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Lucent Technologies Essay Research Paper LUCENT TECHNOLOGIES

Lucent Technologies Essay, Research Paper


LUCENT TECHNOLOGIES


In 1996, AT&T decided to split into three different companies. These new


companies were the new AT&T, NCR, and Lucent Technologies. Lucent Technologies is


one of the leading designers, developers, and manufacturers of telecommunications


systems, software, and products. They are beginning to emerge as a Fortune 100


company. Lucent Technologies builds local networks, business telephone systems, and


consumer telephones that access the global networks. Lucent Technologies was


launched with an initial public stock offering in April. AT&T owns an 82% share of the


Company.


KEY PERSONNEL


Lucent technologies has 125,000 employees worldwide. Approximately 82% of


its employees come from the United States and the other 18% come from foreign


countries. Lucent Technologies has offices in more than 90 countries, and Bell Labs has


offices in 13 countries. The chairman and chief executive officer is Henry B. Schacht. Schacht has been on AT&T?s board of directors since 1981. He has also held chairman and chief executive officer positions at Cummings Engine Company, INC.


Lucent Technologies? President and chief operating officer is Richard A. McGinn.


McGinn joined AT&T in 1978. He has previously served as executive vice president


and chief executive officer of AT&T?s network group.


BUSINESS STRUCTURE


Lucent Technologies is composed of four operating units. These four units are:


Business Communication Systems, Consumer Products, Microelectronics Group, and


Network Systems (of which I hope to be a part of). These units are designed to work together to provide innovative and cost-efficient solutions for customers. Bell Laboratories supports each group.


Bell Laboratories is a research and development organization that is recognized


throughout the world for its achievements in science and technology. Currently, Bell


Laboratories is focusing on developing digital signal processor algorithms, Lightwave


communications (photonics), Networking, Silicon chips, Software, and Wireless communications. Business Communications Systems design,

manufacture, install, and service advanced voice and multimedia systems worldwide.11 Consumer Products design, manufacture, sell, and lease communications products for consumers, small offices, and home offices. In 1995 in the United States, Consumer Products sold 31% of the corded phones, 28% of the cordless phones, and 35% of answering machines.12 The


Microelectronics Group makes integrated circuits, power systems, and optoelectronic


components for Lucent Technologies. The largest unit of Lucent Technologies is Network Systems. The Network Systems design, develop, and manufacture


networking systems and software for telecommunications providers and, wireless communications and are growing at an annual rate of 33 percent.


BUSINESS STRATEGY


The worldwide demand for communications systems is booming. Lucent Technologies is predicting a 10% annual growth for the communications industry. The


business is pursuing growth opportunities around the world and is trying to build on Bell Laboratories established global relationships with its key customers. Much emphasis for advancement is being put on the areas of Wireless communications, Networking software, and multimedia convergence. With the increasingly mobile society, Lucent Technologies feels that there will be an increasing demand for wireless communications. The more sophisticated technology becomes, the greater the demand for smarter networks. One of the world?s largest producers of networking software is Lucent Technologies. Multimedia devices deal with all kinds of communications. Lucent Technologies is trying to develop innovations on multimedia that the customers want.


ADVERTISING STRATEGY


The company?s name, Lucent Technologies, was thought of after many interviews


with customers and other stakeholders. Lucent means, ?Marked with clarity, or glowing


with light?. Lucent Technologies logo is supposed to be a bold, red, hand-drawn


innovation ring.The company?s slogan is, ?We make the things that make communicationswork.


LUCENT?S COMPETITOR


-DSC Communications


-General Electric


-Hitachi


-Intel


-Matsu*censored*a


-Microsoft


-Motorola


-Nokia


-Sony


-Toshiba


-U.S. Robotics18

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