Thanks SunGard

While on vacation recently in a small village just north of Avignon, France, I couldn't help but feel a sense of gratitude toward the folks at SunGard who, it was announced on Tuesday, had agreed to throw their not insubstantial weight behind professional cycling by opting to again co-sponsor a Pro Tour team for the 2011 season.
To be fair, given the media leaks during the course of this year's Tour de France, the SunGard announcement was never in much doubt (even though all parties involved vehemently denied that a deal was as good as done, even up to the proverbial 11th hour), but I was none-the-less pleased when I read the press release outlining the firm's involvement.
For those of you who don't know, SunGard is currently one of the co-sponsors of Team Saxo Bank, a Denmark-based pro cycling outfit, which currently occupies the number two spot on the UCI (Union Cycliste Internationale) World Rankings, and which got to within 39 seconds of winning cycling's greatest prize, the individual Tour de France GC (general classification) through Luxemburger, Andy Schleck.
SunGard has chosen to extend this relationship for the 2011 season and for good reason: Bjarne Riis, the franchise owner, has enticed Alberto Contador, currently leading the UCI World Rankings, away from the Kazakhstan-based Astana squad and onto his team roster for next year, which, when you consider the depth and experience of the current squad, means that in all likelihood the SunGard logo will ascend the top step of the Tour de France podium at the back end of July next year. After all, Contador has won every grand tour he has started for the past three years, and therefore, any grand tour he chooses to start next year is pretty much his to lose.
Contador's arrival will more than make up for the loss of the Schelck brothers who, by all accounts, are set to announce the formation of a new Luxembourg-based team with directeur sportif Kim Andersen at the helm.
It's shrewd move by SunGard, which it clearly sees as providing a media platform to extend its brand on a global basis through its association with such an international and high-profile sport. But from a personal perspective, I'm just happy to see new sponsors supporting a sport that has seen its fair share of scandal and disappointment over the years.
Thanks Cris (Conde) and the SunGard team.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Emerging Technologies
Waters Wavelength Ep. 324: A philosophical conversation about AI
This week, Reb and Nyela discuss BNY’s digital workers, and what the use of AI in society signals for the future.
Cloud Wars: Are EU and APAC firms really pining for homegrown options?
Waters Wrap: In the wake of tariffs and regional instability, there’s chatter about non-US firms lessening their dependency on the major hyperscalers. Anthony is not buying it.
Google gifts Linux, capital raised for Canton, one less CTP bid, and more
The Waters Cooler: Banks team up for open-source AI controls, S&P injects GenAI into Capital IQ, and Goldman Sachs employees get their own AI assistant in this week’s news roundup.
Numerix strikes Hundsun deal as China pushes domestic tech
The homegrown tech initiative—‘Xinchuang’—is a new challenge for foreign vendors.
RBC’s partnership with GenAI vendor Cohere begins to bear fruit
The platform aims to help the Canadian bank achieve its lofty AI goals.
Deutsche Bank casts a cautious eye towards agentic AI
“An AI worker is something that is really buildable,” says innovation and AI head
TMX buys ETF biz, Iress reinvests in trading tools, UBS data exposed, and more
The Waters Cooler: Euroclear’s next-gen service, MarketAxess launches e-trading for IGBs, and new FX services are in this week’s news round-up.
SEC pulls rulemaking proposals in bid for course correction
The regulator withdrew 14 Gensler-era proposals, including the controversial predictive data analytics proposal.