IBM Wins 10-year IT Services Contract with Sardar Bhiladwala Pardi People's Co-operative Bank

BANGALORE, India, Dec. 28 /PRNewswire-FirstCall/ -- IBM (NYSE: IBM) today announced that it has signed a 10-year information technology (IT) services agreement with Sardar Bhiladwala Pardi People's Co-operative Bank Ltd. (SBPPCB), one of the leading co-operative banks in Gujarat. The engagement, a complete operational expenditure (pay-as-you-go) model, will enable the bank to save up to 50 percent in its capital expenditure on IT infrastructure.

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