Archived Content
The following content is from an older version of this website, and may not display correctly.Indian finance firm Religare Enterprises (REL) is deploying three IBM Scalable Modular Data Centers (SMDCs) in a US$3.1 million deal.
IBM will build and maintain the data centers, includging the network infastructure in Delhi, Noida and Mumbai for REL.
The solution will help REL reduce annual power costs by 30-35%, the company said. Power consumption is a major factor in any company's operational cost.
IBM's SMDC design, which leverages high density computing and precision air-conditioning, ensures a saving of more than 3600 units (KWH) per day in power consumption alone as compared to an 8,000 sq ft conventional data center. In a year, this represents a saving of nearly US$250,000 (nearly Rs one crore).
"Religare is a financial services powerhouse and we have ambitious growth plans. We are confident that our partnership with IBM will provide us with a distinct competitive edge in the market,"said Shachindra Nath, Group Chief Operating Officer, Religare Enterprises Limited.
Nipun Mehrotra, Vice President &General Manager, Global Technology Services, IBM India/S Asia, said, "In these economically difficult times, companies across the board want solutions that can help them achieve greater operational efficiency and save costs. Religare's choice of IBM as its preferred IT infrastructure services partner re-affirms our undisputed leadership in the green data center space and commitment to help clients 'Do more with Less.'IBM's consultative approach helped Religare with the process of design finalization &product selection, and ensured the final solution was miles ahead of those offered by the other large competitors in India."
REL is a financial services provider in the Indian equity and securities market.
IBM has built over 300,000 sq ft raised floor of data center space in India
IBM will build and maintain the data centers, includging the network infastructure in Delhi, Noida and Mumbai for REL.
The solution will help REL reduce annual power costs by 30-35%, the company said. Power consumption is a major factor in any company's operational cost.
IBM's SMDC design, which leverages high density computing and precision air-conditioning, ensures a saving of more than 3600 units (KWH) per day in power consumption alone as compared to an 8,000 sq ft conventional data center. In a year, this represents a saving of nearly US$250,000 (nearly Rs one crore).
"Religare is a financial services powerhouse and we have ambitious growth plans. We are confident that our partnership with IBM will provide us with a distinct competitive edge in the market,"said Shachindra Nath, Group Chief Operating Officer, Religare Enterprises Limited.
Nipun Mehrotra, Vice President &General Manager, Global Technology Services, IBM India/S Asia, said, "In these economically difficult times, companies across the board want solutions that can help them achieve greater operational efficiency and save costs. Religare's choice of IBM as its preferred IT infrastructure services partner re-affirms our undisputed leadership in the green data center space and commitment to help clients 'Do more with Less.'IBM's consultative approach helped Religare with the process of design finalization &product selection, and ensured the final solution was miles ahead of those offered by the other large competitors in India."
REL is a financial services provider in the Indian equity and securities market.
IBM has built over 300,000 sq ft raised floor of data center space in India