MoneyWorks4Me

Blue Cloud’s arm receives order worth Rs 147 crore from IBM Cloud Inc

25 Sep 2026 Evaluate

Blue Cloud Softech Solutions’ wholly owned US subsidiary -- Global Impx Inc. (GIX) has received a signed statement of work from IBM Cloud Inc for AI infrastructure design, deployment and support services, at a fixed fee of $15.5 million (around Rs 147 crore). 

The statement of work is issued under a Master Services Agreement between the two companies dated August 21, 2026. Work commenced on September 24, 2026, and fees are payable against five milestones running from project kick-off to production go-live. GIX will deliver a scalable, secure, high-performance environment for the client’s AI and machine learning workloads, covering model development, training, fine-tuning and inference.

Blue Cloud Softech Solutions is carrying on the business of designing, developing, computer software and marketing in India or abroad and providing data processing services of all kinds including computer consultancy, systems analysis, and programming and computer maintenance in India or abroad.

Peers
Company Name CMP
TCS 2083.95
Infosys 1000.95
HCL Technologies 1259.40
Wipro 164.15
Tech Mahindra 1547.00
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