Habib Bank Limited (HBL), Pakistan’s biggest bank has geared up efforts in a bid to promote transparency and to migrate all its critical data related to human resource management on the cloud, said senior official.
“Our goal now is to take HR (human resource) system of the bank to mobile phones by means of cloud and mobile apps,” said Tayyaba Hussaini, head of HR and Projects at HBL. “We have to settle down for a hybrid system as central bank forced restriction for switching critical data to cloud.”
Hussaini, after the conclusion of Oracle Open World 2017, told that HBL has 1,700 branches and 15,000 employees and it is problematic mission to carry out affairs, evaluate performance and resolve compensations manually.
The 5day Oracle meeting concluded on 5 October. HBL in its last 75 years of span bank did not have a merged data integrated to help improve its operations.
“There are modules on talent, employees’ performance, compensation and learning management integrated with cloud data,” said bank’s official.
Waqas Hashmi, country director sales at Oracle Corporation (Pakistan and Afghanistan) said financial services and telecom sectors are severely regulated in Pakistan and to retain big data within geographical boundaries.
Oracle, multinational technology firm has been operating primarily as a software development company for the last 40 years. Oracle cloud supporting 70 million users and 33 billion transactions or more each day and runs on 54,000 devices and more than 700 petabytes storage in 19 data centers.
Hashmi said subscribers of cloud services do not have to bother about network bandwidth is a ‘latency’ issue in Pakistan.
Oracle’s official said cloud technology makes business decision-making and innovation too relaxed.
Pakistan’s corporate sector is rapidly migrating to cloud technology.
DG Khan Cement, a leading cement manufacturer in Pakistan, is early adapters of Oracle technologies or cloud.
Aslam Khan, chief technology officer at DG Khan Cement said initially faced communication lag due to the internet issues but when upgraded the link with the support of Oracle problem solved.”
DG Khan Cement, a business concern of Nishat Group, planned to use machine learning to understand market trends and make forecast. “Our target is to manage big data generated during our operations and leverage it for market predictions, identifying trends and informed decisions,” Khan said. “We will subscribe to technologies and take advantage of internet.”