Feeds

Siemens outsources IT - to itself

ATOS Origin tie-up mooted

  • alert
  • submit to reddit

Top three mobile application threats

Siemens has handed over responsibility for its entire IT infrastructure to its struggling Siemens Business Services arm.

Under a three year plan, Siemens plans to save “hundreds of millions of euros” by handing the operation of all its units’ and regions’ IT infrastructure to SBS. At the same time, the firm said, SBS will benefit from additional business worth “several hundred millions of euros annually”.

The announcement came as Siemens announced it had sold its Germany-based hardware services operation, Sinitec, to maintenance operation a&o. At the same time press reports suggested Siemens was in discussions to merge SBS with fellow European services group, Atos Origin.

Offloading the maintenance arm while handing SBS work worth hundreds of millions of euros would be one way for Siemens to make SBS more attractive to any potential suitors.

The massive German engineering firm said it had already been working to harmonize IT platforms companywide, and said handing over its IT operation to SBS would allow the IT operation to be organized and operated under a shared services approach.

At the same time Siemens has given a massive boost to its loss-making services unit. SBS reported a loss of €25m in its first fiscal quarter of 2005, on sales of €1.3bn. New orders were €1.9bn. The company put the loss down to an unfavourable revenue mix.

A Siemens Business Services was said the company did not comment on rumours, but said the deal with its parenting company was a "forward looking strategy".

Related stories

BBC Tech staff become Siemens workers
National Savings jobs to India to cost UK £25m, says union
Siemens faces outsource protest strike
Atos Origin: resilient under pressure

3 Big data security analytics techniques

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Record labels sue Pandora over vintage song royalties
Companies want payout on recordings made before 1972
Ex–Apple CEO John Sculley: Ousting Steve Jobs 'was a mistake'
Twenty-nine years later, post-Pepsi exec has flat-forehead moment
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
Number crunching suggests Yahoo! US is worth less than nothing
China and Japan holdings worth more than entire company
prev story

Whitepapers

SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.