SINGAPORE, 12 October 2020 — IBM (NYSE: IBM) today announced that DBS has adopted IBM z15, building on the long-standing relationship between both companies.
IBM z15’s smaller and more energy efficient form factor is designed to help companies accelerate their digital transformation efforts in a hyper-secure, cloud-ready, scalable and agile platform with minimal disruption to critical banking services.
Jimmy Ng, Group Chief Information Officer and Head of Technology & Operations, DBS said: “IBM has been a long-standing partner of DBS as we evolved our technology infrastructure to better serve our customers. We are pleased to continue this relationship as we now leverage the speed, compute power and efficiency promised by IBM z15 to meet our growing technology needs resulting from the rapid acceleration in digital adoption among consumers amid COVID-19.”
IBM z15 is designed to dynamically handle ever growing customer needs and is intended to enable DBS to modernize some of its mission critical applications and enjoy up to 15% improvements in core engine performance compared to z13.
Martin Chee, Managing Director, IBM Singapore said “IBM has been the technology partner of DBS Bank for over 20 years. This new 7 year agreement is a reaffirmation of our capability in the banking industry and the value we bring to this relationship. IBM will work closely with the DBS team, to enhance their customers experience through encryption everywhere, hyper scalability, performance, availability and transaction integrity on the new z15.”
Under the terms of the agreement, IBM will also provide end to end management in simplifying the IT infrastructure to optimize the existing software and application workloads. The green architecture of IBM z15 with newer compilers and energy efficient cooling technology can potentially improve energy performance by 25% versus z13.
In September 2020, IBM celebrated the 20th Anniversary of Linux on IBM Z, setting the stage for IBM Z’s success in the era of hybrid cloud.