Turbotodd

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Archive for the ‘ibm cloud’ Category

Kenya’s Sidian Bank Will Use IBM Cloud, Cognitive to Accelerate Digital Transformation

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IBM has announced that Sidian Bank has turned to IBM Cloud and Cognitive solutions to fuel its digital transformation. This helps the bank provide its growing customer base of small and medium-sized businesses with faster access to existing services like debit and credit card processing, bank account opening, teller services and wealth management.

Sidian Bank, founded in 1984, was launched as a micro-finance bank before upgrading and becoming a commercial bank.

The bank needed a core banking system that would provide a competitive edge as it enhanced its services to better target the entrepreneur market segment. It was also looking to reduce unplanned system outages and to improve its core banking system performance.

Prior to engaging IBM, about 40 percent of a typical business day’s working hours at the bank was spent on problem isolation. Today, however, through infrastructure as a service and cognitive management, the system can learn from past incidents and resolve 56 percent of any difficulties with minimum human intervention.

This has enabled the bank realize 34 percent savings in capital expenses and a 60 percent improvement in transactional times across all ATMs and teller counters.

Also, the bank faced significant challenges with hardware capacity for memory, processing and storage which had a direct impact on applications availability. The core banking services ran on legacy hardware.

All applications were migrated to IBM infrastructure through a hybrid cloud model which is live and fully operational. Also, with the infrastructure managed services on IBM systems the availability, speed of access and expansion for applications has improved to 99 percent from an average of 84 percent on a given week.

“This is the first collaboration of its kind in this market. It not only cements our partnership with the IBM, but also creates new and unique partnerships that support our institution’s growth strategy and enhances the efficiency of our entire banking infrastructure.” said Titus Karanja, CEO, Sidian Bank.

With the IBM cognitive capabilities, the bank continues to drive fast response times to customer needs which are key to supporting its mostly small and medium-sized tier entrepreneurs. It additionally enables the bank to improve IT staff productivity by 30 percent, freeing its technology team to focus on their core business.

You can learn more about IBM Cloud solutions here.

Written by turbotodd

March 13, 2017 at 8:46 am

Shipbuilder Fincantieri Selects IBM Cloud to Meet Growing International Demand

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IBM today announced that Fincantieri, one of the world’s largest shipbuilding groups and number one by diversification and innovation is adopting a hybrid cloud solution from IBM to improve the efficiency of designing, building and deploying new vessels in response to the growing global demand for shipbuilding.

According to Cruise Lines International Association (CLIA), demand for cruising has increased 68 percent over the last 10 years, helping the global cruise industry generate revenues of 37.1 billion U.S. dollars in 2014 — a figure that is expected to grow to approximately $39.6 billion by the end of 2016.

Faced with rapidly growing international demand for cruise as well as naval vessels, Fincantieri needed a modern and global IT infrastructure to manage its new Integrated Ship Design and Manufacturing system, which manages the process of designing, fabricating and deploying ships. This capital-intensive and time-sensitive process also required rapid provisioning capabilities, high elasticity and security.

With more than 50 cloud data centers worldwide – including one in Milan – and expertise in managing enterprise cloud services, IBM will provide Fincantieri with a modern IT infrastructure to advance Fincantieri’s global growth goals.

Fincantieri selected IBM Cloud out of a crowded field of competitors to create a global hybrid cloud infrastructure. The hybrid infrastructure connects 13 Fincantieri private distributed data centers with the IBM Cloud data center in Milan.  The result is a hybrid cloud for high-availability, fault tolerance and secure enterprise service levels.

You can learn more about IBM Cloud solutions here.

Written by turbotodd

December 19, 2016 at 9:04 am

Posted in 2016, commerce, ibm cloud, italy, shipbuilding

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