In the first deal of its kind across the Middle East banking IT sector, HP has been awarded a contract worth US$1.2 million by Central Bank of Egypt (CBE) to provide a ground-breaking data and disaster IT solution. The pioneering deployment of HP’s XP12000 Disk Array technology will make CBE the first bank in the region to upgrade seamlessly to a ‘no single point of failure’ IT system that enhances storage and delivers state-of-the-art reliability and data availability.
Commenting on the significance of the deal for HP’s Enterprise division, Ahmed Samy, Managing Director of HP Egypt said, “HP has created another first in the region’s banking sector and shown how forward-thinking customers like CBE are deploying an Adaptive Enterprise IT strategy that delivers against their current and future business needs. We are delighted to be implementing the HP XP12000 at the Central Bank of Egypt and help them achieve their goal of enhancing customer service and cost reduction without any disruption or downtime.
“We have established a solid relationship with CBE that is proving that HP’s solutions maximize returns, mitigate risks, improve performance and increase agility. The XP12000 is a dramatic leap forward in performance, connectivity and scale and offers the lowest cost for future-proof enterprise functionality – we are sure this will act as a catalyst for further IT investment across the regional banking sector,” concludes Samy.
Commenting on why HP was awarded the deal, Tarek Amer, Deputy Governor of the Central Bank of Egypt explained, “Together with HP we are pioneering customer service through IT innovation across the Middle East. HP was able to rise to our challenge and provided us with the most innovative solution to merge existing infrastructures with new equipment in order to create a state-of-the-art data centre and disaster recovery solution. “HP will implement a new data centre and a disaster recovery solution between the main and the backup centre which runs all the applications on HP Integrity platform. In addition, HP will ensure storage consolidation utilizing the HP XP12000 as well as implement a total automatic Disaster Recovery Solution for the bank between the main site and the disaster site all running on HP platforms. HP will also be converting from mainframe legacy system to open architecture using new technologies in order to give the customer the flexibility and ease of manageability.
The HP XP12000 quickly adapts to real-time business needs, creates more value by protecting confidential client data and also ensures uncompromised simplicity through consolidation and management efficiency.
About HP
HP is the largest technology and solutions provider in the Middle East with 670 employees and subsidiaries in Dubai, Abu Dhabi, Riyadh, Jeddah, Khobar, Cairo and Ramallah servicing the GCC, Egypt and the Levant. HP has been present in the Middle East since 1968, and opened its first regional office in 1994. HP Middle East is the market leader for Enterprise, Small and Medium Business and Consumer technology products, and offers a large portfolio of solutions and services in various business domains.
