Dynacons Systems & Solutions Ltd saw its shares climb over 3% in morning trade after the company announced a major project win worth ₹74.99 crore. The deal marks a significant milestone for Dynacons, as it will be delivering a full-scale Digital Workplace Solution powered by a Device-as-a-Service (DaaS) model for Jammu & Kashmir Bank over a five-year period.
Jammu & Kashmir Bank, headquartered in Srinagar and operating more than 1,000 branches along with 1,400 ATMs across India, has been pushing aggressively toward modernizing its digital infrastructure. With its vast network connected through a strong WAN system, the bank is now taking the next step in its transformation journey by partnering with Dynacons to overhaul workplace technology across its operations.
The new project involves the deployment of 9,851 advanced desktops across 1,019 branches nationwide. Delivered entirely through an Opex-based DaaS model, the solution will manage the full lifecycle of each device, from procurement and configuration to support, security updates, and responsible e-waste handling. For the bank, this approach brings predictable operational costs, stronger cash-flow planning, and a smoother, more scalable IT environment that can easily adapt to remote and hybrid workforce needs.
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