EDS Signs IT Outsourcing and Transformation Agreement With CAT Group
July 21 2008 - 9:00AM
PR Newswire (US)
PLANO, Texas, July 21 /PRNewswire-FirstCall/ -- EDS today said it
has signed a seven-year agreement with the CAT Group, a worldwide
provider of transport and logistics services, to develop,
integrate, deploy and support the company's software applications.
Financial terms were not disclosed. This contract builds upon an
information technology (IT) infrastructure agreement CAT Group
awarded to EDS in 2005. Under that agreement, which includes
network management and governance and continues through 2015, EDS
manages the CAT Group's entire IT infrastructure, which includes
2,000 work stations at 131 sites in 19 countries. "For the past
three years, EDS has combined its technical and functional
expertise and business knowledge to guarantee our infrastructure
delivers innovation and high performance," said Alejandro Forbes,
CEO of the CAT Group. "The commitment and professionalism of the
team at EDS can clearly be seen every day throughout our projects.
It was a logical decision to entrust the management of all our
applications to EDS. With this new agreement, we are expecting a
high level of IT cost optimisation, valued at about $44 million
over the next five years." "As our client's business ally, we are
delighted and proud to announce the renewal and extension of our
relationship with the CAT Group," said Jim Dullum, vice president,
EDS Global Transportation Industry. "This new agreement clearly
recognises our ability to manage the application assets of an
international enterprise. It represents an important and strategic
relationship between CAT Group and EDS." As a leading
transportation IT services provider, EDS' end-to-end capabilities
encompass air carriers, airports, cruise lines, hotel companies,
logistics and modal providers, and major reservations networks.
More than 9,000 EDS employees bring world-class technology
solutions and infrastructure to help more than 300 transportation
and travel-related clients sustain competitive advantage in a
highly dynamic global market. About CAT CAT Group is a leading
automotive logistics company. It provides finished vehicle
logistics and related value-added services as well as a full
logistics service for vehicle spare parts, motorcycles and
industrial products worldwide. It employs over 2,800 people with a
turnover of euro 1,070 M in 2007. In 2007, CAT Group delivered more
than 2.4 million new vehicles and in excess of 800,000 tonnes of
cargo. About EDS EDS is a leading global technology services
company delivering business solutions to its clients. EDS founded
the information technology outsourcing industry more than 46 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 eds.com. CONTACT:
Annabelle Baxter - EDS Aude Chenebaux - EDS France +1 972 605 0978
01 55 62 32 03 DATASOURCE: Electronic Data Systems Corporation
CONTACT: Annabelle Baxter, +1-972-605-0978, , or France, Aude
Chenebaux, 01 55 62 32 03, , both of EDS Web site:
http://www.eds.com/
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