IBM Inks $1 Billion Voice And Data Deal With Lloyds
High-capacity fiber network for voice, data, and video will cut Lloyds bandwidth costs and let it offer new high-bandwidth apps.
IBM on Monday disclosed a seven-year, $1 billion deal with Lloyds TSB to enhance the bank's voice and data services. The project will reduce the bank's incremental bandwidth costs, allowing it to consider alternative Web-based or other high-bandwidth apps that previously weren't feasible, Lloyds said in a statement.
The new infrastructure, which will be rolled out over the next 20 months, will feature a single high-capacity fiber network for voice, data, and video, with direct links to mobile and call-center services. It will include almost 70,000 voice-over-IP telephones.
IBM will act as strategic technology partner. Vanco, a global network operator, will provide network-management services, and Vtesse Networks, a gigabit optical-networking provider, will supply the high-capacity fiber network.
2014 Next-Gen WAN SurveyWhile 68% say demand for WAN bandwidth will increase, just 15% are in the process of bringing new services or more capacity online now. For 26%, cost is the problem. Enter vendors from Aryaka to Cisco to Pertino, all looking to use cloud to transform how IT delivers wide-area connectivity.
The UC Infrastructure TrapWorries about subpar networks tanking unified communications programs could be valid: Thirty-one percent of respondents have rolled capabilities out to less than 10% of users vs. 21% delivering UC to 76% or more. Is low uptake a result of strained infrastructures delivering poor performance?
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