Pat, do you think NN is going to participate in this contract (NN-ATT announcment from may 98 about instalation of managment platform on customers premises):
BANC ONE Forms 'Technology One Alliance' with AT&T, IBM
PR Newswire - September 30, 1998 06:19
COLUMBUS, Ohio, Sept. 30 /PRNewswire/ -- BANC ONE CORPORATION today announced it has formed the
"Technology One Alliance" with AT&T Solutions and IBM Global Services to provide the bank with premier
networking and computing services as it creates one of the nation's most powerful franchises in banking and financial
services.
In addition to providing BANC ONE with best-in-class networking and information technology, the Technology One
Alliance will offer significant benefits to both the bank and the Columbus area. The alliance will:
-- Upgrade BANC ONE's technology infrastructure, improving its quality and
efficiency, and facilitating future growth.
-- Allow BANC ONE to offer its customers improved retail and business
banking service.
-- Support the bank's Year 2000 requirements.
-- Pilot leading-edge, end-to-end systems management capabilities.
-- Retain nearly 550 jobs in the Columbus area through the opening of new
AT&T and IBM advanced technology centers.
-- Provide a new model for attracting and developing highly skilled
networking and information technology professionals.
-- Establish links with local universities and community colleges,
including The Fisher College of Business at Ohio State University, to
develop academic activities aimed at producing a pool of well-prepared
technology employees.
The Technology One Alliance is being formed as a result of long-term outsourcing contracts with a total value of
nearly $2 billion between BANC ONE and AT&T Solutions and IBM Global Services.
Under a six-year, $1.4 billion contract, AT&T Solutions will assume management of BANC ONE's voice and data
networking requirements, transforming the corporation's legacy communications networks to a single new, state-of
the-art Internet Protocol (IP)-based networking platform.
To manage these operations, and the networking needs of other clients, AT&T Solutions is opening a new Global
Client Support Center in nearby Dublin, Ohio. The center boasts the AT&T Solutions Global Enterprise Management
System (GEMS), the world's most sophisticated networking platform, which will provide customized, proactive,
end-to-end management of voice, data and video requirements for BANC ONE.
And under a seven-year, $420 million contract, IBM Global Services will manage a majority of BANC ONE's data
center operations, including helpdesk support and mainframe/midrange server management. An IBM Technology
Center of Excellence will be developed in suburban Hilliard, Ohio, to house world-class customer service, operations
command and control, technical support, and education and training.
"The Technology One Alliance helps us by incorporating two high-powered technology and networking companies in
our planning process, increasing our competitiveness and realizing a higher return on our investment in technology,"
said Marv Adams, BANC ONE Chief Technology Officer.
"It positions us to respond more nimbly to growth opportunities through a more cost-effective and responsive
consolidation of networking and IT infrastructure," he added. "Our partnership with AT&T and IBM is the first step
in our vision to establish a 'virtual IT enterprise.' We will be the worldwide commercial development site for IBM's
leading edge Enterprise Systems Management (ESM) solutions. BANC ONE, AT&T and IBM will create interfaces
between GEMS and ESM across the enterprise to provide the Technology One Alliance with the most advanced IT and
networking-management tools in the industry."
"We also expect to expand this alliance in 1999 by adding pure players from the desktop computing industry to
support BANC ONE's personal computing environment."
Rick Roscitt, president and CEO of AT&T Solutions, said he was delighted that BANC ONE had chosen AT&T
Solutions as its networking provider to better serve its retail and business banking customers. Roscitt noted that the
contract with BANC ONE was the largest to date in the three and a half year history of AT&T's professional services
unit and the largest networking contract ever in the financial services industry.
"As we enter the new era of digital commerce, the financial services industry faces an enormously challenging and
complex range of networking requirements," he said. "At AT&T Solutions, we concentrate on managing advanced
voice, data and video networking platforms, especially those that encompass the financial and functional demands
associated with meeting banking's global requirements in a timely manner."
Roscitt added that AT&T Solutions will leverage strategic supplier relationships with Lucent Technologies, Cisco
Systems and other leading vendors to assure that BANC ONE's communications equipment technology remains
leading-edge throughout the contract.
Mark Morin, general manager -- global banking, finance and securities, IBM Global Services, said: "Our work with
BANC ONE highlights IBM's expertise in providing strategic thinking and technology-based business solutions for
the worldwide banking, finance and securities industries. This long-term agreement will allow BANC ONE to use
information technology as an enabler to better serve its customers."
Morin added: "I am especially pleased that BANC ONE has chosen IBM to deploy our new Enterprise Systems
Management solution, which will provide end-to-end systems management capability to ensure its technology
supports its customers, business strategy and growth with improved availability, capacity and responsiveness."
BANC ONE Background
BANC ONE CORPORATION had managed total assets of $159.0 billion, total assets of $124.0 billion, and common
equity of $11.6 billion at June 30, 1998. BANC ONE operates over 1,500 banking centers in 12 states. BANC ONE
also owns several additional corporations that engage in a full range of financial services.
Information about BANC ONE's financial results and its products and services can be accessed on the Internet at:
bankone.com; through InvestQuest at: investquest.com; or through Fax-on-demand at:
614-844-3860.
AT&T Solutions Background
AT&T Solutions, a professional services subsidiary formed in early 1995, is one of AT&T's fastest-growing units,
with more than 800 clients and $2.5 billion in contracts for new long-term business signed in 1998. The BANC ONE
contract raises its backlog of long-term business to nearly $5 billion. AT&T Solutions provides seamless solutions
that maximize the competitive advantage of networking-based electronic commerce applications. It uses state-of-the-art
tools to operate and manage voice, data, video and internet/intranet services, including local and wide area networks,
PBXs, voice-processing systems and voice and data terminals. AT&T Solutions can be reached on the web at
att.com.
IBM Global Services Background
With 1997 revenues of approximately $26 billion, IBM Global Services is the world's largest information technology
services provider. IBM's fastest growing business segment has an unsurpassed breadth of capabilities, and more than
116,000 professionals helping companies of all sizes solve real business problems and create new business
opportunities. For more information on IBM Global Services, visit ibm.com.
SOURCE BANC ONE
/CONTACT: John A. Russell of BANC ONE, 614-248-5989; or Jim Byrnes of
AT&T, 908-221-7876; or Dave Caplan of IBM, 914-766-4529/ |
