About Us - Press Release - CEMEX announces agreement with Neoris valued at U.S.$500 million
December 5, 2013
CEMEX S.A.B. de C.V. (“CEMEX”) (NYSE: CX) announced today it has reached a multi-year strategic partnership with Neoris to provide long-term IT outsourcing services to CEMEX around the globe. The agreement covers several projects over the course of the next 10 years and is valued at approximately U.S.$500 million.
As part of the agreement, Neoris will provide IT services such as software engineering, application development and technology deployments for multiple projects employing its best-in-class global delivery model. The agreement enhances the services Neoris already provides to CEMEX.
“Neoris has delivered great value for many large multinationals, and it will continue contributing in the future development of CEMEX,” said Fernando Gonzalez, Executive Vice President of Finance and Administration of CEMEX. “This agreement is a key component in CEMEX’s continued transformation of front office services to enhance customer satisfaction as well as driving efficiency in our back-office operations.”
“The work done with CEMEX has been critical for our consolidation as one of the most successful emerging players in the global IT services market place,” said Claudio Muruzábal, CEO of Neoris. “We are confident our experience delivering global projects will be an essential component of this endeavor.”
CEMEX achieved the successful global integration of the most advanced enterprise platform based on SAP, with the support of Neoris, allowing to tailor customer solutions to meet specific business needs, using cutting-edge technology such as mobile interfaces, fluid collaboration schemes and business-oriented social networking models.
This agreement with Neoris is in addition to the 10 year strategic partnership that CEMEX signed with IBM in 2012 for business process, application maintenance and IT outsourcing services.
Neoris is a global business and IT consulting company that specializes in providing application outsourcing services and solutions and services in support of SAP applications. Neoris is the largest IT consulting and systems integration company in Mexico and the second largest in Latin America. The company is a leading provider of nearshore outsourcing services through a global delivery model leveraging six worldwide software development centers. Headquartered in Miami, Fla., Neoris has operations in the U.S., Europe, Latin America, Africa, and the Middle East. More information is available at www.neoris.com
CEMEX is a global building materials company that provides high-quality products and reliable services to customers and communities in more than 50 countries. CEMEX has a rich history of improving the well-being of those it serves through innovative building solutions, efficiency advancements, and efforts to promote a sustainable future.
This press release contains forward-looking statements and information that are necessarily subject to risks, uncertainties, and assumptions. Many factors could cause the actual results, performance, or achievements of CEMEX or the project herein described to be materially different from those expressed or implied in this release. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described herein. CEMEX assumes no obligation to update or correct the information contained in this press release.
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