Financial services firmAXA Grouphas extended its
Infrastructure On Demand (IOD) contract with IBM, as part of a
four-year agreement for IBM to provide IT infrastructure
services.
AXA Tech, the technology arm of AXA Group, has embarked on a
programme to consolidate, standardise and automate its IT
infrastructure to reduce operating costs and improve service
quality to customers.
IBM will support AXA Tech to help accelerate the execution of
this IT transformation.
Under the terms of the contract, IBM will provide on-demand
mainframe, server and storage services and consulting to help AXA
Tech transform its data-centre and processes.
By using an IT infrastructure with variable cost structures, AXA
Group expects to achieve significant savings and respond more
quickly to changing market conditions.
In 2003, AXA Group and IBM announced a six-year, £500m
technology services agreement, with options to extend it. The value
of the contract extension has not been disclosed.