IBM Signs Services Deals in Emerging Markets
IBM (NYSE: IBM), the leader in information technology (IT) and business services, today announced new services agreements in emerging markets throughout the Asia Pacific region. Today’s announcements indicate IBM’s strategic focus on delivering technology and services to emerging markets is gaining momentum.
For IBM, key emerging markets are growing at more than twenty percent.
Today’s announcements by IBM include:
— Bank Negara Indonesia – Bank Negara Indonesia, one of Indonesia’s largest financial institutions, has boosted efficiency and productivity with a service oriented architecture (SOA) powered by IBM Software helping it to more quickly meet the demands of its increasingly tech-savvy customers and strengthen its market position in Indonesia’s banking industry. By using IBM WebSphere software and services to build its SOA and integrate its various service components, BNI is able to quickly aggregate critical data generated by separate systems. (http://www.marketwire.com/mw/release.do?id=811928) — Kantana – Kantana, the pioneer of the animation production industry in Thailand, has selected IBM Scale-out File Services to increase the efficiency of its storage systems. (http://www.marketwire.com/mw/release.do?id=811913) — Dai Viet Securities Corporation – Dai Viet Securities Corporation, a large securities brokerage in Vietnam, has selected IBM as the partner for project management and to implement a securities trading solution running on IBM System x, and to be responsible for the maintenance. (http://www.marketwire.com/mw/release.do?id=811934) — Kookmin Bank – IBM signed a seven-month Core Banking System Integration services contract with Kookmin Bank in Korea for US$13 million. IBM will provide Architecture Design and Core System Transformation Analysis & Design services for the bank. — Guotai Junan Securities – IBM, along with Algorithmics, will deliver and implement a new portfolio construction and risk management solution at Guotai Junan Securities, for security trading and fund management. Guotai Junan Securities is one of the top five securities firms in China and the first in Mainland China to trade advanced financial products such as derivatives. The combined IBM and Algorithmics solution will assist Guotai Junan Securities in forecasting risks, as well as conducting sophisticated stress and scenario testing, to help ensure risks are managed in a controlled and informed manner (http://www.marketwire.com/mw/release.do?id=811923). — DBS Bank – DBS Bank, one of the largest financial services groups in Southeast Asia, has contracted IBM during the fourth quarter of 2007 to help implement a turnkey ATM solution for the Bank’s operations in China. — Temasek Polytechnic – IBM and Temasek Polytechnic in Singapore today also announced the establishment of the TP-IBM IT Security Center. This alliance will meet the industry’s growing demand for information technology (IT) security professionals to combat IT threats of the future (http://www.marketwire.com/mw/release.do?id=811925).
“As part of IBM’s globally integrated approach, we have been building high-value skills and capabilities in new markets for several years, and linking them with IBM’s leadership resources around the world,” said Mike Daniels, senior vice-president and group executive, IBM Global Technology Services. “These agreements and our recent growth in these markets speak to growing demand for IBM services to help build and manage critical infrastructure and business systems.”
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Contact: Jenna Gable IBM Corporation (917) 472-3512 gablej@us.ibm.com
SOURCE: IBM