More NewsSacombank Uses Oracle Exadata Database Machine in Vietnam

Sacombank Uses Oracle Exadata Database Machine in Vietnam

Sacombank, one of Vietnam’s leading commercial banks, has deployed Oracle Exadata Database Machine, allowing the bank to benefit from the solution’s predictive analytics to make strategic business decisions in real time. The solution provides data warehousing, integrated with Oracle Business Intelligence (BI) with a single 360-degree view of the business and a powerful platform for a wide spectrum of business intelligence tasks ranging from predictive analytics to real-time strategic and tactical decision support throughout the organisation.

Sacombank made its selection not only because of the synergies between the various Oracle software products, but because of the pre-integrated configuration of the Exadata platform which reduced deployment time, integration cost and offered unbeatable price performance ratio at a lower total cost of ownership with a single point for support.

“Investing in IT infrastructure modernisation will always be a part of our strategy to achieve excellence in various parts of our business. Exadata gave us the visibility needed to address risk and growth on a timely manner. The technology has exceeded our expectations, enabling us with extreme performance for advance analytics while saving us overall implementation cost. Sacombank is expecting to enhance its competitiveness and quality of services in all areas with the aid of the management dashboards,” said Tran Xuan Huy, chief executive officer (CEO) of Sacombank.

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