- Alcatel-Lucent’s CEO kicked off the vendor’s annual tech conference by detailing proof points that the company has succeeded in the first phase of its Shift Plan.
- While outlining key aspects of the next phase, the fact that the vendor does not expect to be cash-flow positive until 2015 means that it might not be ready to raise the “Mission Accomplished” banner on Phase 1.
Alcatel-Lucent kicked off its annual Technology Symposium, held in the shadows of its famed Bell Labs campus on November 11-13, by welcoming everyone to the “beautiful woods of New Jersey.” In fact, the woods of New Jersey are picturesque this time of year, and Alcatel-Lucent’s executive team showed up to the event properly dressed for a brisk walk through nature. Jeans, sweaters and sports coats replaced tailored suits as the as attire du jour for most of the vendor’s top brass as each took turns highlighting how the company has come through the proverbial woods with respect to first phase of its save-the-company “Shift Plan” announced in 2013. Among the highlights, neatly illustrated (but amateurishly photographed) below by an artist commissioned to summarize the various sessions, were the standard anecdotes of success followed by a vison statement for the next phase of the company’s journey: