| It has been reported that Kuwait Islamic Bank (KIB) is being recognized by Microsoft for being the first Islamic bank to implement the Private Cloud Model. The Cloud has been made famous by Apple, on the premise that the most convenient way to keep information is in a virtual database.
Microsoft’s Private Cloud is a new model for delivery which turns the infrastructure of a data center, such as one at a bank, into a single cloud allowing for cloud computing. This will allow KIB to operate more smoothly and to host new application that previous IT models could not support...............................................Full Article: Source
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