Dynacons wins the Prestigious Award 'Banking Deal of the Year' from Versa Networks

Dynacons Systems & Solutions Limited has been awarded the 'Banking Deal of the Year' award from Versa Networks, a US based, multinational company and the recognized leader of single-vendor Unified Secure Access Service Edge (SASE). This award recognizes the outstanding performance of Dynacons for the Software Defined Wide Area Network (SD-WAN) Deployment order from a leading public sector bank in the India ("the bank").

Dynacons worked closely with Versa Networks to win one of the biggest orders from the bank for supply, implementation, commissioning & maintenance of an SD-WAN solution for their Data Centre, data recovery (DR) site and 6,000 branches all over India. The SD-WAN solution provided by Dynacons will enable the bank to improve its network performance, security, and compliance. The solution leverages Versa Networks' Secure Access Service Edge (SASE) architecture to provide a comprehensive network and security solution that enables the company to deliver its services with increased agility and efficiency.

The SD-WAN solution includes:

- Data Center (DC) / Disaster Recovery (DR) site Central SD-WAN Hardware Appliance with high availability (HA)
- DC / DR SD-WAN Central Software Solution with HA
- Branch SD-WAN hardware Appliance with builtin perpetual SD-WAN software License, Advance SD-WAN features & Advance Security features.

"We are honored to receive this prestigious award from Versa Networks," said Dharmesh Anjaria, Executive Director, Dynacons. "Our partnership with Versa Networks has been instrumental in our ability to deliver innovative networking solutions that meet the evolving needs of modern enterprises and financial institutions. This continued recognition validates our commitment to helping our clients align their technology initiatives with their business goals."

"We congratulate Dynacons on winning the 'Banking Deal of the Year' award," said Mr. Abhishek Jain, Versa Networks' Country Head. "Their innovative approach to networking and their expertise in delivering secure SD-WAN and SASE solutions enables their customers to transform their networks and security infrastructure. We look forward to continuing our partnership with Dynacons to help more enterprises achieve similar success."

Shares of Dynacons Systems & Solutions Limited was last trading in BSE at Rs. 468.75 as compared to the previous close of Rs. 473.75. The total number of shares traded during the day was 5128 in over 523 trades.

The stock hit an intraday high of Rs. 476.35 and intraday low of 460.60. The net turnover during the day was Rs. 2405757.00.

Source : Equity Bulls

Keywords

DynaconsSystemsandSolutions INE417B01040 Award BankingDealoftheYear VersaNetworks