NAB delivers its data centre modernisation program

Share

Share

Since opening in 2013, NAB’s Deer Park Data Centre is rapidly reducing business operating costs and delivering environmental benefits.

The state-of-the-art facility was purpose-built for NAB and is one of the best of its kind in Australia.

Group Executive Enterprise Services and Transformation, Renée Roberts said the data centre modernisation program had set NAB up with the right infrastructure to deliver faster and more enhanced service to customers.

“Our data centres are the technology backbone of our bank, every customer transaction flows through them, so it’s essential we have the most up-to-date infrastructure available,” she said.

“We’re now running more than $250 billion in transactions daily out of Deer Park Data Centre, and we’ve also decommissioned our East Melbourne Data Centre that was decades old.

“NAB’s technology team has worked tirelessly to deliver these major technology milestones, which represent one of the biggest transformation projects in our bank’s history.”

The Deer Park Data Centre is home to more than 900 technology applications and is on track to deliver, or exceed estimates of $22 million in cost savings over the next ten years.

The Deer Park Data Centre is also exceeding expectations in its environmental benefits through its efficient use of energy and water.

“Deer Park is 50 per cent more energy efficient than our East Melbourne Data Centre,” Mrs Roberts said.

“It also has a state-of-the-art air cooling system that doesn’t use a single drop of water, which has led to a 97 per cent reduction in water use.”

NAB’s modernisation program will continue to remove complexity and legacy technology systems and ensure the business is future-proofed.

Economy

SEE ALL TOPICS

Related Articles

  • Affordable housing

Tiny homes the key to big housing affordability challenge

Can tiny homes solve the housing affordability crisis? This form of modular housing is helping community housing provider and NAB customer Junction get homes on the ground.

  • 21.03.2024
  • Time to read 1 min read
  • Small Business

Small businesses seek AI to reduce paperwork and increase profits

NAB Bookkeeper, NAB’s new bookkeeping tool utilises machine learning, a form of AI, to help reduce admin time for small businesses by up to five hours per week so they can focus on the bigger picture.

  • 18.03.2024
  • Time to read 2 min read
  • Business

NAB reports record jump in business finance for EVs as uptake accelerates

New data from Australia’s largest business bank shows businesses are driving the switch to electric vehicles with the value of the bank’s EV loan book growing by a record 224% year-on-year.

  • 29.02.2024
  • Time to read 3 min read

Quick links

Business Research and Insights

For more economic news, insights and analysis, visit NAB’s Business Research and Insights