“Big Business” No. 93: Split-mania

EXCLUSIVE LETTER SUBSCRIBERS – Atos, Renault, and maybe tomorrow EDF… the split is fashionable among impoverished companies.

Dear subscribers,

Should the old world be pushed overboard? No, don’t worry, I’m not talking about politics (it’s way too complicated these days!). I want to talk about companies confronted with the phenomena of transition – digital and energy – which are no longer abstract concepts for the presentation of consultants but pose concrete dilemmas. How to switch? How to finance new activities, greedy in investments, when we are ballasted by the weight of the past?

Is the solution in separation? This is the choice made by Atos which announced a split into two entities. On the one hand, the historic Atos, active in outsourcing. On the other, a new company called Evidian, which remains at least 30% controlled by the “old” Atos and which will bring together activities related to the digital transformation of companies (cloud, artificial intelligence, Internet of Things, decarbonization), as well as high performance computing…

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