Logica has signed a €15m contract with Skandia, a provider of long-term saving solutions, to provide a private cloud based infrastructure management (IM) offering for Skandia’s business critical financial systems and applications. The contract runs over three years, with the option of a two-year extension.

Logica said that the flexibility built into the IM offering will help Skandia adapt and scale their IT systems to changes in business demand, enabling them to deliver a better service to their customers.

Skandia Informationsteknologi is a company within the Skandia group that provides infrastructure management (IM) related services and application management for the entire group.

Logica said that the Infrastructure management (IM) outsourcing offering consists of services that include clustered data-centres and maintenance of 950 servers including a 24/7 remote infrastructure management service.

Johan Ripe, CEO for Logica Outsourcing Services in Sweden, said: "This step towards buying capacity on demand means improved cost efficiency for Skandia, and we are of course very proud to be able to help them with this transition. By providing a private cloud based, flexible, reliable and green solution we will, together with Skandia, take a sustainable approach to managing IT systems."