IBM Lands $740 Million Deal to Supply Data Security to Australia

  • Contract comes 2 years after playing role in bungled census
  • Government savings from 5-year agreement estimated at A$100m
IBM’s Harriet Green discusses the company’s $740 million contract to provide technology to the Australian government.(Source: Bloomberg)
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International Business Machines Corp. has secured a A$1 billion ($740 million) agreement to become a central technology partner of the Australian government over the next five years.

The contract will see services such as automation and blockchain provided to federal departments including defense and home affairs, IBM’s Asia Pacific head, Harriet Green, said in an interview with Bloomberg TV on Thursday. The “youth of the technology” and the employment of Australians to support and help the implementation would be hallmarks of the new partnership, she said.