HR Technologies and Management: A new player in HR process consulting and outsourcing

EADS ITS and IBM announce the launch of HR Technologies and Management (HRTM), a new joint venture engaged in human resources services. The combination creates a major player in consulting and outsourcing of HR solutions and processes for major corporations. HRTM will combine the expertise of IBM Business Consulting Services in Business Transformation Outsourcing (BTO)* and of EADS ITS in terms of HR outsourcing services and solutions.

The market for human resources related services amounted to 30 billion dollars worldwide in 2003 with 26% of that coming from the EMEA zone (Europe, Middle East, Africa). This market is expanding rapidly as companies refocus on their core businesses in a very competitive economic environment—resulting in a general trend towards outsourcing. The industry is growing by 15% a year according to studies conducted by Gartner and IDC.

“HRTM has operational expertise in outsourcing HR services that will provide effective solutions for our future customers at the best price, enabling them to concentrate on their core businesses. Business customers will no longer have to invest in their own human resource management systems, thus freeing up resources for allocation to other growth activities”, explained Jacques Massot, Human Resources Manager for EADS France.

“The objective of this alliance is to become a major player in Business Transformation Outsourcing specializing in human resources in France. HRTM launches with already critical size, an extensive customer portfolio and the synergies created from combining the expertise of its people”, states Philippe Le Corre, CEO of HRTM.

Adding, “Moreover, we have numerous points in our favour helping us to achieve our goals. They include a strong growing market, a first level reference, and a flexible, modern and global product range for HR outsourcing services.”

HRTM will provide a full-range of HR outsourcing services comprising:

EADS is a global leader in aerospace, defence and related services. In 2002, EADS generated revenues of € 29.9 billion and employed a workforce of more than 100,000. The EADS Group includes the aircraft manufacturer Airbus, the world's largest helicopter supplier Eurocopter and the joint venture MBDA, the second largest missile producer in the global market. EADS is the major partner in the Eurofighter consortium, is the prime contractor for the Ariane launcher, develops the A400M military transport aircraft and is the largest industrial partner for the European satellite navigation system Galileo.

As an e-business company, IBM is the global leader in IT services and technologies, developing and marketing global e-business solutions. These include hardware (servers, storage and PCs), software, services and financing. The company employs a large global network of consultants and experts in services and solutions. Working together with its 45,000 business partners, IBM transforms these advanced technologies into added value for companies of all sizes, particularly small and medium-sized businesses. Innovation is at the core of IBM’s strategy, which is to invest nearly 6 billion dollars a year in research and development, with over 3,000 researchers and engineers working at eight laboratories in six countries. For the tenth consecutive year, IBM has ranked first in the United States in patent filings with nearly 3,288 patents granted in 2002. Every year, over 30% of these patents result in actual IBM product offerings. For more information on IBM and e-business, visit the following website: www.ibm.com/fr

European Aeronautic Defence and Space Company EADS N.V.
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EADS Deutschland GmbH · 81663 Munich · Germany
EADS France S.A.S. · 37, boulevard de Montmorency · 75781 Paris Cedex 16 · France
EADS CASA · Ava. de Aragón, 404, 28022 Madrid · Spain