Subsidiary commences delivery of US$15,500,000 AI infrastructure order from IBM Cloud Inc

Blue Cloud Softech's US subsidiary Global Impx Inc. has commenced delivery of an AI infrastructure order from IBM Cloud Inc — a fixed fee of US$15,500,000 (about ₹147 crore).

Wed 7 Oct 2026

Order Value

US$15,500,000 (about ₹147 crore)

Share of FY 2025-26 Revenue

roughly 14.7% of the company's FY 2025-26 consolidated revenue of ₹1,002 crore

Commencement Date

Work started 22 September 2026

What has been announced

Blue Cloud Softech Solutions Ltd said that Global Impx Inc., USA, a wholly owned subsidiary of the company, has commenced delivery of the AI Infrastructure Design, Deployment and Support Services engagement for IBM Cloud Inc. The order was received earlier; this update is about work starting on it.

Order at a glance

• Client: IBM Cloud Inc
• Service provider: Global Impx Inc., USA, a wholly owned subsidiary of Blue Cloud Softech Solutions Ltd
• Scope: design, deployment, configuration, integration, testing and support of an AI infrastructure environment
• Nature: international order (USA), deployment location New Jersey
• Contract value: US$15,500,000 fixed fee (approximately ₹147 crore), exclusive of applicable taxes
• Commencement: 22 September 2026, the commencement date under the Statement of Work
• Delivery structure: a 13-phase implementation plan, five payment milestones, and project reviews at least once every two weeks

How big it is for the company

The order is stated to be equivalent to about 14.7 per cent of the company's consolidated revenue of ₹1,002 crore for FY 2025-26. Rupee figures are indicative, converted at ₹95 per US dollar and rounded.

How the fees are payable

Payment is against five project milestones.

• Kick-off: 20 per cent, US$3.10 million, approximately ₹29.45 crore
• Design approval: 20 per cent, US$3.10 million, approximately ₹29.45 crore
• Infrastructure deployment: 30 per cent, US$4.65 million, approximately ₹44.18 crore
• Testing: 20 per cent, US$3.10 million, approximately ₹29.45 crore
• Go-live: 10 per cent, US$1.55 million, approximately ₹14.73 crore

Invoices are payable within 90 days of receipt.

What the work covers

The engagement is for an AI and machine-learning environment covering model development, training, fine-tuning and inference. It spans four stages: design (assessment of AI workloads and existing infrastructure, then high-level architecture and detailed design); build (GPU compute clusters, high-performance storage and networking, AI/ML platforms and Kubernetes-based orchestration); secure and operate (identity and access controls, network segmentation, encryption, monitoring, backup and disaster recovery); and validate and hand over (performance testing, documentation, knowledge transfer, production handover, followed by a stabilisation and support period).

The engagement runs to defined service levels: infrastructure and GPU availability of at least 99.5 per cent, critical alerts within 15 minutes and response to critical incidents within 30 minutes. A 30-day stabilisation and support period follows completion as per the client-approved project plan.

Where it stands now

Work is under way on Phase 1 (requirement gathering) and Phase 2 (infrastructure assessment). The next steps are high-level architecture and detailed design, followed by deployment of GPU compute, storage, networking and AI/ML platforms, testing and production handover. Design approval is the second of the five payment milestones.

Paperwork and timeline

The Statement of Work is issued under a Master Services Agreement dated 21 August 2026. Signatures are dated 18 September 2026 and the signed copy was received by the company on 24 September 2026, intimated on 25 September 2026. The company has now provided an update on commencement of delivery. Global Impx Inc. became a wholly owned subsidiary of Blue Cloud in June 2026.

Other disclosures in the update

• The promoter, promoter group or group companies have no interest in the entity awarding the order.
• The order is not a related party transaction.

What investors can track from here

The 13-phase implementation plan, the five payment milestones, the service levels stated in the Statement of Work and the client approvals along the way are the checkpoints the engagement will be measured against. The management commentary states the focus has moved from contract to delivery, with a clean design approval and a firm path to deployment as the priority.

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