Fujitsu climbs in UK outsourcing market rankings

Issued by Sha-Izwe/CharlesSmithAssoc for CoCre8
Johannesburg, 17 Oct 2005

Analyst firm Ovum released its annual `Holway@Ovum Market Trends` report for 2005, which is considered by many to be the definitive source of analysis, opinion and comment on the UK software and IT services market.

The report states that Fujitsu`s excellent growth in 2004/5 has had a positive impact on its position in the rankings. The report rates Fujitsu:

* Third in outsourcing in the UK, from 4th place last year, leapfrogging IBM.
* Third out of the top 50 in IT services in the UK , a climb of two places from 5th position last year.
* Fourth out of the top 50 suppliers of SITS (IT services and software) in the UK.

Fujitsu Services` performance in 2004/04 was strong, with revenue growth of over 14%, thanks to some major wins in both the government and commercial sectors. Fujitsu Services` profit also increased from lb50.4 to lb85 million.

As part of Fujitsu Japan, the world`s third largest IT vendor, the company is capitalising on its ability to draw on the extensive pool of expertise and resources of the global group. This has been of particular benefit in its other European operations as well as the South African subsidiary which recently completed large operations management project for South African Airways using skilled staff from the Indian subsidiary.

Fujitsu Services

Fujitsu Services is one of the leading IT services companies in Europe, Middle East and Africa. It has an annual turnover of lb1.99 billion, (2.86 billion euros) employs 15 200 people and operates in over 20 countries. It designs, builds and operates IT systems and services for customers in the financial services, telecom, retail, utilities and government markets. Its core strength is the delivery of IT infrastructure management and outsourcing across desktop, networking and data centre environments, together with a full range of related services, from infrastructure consulting through integration and deployment.

Headquartered in London, Fujitsu Services is the European-centred IT services arm of the Fujitsu Group. The Fujitsu Group is a US$44.5 billion (EUR34 billion) leader in the provision of IT systems and services for the global marketplace.

Fujitsu has from the outset been fully supportive of South African government transformation agenda requirements for employment equity as well as having local BEE company Yard Capital as an active 30% shareholder of its South African operation.

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