Ron Burgundy Posted November 18, 2014 Share Posted November 18, 2014 BERLIN (Reuters) - IBM has won an outsourcing contract from Germany's Lufthansa worth 1 billion euros ($1.25 billion) that will see the U.S. company take over the airline's information technology infrastructure services division and staff. The move is part of plans by Lufthansa to restructure and cut costs as it seeks to compete with fast-growing rivals in both Europe and the Gulf. Under the seven-year deal, IBM said it will make the airline's IT processes more efficient, such as moving it more toward cloud computing, saving Lufthansa around 70 million euros a year. ... View the full article Quote Link to comment Share on other sites More sharing options...
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