Capgemini Announces New Business with Tenneco.Leading Automotive Supplier Chooses Capgemini as Global Supplier for Applications Management and Development Initiative NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Capgemini, one of the world's foremost providers of consulting, technology and outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. services, announced today that it has signed a five-year agreement with Tenneco Inc. (NYSE NYSE See: New York Stock Exchange : TEN), one of the world's largest designers, manufacturers and marketers of emission control The selective and controlled use of electromagnetic, acoustic, or other emitters to optimize command and control capabilities while minimizing, for operations security: a. detection by enemy sensors; b. mutual interference among friendly systems; and/or c. and ride control products and systems for the global automotive original equipment market and the aftermarket Aftermarket See: Secondary market. aftermarket See secondary market. , to provide a range of applications management and development and asset management services. This contract reinforces Capgemini's position in the automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. and its experience with helping automotive clients implement technology initiatives to meet their business goals. Capgemini has nearly 30 years of experience and more than 20,000 professionals worldwide who provide Application Outsourcing solutions. Working with clients to analyze their IT application needs and apply the appropriate solution that delivers productivity across the business, Capgemini is able to deliver benefits that include simultaneously reducing IT cost and improving performance; freeing up cash and resources to invest in strategic projects that support growth; and providing access to global talent, innovation and best practices. "The agreement enables Tenneco to outsource applications development and maintenance to provide effective IT solutions. This new model helps variabilize our cost structure to meet our changing business needs and to support Tenneco's global presence with the ability to staff optimally while acting globally," said Bill Haser, vice president and chief information officer, Tenneco. "Capgemini addresses both our base support and our project needs with demonstrated abilities to do similar work for comparable clients, a strong team with compatible culture, access to a broader resource base in SAP and EDI (Electronic Data Interchange) The electronic communication of business transactions, such as orders, confirmations and invoices, between organizations. Third parties provide EDI services that enable organizations with different equipment to connect. and key go-forward technologies for Tenneco." "We're thrilled to add Tenneco's premier brand to our growing roster of clients in the automotive segment," said Richard Tober, vice president and manufacturing leader, Capgemini Americas Outsourcing Services. "This agreement enables us to further leverage Capgemini's industrialized in·dus·tri·al·ize v. in·dus·tri·al·ized, in·dus·tri·al·iz·ing, in·dus·tri·al·iz·es v.tr. 1. To develop industry in (a country or society, for example). 2. global delivery model. Not only do our clients look to us to deliver with operational excellence and compelling economic benefit, there is also an expectation that we'll also help fuel innovation. We look forward to working with the Tenneco team around the globe to support Tenneco's strategy for growth in both the OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and and aftermarket business." About Capgemini Capgemini, one of the world's foremost providers of consulting, technology and outsourcing services, enables its clients to transform and perform through technologies. Capgemini provides its clients with insights and capabilities that boost their freedom to achieve superior results through a unique way of working - the Collaborative Business Experience - and through a global delivery model called Rightshore([R]), which aims to offer the right resources in the right location at competitive cost. Present in 35 countries, Capgemini reported 2006 global revenues of EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 7.7 billion (approx. US$10 billion) and employs over 83,000 people worldwide. More information is available at www.us.capgemini.com. About Capgemini's Global Automotive Practice Capgemini's automotive practice serves 14 of the world's 15 largest vehicle manufacturers and 13 of the 17 largest automotive suppliers. Our automotive sector generates value for companies through global delivery capabilities and automotive-specific service offerings such as Lead Management, B2C (Business to Consumer) Refers to a business communicating with or selling to an individual rather than a company. See B2B. Web Strategy, Supplier Transformation, Optimization of Dealer-Focused Operations and Global Emerging-Market Sourcing. Capgemini's Collaborative Business Experience makes automotive companies stronger by combining what they do best with what we do best to improve performance. To learn more, click on "Industries We Serve" at www.us.capgemini.com. |
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