FLEETCOR Migrates Comdata Business to IBM Cloud

IBM Cloud infrastructure provides on-demand scalability, rapid disaster recovery response capabilities, and enhanced security

NORCROSS, Ga.--()--FLEETCOR Technologies, Inc. (NYSE:FLT), a leading global provider of fuel cards and workforce payment solutions, today announced the successful migration of its Comdata business to IBM’s state-of-the-art cloud-based processing environment. The flexibility and advanced capabilities of this new infrastructure will allow FLEETCOR to rapidly accommodate growth while maximizing performance for customers and partners.

“Businesses are increasingly relying on cloud-based technologies to adapt to fast-moving changes in their industries. With IBM at the core of its IT operations, FLEETCOR is helping its customers face tomorrow’s challenges more than ever.”

Processing over 2 billion transactions across 53 countries in 2016, FLEETCOR has leveraged IBM’s Cloud Managed Services for z Systems to streamline global IT operations with added security and reliability, while reducing operating costs. The broader implementation with IBM started in 2016, allowing FLEETCOR to better accommodate business and operational fluctuations, minimize risk, enhance disaster recovery, consolidate technology infrastructure and simplify network architecture.

“Through this seamless migration with IBM, we’ve gained a flexible, cloud-based IT infrastructure that helps us reliably scale our transaction processing capabilities to meet the future needs of our customers and partners,” said Waddaah Keirbeck, Global Chief Technology Officer of FLEETCOR Technologies. “As our business continues to grow, our technology infrastructure is already in place.”

“Our extensive experience delivering skilled teams and technologies to leading companies in the payments industry was a natural fit for FLEETCOR and its need to migrate technology operations to the cloud,” said Philip Guido, IBM General Manager for IBM Global Technology Services North America. “Businesses are increasingly relying on cloud-based technologies to adapt to fast-moving changes in their industries. With IBM at the core of its IT operations, FLEETCOR is helping its customers face tomorrow’s challenges more than ever.”

In recognition of the company’s success, FLEETCOR was recently named to the FORTUNE 1000, joining a prestigious list of the country’s largest companies, as well as the FORBES Global 2000, a comprehensive annual ranking of the world's largest public companies.

About FLEETCOR

FLEETCOR is a leading global provider of fuel cards and workforce payment products to businesses. FLEETCOR's payment programs enable businesses to better control employee spending and provide card-accepting merchants with a high volume customer base that can increase their sales and customer loyalty. FLEETCOR serves commercial accounts in North America, Latin America, Europe, and Australia/New Zealand. For more information, please visit www.FLEETCOR.com.

About IBM Global Technology Services

IBM Global Technology Services offers end-to-end IT consulting and business services supported by an unparalleled global delivery network that is transforming its business to lead in an era of Cognitive and Cloud. As a cloud services integrator, GTS is managing the services and underlying infrastructure in an integrated and unified way. It is modernizing clients’ IT environments to help them meet the increasingly complex customer demands. GTS provides clients with innovative technology solutions that help them to improve their business processes and in turn, profitability.

Contacts

FLEETCOR Technologies, Inc.
Investor Relations
investor@fleetcor.com
770-729-2017
or
Media Relations
press@fleetcor.com
or
IBM Media Relations
Scott Cook, 312-669-0831
scotty@us.ibm.com

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