Dynacons Secures ₹108.88 Crore Private Cloud Project from Punjab & Sind Bank
Dynacons Systems & Solutions Ltd. has secured a project worth ₹108.88 Crores from Punjab & Sind Bank for implementing and managing on-premises private cloud infrastructure. The project duration is five years. This win reinforces Dynacons' capabilities in delivering enterprise-grade cloud solutions for large institutions.
The value of the contract (₹108.88 Crores) is substantial for the company and represents a significant new business win, impacting revenue and market position.
The announcement details securing a significant new project worth over ₹100 Crores, which is a positive development for the company's business.
Dynacons Systems & Solutions Limited has announced securing a significant project from Punjab & Sind Bank for the Implementation and Management of On-Premises Private Cloud Infrastructure. The project is valued at ₹108.88 Crores and will span a period of five years.
This contract involves Dynacons overseeing the design, supply, implementation, and ongoing management of the IT infrastructure, system software, and cloud services required for the bank's applications. The solution aims to provide a scalable and secure Private Cloud platform with automated capabilities and centralized management, enhancing agility and operational efficiency. The scope includes various technologies from leading OEMs like Dell, VMware, Red Hat, and Microsoft, covering virtualization, compute servers, storage, networking, security, backup, and migration services.
Mr. Dharmesh Anjaria, Executive Director, Dynacons Systems & Solutions Ltd., stated that this achievement validates the company's Private Cloud strategy and execution capabilities, reflecting the trust institutions place in Dynacons for delivering secure and resilient IT infrastructure.
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