Richard Davies wrote: The UK has a good crop of technology pioneers in cloud computing - for example ElasticHosts, FlexiScale, Flexiant, OnApp - and also some strong government initiatives such as G-Cloud.
We will have to see whether this kind of technical leadership converts into swift mass-market adoption or not.
- US$110 Million Contract to Consolidate MAG-IAS's Infrastructure and
Systems Across Its Global Operations
Perot Systems Corporation (NYSE: PER) today announced that MAG Industrial
Automation Systems, a leading global machine tool and systems provider
serving the durable goods industry and headquartered in Sterling Heights, MI,
has selected it to provide infrastructure, consulting and applications
services as part of a 10-year, US$110 million information technology
outsourcing contract.
Perot Systems will provide communications, network, help desk, deskside
support, and applications maintenance and development services across
MAG-IAS's more than 30 locations in North America, Europe, South America, and
Asia. Under terms of the agreement, Perot Systems will streamline and
integrate best-practice business processes across MAG-IAS's global
organization.
"This agreement supports MAG-IAS's ongoing business as we continue to
integrate our existing technology and processes and prepare an IT platform to
accommodate future business growth," said James C. Benjamin, Executive Vice
President with MAG-IAS. "Perot Systems' global delivery capability and deep
industry expertise along with its culture offer the experience and support we
need to expand our business activities."
"It's an honor to be selected for our expertise and capabilities to
deliver IT services that will help MAG-IAS achieve its goal of becoming the
largest machine tool and systems company in the world," said Mike Morrison,
leader of manufacturing for Perot Systems' commercial solutions group. "More
importantly, we are proud of the trust and confidence MAG-IAS has in Perot
Systems to be a valued member of its team over the long term of the
contract."
About MAG-IAS
MAG Industrial Automation Systems is a group of leading machine tool and
systems companies serving the durable-goods industry. Utilizing a
comprehensive line of advanced equipment and technologies, in combination
with diverse process engineering knowledge, MAG-IAS provides tailored
manufacturing solutions to key industrial sectors across the globe.
MAG-IAS has a large portfolio of highly-recognized and well-respected
brands. With operations in the United States, Germany, China, Korea, Brazil,
France and the United Kingdom, the companies of MAG Industrial Automation
Systems rank in the top 5 in revenues in the global machine tool market,
serving such key industrial sectors as automotive, aerospace, energy, heavy
equipment, and general machining.
About Perot Systems
Perot Systems is a worldwide provider of information technology services
and business solutions. Through its flexible and collaborative approach,
Perot Systems integrates expertise from across the company to deliver custom
solutions that enable clients to accelerate growth, streamline operations and
create new levels of customer value. Headquartered in Plano, Texas, Perot
Systems reported 2005 revenue of US$2.0 billion. The company has more than
19,000 associates located in North America, Europe, and Asia. Additional
information on Perot Systems is available at http://www.perotsystems.com .
This press release contains forward-looking statements that are subject
to known and unknown risks and uncertainties that could cause actual results
to differ materially from those expressed or implied by such statements.
Among many factors that could affect our business and cause actual results to
differ materially are that we may bear the risk of cost overruns for custom
software development and implementation services, our contracts generally
contain provisions that could allow customers to terminate the contracts and
sometimes contain provisions that enable the customer to require changes in
pricing, and some contracts contain fixed-price provisions or penalties that
could result in decreased profits. Please refer to our Annual Report on Form
10-K for the fiscal year ended December 31, 2005, as filed with the U.S.
Securities and Exchange Commission and available at http://www.sec.gov , for
additional information regarding risk factors. We disclaim any intention or
obligation to revise any forward-looking statements whether as a result of
new information, future developments, or otherwise.