OREANDA-NEWS. In the 2012 financial year, T-Systems recorded order entry of EUR 8.7 billion, up some 18 percent year-on-year. This encouraging development was driven by major contracts in the fourth quarter with oil company Shell and the state of Lower Saxony. The extension of the contract with Shell for another five years in particular shows that T-Systems has further improved its position in the strategically important market for cloud services.

Despite persistent price pressure, external revenue was up 0.6 percent year-on-year at EUR 6.6 billion. Total revenue also increased by 0.6 percent to EUR 10 billion. This increase is due to strong international revenue, which rose by some 6 percent compared with 2011 to EUR 3.2 billion. The company is successfully counteracting the ongoing price pressure in the industry with cost-cutting and efficiency measures and improved its adjusted EBIT margin steadily over the course of the year to 2.4 percent in the fourth quarter of 2012.

T-Systems once again recorded significant successes in the area of intelligent networks in 2012, such as the major contract from Presbyterian, an operator of hospitals in the United States. In addition to IT services from the cloud, the contract covers the joint development of new e-health applications in the future. In the growth area of the connected car, automotive group Daimler is working with Deutsche Telekom to provide in-car online services. Deutsche Telekom developed the communications infrastructure for the multimedia system Command Online in Mercedes Benz vehicles. This will allow the driver and passengers to use applications via the Internet while in the vehicle, including real-time traffic information, mobility services, personal radio, and access to social networks.