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Cemex Reconfirms Backing of Neoris in Press Announcement

STAFF REPORT

Mexico’s top cement maker Cemex has asserted its commitment to its subsidiary Neoris, in a press release distributed this morning.

The announcement comes several weeks after IBM signed a 10-year contract with Cemex to deliver business process and information technology services. Cemex had stated that the contract was aimed at saving US$ 1 billion over the ten year period. (Prior to the IBM announcement, there was speculation that Cemex would attempt to sell Neoris in order to help improve its balance sheet.)

Cemex has noted in the statement that the contract with IBM does not overlap with the IT consulting, application development, and implementation services that Neoris provides to Cemex.

Neoris created many innovative solutions for Cemex and it became successful as an independent player in the market, Cemex stated.

“Neoris has delivered great value for Cemex and other large multinationals, and it will continue contributing in our future development,” said Fernando Gonzalez, executive vice president of finance and administration of Cemex.

In 2011, Neoris became a SAP global partner — the first global services company with Latin American origins to achieve this status.

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Cemex said it will continue to rely on Neoris as a business and IT services provider and will support their efforts to innovate, design, and deploy solutions, using its global delivery model and cutting-edge IT services.

“Neoris will remain a key partner of Cemex in IT implementation and SAP integration projects,” the release stated.

In July this year, Cemex informed its successful global integration of the enterprise platform based on SAP with the support of Neoris. Neoris’ SAP practice, according to Cemex, has been growing by approximately 40 percent each year over the past five years.

Neoris offers its services to companies in different industries, including financial services, healthcare, manufacturing, natural resources, retail, telecommunications, education, agribusiness, and transportation.

About Kirk Laughlin

Kirk Laughlin is an award-winning editor and subject expert in information technology and offshore BPO/ contact center strategies.
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