Global IT consulting firm, IBM, has bagged a deal from the Andhra Pradesh Grameena Vikas Bank (APGVB) to enhance the rural bank’s information infrastructure across 530 branches.
APGVB, sponsored by the State Bank of India, will use IBM’s hardware platform to run its mission critical core banking application for data protection at all hours, the company said in a press release.
“IBM is happy to engage with AP Grameen Vikas Bank in their vision of transforming lives of rural citizens in the country. We will continue to support their endeavours and enable their ongoing operations and future expansion programs,” IBM India/ South Asia, Vice President, General Business, Systems and Technology Group, Ajay Mittal, said.
“With this win, IBM has once again proved to be the preferred vendor for mid-sized organizations who are focused on cost efficiency without compromising on performance,” Mittal added.
SS Computer Shoppe, IBM’s business partner, created a flexible solution for the regional rural bank that ensures enhanced performance and better availability than competitive servers.
The IBM solution helps simplify the client’s environment without sacrificing performance or availability and improves service time to APGVB customers.
Besides, the solution ensures server reliability to facilitate transaction time for business operations during peak trading hours, the release said.
Designed as an entry server for network infrastructure applications this server will ensure enhanced performance, better availability and flexibility than that of competitive servers.
IBM is aggressively increasing its focus on the small and medium businesses (SMBs) in India including those based in smaller cities.
The company has announced a set of offerings targeted at SMB clients in Tier—2 and Tier—3 cities and has tied up with new partners to bring the entire range of its hardware, software and services capabilities to the small and mid-sized clients in India.
