Mandar Lokegaonkar, the Founder & CEO of Piscis Networks, delivered an insightful presentation at the renowned Elets 15th NBFC100 Tech Summit. His focus was on the transformative potential of 4G technology in enhancing branch network connectivity, particularly for Non-Banking Financial Companies (NBFCs).
The Need for Reliable Connectivity
In today’s fast-paced world, reliable network connectivity has become indispensable for NBFCs. These institutions manage a wide array of branch locations, and the necessity for steadfast network connections cannot be overstressed. Traditional methods of establishing such connections have become outdated and inefficient.
Why 4G?
The entry of 4G has been revolutionary, particularly for remote and rural branch locations PAN India, and has become so good that one can start leveraging 4G and basically replace or add on to the existing branch connectivity options including wired/satellite connectivity. Mandar elaborated on several compelling reasons to adopt 4G:
- Stability: 4G has proven its stability over time. It’s been an integral part of our daily lives, from messaging and video streaming to more business-centric uses.
- Ubiquity: With pan-India coverage, 4G ensures that businesses can establish a branch anywhere in the country swiftly.
- Cost-Effectiveness: Operating a branch in remote locations using 4G is surprisingly economical.
- Sufficiency: Despite the impending rollout of 5G, 4G suffices for most current banking applications.
- Implementing 4G for Branch Connectivity
Mandar highlighted two primary ways of leveraging 4G:
- Backup to Wired Connectivity: In remote areas where disruptions are frequent, 4G can serve as a reliable backup.
- Primary Connectivity: A growing trend amongst many NBFCs is to exclusively rely on dual 4G connections from different providers, ensuring seamless operations.
The hardware innovations from Piscis Networks further amplify the strength of 4G connectivity. Their advanced equipment ensures high-speed and reliable connectivity, even in the most remote locations. To demonstrate, Mandar referred attendees to a live demo at their booth, emphasizing the stark difference in speed and reliability their equipment offers over standard connections.
Transformative Outcomes
Piscis Networks’ technology has been embraced by industry giants such as Axis Bank, SBI, Gokulam Chit Funds, and many more. The benefits are clear:
- Uninterrupted Connectivity: No more downtime due to traditional issues like fiber cuts.
- Rapid Deployment: Establish a branch in just a day, bypassing weeks or even months of setup time.
- Consolidated Billing: Deal with a single entity rather than multiple vendors, streamlining administrative tasks.
In conclusion, Mandar Lokegaonkar’s presentation at the Elets 15th NBFC100 Tech Summit underscores the importance and efficacy of 4G in revolutionizing branch network connectivity for NBFCs. As technology continues to evolve, it’s evident that those who adapt swiftly will thrive in the competitive landscape
Piscis Networks: Revolutionizing Connectivity with Managed SD-WAN
In today’s rapidly evolving digital landscape, seamless connectivity is the backbone of any successful business. To this end, let me introduce you to Piscis Networks, a proud forerunner in managed SD-WAN services.
What is Managed SD-WAN?
Managed SD-WAN is a game-changing technology that integrates both wired and wireless communications into a compact and efficient device. Piscis Networks excels in this arena with its innovative SD-WAN technology. This state-of-the-art device is not just compact, but it’s designed to take care of your entire branch’s connectivity needs while ensuring end-to-end secure communication.
The Perils of Open Internet Connectivity
Many NBFCs operate on open internet connectivity. This approach, while cost-effective, exposes businesses to significant security vulnerabilities. However, with Piscis Networks’ solution, enterprises can enjoy top-tier security without incurring additional capital or operational costs. This aligns perfectly with the expectations of the BFSI sector, ensuring that their branches operate securely.
A Made in India Marvel
Proudly designed, developed, and manufactured in India, Piscis Networks embodies the Indian spirit of innovation and cost-effectiveness. Our technology, proprietary and in-house, stands out as an affordable alternative to the more expensive solutions from legacy Western networking players.
The Tata Backing
Our association with Tata further strengthens our commitment to excellence. With their backing, we can bolster our research, development, and financial capabilities.
Products and Offerings of Piscis
Our offerings include robust hardware equipped with two SIM slots, facilitating seamless switching between providers like Airtel and Jio. We also boast an NMS (cloud-based software) that can effortlessly manage thousands of devices or branch locations through a single interface. This makes the deployment, management, and even billing processes smooth and efficient. Our services combine both hardware and software aspects, and we provide end-to-end managed services that include broadband and 4G solutions.
Given our extensive experience and data insights, we can offer superior managed 4G services. We maintain a comprehensive visibility across all the major 4G providers in India, enabling us to offer better-managed solutions than individual telecom operators.
All-inclusive Managed SD-WAN
Our managed SD-WAN service is comprehensive. From equipment installation to network configuration, we handle all the technicalities, freeing you from the nitty-gritty details. Our state-of-the-art Network Operations Center (NOC) operates 24/7, ensuring uninterrupted services. With our service, you get an impressive 99.99% uptime SLA guarantee, a testament to our confidence in our capabilities.
Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/
