NetApp Secures Storage Solutions Deal From ING Vysya
In India
This is a Press Release edited by StorageNewsletter.com on June 30, 2014 at 2:45 pmNetApp, Inc. has entered into a deal with ING Vysya Bank for building an ecosystem through FAS storage system across all its branches in India.
Financial details of the deal were not revealed.
“ING Vysya has selected our FAS storage system to deliver the necessary throughput, capacity and connectivity to enable it to not just meet the demands of evolving market conditions but build an effective ecosystem of financial services, across 553 branches,” said Net App India director (systems engineering) Santhosh D’Souza. “With the NetApp FAS storage system, ING Vysya can deliver online and mobile banking services to over 2,000,000 customers across the country.“
The bank has initiated an integral plan to build a technology environment to support business growth for the next seven years without capacity issues.
“With NetApp’s FAS storage series, we can leverage our core banking system (CBS) to provide innovative products to customers while improving performance by 60% immediately,” ING Vysya Bank CIO Aniruddha Paul said. “It also reduced the bank’s batch processing time by 100%, improving business agility, system uptime, resulting in greater customer satisfaction.“
The FAS storage system optimises memory and I/O bandwidth to provide superior performance while providing the network connectivity and capacity scaling needed to meet growing and changing data centre requirements.
NetApp started operations in India in 2000 and set up its largest global R&D facility at Bangalore, which now employees about 1,900 engineers, working on its core products and technologies. The firm has offices in 7 cities including the metros and has over 1,000 customers and more than 6,000 installed systems.
In the 2013-14 fiscal, it acquired more than 90 new customers.