Nuage Networks, the Nokia venture focused on software-defined networking (SDN) solutions, announced a significant addition to its roster of global financial customers with its first SDN-based, large enterprise project win in China with China Pacific Insurance Company (CPIC), the country's second-largest property insurance company.
The private cloud SDN project, won via Nokia Shanghai Bell, will use Nuage Networks Virtualized Services Platform (VSP) in two CPIC data centers: one to integrate the dispersed IT systems of 82 branch offices into one unified private cloud platform, and the second to assist in building and testing the company cloud for R&D. As a result, CPIC can achieve improved flexibility, agility and security, all while simplifying network operations and lowering IT costs.
“Nuage Networks VSP has a clear momentum in the telecoms industry, and we’re excited to bring that same technology to large enterprises here in China, in this case helping CPIC deliver a unified cloud experience,” said Jin Jian, head of the Enterprise & Public Sector unit at Nokia Shanghai Bell.
“Working with a top insurer like CPIC serves as an excellent reference for the broader industry, and we see this as an opportunity to win more large enterprise projects in China, continuing Nokia’s push into vertical markets beyond the telecoms space,” Jian added.
Nuage Networks VSP will enhance CPIC's efficiency by increasing scale and reducing errors with a centralized policy manager. The solution gives CPIC and other financial institutions greater agility to automate the configuration, management and optimization of virtual networks, including security services for individual applications and workloads.
The contract builds on Nokia's track-record of helping financial services companies to digitally transform, a key focus of the company as it expands its customer base beyond the traditional telecommunications sphere. Deployment started in August 2017.