ComEd 2003 Annual Report Download - page 21

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19
exelon enterprises
As promised, Exelon proceeded with focusing on its core
utility business in 2003. In doing so,Exelon has moved forward
in divesting its non-strategic businesses in the Enterprises
unit. In 2003,Exelon sold the majority of InfraSource;signed
sale agreements for Exelon Thermal,which are expected to
close in 2004; and will transfer the Exelon Energy business
to the Generation segment in 2004. Now with approximately
2,200 employees, Enterprises is currently comprised of the
energy and mechanical services business of Exelon Services,
Inc., the remaining infrastructure services business, a com-
munications joint venture and other investments.
Throughout 2004, we will strive to continue to improve
operations and profitability while positioning non-strategic
businesses for possible divestiture.
business services company
Exelon’s Business Services Company (BSC) is a direct,wholly
owned subsidiary of Exelon Corporation.With approximately
1,900 employees, BSC provides Exelon’s businesses with
information technology, supply management, legal, finance,
human resources,and audio/visual services.
As a central service provider, BSC delivers value to Exelon’s
business units and optimizes solutions for the company as
a whole. In line with The Exelon Way,BSC has become more
efficient across the board,made process improvements,
achieved cost savings,and established an organization that
readies Exelon for the long term.
During 2003,Exelon’s supply and IT functions were centralized
within BSC.Through the ongoing supply chain reorganization,
Exelon has improved processes and leveraged its purchasing
power, leading to significant cost reductions. By centralizing
the IT function, Exelon has standardized information technology
across Exelon, identifying ways to increase overall effectiveness,
implement standard processes, and achieve cost savings.
In 2004, BSC will continue to provide exceptional value and
service, supporting the needs of Exelon’s business units.