SimpliZCloud is a fully managed cloud service specifically designed to support critical workloads in the financial services sector. It offers a secure, scalable, and integrated architecture that delivers dedicated compute and storage resources, powered by Software Defined Networking (SDN).
It aims to optimize infrastructure investments and ongoing costs by consolidating resources and reducing enterprise software license costs. This service is particularly beneficial for financial institutions looking to leverage AI and hybrid cloud technologies to manage their evolving applications and workloads.
SimpliZCloud is designed to scale according to the needs of financial institutions, allowing them to handle increasing workloads without compromising performance.
By consolidating resources and reducing enterprise software license costs, SimpliZCloud helps financial institutions optimize their infrastructure investments and ongoing costs.
The service leverages AI and hybrid cloud technologies to manage evolving applications and workloads, enhancing the digital transformation journey of financial institutions.
This partnership represents a significant step towards enhancing the digital transformation journey of financial institutions in India.
“With SimpliZCloud, enterprises, especially financial institutions now have the power to make a generational shift in their cloud transformation journey. Critical business applications, especially those infused with AI and ML will now have the infrastructure to support performance far ahead of the traditional x86 architectures all in a fully managed, as-a-service model. This launch represents our continued commitment to supporting our clients’ ambitions for innovation and digital transformation,” said Avinash Joshi, Chief Executive Officer, India, NTT DATA, Inc. “I’m proud of the work our teams at NTT DATA and IBM have done in bringing this service to our clients and look forward to the transformative outcomes of this collaboration.”
“Over the years, with the IBM LinuxONE platform, IBM has delivered much-needed security, scalability, reliability and performance to help India’s leading financial institutions manage their mission-critical workloads safely and sustainably. By bringing SimpliZCloud to modern enterprises, we are continuing our commitment to help them adopt a hybrid-by-design approach. With SimpliZCloud, financial institutions can leverage a highly secure, high-performance platform and robust infrastructure to harness the benefits of AI and hybrid cloud to manage their evolving applications and workloads,” said Viswanath Ramaswamy, Vice President, Technology, IBM India & South Asia.
NTT DATA and IBM have a history of collaborating on various innovative projects. In January 2024, NTT DATA Business Solutions and IBM established a Center of Excellence (CoE) for the IBM watsonx generative AI platform. This CoE focuses on developing embedded generative AI solutions using IBM’s watsonx AI and data platform.
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