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Brazilian Credit Union Sicoob Avoids $1.5 million in Annual Costs with IBM


Credit Unions System for Brazil (Sicoob) is the largest credit union system in Brazil, offering banking and credit services to more than 2.5 million people. To support the ongoing rapid growth of its business and the development of new capabilities, Sicoob needed a completely new model for IT. The organization made a strategic decision to virtualize its Intel processor-based distributed servers to the IBM System z platform. Today, Sicoob is running more than 300 SUSE Linux-based virtual servers on IBM z/VM across two IBM zEnterprise 196 servers. An IBM System z10 server located at a second site provides a disaster-recovery option and hosts the development landscape. The transformation of its IT infrastructure has enabled Sicoob to experience growth of 600% in mobile, 200% in internet, and 60% in in-branch transactions; avoiding $1.5 million in electricity costs annually; while delivering new services faster.

Read the case study here.  To view the video, go here. 


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