TechTaffy

tech:

taffy

IBM, ABN Amro Ink Multibillion Dollar Deal

By TechTaffy Desk

abn-amro

IBM and ABN AMRO have signed a 10-year, multibillion-dollar services agreement to manage the IT infrastructure that supports the bank’s operations globally. The agreement includes the implementation of a private IBM cloud, as well as standardization and simplification of the existing IT landscape, from mobile computing to mainframe infrastructure.

The new agreement with IBM provides fully managed services for mainframe, servers, storage, end-user computing, help desk as well as application support, and is part of an enterprise-wide transformation initiative at ABN Amro.

Based in the Netherlands, ABN AMRO serves retail, private and corporate banking customers. This agreement sees the extension of the bank’s strategic IT relationship with IBM.

 

[Image courtesy: ABN AMRO]

 

Just in

Series E

Vercel raises $250M

San Francisco-based Vercel, a frontend cloud platform provider, has secured $250 million in Series E funding, bringing the company's valuation to $3.25 billion.
Series A

Worky raises $6M (Mexico)

Mexico City-based Worky, a provider of HR and payroll software solutions for Mexican companies, has closed a $6 million Series A financing round.
Industry

Amazon announces $1.31B investment in France

Amazon has announced a new investment of about $1.31 billion (€1.2 billion) in France, which the company says will lead to the creation of over 3,000 permanent jobs in the country.
Around the web

Amazon Web Services CEO Adam Selipsky to step down — CNBC

Adam Selipsky, CEO of Amazon’s cloud computing business, will step down from his role next month. Matt Garman, senior vice president of sales and marketing at Amazon Web Services, will succeed Mr. Selipsky after he exits the company June 3, writes Annie Palmer. 
AI

Palo Alto Networks, Accenture expand alliance to offer generative AI services

Palo Alto Networks and Accenture have announced the expansion of their strategic alliance to provide new offerings that combine Palo Alto Networks' Precision AI technology with Accenture's secure generative AI services.