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Accenture and Nokia Siemens Networks Sign Three-year IT Application Management Services Agreement

Accenture (NYSE: ACN) will provide Nokia Siemens Networks with IT application management services under a three-year agreement. Financial terms were not disclosed.

Under the terms of the agreement, Nokia Siemens Networks will outsource to Accenture IT application management services that support certain Nokia Siemens Networks human resources and finance and control functions, as well as Nokia Siemens Networks corporate-wide tools and platforms.

“Nokia Siemens Networks has successfully partnered with Accenture over recent years,” said Manfred Immitzer, chief information officer of Nokia Siemens Networks. “This agreement allows us to draw on the application services expertise of a trusted business partner to help provide our IT capability with additional flexibility, greater agility and increased cost management.”

Veli-Pekka Lappalainen, a senior executive with Accenture’s Communications & High Tech group, said, “Accenture's relationship with NSN spans more than a decade, well beyond NSN’s formation in 2007. We continue to look forward to helping NSN leverage its IT investments to increase operational performance and gain cost efficiencies.”

Learn more about Accenture’s application outsourcing services.

About Accenture

Accenture is a global management consulting, technology services and outsourcing company. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. With approximately 177,000 people serving clients in more than 120 countries, the company generated net revenues of US$21.58 billion for the fiscal year ended Aug. 31, 2009. Its home page is www.accenture.com.

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