Bharti and IBM Announce First-of-a-Kind Business Transformation Agreement in Global Telecommunications Industry.Business Editors/High-Tech Writers NEW DELHI New Delhi (dĕl`ē), city (1991 pop. 294,149), capital of India and of Delhi state, N central India, on the right bank of the Yamuna River. , India--(BUSINESS WIRE)--March 26, 2004 Bharti Tele-Ventures Ltd., India's leading telecommunications conglomerate, and IBM India IBM India, significantly, is now the fourth largest employer in the Indian IT industry - only behind TCS, Infosys and Wipro. India has the second largest workforce for IBM now[1], second only to its home - the IBM US. From about 53,000 employees in its rolls now,. today announced a long term on demand business transformation agreement. This agreement will enable Bharti Tele-Ventures to deliver world-class telecommunication services to the Indian market and support its business growth. The comprehensive agreement between Bharti Tele-Ventures and IBM India encompasses three components: 1. A first-of-a-kind initiative to consolidate, transform and manage comprehensive Information Technology (IT) infrastructure and applications. 2. The joint development and marketing of IT and telecommunications solutions and services for India. 3. Bharti Tele-Ventures to be a preferred supplier of telecommunications services In telecommunication, the term telecommunications service has the following meanings: 1. Any service provided by a telecommunication provider. 2. to IBM India. Announcing the agreement, Mr. Sunil Bharti Mittal, Chairman and Managing Director, Bharti Enterprises Bharti Enterprises is a large business conglomerate based in New Delhi, India, operating primarily across India and in the Seychelles. As of November 24, 2006, its approximate market capitalisation was Rs. 1. , said, "The partnership with IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) is set to redefine Verb 1. redefine - give a new or different definition to; "She redefined his duties" define, delimit, delimitate, delineate, specify - determine the essential quality of 2. the existing paradigms in the telecommunication industry. It will add unparalleled value to Bharti at multiple levels, be it for our customers, employees and shareholders. The agreement demonstrates our strategic intent to create a globally admired telecommunication company. With predictable IT spend, improved cash flow and optimized use of technology resources, the agreement with IBM will enhance Bharti Tele-Ventures' shareholder value." Ms. Colleen col·leen n. An Irish girl. [Irish Gaelic cailín, diminutive of caile, girl, from Old Irish. Arnold, General Manager, IBM Communications Sector, Worldwide, said, "We believe the next big thing in technology isn't technology itself, but a better way to make it work. With this on demand agreement, Bharti Tele-Ventures will be able to take advantage of IBM's innovative technology coupled with our business expertise in working with telecommunication service providers worldwide. We will enable Bharti Tele-Ventures to adapt to changing market conditions and increase speed-to-market of new and innovative offerings for customers." Telecom solutions powered by a world class IT architecture Bharti currently has a leading presence in all the areas of telecommunication services and plans to expand its footprint in India, thereby increasing its IT and connectivity needs. Bharti Tele-Ventures' collaboration with IBM will draw an IT roadmap with a state-of-the-art infrastructure to support its existing and new business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets . The result is a strategic, on demand business transformation agreement capable of servicing the needs of millions of customers. This business transformation will involve outsourcing Bharti Tele-Ventures' hardware, software and IT services requirements to IBM. This includes all customer-facing IT applications, such as billing, customer relationship management (CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. ) and data warehousing See data warehouse. data warehousing - data warehouse . In addition, IBM will service Bharti Tele-Ventures' internal-facing applications, for example, intranet, email and online collaboration. On the infrastructure front, IBM will consolidate Bharti Tele-Ventures' data centers, IT help desks, and enhance its disaster recovery capabilities. IBM will deploy an open standard-based framework, Service Provider Delivery Environment (SPDE SPDE Service Provider Delivery Environment SPDE stochastic partial differential equation SPDE Solid Phase Dynamic Extraction SPDE Solar Plasma Diagnostic Experiment SPDE Spedus Corp (stock symbol; New York, NY) ), allowing Bharti Tele-Ventures the flexibility to introduce the latest in voice, data and content-based services to its customers. This superior IT architecture will allow Bharti Tele-Ventures to adapt to rapid changes in technology, as well as provide a greater level of freedom and flexibility to enhance customer experience. The agreement specifies that the payment made to IBM India will be linked to the percentage of revenues generated by Bharti Tele-Ventures and pre-defined service-level agreements. Based on estimates agreed between Bharti and IBM, the total deal for the first five years is estimated to be in the range of US$250-US$275million, the total deal, over a 10-year period, is likely to be in the range of US$700-US$750million. The percentage-linked revenue payment is modelled to decrease with the increase in Bharti Tele-Ventures' revenues. Under the provisions of the agreement, employees currently involved in the operation and maintenance of the IT infrastructure of Bharti will be transferred to IBM. Joint go-to-market services Bharti Tele-Ventures and IBM will pursue joint go-to-market opportunities and avenues for selling value-based services in the areas of communications, IT services and convergence. These will bring together Bharti Tele-Ventures' leading-edge network and integrated communications service-provider capabilities with IBM's unparalleled innovation and technology leadership. The joint go-to-market initiative would thus provide the benefits of seamless communication and computing computing - computer to corporate and enterprise customers, such as e-business hosting services and business continuity and recovery services. The initiative will also introduce application services See ASP and Web services. to the small business and mass market segments including online content and managed e-mails. The collaboration is backed by resource investments from both parties. Bharti identified as a preferred supplier of telecommunication services to IBM India IBM India has identified Bharti Tele-Ventures as a preferred supplier of telecommunications services, such as bandwidth, satellite connectivity, last-mile wireless and wireline access, and national and international long distance communication solutions. This relationship will allow IBM to leverage Bharti's unparalleled telecommunications capabilities across wireless and wireline services. About IBM Global Services IBM Global Services is the world's largest business and technology services provider. It is the fastest growing part of IBM, with over 190,000 professionals serving customers in more than 160 countries. IBM Global Services is the world's largest information technology services and consulting provider, generating record revenue and signings in 2003 of $42.6 billion and $55.5 billion, respectively. Some 180,000 professionals in more than 160 countries help clients integrate information technology with business value -- from the business transformation and industry expertise of IBM Business Consulting Services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" to hosting, infrastructure, technology design and training services. Leveraging IBM's unequalled scope and scale, IBM Global Services delivers integrated, flexible and resilient processes -- across companies and through business partners -- that enable clients to benefit from the on demand business model by saving money and transforming their businesses to be more competitive. For more information, visit www.ibm.com/services. About Bharti Tele-Ventures Bharti Tele-Ventures is India's leading private sector provider of telecommunications services with an aggregate of 7 million customers as of end of February consisting of over 6 million mobile customers. The Company today offers mobile services in fifteen out of 23 circles in India. The Company also provides fixed - line services in 5 circles. The company complements its mobile and fixed-line services with national and international long distance services. The company also has a submarine cable See Telegraph. See See also: Cable Submarine landing station at Chennai, which connects the submarine cable connecting Chennai and Singapore. The company provides reliable end-to-end data and enterprise services to the corporate customers by leveraging its nationwide fibre optic backbone, last mile connectivity in fixed-line and mobile circles, VSATs, ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. and international bandwidth access through the gateways and landing station. For more information, visit www.bhartiteleventures.com IBM, the IBM logo, e-business logo and SPDE are trademarks or registered trademarks of International Business Machines Corporation, in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , other countries or both. |
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