Sberbank Of Russia, Microsoft To Extend 5-year Deal - Quick Facts

Sberbank President and Chairman of the Board, German Gref, and Microsoft CEO, Steve Ballmer, expressed their consent to renew five-year agreement. During their meeting in Redmond, the heads of the two major companies also inked a deal on a licensing program and its terms under Microsoft Enterprise Agreement. The agreement applies within the entire organization of Sberbank, including its units in Russia, CEE, India, China, etc.

Sberbank Senior Vice-President, Victor Orlovsky, said, "Renewal of our agreement with Microsoft will enable us to use company's most advanced products and solutions on all devices at all bank offices in Russia or elsewhere. The licensing program and its terms enable us to do this in the most efficient way."

The 5-year deal would satisfy the bank's needs by providing the required number of licenses, considering release of new versions of Microsoft products and solutions, starting from user workstations and ATMs and ending with its server systems. Furthermore, the agreement pays due attention to the bank's plans to deploy a mega data processing center at Skolkovo, a Russian innovation city, for which deployment Microsoft cloud technologies would be used.

Original article: http://www.rttnews.com/1911430/sberbank-of-russia-microsoft-to-extend-5-year-deal-quick-facts.aspx