We currently use it to power our Oracle databases, especially for our core banking solution. We also use it for storage. We provisioned the storage from PowerMax for various VMs that we created for the applications in that environment.
We use the NVMe SCM storage tier feature, and that's how we're able to do the service level capability (SLA). We have storage class memory as a part of our deployment, and we have about 10% of our storage sizing allocated to storage class memory. With that, we are able to create different service levels for the disk groups or loans provisioned from this storage.
It most definitely helps in improving storage-related performance in our environment. The way our core banking solution works is that we have what we call ODS blocks. So, for leveraging that SLA, we were able to implement some kind of priority for those ODS blocks. Oracle had said that this is something for which their Exadata has a special way of doing, but based on my own assessment, we are able to achieve relatively similar levels of performance by using PowerMax.
Before we deployed this solution, we used to struggle with processing about 100,000 transactions in 10 minutes. We are now able to process about 350,000 or more transactions. These are conservative figures. We did hit much more than that, but conservatively, we are able to see about 300% performance improvement as compared to the SSD storage that we had previously from IBM. We have metrics to show that. The performance is different, and it is better than what we were used to.
We are in our ideal environment in which the storage double acts as our UAT and our test environment. So, we've seen remarkable deduplication in that environment because we are able to expand the footprint much more than what we are able to do in production. The production environment is a bit more controlled, but in our DR UAT environment, we are able to stretch those capabilities. The metrics that we see and the number of environments that we're able to create is quite remarkable.
It provides NVMe scale-out capabilities, which is pretty awesome. We currently have a plan to scale up. We started off with about 100TB. Based on the performance that we've seen, we're consolidating more workloads on the storage. We need to scale up a bit, and we find it very valuable to be able to do that. The ability to scale out and scale up marginally depending on what you want is quite valuable to us.