IntraPower scores $16m five year cloud deal from Wilson HTM

Stuart Corner
Tuesday, 22 June 2010 10:09

IT Industry - Deals

Wilson HTM Investment Group (ASX: WIG) is to migrate its complete IT infrastructure and application delivery to IntraPower's (ASX: IPX) cloud computing platform, Business On-Demand, under a five year agreement worth $16m.

Wilson HTM has some 400 staff in 15 locations around Australia. CEO, David Groth, said: "Wilson HTM has grown both organically and by acquisition. IT systems grew in scope and complexity as a result and our business was locked into a recurring cycle of upgrading aged IT infrastructure. The business was facing a significant capital expenditure upgrade and a large consolidation project that would have further absorbed our resources and focus.

"With the IntraPower Business On-Demand solution we have access to an environment that we would not be able to cost effectively create in-house. Under the terms of the agreement, Wilson HTM will be provided with IT services on a per-user-per-month basis providing us with a fixed and predictable cost. Our IT will be less complex and more responsive to the growth and innovation initiatives of the business."

IntraPower, managing director, Greg Kennish, said: "Wilson HTM will no longer require any in-house IT infrastructure or systems; staff will access their virtual desktop which includes fully functional Windows, Microsoft Office, and industry-specific applications from anywhere, anytime through IntraPower's High Availability Network (IHAN)'¦This agreement with Wilson HTM is the largest in the company's history."

Wilson HTM commissioned IT research and advisory firm, Longhaus to assess the IntraPower service. Longhaus concluded that: "relative to other cloud computing providers...IntraPower would be amongst the most mature in the Australian market and one of the few offering true capacity-based charging combining users and time as the underlying metric."