As cloud technology gains momentum among enterprises and consumers, Ensono’s India Managing Director, Raj Bagga, has emphasized that the cloud is not suitable for all types of workloads. Ensono, which is a prominent mainframe-as-a-service company, is now venturing into hybrid solutions for enterprise data in response to this new evolving landscape.
The recent government restrictions on the import of microcomputers, large mainframe computers and certain data processing machines have brought the role of mainframe technology into focus. Mainframe computers are essential tools for large organizations which need for works such as censuses, industry statistics, enterprise resource planning and extensive transaction processing, especially when dealing with sensitive information.
In the past, companies typically embraced a “cloud-only” strategy, seeking to move entire operations to the cloud. The viewpoint is now undergoing a transformation as more individuals recognize that the cloud may not be the ideal solution for every type of workload. Bagga stated that mainframe technology holds significant importance in a range of sectors, encompassing insurance, banking, retail, healthcare and government.
Ensono, having merged with Wipro-hosted data center business, has witnessed significant growth in recent years. Bagga assumed leadership of the company after the acquisition in 2018. He noted that when Indian IT service providers like Wipro consider the data center business, they tend to favor asset-light models over extensive capital investments due to the substantial requirements of data centers, private clouds and mainframe businesses.
Ensono witnessed an impressive growth of 50% increase in revenue over the past five years and a 26% expansion of its employee base in India during the period. Its employee base hiked from 450 in 2018 to more than 1,500. In terms of revenue, the company reached USD 775 million in 2022 and is projected to reach USD 900 million by the end of 2023.