The 10-year deal is valued at $579 million.
Takahide Ohara, general manager of corporate planning at Kobe Steel, said, The partnership enables Kobelco Systems to make good use of IBM Japan’s marketing reach and advanced technology in expanding its external business. IBM Japan is planning to utilize Kobelco Systems’ e-business skills as a part of its services offerings to other companies.
Satish Khatu, general manager, industrial and public sector services for IBM Asia Pacific, said, IBM Japan has been seeking a partner with a proven track record with strong technical ability in customizing and implementing application systems particularly e-business systems in order to capture significant growth in the services business.
Kobe Steel, is one of Japan’s leading manufacturers of steel, aluminum and copper products. Other businesses include welding consumables, urban infrastructure, plant engineering services and industrial machinery. The company also has businesses in electronics and information systems.
SOURCE: COMPANY PRESS RELEASE
