 "IBM Signs IT Infrastructure Services Deal With Kotak")
IBM has signed a $5 million IT services agreement with Kotak Mahindra Bank (Kotak). IBM will design, build and maintain a highly scalable, energy-efficient green data centre as well as the converged IP network infrastructure for the client. The solution being implemented by IBM will also help Kotak save over $1.2 million in operational efficiency and reduced energy costs over the next five years.
This implementation will help Kotak move towards a shared technology infrastructure services model across all its businesses. Kotak Mahindra Bank and all the group companies, including Kotak Securities and Kotak Life Insurance, will benefit from this consolidated data centre and network infrastructure.
Vikram Sud, group COO, Kotak Mahindra, said, “In our aspiration towards building an integrated banking and financial services institution, we are rolling out several initiatives, which include a shared services utility model to leverage economies of scale and adopting more environmentally-friendly processes including the re-use of materials, waste recycling and using renewable energy sources.”
The 7,000 sq ft raised floor data centre being deployed for Kotak will be an energy-efficient one and will use a chilled water-based cooling and an automatic floor pressurisation system.
To bring greater value to its customers, Kotak has been relying on best-in-class technology solutions. They wanted to put in place a robust network infrastructure and consolidate distributed server rooms into one centralised data centre, which is green and can scale up to the growing needs of its group companies.
The solution designed by IBM offers 100 percent concurrent maintainability in its power and cooling design and an optimal uninterruptible power supply (UPS) configuration for energy efficiency. IBM will also be deploying a new-generation switching technology and an IP convergence solution for over 3,000 users.