IBM bags USD700m outsourcing contract with Bombardier
IBM has signed a six-year USD700m outsourcing contract with beleaguered Canadian train and plane giant Bombardier, which seeks to reduce operational costs by outsourcing its IT functions. The tech deal calls for IMB to run Bombardier’s IT function in forty-seven countries. Bombardier is reportedly working to improve productivity, reduce costs, and grow earnings. The aerospace and transportation business last year confirmed it was axing more than 14,000 staff worldwide, amid a two-year delay and a USD2bn budget overrun for its C-Series commercial jetliner that is now up and running.
Related news
- BPO revenue helps fuel PH economic growth · 17 May
- Qualfon opens one of largest contact center campuses in the world · 16 May
- Outsourced animation industry continues to boom in APAC · 16 May
Disclosure: Outsource Accelerator uses AI tools in the backend of its editorial workflow. Every article is reviewed and verified by a human editor before publication.
Stay ahead of the outsourcing industry. Join thousands of business leaders who rely on Outsource Accelerator for the news, trends, and expert insights that matter. Subscribe to our free newsletter and never miss an update.
