Steel group extends long-term partnership with EDS by an additional four
RUSSELSHEIM, Germany, Jan. 14 /CNW/ -- EDS today announced that
ArcelorMittal, the world's largest steel group, has extended its contract
until the end of 2011. The agreement, worth approximately US$75 million, is
specific to infrastructure and application services at the Bremen and
Eisenhuttenstadt sites. EDS is working to simplify and standardize
ArcelorMittal's IT application environment, with a goal to completely remove
it from the mainframe by the end of 2010.
"We want to return to our core business, the manufacture of steel," said
Rudolph Egbert, ArcelorMittal Bremen's CIO, explaining the company's decision
to extend the contract with EDS. "IT is not our core business. It has to work
and meet our needs."
ArcelorMittal's goal with this new IT strategy is to reduce operating
costs at its Bremen and Eisenhuttenstadt sites in order to continue to match
the market's standard costs per metric ton of steel. The steel manufacturer
wishes to reduce its IT expenditures through cuts in expenses and a
reorganization of its existing structure.
"This new contract is an important step toward the future for both
companies," said Marion Meierhofer, client care delivery director at EDS. "EDS
is thrilled to continue working with ArcelorMittal and help innovate their IT
environment to help drive productivity and market growth."
EDS has significant industry-based knowledge in the aerospace and
defense, automotive, high tech and industrial manufacturing segments, with
more than 30 years of experience working with manufacturers. More than 25,000
EDS employees serve over 220 manufacturing clients in 40 countries.
EDS (NYSE: EDS) is a leading global technology services company
delivering business solutions to its clients. EDS founded the information
technology outsourcing industry 45 years ago. Today, EDS delivers a broad
portfolio of information technology and business process outsourcing services
to clients in the manufacturing, financial services, healthcare,
communications, energy, transportation, and consumer and retail industries and
to governments around the world. Learn more at http://www.eds.com.
The statements in this news release that are not historical statements,
including statements regarding the amount of new contract values, are
forward-looking statements within the meaning of the federal securities laws.
These statements are subject to numerous risks and uncertainties, many of
which are beyond the control of EDS which could cause actual results to differ
materially from such statements. For information concerning risks and
uncertainties regarding forward-looking statements, see EDS' most recent Form
10-K. EDS disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise.
Annabelle Baxter - EDS Luca Pescarmona - EDS EMEA
972 605 0978 39 335 5776005
For further information:
For further information: Annabelle Baxter of EDS, +1-972-605-0978,
email@example.com, or Luca Pescarmona of EDS EMEA, +39 335 5776005,
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