Siemens, Atos further extend five-year alliance with additional joint investments

BENGALURU: Siemens and Atos have decided to further strengthen their strategic alliance. The companies will further increase the funding of their joint innovation investment program by an additional €80 million to €230 million. On the fifth anniversary of the Siemens-Atos Alliance in late October, the Alliance Board expressed their satisfaction about the performance of the business collaboration, which continues over-achieving the expectations by far. Since 2011 Siemens and Atos have achieved a joint order intake of more than €1.7 billion.

The Atos-Siemens alliance was founded in 2011 and it is said to be one of the largest strategic relationships ever between a global engineering company and a global IT provider. Currently this successful collaboration covers key topics of the Siemens Digitalization strategy.

Leveraging on the increased funding the two companies have the ambition to further accelerate their joint business until 2020. The new funding will be focused to explore further opportunities for joint collaborations in the fields of Industrial Security, Industrial Data Analytics, Machine Intelligence, Service Enhancing Technologies and Web of Systems.

“The strategic alliance between Atos and Siemens that we decided to create five years ago is unprecedented. In those five years, we have built a unique partnership, a joint vision and extensive business and technology collaboration that are benefiting both customers of our two groups. Through our joint investment fund, we have enhanced our R&D programs in areas such as business analytics, cyber security, Internet of Things and digitalization services worldwide. We are now entering the next level of our digital cooperation, and I am convinced that our customers will even more benefit from our strategic alliance in the years to come,” said Thierry Breton, Chairman and CEO of Atos SE.

“We are very happy with the development of the Alliance over the past five years,” said Roland Busch, member of the Managing Board of Siemens AG and member of the Board of Atos SE. “The Alliance has driven additional joint order intake for both companies, it has sparked many new innovations and it has contributed to improved shareholder returns. I am also pleased that Atos is a key ecosystem partner for our MindSphere industrial cloud platform,” said Busch.