In an effort to remain competitive with BMW and Volkswagen, Daimler (DDAIF.PK) looks to cut IT...

|About: Daimler AG (DDAIF)|By:, SA News Editor

In an effort to remain competitive with BMW and Volkswagen, Daimler (DDAIF.PK) looks to cut IT service spending by €150M annually by H2 2016, Reuters says, citing Automobilwoche. Part of the plan will include bringing back outsourced IT systems from SAP.