WINNERS
Keeping Tabs Although his existing systems worked fine, Amit Gupta, Vice President, Fidelity Business Services, could not afford to be complacent. Not in an industry where regulators are constantly on the prowl. Future-proofing the enterprise’s data management infrastructure was the need of the hour. But it was not easy to convince management — especially because of the excellent job he had done with the existing systems. But, that was just the first hurdle. He also needed to integrate multiple solutions and platforms, while keeping the TCO under check and ensuring zero downtime. “This was a complex implementation and involved working on live technology components, which were critical to business,” says Gupta. The efforts of the IT team, led by Gupta, started to reap benefits. The cost of data storage reduced by a whopping 40 percent, much to pleasure of the business. Other than increasing IT infrastructure efficiency by 25 percent, other intangible benefits included saving power and reducing e-waste. CIO SNAPSHOT mANAgINg DIRECTOR: Caron Mcdonald REvENuE: Rs 1,000 crore EmPLOyEES: 7,000 IT STAFF: 130 COST: Rs 600 lakh PROjECT PERIOD: February 2007 – May 2008
48
S E P T E M B E R 1 5 , 2 0 0 8 | REAL CIO WORLD
Amit Gupta Fidelity Business Services Vice President
Vol/3 | ISSUE/21