Printable Edition Click Here  :  Subscribe   :   Page  4  : News   :  March 2009    Go to page:  1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16           Previous Page      Next Page

Atos Origin aims to improve margins in 2009     Atos Origin revealed its long-awaited action plan to improve profitability, as it posted 2008 earnings in line with industry watchers’ forecasts.       Full-year 2008 group revenue reached €5.479bn, which the company said represented an organic growth of     5.6%.       Net income halved to €23m euros and Atos announced it won’t pay a dividend for the year.    Atos said all service lines contributed to the revenue organic growth with 1% in consulting, 5.4% in systems integration and 6.4% in managed operations.     Netherlands which were affected by the re-insourcing of desktop services by KPN.       Atos gave details of its re-organisation plans and said its ambition is to improve by 50 to 100 basis points its operating margin in 2009. Under the new organisation     structure, Atos will operate with three globally integrated divisions (Consulting, Systems Integration and Managed Operations).       The company said it expects a “slight decrease” in 2009 revenues.           All major geographical areas reported organic growth except, as expected, The

Roland Berger enters into an alliance with Tata Strategic Management Group     Roland Berger Strategy Consultants, one of the largest strategy consultancies in the world, and Tata Strategic Management Group (Tata Strategic), the largest Indian owned management consulting firm in South Asia, have entered in to an alliance to provide services in India and abroad       This alliance combines Tata Strategic’s unrivalled understanding of the Indian market with Roland Berger’s experience in international markets, to provide a complete range of services to clients in India and overseas. This is the first formalized     cooperation between a major international strategy consulting firm and a domestic consultancy in India.       This alliance will enable both firms to offer Indian companies high-end services requiring specialized or international experience. The alliance will support international firms in their expansion plans in India and large Indian firms planning to develop in Europe, China and Japan. The two companies will also seek to jointly develop new markets, including West Asia, South-East Asia and Africa.       The Indian strategy consulting market is     estimated at $250m and is expected to grow at 10-15% annually over the next three years despite the current economic downturn.       David Stern, UK Managing Partner at Roland Berger Strategy Consultants said in London: “This alliance enables us to offer world class strategy support for UK firms entering or expanding in the Indian market.”       Vincent Mercier, Member of Roland Berger Strategy Consultants Executive Committee and responsible for the cooperation, said in Mumbai: “Combining our global know-how with the local expertise of Tata Strategic will allow us     to offer the best possible service to our clients. Despite the current economic crisis, India continues to demonstrate significant prospects both in the short and long term. We are confident that our global experience will add value for Tata Strategic and we are excited about the opportunities ahead.”       Raju Bhinge, CEO, Tata Strategic Management Group, said, “We are extremely pleased with the association with Roland Berger Strategy Consultants and are confident that the synergy will create significant opportunities. This alliance enables Tata     Strategic to offer cutting-edge solutions to its India based customers and puts us on par with all the major management consulting firms operating in India.”       Combining the skills of Roland Berger and Tata Strategic will create a strong, unique consulting capability, which will leverage each firm’s attributes and expertise to work jointly on projects. The alliance will initially offer services to customers in three core practice areas - Automotive, Chemicals & Energy and Consumer Goods & Retail.

Consulting Times | Page 4 Previous Page     Next Page