CSG inks deal with Ausenco
- 06 October, 2011 11:13
Australian ICT services firm CSG (ASX:CSV) has inked a deal with engineering firm Ausenco for the implementation of an Oracle enterprise resource planning (ERP) system.
Under the contract, CSG will work with Ausenco to implement the platform, starting on 3 October.
When contacted by Computerworld Australia, CSG could not disclose the commercial details of the contract.
Ausenco CIO, Paul Young, said the organisation required a platform that would provide a solid foundation for global expansion and manage multiple legislative, corporate and compliance requirements.
“In addition to supporting Ausenco’s global expansion and integration of complex operations, the solution will improve efficiency and consistency in decision making for the company,” Young said in a statement.
“Critical business Information will be available to managers across the business lines with multiple entries of data to be replaced by a single streamlined source of information.”
The project has been scheduled for completion in 2013 and will enable the company to integrate all aspects of the company’s business including financials, project management, asset management, maintenance, procurement, HR, payroll, reporting and analysis.
The system will be rolled out initially within Australia following which the Ausenco will deploy it for operations in North and South America.
A spokesperson for CSG also maintained the company’s board was yet to form a view with regards to the confidential takeover offer, disclosed last week, to acquire all of the issued fully paid shares of the company.
The proposed price per share is $1.20 with no adjustment for the final dividend of $0.03 slated to be paid per share on 4 October.
“The CSG Limited board has not formed a view with respect to the proposal and recommends shareholders take no action at this time,” an ASX statement on the takeover offer said.
Follow Chloe Herrick on Twitter: @chloe_CW
Follow Computerworld Australia on Twitter: @ComputerworldAU