Dynacons Secures Prestigious Project from Punjab & Sind Bank for Implementation and Management of On-Premises Private Cloud Infrastructure

Dynacons Systems & Solutions Ltd. is pleased to announce that it has secured another significant Private Cloud order, reinforcing its growing leadership in enterprise-grade cloud infrastructure for large institutions. The Company has been awarded a prestigious project by Punjab & Sind Bank for the On-Premises Private Cloud Infrastructure solution for a period of five years, valued at ₹108.88 Crores.

This win marks yet another milestone in Dynacons' expanding portfolio of Private Cloud deployments, underlining the Company's strong capabilities in delivering secure, scalable, and future-ready cloud solutions for mission-critical environments.

Punjab & Sind Bank, one of India's prominent nationalized banks, has established a robust presence across the country with 1,610 branches and 28 Zonal Offices, catering to customers in both urban and rural markets. The Bank has consistently been at the forefront of adopting technology-driven initiatives to enhance customer convenience, operational efficiency, and inter-branch connectivity.

Under the scope of the project, Dynacons will be responsible for the design, supply, implementation and ongoing management of the required IT infrastructure, system software and cloud services to deploy and host the Bank's applications across DC-DR environments. The solution will provide a scalable and secure Private Cloud platform with automated scale-in and scale-out capabilities and centralized management, ensuring long-term flexibility and technology independence. The solution will further enable the Bank to dynamically add or reduce cloud resources on demand through a centralized, user-friendly management dashboard, thereby enhancing agility, scalability, and operational efficiency.

The Private Cloud solution, based on technologies from leading global OEMs such as Dell, VMware, Red Hat and Microsoft, includes server virtualization hypervisor, compute servers, SAN switches and object storage, private cloud management and orchestration, infrastructure and network monitoring, virtual load balancing (L4 and L7), software-defined networking, software-defined firewall with micro-segmentation, advanced threat prevention and zero-trust security, DC-DR replication software, container platform, Windows and Linux operating systems, backup and recovery solution, upgrade of existing VMware-based infrastructure and SAN storage, migration of existing servers to the Private Cloud platform (P2V and V2V), and onsite manpower support.

Commenting on the development, Mr. Dharmesh Anjaria, Executive Director, Dynacons Systems & Solutions Ltd., said: "This achievement is a strong validation of our Private Cloud strategy and execution capabilities. Securing yet another large-scale Private Cloud project reflects the trust that leading institutions place in Dynacons' ability to deliver secure, resilient, and future-ready IT infrastructure. It is a testament to the dedication, technical expertise, and collaborative spirit of our entire team."

Shares of Dynacons Systems & Solutions Limited was last trading in BSE at Rs. 918.40 as compared to the previous close of Rs. 933.00. The total number of shares traded during the day was 1404 in over 136 trades.

The stock hit an intraday high of Rs. 938.35 and intraday low of 909.90. The net turnover during the day was Rs. 1288924.00.

Source : Equity Bulls

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