IBM has inked a seven-year, $25m infrastructure outsourcing deal with Zorlu Group, a Turkish industrial concern. The engagement is expected to cut the company’s IT costs by 30%.
Under the contract, IBM will manage Zorlu’s servers, networks, data centers and manufacturing software. It will also handle SAP functions and provide hosting services, and Zorlu will use IBM’s home technology software for its consumer electronics product development.
Zorlu’s holdings include textile, consumer goods, energy, and financial companies. The company pulled in $4.29bn in revenue in 2004.