IBM signs 10 yr deal with Gujrat CO-OP Bank

Global IT major IBM on monday said it signed a 10 yr aggrement for providing managed IT services with Gujrat -based sardar bhiladwala pardi people co-operative bank.
under the agreement,IBM will provide managed services like servers network security back-up and database management to the bank, IBM said in a statement.
The engagement a complete expenditure in pay as you go model, would enable the bank to save up to 50% in it infrastructure epenses, it added.