IBM and Mexico’s Cemex today announced a 10-year strategic agreement in which IBM will deliver world-class business process and information technology services. The agreement which is expected to generate Cemex savings of close to $1 billion, will led IBM provide to Cemex business consultant services to detect and drive sustainable improvements in profitability.
The agreement includes finance and accounting, and human resource back-office services, as well as IT infrastructure, application development and maintenance services. IBM and Cemex together will implement state-of-the-art business processes, practices, and information systems developed by IBM.
“This agreement with IBM will enable Cemex to focus on its core businesses of cement, ready-mix concrete, and aggregates, improve its financial position and respond more quickly to changing market needs,” Chief Executive Lorenzo Zambrano said.
