After acquiring the US and UK Patent, ESDS expands its intellectual property portfolio with the India patent
Monday, May30th, 2022, India: ESDS Software Solution Limited, an Indian Cloud Service Provider, has added another golden feather to its cap as it was granted the patent for an invention entitled – Method and System for Real-Time Detection of Resource Requirement and Automatic Adjustments. The patent is granted for the novelty of ESDS’s approach toward Vertical Auto-scalability in Cloud Computing. The company received the India patent on 26th May 2022 for the term of 20 years from the 16th day of August 2011 following the provisions of the Patents Act, 1970 for this novelty. The inventors of this patent are Mr. Piyush Somani and Mr. Rushikesh Jadhav. Formerly, ESDS’s patent for eNlight cloud suite, which is an in-house developed vertically auto scalable cloud technology, was acquired from the USA (US9176788B2 in 2015), as well as the UK (GB2493812B in 2017).
Traditionally horizontal scaling has been used by cloud service providers which had its limitations, especially the software license costs were duplicating every time the scaling happened. The approach proposed by ESDS is to introduce vertical auto-scaling in which the resources of a virtual machine in the cloud are adjusted in real-time. They are adjusted in response to the demand predicted by the machine learning algorithm based on historical resource data of that virtual machine. This removes the limitations of horizontal scaling and saves a lot on licensing costs.
“This is a fantastic news. It’s a historical achievement for ESDS – an Indian Cloud Service Provider company that developed an indigenous Cloud for India. The patented technology is beneficial for traditional 3 tier and modern micro-services workloads, equally. It is my pleasure to thank our Government, our distinguished customers, our partners, and our dedicated teams at ESDS for trusting it. We at ESDS ensures continuous innovation in cloud computing” says Rushikesh Jadhav, Chief Technology Officer, ESDS Software Solution Limited.
The Chairman and Managing Director at ESDS Software Solution Limited shared, “I am elated to share this news with everyone. We at ESDS were eagerly anticipating this patent. We have achieved the most sought-after technology in Cloud for real-time adjustment of computing resources in a Virtual Machine or a container environment. Built in-house, with our talented R&D team at ESDS, this is an AI and ML-based technology that is the future of the Cloud. One will be able to make use of Cloud resources three times more with this technology, meaning you will have to pay less and Cloud won’t hurt your budget. It is indeed a breakthrough innovation using AI & ML. Having brought future Cloud technology to India is an honour for me and my team.”
This patent reassures the technology strength of ESDS in transforming the Cloud Computing landscape in India and globally.
Disclaimer: ESDS Software Solution Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, an initial public offering of its equity shares (the “Equity Shares”) and has filed a draft red herring prospectus dated September 2, 2021 (the “DRHP”) with the Securities and Exchange Board of India (“SEBI”), BSE Limited and the National Stock Exchange of India Limited. The DRHP is available on the website of SEBI at www.sebi.gov.in, the website of the BSE Limited at www.bseindia.com and the website of the National Stock Exchange of India Limited at www.nseindia.com and the website of the Lead Managers, Axis Capital Limited and IIFL Securities Limited, at www.axiscapital.co.in and www.iiflcap.com, respectively. Any potential investor should note that investment in Equity Shares involves a high degree of risk. For details, potential investors should refer to the red herring prospectus of the Company, including the section titled “Risk Factors”.
