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Blue Cloud Softech Solutions Secures USD 15.5 Million Contract with IBM Cloud

Guavy AI Editorial Team
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IBM
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Blue Cloud Softech Solutions' US subsidiary, Global Impx Inc, has secured a significant contract with IBM Cloud worth USD 15.5 million, or approximately Rs 147 crore.

The fixed-fee order is for AI infrastructure design, deployment, and support services, which positions the company in one of the fastest-growing segments of enterprise technology spending.

The stock jumped 12.77% to Rs 22.61 after the announcement, with trading volumes surging over 330% above its five-day average.

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