Contact for press

You can contact us by:

Rocio Castro. Communication Department.

Media Kit

Follow us on:

Keep up-to-date on the latest at the Abengoa website:

July

Telvent and Oracle join forces to develop technological and business solutions together

July 2, 2007

Madrid, July 2, 2007 - Telvent GIT S.A. (Nasdaq: TLVT), the IT company for a sustainable and secure world has signed an agreement, through its Global Services business unit, with Oracle Ibérica S.A. for the joint development of technological solutions applied to businesses, focused on covering an emerging niche in the outsourcing market for new business process outsourcing (BPO).

According to a report published by IDC, a 17.2% growth is expected in the BPO market over the next two years. From both Telvent’s and Oracle’s point of view, this growth will be even further enhanced by the outsourcing of specific business applications (ERP, CRM, BI) that will act as a catalyst for the outsourcing of new business processes.

The strategic alliance established between the two technological companies aims at covering this new demand through the joint development of solutions that help the market to find flexible alternatives for the outsourcing and management of its IT applications and services. Through the utilization of customized models adapted to suit the specific business of each customer, Telvent and Oracle intend to offer solutions, that cover all their customers’ technological, ranging from global services and information technology infrastructures to management and evolution of the applications. All this will be done with the backing of Oracle’s technology and service.

The general manager of Telvent’s Global Services business unit, Jose Ignacio del Barrio, stated that “to accompany our customers throughout their entire technological processes, providing them with day-to-day value and helping them to make their business feasible is Telvent’s fundamental objective. Through this agreement, Telvent expects to be able to provide the country’s main companies with more dynamic and flexible business solutions”.

Oracle Ibérica’s general manager, Miguel Milano, added, “through the partnership with Telvent, we aim to provide companies with new partnership models by which their business applications become a managed service and, as such, something live that evolves step-in-step with the market”.

The solutions to be developed by Telvent and Oracle will allow companies to adapt themselves to their market without the need for large technological investments, with an implementation period suited to their business requirements and with the guarantee of uninterrupted support from the market’s leaders in technology. This will all be possible via customized service models developed by Oracle and Telvent’s more than 60-strong team of professionals in Spain.

Telvent is the leading company on the Iberian Peninsula in information and communication infrastructures, with more than 55,000 m2 of Data and Communication Centers, capable of offering end-to-end global solutions that range from technological consultation services, integration of systems and applications, to integral outsourcing of business processes that complete the life-cycle of the technological needs of any company.

Oracle Ibérica S.A. is Oracle Corporation’s affiliate company in Spain. Oracle Corporation is the world’s leading provider of software solutions for the business world and leader in corporate applications such as Oracle E-Business Suite, JD Edwards, PeopleSoft, ProfitLogic, Oblix, Retek o Siebel.

About Telvent

Telvent (Nasdaq: TLVT), the IT company for a sustainable and secure world, specializes in high value-added products, services and integrated solutions for the Energy, Transportation, Environment and Public Administration industry segments, as well as Global IT Services. Its innovative technology and client-proven expertise enable the efficient and secure real-time management of operational and business processes for industry-leading companies worldwide. (www.telvent.com)

About Oracle

Oracle Corporation is the world’s leading provider of software solutions for the enterprise sector. With earnings of 14,400 million dollars, the company offers its database, management tools and applications, together with the corresponding consultation, training and back-up services in more than 145 countries worldwide.

Registered trademarks: Oracle, JD Edwards, PeopleSoft, ProfitLogic, Oblix, Retek and Siebel are all registered trademarks of Oracle Corporation and/or its affiliate companies. Other names could be trademarks of their respective proprietors.

Further information on the company is available at www.oracle.com/es



© 2019 Abengoa. All rights reserved