IBM Signs Sunoco Outsourcing Deal

IBM has signed a deal to provide managed business process and application support services to Sunoco.

In a statement, IBM said that it will help Sunoco to improve a number of back office services by streamlining its operations with IBM services.

“IBM and Sunoco are working together to identify and implement cost-effective solutions in Corporate, Marketing, and Refining Operations functions utilising leading practises and IBM innovation across all components of the petroleum industry,” Rick Rosso, vice president, IBM Managed Business Process Services, said in the statement.

According to the deal, IBM will offer services to Sunoco from its global centres, allowing it to manage its Application Enhancement, Application Maintenance, Finance and Accounting, and Indirect Procurement processes.

The deal with IBM will let Sunoco continue with its cost reduction efforts, helping to improve the company's competitiveness.