Siemens Business Services GmbH & Co. OHG
Encyclopedia
On the 14th Dec it was announced that Atos Origin
Atos Origin
Atos S.A. is an international information technology corporation which operates in 42 countries worldwide, with over 78,500 employees...

 would form a strategic partnership with Siemens IT Solutions and Services. Siemens will contribute its Siemens IT Solutions and Services for a total sum of €850 million to Atos Origin in order to create a European IT champion. Siemens will become for a period of at least five years a sustainable shareholder of Atos Origin with a 15% stake. The transaction will create a leading IT services company with pro forma 2010 revenues of approximately €8.7billion and 78,500 employees worldwide. As part of the transaction, Siemens concluded a seven-year outsourcing contract worth around €5.5 billion, under which Atos Origin will provide Managed Services and Systems Integration to Siemens. The new company will operate the largest European managed services platform, will be uniquely positioned to deliver cloud computing services, market leading System Integration solutions such as Consolidation & Harmonization, Energy, PLM and to enhance significantly its electronic payments and transaction based activities.

Siemens IT Solutions and Services adopted the tag line the Business Technologists on January 11th 2011. This action was taken in response to the company¹s belief that the new world has moved beyond Information Technology, into a new realm called Business Technology, where technology solutions and services are integral to business strategy. The Business Technologists best describes the company¹s philosophy of total integration of technology and business strategy to support its customers¹ business goals.
Siemens IT Solutions and Services is a service provider which is part of Siemens AG
Siemens AG
Siemens AG is a German multinational conglomerate company headquartered in Munich, Germany. It is the largest Europe-based electronics and electrical engineering company....

 headquarters. Siemens IT Solutions and Services provides information technology solutions and services for the complete IT service chain – from consulting to systems integration and IT infrastructure management right through to industry-specific IT solutions. Siemens IT Solutions and Services was formed in January 2007 and generated annual sales revenues of approx. €5.3 billion worldwide. The Siemens Division is present in 44 countries and employs some 41.000 people.

Siemens IT Solutions and Services was formed on 1 October 2007, when the Civil and National Security (ICS), Siemens Business Services (SBS) and Software Solutions (SWS) groups came together forming the one group of Siemens IT Solutions and Services.

As a cross-sector business Siemens IT Solutions and Services supports the Siemens Industry, Energy and Healthcare Sectors that possesses IT. Special focus is on fully integrated, industry-specific IT solutions developed together with the Siemens Sectors.
Siemens IT Solutions and Services develops the existing outsourcing and IT solution business with external customers and handles the worldwide operation of Siemens IT and finally develops software for the products and systems of other Siemens Groups.

The present CEO is Christian Oecking, Dr. Martin Bentler acts as CFO.

SIS became an entity legally independent of Siemens AG on October 1, 2010.

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