SBI

Tech giant Microsoft announced that State Bank of India (SBI) has deployed its cloud-powered productivity solution, Office 365. This move will help country’s largest public-sector bank to improve communication and collaboration among its workforce.

“This is one of the largest deployments of Office 365 in India, spanning SBI’s countrywide network of 23,423 branches, enabling 263,000 employees and servicing more than 500 million customer accounts”, Microsoft said in a statement. No financial details were, nonetheless, revealed.

Microsoft added that the solution will empower the employees to collaborate effectively from any device anywhere (Android, iOS, Mac, and Windows), providing an integrated experience and reduce complexity.

Microsoft has also added that it has consolidated SBI’s messaging and collaboration server in 17 countries, helping it save more than $200,000 annually.

SBI Chairman Rajnish Kumar said, “As India’s economy continues to grow, the BFSI sector needs to be well—equipped to address dynamic market pressures and rapidly evolving industry needs”.

It has become imperative to transform technologically to sustain a competitive edge, he added.

Microsoft CEO Satya Nadella said, “We are thrilled to partner with SBI on their digital transformation as they harness the intelligent cloud and build a new digital capability to empower their employees; engage customers in new ways and transform their products and services while maintaining security, trust, and compliance with industry regulations”.