Strategic alliance marks fifth anniversary Joint order intake of over €1.7 billion since 2011 achieved for joint customers Funding for joint innovation investment program increased to €230 million Ambition to further accelerate joint business ...
- Strategic alliance marks fifth anniversary
- Joint order intake of over €1.7 billion since 2011 achieved for joint customers
- Funding for joint innovation investment program increased to €230 million
- Ambition to further accelerate joint business until 2020
Paris, Munich, November 17th 2016 - Atos and Siemens have decided to further strengthen their strategic alliance. The companies will further increase the funding of their joint innovation investment program by an additional €80 million to €230 million. On the fifth anniversary of the Siemens-Atos Alliance in late October, the Alliance Board expressed their satisfaction about the performance of the business collaboration, which continues over-achieving the expectations by far. Since 2011 Siemens and Atos have achieved a joint order intake of more than €1.7 billion.
Leveraging on the increased funding the two companies have the ambition to further accelerate their joint business until 2020. The new funding will be focused to explore further opportunities for joint collaborations in the fields of Industrial Security, Industrial Data Analytics, Machine Intelligence, Service Enhancing Technologies and Web of Systems.
"The strategic alliance between Atos and Siemens that we decided to create five years ago is unprecedented. In those five years, we have built a unique partnership, a joint vision and extensive business and technology collaboration that are benefiting both customers of our two groups. Through our joint investment fund, we have enhanced our R&D programs in areas such as business analytics, cyber security, Internet of Things and digitalization services worldwide. We are now entering the next level of our digital cooperation, and I am convinced that our customers will even more benefit from our strategic alliance in the years to come", said Thierry Breton, Chairman and CEO of Atos SE.
"We are very happy with the development of the Alliance over the past five years," said Roland Busch, member of the Managing Board of Siemens AG and member of the Board of Atos SE. "The Alliance has driven additional joint order intake for both companies, it has sparked many new innovations and it has contributed to improved shareholder returns. I am also pleased that Atos is a key ecosystem partner for our MindSphere industrial cloud platform," said Busch.
The Atos-Siemens alliance, founded in 2011, forms one of the largest strategic relationships ever between a global engineering company and a global IT provider. Currently this successful collaboration covers key topics of the Siemens Digitalization strategy.
Atos SE (Societas Europaea) is a leader in digital services with pro forma annual revenue of circa € 12 billion and circa 100,000 employees in 72 countries. Serving a global client base, the Group provides Consulting & Systems Integration services, Managed Services & BPO, Cloud operations, Big Data & Cybersecurity solutions, as well as transactional services through Worldline, the European leader in the payments and transactional services industry. With its deep technology expertise and industry knowledge, the Group works with clients across different business sectors: Defense, Financial Services, Health, Manufacturing, Media, Utilities, Public sector, Retail, Telecommunications, and Transportation. Atos is focused on business technology that powers progress and helps organizations to create their firm of the future. The Group is the Worldwide Information Technology Partner for the Olympic & Paralympic Games and is listed on the Euronext Paris market. Atos operates under the brands Atos, Atos Consulting, Atos Worldgrid, Bull, Canopy, Unify and Worldline.
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Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. The company is active in more than 200 countries, focusing on the areas of electrification, automation and digitalization. One of the world's largest producers of energy-efficient, resource-saving technologies, Siemens is No. 1 in offshore wind turbine construction, a leading supplier of gas and steam turbines for power generation, a major provider of power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. The company is also a leading provider of medical imaging equipment - such as computed tomography and magnetic resonance imaging systems - and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2015, which ended on September 30, 2015, Siemens generated revenue of €75.6 billion and net income of €7.4 billion. At the end of September 2015, the company had around 348,000 employees worldwide.
Further information is available on the Internet at www.siemens.com.
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Source: ATOS via Globenewswire
Source(s) : ATOS
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