Global communications group Harris Corp has realigned its business with a new solutions unit to support international expansion into adjacent markets. Solutions businesses that were once part of the company’s government division, such as Harris IT…
Global communications group Harris Corp has realigned its business with a new solutions unit to support international expansion into adjacent markets. Solutions businesses that were once part of the company’s government division, such as Harris IT Services and Harris CapRock Communications, will now join a newly created unit called Integrated Network Solutions.
According to Harris, this new segment streamlines solutions capabilities of existing and newly acquired operations into one unit, which will target growing demand for communications and IT networks across the world.
The Florida-headquartered company currently operates in more than 150 countries, but is keen to expand further internationally to compensate for sluggish markets in the US, a spokesman told SatelliteFinance.
He added that the company saw growth opportunities for its services across the world, such as in the UK and UAE.
Announcing the new structure on 8 March, Howard Lance, chairman, president and CEO of Harris, said: “This strategic business realignment will enable each of our segments to more effectively combine technologies, products and services from throughout the company into integrated solutions tailored for the specific markets that they serve.
“This approach represents a tremendous opportunity for our current and prospective customers, as we introduce more integrated end-to-end solutions for existing and new markets.
This realignment positions the company to further expand into adjacent markets and global regions that are growing faster and have higher margins than some of our traditional government markets.” Harris’ Government Communications Systems division will now solely focus on communications, IT and systems integration for civic, defence and national intelligence programmes. Its RF Communications division, which focuses on military and first responder networks, remains unchanged.
The Integrated Network Solutions unit will also support Harris’ strategy to grow into new markets, including healthcare, energy, cloud computing, sports, entertainment, and retail venues.
COO Dan Pearson, who is acting group president for the new segment, said: “Commercial businesses and government customers around the globe are increasingly seeking total solutions – combining innovative technology with managed services “With a flexible technology and managed services approach, Integrated Network Solutions is uniquely positioned to create tailored end-to-end solutions for customers seeking a trusted communications and IT partner.” Harris will report financial results under its new structure when it posts Q3 results for the three months to 1 April 2011.
