Wednesday October 22, 2014 Search
Weather | Athens
24o C
11o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
IBM to host Dow Chemical’s IT support in Athens

 Deal paves way for a center supplying services to more multinational companies, offering high-level jobs

By Vangelis Mandravelis

Corporations IBM and Dow Chemical announced on Wednesday a significant deal which is set to upgrade interest in Greece. The two multinational giants have agreed that Dow Chemical will also utilize IBM’s service center in Athens as a base from which to offer electronic support concerning its global activities.

This deal involves the new center that IBM created in Greece with the purpose of supplying big data and business analytics support to its multinational clients.

The announcement of the cooperation agreement took place after senior IBM and Dow officials met with Prime Minister Antonis Samaras at the latter’s office in Athens. The premier met with the chairman and chief executive officer of Dow Chemical, Andrew N. Liveris – who is of Greek origin – and the general manager of IBM Europe, Rich Hume.

On leaving Samaras’s office, Liveris hailed the new agreement and was particularly encouraging regarding the course of the Greek economy: “We have witnessed a change in Greece. We have seen a recovery of confidence and credibility. We have seen liquidity return,” he said, praising the prime minister’s role in this direction. “We could have chosen any place in the world, any place in Europe, but we have chosen Greece.”

Hume declined to reveal any details about the agreement with Dow in terms of new jobs, the size of the investment and so on. Market professionals suggest there will be few new jobs but those that are created will be high-profile. They are expected to be for information technology experts, mathematicians and statisticians. The size of the deal is only known by the two partners.

It is certain, however, that the IBM service center at the headquarters of its Greek subsidiary could become a global competition focal point. IBM already has such centers in locations such as Berlin, Beijing, Dallas, London, New York, Tokyo, Washington and Zurich.

Chairman and CEO of IBM Ginni Rometty stated her belief that both Dow and IBM will benefit from the innovation stemming from the new generation of talent and high specialization available in Greece.

“We look forward to the opportunity to contribute to the implementation of Dow’s market-driven strategy,” Rometty said.

ekathimerini.com , Wednesday June 25, 2014 (20:49)  
Credit sector officials sleeping easy ahead of stress test results
Certainty on primary surplus target
Feverish talks on payment plan proposals
TUI promises even more tourists
Archaeologists find missing head of Amphipolis sphinx
Archaeologists digging at a tomb dating to the era of Alexander the Great in ancient Amphipolis in northern Greece have found the missing head of one of the two sphinxes guarding the entranc...
Coalition leaders prepare for troika amid sour mood
A dispute between New Democracy and PASOK over civil servants’ salaries continued Tuesday, underlining the big task facing Prime Minister Antonis Samaras and Deputy Prime Minister Evangelos ...
Inside News
BASKETBALL
PAOK fans stop coach Markopoulos´s move to Olympiakos
Olympiakos is once again in the lookout for a new coach after the refusal of PAOK to release Soulis Markopoulos, while Panathinaikos defeated Kolossos on Rhodes on Monday to become the only ...
BASKETBALL
Reds lose to Nea Kifissia, search for new coach
Nea Kifissia recorded the biggest win of its short history in the top flight defeating Olympiakos 68-67 on Sunday, in a Basket League weekend marred by the abandonment of the Thessaloniki de...
Inside Sports
COMMENTARY
The ECB collateral for Greece must be lowered to 5 pct
According to recent reports, the European Central Bank plans to reduce the “57 percent penalty,” that is the discount applied to almost all Greek government bonds (GGBs) held as collateral b...
INTERVIEW
The past, present and future of the Greek debt crisis
For a decade, until mid-2012, Josef Ackermann was the CEO at Deutsche Bank. It was a position that earned him the nickname “shadow chancellor” of Germany and allowed him to play a decisive r...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Credit sector officials sleeping easy ahead of stress test results
2. Certainty on primary surplus target
3. Feverish talks on payment plan proposals
4. TUI promises even more tourists
5. Archaeologists find missing head of Amphipolis sphinx
6. Coalition leaders prepare for troika amid sour mood
more news
Today
This Week
1. The past, present and future of the Greek debt crisis
2. Gang importing heroin into Greece busted
3. Greece said to seek tailor-made plan for bailout exit
4. Self-opposing coalition
5. Gutsy rectors
6. Applications for heating oil subsidy set to start
Today
This Week
1. Possible third figure in Amphipolis mosaic may be uncovered shortly
2. Istanbul skyscraper casts shadow over Greece's banking ambitions
3. Coalition shooting itself in the foot
4. GPO poll gives SYRIZA clear lead over New Democracy
5. Greece must stick to reforms, says Schaeuble
6. Greece’s closed society is central to its current malaise
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.