
Boeing and Korean cosmetics company latest in series of big wins…
Published: 1 September 2003 09:50 GMT
IBM has won IT services contracts worth about $260m with Boeing and a Korean cosmetics company, the latest of a series of services deals the tech giant has recently won. Big Blue said it has landed a three-year contract with extension options to manage the aerospace giant's company-wide voice communications network. The deal, estimated by IBM to be worth $160m, covers voice services to Boeing's network of nearly 150,000 users. IBM also announced a 10-year deal with Korean cosmetics company Amore Pacific, under which it will operate and manage Amore Pacific's IT infrastructure. The contract is believed to be worth about $100m.
The contract wins come on top of recent successes by IBM in the services field. In July the company said it had inked a $1.1bn, 10-year IT services contract with ABB, the Swiss power and automation technologies company. Earlier this month, it unveiled a seven-year IT outsourcing contract with beverage company Diageo. Analysts familiar with that deal estimated its value at $400m to $500m. And last week, consumer products firm Procter & Gamble said it is in exclusive negotiations with IBM for a multiyear contract for the management of its employee services. Big Blue last year strengthened its services wing with the purchase of PricewaterhouseCoopers' consulting division. It recently disclosed that the price it paid for the unit has grown from $3.5bn to roughly $3.9bn. The higher price stems partly from a review of assets transferred to IBM in the deal.
IBM competes for IT services contracts against companies such as EDS, Accenture and Hewlett-Packard.
Ed Frauenheim writes for CNET News.com
I have been contacted today by a NHS organisation in the home counties looking for an Information Analyst with NHS experience preferably with ...
AOV $1M - 158M ($158M deal was with Boeing) - $38M (Israeli Defence project) although they have also closed small loss leader deals at circa $300K. ...
WO 4831 - Contracts Manager - Dorset They now require a new Gas Safe qualified Contracts Manager for domestic installations, proactive and highly ...
Agenda Setters 2009
Welcome to the ninth annual Agenda Setters poll – silicon.com's list of the top 50 most influential individuals in the technology and IT industries, from techies and CIOs to entrepreneurs and business leaders. Find out more in our latest special report.
Data Protection Strategies: Deduplication for More Efficient Backups
Dell PowerVault DL2100 Powered by CommVault - Spec Sheet
True Convergence Demands a Communication Service Provider that Embraces a Customer-Centric...
Learn how Performance Metrics for Telcomm Expense Management Drive new ROIs and SLAs
Stories from the web...
Copyright © 2008 CBS Interactive Limited. All rights reserved. Top of page
Peter Cochrane Peter Cochrane's Blog: Can I become faster and smarter? We could all use a little more help from our machines
Mark Crichard Doing business with citizen developers: Beware the legal pitfalls Legal Eye: Make sure your business is protected from potential hazards