Tuesday, May 13, 2014

IBM Wins 7-Year, $600M Contract with NiSource for Hybrid Cloud

NiSource, a Fortune 500 company engaged in natural gas transmission, storage and distribution, awarded a seven-year agreement valued at $600 million to IBM to continue providing a broad range of IT services, including the creation and management of a hybrid cloud computing environment.

Under the contract, IBM will help NiSource implement a hybrid IT model using SoftLayer, an IBM Company, as well as a private, secure cloud powered by traditional infrastructure.

"NiSource is a powerful example of how companies today are turning to the cloud as a competitive lever for their business,” said Philip Guido, General Manager, IBM Global Technology Services, North America. “Embracing the cloud not only provides a better way to integrate hybrid IT systems, it enables companies to forge new pathways to innovation and improve services by applying technologies such as analytics across their enterprise,” he said.