ARMONK, N.Y., Sept. 5, 2012 /PRNewswire/ -- UPMC, one of the nation's leading academic medical centers, today announced the renewal of its agreement with IBM (NYSE: IBM) to continue enhancing computing and storage performance and reliability. UPMC's new technology investment with IBM, valued at $120 million over the next four years, will support the healthcare system's goal of changing the way that treatments are designed for individual patients by effectively using massive volumes of patient and research data.
Under the original agreement with IBM signed in 2005, UPMC saved or avoided costs of more than $191 million over six years, eliminating the need to create a new data center and supporting UPMC's rapid growth. Under the new agreement, IBM and UPMC will continue to collaborate on the development of medical technologies that improve care and the patient experience and remain among the founding partners in the Center for Connected Medicine, a showcase for how technology can transform healthcare.
"UPMC is keenly focused on creating new models of effective and affordable care, supported by good science and smart technology. Extending our long partnership with IBM is a key part of that strategy," said Chief Information Officer Daniel Drawbaugh.
IBM worked with UPMC to design a dynamic, virtualized technology infrastructure that shortened information backup times by 20 percent and recovery times by 50 percent. IBM's expertise in storage and server virtualization allowed the re-engineered network to become more adaptable and flexible to meet expanding patient volume and data growth for UPMC's more than 20 hospitals and 400 outpatient locations. The i
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