• Twitter Updates

    • Categories

    • Seeking Alpha Certified
    • « Wanna Do HR for Nortel? | Main | Stewart Down NT’s Short-Term Prospects »

      And The Cost Savings Are?

      By Mark Evans | January 18, 2008

      According to CBR.com, Nortel is going to streamline operations by dramatically reducing the number of applications running on its corporate network by more than tenfold (1,100 to 100) over the next 18 months, while lowering the number of data centers to two from four.

      “Today, individual business units, functions and countries may have different ways of doing customer numbers, product numbers, pricing or credit, for instance,” Nortel CIO Steve Bandrowczak told CBR. “We’ll remove redundancy with a standard set of greenfield apps for how best to run Nortel, into which we’ll be collapsing all our existing apps.”

      Both moves make a lot of sense. I wonder how much they will lower operating costs a year.

      Technorati Tags:

      [Slashdot] [Digg] [Reddit] [del.icio.us] [Facebook] [Technorati] [Google]

      Topics: Financials |