CMA CGM and IBM sign five-year services agreement
After five years of working together through a joint subsidiary, CMA CGM Group and IBM have announced a new strategic partnership.
Under the terms of the five-year agreement, IBM will provide industry-specific expertise in new technologies such as cloud computing and analytics, and support CMA CGM's growth by delivering information technology services that will help CMA CGM significantly reduce costs.
The IT teams from the two companies will be merged into a new subsidiary, CMA Systems, which will have an equally represented governance structure and report directly to Jacques R. Saadé, Chairman and Chief Executive Officer of CMA CGM. The new services and technologies developed by the new subsidiary, along with its unified organisation, will enable CMA CGM to generate substantial savings in 2012, CMA CGM officials said.Jacques R. Saade said, "Innovative technologies from IBM will help CMA CGM to further improve our customer service. The creation of this new partnership with a global market leader is strategic for the group. This partnership will enable us to offer our customers innovative, purpose-designed IT solutions, while improving our cost discipline."