Thursday 07 December 2023

*New Research* Atos Tech Foundations: Clarity and focus

Atos Tech Foundations - Clarity and focus - Report coverSince June 2022, when Atos announced its proposed split (Atos proposes business split: What does it mean?), into Atos (currently being referred to as Tech Foundations) and Eviden, the Tech Foundations side of the business, in particular, has been experiencing something of a rollercoaster.

Corporate announcement after corporate announcement, from changes to the Atos Group governance (New Atos CEO from today: Yves Bernaert | TechMarketView), to the proposed sale of the Tech Foundations business to Czech billionaire, Daniel Kretinsky’s investment vehicle, EPEI (to become a privately owned company – see EPEI to acquire Atos Tech Foundations | TechMarketView), to the appearance of a new anchor investor in the shape of onepoint (Perseverance from Onepoint in Atos Eviden pursuit), have all whipped up media frenzies, resulted in a rocky time for the share price, and heavily distracted from the reshaping and refocusing of the Tech Foundations business.

We now expect the split to be concluded during H1 2024 when the EPEI transaction is predicted to close. We still wait for news of how the EPEI transaction is going to be “modified and simplified”. However, with what feels like a little more stability around the future steady state, Atos’ Tech Foundations business has now upped the ante on its communications related to its portfolio and investment priorities.

In our latest CompanyViews research note - Atos Tech Foundations: Picture of clarity and investment focus emerging – we highlight the renewed clarity that is emerging in relation to the Tech Foundations portfolio of offerings and look closely at the targeted investment that is being made in pursuit of operational efficiencies and market differentiation.

TechMarketView subscribers can download the report today. If you are not yet a subscriber – or are unsure if your organisation has a corporate subscription – please contact Deb Seth to find out how to access this and a whole raft of valuable, in-depth, research and analysis on the UK tech market and its suppliers.

Posted by Georgina O'Toole at '09:46' - Tagged: cloud   IP   professionalservices   advisory   infrastructureservices   multicloud   hybrid+cloud   genAI   digital+workplace  

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