IBM has announced that Fullerton India Credit Company Limited has selected IBM SmartCloud Virtualized Server Recovery, a cloud-based disaster recovery service to ensure business continuity and operational resiliency for its clients’ critical financial transactions.
Despite strong competition, IBM won this engagement, as it was a competitive offering which was able to provide an extensive cloud-based disaster recovery solution.
Fullerton India runs its critical applications from a data centre in Navi Mumbai. In the highly competitive financial market, the company’s business critically depends on its ability to process a large number of financial transactions continuously at the lowest cost possible. Any unplanned downtime means disruption in business operations resulting in significant financial losses, and more importantly, damage to brand reputation and customer satisfaction.
IBM SmartCloud Virtualized Server Recovery helps enterprises build cloud-based business resilience and meet their business demands at a lower cost. The IBM solution will enable Fullerton India to quickly and affordably recover data and infrastructure during times of disruption. It will also ensure that the company seamlessly continues its business operations, without any disruption to client service. The disaster recovery solution will be hosted in an IBM managed data center in Bangalore. IBM will also perform 24/7 monitoring and management of the hosted infrastructure.
“Disaster preparedness and recovery is imperative in today's world. The implication of any business ‘interruption’ is costly and significantly impacts customer service,” said Anoop Handa, Executive Vice President/CIO, Fullerton India Credit Company
