KIB receives Microsoft recognition
Kuwait City, September 11, 2012
Kuwait International Bank (KIB) has been recognised by Microsoft as the first Islamic Bank to implement the private cloud model at its premises in Kuwait.
The Microsoft Private Cloud is new model for IT delivery which turns a datacenter’s infrastructure resources into a single compute “cloud” and enables the key benefits of cloud computing.
Essentially, KIB will operate all its IT services from a virtual environment hence guaranteeing fast delivery of solutions and cutting costs of IT hardware and expenses, a statement from the bank said.
The new dynamic model will provide uninterrupted availability to critical financial applications and is capable of hosting heavy applications that weren’t supported by previous models.
Lamya Altabtebai, deputy general manager of corporate support and head of IT, KIB, said: “The deployment of private cloud at KIB premises will result in numerous benefits and advantages for the business and customers.”
“Private Cloud will reduce costs and speed of the delivery of IT services. With the new technology our employees will be able to serve our clients and the business more efficiently and effectively in a confidential and secure approach.”
Mohammad Hassan Darwish KIB’s account manager, said: “We are proud to recognise Kuwait International Bank for their outstanding commitments to provide innovative solutions in solving the unique needs of their customers.”
“IT organisations that use System Center 2012 and Windows Server with Hyper-V for cloud computing are helping their companies move faster, save money and compete better.” – TradeArabia News Service
More Finance & Capital Market Stories
- Experts put spotlight on Mena tax issues
- BMI, Muharraq SC launch co-branded credit card
- NBAD partners with top business school
- Dubai non-oil trade surges 10pc to $272bn
- Iran president targets stagflation in first budget
- DFM accredits 2 firms for margin trading
- Kuwait inflation plunges to nine-year low
- DFM trading hit by technical fault
- GCC firms seek Egypt investment guarantee
- Qatar c.bank plans $1.1bn in bonds, sukuk