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Tim launches the new Enterprise: 5 people and 1 billion Ebitda. Schiavo: "This is how we consolidate leadership"

Tim has launched the new structure of the business unit dedicated to large customers and the Public Administration. The new step towards corporateisation presented to the trade unions. Here's the news

Tim launches the new Enterprise: 5 people and 1 billion Ebitda. Schiavo: "This is how we consolidate leadership"

Tim revolutionizes the organization of Enterprise, the business unit dedicated to large customers and the Public Administration and entrusted to the guidance of Elio Schiavo, Chief Enterprise & innovative solutions officer of the group. So Tim goes on with the corporate plan announced to the market in July and takes a further step with the aim of "fully exploiting all the reference assets relating to connectivity, Cloud, IoT and Cybersecurity". In fact, the new structure involves 5 people for three billion in revenues and one billion in Ebitda, and will be integrated Noovle (the cloud) e Olivetti (IoT). The latter, in the initial phase, will remain external entities. It will not be integrated, as was previously filtered and as Radiocor reports, telsy, the cybersecurity company which, however, will continue to coordinate functionally with Enterprise. The reorganization plan was illustrated to the unions. But let's see the operation in more detail.

Tim Enterprise: a team of 5 people for large customers and Pa

The group focuses on the new "more agile and integrated" organizational model to achieve "important, indispensable synergies and make the Business unit even faster and more efficient in the design and sale of ICT and professional services". TIM Enterprise will be able to count on a team of over 5.000 people, the most widespread sales network in the country and 16 Data Centers built according to the highest standards of security, efficiency and sustainability, says the note with which the Tlc group announced the reorganization. The design is functional to accompany the digital transformation of the Italian entrepreneurial system and the Public Administration, through aend-to-end offer unique and distinctive. 

“We are the largest ICT platform in Italy and we want consolidate our leadership in all the market sectors in which we operate”, is the comment of Elio Schiavo. “Keeping all our people around a single project will allow us to seize enormous opportunities and become protagonists of the digitization process of the country system". 

During 2022, TIM Enterprise strengthened its positioning with growth above that of the market, increasing total revenues by 8% and revenues from services by 11%. Performance was driven by Cloud, Security and IoT services. The Group's 2023-2025 business plan envisages further growth for TIM Enterprise with a revenue CAGR of 6% over the plan horizon.

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The reorganization presented to the unions. The reactions

Tim's corporate restructuring plan, with the separation into two entities NetCo and ServCo, network on the one hand and customer services (which includes Enterprise) on the other, worries the unions who have been informed of the new step forward by Enterprise and they fear employment repercussions on the consumer and network side. Fistel Cisl, having listened to the company report, “expressed its concerns on the future of less profitable assets and the employment future of thousands of workers” and calls for a summons from the government on the future of the sector and more markedly of Tim.

For Slc Cgil, “with today's organizational arrangement, Tim takes a further step towards the definitive overcoming of corporate uniqueness. With the integration of Noovle and Olivetti into the current Enterprise perimeter, the perimeter of the future company is outlined. The silence of the government is no longer tolerable ”.

To these concerns has sought to answer the Minister of Enterprise and Made in Italy Adolfo Urso in the question time to the Chamber, in particular, on the topic of the network: "Since it is a listed company and a strategic asset with clear implications in terms of security, the government is following developments with the utmost attention, without prejudice to Tim's autonomy and profiles relating to the powers of golden power”.

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