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Give us your contact details and we will contact you.Hasso Plattner Ventures buys into Cibecs.
Brandon Faber | Monday, October 05, 2009
Industry statistics indicate that 60-80% of an organization’s business critical data resides on its users’ desktops and notebooks.
The harsh reality is that data is not backed up and the good old IT folk have to carry the can when data is lost. Not only does this lead to a waste of valuable IT resource in their efforts to retrieve the information but, in most cases, the data is lost forever. . . The real costs of such data loss can be devastating to the welfare of the business.
The absolute necessity to protect the business critical information on enterprise desktops and notebooks has led to the field of data backup and recovery becoming one of the most critical components in ensuring business continuity.
Because of this, the venture capital firm of SAP Co-founder and chairman, Professor Hasso Plattner, recently acquired equity stock in a local enterprise desktop and notebook backup company, Cibecs.
Why Cibecs?
Cibecs’ product features automated backup for 1 to 100,000 or more enterprise users. The software takes user responsibility out of the equation and allows for central management of what types of data is stored.
For desktops and notebooks there is no more convenient way to make sure that business critical data is always available, and that you are always in the driving seat:
• Fully automated backup means your users don’t have to lift a finger
• You are in control of what data is backed up
• Data recovery and transfer to new hardware is fast and easy.
Boost for local entrepreneurship
Cibecs already boasts a host of leading local and international clients with thousands of business users – each relying on the Cibecs solution to backup and recover their critical data.
The new partnership with HP-Ventures Africa now places the company in a position to rapidly expand its global reach.
Cibecs fits the bill
HP-Ventures Africa has strict investment requirements, favoring the best managed, early-stage South African companies that embrace, create and utilize leading global technology trends.
Going global
Cibecs offers freedom from fear of losing data, fast recovery, encryption for your added security and full control over your company’s backup.Coupled with developers and strategic partners located around the globe, Cibecs is able to deliver a corporate data backup solution that is reliable, cost effective and famously easy to use.
As Böhmert says: “Cibecs is great for users, great for IT departments and should be a must have for any business."
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Director & Co-Managing Partner
Hasso Plattner Ventures Africa
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