IBM and Epic Teaming Up for $11 Billion Pentagon IT System
The ambitious $11 billion project to manage US troops' electronic health records will see International Business Machines Corp., the world's biggest computer services provider, and Epic Systems Corp., teaming up to give a tough competition.
IBM is all set to make its bid today and rival bids are likely to come from Accenture Plc and Northrop Grumman Corp. The Defense Department is yet to formally start the competition for the information-technology system.
The sole intention behind winning the competition is to get one of the biggest opportunities in federal information technology. Andy Maner, managing partner for IBM's U. S. federal division, said in a phone interview, that people expect results and that is why this bid is important for them. He emphatically said that IBM does not bid on everything that comes its way, but whatever it bids on, it intends to change the world.
It is possible to have posting of the Pentagon's solicitation for the contract next month, with a 10-year duration.
Dublin-based Accenture and Falls Church, Virginia-based Northrop are other companies that can also offer their bid for the contract, said Brian Friel, a Bloomberg Industries analyst.
Accenture was approached by the US government to fix the problems in health care. gov, which is an enrolment website for the federal health-care overhaul.
"Service members, their families and health-care providers who care for them deserve the best health care our country can provide. They would benefit from an integrated system that leverages best practices from other large and successful health-care organizations", said Carl Dvorak, president of Verona, Wisconsin-based Epic, in a statement.
Health care industry widely uses Epic's enterprise software. Johns Hopkins Medicine, Kaiser Permanente and the Cleveland Clinic are some of the users of the software. IBM and Epic have mad joint efforts for making some other health-care projects a success, including for Kaiser.
Popular Stories
Online retailer Amazon posted strong quarterly numbers and the company has positively surprised investors with record revenue.
Telekom Austria reported 2.6 percent decline in net profit for the quarter, mainly due to currency effects. The company reported total revenue for 1.11 billion euros and EBITDA of 410 million euros during third quarter.
French authorities have charged eight people planning to attack far-right politicians. Among eight men charged by the police, three are minors.
Japanese voters will vote today to decide the next government in Japan after nearly five years of power in Shinzo Abe’s control.
European markets closed strong on Friday as technology and financial services stocks helped market sentiment. European stocks traded lower earlier during the week due to political crisis in Spain due to Catalonia referendum.










