Polaris Software Streamlines Global Network With Verizon Business

SINGAPORE and MUMBAI, India - Polaris Software Lab, one of India's leading IT services companies, has selected Verizon Business to streamline the company's global sites and enhance business communications.

Verizon Private IP is being rolled out across Polaris Software Lab's global network to provide a secure, resilient foundation that offers reliability and flexibility. In addition, the multiprotocol-label-switching (MPLS) based service can easily be scaled to support the company's ongoing global expansion plans. 

Polaris Software Lab develops innovative software and business solutions for the global banking, financial and insurance sectors. Headquartered in Chennai, the company employs more than 10,000 solution architects, domain experts and technology experts around the world, working from sites in Australia, India, Singapore and the United States.

Intellectual property is the driving force behind Polaris Software Lab's global products and services.  As a result, the company wanted to maximize the potential of its global network infrastructure to facilitate the swift and secure exchange of business-critical information across key voice, data and various enterprise applications to support software-development projects.

In addition, the company plans to achieve significant cost and management efficiencies, as well as enhanced redundancy and resilience.

Verizon Private IP - a network-based, virtual private network (VPN) - offers customers secure, scalable and flexible network connections with integrated performance- and traffic-management capabilities. Verizon Private IP will not only support the fast and efficient addition of new sites as the company expands, but also provide the capacity for future IP-based conferencing and unified communications solutions to enhance global collaboration.

V. Balakrishnan, Polaris Software Lab's chief information officer, said: "We have historically operated on point-to-point networks, which offered neither the reliability nor flexibility we needed to support our continued global expansion.  We needed a communications platform that would essentially future-proof our business in terms of both geographical expansion and technical capabilities.  Verizon Business combined a strong technology solution with global presence, local expertise and strong service to give us a solution that would support both our current and future communications needs." 

Andrew Dobbins, Verizon Business regional vice president, Asia-Pacific, said: "Global companies like Polaris Software Lab need resilient and reliable communications solutions that enable them to focus on their core business operations. It is always gratifying when IT experts recognize the value that our expertise and global reach can bring to their business, and decide to entrust us with the provision of their global communications infrastructure. We look forward to working with Polaris Software Lab to seamlessly deliver its evolving global communications needs as the company continues to expand around the globe."

About Polaris Software Lab
Polaris Software Lab (POLS.BO) is a recognized global leader in Specialty Application Development for the Banking, Financial and Insurance sector, with its comprehensive portfolio of products, smart legacy modernization services and consulting. Polaris has a talent strength of over 10,000 solution architects, domain experts and technology experts and owns the largest set of Intellectual Properties in the form of a comprehensive product suite and nine banking platforms for Retail Banking, Corporate Banking and Investment Banking.  For more information, please visit http://www.polaris.co.in

About Verizon Business
Verizon Business, a unit of Verizon Communications (NYSE: VZ), is a global leader in communications and IT solutions. We combine professional expertise with the world's most connected IP network to deliver award-winning communications, IT, information security and network solutions. We securely connect today's extended enterprises of widespread and mobile customers, partners, suppliers and employees - enabling them to increase productivity and efficiency and help preserve the environment.  Many of the world's largest businesses and governments - including 96 percent of the Fortune 1000 and thousands of government agencies and educational institutions - rely on our professional and managed services and network technologies to accelerate their business. Find out more at www.verizonbusiness.com