Dynacons Systems & Solutions Ltd, a leading player in the IT infrastructure and solutions space, has bagged a major contract from the State Bank of India (SBI) valued at ₹62.98 crore. The project involves the supply, installation, and maintenance of a Software Defined Wide Area Network (SD-WAN) solution across SBI’s extensive network. This seven-year contract is a significant milestone in Dynacons’ journey as a trusted partner in the banking and financial services sector.
SBI’s Nationwide SD-WAN Rollout
The contract entails implementing Versa’s secured SD-WAN solution at 4 Data Centres and approximately 7000 SBI branches across India. The solution is expected to modernize SBI’s network infrastructure, enhance operational efficiency, and ensure high-speed, secure connectivity at all branches. The rollout will be executed in a phased manner and includes 24x7x365 support with a committed Service Level Agreement (SLA).
Technology Partner – Versa Networks
Versa, a global leader in SD-WAN technology, will provide the core technology behind this initiative. Their SD-WAN solution is widely recognized for its robust security features and advanced network capabilities. The system offers Denial-of-Service (DoS) protection, next-generation firewall functions, advanced analytics, and network performance enhancements through Forward Error Correction and Packet Duplication. These features will significantly strengthen SBI’s digital backbone and improve the user experience across its network.
Enhancing Rural Banking Infrastructure
This digital upgrade is not only for SBI but also extends to its group banks and sponsored Regional Rural Banks (RRBs). The initiative is part of SBI’s broader plan to enhance customer satisfaction and future-proof its digital infrastructure. By deploying SD-WAN, the bank aims to boost application performance, strengthen cybersecurity, and improve connectivity across urban and rural geographies.
Commitment to Quality and Compliance
Dynacons’ ISO and CMMI certifications reflect its commitment to delivering high-quality, reliable, and secure solutions. The contract win reinforces the company’s reputation for executing large-scale IT infrastructure projects with precision and customer-centricity.
This ₹62.98 crore project marks a major step forward in digital transformation for India’s largest bank, while also showcasing Dynacons’ capabilities as a strategic IT partner. With the successful implementation of this SD-WAN project, Dynacons is poised to strengthen its footprint in the BFSI sector and drive innovation in enterprise networking across India.
