Dynacons Systems & Solutions Secures ₹108.88 Crore Private Cloud Project from Punjab & Sind Bank
Dynacons Systems & Solutions has secured a ₹108.88 Crore project from Punjab & Sind Bank for implementing and managing an On-Premises Private Cloud Infrastructure for five years. This project reinforces Dynacons' leadership in enterprise-grade cloud infrastructure.
The order value of ₹108.88 Crores is substantial and will contribute to the company's revenue over five years, indicating a medium-term positive impact.
The company has secured a significant new order, which is a positive development for its 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.
Under the agreement, Dynacons will be responsible for the design, supply, implementation, and ongoing management of the IT infrastructure, system software, and cloud services required for the Bank's applications, including Data Center and Disaster Recovery environments. The solution aims to provide a scalable, secure Private Cloud platform with automated resource management capabilities.
The scope of work includes various technological components such as server virtualization, compute servers, SAN switches, object storage, private cloud management, network monitoring, software-defined networking and firewall, advanced threat prevention, zero-trust security, backup and recovery solutions, and on-site manpower support. The project also involves upgrading existing infrastructure and migrating servers to the new Private Cloud platform.
Mr. Dharmesh Anjaria, Executive Director at Dynacons Systems & Solutions Ltd., expressed confidence in the company's Private Cloud strategy and execution capabilities, highlighting the trust placed by leading institutions in Dynacons' ability to deliver secure and resilient IT infrastructure.
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See the model portfoliosA plain-language summary of a public exchange filing by Dynacons Systems & Solutions Limited. Read the original for the full detail.