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IBM: IBM Signs Outsourcing Services Agreement With Grupo Nacional Provincial

^{Published on 2009-01-26 09:37:30, Last Modified on 2009-01-26 09:38:01 - Market Wire}
 

ARMONK, NY--(Marketwire - January 26, 2009) - IBM (NYSE: [ IBM ]) today announced that Grupo Nacional Provincial (GNP), one of the largest insurance companies in Mexico, has signed a five-year contract, with two optional extension years, for infrastructure and application outsourcing services.

IBM will simplify and consolidate GNP's information technology (IT) infrastructure making it easier to manage. GNP will also implement new processes and tools to help the internal application development group be more productive and generate less error-prone applications.

IBM will use Tivoli software for server monitoring and administration and Rational software for application management, development and maintenance.

For application outsourcing, IBM will consolidate more than 700 applications and will be the only point of contact, allowing GNP to focus on its core business and the strategic impact of IT.

IBM was selected over incumbent competition because of its services methodology, industry expertise, delivery capabilities, and ability to manage different critical processes. As a result of this project, GNP anticipates significant savings on IT operating costs, transformation and modernization of its current environment, and compliance with service levels objectives.

The agreement was signed in December 2008.

About GNP

GNP is a 100% Mexican insurance company that operates in all insurance fields in Mexico like pensions, financing, commercial, industry and education. GNP is part of Grupo Bal, one of the biggest industry conglomerates in the country.

About IBM

For more information, visit [ www.ibm.com/services ].