IBM Canada Signs 7-Year Agreement With Celero For Hybrid Cloud & Data Center Modernization

IBM (NYSE: IBM) and Celero, a solutions integrator, recently announced they have signed a 7-year agreement to modernize and transform Celero’s data center and data center network environments. 

The duo reported that through this agreement, Celero will significantly advance the digital banking technologies, cloud services, security, and payment solutions they provide to more than 110 credit unions and financial institutions across Canada, further positioning their capabilities to support business and economic recovery from the implications of COVID-19.

“Operational resiliency of critical business services, uninterrupted service, remote and easy access, and rigorous data security measures against disruptions and threats are critical for credit unions in how they provide innovative service delivery and excellence to members.”

Speaking about the collaboration, Tom Papagiannopoulos, senior vice president at Celero, stated:

“To deliver on our clients’ digital ambitions and accelerate their recovery from COVID-19, it’s critical for Celero to embark on this innovative path forward with our long-standing collaborator, IBM. The transformational opportunities of moving to a hybrid IBM Cloud platform will result in Celero and our clients becoming more agile, resilient and forward-looking, which will ultimately translate to a superior experience for credit union members.”

The IBM-Celero Agreement includes secure cloud services, resiliency testing, threat management, disaster recovery support, and process automation.

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