The country’s largest private bank plans to set up a digital factory and an enterprise factory. Under this, providing employment to people and banking facilities will be improved.
The country’s largest private bank, HDFC Bank has expanded its plans to set up a digital factory and an enterprise factory. Through this, the bank will not only strengthen the IT infrastructure, but will also provide opportunities for employment in this sector. According to the bank, it will strengthen the capabilities of digital and enterprise factories by employing about 500 people. These jobs will be related to diverse fields like Data Analysis, Artificial Intelligence, ML, Design Thinking, Cloud and DevOps.
According to the bank, this plan will be developed in the next two years. Proposal has been prepared to set up Digital Factory and Enterprise Factory. Promotion of digital process will lead to development in the Indian financial services sector. This will help improve customer experience and increase efficiency.
Advantages of Digital and Enterprise Factory
Digital Factory will introduce new business and innovative solutions with the help of new technology apps, higher flexibility and monitoring capabilities. The efficiency of planning will increase with the use of better technology. Along with this, bank future ready technologies will also be developed. This will do a better job in less time. An indigenous cloud architecture is being developed in collaboration with leading technology companies, fintechs and other large IT companies. The efforts of Digital Factory will strengthen the reliability and security system. The system will be upgraded by removing the traditional things from the enterprise factory. Apart from this, its capabilities will be developed by adopting open-source.
Customers will get convenience
HDFC’s Cards, Payments, Digital Banking and IT Group Head, Parag Rao says that banking facilities will also be expanded through digital and enterprise factories. With this, customers will be able to do other financial work including transactions sitting at home through digital medium. This will also save time. This technique will help in understanding the strategy to ‘build’ the bank for the future.
He also said that HDFC has led the digital transformation in the Indian financial services sector since its inception. Also, technology has been used to improve the customer experience. It will be further improved in future also.
