SecureData focuses on ACT
SecureData Group (SDG) is beefing up its sales and technical forces in Canberra as part of its continued expansion in the region and a strategic decision to swell beyond its storage specialisation. SDG’s managing director, Evan Penn, said that since the merger with Vigil Tech, a database and security company purchased in September this year, SDG’s skills have substantially widened. “It has taken our abilities outside of the storage and back-up market and into total infrastructure solutions,” he said.
Hutchison outsources to Ericsson Australia
Ericsson Australia has signed a seven-year outsourcing agreement with Hutchison Telecoms to provide network and IT support for its mobile services. It is estimated the paging, CDMA (code division multiple access) and WCDMA (3G) arrangement will save Hutchison in excess of $40 million. The companies claim the initiative is unique within the Australian telco market and will set a benchmark for network and IT support in mobile communications. Around 240 Hutchison technical and IT staff will transfer to Ericsson, complementing its existing team dedicated to Hutchison business in Australia. The contract may lead to a “relatively small proportion” of job losses, but Steve Wright, director of stakeholder relations for Hutchison, was keen to stress that the deal was not a staff-cutting initiative.
UAL bankruptcy disrupts EDS
Electronic Data Systems (EDS) is cutting its fourth-quarter and full-year earnings expectations as a result of Monday’s US Chapter 11 bankruptcy protection filing from UAL, the parent company of United Airlines. EDS will write down an investment balance of about $40 million that it has in leveraged aircraft leases with United Airlines. Entered into in 1991, the leases had EDS own United Airlines airplanes and lease them back to the airline, which yielded investment tax credits for EDS, said the EDS spokeswoman.