Dynacons Systems & Solutions (Dynacons) has been awarded a significant contract worth Rs 142.55 crore by Bank of Maharashtra. The Contract entails the design, deployment and management of a cutting-edge Hyper-Converged Infrastructure (HCI) system for the Private Cloud of the Bank. This strategic partnership underscores the bank’s commitment to digital transformation, secure banking operations, and robust data management. These will be deployed at the Data Centre, Disaster Recovery Centre and the Near DR of the Bank.
Bank of Maharashtra, one of India’s premier public sector banks with a rich legacy spanning 88 years, is on a mission to modernize its IT infrastructure to meet the evolving needs of its extensive customer base. With 2,350 branches/offices across India, including 1,200+ in Maharashtra-the largest network among public sector banks in the state-Bank of Maharashtra is recognized as a leader in technological innovation, product development, and digital transformation. The new private cloud, supported by an advanced HCI system and a comprehensive data center solution, will empower the bank to enhance operational efficiency, bolster data security, and deliver an elevated digital banking experience.
The project involves the augmentation and setup of a state-of-the-art HCI solution, incorporating Private Cloud servers for business-critical applications, storage, and essential hardware, including TOR Switches, Management Switches, SAN Switches, VMware Cloud, and more. The overall contract spans a period of five years, during which Dynacons will ensure the seamless execution and ongoing maintenance of this critical infrastructure.
Dynacons Systems & Solutions is an IT company with global perspectives.
| Company Name | CMP |
|---|---|
| TCS | 2581.65 |
| Infosys | 1318.60 |
| HCL Tech. | 1442.50 |
| Wipro | 204.35 |
| Tech Mahindra | 1511.85 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: