Target awards IBM contract for on demand IT infrastructure.Leading retailer Target awarded 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) a 10-year contract to manage the merchant's mainframe IT infrastructure, IBM announced today. The agreement establishes a variable, on demand pricing model under which Target will pay only for the IT services it uses. "Our long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. relationship with IBM has given Target the kind of IT flexibility that enables us to execute our strategies with speed and success," said Jerry Jer·ry n. pl. Jer·ries Chiefly British Slang A German, especially a German soldier. [Alteration of German. Storch, Vice Chairman Target Corporation. "Implementing IBM's on demand initiative reflects Target's commitment to leveraging technology that drives business results." "One of the world's premier retailers, Target has built tremendous customer loyalty and a powerful shopping experience," said Barry Mason, IBM's managing director of the Target account. "As we expand upon our successful relationship, IBM is committed to delivering the kind of technology leadership and service excellence that will help take Target into the future." IBM Global Services IBM Global Services is the world's largest business and technology services provider. It is the fastest growing part of IBM, with over 190,000 professionals serving customers in more than 160 countries. is the world's largest information technology services and consulting provider, generating over $36 billion in 2002. Approximately 180,000 professionals serve customers in more than 160 countries, providing the entire spectrum of customers' e-business needs--from the business transformation and industry expertise of IBM Business Consulting Services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" to hosting, infrastructure, technology design and training services. IBM Global Services delivers integrated, flexible and resilient See resiliency. processes--across companies and through business partners--that enable customers to maximize the opportunities of an on-demand business environment. |
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