percent share each.

Since 2019, events have transformed how organizations and their employees are managed as well as sharing data and testing enterprise-wide IT resilience. During COVID-19, Synology NAS designed for file collaboration and remote access met the critical need for small and medium enterprises to have an integrated infrastructure offering collaboration, networking, security, as well as file storage solutions for minimizing IT efforts, enabling them to run their organizations in challenging environments. Synology NAS servers thus helped SMBs in enhancing their business resilience. 

“The Indian economy is poised for exponential growth in 2023 and beyond. Our new line of data management solutions enables us to address unmet market demands and drive digital transformation for customers in India,” said Michael Chang, Regional Sales Head, Asia Pacific, Synology.

Synology is offering new possibilities for organizations, including data storage, backup, video surveillance, network infrastructure, and file collaboration solutions.

Encompassing multiple products and spanning data protection, IT infrastructure security, and data management, the latest Synology solutions will change how data is stored as well as managed, raising the bar higher for security, scalability, and reliability.

Synology offers the following data management solutions:  

Protect Data Against Ransomware And Cyberthreats With DSM 7.2: The solution is expected to hit the market at the beginning of 2023. DSM 7.2 will introduce full-volume encryption, offering increased peace of mind while boosting storage performance by 48% over shared folder-based encryption. 

Share And Collaborate With Ease Using Synology Drive: Updates to Synology’s private cloud solution, Synology Drive, help keep files safe during sharing between teams with watermarks and download policies. Remote wipe capabilities help minimize security risks by removing synced folders from stolen Windows and macOS clients. 

Scale-Out NAS – Next-Gen Storage Servers: Expected to be launched in 2023, these new scale-out systems are designed for file and object storage. Scale-out clusters will be considerably faster than Synology’s current largest solutions, with near-linear scaling of performance and capabilities as more units get added. The first generation of scale-out systems will support clusters of up to 60 servers for more than 12 PB of effective storage, over 60 GB/s sequential write performance, and more than 80,000 concurrent connections. 

Other solutions expected include a Worldwide Backup Management Platform, Synology 500 Series AI-Powered Cameras, Networking Solutions -WRX560 Wi-Fi 6 Router with Advanced Networking Features, Active Insight – Automated Breach And Misuse Detection, and Synology C2 Identity Platform – Securing Devices And Credential.

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