Siemens and Atos announce to further fortify their existing partnership. Under the renewed partnership, the companies confirm additional investment of €80 million to €230 million to spur innovation investment program and affirms to further accelerate their joint business until 2020.
Aligned since 2011, the company in its recent fifth anniversary of the Siemens-Atos Alliance had shared confidence dialogue about the performance of the business collaboration.
The new funding will be focused to explore further opportunities for joint collaborations in the fields of Industrial Security, Industrial Data Analytics, Machine Intelligence, Service Enhancing Technologies and Web of Systems.
“The strategic alliance between Atos and Siemens that we decided to create five years ago is unprecedented. In those five years, we have built a unique partnership, a joint vision and extensive business and technology collaboration that are benefiting both customers of our two groups. Through our joint investment fund, we have enhanced our R&D programs in areas such as business analytics, cyber security, Internet of Things and digitalization services worldwide. We are now entering the next level of our digital cooperation, and I am convinced that our customers will even more benefit from our strategic alliance in the years to come“, said Thierry Breton, Chairman and CEO of Atos SE.
“We are very happy with the development of the Alliance over the past five years,” said Roland Busch, member of the Managing Board of Siemens AG and member of the Board of Atos SE. “The Alliance has driven additional joint order intake for both companies, it has sparked many new innovations and it has contributed to improved shareholder returns. I am also pleased that Atos is a key ecosystem partner for our MindSphere industrial cloud platform,” said Busch.