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What is the story about?
Dynacons Systems & Solutions Ltd on Tuesday (December 30) said it has secured a software project from the Reserve Bank of India for the Enterprise Applications Platform (EAP), with a total cost of ownership of ₹249.15 crore. The contract spans five years and follows a consumption-based model, covering implementation, maintenance, and learning services for the EAP software at the central bank.
The Reserve Bank of India is in the advanced stage of building an Enterprise Applications Platform (EAP), which is designed as a suite of software tools providing the foundational infrastructure for developing, deploying, and managing enterprise applications at scale.
The base layer of the EAP is built on Red Hat OpenShift Platform Plus, a container orchestration and management system. RBI plans to further enhance this platform with a comprehensive stack of software tools and associated services to improve functionality, security, and operational effectiveness.
Also Read: Dynacons Systems shares surge after ₹138 crore order from LIC; stock up 23% in five sessions
Under the contract, Dynacons will deliver a scalable and secure EAP solution, integrating software tools from global original equipment manufacturers, including IBM, Elastic, Hazelcast, JFrog, and Process9. The scope of the project extends across all RBI data centres, regional offices, zonal training centres, and subsidiaries such as ReBIT, RBIH, DICGC, and IFTAS.
The EAP stack is designed to provide centralised log and event monitoring, advanced caching and data management, secure key and credential storage, enterprise-grade repository and artifact management, automated workflow and business rule engines, comprehensive reporting and analytics, multilingual translation services supporting 12 Indian languages, and high-performance messaging middleware.
Shares of Dynacons Systems and Solutions Ltd ended at ₹916.00, down by ₹13.05, or 1.40%, on the BSE.
Also Read: Dynacons Systems ends 5% higher post Rs 14 crore order win from BSNL
The Reserve Bank of India is in the advanced stage of building an Enterprise Applications Platform (EAP), which is designed as a suite of software tools providing the foundational infrastructure for developing, deploying, and managing enterprise applications at scale.
The base layer of the EAP is built on Red Hat OpenShift Platform Plus, a container orchestration and management system. RBI plans to further enhance this platform with a comprehensive stack of software tools and associated services to improve functionality, security, and operational effectiveness.
Also Read: Dynacons Systems shares surge after ₹138 crore order from LIC; stock up 23% in five sessions
Under the contract, Dynacons will deliver a scalable and secure EAP solution, integrating software tools from global original equipment manufacturers, including IBM, Elastic, Hazelcast, JFrog, and Process9. The scope of the project extends across all RBI data centres, regional offices, zonal training centres, and subsidiaries such as ReBIT, RBIH, DICGC, and IFTAS.
The EAP stack is designed to provide centralised log and event monitoring, advanced caching and data management, secure key and credential storage, enterprise-grade repository and artifact management, automated workflow and business rule engines, comprehensive reporting and analytics, multilingual translation services supporting 12 Indian languages, and high-performance messaging middleware.
Shares of Dynacons Systems and Solutions Ltd ended at ₹916.00, down by ₹13.05, or 1.40%, on the BSE.
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