-Spanish La Caixa signs 10-year agreement with IBM.INTERNET BUSINESS NEWS-(C)1995-2011 M2 COMMUNICATIONS30 December 2011 - Spanish savings bank La Caixa said in a press release yesterday that it had signed a 10-year strategic agreement with US technology giant IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) . Under the agreement, IBM along with La Caixa's IT services unit Silk will manage the infrastructure technology budget of La Caixa, standing at some EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 2bn (USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 2.59bn) over the 10-year period. More precisely, IBM, through Silk, will provide technology, operations, applications and infrastructure services to La Caixa and will manage its data processing centres, located in Cerdanyola del Valles and San Cugat, the province of Barcelona. The new strategic alliance will save EUR400m for La Caixa over the term of the agreement. ((Comments on this story may be sent to info@m2.com)) |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion