NordVPN
Middle east and Asia event
Discover upcoming events and explore cutting-edge technology news in the Middle East and Asia
Etisalat Misr Fights Fraud with IBM Real-Time Analytics
 
 
Share on Facebook     Share on LinkedIn    
 
IBM FlashSystem Boosts Performance of Etisalat's Fraud Management System 20 Fold

CAIRO, June 10, 2015 /PRNewswire - MySolutionInfo/ -- IBM (NYSE: IBM) today announced that Etisalat Misr, a subsidiary of Emirati Etisalat Group, and one of the leading mobile providers in Egypt, has chosen an IBM FlashSystem, a state-of- the-art storage solution, to protect against fraud. This will help enable Etisalat Misr to significantly speed up real-time analytics to identify fraudulent activity in areas such as calls and unauthorized internet use.

Etisalat Misr provides a full range of voice and data services to more than 22 million subscribers in Egypt which includes telecom services to the largest Egyptian enterprises. With increasing competition, the company faced challenges in delivering enhanced performance, availability, analytics and security to its growing customer base.

Etisalat's fraud management system depends on data received from network switches to detect fraud. However it often took as long as three days to capture and analyze fraud data.

To resolve delays in its fraud management system, Etisalat Misr decided to use IBM FlashSystem V840. With the new storage technology in place, Etisalat Misr is expected to improve the efficiency of its fraud management application, reducing the time spent on processing call records by a factor of 15 times and improving the speed of fraud detection by a factor of 37 times.

"We are growing very fast and as a result, we are continuously looking for innovative IT solutions that can help deliver seamless security and end-to-end management of our clients' devices, content and transactions," said Khalid AlKaf, Director of Operations & Infrastructure at Etisalat Misr. "Modernizing our storage is key to compete in an interconnected world and supports our growth."

Ahmed Bourham, Systems Group Manager, IBM Egypt, added, "In today's environment, risk and fraud management must be pervasive throughout an organization's culture and operating model. IBM's flash and software defined storage technologies can help organizations bring together fragmented data from segregated systems and a variety of sources to deliver enhanced insights to mitigate risk and better manage fraud."

With IBM FlashSystem V840, Etisalat Misr is expected to enhance analytics performance while reducing storage footprint and lowering energy costs by speeding up real-time analytics of its Fraud Management System and making it capture and analyze fraud data virtually instantaneously instead of taking three days. This has already helped the company improve its operations by 300 percent.

For More information about IBM Flash Storage, please visit:
http://www-03.ibm.com/systems/uk/storage/flash/
and follow us on twitter @ibmstorage.

Contacts:
Jumana Akkawi Mary Welder
IBM IBM
+971566766618 507-253-7935
jumanaak@ae.ibm.com
welderm@us.ibm.com

Posted on: Jun 10 2015


IBM Launches Blockchain Initiative with Dubai Government Agencies and Enterprises on IBM Cloud
IBM Cloud to Accelerate Bank Sohar's Digital Transformation
IBM MobileFirst for iOS app to transform customer experience at Etisalat Misr
Abu Dhabi Islamic Bank Partners with IBM to Launch Innovative Digital Studio
Etihad Airways Signs US$700 Million Technology Services, Cloud Collaboration with IBM to Transform Global Operations
IBM Research - Africa and RTI International forge partnership for data-driven development
IBM and Mubadala to bring Watson to the Middle East & North Africa
St. Petersburg National Research University of IT, Mechanics and Optics Wins IBM-Sponsored International Collegiate Programming Contest

CategoryDescription
PC, Hardware, Device Manufacturing
 
http://www.ibm.com
Country: USA

IBM is the world’s largest information technology company, with 80 years of leadership in helping businesses innovate. IBM offers a wide range of services, solutions and technologies that enable telecommunications service providers and equipment suppliers to take full advantage of the new era of e-business. IBM Global Services is the world’s largest information technology services provider and is the fastest growing part of IBM, with nearly 150,000 professionals serving customers in 160 countries.

Press Contact:
AlyRifaah
ExternalCommunications Manager, IBM, Middle East and Africa
Email:Rifaah@ae.ibm.com
Phone:+9714 4498301

Kelly Sims
IBM Media Relations
408-927-1261
kelly.sims@us.ibm.com







Related Events





© 2024 MySolutionInfo.com