IBM inks $700m Bombardier cloud deal
Agreement signed to improve productivity, reduce costs and grow earnings.
Bombardier has signed a long-term partnership agreement with IBM to support the global integration of Information Technology services across Bombardier Transportation and the company’s aerospace segments.
The new six-year deal valued at approximately $700m spans 47 countries and is expected to generate recurring savings, “providing a solid foundation to drive efficiency within Bombardier’s global IT organisation”.
Sean Terriah, Chief Information Officer, Aerospace and Corporate Office, Bombardier, said: “As part of our turnaround plan, Bombardier is working to improve productivity, reduce costs and grow earnings. The IT transformation initiative announced today will help us better integrate globally to create a best-in-class IT organization.
“We will transform our service delivery model to focus on our core competencies, and leverage the best practices of our strategic partner across our infrastructure and operations.”
Martin Jetter, senior vice-president, IBM Global Technology Services, said: “Bombardier’s global decision to extend its existing partnership with IBM and move to IBM Cloud is recognition of our broad expertise and experience helping our clients transform the business of IT to be more competitive, agile and secure through cloud computing and industry services best-practices.
“We look forward to further developing our relationship with Bombardier and working with the talented team there.”