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Sandvik Enters Into $289M Agreement With IBM

[Techtaffy Newsdesk]

Swedish conglomerate Sandvik has entered into a five year strategic agreement, to a value of around $289 million (2 billion SEK) with IBM and will outsource parts of the IT infrastructure services.

The services in scope for this agreement are ‘data center services’ and ‘workplace’. ‘Data center services’ includes the operation of all server platforms including hardware, application platform software and facilities where servers are placed. ‘Workplace’ includes all services to manage Office PC’s as well as messaging, collaboration, standard applications and second line user support. All tasks within ‘workplace’ and ‘data center services’ will be performed by IBM. Under the terms of this agreement IBM will offer employment to Sandvik’s resources currently working in these areas.

Sandvik is a global industrial group with advanced products in tools for metal cutting, equipment and tools for the mining and construction industries, stainless materials, special alloys, metallic and ceramic resistance materials as well as process systems. In 2011 the group had about 50,000 employees and representation in 130 countries.

[Image Courtesy: Sandvik]

 

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