BANGALORE, India —
IBM is working with Religare Enterprises Limited of India to build three energy efficient datacenters for the financial services firm and help it reduce power costs by more than a third each year.
Religare Enterprises Limited, better known as REL, is a leading financial services firm in India that figures prominently in the country's equity and securities market.
REL is planning for significant growth and the datacenters are being designed for enhanced efficiency as well as scalability to keep pace with the firm's expansion.
Under an agreement announced this week, IBM through its Project Big Green unit is designing and building datacenters in Delhi, Noida and Mumbai for REL.
The facilities are expected to cut the firms's power costs by as much as 35 pecent a year and reduce consumption by 3,600 kilowatt-hours, which would amount to a $250,000 savings annually.
"IBM engaged with us from the very beginning to understand our critical business needs and design appropriate solutions," said Shachindra Nath, Group Chief Operating Officer, Religare Enterprises Limited.
IBM's Project Big Green launched in May 2007 to help the company's global clientele increase the efficiency of their IT operations and optimize their datacenter resources.