In a gracious opening technology presentation, Mandar Lokegaonkar, the Founder & CEO of Piscis Networks, extended a hearty welcome to all distinguished delegates to the Elets 14th NBFC 100 Tech Summit. With evident delight, he acknowledged the convergence of industry leaders at this significant gathering, highlighting Piscis Networks’ privileged role as the event’s powered-by partner.
Demonstrating a keen foresight, Lokegaonkar articulated a broader mission for his company, one that transcends the confines of the event and aspires to be a driving force in the empowerment of the NBFC segment. He underscored the unique value brought by Piscis Networks, with its technology and networking prowess cultivated indigenously within the Indian landscape. This visionary perspective unveiled by Mandar Lokegaonkar sets a promising tone for the event and propels the industry toward a new era of technological and networking innovation.
The Need for SD-WAN
SD-WAN, a term familiar to those in the IT segment, is gradually becoming a significant part of the network business. He believes that SD-WAN is the future for NBFC Last Mile network connectivity. The NBFCs have done a commendable job serving the underserved and underbanked, including remote locations that often lack robust network connectivity. He further explores how NBFC networks will evolve and what the future holds for their connectivity.
Current NBFC Network Scenario:
Their exclusive market research indicates that:
- 78 per cent of all the Last Mile Network connectivity for NBFCs relies on single link connectivity.
- 86 per cent depends on a single service provider.
- 97 per cent rely on open internet connectivity, which isn’t private or secure.
These statistics highlight the challenges NBFCs face, such as:
- Serving remote locations with limited network feasibility.
- Frequent network downtimes, especially in remote areas.
- Prolonged outages due to issues like fiber cuts.
- Insecure connectivity and lack of real-time visibility into network performance.
- Absence of Service Level Agreements (SLAs) on broadband links.
Piscis Networks’ Solution
To address these challenges, many NBFCs explored Western SD-WAN solutions. However, these solutions often didn’t cater to the unique requirements of the Indian market. At Piscis Networks, they have developed an SD-WAN solution tailored for India, by India. Their solution offers:
- Hardware Innovation: A compact, costeffective device that functions as a router, switch, firewall, VPN, WiFi, and has built-in LTE (with upcoming 5G support). l
- Software Innovation: A controller software that offers real-time monitoring, proactive alerts, real SLA reports, data insights, centralised configurations, and power outage information.
- Service Innovation: Partnerships with over 1500 ISPs across India, ensuring connectivity even in the remotest locations. The state-ofthe-art Network Operations Center offers 24/7 support.
Why Choose Piscis Networks?
- Best ROI: The solutions are cost-effective, often 10 per cent of the cost of Western SDWAN solutions.
- Tailored for India: The solutions are designed keeping the Indian market in mind.
- Vast Network: With partnerships across 1500+ small and large ISPs, ensuring vast network connectivity everywhere.
- Guaranteed Uptime: They offer a 99.99 per cent SLA guarantee.
- End-to-End Security: The solutions come with military-grade security encryptions.
- Backed by Tata: Their values and commitment to excellence are reinforced by our partnership with Tata.
Conclusion:
In the ever-evolving landscape of NBFC network connectivity, Piscis Networks emerges as a guiding light, illuminating the path to progress. With a resolute commitment to innovation and a relentless pursuit of excellence, Founder & CEO Mandar Lokegaonkar’s vision has bestowed upon us an India-centric SD-WAN solution that transcends limitations and envisions boundless connectivity.
