KUALA LUMPUR, SEPTEMBER 15 2010 -- Malaysian insurance firm Takaful Ikhlas has invested in IT infrastructure upgrades to help it meet business demands expected in the next three years, said the company.
Syariah-compliant [Islamic principles] firm Takaful Ikhlas chief executive officer Dato' Syed Moheeb Syed Kamarulzaman said that the company expected to boost productivity with an upgrade powered by IBM POWER7 systems.
"This RM800, 000 [US$257,566] investment via IBM channel distributor SL Information System, is part of the company's transition to a dynamic infrastructure to support the company's growth over the next 3 years," said Syed Moheeb.
In line with our tradition to keep raising the bar of expectations and performance, we are looking to exponential growth over the next few years," he said. "The management believes that the support from technology and good infrastructure will play a significant role to help us achieve this vision.
This upgrade [from IBM POWER5 Systems] to the IBM POWER7 Systems enables increased efficiency by four times (4x) in terms of performance and workload consolidation capacity; as well as makings better use of energy for saving costs and contributing towards a greener IT environment, said Syed Moheeb.
Takaful Ikhlas, which started operations in July 2003, is a subsidiary of MNRB Holdings Berhad, an investment holding company listed on the main board of Bursa Malaysia.
Fast-increasing storage requirements
Systems integrator SL Information System managing general manager, Jimmy Lim, said that Takaful Ikhlas also required upgraded software to support its business' fast-increasing storage requirements, as well as sufficient processing power within its production server.
To achieve maximum efficiency and cost effective, Takaful Ikhlas has reshuffled the usage of its existing equipments, whereby the current production server will now be used as a Data Retention (DR) server and the older DR server will be used as User Acceptance Testing (UAT) server, said Lim.
IBM Malaysia country Leader, general business, Sanjeev Magotra, said that IBM POWER7 systems are fully integrated systems designed to manage emerging applications, ranging from smart electrical grids to real-time analytics for financial markets.
The systems enable Takaful Ikhlas to manage current applications and services at less cost with technology breakthroughs in virtualisation, energy savings, more cost-efficient use of memory, and better price performance, said Magotra.
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