NEW YORK, July 27, 2015 /PRNewswire/ --
ACI Association has initiated research coverage on Freeport-McMoRan Inc. (NASDAQ: FCX). Select highlights from the internally released reports are being made available to the general public (included below), with access to the entirety of the research available to new members.
Today, membership is open to readers on a complementary basis at the following URL: http://www.aciassociation.com/?c=FCX
Highlights from our FCX Report include:
- Recent 5-Year Contract with Accenture - Freeport-McMoRan Inc. has signed a
five-year contract with Accenture, under which the Company will implement cloud-based
IT Model Based on Accenture Hybrid Cloud Solution for Microsoft Azure, as per a
release by Accenture dated July 15, 2015. Accenture highlighted in its release that
the collaboration would help Freeport-McMoRan achieve its "IT of the Future" objective
- which includes making the company more agile with faster innovation while reducing
costs and improving service quality and customer satisfaction.
- New IT System to Manage Cloud Infrastructure and Applications - As per the release,
Freeport-McMoRan's new IT system is a powerful cloud solution is designed to bring
new capabilities, economics and innovation to large enterprises. The cloud solution,
developed under the collaborative efforts of Accenture, Avanade and Microsoft,
incorporates hybrid technologies and services to help build and manage enterprise-wide
cloud infrastructure and applications. The report mentioned that the solution would
help Freeport-McMoRan to migrate and manage applications between private and public
cloud environments in a controlled, seamless and automated way.
- Views of Management - Commenting on the new program Bertrand Odinet, VP and CIO of
Freeport-McMoRan, said, "This program brings innovation and cloud economics to bear as
we work to become more agile, drive increased revenue, and continue our focus on items
that impact mine production. By partnering with Accenture, we will gain the ability to
grow our service portfolio and scale our IT services in line with our global business
requirements." Further, Amy K. Dale, Managing Director and Client Account Lead at
Accenture, said "We are collaborating with Freeport-McMoRan to help them evolve to an
everything 'as-a-service' model, giving them the ability to easily provision new
capabilities, reduce risk associated with vendor 'lock-in' and enable them to scale
their IT services up and down as needed. With the Accenture Hybrid Cloud Solution for
Microsoft Azure at its core, Freeport-McMoRan's new hybrid IT cloud model should
deliver unprecedented levels of agility with enterprise-grade ruggedness."
- Benefits of Azure-Based Platform - As per the release, the transition to the
Azure-based platform will help Freeport-McMoRan to increase its operational efficiency,
decrease its costs by centralizing the management of workers, automation of routine
tasks, and enablement of shared services. The transition is also expected to help the
Company minimize future costly data center migration activity, as workloads can be
proactively moved to their most cost-effective platforms.
To find out how this influences our rating on Freeport-McMoRan Inc. read the full report in its entirety here: http://www.aciassociation.com/?c=FCX
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