ASG Group wins $35 million contract with CIMIC Group

Five year contract includes application, infrastructure managed services

ASG Group (ASX: ASZ) has signed a $35 million, five-year managed services contract with contracting firm CIMIC Group.

Previously known as Leighton Holdings, the firm comprises of Thiess, Leighton Contractors and Pacific Partnerships.

The IT services firm will provide application and infrastructure managed services to support CIMIC’s JD Edwards enterprise resource management and business intelligence software suites in Australia, Asia Pacific, India, the Middle East and Africa.

Commenting on the contract, ASG CEO Geoff Lewis said the company was competing against a number of tier one low-cost offshore providers.

“We are seeing a fundamental change in the conversations clients are demanding,” he said.

“Increasingly these conversations are about business efficiency and being problem solvers rather than being the cheapest technology provider

In June, ASG signed a three year contract with State Super Financial Services in NSW for the delivery of cloud services.

ASG will be delivering a “scalable and cost effective solution” as the super firm implements a more agile IT structure over the next three years. The company will also be adopting ASG’s utility based pricing model.

In addition, ASG signed a deal with Boral to re-engineer the company’s financial reporting through the implementation of financial analytics solutions.

Based on an Oracle platform, the system will include informatics and analytics capabilities. The two contracts are worth $15 million.

In May, the company signed an $18 million contract with the Department of Communications to adopt ASG's secure government cloud platform.

Follow Hamish Barwick on Twitter: @HamishBarwick

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Tags ASG GroupCIMICcontract winManaged Services

More about ASG GroupBoralDepartment of CommunicationsJD EdwardsLeighton ContractorsLeighton HoldingsOracleState Super Financial ServicesThiessTwitter

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