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Thinspace Technology announced that in April 2014, India's The Shamrao Vitthal Cooperative Bank Ltd (SVC Bank) purchased, and over the past six months, implemented 1,000 Thinspace TSE licenses to deliver their core-banking software application to branches and customers across the country.
With a pan-India presence, the bank comprises of 158 branches spread across all major cities and towns in the country. The bank also developed a banking software that provides a Single Window Core Banking Solution - branded as 'Genius'.
Over the years, SVC Bank has successfully inter-connected all of its branches and ATMs, and joined the NFS Network to provide its customers with convenient access to a network of more than 110,000 ATMs throughout India.
SVC Bank selected Thinspace TSE for its implementations because of its easy deployment, local, high quality support, web based management and Opex-model pricing. For customers like SVC, TSE makes scalability easy and affordable, and avoids high upgrade costs, lack of support and real-time support associated with the competition.
Thinspace Technology Chief Executive Officer, Chris Bautista, commented, "We strive to provide the best desktop experience for the end-user, simple and easy management for the IT team, and a complete yet affordable solution for the CIO.
IDC predicts that 2014 is the year where desktop virtualization is going to become main stream given its advantages currently in demand: low cost, flexibility, secure and green. According to Gartner research, the global desktop virtualization market is expected to surpass $65 billion in 2015.
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