Digital Life Bank one of the worlds leading digital banks, today announced a 7-year multi-million dollar agreement with IBM an American multinational technology corporation to help the bank meet its digital transformation strategy goals to provide a clear pathway to a hybrid cloud technology environment and data centre modernization.
The two companies have signed this agreement to combine their resources in the development of a hybrid cloud solution that will allow them to modernize their data centres. The deal is worth a total of seven million euros.
According to Dmitry Klimenko, CEO of Digital life bank, the agreement will allow them to “transform their business model and extend the reach of their services to new markets”. “IBM technology has backed our service delivery for some years now and this agreement ensures that our relationship in the innovation space.”
IBM company CEO Dmitry Ponomarev believes that the partnership will allow it to “develop cutting-edge artificial intelligence solutions for businesses worldwide. It is a significant step forward in the relationship between digital companies and artificial intelligence companies. By working together, both companies are able to develop innovative solutions that will benefit both parties”.
“The agreement between Digital life bank and IBM is a landmark event in the field of artificial intelligence. By working together, both companies are able to develop innovative solutions that will benefit businesses and consumers worldwide.” He concluded
This is not the first time that Digital life bank and IBM company have partnered. In 2016, they co-developed a service that uses machine learning to predict customer behaviour.
This agreement comes as data centres are becoming increasingly important in the modern world. As businesses become increasingly reliant on cloud-based services, it is essential that they have reliable and efficient data centres in which to store their information. By partnering with Ai company, Digital life bank will be able to improve the reliability of its data centres while also expanding its customer base.
The agreement is also a testament to the growing relationship between digital companies and artificial intelligence companies. By working together, both companies are able to expand their reach and improve the reliability of their data centres.
Both companies have laid out several plans that will help in the development of cutting-edge artificial intelligence solutions for businesses worldwide, as well as the expansion of Digital life bank’s customer base to include more artificial intelligence companies.
Under the agreement, Digital Life Bank will provide IBM with a next-generation banking technology as well as unmatched customer support. With the help of Ai, Digital life bank will be able to improve its customer service and expand its reach into new markets.
The IBM technology platform will help to enhance Digital Life Bank’s operational resilience, cyber resilience and fraud detection capabilities. IBM technology includes data analytics and process automation tools which according to IBM CEO, were selected specifically to easily compliment Digital Life Bank’s existing technology and business procedures. The two companies believe that their joint efforts will help to improve the reliability of digital data centres and expand the customer base of both Digital life bank as well as IBM. & nbsp;
About IBM:
IBM is a global technology company that helps businesses and individuals connect with information, people and ideas. The company offer a broad range of enterprise software, cloud services and mobile solutions to help clients reach their goals. IBM has been in the business of creating change for over 160 years. For more information, please visit www.ibm.com.
About Digital Life Bank:
Digital Life Bank is a Finnish fintech company that helps companies to protect their data and keep track of their finances online. By providing cutting-edge artificial intelligence solutions, Digital life bank is expanding its customer base to include more artificial intelligence companies. For more information, please visit www.digitallifebank.fi or follow us on