Telstra today promoted one of its key internet IT executives to the position of chief information officer, almost two years after its last CIO Fiona Balfour left in February 2007.
Telstra has brought its technology, innovation and product development areas together into a new group expected to assume responsibility for much of the AU$600-$800 million in cost savings targeted by the telecommunications company over the next three years.
Telstra is to pay IBM AU$130 million for the ability to slash costs across its information technology operation for the remaining period of its outsourcing deal with the tech heavyweight, Big Blue officials confirmed today.
Telstra has unveiled a cost reduction strategy targeting savings of up to AU$800 million over the next three years, with information technology at the forefront of those plans.
After spending years allowing a multitude of information technology (IT) platforms and systems -- and customised code -- to gain root within its business, Telstra this week finally drew a line in the sand.
The idea of getting a robust, scalable operating system for free hasn't clicked with many enterprises -- until now.
Australian customers were today digesting the implications of last night's widely-predicted AU$7.6 billion acquisition of customer relationship management vendor Siebel Systems by Oracle.
Qantas chief information officer Fiona Balfour is no sit-on-her-hands time-server.
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