IBM announced on Monday has signed a $3.1 million IT infrastructure services agreement with Indian financial services firm Religare Enterprises (www.religare.in) to build three energy-efficient and green scalable modular data centers.
The IT giant is designing, building and will be maintaining highly scalable, modular and energy-efficient green data centers in Delhi, Noida and Mumbai for REL.
Additionally, IBM will deploy 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 to 35 percent and enable them to effectively meet technology requirements of the company's expanding business.
REL provides financial services in the Indian equity and securities market.
In an effort to increase its market share while handling the increasing volumes of trading, REL decided to implement a highly scalable yet resilient data center infrastructure.
The company also wanted to ensure high operational cost-efficiency to keep operational costs down.
IBM's SMDC design uses high density computing and precision air-conditioning to ensure an energy savings of more than 3600KWH per day as compared to an 8,000 square foot conventional data center.
This amounts to a saving of nearly $250,000 a year.
"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,'" says Nipun Mehrotra, vice president and general manager of global technology services for IBM India/South Asia. "IBM's consultative approach helped Religare with the process of design finalization and product selection, and ensured the final solution was miles ahead of those offered by the other large competitors in India."
According to the press release, the partnership with IBM will help REL "further strengthen its position as one of the leading integrated financial services groups of India."
IBM's data center solution will support all of REL's current applications and many others that are scheduled for future roll-out.
The company has built over 300,000 square feet of raised floor of data center space in India, as well as deployed green data centers for over a dozen customers.
Last July, IBM launched the second phase of Project Big Green 2.0 in India, where the company specifically targets large corporate customers in India and introduces new products and services, which focus on energy efficiency.
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