CBA in US$800,000 cloud computing deal with HP

The Commercial Bank of Africa (CBA) has today signed a converged infrastructure project solution deal with technology company HP, valued at KSh65 million (US$800,000) that will see the bank increase its storage capacity by 50 Terabytes.

Following the agreement, HP 3PAR Storage System will be deployed across all CBA operations in the East African region, enabling the bank to optimise its storage space.

Jeremy Ngunze, CEO CBA Kenya, said: “The system is offering a highly efficient solution to storage system performance as it enables CBA comply with regulatory demands for long term retention of data without impacting the service performance.”

Charles Kuria, MD HP East Africa, said more and more companies are asking that the IT infrastructure implemented in their data centres balances both efficiency and the need for long-term environmental sustainability.

“The HP 3 PAR servers are designed to address these expectations,” he said.

The HP 3PAR system consolidates thousands of virtual machines on a single storage system thereby allowing users to meet their business needs with at least 50 percent less capacity guaranteed. With this system, CBA will now reduce administration time by up to 90 percent while allowing it to set up and grow storage 41 per cent times faster.

“Our data center will now be simpler, more secure, more flexible, more efficient and less expensive to operate; thanks to a consolidated system that is a convergence of server, storage and networking – a management tool that has integrated security in its operations,” Ngunze said.

CBA is just one of the banks operating within the East African region that has embraced cloud computing. Analysts believe that with this type of storage becoming more and more prevalent in Africa, more institutions are set to integrate it into their operations.

Posted in: Internet

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