Canadian Pacific and IBM Sign a Five-Year Services Agreement

TORONTO — IBM  has signed a five-year renewal with Canadian Pacific to provide strategic outsourcing services. This current infrastructure agreement includes mainframe, database, architecture and project management services.

IBM will continue to operate the information technology infrastructure for the Calgary, Alberta-based railway. This renewal provides CP with effective cost management while improving services to customers.

“With the current economic situation, there is a growing need to build smarter transportation systems around the world,” said Saad Toma, general manager, Global Technology Services, IBM Canada. “IBM will continue helping Canadian Pacific optimize technology to reduce operational costs and to improve fluidity of rail shipments.”

The new contract, signed on Feb. 18, is an extension of the original agreement from 2003. The renewal demonstrates a commitment by both organizations to service excellence and a long-term partnership.

— PRNewswire-FirstCall