IBM Helps Religare Go Green in a US$3.1 Million Agreement

Deploys three scalable modular data centers, reducing power costs by 30-35%

IBM is deploying three energy-efficient and green Scalable Modular Data Centers in a US$3.1 million IT infrastructure services agreement with Religare Enterprises Limited (REL), an integrated financial services groups of India.

IBM is designing, building and will be maintaining highly scalable, modular and energy-efficient green data centers in Delhi, Noida and Mumbai for REL. In addition, IBM will put in place the networking infrastructure and a disaster recovery solution for the company. The solution implemented by IBM will help REL reduce annual power costs by 30-35% and enable them to effectively meet technology requirements of the company's expanding business.

REL is a financial services provider and a player in the Indian equity and securities market. To increase its market share while handling the increasing volumes of trading, the company needed to put in place a highly scalable yet resilient data center infrastructure. At the same time, REL needed to ensure high operational cost-efficiency, given that power consumption is a major factor in any company's operational cost. IBM's SMDC design, which leverages high density computing and precision air-conditioning, ensures a saving of more than 3600 units (KWH) per day in power consumption alone as compared to an 8,000 sq ft conventional data center. In a year, this represents a saving of nearly US$250,000 (nearly Rs one crore).

"Religare is a financial services powerhouse and we have ambitious growth plans. We are confident that our partnership with IBM will provide us with a distinct competitive edge in the market," said Shachindra Nath, group chief oprating officer, Religare Enterprises Limited, in a press release. "IBM engaged with us from the very beginning to understand our critical business needs and design appropriate solutions. IBM's unmatched expertise to design and build a globally benchmarked, standardized, scalable and energy-efficient facility will certainly support our dynamic growth plans effectively," he added.