Electronic data systems

EDS, an HP company
legal form	Corporation
ISIN	US2856611049
founding	1962
Seat	Plano / Texas ( USA )
management	Joe Eazor, senior vice president
Number of employees	118,000 ( 2006 ) ; Germany ~ 4,400 ( 2008 )
sales	$ 21.3 billion ( 2006 )
Branch	IT service

EDS (since August 2008 EDS, an HP company , from September 23, 2009 HP Enterprise Services , originally the abbreviation for Electronic Data Systems Corporation ) was a company founded in 1962 and active in around 60 countries worldwide for outsourcing services with headquarters in Plano , Texas . The core business of EDS comprises the outsourcing of information technology (IT), business process outsourcing services and IT transformation services . In 2006, EDS employed around 3500 people in Germany out of 118,000 employees worldwide. The EDS Germany GmbH has its headquarters in Dusseldorf.

EDS was ranked No. 111 on the Global 500 list with fiscal 2006 revenue of $ 21.3 billion . EDS has over 35,000 customers from business and public administration worldwide.

EDS was traded on the New York (NYSE: EDS) and London stock exchanges and has IATA airline code 1Y .

In 2008 EDS was sold to Hewlett-Packard , where it was initially continued under the old name (with the addition "an HP company") and has now been fully integrated with the old HP corporate service division as "HP Enterprise Services".

history

The company was founded in 1962 by Ross Perot . He was initially an employee at IBM and was one of the best sales managers there. IBM did not want to hear about its idea of renting out surplus computer capacity to customers for reasons of efficiency, because it threatened its own business model. Perot then quit and founded his own company: EDS. EDS was an early IT service company and is considered the founder of IT outsourcing .

In 1984 EDS was taken over by General Motors and thus established itself in some European countries in which the company had not been present before (including Germany , Sweden and Belgium through the local Opel and Saab plants ). Ross Perot remained CEO of the company until 1987, but was replaced by Les Alberthal due to management differences. This remained in office until 1999.

In 1995 the management consultancy AT Kearney was taken over. In 1996 EDS became independent again from General Motors.

Alberthal's successor was Richard H. "Dick" Brown . The attacks of September 11, 2001 , among other things, fell during Brown's tenure . EDS was also badly affected by the crisis that this triggered, particularly at the airlines. EDS parted ways with Dick Brown in May 2003 with a generous severance payment. His successor was Michael H. Jordan , who had restructured the US media group CBS in the 1990s . On September 1, 2007, Ronald A. Rittenmeyer became CEO (until December 31, 2008), who already supported Jordan in the reorganization. Jordan himself remained on the board.

In January 2006, EDS sold its subsidiary AT Kearney as part of a management buy-out .

In order to strengthen the offshore activities in the IT and BPO business, EDS bought the Indian MphasiS BFL Limited in 2006.

On May 13, 2008, EDS was acquired by Hewlett-Packard for a total of $ 13.9 billion. Ron Rittenmeyer, who initiated this sale, left the company on December 31, 2008 with a severance payment in the tens of millions.

September 2008, the parent company HP announced the layoff of 24,600 employees, 9330 of them in Europe and 1400 in Germany. After a long strike, the reduction in staff in Germany was made a little more gentle for employees through voluntary termination agreements.

In August 2012, HP had to write off $ 8 billion of the value of EDS.

German branch

The largest German branch was in Rüsselsheim , which was created by the Opel location there. EDS had settled in Opelstadt in 1985 while it was part of the General Motors Group and took over all of Opel's IT activities.

In 1992 EDS bought the Mathematical Consulting and Programming Service ( mbp ), the first software house in Europe founded in 1957.

Also in 1992, the industrial data idea in Ludwigsburg was acquired from the gear manufacturer GETRAG, which also added a location in the south-west of Germany.

In July 2001, after the takeover of Systematics AG for 635 million euros in cash and shares, which was listed on the Neuer Markt in September 1999 , another main location is in Hamburg .

The German branch EDS Business Solutions GmbH organizes u. a. since the beginning of 2004 as a system integrator the portal operation of the communication platforms hamburg.de and schleswig-holstein.de as well as six other municipal sites in northern Lower Saxony; EDS has also carried out various e-government projects for the Free and Hanseatic City of Hamburg in the past .

In November 2006, EDS announced that it would relocate the headquarters of EDS Deutschland GmbH from Rüsselsheim to Düsseldorf. The trigger for this move was the conclusion of a contract with Vodafone to take over the software development of Vodafone D2 by EDS.

In May 2007 EDS announced the takeover of IT from KarstadtQuelle AG . It led to the establishment of EDS Itellium GmbH based in Essen. As Arcandor cannot realize the expected savings, the sale was reversed in 2009.

The Rüsselsheim location was closed at the end of January 2014.

Strike and downsizing

In April 2008 EDS closed the Dortmund location and consolidated the employees in Essen.

On October 6, 2008, EDS and HP announced the reduction of 1,150 of the 4,200 EDS positions (27.3%) to employees and the public. (HP: 250 out of 8500; 2.9%).

Since EDS continued to pursue these plans, even though this line of business had made a significant contribution to the narrow adherence to the forecast business figures from HP (FAZ February 21, 2009) and the targeted reduction figures at HP, plus an announcement of worldwide salary cuts, were more than doubled, From February 2009 there were a total of four warning strikes among the staff of EDS Operation Services GmbH, including a. with campaigns in front of the factory gates of the parent company HP in Böblingen and at the CeBIT computer fair in Hanover. After a successful ballot (91.9%), the first open-ended strikes began on June 4, 2009. After five weeks of strike, the outcome of the negotiations was reached on July 2, a compromise between the works council, trade unions and management, which was accepted by the unionized in the second Ballot on July 14, 2009 with 50.03% approved. The compromise includes a. the cap on the number of redundancies and a volunteer program.

1100 employees were affected by the closure in Rüsselsheim am Main .

Subsidiaries / Joint Ventures

AT Kearney - a management consultancy - was sold in January 2006,
ExcellerateHRO - a personal outsourcing joint venture with Towers Perrin
Injazat Data Systems - Joint Venture with Mubadala Development Company
MphasiS - 100% subsidiary in India
EDS Mid-market Solutions GmbH - Solutions for medium-sized companies
SOLCORP - a software company
UGS Corporation - a provider of software and services for product lifecycle management , was sold to a group of investors in March 2004 and has been self-employed ever since. UGS has been part of Siemens AG since January 2007.
Wendover - Financial Services
Itellium Systems & Services the consulting company for the trade - joint venture with the former 100% subsidiary of KarstadtQuelle AG