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Support Build Plan - Dimension Data

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chairman’s statement<br />

“A stable balance sheet, a drive to enhance efficiencies and a<br />

successful focus on working capital management were highlights<br />

of the period under review.”<br />

Introduction<br />

The year under review has been<br />

characterised by continuing challenging<br />

global trading conditions. <strong>Dimension</strong> <strong>Data</strong><br />

has responded by improving our strategic<br />

and operational focus, enhancing the<br />

management team and delivery<br />

capabilities, and further cutting costs<br />

whilst maintaining investment in the<br />

evolution of our business model.<br />

At the start of fiscal year 2003, <strong>Dimension</strong><br />

<strong>Data</strong> embarked on a programme of<br />

standardising the way we operate across<br />

the globe. The DD Way, our internal<br />

change programme, forced us to examine<br />

and better understand what drives our<br />

organisation internally. It was also the<br />

catalyst for a focus on transitioning the<br />

Group into a more customer-centric,<br />

outward-looking organisation. This has<br />

resulted in a marked improvement in the<br />

way in which <strong>Dimension</strong> <strong>Data</strong> engages<br />

with customers, suppliers and staff.<br />

This external focus on our customers,<br />

combined with the standardisation of our<br />

delivery capabilities globally, has<br />

reinforced the <strong>Dimension</strong> <strong>Data</strong> brand as<br />

a global provider of managed and<br />

professional services. The growing<br />

recognition of <strong>Dimension</strong> <strong>Data</strong>’s brand<br />

and the Group’s capabilities are reflected<br />

in the quality of our business wins over<br />

the past year. These include new contracts<br />

with several well-known global customers,<br />

such as Allianz, Airbus and a leading<br />

global courier company. Enhanced<br />

offerings and strong customer<br />

relationships have also enabled us to<br />

penetrate our existing customer base<br />

further, as evidenced by clients such as<br />

HSBC and a global pharmaceutical<br />

company, where we significantly extended<br />

the scope of existing contracts.<br />

Globalisation has seen many of our<br />

customers evolve from decentralised<br />

regional operations into centralised global<br />

businesses. Customers increasingly prefer<br />

dealing with IT partners who offer global<br />

solutions and services that help maximise<br />

return on their investments. This trend has<br />

contributed to the consolidation we have<br />

seen in the IT industry in the past year. In<br />

this environment, our global footprint is<br />

vital to our customer engagement strategy.<br />

It allows us to service our global<br />

customers locally and to understand and<br />

capitalise on their IT strategies. In<br />

addition, we are increasingly working with<br />

key alliance partners such as Cisco and<br />

EMC to understand the IT requirements of<br />

their global customer base.<br />

Period under review<br />

Convergence of IT environments<br />

continues to fuel our Application Network<br />

vision. Further progress has been made in<br />

improving the competitive position of the<br />

business by refining our solution sets and<br />

tightening our focus on five focused lines<br />

of business – Network Integration,<br />

ANNUAL REPORT 2003 9

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