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Dimension Data to digitalize Kerala State Financial Enterprises (KSFE), India’s biggest public sector non-banking financial institution. The latest announcement will project to improve the company’s operations and support its digital transformation through cloud and managed network services.
The company had been using traditional Business Application Systems (BAS) applications that resided in each of its branches, which meant they had little interaction with KSFE’s central system.
This posed difficulties for the company to predict business challenges or quickly respond to changes in the market.
The latest deployment of a new Core Application Software for Business Accounting (CASBA) will enable centralizing its systems and improve business operations.
The public financial body aims to grow at 25 per cent YoY. It also planned to build a new data centre that would support the CASBA application and lay the foundation for its digital transformation journey and further expansion.
KSFE is a USD $3.7 billion public sector non-banking financial company based in Thrissur, Kerala. Established by the Government of Kerala, it has 508 branches spread across the Indian state.
“Dimension Data’s autonomics based MSEN platform has enabled KSFE to accelerate its digital transformation journey by increasing efficiencies and eliminating the costs pressures in the long run. Our team is now free to focus on strategic business initiatives to improve and grow the business in rapidly changing markets. Dimension Data is truly our trusted advisor and has helped us get the most out of our existing IT investment while transforming our services to a next-generation platform. This transformation has helped us reduce risk of failure and service degradation by end-to-end service accountability,” said Sanil, S.K – DGM (P&HR) at KSFE Ltd.
KSFE turned to Dimension Data for advice on the best approach for its data centre build. After an assessment of KSFE’s requirements, Dimension Data recommended an enterprise grade cloud coupled with a Managed Services Automation Platform which will help it to save on the costs that a data centre build would demand.
With the cloud migration underway, Dimension Data’s proposed improved network model, supported by its Managed Services for Enterprise Networks (MSEN) would help KSFE to enjoy higher efficiencies and further savings while increasing connectivity between its branches.
With a centralized system in place, KSFE now has a complete view of the health of its systems and is on track to achieve 25 per cent year-on-year growth.
“Our work with KSFE demonstrates the importance we place in engaging with our clients to fully understand their business. With that, we can help our clients manage their digital infrastructure and accurately steer their transformation. KSFE now has in place a ubiquitous, agile, secure, intelligent and scalable network that would enable innovation inherent to a digital enterprise to pursue its growth plans,” said Jayant Gundewar, Director- Managed Services at Dimension Data India.
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