View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Data
March 26, 2018

ATOS inks further £87m digitalisation deal with Siemens

Duo have secured joint orders worth €2.5 billion since 2011

By April Slattery

French IT services giant ATOS has expanded its joint investment programme with Germany’s Siemens by a further €100 million (£87 million) the company said this morning – announcing an “ambitious” joint go-to-market plan.

The duo inked a rare Franco-German business partnership in December 2010 that created Europe’s largest IT services actor.

As part of the deal, Siemens exchanged its IT Solutions and Services arm for 12.5 million of newly issued Atos Origin shares (then valued at €414 million), a five-year convertible bond of €250 million and a cash payment of €186 million.

As part of the deal Siemens concluded a seven-year outsourcing contract worth around €5.5 billion, under which Atos provides Managed Services and Systems Integration to Siemens.

The new programme “aims to develop joint capabilities in data analytics, artificial intelligence, advanced IoT & connectivity services, cyber security and digital service technologies to support… customers through an end-to-end IoT suite”, the companies said.

ATOS inks further £87m digitalisation deal with Siemens

The partnership aims to better the use of digital analytics.

The move comes as Siemens continues to push the digitalisation of manufacturing. This allows manufacturers to create a “digital twin” with the ability to design, simulate, and test complex products in the virtual domain before making the first physical prototype – then refining them to reflect performance data passed back from IoT-connected parts.

Since the start of the partnership in 2011 Siemens and Atos have achieved a joint order intake of €2.5 billion, they said, admitting that it “significantly surpassed all expectations.”

Content from our partners
Why all businesses must democratise data analytics
How start-ups can take the next step towards scaling up
Unlocking the value of artificial intelligence and machine learning

The two now work together across systems integration, application management, cloud computing, IT solutions for industry software, mobility, building technologies, smart power grids and other IT services, including cyber security for critical infrastructure.

Siemens also looks to AWS
The French company joins ‘Charter of Trust’
Salesforce also looks to boost analytics capabilities

It comes after ATOS – the IT partner for the recent Olympic & Paralympics Winter Games in PyeongChang – claimed to have successfully hosted 100 percent of all critical applications in the cloud for the first time, delivering systems for accreditation, team entries, sport qualification and workforce management remotely.

Topics in this article: , , , ,
Websites in our network
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
I consent to New Statesman Media Group collecting my details provided via this form in accordance with the Privacy Policy