View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
May 6, 1994


By CBR Staff Writer

IBM France SA’s facilities management subsidiary Axone SA has seen nothing of the country’s economic malaise since its inception and 1993 was no exception. Largely due to a contract from its parent company for some $155m, Axone reported last year a 190% increase in its revenues, to $207m in 1993 from about $72m in 1992, with net profit up 7.3% to $3.8m. Although facilities management remains a tiny part of the total French information technology market (2.7% according to market research firm Pierre Audoin Conseil), it is growing at over five times the total market rate – at 27% in 1992-93 compared with just 5% for the market as a whole.

Content from our partners
Green for go: Transforming trade in the UK
Manufacturers are switching to personalised customer experience amid fierce competition
How many ends in end-to-end service orchestration?

Websites in our network
Select and enter your corporate email address 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.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.