Sicredi Achieves One-Hour Network Provisioning to Boost Agility
By slashing network provisioning time from 90 days to one hour, Sicredi and Equinix have set a new standard for operational resilience and agility in Brazil's financial services sector.
Key Facts
- Sicredi reduced network provisioning from 90 days to 1 hour, enhancing agility for digital initiatives.
- The 1.6 ms intercloud connection supports critical banking, revealing a competitive edge in service stability.
- Modernized connectivity architecture enables real-time adjustments, reducing operational complexity and costs.
- Resilience during Rio Grande do Sul floods highlights financial service continuity as a trust factor for members.
- Strategic shift to multicloud supports innovation, allowing Sicredi to quickly adapt to market demands.
Summary
Summary
Sicredi, one of Brazil's largest cooperative financial institutions, faced challenges with slow network provisioning that took up to 90 days. By partnering with Equinix and modernizing its connectivity architecture, Sicredi reduced provisioning time to just one hour, enhancing operational resilience and maintaining critical services during extreme weather events.
Background
Sicredi serves over 10.5 million members across Brazil's vast territory. Before the deployment, the organization struggled with a connectivity architecture that limited agility and responsiveness, making it difficult to support digital initiatives and integrate new partners efficiently.
Challenge
Sicredi aimed to address the lengthy network provisioning process, which could take up to 90 days. This bottleneck hindered the institution's ability to adapt quickly to business demands and support its digital transformation.
Solution
Sicredi implemented a software-defined connectivity architecture, replacing complex processes with an agile, automated system. This new model allowed for real-time provisioning and adjustments, significantly reducing the time needed for new circuit implementations and partner integrations.
Results
The new connectivity architecture cut network provisioning time from 90 days to one hour. It also ensured operational continuity during severe floods in Rio Grande do Sul, allowing Sicredi to maintain critical services for its members. The architecture supports performance close to on-premises infrastructure while enabling scalability and flexibility.
Key Insights
Organizations can enhance operational efficiency and agility by adopting software-defined connectivity models. Such transformations not only improve service delivery but also enable businesses to respond more effectively to market demands and unforeseen challenges.
Customer Testimonial
“At a financial institution, service stability is one of the pillars of member trust. We needed to connect millions of people to Brazil’s financial ecosystem with ever-greater levels of availability, performance and agility.” — Juliano Luz, Network Specialist at Sicredi.
Entities Mentioned
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Key Concepts
Definitions
- network provisioning
- The process of setting up and configuring network services, which in this case was reduced from 90 days to one hour.
- software-defined connectivity
- A flexible networking model that allows for real-time adjustments and automation of network management.
- multicloud
- A strategy that involves using multiple cloud computing services from different providers to enhance performance and availability.
- operational resilience
- The ability of an organization to maintain continuous operations during adverse conditions, such as extreme weather events.
- latency
- The time delay experienced in a system, particularly in network communications, which is crucial for providing a good user experience.
Use Cases
- →Reducing network provisioning time to enhance agility in digital initiatives.
- →Maintaining core financial services during extreme weather events.
- →Integrating digital ecosystems for core banking applications.
- →Improving member experience through low-latency connectivity.
- →Accelerating partner integration and project implementation.
- →Supporting critical workloads in multicloud environments.
Frequently Asked Questions
How did Sicredi reduce network provisioning time?
Sicredi implemented a software-defined connectivity model that streamlined processes, allowing them to provision network connectivity in just one hour instead of the previous 90 days.
What challenges did Sicredi face in Brazil's financial hub?
Sicredi faced the challenge of ensuring resilient, low-latency connectivity across Brazil's vast geography, which is essential for maintaining a secure and reliable financial experience.
What benefits did the new connectivity architecture provide?
The new architecture improved operational resilience, reduced complexity, and allowed for real-time adjustments to network capacity, enhancing overall service availability and performance.
How did Sicredi's network perform during extreme weather events?
During historic floods in Rio Grande do Sul, Sicredi's modernized network architecture maintained service continuity, demonstrating its resilience and ability to support critical banking services.
What is the significance of multicloud for Sicredi?
Multicloud enables Sicredi to leverage the scalability and flexibility of public clouds while ensuring performance and availability for critical banking workloads, enhancing their overall service delivery.