ARMONK, N.Y., May 25, 2016 /PRNewswire/ -- IBM (NYSE: IBM) today announced that FleetCor, a leading provider of fuel credit card and specialized payment products, processing approximately 1.9 billion transactions during 2015, will use IBM Cloud services to help support its growth into new markets.
With global commercial card purchases projected to grow by 13 percent last year to over $1.79 trillion, the industry is accelerating in the digital age, and companies like FleetCor are remodeling their IT environments to integrate new payment solutions and increased workload capacities. FleetCor will be leveraging IBM Cloud Managed Services for z Systems – which extends the scalable and security-rich transaction processing capabilities of the IBM z Systems mainframe to a hybrid cloud environment – to meet new business demands such as increased secure transaction processing with new data insight capabilities.
"Achieving scalable, secure processing to support FleetCor's growth while applying new data insights from our card payment solutions to clients' business needs are indispensable," said John Reed, Global Chief Information Officer of FleetCor. "Our partnership with IBM will enable greater cost savings, enhanced security, and improved logistics to further operational efficiency."
IBM Cloud Managed Services for z Systems gives clients access to the z Systems mainframe in a securely designed partitioned virtual environment, delivering the system's leading security, scalability and availability in a hybrid cloud model. Predictable pricing models, shared infrastructure for software, server, disk and tape needs, and cloud-based provisioning of customizable computing resources for any size business, allows IBM clients to account for the types of increased customer demand and enterprise data management that FleetCor currently faces.
"As we continue to develop our company for future growth in an increasingly competitive industry, our products and services need to meet the variety of challenges that thousands of our customers and partners face," said Waddaah Keirbeck, Chief Technology Officer of FleetCor. "The IBM Cloud is one of the pillars of our strategy platform to innovate our IT infrastructure."
"The importance of secure and reliable specialized payment providers is fundamental to global commerce today, and FleetCor is a proven leader in this area," said Philip Guido, General Manager of IBM Global Technology Services, North America. "IBM Cloud and mainframe offerings deliver the tools to support FleetCor as it continues to build upon its position in its industry and transform for the future."
About FleetCor FleetCor is a leading global provider of fuel cards and workforce payment products to businesses. FleetCor's payment programs enable businesses to better control employee spending and provide card-accepting merchants with a high volume customer base that can increase their sales and customer loyalty. FleetCor serves commercial accounts in North America, Latin America, Europe, and Australia/New Zealand. For more information, please visit www.FLEETCOR.com.
About IBM Global Technology Services IBM Global Technology Services offers end-to-end IT consulting and business services supported by an unparalleled global delivery network that is transforming its business to lead in an era of Cognitive and Cloud. As a cloud services integrator, GTS is managing the services and underlying infrastructure in an integrated and unified way. It is modernizing clients' IT environments to help them meet the increasingly complex customer demands. GTS provides clients with innovative technology solutions that help them to improve their business processes and in turn, profitability.