Deals25 Sept 2026, 08:55 am
Blue Cloud Softech Subsidiary Wins US$15.5M AI Order from IBM Cloud
AI Summary
Blue Cloud Softech Solutions Ltd announced that its wholly owned US subsidiary, Global Impx Inc. (GIX), has secured a significant Statement of Work (SOW) from IBM Cloud Inc. The SOW is for AI Infrastructure Design, Deployment, and Support Services, valued at a fixed fee of US$15,500,000 (approximately ₹147 crore). The order, received on September 24, 2026, involves designing, deploying, and supporting a GPU-powered enterprise AI platform. Work commenced on September 24, 2026, with payments structured against five project milestones. This deal signifies a substantial business win for Blue Cloud's subsidiary, enhancing its AI infrastructure service capabilities.
Key Highlights
- Global Impx Inc., a subsidiary, received a US$15.5 million order from IBM Cloud.
- The contract is for AI Infrastructure Design, Deployment, and Support Services.
- Work commenced on September 24, 2026, with payments tied to project milestones.
- The order is international, based in the USA, and valued at approximately ₹147 crore.
Price Impact
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