{"id":53981,"date":"2026-08-13T10:24:50","date_gmt":"2026-08-13T04:54:50","guid":{"rendered":"https:\/\/dailynewsindia.co.in\/index.php\/2026\/08\/13\/punjab-national-bank-pnb-to-deploy-magellanic-clouds-e-surveillance-solutions-across-1000-atms-nationwide\/"},"modified":"2026-08-13T10:24:50","modified_gmt":"2026-08-13T04:54:50","slug":"punjab-national-bank-pnb-to-deploy-magellanic-clouds-e-surveillance-solutions-across-1000-atms-nationwide","status":"publish","type":"post","link":"https:\/\/dailynewsindia.co.in\/index.php\/2026\/08\/13\/punjab-national-bank-pnb-to-deploy-magellanic-clouds-e-surveillance-solutions-across-1000-atms-nationwide\/","title":{"rendered":"Punjab National Bank (PNB) to Deploy Magellanic Cloud\u2019s E-Surveillance Solutions Across 1,000 ATMs Nationwide"},"content":{"rendered":"<div>\n<p class=\"wp-block-paragraph\"><strong>Hyderabad (Telangana) [India], August 13:<\/strong> <strong>Magellanic Cloud Limited (NSE: MCLOUD | BSE: 538891),\u00a0<\/strong>today announced that its wholly owned subsidiary,\u00a0<strong>IVIS International Private Limited (IVIS),<\/strong>\u00a0has secured multiple Purchase Orders from\u00a0<strong>NCR Corporation India Private Limited<\/strong>, comprising both\u00a0<strong>Capex and Opex components<\/strong>, for providing\u00a0<strong>E-Surveillance Solutions across Punjab National Bank (PNB) ATM sites<\/strong>. The Purchase Orders have an aggregate value of approximately\u00a0<strong>\u20b918.4 Crore over a period of 5 years<\/strong>.<\/p>\n<p class=\"wp-block-paragraph\"><strong>Strategic Impact &amp; Growth Highlights\u00a0<\/strong><\/p>\n<ul class=\"wp-block-list\">\n<li><strong>\u20b9<\/strong><strong>18.4 Crore Order<\/strong>: Multiple Purchase Orders secured from NCR Corporation India Private Limited for E-Surveillance Solutions across PNB ATM sites.\u00a0<\/li>\n<li><strong>1,000 ATM Sites<\/strong>: The deployment covers\u00a0<strong>1,000 PNB ATM sites<\/strong>, highlighting the scale of the opportunity and IVIS\u2019s execution capabilities.\u00a0<\/li>\n<li><strong>BFSI Expansion<\/strong>: The order further strengthens Magellanic Cloud\u2019s footprint in the\u00a0<strong>Banking &amp; Financial Services E-Surveillance<\/strong>\u00a0space, particularly in large-scale ATM surveillance deployments.\u00a0<\/li>\n<li><strong>Large-Scale Deployment Capability<\/strong>: The project reinforces IVIS\u2019s track record in executing scalable, technology-led E-Surveillance deployments across large and distributed banking networks.\u00a0<\/li>\n<li><strong>Capex &amp; Opex Components<\/strong>: The Purchase Orders comprise both Capex and Opex components, supporting a broader opportunity across deployment and services.<\/li>\n<\/ul>\n<figure class=\"wp-block-table\">\n<table class=\"has-fixed-layout\">\n<tbody>\n<tr>\n<td><strong>Commenting on the development, Mr. Joseph Sudheer Reddy Thumma, Chairman &amp; Managing Director of Magellanic Cloud Limited, said:\u00a0<\/strong><em>\u201c<\/em><em>BFSI has been a key focus for IVIS over the years, and we have built significant experience in delivering E-Surveillance solutions for banking networks and critical financial infrastructure over the last 1.5 decades. The receipt of these Purchase Orders for E-Surveillance Solutions across Punjab National Bank ATM sites further strengthens this track record and demonstrates our ability to execute scalable, technology-led E-Surveillance deployments across large and distributed networks. We remain focused on leveraging our proven domain expertise, AI-enabled e-surveillance capabilities and pan-India deployment strength to further deepen our presence in the BFSI segment and address the evolving security requirements of financial institutions.<\/em><em>\u201d<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p class=\"wp-block-paragraph\"><strong>About\u00a0Magellanic Cloud Limited<\/strong><\/p>\n<p class=\"wp-block-paragraph\">Magellanic Cloud Limited (BSE: 538891 | NSE: MCLOUD), headquartered in Hyderabad, India, is a global technology company specialising in digital transformation, Generative Artificial Intelligence (AI), cloud computing, e-surveillance, and drone technologies. The company delivers advanced solutions across industries, including smart infrastructure, defence, fintech, and enterprise IT, serving over 100 clients across the USA, Europe, and Asia.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">With a strong ecosystem of subsidiaries \u2013 Motivity Labs, Provigil Surveillance Limited, IVIS International, Scandron, MCRAYXTEND India and JNIT Technologies \u2013 Magellanic Cloud offers integrated capabilities across IT services and AI-driven surveillance systems. Its solutions are widely deployed in critical infrastructure projects, including railways, highways, BFSI, PSUs and urban security systems.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">The company is backed by a team of over 1,600 professionals and has achieved CMMI Maturity Level 3 certification.<\/p>\n<p class=\"wp-block-paragraph\"><em>If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Hyderabad (Telangana) [India], August 13: Magellanic Cloud Limited (NSE: MCLOUD | BSE: 538891),\u00a0today announced that its wholly owned subsidiary,\u00a0IVIS International Private Limited (IVIS),\u00a0has secured multiple Purchase Orders from\u00a0NCR Corporation India Private Limited, comprising both\u00a0Capex and Opex components, for providing\u00a0E-Surveillance Solutions across Punjab National Bank (PNB) ATM sites. The Purchase Orders have an aggregate value of&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/dailynewsindia.co.in\/index.php\/2026\/08\/13\/punjab-national-bank-pnb-to-deploy-magellanic-clouds-e-surveillance-solutions-across-1000-atms-nationwide\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;Punjab National Bank (PNB) to Deploy Magellanic Cloud\u2019s E-Surveillance Solutions Across 1,000 ATMs Nationwide&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":53982,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[54],"class_list":["post-53981","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/53981","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=53981"}],"version-history":[{"count":0,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/53981\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media\/53982"}],"wp:attachment":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=53981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=53981"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=53981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}