The news comes as a welcome opportunity for women-owned businesses around the globe. Intel alone has made a commitment to spend $100 million with women-owned businesses around the world over the next three years, and all three companies have collectively committed to source $300 million through their supply chains from women-owned businesses.
The announcement came as an addition to an earlier commitment made by Intel in 2015, when the company announced it intended to increase spending with diverse suppliers to $1 billion annually by 2020. Not only does the company want to achieve full representation of women and underrepresented minorities in the U.S. workforce by 2020, they also want to greatly improve diversity and inclusion in the entire technology industry.
Good for every one's business
Intel explained that diversity will help to drive business forward and add to "growth in a global marketplace," according to Barbara Whye, Chief Diversity and Inclusion Officer and Vice President, Human Resources, Intel. The huge financial commitment seems to point to a great opportunity for everyone to win through increased competition for business as well as economic empowerment for women-owned business.
Read more by visiting techseen.com/2017/07/11/ibm-pfizer-intel-women-businesses/
