Benchmarking a migration the Minfy way

SREI Equipment Finance Ltd. has emerged as one of the major equipment financiers in India. The company enjoys a Pan-India presence with 89 branches and 4 offices, across 21 states.

With a planned road map and a specialized team Minfy did a phased migration. Specialized tools bought minimal downtime and the Minfy IP was leveraged to give the most cost optimized solution for File system integration.

Minfy Viewpoints

• High capital investment in procuring infrastructure
• Outages resulting in loss of both business and brand value
• Difficulty in scaling the infrastructure
• High operational costs in DC maintenance
• No cost-effective solution for setting up the DR which was mandated by RBI

Minfy’s Unclouded Answers

Step 1

An assessment phase anchored by a specialized team - Network, OS, Middleware, DB

Step 2

• Phased Migration approach of Non-critical workloads to begin with as a first step towards immersion into cloud technology for the customer
• Monolithic, complex and mission critical applications were migrated using specialized tools to ensure no data loss and minimal downtime
• Minfy’s IP was leveraged to give the most cost optimized solution for File system integration

Step 3

• The total cost of operations of the DR was optimized at 15% of primary DC TCO which was earlier at 40%
• Minfy’s Migration Solution was audited & approved by Gartner without any anomalies thus helping us in setting the benchmark for BFSI & NBFC customers to start cloud adoption.

“Phased migration with minimal downtime and a specialised approach meant we work to a well-designed journey “

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