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ESDS Bags Business & Service Excellence 2012 Award!
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Tuesday, July 10, 2012:
ESDS Software Solution Pvt. Ltd. led by entrepreneur Piyush Somani, has bagged yet another prestigious award for "Most Promising Banking Technology Solutions & Services Provider’ at the Business & Service Excellence Awards 2012 held at Hotel Four Points by Sheraton, Navi Mumbai. The award was presented to ESDS by one of India's Most Versatile Actors, Mr. Anupam Kher in the presence of distinguished gathering at the venue.
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The Business & Service Excellence Awards are conducted annually by BIG Brands Research, a multi-faceted organisation that has several business interests including market research and brand management. These awards are given away to business organizations and professionals annually based on their service quality, leadership position in the industry, dedication to customer satisfaction, positive entrepreneurial initiatives, exemplary business practices, feedback from the end customers and the industry and business growth. To judge winners in various categories, BIG Brands Research collects inputs from end consumers in different segments regarding their satisfaction level from products and services being offered by the different organizations and professionals from various geographical locations.
ESDS has been conferred upon the 'Most Promising Banking Technology Solutions & Services Provider' for the giant strides it has taken in the last couple of years to augment its services portfolio to the banking sector in India. ESDS offers end to end core banking services along with microfinance and Financial Inclusion Services ensuring the availability of banking services at an affordable cost. Banking business has evolved over a period and grown exponentially around an entire gamut of products and transactions under a wide umbrella which prompted ESDS to provide the banking sector with the right products at the right time through the right channels 24 hours a day, 7 days a week.
ESDS' suite of services to the Banking sector comprises of services like Core Banking Offering for Banks & Credit Societies, Hosted Core Banking Solution or SaaS, Disaster Recovery as a Service (DRaS), Datacenter Turnkey Solutions, Datacenter Hosting for Banks & Financial Institutions and Document Management System. ESDS' Hosted Core Banking Solution provides banks, credit societies and micro-finance institutions access, via internet, to core banking software hosted and fully managed by a highly skilled team of technology specialists while the Hosted Banking on SaaS model allows financial institutions to "rent" software on an on-demand basis, thus avoiding large up-front license fees and providing flexibility to scale up as they grow. It also substantial reduction in upfront investment in hardware infrastructure and also minimizes the burden on local IT staff.
ESDS Disaster Recovery as a Service (DRaS) on eNlight Cloud saves up to 90% of the DR costs. It is a completely automated solution and saves time to set up a DR site and restore the DR and main site in case a disaster strikes. DRaS coupled with eNlight Cloud enables banks to utilize a single DR site to act as a backup for multiple Bank Branches across the globe. DRaS can save 50-85% of the hardware costs since only one DR site takes care of all the branches.
To judge the winners from among various nominated companies and professionals, BIG Brands Research conducted a research study for over a period of 6 months and with more than 50 field executives collecting the data from across the different cities in Maharashtra & Goa. The primary objectives of this comprehensive market research study were to identify and recognize service excellence, associated innovations and best practices that lead to exemplary performance and to highlight the importance of pursuing customer satisfaction in today’s competitive and ever-evolving business environment.
"At ESDS, our solutions service the best breed of the banks, and incorporate deep business functionality. These solutions have enabled our banking sector clients to differentiate their services, making them more competitive in the market place." said Piyush Somani, CEO & MD of ESDS. "It is an extremely proud moment for ESDS to be conferred with this award and this will further boost the resolve of our organization to proliferate hard work in the future" he concluded.
This award is the latest addition in a series of many prestigious awards & accolades that ESDS has already bagged in the last couple of years. These awards are recognition of the efforts the company has taken up for various unique initiatives.
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