IBM inks 10-yr deal with Caparo India
Friday, 18 March 2011, 18:43 IST
Printer Print Email Email
IBM inks 10-yr deal with Caparo India
NEW DELHI: Technology giant IBM said it has bagged a 10-year outsourcing deal from Caparo India to provide enterprise resource planning and data centre infrastructure services. Caparo chose to host the datacentre on IBM's Power Systems in a cloud model over competitor HP systems because the IBM solution will lower its upfront investments up to Rs 1 crore, IBM said in a statement. The financial details of the deal were, however, not disclosed. Caparo India offers solutions in designing, developing and manufacturing automotive systems, assemblies, modules and components for Indian automotive original equipment manufacturers. "This is a first of its kind implementation in North India. Our financing policy helps clients acquire the IT solutions that their business needs in the most cost-effective and strategic way possible. Customers can choose from a variety of financing options to address their unique solution requirements and help manage the cash flow and assets," Vivek Malhotra, Vice-president, General Business, North and East region, IBM India/South Asia said.
Source: PTI
siliconindia