STOCKHOLM; April 19, 2010 – Accenture (NYSE: ACN) will provide Electrolux IT Solutions AB, a subsidiary of Electrolux, with application development and management services in a global multi-year outsourcing agreement. Financial terms were not disclosed.
Under the terms of the agreement Accenture will develop and manage a portion of Electrolux’s existing portfolio of enterprise applications including JD Edwards, Cognos, and Lotus Notes through a centralized global delivery model to help accelerate its current information technology (IT) transformation program. This transformation program is designed to enhance operational efficiency, reduce technology costs, and better anticipate and meet future business demands. Also under the agreement, Accenture will continue to provide application development services for SAP applications which were covered by a contract signed in 2008.
The services will be delivered to Electrolux in 22 countries through Accenture’s Global Delivery Network including delivery centers in India (Hyderabad), with local service management in Sweden, Germany, the United States, Brazil, Thailand, Australia and China.
“The decision to outsource the development and support for JD Edwards, Cognos, and Lotus Notes will ensure the availability of skills and resources to fulfill future delivery requirements,” said Bertil Norberg, CIO at Electrolux. “Given its global competitiveness combined with its deep experience with application outsourcing, Accenture is a natural choice to handle future development and management of the enterprise applications.”
“We are very pleased to have been selected to work with Electrolux in managing and further developing the company’s enterprise applications,” said Peter Meinhardt, country managing director for Accenture in Sweden. “We look forward to delivering flexible and cost-effective services that will enhance enterprise solutions at Electrolux and support the company’s future development.”
Accenture is a global management consulting, technology services and outsourcing company, with more than 181,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. The company generated net revenues of US$21.58 billion for the fiscal year ended Aug. 31, 2009. Its home page is www.accenture.com
Electrolux is a global leader in household appliances and appliances for professional use, selling more than 40 million products to customers in more than 150 markets every year. The company focuses on innovations that are thoughtfully designed, based on extensive consumer insight, to meet the real needs of consumers and professionals. Electrolux products include refrigerators, dishwashers, washing machines, vacuum cleaners and cookers sold under esteemed brands such as Electrolux, AEG-Electrolux, Eureka and Frigidaire. In 2009, Electrolux had sales of SEK 109 billion and 51,000 employees.
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