Panacea launches commercial cloud and ICT service

Panacea Systems, an end to end ICT solutions consultant and provider, has launched commercial cloud and complete ICT service for the first time in Bangladesh.
In a recent study, it has been found that in Bangladesh, data centre services are comparatively cheaper than the global markets and the integration of cloud can reduce this cost further.
The company aims to bring the following products in the local market during the first phase:
Infrastructure as a Service (IaaS) – Gaia, Panacea’s Infrastructure as a Service (IaaS), delivers a range of security oriented, cost-effective cloud services.
Software as a Service (SaaS) – Neer, Panacea’s Software as a Service (SaaS), is the model in which an application is hosted as a service to customers who access it via the internet. When the software is hosted off-site, the customer doesn’t have to maintain it or support it. The provider does all the patching and upgrades as well as keeping the infrastructure running.
With Panacea’s end to end solutions consultancy and reference architectures, a organisation can understand the benefits of cloud computing, increase IT infrastructure, gain flexibility and have more choices on how to take business to new heights and get all of that with minimum capital expenditures and hassle.
It also provides Device Solution, a custom solution that offers energy efficiency, expert service and create true business value minimising cost.
Panacea Systems Ltd aspires to become not only a local leading Cloud service provider but also to offer its economic services to the rest of the world.

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Anika Devi received her Bachelor’s degree in Media, Culture and Communication from New York University in 2012. She began freelancing for Business Solutions BD in 2010 and joined the team as a staff writer three years later. She currently serves as the assistant editor.
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