IBM secures $740mn IT contract from the Australian government

Global technology provider IBM has been awarded a new major five-year IT contract by the Australian government, valued at $740mn (AUD$1bn).

The partnership will centre around accelerating the Australian government’s digital transformation agenda by leveraging IBM’s expertise, including software, hardware, cybersecurity and cloud-based solutions.

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“[The agreement] shows trust and belief in our ability to transform and provide world-leading capabilities, leveraging our investments locally in AI, blockchain, quantum and cloud,” said David La Rose, Managing Director of IBM Australia and New Zealand. “We look forward to helping the Australian Government to re-define the digital experience for the benefit of all Australians.”

The agreement will be key for Australia moving forward in achieving its overriding goal of becoming one of the top three digital governments in the world by 2025.

Further, during the digital transformation process the government will benefit from significant savings and see simple convenient services delivered to businesses and individuals globally.

“The Whole of Government agreement reflects the growing importance of technology to the government’s transformation agenda. For agencies it will be simpler and more cost efficient to engage with IBM, while our technologies make it possible for government to deliver smarter, integrated, always-on digital services for citizens,” La Rose continued.

The agreement, effective immediately, will run until June 2023.