IBM gets Hess IT (October 2007)

A five year, $73 million deal sees IBM managing Hess’ IT infrastructure, servers and workstations. Hess to focus on ‘strategic’ oilfield operations.

Hess Corp. has signed a global IT outsourcing deal with IBM worth $73 million over five years. The deal includes IT infrastructure services, including server, workstation and network management, asset tracking and end user support. IBM will update Hess’ servers to the latest IBM System x and System p boxes.

Walton

Hess CIO Pete Walton said, ‘This agreement is consistent with our larger effort to create a competitive advantage through technology. We look forward to leveraging IBM’s best-in-class tools, processes, and expertise.’ As an integrated oil company, Hess’ activity spans E&P, transportation and sale of crude oil, natural gas and refined petroleum products. By selecting IBM, Hess will leverage IBM’s global delivery network and its ‘extensive research capabilities.’

Hopkins

IBM’s Scott Hopkins added, ‘When IBM takes on a client’s IT infrastructure it lets them focus on more strategic parts of their business, such as oilfield operations. It also provides an opportunity to examine the new generation of technologies which can help them visualize, virtualize and integrate business processes more efficiently.’

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