HP will provide Applications Management while moving much of the legacy applications environment to a private cloud, which will provide a platform for developing, testing and production. As a result, Elders will realize improved applications performance, quality and reliability backed by measurable service levels.

Today’s announcement is an extension of the Shape the Future program, unveiled last week at the Clinton Global Initiative Annual Meeting. The program aims to provide 1 million students from low-income families in the United States with the benefits of software, hardware and broadband Internet service over the next three years.

The signing of this contract demonstrates the confidence BNP Paribas has in the expertise of IBM and reflects the intimacy and the involvement in this collaboration. Visakhapatnam is an important port city in South East India. It has experienced rapid economic growth in recent years due to the development of petroleum, steel, fertilizer and IT industries.

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