IBM (NYSE: IBM) in Emirates Deal

IBM (NYSE: IBM) in Emirates Deal

IBM (NYSE: IBM) today announced that it has signed a ten-year technology services agreement with Emirates Airline worth approximately US$300 million. IBM will provide IT Infrastructure delivered as a service, allowing the airline to improve efficiency on its passenger support systems and functions.

The agreement provides fully managed services for the IBM mainframe and storage that will help Emirates encrypt data in near real-time. Additionally, the platform allows the airline to build new apps that will support the API Economy – a commercial exchange of business functions, capabilities, or competencies as services packaged in APIs.
IBM Signs US$300 Million Services Agreement with Emirates Airline

IBM Signs US$300 Million Services Agreement with Emirates Airline

Emirates also collaborated with IBM earlier this year to enhance its Passenger Service System (PSS). IBM technology and services will allow Emirates to re-design its business processes and streamline airport operations.

By moving its IT Infrastructure delivery into a managed services model, the airline will benefit from improved business application performance, resilience, scalability, an agile service delivery model, and significant operational savings.

Emirates has run its ticketing and reservations system on the IBM mainframe for more than 30 years. IBM’s z Systems is the foundation for all of the airline’s mission critical data and transactions.

z Systems technology has enabled Emirates Airline to process ultra-high volumes of real-time business transactions including flight reservations, inventory, check-in, ticketing, and flight information. Emirates Airline has selected IBM technology to provide its travelers with the benefit of reliable, secure ticketing and gate information when and where they need it, anywhere in the world.

About Emirates:
Established in 1985, Emirates flew its first routes out of Dubai with just two aircraft. Today, Emirates Airline is the world’s largest airline in terms of international traffic, with a fleet of more than 250 aircraft.

About IBM:
For more information about IBM travel and transportation industry expertise, please visit www.ibm.com/industries/traveltransportation/

For more information about IBM Infrastructure Services, please visit: ibm.com/services

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Shayne Heffernan Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

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