Bombardier signs agreement with IBM to accelerate IT business transformation
Bombardier announces that it has reached a long-term partnership agreement with IT consulting firm IBM to support the global integration of IT services across Bombardier Transportation and the company's aerospace segments.
"As part of our turnaround plan, Bombardier is working to improve productivity, reduce costs and grow earnings. The IT transformation initiative announced today will help us better integrate globally to create a best-in-class IT organization," said Sean Terriah, Chief Information Officer, Aerospace and Corporate Office, Bombardier. "We will transform our service delivery model to focus on our core competencies, and leverage the best practices of our strategic partner across our infrastructure and operations."
The new six-year deal, valued at approximately $700 million, spans 47 countries and is expected to generate recurring savings, providing a solid foundation to drive efficiency within Bombardier's global IT organization.