Japanese technology giant Fujitsu unveiled a shake-up for its 80th birthday, spinning off its computer and tech products into subsidiaries and focusing on delivering connected services to big clients.
Tatsuya Tanaka, president of the conglomerate since June, said the plan would streamline group structures and cut costs to boost profitability and accelerate Fujitsu's push into cloud services.
“This will solve an issue with services that integrate everything and improve earning potential,” said Mr Tanaka at the Fujitsu Forum in Munich. “Fujitsu will make a concerted investment in research and development of core technologies that will shape the ‘Internet of Things’ era.”
By providing services, tools and products that collect and analyse big data, Fujitsu executives hope to chase big clients in core fields including transport, financial services and government contracts.
Duncan Tait, head of Fujitsu's EMEIA operations, said the shake-up would not impact on Fujitsu's Irish operations, in particular its healthcare research in Dundalk.
