Siemens Business Services (SBS) has won the competition for a 10-year deal to provide IT services to the British Broadcasting Corporation (BBC)--a contract that will be worth as much as £2 billion, or approximately $3.7 billion.
Under the deal, Siemens will also acquire BBC Technology, the BBC arm that provides tech products and services for the BBC and other broadcasters, content owners and British government organizations. The contract, which still needs final approval from the BBC governors as well as British and European Commission regulatory officials, is expected to provide annual budget savings of as much as £20-30 million, according to a BBC statement.
SBS beat out a host of companies for the contract, including finalists CSC and Accenture; the latter had dropped its bid in mid-June. The BBC cited Siemens's scale, its resource and funding levels, and its ability to deliver the best value in technologyp rocurement as main reasons for the award.
The contract, which is expected to be finalized this fall, is the first major deal under the leadership of Adrian von Hammerstein, who took over on July 1 as SBS's president from Paul A. Stodden. Hammerstein, a 14-year Siemens veteran, was most recently president and chief executive officer of Fujitsu Siemens Computers.
Subsea cable alternatives can provide a level of comfort for those concerned about disruptions. Realistically, they will continue to play a small, but critical role in the short term.
Maintaining existing network infrastructures often incurs huge technical debt before newer technologies are adopted over time.
Amid ongoing regional uncertainties, telecom infrastructure in the Middle East has expand to include terrestrial low-latency network infrastructure, which offers resilience and agility in navigating political complexities without relying solely on undersea networks.
