IBM plans to invest $100 million into region

Published: 12 July 2003 y., Saturday
IBM Polska is keen to exploit the growth potential of the EU accession countries and invest $100 million (zl. 387 million) into the region over the next three years, most of which, it is thought, will be spent in this country. The first step in the implementation of the strategy seems to be changing the company's president. According to Barbara Socha, public relations officer at IBM, the company would not be able to comment on its expansion plans until September, as management board members are on holiday. As of September 1, Grzegorz Tomasiak is to be replaced as IBM Polska's president by Dariusz Fabiszewski, former head of Fujitsu Siemens Computers. The official explanation for the investment is that the market is expected to grow following the European Union accession. Unofficially, however, the real reason is that this is the only region in Europe where IBM is not a market leader. The company has a 5.9-percent market share, as opposed to Hewlett-Packard (HP)'s 14.3 percent. IBM's purchase of PricewaterhouseCoopers Consulting has been hailed as a positive step, allowing the company to offer an integrated package of services that will improve the finances of both its consulting and IT services. Market experts see this as the area where IBM has the most growth potential in Poland as well as internationally. But since the leader on that market segment is HP, increasing IBM's market share may prove difficult, said Jarek Smulski, IT analyst at market research company IDC.
Šaltinis: wbj.pl
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

EU and Vietnam sign off on a deal that will boost air transport

An aviation agreement has been signed today by the European Union and the Vietnamese authorities which will remove nationality restrictions in the bilateral air services agreements between EU Member States and Vietnam. more »

The EIB celebrates its 30th year of activity in Cyprus with a EUR 180 million financing for urban environment

The European Investment Bank marked the 50th anniversary of the Republic of Cyprus and its 30 years of activity in the country with a public ceremony celebrating the signature of a total of EUR 180 million for urban environment. more »

Tighter rules on government deficits

In response to the financial crisis, the Commission has put forward legislative proposals to strengthen and expand existing tools for coordinating economic and fiscal policy in the EU. more »

SME Finance Forum: Ensuring access to credit and to finance to small businesses

In the first meeting of the SME Finance Forum, possible means to improve the current situation of access to finance were discussed, such as the introduction of a grace period for firms in difficulties, the involvement of credit mediators and improved loan guarantees. more »

The EU budget, a guide

The EU budget is no simple matter, but then no budget ever is. more »

Trichet: Parliament must play a central role in forging the new economic governance model

Parliament will be crucial in avoiding a “lowest common denominator” approach when helping to design the EU's new economic governance architecture, ECB president Jean-Claude Trichet told the Economic and Monetary Affairs Committee on Monday. more »

European Day of Languages 2010: Languages for business

With a multitude of language-related events taking place on or around 26 September, the main themes for this year's European Day of Languages are business and jobs. more »

Commission pays € 1.15 billion in Balance of Payments support to Romania

The EU disbursed today € 1.15 billion to Romania, the third instalment of a € 5 billion loan, which was agreed in May 2009 as part of a multilateral financial assistance package. more »

European Investment Bank supports GBP 250m gas network expansion and upgrade in Scotland and southern England

The European Investment Bank has agreed to lend GBP250 million for the replacement, reinforcement and expansion of the gas distribution networks operated by Scotland Gas Networks and Southern Gas Networks. more »

Fair food prices: new legislation needed, say MEPs

The bargaining positions of all players in the human food chain must be rebalanced, and fair competition enforced by law, to ensure fair returns to farmers and price transparency to consumers, says Parliament in a resolution voted on Tuesday. more »