HP Enterprise Services Spain Wins Contract Valued at $67M for Transformation to the Cloud


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


HP (NYSE: HPQ) --HP Enterprise Services Spain today announced that Generalitat deCatalunya (CTTI), the Government of Catalonia, has signed a $67million agreement for HP to transform the government's computingenvironment to a cloud-based infrastructure so it can operate moreefficiently while improving services to its citizens. Under the terms of the 10-year contract, HP will move CTTI'sinfrastructure from a dedicated client-owned data center to a secure,HP-managed cloud environment. HP will continue managing theorganization's computing environment while migrating it to a virtualprivate cloud located in Barcelona, Spain. HP is expanding its managed cloud services to Spain as an extension of the HP EnterpriseCloud Services network already deployed in other European countries. HP Enterprise Cloud Services - Virtual Private Cloud creates aflexible, secure computing environment that allows CTTI to quicklyscale use up and down as needed. HP Enterprise Cloud Services -Virtual Private Cloud is a managed cloud environment that enablesinteroperability with other cloud and traditional IT architectures. As a result of its cloud transformation, CTTI will be able to respondmore rapidly to changes in citizens' service demands, and quicklydeploy new services to Catalonian citizens and companies. The HPsolution supports e-government business processes such as SAP'sfinancial and purchasing platform. The user portal feature willenable provisioning of infrastructure to support content managementfor governmental departments and the presidency's data as well aseasy-to-access capacity for other departments.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: NewsContracts