February 2009
IBM is deploying three energy-efficient and green Scalable Modular Data Centers (SMDCs) in a US$3.1 million IT infrastructure services agreement with Religare Enterprises Limited (REL), one of the leading integrated financial services groups of India.
IBM is designing, building and will be maintaining highly scalable, modular and energy-efficient green data centers in Delhi, Noida and Mumbai for REL.
In addition, IBM will put in place the networking infrastructure and a disaster recovery solution for the company.
The solution implemented by IBM will help REL reduce annual power costs by 30-35% and enable them to effectively meet technology requirements of the company's expanding business.
REL is a key financial services provider and a major player in the Indian equity and securities market.
To increase its market share while handling the increasing volumes of trading, the company needed to put in place a highly scalable yet resilient data center infrastructure.
At the same time, REL needed to ensure high operational cost-efficiency, given that 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 8,000sqft conventional data center.
In a year, this represents a saving of nearly US$250,000.
"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.
"IBM engaged with us from the very beginning to understand our critical business needs and design appropriate solutions. IBM's unmatched expertise to design and build a globally benchmarked, standardized, scalable and energy-efficient facility will certainly support our dynamic growth plans effectively."
To bring greater value to its customers, REL has been relying on best-in-class technology solutions.
The partnership with IBM will help REL further strengthen its position as one of the leading integrated financial services groups of India.
The data center solution deployed by IBM would support all of REL's current applications as well many others that are scheduled for future roll-out.
IBM continues to command a strong leadership in the data center space and has built over 300,000sqft raised floor of data center space in the country.
The company has already deployed green data centers for over a dozen clients in India.
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