Qwest And KPMG Form Application Services Company - InformationWeek

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Qwest And KPMG Form Application Services Company

Qwest Communications International Inc. and KPMG LLP areforming Qwest Cyber.Solutions LLC, a joint venture to provide Internet-based end-to-end application-service- provider, application-hosting, and application-management services, including enterprise resource planning, customer relationship management, and back-office offerings.

The partners will start out with $400 million in current contracts, providing a base to compete in the global market for applications management, which analysts estimate will grow to $25 billion by 2001. The venture is a facilities- based applications service provider with assets of more than $120 million and 450 certified applications specialists.

Qwest owns a 51% stake in the venture, with KPMG owning 49%. Qwest is contributing access to its network and to its Web hosting centers. Qwest is already partnering with Hewlett- Packard, SAP AG, and Siebel Systems. KPMG has been striking relationships with smaller, vertical industry software vendors.

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