TheNFAPost Podcast

Recognised for their transformative projects and technological achievements experienced through the use of Red Hat’s open source solutions

Bengaluru, NFAPost: Red Hat, Inc., the world’s leading provider of open source solutions, announced the winners of the Red Hat APAC Innovation Awards 2020 for India.

Bajaj Allianz Life Insurance Company, IndusInd Bank, ManipalCigna Health Insurance Company Limited and _VOIS were honored at the Red Hat Forum Asia Pacific 2020 today for their exceptional and innovative use of Red Hat solutions.

In response to the recent global events that are causing consumer shifts, many organizations are accelerating their digital transformation efforts to adapt.

In a November 2019 study sponsored by Red Hat, 95% of APAC executives surveyed said digital transformation has gained importance1 and perceived it as a strategy for both survival and growth in the new normal. This has increased the need to use innovative technologies to create new business models, products or services.

Digital transformation

Since there is no one-size-fits-all blueprint for digital transformation, this year’s Red Hat Forum Asia Pacific aims to inspire organisations to unleash the power of open source technologies to achieve their short-term goals and future-proof their business for the next normal.

To support that, the Red Hat APAC Innovation Awards 2020 recognize the technological achievements of organizations that demonstrate creative thinking, determined problem solving and creative use of Red Hat solutions to make a difference in their business, industry or society.

The winners were selected based on the impact of their Red Hat deployments on their business goals, industry and communities, as well as the uniqueness of vision for the project.

They displayed how open source platforms and culture have helped them improve productivity, agility and cost savings while empowering them to address future challenges and emerging trends more confidently and effectively.

Consumer demand

Commenting on the event, Red Hat APAC senior vice president and general manager Dirk-Peter van Leeuwen said 2020 has been a year of uncertainties – but also possibilities.

“It’s inspiring to see how organizations in Asia Pacific are using open source to quickly and effectively meet changing market landscapes and consumer demands. Congratulations to this year’s winners, who we believe will become role models to other organizations looking for ideas to transform their business,” said Red Hat APAC senior vice president and general manager Dirk-Peter van Leeuwen.

Red Hat APAC senior vice president and general manager Dirk-Peter van Leeuwen the company looks forward to working with its customers to help them address the many real challenges customers face today, and unlock the unlimited possibilities of taking the business forward.

This year’s awards honored 27 APAC organizations across five categories: digital transformation, hybrid cloud infrastructure, cloud-native development, automation and resilience. This year’s winners for India include:

Categories: Digital Transformation and Hybrid Cloud Infrastructure

Winner: Bajaj Allianz Life Insurance Company (BALIC)

BALIC is one of the leading private life insurance companies in India. The company has been using a legacy platform as its core system that is built on proprietary technologies. The legacy platform has got many constraints, one of them being its scalability and ability to integrate with other external systems.

To overcome these challenges, BALIC is transforming its core insurance platform using Red Hat OpenShift, Red Hat Enterprise Linux, Red Hat 3Scale API Management, Red Hat Runtimes and Red Hat Directory Server

Category: Digital Transformation

Winner: IndusInd Bank

IndusInd Bank offers commercial, transactional and electronic banking products and services to both B2C and B2B customers. It believes in driving the business through technology, and aims to consistently add value to its stakeholders and become India’s most convenient bank.

The bank decided to transform its existing IT infrastructure using open source solutions to cope with the increase in payment transactions and customers, gain agility and future-proof growth. It did so by adopting Red Hat Enterprise Linux, Red Hat JBoss Enterprise Application Platform, Red Hat Smart Management, Red Hat JBoss Web Server and Red Hat OpenShift with the help of Red Hat Consulting. By running its critical B2C applications — such as payments engine and mobile banking application — on the modernized infrastructure, the bank can easily scale those applications on-demand and release new features or patches rapidly. 

Categories: Digital Transformation

Winner: ManipalCigna Health Insurance Company Limited (ManipalCigna)

ManipalCigna’s previous IT systems limited its growth as they required complex integration to onboard business partners. Its core systems were also not connected to other business systems – such as customer relationship management, loyalty and policy application – which prevented it from having a single view of its customers.        

To overcome those challenges, ManipalCigna sought Red Hat Consulting’s help to revamp its IT platforms and applications using Red Hat 3scale API Management, Red Hat OpenShift, Red Hat Decision Manager and Red Hat Fuse. This provides a robust platform that enables applications to elastically scale without manual intervention, which helps improve the performance of its payment systems for policy transactions and respond to market needs faster. 

Category: Resilience

Winner: _VOIS

The company focuses on being people led, digitally enabled and partner powered with a robust strategy to support partners across Vodafone to deliver  services across IT, digital, finance, supply chain, business intelligence, analytics and HR operations..

_VOIS started its cloud journey by engaging Red Hat Consulting for a Red Hat container adoption program to learn the best practices for DevOps adoption, including agile, continuous integration and delivery (CI/CD) and automated testing. It then deployed Red Hat OpenShift as the orchestration and automation layer for its private cloud, which was built on Red Hat OpenStack Platform. To further encourage enterprise-wide DevOps adoption,_VOIS built a Development Environment as-a-service (DevaaS) using Red Hat Cloud Suite, Red Hat Ceph Storage and Red Hat Enterprise Linux. It also added multiple services to the DevaaS, including Red Hat CodeReady Workspace.

Supporting Quotes

Bajaj Allianz Life Insurance Company chief information and digital officer Goutam Datta said the are continuously innovating using technology to provide more convenience and ease to customers, and at the same time enhance business efficiencies.

“Our focus is to be agile and future-ready to meet the expectations of the evolving business environment and the evolved customer. As our service partner, Red Hat has helped us enhance our IT service delivery and build resilience across the value chain in these unprecedented times,” said Bajaj Allianz Life Insurance Company chief information and digital officer Goutam Datta.

Bajaj Allianz Life Insurance Company chief information and digital officer Goutam Datta RedHat solutions have helped us be accessible to our customers 24/7 through our digital touchpoints and increase customer stickiness through safe and contactless digital offerings.

IndusInd Bank head of Technology and Corporate & Global Market Operations Ramesh Ganesan said since the payments industry in India is highly competitive, especially with the rise of disruptive innovators in the market, the bank needs to be able to effectively manage customer stickiness to sustain its growth.

“Red Hat’s solutions have ensured that our payments and mobile banking platforms are scalable, reliable and can adapt to changes quickly. But more importantly, they have helped foster a culture where our developer and IT teams are working together towards a common goal which is to offer delightful customer experience,” said IndusInd Bank head of Technology and Corporate & Global Market Operations Ramesh Ganesan

Amit Thapliyal, head of Information Technology, PMO and Digital, ManipalCigna Health Insurance Company Limited:

“Red Hat has played a big part in enabling us to achieve our mission of improving the health, well-being and peace of mind of those we serve. By digitally transforming ourselves with Red Hat’s open source solutions, we’re able to onboard partners and track business transactions more efficiently, ensure that our systems are reliable, deliver enhanced customer experience, and speed up our time-to-market. All these capabilities are key to sustaining revenue and customer growth.”

VOIS vice president Group IT Services Kamlesh Mishra said to keep pace with the change driven by digital transformation, organisations must be agile and adaptable, and organisational culture is crucial to the success of any digital initiative.

“Red Hat’s hybrid cloud and container-based solutions have helped us embrace open culture and an agile, DevOps-powered approach designed to more flexibly launch and manage services. With Red Hat CodeReady, our developers can now develop and deliver new applications for Kubernetes and collaborate on container-native applications seamlessly. Our new-found agility will enable us to continuously deliver reliable services as we grow,” said VOIS vice president Group IT Services Kamlesh Mishra

Additional Resources

Red Hat is the world’s leading provider of enterprise open source software solutions, using a community-powered approach to deliver reliable and high-performing Linux, hybrid cloud, container, and Kubernetes technologies. Red Hat helps customers integrate new and existing IT applications, develop cloud-native applications, standardize on our industry-leading operating system, and automate, secure, and manage complex environments.

Award-winning support, training, and consulting services make Red Hat a trusted adviser to the Fortune 500. As a strategic partner to cloud providers, system integrators, application vendors, customers, and open source communities, Red Hat can help organizations prepare for the digital future.

Previous articleFrost & Sullivan Presents Four Ps Disrupting Future of Retail Business
Next articleWNS Announces Industry-First With Domain-led Hyperautomation

LEAVE A REPLY

Please enter your comment!
Please enter your name here