New book by Larry Connors Click here Improve your trading - See how
In June, according to the company, SSAB's sale of its North American tubular and Canadian steel operation, IPSCO, called for the separation of the division's information technology environment from the rest of the divested company. SSAB required a partner that could accomplish this complex migration within an aggressive timeframe of four months.
This separation of the information technology infrastructure was a mission-critical component of the multi-billion dollar transaction. Delays in the ability to divide and migrate the IT infrastructure, applications, and data would have had an impact on the closing of the transaction, the company said.
"We recognized this was going to be a large task with extraordinary requirements, and we needed to find a partner that could provide the migration and transition expertise as well as the IT competencies to effectively manage our environment - and make it all happen in record time," said SSAB Director of Information Technology John Gosack. "Acxiom's depth of knowledge in the mainframe arena, and their ability to provide the entire spectrum of IT services required for this project made them the frontrunner in our selection process."
The Acxiom team partnered with SSAB IT to successfully execute the environment migration in under 40 days.
"We appreciate the trust SSAB placed in Acxiom. A transition of this magnitude typically requires a longer time frame. The SSAB team members are true professionals and really made this high risk effort work. It has been my belief that clients who need high stakes agility from an IT provider should consider Acxiom first. It was satisfying to validate that assumption with results," said Acxiom Senior Vice President Marty Sunde. "We look forward to evolving our partnership."
Under the terms of the contract which began in June, Acxiom is providing managed services for SSAB's North American computing environment, including distributed systems, mainframe, service desk, network management/security, remote desktop, asset management, and disaster recovery.
"Acxiom has proven itself to be an integral extension of our IT team by showing us they have the tools, technologies and expertise to deliver operational excellence," said SSAB global Vice President and Chief Information Officer Tim Wensits. "We distinguish ourselves by the best-in-class solutions and productivity that allow our customers to stay competitive. Acxiom's robust business-critical IT infrastructure services will help us maintain that leadership position for the years to come."
((Comments on this story may be sent to newsdesk@closeupmedia.com))
((Distributed via M2 Communications Ltd - http://www.m2.com))
http://www.10meters.com
Comments on this story may be sent to newsdesk@closeupmedia.com
More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index
About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback
The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
The Connors Group, Inc.
15260 Ventura Blvd., Ste. 2200
Sherman Oaks, CA 91403
© Copyright 2009 The Connors Group, Inc.
