EDS announced that Rolls-Royce has agreed to extend its successful technology, services and consulting relationship with EDS. The global aerospace, defense, marine and energy group has awarded EDS a $2.1 billion contract to provide global information technology services and business solutions, covering e-business, consulting and supply chain management.
The new agreement, which runs until 2012, builds on an existing business relationship originally signed with Rolls-Royce`s aerospace business in 1996 that was later expanded to include the company`s industrial business and Indianapolis-based operations. Under the terms of the new contract, $1.7 billion is incremental revenue to EDS.
"We are very pleased to be a partner in Rolls-Royce`s continuing success around the world," said Jeff Heller, EDS` President and Chief Operating Officer. "Together, we`ve shown that information technology and a partnership based on service excellence can be a powerful, competitive advantage." "Value for money and service delivery will be key in providing the technology and consulting expertise in e-business and supply chain management which Rolls-Royce will need in the next decade," explained Chris Hole, Director of Procurement, Rolls-Royce plc. "EDS has become our strategic partner in building a truly global, integrated company."
"Today`s agreement is a powerful testament to Rolls-Royce`s dedication to quality and to EDS` commitment to service excellence," said John Meyer, President, EDS Europe, Middle East & Africa. "This is one of the most successful outsourcing contracts in the world. Already it has delivered real measurable benefit and helped to completely modernize the Rolls-Royce IT infrastructure. In the future, it will deliver even greater value for money and will be critical in continuously reducing their infrastructure cost and in supporting their growth and expansion into new markets."
The focus for the initial phase of the new agreement between Rolls-Royce and EDS will be on enabling business integration and work-share collaboration. This will include e-business solutions, with plans currently for three portals covering supply chain, design collaboration and corporate information; consulting-led business initiatives for global supply chain; innovative Application Service Provision offerings; and further improvements in IT services. EDS already provides IT services to Rolls-Royce across the UK and North America. In addition, EDS is responsible for Rolls-Royce`s IT infrastructure, network, systems and applications, and end-user support.
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Rolls-Royce plc
Rolls-Royce plc is a global company providing power on land, sea and air. The company has established leading positions in civil aerospace, defense, marine and energy markets. Its core gas turbine technology has created one of the broadest product ranges of aero engines in the world, with 55,000 engines in service in over 150 countries. Customers include more than 500 airlines, 2,400 corporate and utility operators and 160 armed forces, using both fixed and rotary wing aircraft.
EDS
EDS is a recognized global leader in providing E-business and information technology services to 9,000 business and government clients in about 50 countries around the world. Having founded the IT services industry more than 35 years ago, EDS delivers high value management consulting, electronic business solutions, business process management, and systems and technology expertise to help clients simplify complexity and achieve superior value in the digital economy. The company brings deep industry practice knowledge to solve challenges in a wide variety of industries, including communications, energy and chemicals, financial services, government, healthcare, products and retailing, and travel and transportation. EDS reported revenues of $18.5 billion in 1999. The company`s stock is traded on the New York Stock Exchange (NYSE:EDS) and the London Stock Exchange. To find out more about the EDS vision, visit EDS at eds.com