NEW YORK Jan 30 New York City has hired IBM
(IBM.N) to consolidate the technology departments for more than
50 city agencies by using "cloud computing," the company said
in a statement on Sunday.
New York City, which faces a deficit of as much as $4.4
billion, could save $100 million over five years by harnessing
underutilized computing power with this method, IBM said.
IBM will be paid about $10 million for the first phase of
the project, which it hopes will be an expanding program.
"By modernizing technology infrastructure, government
organizations are able to speed the deployment of new
technologies, reduce energy and operating costs, increase
security, and better understand their data in order to expedite
benefits tracking, root out waste, and provide transparency to
the public on performance," IBM General Manager Bridget van
(Reporting by Joan Gralla; Editing by Marguerita Choy)