May 10, 2013 (This Day/All Africa Global Media via COMTEX) -- IBM has said that 77 per cent of its enterprise servers is currently driving core banking applications among Nigerian banks.
Country General Manager, West Africa for IBM, Mr. Taiwo Otiti, dropped the hint during a two-day seminar on IBM PureSystems solution organised by the company in Lagos recently.
According to him, "From the last procurement we had, we will be 77 per cent in terms of the enterprise servers that run the banking systems in Nigeria . By the time we complete the most recent procurement, we will move up from 70 per cent to 77 per cent."
He explained that IBM enterprise servers have seamless interoperability alliances with all the core banking solutions that are currently driving banking applications across the globe and that IBM has good relationship with the solution providers of the core banking solutions.
He said the company would continue to drive the cashless initiative of the Central Bank of Nigeria (CBN) through its mobile banking solutions.
"We provide chips that are used to run mobile banking in Nigeria and most big banks in the country have long embraced our chips. Telecoms operators are currently using our solutions in running mobile banking, and we have software for mobile banking that supports switching transactions and data integration," Otiti said.
Speaking on the importance of the PureSystems seminar, Vice President, Systems and Technology Group at IBM, Mr. Manny Amorim, told THISDAY that the seminar was designed to intimate customers with latest solution from IBM and that the solution would help them manage their businesses better.
"We are in Nigeria to discuss IBM's PureSystems solution. We have been to South Africa and Kenya for the same purpose because we view these markets as unique to IBM, and we are making significant investments in these markets because of the opportunities we see in them.
"What we have done with our PureSystems solutions is all about consolidation that enables companies to run more applications in a single infrastructure, which addresses the challenges of power, space, cooling system, and the number of workforce. It reduces power consumption, space and total cost of ownership. The PureSystem solutions provide good savings and help to maximise total cost of ownership," Amorim said.
Listing the various categories of the PureSystems solutions, he said "we have the PureFlex, PureApplication and PureData. Customers do not need to buy all the solutions at the same time, but buy the solution that meets their immediate needs."
He called on Information Technology (IT) managers in various organisations to always look out for the solution that is easy to manage and to deploy, as well as a solution that would help to reduce cost of managing the big data business of their organisations.
"Today, technology is evolving and technology vendors are coming up with new solutions. IT managers should not be confused on what solution to adopt. The most important is for IT managers to look out for the solution that will best manage the company's business in terms of minimising cost of upgrade, and minimising cost of running the entire business," Amorim said, adding that IBM spends over $6 billion globally on research and development, in order to come up with new technologies that best meet the needs of small and large organisations.
Copyright This Day. Distributed by AllAfrica Global Media (allAfrica.com).
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