20-05-2025
Saudi Investment Bank Upgrades IT with Pure Storage Platform
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Pure Storage® (NYSE: PSTG), a leader in advanced data storage technologies, announced that The Saudi Investment Bank (SAIB) has modernized its IT infrastructure. The upgrade aims to improve customer experience and operational performance.
SAIB, one of Saudi Arabia's oldest banks, processes millions of transactions daily. The bank reported challenges with its legacy storage system, which struggled to support high-performance applications and resource-heavy workloads.
To address these issues, SAIB implemented the Pure Storage Platform. This move has reduced read/write latency from 1 millisecond to 0.2 milliseconds, boosting application speed and customer interaction on mobile banking and payments.
Moreover, the bank successfully migrated over 2,500 email accounts without service interruptions. The migration also included its ERP system, online portal, and other critical applications. Pure Storage's non-disruptive upgrades ensure continuous service availability.
Additionally, SAIB adopted the Cloudera data platform through Pure Storage. This has enhanced the bank's data-driven decision-making and accelerated data protection analysis.
SAIB also strengthened its cybersecurity by deploying resource-intensive workloads such as Splunk SmartStore. This allows quick data processing to detect cyber threats. Pure Storage Safemode Snapshots offer immutable data backups, helping the bank comply with data protection regulations.
Ahmed Megdad, Senior Vice President of IT Operations at SAIB, revealed that the support from Pure Storage has made operations smoother. He expressed confidence in the bank's ability to innovate and serve its customers better.
Omar Akar, VP at Pure Storage, stated that the company is proud to support SAIB's efforts to deliver modern, secure, and uninterrupted banking services.
Key benefits reported by SAIB include: Significant reduction in data storage latency, enhancing customer and employee experience.
Seamless IT migrations without service disruptions.
Improved cybersecurity and compliance with data protection standards.
This upgrade demonstrates SAIB's commitment to future-proofing its IT infrastructure and driving innovation in the banking sector.
