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: LOG )
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Releasing your potential
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1969 (Logica), 1964 ( CMG )
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UK , Netherlands <br> offices in 36 countries
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Dr Martin Read , Group Chief Executive<br /> Cor Stutterheim , Non-Executive Chairman<br /> Seamus Keating , Group Finance Director<br /> Jim McKenna , Chief Operating Officer
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~40,000 ( 2006 )
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£27 billion GBP ( 2006 )
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IT Services , Consulting
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Business consulting, IT and value-added business process outsourcing, systems integration, telecoms products and solutions
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(, ) 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).
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 29
th 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
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.
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:
- LogicaCMG systems supports the missions of over 150 orbiting satellites.
- LogicaCMG solutions handle more than half the world's Foreign Exchange traffic.
- LogicaCMG systems process two out of every three Text Messages sent in the world.http://www.logicacmg.com/page/5004 LogicaCMG.com
- LogicaCMG has delivered one out of every four multi-media messaging centres installed by wireless service providers across the globe.http://www.logicacmg.com/Edinfor-Portuguese/350229976 LogicaCMG.com
- LogicaCMG HR outsourcing services process more than $90 billion of salaries globally each year.http://www.logicacmg.com/United_States/8057 LogicaCMG.com
Significant recent events include:
- LogicaCMG’s software controlled Beagle 2 probe after separation from the Mars Express orbiter.http://www.logicacmg.com/corporate/350232601 www.logicacmg.com http://news.bbc.co.uk/1/hi/sci/tech/3310441.stm www.bbc.co.uk
- - Transport For London (TfL) terminate IT outsourcing contract with LogicaCMG after payment disputes and a failure to meet service level agreements.http://www.theregister.co.uk/2006/12/15/tfl_logicacmg_over/ www.theregister.co.uk http://today.reuters.com/news/articlebusiness.aspx?type=technology&storyID=nL1570960&imageid=&cap= reuters.com http://www.computing.co.uk/computing/news/2173934/tfl-outsourcing-agreement
- - LogicaCMG sells its telecoms products division http://www.itweek.co.uk/crn/news/2184016/logicacmg-exits-telecoms-market www.itweek.co.uk http://news.independent.co.uk/business/news/article2290065.ece news.independent.co.uk
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