IBM Scoops Cloud Deals With 6 African Banks, Seeks More Deals
IBM Scoops Cloud Deals With 6 African Banks, Seeks More Deals
International Business Machines Corp (NYSE:IBM) won hybrid cloud deals with six African banks. IBM is working with Nedbank, Ecobank, Attijariwafa Bank, United Bank for Africa, Co-operative Bank of Kenya, and Mozambique’s Banco Mais.
Banco Mais has been able to reduce turnaround time for loans by 60% using cloud technologies.
Now the African banking clients can store their information, with some held in private cloud and other data stored in public clouds, Bloomberg reports.
The pandemic triggered a greater need for banks to transform with fewer retail outlets locations and more digital and mobile banking on the continent, IBM Cloud VP Hillery Hunter said.
The report adds that IBM is looking to partner with more banks and institutions on the continent as only about 25% of workloads have been modernized to cloud patterns.
African lenders have to contend with a budding mobile-banking industry enabling the simplest of phones to transfer cash. Mobile network operators, including MTN Group Ltd, Vodacom Group Ltd (OTC:VDMCY), also offer digital banking services.
The dynamic has seen a surge in IBM’s hybrid cloud deal activity on the continent.
Price Action: IBM shares traded higher by 1.26% at $134.65 on the last check Wednesday.
IBM Corp纽约证券交易所代码：IBM) 赢得混合云交易与六家非洲银行合作。IBM正在与Nedbank、Ecobank、Attijariwafa Bank、非洲联合银行、肯尼亚合作银行和莫桑比克的Banco Mais合作。
使用云技术，Banco Mais已经能够将贷款周转时间缩短60%。
现在，非洲银行客户可以存储他们的信息，其中一些存储在私有云中，其他数据存储在公共云中，彭博社报道.
IBM Cloud副总裁希勒里·亨特(Hillery Hunter)表示，疫情引发了银行转型的更大需求，非洲大陆的零售网点减少，数字和移动银行业务增加。
报告补充说，IBM正在寻求与非洲大陆更多的银行和机构合作，因为只有大约25%的工作负载已经现代化到云模式。
非洲的贷款方必须与新兴的移动银行产业抗衡，使最简单的手机都能转账。移动网络运营商，包括MTN集团有限公司, 沃达康集团有限公司(场外交易：VDMCY)，还提供数字银行服务。
在这种情况下，IBM在非洲大陆的混合云交易活动激增。
价格行动：在周三的最后一次检查中，ibm股价上涨1.26%，至134.65美元。
译文内容由第三方软件翻译。