News

via TMCnet.com

Jun 30, 2010 (Zacks.com via COMTEX) -- International Business Machines Corp. (IBM) announced that Comepay, a leading provider of self-service payment kiosks in Russia and the Commonwealth of Independent States (CIS), has chosen its System z10 mainframe to use it in its core business operations. Comepay is expected to deploy the new System z mainframe by the end of the second quarter of 2010. Financial details on the deal were not provided.


With operations in 11 regions of Russia, the new System z10 mainframe deployed from IBM will enable Comepay to expand its business operations across the country. This will aid the company to run a predicted three-fold increase in transactions from 10,000 to 30,000 per second. Moreover, the new systems will help augment growth for Comepay by providing cost effective services and adequate support to its customers.

The performance and virtualization capabilities of System z mainframe, running on z/os will enable Comepay to process the growing amount of transactions and meet business-critical data processing requirements at a lower total cost of ownership. IBM's DB2 and WebSphere MQ software will facilitate Comepay to enhance its information management capabilities while improving the security and reliability of its transaction processing center, the company said.


IBM's System z mainframe can help organizations in emerging markets to manage their businesses. IBM pointed out that Comepay will add to its expanding customer base in growing markets, already comprising major customers in China, Korea and Namibia, namely China Internet Network Information Center, Korea's BC Card and Dongbu Insurance and The First National Bank of Namibia.