Marks & Spencer Renews and Expands Services Contract with Diebold Nixdorf
Rhea-AI Summary
Marks & Spencer (M&S) has renewed and expanded its services contract with Diebold Nixdorf (NYSE: DBD) for four additional years. The agreement covers support services for over 1,000 stores in the UK and Ireland, including managed services for self-checkout technology, self-order terminals, and implementation services. The expanded scope focuses on increasing productivity through automation and staff self-help solutions, featuring remote IT device management, self-help tools with process descriptions and videos, simplified incident logging, and self-healing software capabilities.
Positive
- Contract renewal and expansion with major UK retailer M&S for four years
- Increased scope of services across 1,000+ stores in UK and Ireland
- Implementation of automation solutions to reduce operational costs
- Enhanced service efficiency through self-help tools and remote management
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, DBD gained 3.34%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Increased scope with a focus on automation and staff self-help to improve technology uptime and operational efficiencies
Diebold Nixdorf has provided hardware services to M&S since 2019. The scope of services expansion of the new contract, which applies to the more than 1,000 M&S stores in the
A number of solutions will help drive this improvement:
- Remote management of IT devices will reduce the reliance on staff calling for support.
- Tools for store staff self-help include process descriptions and videos, allowing them to solve issues in their own time and in a simple manner, without direct support from field engineers.
- To enable even greater staff efficiency for incident logging, employees can simply push a button on the device on which the problem occurs, instead of initiating a complex ticketing process on a separate computer that is located in the back office.
- Additionally, self-healing software can detect a problem and independently start a process to rectify it, for instance, by automatically restarting the system.
Ben Gale, senior vice president & managing director, EMEA and APAC Retail Sales Management at Diebold Nixdorf, said: "We are delighted about the renewal and expansion of the contract featuring an adjusted business model that is fully aligned with M&S' business objectives, allowing it to automatically adapt to changes in the market and the business. With a clear focus on automation and staff self-help, we are helping M&S achieve important objectives, such as reduced reliance on the helpdesk and improved staff efficiency. We are continually looking to best practices to ensure our world-class service adapts and addresses our customers' needs."
About Diebold Nixdorf
Diebold Nixdorf (NYSE: DBD), Incorporated, automates, digitizes and transforms the way people bank and shop. As a partner to the majority of the world's top 100 financial institutions and top 25 global retailers, our integrated solutions connect digital and physical channels conveniently, securely and efficiently for millions of consumers each day. The company has a presence in more than 100 countries with approximately 21,000 employees worldwide. Visit www.dieboldnixdorf.com for more information.
X: @DieboldNixdorf
LinkedIn: www.linkedin.com/company/diebold
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SOURCE Diebold Nixdorf, Incorporated