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GROWING OUR CORE BUSINESS
Our goal is really very simple: to become a leader
in every major market we serve. In financial self-service we're already there
in North America and Latin America, and we're gaining in other areas. For example,
revenue in Asia-Pacific rose by more than 25% in 2002. A key part of the strategy
is to capture more of the rapidly growing market for ATM-related services. Outsourcing,
through which we take on the responsibility of managing and maintaining customers'
ATM networks, is one way we are achieving this goal. We have been awarded outsourcing
contracts on three continents, and we're sure to win more as our customers realize
the benefits of this approach. Leveraging our expertise in security systems and
service is also a priority. Our purchase of certain assets of Mosler paid significant
dividends in 2002, enabling us to grow revenue by more than $100 million and expand
outside the financial sector into the retail and government markets.
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LEVERAGING
OUR CORE COMPETENCIES
The sweet smell of success: more than $110 million
of incremental revenue in its first year. The tremendous success of a smart acquisition,
Global Election Systems, now known as Diebold Election Systems, reflects the fruits
of our disciplined growth strategy. Our approach is simple: focus on finding new
opportunities that leverage our core strengths in the self-service market and
integrate them quickly. Spurred by governmental and voter demands for reform,
the U.S. election market is expected to reach more than $1 billion over the next
three years. It's an opportunity we're poised to capture, not only by offering
the best touch-screen voting stations but also by providing the software, services
and training that support our systems. |
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