ePlus Inc., a provider of technology solutions for business outcomes, has introduced a new disaster recovery service named Azure Recover. This service, fully managed and powered by Azure Site Recovery, is designed to protect workloads on-premises, in Azure, or other cloud environments. It offers features like automated testing, support during failover events, and recovery validation to reduce recovery time objectives. Justin Mescher, VP of AI, cloud, and data center solutions at ePlus, ensures the service maintains performance in unforeseen disasters.
As an experienced advisor in the technology industry for over 30 years, ePlus provides diverse solutions in security, cloud, data center, networking, and collaboration. The company focuses on continuous testing and validation to instill confidence in the disaster recovery operating model, ensuring customers are well-prepared.
Based on a press release from ePlus Inc., the expectations for Azure Recover are optimistic. However, risks and uncertainties detailed in SEC reports may impact actual results.
In recent news, ePlus Inc. reported strategic growth initiatives and successful fiscal fourth-quarter results. Net sales and gross billings increased, accompanied by revenue growth in networking products, managed services, and financing. The company ended the fiscal year with a strong cash position exceeding $250 million. A share buyback plan was approved, and future forecasts show projected growth for fiscal 2025.
InvestingPro Insights indicates that ePlus Inc. has a market capitalization of $1.93 billion, reflecting its commitment to disaster recovery services with the launch of Azure Recover. With a stable investment profile and strong financial health, ePlus presents a promising opportunity for investors. Revenue growth, maintained profitability, and a strong balance sheet are key factors contributing to its investment appeal.
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https://www.investing.com/news/company-news/eplus-introduces-azurepowered-disaster-recovery-service-93CH-3498153
