(AOF) – Rodolphe Belmer has taken up his post as CEO of Atos. Co-opted as a member of the Atos Board of Directors last October, Rodolphe Belmer was appointed by the latter to lead the transformation of the Group. With his experience and a solid international network, Rodolphe Belmer is a recognized business leader in Europe, the United States and Asia and can capitalize on a solid balance sheet in supporting and repositioning companies undergoing transformation. digital, the company said in a statement.
Rodolphe Belmer, 52, was previously Managing Director of the satellite operator Eutelsat Communications for six years, after a 14-year career in the Canal + television group, of which he was appointed Managing Director in 2003, before exercising the functions of Group Chief Executive Officer between 2012 and 2015. Rodolphe Belmer is also a Director of Netflix, the world’s leading streaming entertainment service.
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ATOS
= / Key points / =
– International leader in digital transformation created in 1997, specialist in cloud, cybersecurity and supercomputers;
– Activity of € 11.2 billion, divided into 3 divisions – infrastructure & data management for 54% of sales, business & platform solutions for 34% and big data & cybersecurity for 10%;
– Geographical balance of revenues: 23% of sales in North America, 24% in northern Europe, 24% in central Europe and 20% in southern Europe;
– Economic model based on expertise (16 solutions groups, 2 product divisions) and the offer of business platforms (cloud, employee and customer experience, cybersecurity and zero carbon) in order to sell business solutions (data economy and digital transformation of professions);
– Open capital (11.3% for the Siemens pension fund and 2.2% for employees), Bertrand Meunier chairing the board of directors of 13 members, Elie Girard being managing director, Rodolphe Belmer to take over at most late January 20, 2022;
– Solid balance sheet with net debt reduced to € 467 million.
= / Issues / =
– Strategy revised in April 2021 based on the strategic study of the portfolio of activities –
– refocusing on cybersecurity, digital, decarbonization and the cloud, which should contribute 65% of revenues in the medium term, reinforced by targeted acquisitions,
– towards a sale of on-site infrastructure activities and classic data centers, i.e. 1/5
th
revenues;;
– Innovation strategy integrated into the business model and developed in 18 laboratories:
– 8 strategic technologies: cutting-edge applications, high performance calculations, artificial intelligence, automation, Edge and Internet of Things, immersive experience, hybrid cloud, cybersecurity,
– partnerships with university research centers (quantum computing, exaflopic computers, artificial intelligence, HPC, multicultural leadership, etc.) and with other players (AWS, Dell, Google, Microsoft, SAP, Worldline, etc.);
– 2 scientific communities of group collaborating experts;
– Environmental strategy at the service of the ecological transition supported by the Digital Transformation Factory, the Hybrid Cloud, the “Business Accelerators” solutions, the “Connected Intelligence” and the “Digital Workplace” and aimed at responding to 3 major challenges:
– carbon intensity neutrality obtained from 2028
– sales of “IT for Green” decarbonisation solutions,
– use of eco-efficient “Green IT” digital solutions, such as hydrogen supercomputers or quantum technologies;
– Towards an improvement of the operating margin in Germany;
– Visibility of the activity with an order book equal to 2.1 years of sales and an order intake ratio equal to sales at 1
er
semester.
= / Challenges / =;
– Rejection, during the AG, of the 2020 consolidated accounts due to questions about the accounts of 2 American entities (11% of turnover);
– Identification of the shareholders of the American Finsur Corp which, since May, has held + 5% of the capital;
– Impact of the pandemic: 1% drop in revenues at the end of June and a net loss of € 129 million, due to the cost of the accelerated migration to the cloud and provisions on the American subsidiaries;
– 2021 objectives, revised downwards: stable revenues, operating margin rate around 6% and positive free cash flow;
– 2020 dividend of € 0.90.
Telework opportunities with better prospects
After the “offshore” engineers employed in India or in Eastern Europe for low added value missions, it is now the most specialized functions that are concerned. Capgemini believes that the development of remote working will enable it to generate additional cost savings and to mobilize its employees more effectively on an international level. The group, whose organization should be based on 40 to 50% of teleworking, assesses the potential medium-term gain of 1 to 1.5 points on the margin rate (11.9%). Sopra-Steria and Atos are also looking into this method of organization
.
The actors are nevertheless aware of the limits because teleworking will not suit all employees.