Home credit provider International Personal Finance is reducing costs and improving business agility by moving its IT infrastructure into a private cloud.
International Personal Finance (IPF) has signed a £10m three-year contract with Fujitsu to host IPF's applications and data and charge on a pay-per-use model.
The two companies have started a transition programme that will take a year.
IPF has a relationship with Fujitsu going back nine years. Fujitsu provided support to 150 staff in Leeds when IPF demerged from Provident in 2007.
IPF, which operates in six countries, wants a scalable IT infrastructure to support its growth plans. "Our intention is to continue to enter new markets and as such it is important that we can dynamically grow our estate without constraint," said Andrew Herd, head of IT commercial & service. "The next few months are crucial, as we build new infrastructure and migrate our services."
IPF has 2.3 million customers and employs over 5,000 people.
Fujitsu announced a major cloud strategy last year with the deployment of a globally standardised cloud platform. The global cloud platform offers international customers the same cloud service at all locations. Fujitsu splits cloud services into four parts: infrastructure, application, activity and content. The first two, infrastructure and application, are an expansion of services already offered on a regional basis, said Fujitsu.
IT service providers are investing in business models including cloud computing, despite their own conservative estimates about its take-up.
Research from Gartner has revealed that, despite growth being back on the agenda, IT service providers are cautious in their expectations of sales from new delivery models.
Gartner's latest research says 62% of IT service providers have named growth as their top priority and are investing heavily in marketing cloud, utility and as-a-service delivery models. The service providers are however conservative about their predictions and on average suppliers believe 18% of datacentre deals will include cloud, utility or as-a-service in 2011, rising to 24% in 2012.