Fujitsu Technology Solutions, which operates Fujitsu’s business in Continental Europe, Middle East, Africa and India (CEMEA&I), today announced a significant restructuring and change program.
In response to the increasingly challenging economic environment and to fundamental changes in the ICT market, Fujitsu Technology Solutions is balancing the company’s business model towards services and solutions, based on its strong product and technology portfolio. Fujitsu’s share of the services market in the CEMEA&I region is relatively low and clearly presents an opportunity to grow.
In order to increase profitability, Fujitsu Technology Solutions will streamline and balance its product portfolio and coordinate research and development, supply and manufacturing more seamlessly with Fujitsu’s operations in Japan. In this respect, the close proximity of Fujitsu Technology Solutions’ Augsburg factory to customers in Europe is regarded as a considerable competitive edge.
Fujitsu Technology Solutions is aiming at reducing annual operating expenses (OPEX) by EUR 150m. As part of the measures towards achieving this, Fujitsu Technology Solutions is considering a headcount adjustment subject to negotiations with the works councils.
Rod Vawdrey, Chief Executive Officer at Fujitsu Technology Solutions, “Fujitsu continues to globalize into an end-to-end services, solutions and technology provider, strengthening its value proposition to customers as a strategic partner, worldwide. Through its size and global reach, and thanks to its broad portfolio, ranging from hardware, software and solutions to ICT services, Fujitsu is one of only a few companies worldwide able to deliver comprehensive end-to-end solutions from a single vendor.”