Non-banking finance company (NBFC) 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.
The company 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.
A statement issued by IBM said its 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, the company said. 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 centre 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 and chief information officer at Fullerton India Credit Company.
"The enterprise-grade cloud can help clients—even in the most mission-critical situations such as disaster recovery-- gain more efficiencies in their business," said K S Raghunandan, director, integrated technology services, global technology services, IBM India/South Asia.
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