ITV

Tag: TFC

  • BBC closes deal with Siemens for technology unit sale

    BBC closes deal with Siemens for technology unit sale

    MUMBAI: The BBC has announced that it has completed the procurement for a 10-year Technology Framework Contract (TFC) with Siemens Business Services worth almost ?2 billion.

    As per the deal Siemens Business Services has acquired BBC Technology

    Led by Siemens Business Services MD Tom White, BBC Technology will be renamed Siemens Business Services Media Holdings, says a company release.

    BBC COO John Smith added, “This deal marries both our legendary broadcasting experience in making great programmes with the resource and expertise of a global IT player – ensuring the BBC can achieve its Building Public Value vision to secure our digital future.

    The value and substantial savings created from the sale of BBC Technology and this procurement of our technology services is a significant step for us in ensuring the BBC is fit for the future and continues to create innovative programmes.”

    As part of the deal, Siemens Business Services will also provide the skills, expertise and investment to support the BBC’s technology vision. This vision aims to put creative tools on desktop computers in the BBC by the end of the decade, enabling a revolutionary approach to programme making in a digital Britain.

    It was in July that the BBC had announced that subject to contract, Siemens Business Services had been selected as the single preferred bidder. The other bidders in the fray were Accenture and CSC, adds the release.

  • BBC sells technology unit to Siemens

    MUMBAI: The BBC has announced that, Siemens Business Services has been selected as the Single Preferred Bidder for a new Technology Framework Contract (TFC) for the Corporation. It will also own BBC Technology.
     

    The contract is for 10 years and is worth up to ?2bn. The announcement followed a rigorous European Union (EU) procurement process and approval by the BBC’s Executive Board. The sale needs the approval of the BBC Governors, the secretary of state for culture, media and sport. It will also have to get clearance by the European Commission (EC) under the terms of the EC Merger Regulation.

    The BBC further stated that it chose Siemens as it had demonstrated its ability and commitment to invest in technology services and innovation to meet the BBC’s future technology requirements, with significant projected annual cost savings. The deal is expected to be completed later this year once final contract negotiations are over.

    Last year in November the BBC made the sell off decision after conducting a strategic review of its technology requirements for the next decade.

    The review had identified potential annual savings for the BBC of between ?20-?30 million if its technology services were outsourced. 1,400 people will be transferred to Siemens. 
    BBC Technology was created three years ago to deliver significant savings to the BBC through its contract for technology services, including desktop support, and to generate third party revenues. BBC Technology has a turnover of ?230m.