Return to latest IT industry news
Novartis and BT in IT outsourcing deal |
Breaking news from ihotdesk, the home of IT outsourcing in London: |
| Category IT Outsourcing |
| 29 October 2007 |
|
Novartis has struck a $500 million (£240 million) IT outsourcing deal with British Telecom (BT), according to new reports. The Switzerland-based healthcare company has outsourced its global IT infrastructure to BT in a seven-year contract. A spokesperson for the Swiss company said that less than 200 Novartis jobs would be affected by the deal and that many more positions would be created by the contract. "Part of the savings can be invested back in the business," the spokesperson added. Novartis' decision to outsource its IT operations to BT is part of a number of productivity initiatives the company is currently undertaking, in what has been described in some reports as a "cost-cutting spree". The Swiss company is a world leader in the research, development, manufacturing and marketing of products to improve health and well-being. In 2006, Novartis made $37 billion (£17.94 billion), spent $5.4 billion (£2.61 billion) on research and development and had 98,788 employees.  © Adfero Ltd |
| About our writers |
| Related IT Outsourcing articles |
|
16/07/2010 - Newly-discovered electrons could boost computer performance
15/07/2010 - Tech spending expecting to fall, outsourcing could provide solution 15/07/2010 - Security 'top IT priority for public sector' 14/07/2010 - Outsourcing study reveals importance of risk management 14/07/2010 - IT start-ups frustrated by red tape and lack of funding, EC says Read all IT industry news |
If you are looking to Outsource all or part of your IT Support in London or throughout the United Kingdom and would like to meet with one of our consultants for a no-obligation discussion please call us on 08000 321000, email us at info@ihotdesk.com or request a call-back.
