Du är här

2015-10-01

EVRY: EVRY increases its investment in cloud infrastructure and partners with IBM

* EVRY will invest substantially in its infrastructure business to accelerate
transformation
* EVRY combines its strong local knowledge and presence with IBM`s global
cloud capabilities
* Customers will benefit from a faster time-to-market for leading-edge
infrastructure solutions
* EVRY will continue to take full responsibility for customers and deliveries

(Oslo, 1 October 2015) EVRY will accelerate the ongoing transformation of its
infrastructure business and invest significantly in both technology and
competencies in order to provide its customers with market-leading solutions.

As part of an accelerated transformation of the infrastructure business, EVRY
and IBM have entered into an unique long-term partnership, which will
significantly improve EVRY`s infrastructure offering to its customers. EVRY
will continue to lead development of value-added infrastructure services and
combine this with the use of IBM's innovative cloud technology and global
scale.

Through the agreement, EVRY will partner with IBM for its basic infrastructure
platform and IBM will play a key role in the transformation of EVRY`s basic
infrastructure services to global platforms with proven methodology and
global expertise.

As part of this accelerated transformation, EVRY will invest more than NOK 500
million to develop the best infrastructure solution in the Nordics. For the
first time EVRY`s customers will have access to hybrid cloud solutions based
on IBM`s Softlayer platform which will be installed in EVRY`s datacenter at
Fet/Oslo. Additionally customers will enjoy a flexible infrastructure that
will allow them to be even more agile in their digitalization.

"A leading infrastructure business is core to EVRY becoming a Nordic Champion.
It is the foundation from which we build solutions that create business value
and business outcomes for our customers. EVRY have started this
transformation journey, but in order to deliver the best infrastructure
solutions in the market, we need to accelerate the ongoing transformation of
our infrastructure business", comments Björn Ivroth, CEO of EVRY.

"We have selected IBM as a global service provider and as a service delivery
model for our basic infrastructure business. Customers will benefit from a
faster time-to-market for leading-edge infrastructure, including new cloud
based solutions. This strategic move allows EVRY to focus on being a
customer-centric organisation with focus on value-added services and
solutions built on leading technology", says CEO Björn Ivroth of EVRY.

"Our partnership demonstrates how IBM's expertise, technology and services can
help EVRY adapt to new market conditions and opportunities while having
trusted infrastructure services supporting the ongoing operations," said
Martin Jetter, senior vice president, IBM Global Technology Services. "The
Nordic region has always been at the forefront of adopting new technologies
early and we are excited to work with EVRY as they accelerate the enablement
of their clients to lead in the digital era. IBM's unmatched IT
Infrastructure and cloud capabilities provide a perfect foundation for EVRY
to create and sell advanced cloud-based solutions for their customers across
the full range of customers and industries they serve."

Delivering value in a digital world

Infrastructure services are the backbone of the systems that support
businesses, and the foundation for new and innovative digital solutions that
drive businesses forward. Because of this, the market for infrastructure
outsourcing services will remain critically important as businesses prepare
their infrastructure for the new digital age. End-users should expect to be
able to access services 24/7 across a wide range of channels and devices.

EVRY`s ambition is to support customers with more technological innovation
allowing profitable growth and optimising the relationships they have with
their customers. At the same time, EVRY wishes to reduce complexity and
increase the use of industry standard components in customers'
infrastructure, since this will allow them to have a more competitive and
agile approach to changing market conditions.

In this challenging environment, EVRY wants to be a preferred and reliable
partner who understands the customers` market, their culture and business
model as well as the technological context in which they operate. In EVRY`s
experience, medium and large enterprises, financial institutions and public
sector organisations are particularly well served by a local champion like
EVRY. The new customer-oriented offering announced today will give EVRY a
strong position in the infrastructure service market in the Nordics, and its
ambition will be to grow in selected market segments.

The key points of the agreement are:

* EVRY will invest more than NOK 500 million in its infrastructure business
in order to accelerate the ongoing transformation of the business
* EVRY will partner across all platforms such as Mainframe, Unix and Wintel
to IBM for a period of at least ten years
* EVRY will continue to manage the datacentres in which IBM will operate
their technology
* EVRY`s customers in the Nordics will, for the first time, have access to
leading cloud technology based on the Softlayer platform from IBM
* There will be no change in how the customer interacts with EVRY going
forward

Financial impact

EVRY will invest NOK 500 million in its infrastructure platform over the next
3-years to offer customers scalable, market-leading solutions on a global
platform. In order to accelerate the transformation. The estimated contract
value for IBM is USD 1 billion over the contract period.

IBM will take on 440 employees from EVRY's Nordic delivery organisation and
200 employees from its offshore location in Chandigarh in India.

EVRY expect the agreement with IBM will have a positive EBITA impact. Due to
the impact the agreement has on EVRY's operation, balance sheet adjustments
will be assessed later.

The agreement will be subject to approval from Norwegian Competition
Authorities.

This information is subject to disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

Contact persons

Björn Ivroth, CEO EVRY, Tel: +47 06500

Geir Remman, VP Corporate Communications, EVRY, Tel: +47 97055017

About EVRY

EVRY is one of the leading IT companies in the Nordic countries, with a strong
local and regional presence in 50 Nordic towns and cities. Through its
knowledge, solutions and technology, EVRY contributes to the development of
the information society of the future, and so creates value for the benefit
of its customers and for society as a whole. EVRY combines in-depth industry
knowledge and technological expertise with a local delivery model and
international strength.

EVRY has some 10,000 employees, and the company is committed to demonstrating
that Nordic customers are best served by a supplier that understands Nordic
business from the inside. EVRY reports annual turnover approaching NOK 13
billion. The company is listed on the Oslo Stock Exchange and operates from
headquarters at Fornebu in Bærum, with major activities in both the Norwegian
and Swedish markets.

---------------------------------------

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: EVRY via Globenewswire

HUG#1956079

Författare Hugin

Tala om vad ni tycker

Tala om vad ni tycker

Ni är just nu inne på en betaversion av nya aktiespararna. Lämna gärna feedback på vad ni tycker i formuläret nedan.