Hartford Financial Services Group Inc. Chooses IBM for Cloud Computing Services
 Hartford, Connecticut – based Hartford Financial Services Group Inc. has chosen Armonk, New York-based technology and consulting corporation IBM for cloud computing services. IBM has been engaged on a six-year contract and will update the financial services company’s computing infrastructure. With a component of its infrastructure located in the cloud, Hartford hopes to reduce costs and be able to utilize emerging technologies more effectively. The agreement has been valued at $500 million.
Under the agreement, IBM will establish “mainframe computing, storage, backup and resiliency services” for Hartford. The agreement will also cover IBM developing a private cloud-computing infrastructure that will help the company cater to its customers more effectively. Hartford’s cloud will be managed by IBM’s global network of data centers as well as at the company’s own data centers.
“As The Hartford continues to execute on its strategic plan, we are making significant technology investments to increase operational effectiveness and improve our competitiveness,” explained Hartford’s president of consumer markets and enterprise business services Andy Napoli on an IBM blog. “The partnership with IBM will help The Hartford implement a strategic technology infrastructure that will provide us with greater agility and offer us more flexibility and transparency as we continue to grow our businesses.”
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