IBM, Sun inks 7yr deal worth $242 mn

Thursday, April 9, 2009, 19:08 [IST]

Toronto, Apr 9: International Business Machines (IBM) Corp signed a seven-year deal with Sun Life Financial to manage the insurance giant's information technology operations in Canada and the United States. IBM sources said that the agreement is worth morethan $242 million.

"Our partnership is being extended further to provide new highly integrated, cost-effective and intelligent solutions to support Sun Life business goals," Saad Toma, general manager of global technology services at IBM Canada, said in a statement on Thursday, Apr 9.

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Topics: ibm, toronto, united states, sun life financial

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Person-to-Person Offshoring new rival to IT Gaints

Monday, May 14, 2007,11:04 [IST]

New Delhi, May 14: IT giants like IBM, Infosys, Wipro and WNS have got a new rival on the fast expanding BPO landscape. The new challenger is not some thousand-employees strong Business Process Outsourcing firm, but individuals who could be sitting anywhere alone before their personal computer, but have before them an addressable market worth over 20 billion dollars in the US alone.While outsourcing of services by medium and large-size companies from the US and Europe to low-cost countries like.....