2015-01-20

IBM launches new mainframe targeting e-commerce, mobile economy in India

The z13 system culminates a $1 billion investment and exploits innovation of more than 500 new patents.

IBM launches new mainframe targeting e-commerce, mobile economy in India

IBM today announced the launch of z13 mainframe to help meet the expectations of consumers for speed and safety for trillions of transactions in the mobile economy.

The z13 system culminates a $1 billion investment and exploits innovation of more than 500 new patents, including cryptographic encryption technologies that enable more security features for mobile initiated transactions. These servers will provide real-time encryption on all mobile transactions, targeting e-commerce and m-commerce firms in India.

"In a booming market like India where businesses need immediacy and security, there was a need of a comprehensive computing infrastructure for the mobile generation and the new app economy which could redefine digital business' said Viswanath Ramaswamy, Country Leader - Server Solutions (POWER & Mainframe), IBM India.

Keeping in mind the estimated growth of mobile transactions to 40 trillion per day by 2025, z13 is capable in processing 2.5 billion transactions a day. It speeds real-time encryption of mobile transactions to help protect the transaction data and ensure response times consistent with a positive customer experience. The embedded analytics providing real-time insights on all transactions can help detect fraud on real time basis.

The rapid growth of mobile applications has created consumers who expect mobile transactions to be fast and seamless - regardless of which mobile payment platform, retailer, or financial organization is providing the service. This launch complements IBM's ongoing investments to help clients drive mobile innovation across the enterprise.

"Every time a consumer makes a purchase or hits refresh on a smart phone, it can create a cascade of events on the back end of the computing environment. Consumers expect fast, easy and secure mobile transactions. The implication for business is the creation of a secure, high performance infrastructure with sophisticated analytics. The z13 is designed to handle billions of transactions for the mobile economy. Only the IBM mainframe can put the power of the world's most secure datacenters in the palm of your hand," said Ramaswamy.

Related opportunities
  • Iceil Stretch Ceilings has evolved into No. 1 stretch ceiling..
    Locations looking for expansion Tamil nadu
    Establishment year 2019
    Franchising Launch Date 2020
    Investment size Rs. 5lakh - 10lakh
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Saidapet Tamil nadu
  • Quick Service Restaurants
    La Cane Bistro is India’s first Sugarcane Cafe serving 100%..
    Locations looking for expansion Maharashtra
    Establishment year 2022
    Franchising Launch Date 2023
    Investment size Rs. 5lakh - 10lakh
    Space required 80
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Tea And Coffee Chain
    Welcome to Something's Brewing, the ultimate destination for coffee enthusiasts..
    Locations looking for expansion Karnataka
    Establishment year 2020
    Franchising Launch Date 2023
    Investment size Rs. 50lakh - 1 Cr.
    Space required 1200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • Others Food Service
    We started designer eggs in Bhopal in the name of..
    Locations looking for expansion Madhya pradesh
    Establishment year 2022
    Franchising Launch Date 2022
    Investment size Rs. 5 Cr. above
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bhopal Madhya pradesh
Insta-Subscribe to
The Franchising World
Magazine
tfw-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts

pincode
;
ads ads ads ads