[February 10, 2010] IBM and Sandhar Technologies sign remote managed services agreement Tweet Feb 10, 2010 (M2 EQUITYBITES via COMTEX) -- Information technology company IBM (NYSE: IBM) has signed a five-year remote managed services agreement with Sandhar Technologies, an Indian auto ancillary group. The deal announced on Tuesday is expected to enable Sandhar to align its information technology (IT) initiatives with business priorities, thereby ensuring risk mitigation and substantial cost savings. As a part of the agreement, financial details of which were not disclosed, IBM will manage IT infrastructure for Sandhar Technologies, helping the company focus on its core business while reducing capital expenditure. The scope of managed services includes server management along with network and security management, which will be remotely carried out from IBM's Global Management Center in Bangalore. Comments on this story may be sent to [email protected] [ Back To TMCnet.com's Homepage ]