DALLAS, TX – AT&T is planning to invest close to $1 billion in cloud, mobility, and network sourcing solutions to companies and customers around the world this year, the company announced Tuesday.
The communications giant said that it intends to invest in five key focus areas – like enterprise mobility applications and cloud/as-a-service enhancements – while also rolling out platforms, systems and e-capabilities to significantly automate, enhance and simplify business customers’ experience and support. The investment will primarily target companies, government agencies and institutions in industries such as manufacturing, retail, hospitality, healthcare and automotive.
“We continue to invest significantly in cloud-based, mobility and network sourcing solutions because customers are increasingly recognizing that transformative services like these increase productivity, improve operational effectiveness and lower costs”, said John Stankey, president and CEO of AT&T Business Solutions, in the announcement.
The investment is part of AT&T’s previously announced planned $19 billion capital budget for 2011.