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Avanza inks pact with Multinet to deliver Cloud Services

January 24, 2014

Our Staff Reporter

Avanza Solutions signed a Memorandum of Understanding (MoU) with Multinet announcing collaboration on delivering Cloud Services together. Avanzaís cutting-edge banking and business software will be offered as a service ( SaaS ) on Multinetís infrastructure. This strategic alliance will help Avanza Solutions to provide convenient value-added cloud services, ultimately bringing greater efficiency and smarter experience to the clients, hosted on Mulinetís reliable data centers. The Memorandum of Understanding on the delivery of Cloud Services was signed by Mahmood Kapurwala (CEO, Avanza Solutions) and Adnan Asdar (CEO and Executive Director, Multinet Pakistan) in the presence of other senior officials from both companies. Advanced IT solutions offer cost-conscious organisations many monetary and operational advantages, while enabling them to conduct their business in an easier and smarter manner. Cloud-based IT services, especially Software as a Service ( SaaS ) model, are means of delivering software solutions over the Internet as a service. That is, instead of installing and maintaining the software, one can simply access it via the Internet without indulging into complex software and hardware management.

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Source: Nation (Pakistan)

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