IBM has unveiled the z13 mainframe servers, which will provide real-time encryption on all mobile transactions, targeting e-commerce and m-commerce firms in India.
Tech giant IBM has unveiled the z13 mainframe servers, which will provide real-time encryption on all mobile transactions, targeting e-commerce and m-commerce firms in India. IBM z13 is the first system able to process 2.5 billion transactions a day.
Its transactions are persistent, protected and auditable from end-to-end, IBM said in a statement.
“z13 system culminates a $1 billion investment, five years of development, exploits innovation of more than 500 new patents and represents a collaboration with over 60 clients underscoring IBM’s singular commitment to providing higher value, innovative technologies to clients,” it added.
The rapid growth of mobile applications has created consumers who expect mobile transactions to be fast and seamless – regardless of which mobile payment platform, retailer, or financial organization is providing the service. As a result, businesses are being forced to evaluate whether their IT infrastructures can support mobile applications that meet and exceed these consumer expectations — or face the potential of losing clients to competing businesses.