CSC AND CORDYS ESTABLISH STRATEGIC GLOBAL PARTNERSHIP
News Release -- October 06, 2009
Cordys Transitions Professional Services Branch to CSC
PUTTEN, The Netherlands, and FALLS CHURCH, Va., Oct. 6 -- CSC (NYSE: CSC), a global leader in technology-enabled solutions and services, and Cordys, a leading provider of software for business process innovation, today announced a strategic alliance. The alliance agreement covers implementation services and a worldwide reseller agreement for the Cordys Business Operations Platform. It also includes transitioning the entire Cordys Benelux professional services group to CSC to establish a CSC practice with expertise in Cordys technology and leverage this experience globally.
The Cordys solution contains a comprehensive business process management suite suitable for cloud computing operations due to its ability to orchestrate processes and Web services, both within organizations and across organizational boundaries. These capabilities enable corporations to facilitate rapid and effective changes and to foster greater innovation.
"Cordys Business Operations Platform allows organizations to change and innovate the way they do business with notable new speed and greater flexibility," said Lem Lasher, chief innovation officer and president of CSC's Global Business Solutions Group. "This is a key business requirement in the current economic climate. These new solution elements provide a range of tools for business transformation and directly support our enterprise-wide cloud strategy. CSC and Cordys share a common purpose of strong business ethics, innovation and entrepreneurial spirit, and we are delighted to announce and formalize this partnership."
"A year ago, Cordys made the strategic decision to follow a partner-centric business model and reorganized the company accordingly," said Jan Baan, chief executive officer of Cordys. "Despite the difficult economic climate, we have seen significant success with this strategy. Looking at the strong increase in both actual sales and pent-up demand for Cordys solutions, the agreement with CSC was the next logical step. Cordys will continue to focus on product development, sales and marketing, and support.
"We are very excited about the impact this strategic partnership will have on the market. Business process management continues to be one of the fastest growing segments of the software industry, and CSC is recognized as a global leader in the field of business innovation. The Cordys technology will further enhance that leadership. This fact made it easier for us to move our top consultants and implementation experts to CSC," added Baan.
"Economic conditions are driving the business transformation agenda for many executives," added Lasher. "Their current ERP and legacy systems are difficult and expensive to change as quickly as the business requires. The Cordys platform solves that problem by leveraging investments in existing systems and creating a flexible layer with new capabilities to change faster and be prepared for any situation. This approach supports the way CSC provides solutions and services to its clients worldwide."
Cordys is a global provider of software for business process innovation and Enterprise Cloud Orchestration. The industry-leading Cordys Business Operations Platform (BOP) consists of a complete suite for next generation Business Process Management (BPM), Business Activity Monitoring (BAM) and innovative SaaS Deployment Frameworks (SDF), delivering a complete Platform as a Service (PaaS) solution. It includes an open, integrated set of tools & technologies including Composite Application Framework (CAF), Master Data Management (MDM) and a SOA Grid. The Cordys platform and its cutting-edge Cloud technology empowers customers to dramatically improve the speed of change, fundamentally altering the way they innovate their Business Operations to achieve a true customer-centric philosophy. Global 2000 companies worldwide have selected Cordys to achieve business performance improvements such as increased productivity, reduced time to market, higher security and faster response to ever-changing market demands. Headquartered in the Netherlands, Cordys is a global company with offices in the USA, the UK, Germany, China, India and Israel. www.cordys.com
CSC is a global leader in providing technology-enabled solutions and services through three primary lines of business. These include Business Solutions and Services, the Managed Services Sector and the North American Public Sector. CSC's advanced capabilities include systems design and integration, information technology and business process outsourcing, applications software development, Web and application hosting, mission support and management consulting. Headquartered in Falls Church, Va., CSC has approximately 92,000 employees and reported revenue of $16.2 billion for the 12 months ended July 3, 2009. For more information, visit the company's Web site at www.csc.com.