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Thursday, November 12 - 2009

Paramount makes virtualization reality in partnership with VirtualizeIT

  • United Arab Emirates: Monday, April 06 - 2009 at 14:36
  • PRESS RELEASE

Paramount, the regional provider of products and services for securing the information assets of enterprises in the Middle East, is all set to provide cost effective, carbon efficient and agile IT infrastructure solutions to companies in the region by signing a partnership agreement with VirtualizeIT, a company with an eight year unrivalled track record of providing virtualization technology in Europe.

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  • Mr. Premchand Kurup, CEO, Paramount.
    Mr. Premchand Kurup, CEO, Paramount.
Paramount will offer a range of award winning strategic services that involve consultancy, design, implementation and after-care of an optimized virtual infrastructure.

Mr. Premchand Kurup, CEO, Paramount, commented on the tie-up:
"We are happy to partner with a market leader like VirtualizeIT and leverage their expertise to the benefit of customers in the region. In the current economic environment where organizations are actively trying to cut costs, improve asset utilization and operational efficiencies and are demanding more flexibility from their IT infrastructure, virtualization is the key to achieving these objectives. The Middle East market holds a great amount of potential for adoption of this technology as businesses in the region are slowly beginning to understand the incredible cost savings and other merits of implementing virtualization solutions."


Virtualization represents a strategic opportunity to organizations to transform their typically static tactical information systems into agile, scalable and resilient dynamic platforms that are aligned to the business and operational directives. Virtualization is both a technology and an operational discipline that enables greater efficiency and productivity over non-virtualized environments. Essentially organizations considering virtualization need to ensure that people, process and technology have all been considered and aligned to enable a successful transformation.

"VirtualizeIT is excited about the opportunity of partnering with Paramount Computer Systems in the delivery of highly efficient, resilient and secure virtualized infrastructures to clients across the region. Paramount realized that specialist expertise is required as virtualisation needs to be looked at on a strategic rather than tactical basis in order to realise its true potential. We are therefore pleased that after an extensive review of possible partners Paramount identified VirtualizeIT due to its unrivalled experience in implementing strategic virtualisation projects," said Mr Julian Box, Managing Director, VirtualizeIT.

"Working in partnership with Paramount we look forward to the prospect of enabling more organisations in the region to dramatically reduce their physical computer hardware requirements and provide significant cost savings to their organizations," he added.

Besides cost savings and IT scalability, virtualization is also of paramount importance in today's context where green technology has become increasingly relevant. IT emissions account for up to 10% of most European countries energy expenditure and with spiraling fuel costs, it is estimated by 2011 over a third of IT budgets will be spent on energy alone. Conversely, 86% of ICT departments remain unaware of their own carbon footprint. Organizations significantly lower energy emissions through the reduction of physical infrastructure in favor of a virtualized environment including storage, I/O, server, desktop and network virtualization. This virtualized state reduces electricity consumption through cooling and power, eliminates space required for hardware and optimizes and re-utilizes existing resources.

According to a recent report by Gartner Inc. in February 2009, global virtualization penetration is on pace to reach 20% in 2009 from 12% in 2008. Server virtualization management will be the primary source of growth in the virtualization market as hypervisor software functionality - key to virtualizing a server - rapidly moves to hardware. Server virtualization management technology in particular is designed to reduce Total Cost of Ownership (TCO), reduce associated availability risk, and improve quality of service.
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Notes and media contacts

About Paramount:

Founded in 1992, transformed in 1999 and re-invented in 2007, Paramount as a company is "Work in Progress". Paramount is the leading regional provider of Technology and services for securing the Information Assets of Enterprises. From the development of a Security Policy, Security Awareness Training, through to the delivery of complete end-to-end solutions that encompass Perimeter Security, Secure Content Management, Identity and Access Management, Vulnerability Assessment, Risk, Policy and Compliance Management. Paramount helps leading organizations in the Arabian Gulf Region, understand monitor and mitigate the risks in their IT infrastructure.

About VirtualizeIT:

VirtualizeIT is the premier EMEA consultancy practice dedicated to the advancement and adoption of virtualisation technologies within today's businesses, encompassing strategic solutions from the data centre to the desktop. Having been providing virtualisation solutions for more than 8 years, we have an unrivalled track record through our experience and services that cover all areas of virtualisation. This approach of combining virtualisation technologies into a coherent virtual infrastructure strategy is unique within the market place.

Media Contact:

Mr. Colin Saldanha
PR Consultant
OAK Consulting
Tel: +971506400762

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