IBM Signs 10-Year Multi-Billion Dollar Cloud Deal With ABN Amro | Re/code

Evidently outsourcing mainframes now => cloud computing

"The deal comes as the U.S. company is trying to gain momentum in the market for Internet-delivered services, known as cloud computing. IBM will provide fully managed services for mainframe computers, servers, storage and end-user computing as well as a help desk and other technical support. IBM did not disclose financial details of the deal.

Last month, IBM said it had won a seven-year 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."

IBM Signs 10-Year Multi-Billion Dollar Cloud Deal With ABN Amro | Re/code