As one of the few information technology companies with a continuous history dating back to the 19th century, IBM is a multinational computer, technology and IT consulting corporation headquartered in Armonk, North Castle, New York, United States, which manufactures and sells computer hardware and software and offers infrastructure services, hosting services, and consulting services in areas ranging from mainframe computers to nanotechnology.
Nowadays IBM has renewed its strategic information technology IT outsourcing agreement with full service bank Westpac New Zealand for a further five years. Under the five-year agreement, IBM will deply new technologies to improve customer service and sustainability, and upgrade existing systems of Westpac. Moreover, the new IBM technology enables enhanced security, data center network technology which ensures a secure and resilient network and the IBM technology supports the low risk transformation to new data centre facilities.
Source: http://itservices.cbronline.com/news/ibm-renews-its-strategic-it-outsourcing-agreement-with-westpac-171011