How Cloud Management Helped Indian Bank Handle a Merger
When two banks in India merged its offices, banking services and 400 applications, they had to do it while ensuring continuous availability of services for their customers.
The solution was VMware. The newly merged bank decided to implement a private cloud using VMware vCloud Suite. The migration was completed with no downtime in just three months.
Read how the new Indian Bank handled the move in this customer story.
What challenges did Indian Bank face during the merger?
The merger presented significant challenges for Indian Bank, particularly in ensuring continuous service availability while consolidating over 400 applications from both banks. With 30 to 35 different technologies in use, the complexity of merging these systems was considerable, as noted by Deepak Sarda, CTO of Indian Bank.
How did VMware solutions facilitate the merger?
Indian Bank implemented VMware vCloud Suite to create a private cloud, which simplified the consolidation of their data centers from six to three. This transition was completed in just three months without any downtime, allowing for a smooth integration of services and applications from both banks.
What are the financial benefits of the merger?
The merger and subsequent consolidation have led to significant cost savings for Indian Bank, estimated at approximately 7 crores (USD $1M) per year. Additionally, the bank has achieved further savings of around 35 to 40 crores (USD $5.2M) annually by optimizing infrastructure and reducing the number of data centers.