IBM, Australian Government Agree to Five-Year, A$1 Billion Tech Deal
July 04 2018 - 4:29PM
Dow Jones News
By Mike Cherney
SYDNEY--International Business Machines Corp. (IBM) said it won
a five-year agreement with the Australian government to provide
hardware, software and cloud-based services in a deal valued at 1
billion Australian dollars (US$740 million).
IBM already partners with some parts of the Australian
government. The deal will expand the company's services to all
government agencies, IBM said.
The company said technologies such as artificial intelligence
and blockchain would also be made available, supporting Australia's
goal to become one of the world's top three digital governments by
2025.
"We've had a relationship with the government for more than 40
years ... but this really brings our new technology to the
forefront," David La Rose, managing director for IBM in Australia
and New Zealand, said in an interview.
Mr. La Rose said IBM doesn't disclose revenue by region. The
company, based in Armonk, N.Y., reported full-year revenue of
US$79.1 billion in 2017, down 1%.
Write to Mike Cherney at mike.cherney@wsj.com
(END) Dow Jones Newswires
July 04, 2018 17:14 ET (21:14 GMT)
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