NetApp secures storage solutions deal from ING Vysya
New Delhi: Data storage solutions firm NetApp has entered into a deal with ING Vysya Bank for building an effective ecosystem through FAS storage system across all its branches in India.
"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," Net App India Director Director (Systems Engineering) Santhosh D'Souza.
The bank has initiated an integral plan to build a world-class technology environment to support business growth for the next seven years without capacity issues.
With the NetApp FAS storage system, ING Vysya can deliver online and mobile banking services to over 2,000,000 customers across the country, he added.
Financial details of the deal were nor revealed.
"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 per cent immediately," ING Vysya Bank Chief Information officer Aniruddha Paul said.
It also reduced the bank's batch processing time by 100 per cent, significantly improving business agility, system uptime, resulting in greater customer satisfaction, he added.
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 6000 installed systems. In the 2013-14 fiscal, it acquired more than 90 new customers. According to IDC, in the global open networked disk storage market, EMC was the leader with 31.5 per cent share, followed by NetApp at 17.3 per cent, HP (8.9 percent), IBM (8.6 percent) and Hitachi (8.3 percent) in Q1 2014.
In the total worldwide disk storage systems market, EMC again took the top position at 22.4 per cent market share followed by HP (15.1 percent), Dell (11.9 percent), Net App (11.7 percent) and IBM (10.1 per ent) in the January-March quarter this year.---- PTI