Next Bank Adopts IBM Cloud Solutions to Accelerate Digital Transformation in Egypt
Cairo, Egypt – [Date] – Next Bank, one of Egypt’s leading banks offering comprehensive financial solutions for individuals and businesses, has announced the adoption of IBM Instana®, IBM Turbonomic®, and IBM Cloud Pak®, in partnership with Elham Software Solutions, to accelerate its digital transformation journey.
The bank’s implementation of these advanced technologies aims to establish real-time monitoring, automated resource optimization, and seamless system integration. This initiative is designed to enhance operational resilience, reduce downtime, and improve IT resource utilization, ultimately delivering faster and more reliable digital banking experiences to customers.
In light of the rapid shift in Egypt’s financial sector toward smarter digital banking models, Next Bank is modernizing its core technology infrastructure to overcome legacy system limitations. The digital upgrade focuses on improving operational efficiency, speeding up service delivery, and strengthening collaboration with fintech partners to provide innovative and secure customer experiences.
To optimize application performance, the bank deployed IBM Instana® for real-time monitoring across its digital banking platforms, enabling proactive problem detection and faster issue resolution. Simultaneously, IBM Turbonomic® ensures intelligent automation of IT resources across hybrid cloud environments, helping the bank maximize resource utilization, reduce operational costs, and maintain consistent performance at scale.
Marwa Abbas, General Manager of IBM North East Africa, said:
"We are proud to support Next Bank in building a high-performance cloud-based digital banking environment, powered by real-time monitoring, intelligent resource optimization, and integration automation. With IBM Instana and Turbonomic at the core of this transformation, the bank gains the visibility and control needed to enhance resilience, improve performance, and drive innovation."
Kamal Haddad, Founder & CEO of Elham Software Solutions, added:
"As a Platinum IBM partner, our collaboration with Next Bank goes beyond technical implementation, forming a joint journey toward comprehensive digital transformation. Over the past six months, Next Bank’s teams have developed advanced technical and operational capabilities, producing tangible and impactful results, and setting the stage for even greater achievements in the future."
Next Bank’s digital transformation also emphasizes capacity building and long-term sustainability, providing structured workshops and online training programs on monitoring, analysis, integration, automation, and DevOps practices. This approach enhances internal expertise and supports the bank’s roadmap for continuously expanding its digital services across business lines.