Cement News tagged under: Neoris

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Cemex completes divestment in Neoris for US$209m

05 September 2024, Published under Cement News

Cemex has finalised the sale of its remaining stake in Neoris, a digital accelerator founded more than 20 years ago. The sale will enable the company to focus on its core business and in line with its current acquisition strategy and portfolio balancing. The 34.8 per cent interest in Neoris was sold for US$209m to digital transformation services company EPAM Systems, according to a statement issued by the latter. The sale agreement also provides for Cemex to continue as a customer of Neori...

Advent International partners Cemex and invests in NEORIS

27 July 2022, Published under Cement News

Advent International is partnering with CEMEX to accelerate the growth and development of NEORIS. As a global provider of tech consultancy and digital transformation services, NEORIS will strengthen its capabilities and reach through Advent’s expertise in the space.   With Advent’s support, NEORIS will deepen its focus on artificial intelligence, data science, cloud solutions, and automation, etc. These verticals are aligned with CEMEX’s priorities for its continued digital transformat...

Cemex signs up companies to its Working Smarter digitalisation program

10 February 2022, Published under Cement News

Cemex has signed separate multi-year contracts that range from five to seven years totalling US$500m with six leading service providers under its Working Smarter digital transformation initiative. The partners are active in the fields of finance and accounting, information technology, and human resources, replacing current expenditures with the new suppliers’ services at an optimised cost, effectively continuing to reduce the company’s operating expenses.   The initiative brings all wo...

Cemex signs US$500m IT outsourcing services agreement

06 December 2013, Published under Cement News

Cemex announced it has reached a multi-year strategic partnership with Neoris to provide long-term IT outsourcing services to Cemex around the globe. The agreement covers several projects over the course of the next 10 years and is valued at approximately US$500m. As part of the agreement, Neoris will provide IT services such as software engineering, application development and technology deployments for multiple projects employing its best-in-class global delivery model. The agreement enh...