KBZ Group Eyes “Digital Transformation” with Microsoft Tie Up

Local conglomerate Kanbawza (KBZ) Group is set to modernise its IT infrastructure with Microsoft solutions in a bid to enhance productivity and improve customer service.

The “Enterprise Agreement” with KBZ is the largest of Microsoft’s IT deal in Myanmar to date.

KBZ Bank, the group’s subsidiary and the largest commercial bank in the country, will see the rollout first, while the digital transformation will at a later stage involve the other subsidiaries of the group, which has interests in mining, banking, aviation, insurance, manufacturing, agriculture, real estate, trading, healthcare, tourism and hospitality.

The bank will transform its IT infrastructure with Microsoft SQL Server 2012, Windows Server 2012, and System Center 2012, enabling it to deliver cloud and mobile-optimised IT services in a secure environment covering more than 7,000 PCs. It will also provide productivity and collaboration tools to its workforce with Windows 10 devices, Skype for Business and SharePoint. KBZ Bank said it expects to fully implement the IT transformation in 12 months.

KBZ Group said it will benefit “significantly from” leveraging Microsoft’s cloud and mobile-ready technology for enterprise-wide collaboration.

Stephane Lemoureux, IT Director, KBZ Group, said, “This partnership not only enables us to grow our business, but also raises our brand value in both the country and region due to our commitment to security and intellectual property rights. For example, Microsoft Sharepoint, Skype for Business and Office Pro Plus will alleviate a lot of current mundane and manual processes at the organisational level and will help maximize efficiency.”

Microsoft said KBZ Group’s investment in a more robust IT infrastructure, cloud and mobile solutions will better enable it to compete in a dynamic marketplace as Myanmar opens its doors to foreign financial services companies.

Michelle Simmons, General Manager, Southeast Asia New Markets, Microsoft Asia Pacific, said, “Microsoft has established its presence in Myanmar since 2013, and this latest partnership marks a major milestone for us as we grow our presence in both the country and the region.”

The American tech giant said high capacity servers and network infrastructure will be deployed to host all applications in the future based on demand and growth. Enterprise mobility solutions will also be deployed in the near future, which will further raise efficiency of both people and processes, it added.

The deal reflects the rapid development and potential of Myanmar’s financial services industry, which is set to embark on the course of digital transformation.

“Myanmar’s banking industry is on the fast track to modernisation,” said Bertrand Launay, vice president, Microsoft Asia Pacific. “We look forward to growing our presence in Myanmar to enable its organisations, the IT ecosystem and its people to do more, connect and transact digitally as the country takes on a rapid path towards growth.”

Source: Myanmar Business Today

NB: The best way to find information on this website is to key in your search terms into the Search Box in the top right corner of this web page. E.g. of search terms would be “property research report”, ”condominium law”, "Dagon City", “MOGE”, “yangon stock exchange”,"MECTEL", "hydropower", etc.

To learn about the business opportunities in Myanmar click here

To evaluate the various segments of the market that you could possibly enter base on your competencies you can do a Custom Market Entry Strategy Research. You can see a sample report at page "Actual Sample of Client Report”. Click here to go to page.

Do you know that IE Singapore is giving up to SGD 20,000 support for Singapore company to venture into Myanmar? To learn more click here