[Update below] Because CityTime worked out so well, our mayor has decided to try his hand at another massive attempt to streamline city infrastructure. IBM has just landed a $100 million, five-year NYC Citywide IT Infrastructure Services (CITIServ) contract. Meant to centralize and update data centers at 50 city agencies as well "provide better security and improve efficiency," the contract should, in layman's terms, take the city's servers "to the cloud." Just don't let this cloud rain where it shouldn't—OK Bloomberg?

Update: Whoops—we misunderstood the wording on this one. The city has reached out to us to clarify that IBM deal is actually a $7.7 million contract for one year which it expects will save $100 million over five years.