I’m excited to share the next level of our two decades of collaboration between IBM and Vodafone today, which accelerates our strategy to drive consistent and open Cloud management. Our two companies have entered a new strategic commercial agreement to provide clients with the open, flexible technologies they need to integrate multiple clouds. We’ve also signed an eight-year managed services commitment valued at approximately $550 million (£425 million).
This new venture is part of IBM’s clear commitment to accelerating hybrid multicloud adoption. 80 percent of business workloads have yet to move to the cloud, according to recent research, and the proprietary nature of today’s multiple cloud environments is arguably one of the barriers to adoption. IBM and Vodafone have a shared vision to remove that complexity and simplify our clients’ journeys to the cloud.
As part of our collaboration, we will provide jointly-developed automation and cognitive solutions to ensure that our clients’ data and applications can flow freely and securely across these multicloud environments. We believe that our combined Hybrid Cloud, AI, 5G, Edge, Software Defined Networking and Professional Services capabilities will drive innovation and help companies across Europe and beyond deliver innovation faster and succeed in a data-driven digital world.
Organisations from industries including agriculture, engineering, oil and gas and retail, for example, stand to benefit from this innovative convergence of technologies, positively transforming and strengthening their connections with customers, partners and employees. Take a look at this video to see how:
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