In evaluating how the merger stacks up thus far, a lot still depends on one's perspective. For its part, HP is still looking to cut costs amid a slow technology market, but any further savings won't be categorised as merger-related.
Phillips said the deal is about savings on systems - though the software overhaul will take place at the same time as major hardware upgrades - better efficiencies, especially in back office staffing and procurement, and increased income.
In IT, operations and credit risk management, we will gain significant efficiencies from automation of manual processes, and reducing multiple IT platforms. CEO Josef Ackermann outlined a substantial programme of "right-sizing" and "smart-sourcing...
Dell CEO Kevin Rollins said: "We are disappointed that we didn't hit all of our numbers for the quarter but we're always looking for better ways to improve the efficiencies of our business. For fiscal third quarter, ended 28 October, Dell's net...
But Kevin Lloyd, CTO at Barclays, said the savings versus growth demands are "inextricably entwined" and that both are governed by the same cost/income targets and total shareholder return. Stephen Hand, group IT director at Lloyds Register, said...
Operational efficiencies: Eliminating redundant infrastructure and duplicative operating costs will improve the financial performance of the combined entity. By whatever financial measure you use - EBITDA, free cash flow, operating cash flow, net...