Fullerton India Adopts IBM Cloud to Ensure Uninterrupted Business Operations

Tue Mar 5, 2013 2:00pm EST

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Multi-year engagement taps IBM cloud-based disaster recovery service to build
enterprise resiliency while minimizing data loss
LAS VEGAS, March 5, 2013 /PRNewswire/ -- IBM (NYSE:  IBM) today announced that
Fullerton India Credit Company Limited, one of  India's leading non-banking
finance companies with more than 350 branches across  India, 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.

(Logo:   http://photos.prnewswire.com/prnh/20090416/IBMLOGO) 

Despite strong competition, IBM was chosen with an extensive cloud-based
disaster recovery solution.  

Fullerton India, which started commercial operations in 2007, offers a range of
financial services, including working capital and business loans for SMEs,
business loans to small and micro enterprises, home mortgage, two-wheeler and
commercial vehicle finance and personal loans, among others. The company
operates in 300 towns and cities and more than 12,500 villages across urban and
rural  India  and has nearly one million customers.  

Fullerton India runs its critical applications from a data center 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," saidAnoop Handa, Executive Vice President/CIO, Fullerton
India Credit Company. "IBM has offered a business resilience strategy to make
our infrastructure highly resilient in a cost effective way, reducing recovery
time, and seamlessly protecting our critical data at an alternate site."

IBM SmartCloud Virtualized Server Recovery service helps speed server recovery
time and increases reliability of server recovery by leveraging world class
automation and cloud tools. It minimizes the risk of failure due to the
installation of disparate hardware and provides remote server access tools to
help reduce cost and time as well as the inconvenience of travelling to the
recovery site.  

"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 KS Raghunandan, Director, Integrated Technology Services, Global Technology
Services, IBM India/South Asia. "By taking advantage of this cloud service,
Fullerton India will not only be able to reduce server recovery time but also
ensure high availability and increased operational efficiency, without the
typical capital investments required in a dedicated infrastructure for disaster
recovery."  

About Fullerton India Credit Company Limited:  For more information on Fullerton
India Credit Company Limited, please visit  http://www.fullertonindia.com

About IBM India:  
For more information on IBM India, please visit  http://www.ibm.com/in/en/

About IBM Cloud Computing
IBM has helped thousands of clients adopt cloud models and manages millions of
cloud based transactions every day. IBM assists clients in areas as diverse as
banking, communications, healthcare and government to build their own clouds or
securely tap into IBM cloud-based business and infrastructure services. IBM is
unique in bringing together key cloud technologies, deep process knowledge, a
broad portfolio of cloud solutions, and a network of global delivery centers.
For more information about cloud offerings from
IBM,visithttp://www.ibm.com/smartcloud. Follow us on Twitter at 
http://www.twitter.com/ibmcloud  and on our blog at 
http://www.thoughtsoncloud.com

Preeti Gupta
IBM India
+91 9901568510
preeti.gupta8@in.ibm.com

Shreya Jha
Fullerton India
+91 22 6749 1202
shreya.jha@fullertonindia.com

Nathan Strauss
IBM Media Relations  
+1 917 472 3382  
nathan.strauss@us.ibm.com

 

SOURCE  IBM

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