CenturyLink helps Procter & Gamble with its IT outsourcing strategy

CenturyLink's (NYSE: CTL) new CenturyLink Technology Solutions has scored a large hybrid outsourcing contract with The Procter & Gamble Company, a move that will change how one of the largest consumer packaged goods companies procures and consumes IT services.

Through this contract, CenturyLink will offer a suite of hybrid IT infrastructure services via a consumption-based pricing model. What this means is that Procter & Gamble' employees "can bundle and select the technology services they need, when they need them."

Serving as the foundation for this hybrid environment is a custom solution that combines consulting, dedicated support desk and application services with cloud and managed hosting capabilities.

The service provider will also give the company access to a number of complementary solutions from partners Cisco, NetApp, SAP and others.

While this contract is new, the deal builds on a web hosting relationship that CenturyLink Technology Solutions' predecessor company Savvis established in 1999.

Gaining this new deal with The Procter & Gamble Company is significant for CenturyLink as it looks to further establish the new CenturyLink Technology Solutions brand it launched in January.

Although the CenturyLink Technology Solutions brand is still new, the unit continues to be one of its top performers. In the fourth quarter of 2013, the unit's operating revenues were $353 million, up 3.8 percent year-over-year.

For more:
- see the release

Related articles:
CenturyLink forecasts Q1 revenue decrease but sees broadband, video subs jump in Q4
CenturyLink, NTT take dominant spots in APAC cloud market, says Gartner
CenturyLink serves up 1 Gig service for Salt Lake City-area businesses, enables cloud services
CenturyLink enters Phoenix data center market through IO partnership

Suggested Articles

Highlighted by growth in its number of broadband subscribers, Comcast's net profit in the fourth quarter increased by 26%.

Amazon has filed a motion that seeks to pause Microsoft's work on the Pentagon's $10 billion cloud contract until a court rules on its protest.

Vodafone Group and Sunrise announced a partnership that allows Sunrise's enterprise customers to tap into Vodafone's business services.