Tata AIA Life Insurance Company Limited deploys VMware cloud infrastructure

BANGALORE, India, August 21, 2012 — VMware, Inc. (NYSE: VMW), the global leader in virtualization and cloud infrastructure, today announced that Tata AIA Life Insurance Company Limited has selected VMware virtualization and cloud infrastructure technology to help the company reduce capital and operating costs, and accelerate their journey to the cloud. Tata AIA Life Insurance Company Limited is one of India’s leading life insurance companies with pan-India presence.

Tata AIA Life Insurance Company Limited has deployed VMware vSphere® to virtualize the company’s IT infrastructure. The VMware deployment has helped Tata AIA Insurance Company Limited consolidate its IT infrastructure from more than 90 servers to only 10 servers, helping the company save in capital and operational expenditure.

Tata AIA Insurance Company Limited has also invested in a disaster recovery solution to protect its IT infrastructure and data with VMware vCenter™ Site Recovery Manager™.

“As one of India’s leading life insurance companies, our priority is to optimize our IT support services and invest those savings back in the business to offer our customers a better experience. After evaluating options available, we were confident that VMware could help us achieve these goals,” said Samrat Das, Chief Information Officer, Tata AIA Life Insurance Company Limited. “VMware has given our business the flexibility and agility we need in the growing and competitive life insurance market.”

Indian life insurance companies that seek solutions to optimize their IT agility can differentiate themselves in a highly competitive market with innovative products and customer-centric service offerings so that they can increase their share of the Indian insurance pie.

“The highly competitive life insurance market in India requires players to be agile and to be able to quickly respond to changing market dynamics, while saving costs and meeting business objectives,” said T. Srinivasan, managing director, VMware India & SAARC. “We are pleased to partner with Tata AIA Life Insurance Company Limited, one of India’s leading life insurance players, and we believe that our products will help enable them to drive many of their business priorities.”

VMware’s technologies have empowered large, mid-sized and small enterprises in India to realize the benefits of increased agility, performance and scalability of their IT environments. Tata AIA Life Insurance Company Limited joins a growing list of financial services companies in India that have implemented VMware solutions.

About VMware
VMware is the leader in virtualization and cloud infrastructure solutions that enable businesses to thrive in the Cloud Era. Customers rely on VMware to help them transform the way they build, deliver and consume Information Technology resources in a manner that is evolutionary and based on their specific needs. With 2011 revenues of $3.77 billion, VMware has more than 350,000 customers and 50,000 partners. The company is headquartered in Silicon Valley with offices throughout the world and can be found online at www.vmware.com.

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VMware, VMware vCenter, VMware vCenter Site Recover Manager and VMware vSphere are registered trademarks and/or trademarks of VMware, Inc. in the United States and/or other jurisdictions. All other names and marks mentioned herein may be registered trademarks or trademarks of their respective organizations. The use of the word “partner” or “partnership” does not imply a legal partnership relationship between VMware and any other company.

About Tata AIA Life
Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture company, formed by Tata Sons and AIA Group Limited (AIA). Tata AIA Life combines Tata’s pre-eminent leadership position in India and AIA’s presence as the largest, independent listed pan-Asia life insurance group in the world spanning 15 markets in Asia Pacific. Tata Sons holds a majority stake (74 per cent) in the company and AIA holds 26 per cent through an AIA Group company. Tata AIA Life Insurance Company Limited was licensed to operate in India on February 12, 2001 and started operations on April 1, 2001.

About Tata
The Tata group comprises over 100 operating companies in seven business sectors: communications and information technology, engineering, materials, services, energy, consumer products and chemicals. The group has operations in more than 80 countries across six continents, and its companies export products and services to 85 countries.

The total revenue of Tata companies, taken together, was $83.3 billion (around Rs. 3,796.75 billion) in 2010-11, with 58 per cent of this coming from business outside India. Tata companies employ over 425,000 people worldwide. The Tata name has been respected in India for more than 140 years for its adherence to strong values and business ethics.

Every Tata company or enterprise operates independently. Each of these companies has its own board of directors and shareholders, to whom it is answerable. There are 31 publicly listed Tata enterprises and they have a combined market capitalization of about $79.40 billion (as on June 21, 2012), and a shareholder base of 3.6 million. The major Tata companies are Tata Steel, Tata Motors, Tata Consultancy Services (TCS), Tata Power, Tata Chemicals, Tata Global Beverages, Tata Teleservices, Titan, Tata Communications and Indian Hotels.

About AIA
AIA Group Limited and its subsidiaries (collectively “AIA” or “the Group”) comprise the largest independent publicly listed pan-Asian life insurance group in the world. It has wholly-owned main operating subsidiaries or branches in 14 markets in Asia Pacific – Hong Kong, Thailand, Singapore, Malaysia, China, Korea, the Philippines, Australia, Indonesia, Taiwan, Vietnam, New Zealand, Macau and Brunei and a 26 per cent joint venture shareholding in India.

The business that is now AIA was first established in Shanghai over 90 years ago. It is a market leader in the Asia Pacific region (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of US$114,461 million as of 30 November 2011.

AIA meets the savings and protection needs of individuals by offering a range of products and services including retirement planning, life insurance and accident and health insurance. The Group also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents and employees across Asia Pacific, AIA serves the holders of more than 24 million individual policies and over 10 million participating members of group insurance schemes.

AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code “1299” with American Depositary Receipts (Level 1) traded on the over-the-counter market (ticker symbol: “AAGIY”).

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Media Contacts:

Vivaan Gideon (VMware)
vgideon@vmware.com
+91 9972291924