German IT services behemoth T-Systems has cut the ribbon on a new headquarters in the UK while appointing an ex-Microsoft exec as its new regional MD.
The new HQ, in Fitzrovia in central London, was opened by T-Systems CEO Adel Al-Saleh alongside freshly appointed UK and Ireland MD Alison Dodd.
Dodd worked at Microsoft for 12 years and left the vendor as UK senior director of its PC, server and mobile phone business in 2009.
T-Systems is set to open another new office, this time in Milton Keynes, next month as it looks to assure customers of its commitment to the UK during a time of "political uncertainty".
"We are delighted to be opening our new UK headquarters in London. At a time of political uncertainty, we hope this office opening will serve us a reminder of T-Systems' continual investment into the UK&I economy and its world-leading technology talent pool. Despite the political landscape, customers will also be looking for partners that can help them with new ways to drive innovation and efficiencies for their business. That is exactly what T-Systems has been doing for over 18 years in UK&I," said Dodd.
The Deutsche Telekom subsidiary laid out plans to make 10,000 job cuts last year as part of an austerity plan to save €600m in costs over the next three years.
The firm sank to a €1.36bn EBIT loss in 2017 as revenues shrivelled from €7.9bn to €6.9bn. But CEO Al-Saleh is confident that the IT services firm will return to buoyant growth in the coming years. He recently predicted that in 2020, around 50 per cent of T-Systems' growth will come from new business areas.
Last year, the subsidiary grew its revenues for the first time since 2012.
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