Dynacons Systems & Solutions Limited has won a ₹280 crore project to enhance the IT infrastructure of Canara Bank. The initiative, spanning five years, aims to revolutionize the bank’s data center capabilities, ensuring seamless scalability and high performance.
The project includes the deployment of over 500 servers, advanced storage solutions, and cutting-edge IT software and hardware from industry leaders such as Dell Technologies, IBM WebSphere, Red Hat, and Microsoft. This upgrade aligns with Canara Bank’s digital transformation goals, enabling faster scalability, improved security, and optimized infrastructure across its extensive branch network in India and abroad.
Dynacons’ role extends beyond deployment, offering 24/7 support, a 99.90% uptime guarantee, and ongoing maintenance for five years. The partnership reaffirms Dynacons’ expertise in delivering mission-critical solutions to the BFSI sector.
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Mr. Shirish M. Anjaria, Chairman and Managing Director of Dynacons, emphasized the significance of this achievement, stating, “This milestone underscores our commitment to delivering state-of-the-art solutions for the banking and financial sector. It reflects our capability to drive large-scale transformations for leading institutions.”
Canara Bank, with over 9,658 branches and global offices, continues to prioritize IT modernization as part of its growth strategy. This deployment positions Dynacons as a trusted partner in the financial services industry while solidifying Canara Bank’s digital foundation for years to come.
