IBM signs $300m IT deal with Emirates

IBM said it will provide information technology services, allowing the airline to improve efficiency on its passenger support systems and functions
IBM signs $300m IT deal with Emirates
By Reuters
Tue 07 Jun 2016 11:51 AM

IBM on Tuesday said it signed a $300 million, ten-year technology services agreement with Dubai's Emirates airline.

IBM will provide information technology services, allowing the airline to improve efficiency on its passenger support systems and functions, a statement from IBM said.

Under the managed services agreement, this will include assistance in encrypting the airline's data in near real-time and systems which allow different software components to communicate more effectively, the statement said.

In October 2015, IBM signed a $700 million deal with Abu Dhabi's Etihad Airways for a range of IT services and infrastructure.

Emirates, the world's fourth-largest carrier of international passengers reported a profit of $1.93 billion for the financial year to March 31, a jump of 56 percent over the year.

For all the latest tech news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.

Subscribe to our Newsletter

Subscribe to Arabian Business' newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.