Iris Waves, a leading System Integration and Cloud Solution Provider under the Iris Group, has successfully deployed an advanced Cloud Security and Endpoint Patch Management Solution for Bank of Baroda (BoB), India’s second-largest public sector bank. Powered by Persistent’s Sentient Endpoint Manager, the deployment significantly boosts BoB’s cyber defence posture at a time when regulatory pressures and highly sophisticated cyber threats continue to intensify across the BFSI sector.
Strengthening BoB’s Cyber Hygiene Through Unified, AI-Driven Patch Management
The deployment enables Bank of Baroda to centrally manage and update 75,000 endpoint systems across its nationwide branch network using a single unified agent. This real-time, AI-driven patching approach ensures continuous security compliance, reduces system vulnerabilities, and enhances business continuity by minimizing downtime across critical banking operations.
High-Value Engagement with Long-Term Expansion Potential
The project, awarded with a three-year support contract valued at ₹5 crore, marks a strategic milestone for Iris Waves in the BFSI industry. With Bank of Baroda headquartered in Mumbai and operating a primary data centre in Hyderabad, the bank is expected to expand its deployment by an additional 25,000 endpoints every year — especially as services extend to Regional Rural Banks (RRBs). This expansion is projected to add nearly ₹2 crore in annual recurring revenue for Iris Waves.
Accelerating Growth Across BFSI, Manufacturing, Education, and More
Following this successful rollout, Iris Waves is aggressively pursuing similar large-scale cyber security and endpoint protection opportunities across BFSI, manufacturing, industrial automation, hospitality, and research sectors. A major project currently in the pipeline is with Punjab National Bank (PNB), which involves managing more than 5 lakh endpoints — one of the largest potential cybersecurity deployments in the country.
Industry Recognition and Strong Momentum Within the Iris Group
Reflecting its rising stature, Iris Waves was recently honoured at major ICT forums with accolades including the Best VAR Award 2024 and Best MPS Solution Provider 2025. These recognitions highlight the company’s excellence in service delivery, customer responsiveness, and transparent operations.
Operating alongside Iris Global Services, Iris Rentals, Iris Financials, Iris Care, and Iris Essentials, Iris Waves plays a key role in driving the Iris Group’s growth. The Group is on track to achieve a turnover of ₹4,000 crore in FY 2025-26, with cybersecurity, managed printing, and IT infrastructure projects serving as core growth engines.
Iris Waves’ successful Bank of Baroda deployment underscores its expanding leadership in delivering secure, scalable, and enterprise-ready technology solutions across India’s evolving digital ecosystem.
Leadership Quotes
Speaking on the achievement, Mr. Mukul Bhardwaj, Product Manager at Iris Waves, said “We are proud to empower Bank of Baroda with a resilient, enterprise-grade solution that ensures secure, real-time IT operations across their nationwide footprint. This engagement reflects our ability to deliver scalable, mission-critical solutions to institutions of national importance.”
Commenting on the company’s vision, Mr. Himanshu Chawla, Director, Co-Founder & Tech Evangelist at Iris Waves, noted “Our mission is to integrate cutting-edge technologies into purpose-built solutions that address the unique needs of enterprises. Partnering with Bank of Baroda demonstrates the trust leading institutions place in our capabilities and reaffirms our commitment to securing India’s digital future.”
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