BMI signs strategic deal with US firm
Manama, March 5, 2013
Bahrain retail bank BMI has signed a key agreement with EMC Corporation, aimed at helping it to transform its IT infrastructure and thus improve storage performance, simplify system management and reduce operational expenditure.
US-based EMC is a multinational corporation that offers data storage, information security, virtualisation, and cloud computing products and services.
The agreement was signed by the bank's general manager for support services Eyad Sater and EMC regional general manager for Gulf and Pakistan Habib Mahakian, in the presence of senior officials from both sides at the bank's headquarters at the Bahrain World Trade Centre, reported the Gulf Daily News, our sister publication..
BMI said it expects to improve storage performance, simplify system management and reduce operational expenditure using EMC's technology solutions.
"We believe it is imperative to constantly review our IT strategy and bank-wide service levels to enable us to better serve our customers," Mr Sater said.
"As part of this process, we are pleased to leverage technologies from a company like EMC. We expect that our new EMC technologies will help us achieve better levels of performance, data protection and compliance, as well as simplify the management of our infrastructure," he said.
EMC sales district manager Wael Mustafa said, "With EMC VNX unified storage, Data Domain and SourceOne we hope to enable BMI Bank to achieve increased system performance, cost-savings and the flexibility to support anticipated growth."-TradeArabia News Service