TechTarget

IBM signs £78m outsourcing contract

IBM Global Services has won a $132m (£78m) IT outsourcing deal with Spanish bank Banco Sabadell.

This Article Covers

Outsourcing

IBM Global Services has won a $132m (£78m) IT outsourcing deal with Spanish bank Banco Sabadell.

The ten-year deal covers the management of Banco Sabadell’s mainframe system, its data processing centre and infrastructure security.

The bank, Spain’s fourth-biggest, said the deal is designed to save it $52m over the duration of the contract.

Banco Sabadell had earlier this year signed a $20m five-year IT maintenance deal with T-Systems of Germany.

Earlier this month, IBM announced that it had won a mammoth IT outsourcing contract with Dutch bank ABN Amro.

CW+

Features

Enjoy the benefits of CW+ membership, learn more and join.

Read more

0 comments

Oldest 

Forgot Password?

No problem! Submit your e-mail address below. We'll send you an email containing your password.

Your password has been sent to:

-ADS BY GOOGLE

SearchCIO

SearchSecurity

SearchNetworking

SearchDataCenter

SearchDataManagement

Close