Allen & Overy Signs $13.8 Million Expansion Agreement with SAVVIS
ST. LOUIS–LAWFUEL – The Legal Newswire – SAVVIS, Inc. (NASDAQ:SVVS), a global leader in IT infrastructure services for business and government applications, today announced that leading global law firm Allen & Overy LLP will expand its current contract with SAVVIS to include outsourcing its UK server and storage IT infrastructure in a continued transition to fully managed services.
Allen & Overy is one of the world’s largest international law firms, with approximately 5,000 employees at 24 locations worldwide. The firm is experiencing record growth due to international investment and requires a massive amount of computing and network capacity to meet daily client needs and provide constant communication between its global offices. The SAVVIS solution addresses these key requirements and will enable Allen & Overy to have additional availability, security and flexibility to meet current and future demand.
The total contract with SAVVIS is worth in excess of $24 million (USD) and includes the initial $11.2 million deal (announced separately on January 31, 2006). Under the terms of the contract expansion, which is an additional $13.8 million, Allen & Overy will migrate its UK business-critical server and storage area network (SAN) operations to SAVVIS. The infrastructure supports Allen & Overy’s corporate website and intranet as well as applications such as its ERP and document management systems and messaging and collaboration solutions.
SAVVIS will host and manage Allen & Overy’s server and SAN estate at its data center on the outskirts of London and will also take responsibility for managing and monitoring Allen & Overy’s internal data center at its headquarters in London. The integrated solution enables consistency and a high degree of resilience and business continuity, all of which are essential for a law firm.
The expanded contract is part of Allen & Overy’s long term IT strategy to grow and strengthen its business by enabling IT staff to focus on value-add projects that maintain a competitive advantage over its legal peers.
“Over the past 18 months, SAVVIS’ hosting services have met our demanding requirements with regards to security, reliability and international reach. SAVVIS has also demonstrated the highest level of performance and service, giving us confidence to expand our contract to include a broader set of fully managed services,” said Dave Burwell, CIO of Allen & Overy. “We view the management of IT infrastructure as being mission-critical to our business, but not a differentiator. By allowing SAVVIS to take over the day-to-day management of our IT infrastructure, we can be sure that a high calibre of staff and technology will be maintained whilst our internal IT team can focus its attention on delivering value-add projects to continue to grow our international business.”
“SAVVIS provides an integrated portfolio of managed hosting and network services that are designed to be flexible and can grow easily with companies over time,” said Richard Warley, International Managing Director for SAVVIS. “As Allen & Overy continues to expand and adapt, it needs IT systems and operations to facilitate its business. We are delighted to have met Allen & Overy’s expectations so far and look forward to continuing to support its current business and future international growth.”
About Allen & Overy LLP
Allen & Overy is an international legal practice comprising Allen & Overy LLP and its affiliated undertakings. With approximately 5,000 staff, including some 450 partners, working in 24 major centers worldwide, they are able to provide effective, coordinated and decisive legal advice across three continents. The firm’s clients include some of the world’s leading businesses, financial institutions, governments and private individuals.
SAVVIS, Inc. (NASDAQ:SVVS) is a global leader in IT infrastructure services for business applications. With an IT services platform spanning North America, Europe, and Asia, SAVVIS leads the industry in delivering secure, reliable, and scalable hosting, network, and application services. These solutions enable customers to focus on their core business while SAVVIS ensures the quality of their IT systems and operations. SAVVIS’ strategic approach combines virtualization technology, a global network and 23 data centers, and automated management and provisioning systems. For more information about SAVVIS, visit www.savvis.net.
This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from SAVVIS’ expectations. Certain factors that could affect actual results are set forth as risk factors in SAVVIS’ SEC reports and filings, including its annual report on Form 10-K and all subsequent filings. SAVVIS assumes no obligation to update or supplement forward-looking statements.