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Atos and Siemens to accelerate their joint business by 2020


By MYBRANDBOOK


Atos and Siemens to accelerate their joint business by 2020

Atos and Siemens have announced the reinforcement of their strategic cooperation, with plans to accelerate their joint business until 2020 through an ambitious joint go-to-market plan and the strengthening of their joint innovation and investment program. The program has been increased by €100 million, totalling €330 million – more than three times the original sum. This will further support the Siemens and Atos IoT MindSphere-Codex strategic cooperation as well as the joint go-to-market.

 

The joint innovation and investment program aims to enhance Siemens and Atos’ digital strategy and develop joint capabilities in Data Analytics, Artificial Intelligence, advanced IoT & connectivity services, cybersecurity and digital service technologies to support the digital transformation of their customers through an end-to-end IoT suite.

 

Since the start of the partnership in 2011, Siemens and Atos have achieved a joint order intake of €2.5 billion and significantly surpassed all expectations.

 

At its last meeting on March 9, the Alliance Board expressed its satisfaction about the performance of the business collaboration, which continues to exceed its objectives.

 

Atos and Siemens formed a global strategic partnership in summer 2011. As part of this partnership, Siemens contributed its IT solutions and services business to Atos in exchange for around 12.5 million Atos shares. The deal created a new European IT champion for systems integration, application management, cloud computing, with IT solutions for industry software, mobility, building technologies, smart power grids and other IT services.

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