BSP now enjoys 99-percent accuracy in real-time asset monitoring, a 97-percent reduction in yearly licensing costs, and a reduction in network interfaces from 288 to 14.
AUSTIN, TX—February 21, 2023 — RF Code, a pioneer of automated, real-time physical asset lifecycle management and environmental monitoring solutions for data centers, today announced the addition of BSP Financial Group Limited (BSP), an iconic bank in Papua New Guinea and the Pacific, to its customer base. In partnership with Oper8 Global, a leading global edge data center solutions and deployment provider, RF Code replaced BSP’s DCIM and data center asset management legacy systems across seven countries with a next-generation edge solution model.
“Through Oper8’s Premier Solution Partnership with RF Code, we preconfigured RF Code gateways along with asset and environmental sensors, which were then sent directly to BSP’s remote locations, some of which were in countries like Papua New Guinea where getting feet on the ground can be challenging. By offering a solution that automates the IT asset management and change management process, BSP largely eliminates the cost and time associated with IT Audits. Additionally, the environmental problem is addressed by providing real-time environmental information at the rack level that allows BSP to react quickly to any situation affecting their most critical assets,” says Dale Quayle, CEO of RF Code.
Data center outages cost banks billions of dollars in lost revenue and fines every year. Monitoring and management of facilities and assets help ensure service availability and prevent costly downtime. Historically, BSP operated three separate systems to manage and monitor multiple data centers throughout the region. Working together these systems could not provide a single source of information and a detailed level of intelligence into how the facilities were performing, or the capacity used or remaining in a rack, pod, row, or the center as a whole. In short, BSP was experiencing inaccurate asset management, with hardware often being misplaced or installed in incorrect locations.
“The next-level edge-based wireless monitoring solution presented by Oper8 and RF Code required very little configuration, minimal technical expertise, and was set up in a matter of minutes. Once the integration was complete the team immediately saw financial and time-saving improvements. Now, with 99 percent accurate knowledge on where assets are in real-time, we can make informed decisions on installation locations and downtime is a thing of the past,” says Richard Nicholls, BSP Head of IT.
BSP now maintains crucial infrastructure 24 hours a day, seven days a week for its customers. Other advantages of the solution developed by Oper8 Global and RF Code include:
- Real-Time sensors for Fluid, Diesel, Power, Temperature, and humidity alert on-call teams across all locations via SMS and Email.
- 97 percent reduction in yearly licensing costs
- Reduction of 288 network interfaces to 14
- Custom data notifications
- The ability to monitor facility operations and enhance operational performance (PuE)
- Custom dashboards and alerts for all individual countries and individual data centers
“The teamwork between Oper8 Global and RF Code allows BSP a single ‘pane of glass’ to see all of the company’s geographically diverse data in one location. The team can create reports themselves and, in turn, utilize those reports to ensure their services' high availability and performance. This solution has preserved the bank's brand and reputation while ensuring that employees in key roles can perform their tasks most effectively,” says Mike Andrea, CEO of Oper8 Global.
About RF Code
RF Code is an innovator of autonomous asset intelligence solutions. RF Code’s real-time, active RFID technology improves IT asset tracking accuracy, complete asset lifecycle management, and inventory utilization at data centers and edge locations. Autonomous IT asset tracking and enhancement help RF Code customers eliminate manual error costs, optimize processes, maintain uptime, and comply with regulatory requirements. With patented wire-free active RFID sensors, open APIs, and real-time reporting capabilities, RF Code can be easily integrated with existing IT, facilities, and business systems.
RF Code is based in Austin, TX, and serves more than 200 organizations worldwide including Fortune 500, systems integrators, and value-added resellers. Additional information can be found at http://www.rfcode.com.
About Oper8 Global
Global Oper8 Global Ltd, with offices in Oxford, United Kingdom (serving EMEA and Latin America), and Brisbane, Australia (serving APAC), enables custom data center solutions with key expertise in Edge, Modular, Security, and HPC solutions. Services include Edge and IoT solutions, data protection and security, and turnkey data center design and build including commissioning, product supply, environmental audits, and operational maintenance services. Oper8 Global supports customers throughout Europe, the Middle East, Africa and Latin America, and the Asia Pacific. Oper8 was named RF Code Global Integration Partner of the Year. Visit: oper8global.com
About BSP
BSP Financial Group Limited (BSP) formerly Bank of South Pacific Limited, is an iconic and unique bank in Papua New Guinea and the Pacific, recognized for its strong commitment to the region. We are a major commercial banking and finance group with assets of approximately PGK28.9 billion. BSP has the largest branch network in Papua New Guinea, Cook Islands, Fiji, Samoa, Solomon Islands, Tonga, and Vanuatu with sub-branches and agents in rural locations. The BSP Group employs 4000+ people across the Pacific and proudly supports the communities that we operate in, Community Projects, Sports, Education, Health, Culture, and Financial Literacy.
Our branch network is complemented by electronic banking networks that can meet the banking needs of all customers wherever we operate.
- 70+ Branches
- 13 Premium Service Centres
- 40+ Sub Branches
- 300+ Agents
- 550+ ATMs
- 11,000+ EFTPoS
We’re proud of our whole bank capabilities whereby our teams in Corporate, Retail, Paramount, and Treasury can provide solutions to our clients, drawing on our capabilities and broad presence. This capability is unmatched by our competitors. PNG and the Pacific are our home. We have the knowledge, history, experience, and commitment to the region that other financial institutes cannot offer.
www.bsp.com.pg/About-Us/Welcome-to-BSP
Media and Analyst Contact
Joe Fox
Intersect Communications, for RF Code
917.428.7676
Lavina Mul | Manager - PR & Communications | Email: lmul@bsp.com.pg or Email: PR@bsp.com.pg
Gorethy Semi | Head of Marketing and PR | Email: gsemi@bsp.com.pg
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