Big data and cybersecurity fuel Atos revenue rise
The delightful duo of big data and cybersecurity have fuelled the revenue rise for IT services corporation Atos.
In its first half 2017 results, Atos’ “strongest H1 ever”, the firm revealed a revenue in big data and cybersecurity of €357 million – a rise of 13.8% organically.
Thierry Breton, chairman and CEO, says: “Either on our own or through key partners, we are fully organised to provide the best scientific and business outcomes to our customers out of their massive data flows, while protecting them from very fast growing and multiple cyber threats.”
For predictive cybersecurity, Breton referred to its quantum computing leap. Earlier this month, Atos launched the “world’s first commercially available” machine-system capable of simulating up to 40 quantum bits (Qubits) – which could be handy in the cybersecurity industry.
Elsewhere, Atos reported a total revenue at €6.3 billion, up by 11.6% at constant exchange rates, and 2.2% organically. Net income was €211 million, an increase of 25% year-on-year (YoY).
Infrastructure and data management (IDM) revenue was €3.5 billion, up 0.9% at constant scope and exchange rates. Atos states its business continued to be led by the deployment of orchestrated hybrid cloud solutions. It pointed to the Asia-Pacific for “strong activity” in financial services.
In Europe, and just a few days ago, Germany-based National Bank selected Atos for a five and a half year contract to revamp its IT infrastructure.
Worldline’s world
In terms of payments firm Worldline, which belongs to Atos and contributes to its results, revenue was €757 million, growing by 2.3% at constant scope and exchange rates.
Financial processing revenue grew by 6.1% organically, “notably led” by issuing processing (issuing transaction volume increase, high-level of fraud management services in Belgium, and continued growth in authentication services); and acquiring processing with increased volumes and more projects in France and in Italy.
Worldline has been acquisitive this month – with a definitive agreement to buy 100% of the share capital of Digital River World Payments; and the purchase of 100% of the share capital of First Data’s fully owned subsidiaries in Lithuania, Latvia, Estonia (aka First Data Baltics or FDB) for around €73 million, financed by available cash.
