Accenture and Outokumpu Extend Application Outsourcing Agreement
HELSINKI – Outokumpu (HEX: OUT), an international stainless steel company, has awarded Accenture (NYSE: ACN) a five-year application outsourcing contract to provide Outokumpu with application development and application management services for its enterprise resource planning (ERP) system on a global basis.
The agreement extends a contract signed in 2005 under which Outokumpu outsourced to Accenture the management and development of its finance, human resources and logistics applications on its SAP-based ERP system. The new agreement extends the scope of the work to include .NET applications for sales order management.
"Accenture’s strong competence in SAP has helped us streamline our core processes over the last three years,” said Mikael Dahl, Outokumpu’s vice president for IT procurement. “The added combination of Accenture’s .NET capabilities and its global network of professional resources led us to extend the scope and length of our relationship.”
Accenture will provide the application management services for Outokumpu’s existing SAP platform and for its .Net applications from its delivery center in Hyderabad, India, which is part of Accenture’s global network of more than 50 delivery centers.
“The steel industry is undergoing major change, and we are pleased to have been able to play a role in supporting Outokumpu’s corporate transformation,” said Nils-Erik Thudén, a senior executive in Accenture’s Metals & Mining industry practice. “Our application outsourcing services will continue to enable Outokumpu to harmonize processes and achieve cost-efficient IT operations in multiple markets.”
Accenture is a global management consulting, technology services and outsourcing company. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. With more than 186,000 people serving clients in over 120 countries, the company generated net revenues of US$23.39 billion for the fiscal year ended Aug. 31, 2008. Its home page is www.accenture.com
Outokumpu is a global leader in stainless steel. Our vision is to be the undisputed number one in stainless, with success based on operational excellence. Customers in a wide range of industries use our stainless steel and services worldwide. Being fully recyclable, maintenance-free, as well as very strong and durable material, stainless steel is one of the key building blocks for sustainable future.
Outokumpu operates in some 30 countries and employs more than 8 000 people. The Group’s head office is located in Espoo, Finland. Outokumpu has been listed on the NASDAQ OMX Helsinki since 1988. www.outokumpu.com.
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