Information About

Logicacmg




  Company Type : LOG )
  Company Logo
  Company Slogan Releasing your potential
  Foundation 1969 (Logica), 1964 ( CMG )
  Location UK , Netherlands <br> offices in 36 countries
  Key People Dr Martin Read , Group Chief Executive<br /> Cor Stutterheim , Non-Executive Chairman<br /> Seamus Keating , Group Finance Director<br /> Jim McKenna , Chief Operating Officer
  Num Employees ~40,000 ( 2006 )
  Revenue £27 billion GBP ( 2006 )
  Industry IT Services , Consulting
  Products Business consulting, IT and value-added business process outsourcing, systems integration, telecoms products and solutions


LogicaCMG (, ) is a UK -based global Telecommunications , IT and Management Consultancy company. It is quoted on the London Stock Exchange and Euronext Amsterdam , and is a member of the FTSE 250 index of shares. As of 2006, the company is active in 42 countries and has nearly 40,000 employees. In 2003 , it realised a turnover of 1.7 billion GBP (3.1 billion US$ ; 2.6 billion EUR).

OVERVIEW AND HISTORY

Logica was founded in 1969 by Len Taylor, Philip Hughes and Pat Coen. The company started life as a Systems Integration business at the same time as the birth of the mini computer. The majority of projects undertaken at that time exploited the flexibility and power of these machines. Important projects included the control systems for the natural gas grids in the UK and the Netherlands, the automated clearing system for the UK banks, the computerization of the new stock exchange in Hong Kong , and the customer service system for British Telecom , the control system for the Eutelsat satellite constellation as well as numerous projects for the European Space Agency including the software for the successful Huygens mission to Titan. Logica undertook significant product developments for IBM . Logica is credited with the development of the Teletext system for the BBC .

Logica set up operating subsidiaries in the Netherlands, Australia, Sweden, the United States and elsewhere as well as joint ventures in Hong Kong with Jardine Matheson and Italy with Finsiel and one with British Airways .

It now has over 40,000 employees operating in 41 countries across the globe. Total turnover of 14 billion euros and at present is number one in application management and holds 12th position among all companies in the world.

The company was the first software company to be floated on the London Stock Exchange on 26 October 1983 . Company projects include the strategic partnership with the Crown Prosecution Service known as COMPASS, which has included the development of a Case Management System (CMS), and ERNIE - the system which randomly generates premium bond numbers.

It was announced on the 29th May 2007 that after leading LogicaCMG for 14 years, CEO Martin Read has brought forward his retirement. This announcement has come following profit warning issued by the company. http://www.reuters.com/article/technology-media-telco-SP/idUSL2711120020070527 Reuters LogicaCMG CEO to retire early
http://www.ft.com/cms/s/43e228b0-0cb7-11dc-a4dc-000b5df10621.html FT LogicaCMG CEO to retire early


MERGERS AND DIVESTMENTS

The Company has made a number of acquisitions in the United States, Germany, Sweden, France and Australia; however none of these has proved to be very successful. The acquisition of Aldiscon in Ireland brought Logica into the text messaging business which was to prove very lucrative. In 2002 the Company merged with CMG.

The merger of Logica (60%) with CMG / Admiral (40%), on December 30 , 2002 , represented the union of an established technology firm (Logica) with an established consulting firm (CMG).

In 2006, LogicaCMG purchased the French company Unilog . As of October 10 , 2006, the Swedish IT company WM-data is a Subsidiary of LogicaCMG.

On February 20th 2007, LogicaCMG Telecom Products was sold for £265m (US $525m), by private investors Atlantic Bridge Ventures and Access Industries and is now known as Acision . The company, based in Reading, UK, employs approximately 1,700 people in 22 countries across six continents. Acision continues as the world leader in independent mobile messaging software systems, including its IP SMSC for mobile operators and service providers.


ACTIVITIES

LogicaCMG is a prominent IT consulting firm, but does not advertise widely and is shy of general public attention. As a consequence of this relative obscurity, the LogicaCMG marketing literature that does exist lists various 'wow factors' that people may be surprised by:




EXTERNAL LINK



REFERENCES

1^ http://www.reuters.com/article/technology-media-telco-SP/idUSL2711120020070527 Reuters LogicaCMG CEO to retire early

2^ http://www.ft.com/cms/s/43e228b0-0cb7-11dc-a4dc-000b5df10621.html FT LogicaCMG CEO to retire early

3^ http://www.logicacmg.com/page/5004 LogicaCMG.com

4^ http://www.logicacmg.com/Edinfor-Portuguese/350229976 LogicaCMG.com

5^ http://www.logicacmg.com/United_States/8057 LogicaCMG.com

6^ http://www.logicacmg.com/corporate/350232601 www.logicacmg.com

7^ http://news.bbc.co.uk/1/hi/sci/tech/3310441.stm www.bbc.co.uk

8^ http://www.theregister.co.uk/2006/12/15/tfl_logicacmg_over/ www.theregister.co.uk

9^ http://today.reuters.com/news/articlebusiness.aspx?

type=technology&storyID=nL1570960&imageid=&cap= reuters.com

10^ http://www.computing.co.uk/computing/news/2173934/tfl-outsourcing-agreement

11^ http://www.itweek.co.uk/crn/news/2184016/logicacmg-exits-telecoms-market www.itweek.co.uk

12^ http://news.independent.co.uk/business/news/article2290065.ece news.independent.co.uk

13^ http://www.acision.com Acision.com

14^ http://www.managementconsultancy.co.uk/crn/news/2184016/logicacmg-exits-telecoms-market - LogicaCMG exits telecoms market

15^ http://www.totaltele.com/View.aspx?t=2&ID=93079 Total Telecom - Acision begins operations following separation from LogicaCMG