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Offshoring News

Application development contract for TCS

Tata Consultancy Services TCS, has announced having signed a 5 year global contract with global telecommunications company Ericsson to deliver application maintenance and development services for Ericssons internal IT operations.TCS has been selected as one of the two strategic partners that will its services to Ericsson.
 offshoring times Continue Reading 28 Jul 2010

IT service contract for BT Global

Unilever has signed a four-year IT service contract with BT Global, with the ultimate goal of improving Unilevers telecommunications infrastructure. The deal is worth £173 million, and through the help of BT, Unilever hopes to enhance the entire range of its communications endeavours, from supply chain initiatives to wireless technology. According to Jeff Kelly, chief executive of BT Global, his company’s primary goal is to be a world-class partner to Unilever by assisting in its growth during the coming years. He went on to add that BT Global is determined to do everything it can to deliver outstanding customer service as well as provide innovations to help Unilever improve efficiency, cut costs, and deliver market leading brands to its customers and consumers.
 offshoring times Continue Reading 19 Jul 2010

KMD to outsource

Mahindra Satyam, an Indian IT services provider has won a four-year outsourcing contract worth USD 48 million from Denmark-based technology firm KMD.The new contract is an extension of a previous deal from KMD that was due to expire this year, the company said.The deal will continue the outsourced development of IT applications, in particular SAP (System Applications and Products). SAP applications lead the global market in providing collaborative, inter-enterprise software solutions to a wide range of businesses.
 offshoring times Continue Reading 18 Jul 2010

Australian bank to outsource

The National Australia Bank NAB has reportedly decided to outsource nearly 400 new jobs to India by the year end. The Bank has commenced its second round of its IT outsourcing program ITO Wave Two, and over the next phase, the Bank would examine offshoring up to 148 jobs from its Technology Banking, Australia TBA and Technology MLC divisions.The review will encompass TBAs three Melbournebased teams overseeing business and retail payments, Siebel and accounts services, and MLCs Sydney based mainframe team.
 offshoring times Continue Reading 14 Jul 2010

HCL wins outsourcing contract with Al Majdouie Group

Indian services provider HCL has signed a seven year agreement with Saudi Arabias Al Majdouie Group (AMG) for IT outsourcing. The vendor claims that its the one of the largest deals it has struck in the Kingdom with an estimated value of more than USD 10 million. The agreement also marks the first time that that AMG has worked with an outsourcing provider. Under the terms of the deal, HCL will assist AMG with what it terms a transformational engagement, in which it will help create new infrastructure including a new datacentre and disaster recovery centre. AMG will also implement more than 70 modules of Oracle e-business suite, a initiative which HCL is already the terming single largest implementation of Oracle in terms of breadth of implementation across the region. In addition, HCL will also be managing AMGs service desks, which entails supporting more than 1500 users in 100 different locations.
 offshoring times Continue Reading 13 Jul 2010

Electrolux IT solutions to outsource

Technology and management consulting company Accenture Plc (ACN) has entered into a global multi-year outsourcing agreement with Electrolux IT Solutions AB. The tech giant will be responsible of developing and managing a designated portion of Electroluxs enterprise applications, which consist of JD Edwards, Congos and Lotus Notes. The whole service will be delivered through a global delivery model, and the company expects this to catalyze the information technology restructuring process, resulting in a reduction of cost and enhancing efficiency.
 offshoring times Continue Reading 12 Jul 2010

Quippo signs outsourcing deal

Quippo-WTTIL, an independent telecom infrastructure company, said Thursday it has entered into a five-year, multi-million-dollar outsourcing deal with International Business Machines Corp.IBM will overhaul the technology infrastructure of Quippo-WTTIL through the deal, which includes managing hardware, mailing and software applications, the Indian company said.
 offshoring times Continue Reading 11 Jul 2010

Crystal Approach signs deal with Unisys Australia

Canberra-based ICT service provider Crystal Approach has signed a deal with Unisys Australia to be its preferred supplier of project management services across ANZ. Crystals Business Development Director David Mathews said, Crystal Approach has worked with Unisys on Federal Government projects since 2007. This agreement provides an opportunity for Crystal Approach to build on this local success and deliver expert project management services across other capital city markets and industry sectors.
 offshoring times Continue Reading 07 Jul 2010

Mahindra Satyam wins outsourcing contract

Satyam Computer Services Ltd, or Mahindra Satyam, has said it has won a three-year outsourcing contract from BASF IT Services, a subsidiary of German chemicals company BASF SE. BASF IT Services, a BASF Group company and subsidiary of leading chemical company BASF, is among the leading IT service providers for the process industry in Europe.
 offshoring times Continue Reading 06 Jul 2010

HCL wins outsourcing deal

Indias largest IT player in infrastructure management services HCL Technologies has outbid global majors such as IBM, CSC and HP to win a $79-million deal to manage the IT infrastructure of Singapore Exchange.HCL Technologies has said that it has signed a five-year IT infrastructure outsourcing agreement worth S$110 million, to establish a state-of-the-art data centre and seamlessly connect other global trading hubs to Singapore Exchange (SGX).
 offshoring times Continue Reading 05 Jul 2010

KMD to outsource

Mahindra Satyam, an Indian IT services provider has won a four-year outsourcing contract worth USD 48 million from Denmark-based technology firm KMD.The new contract is an extension of a previous deal from KMD that was due to expire this year, the company said.The deal will continue the outsourced development of IT applications, in particular SAP (System Applications and Products). SAP applications lead the global market in providing collaborative, inter-enterprise software solutions to a wide range of businesses.
 offshoring times Continue Reading 02 Jul 2010

More outsourcing business from UK

UK s government departments struggling to cope with fiscal deficit and seeking to cut costs without having to send jobs overseas, are set to flesh out shared service centres, which means new business for top back office and outsourcing firms. The new political leadership with Conservative David Cameron at the helm has to deal with high unemployment rate of around 8 percent by creating more local jobs and, at the same time, cut government spending by almost USD9 billion this year.
 offshoring times Continue Reading 30 Jun 2010

TCS eyes newer markets

Tata Consultancy Services said its deal pipeline for Asia-Pacific has improved in the recent months, led by Financial services and revenue could grow at a double-digit pace this year. But the growth in its business in the region will still lag the 40 percent compound annual growth rate (CAGR) seen in the past five years before the Current financial year,says Girija Pande, the Asia-Pacific head of Indias top IT services company by sales.
 offshoring times Continue Reading 29 Jun 2010

Met Police signs outsourcing deal

Greater London's Metropolitan Police Service (MPS) has extended its contract with IT services supplier Capgemini until December 2015. The original £350m seven-year deal was signed in 2005, but the police service opted for an early renewal.The extended contract will lock agreed cost savings in place and help management set budgets with greater certainty, says MPS.
 offshoring times Continue Reading 28 Jun 2010

Universal American to outsource to Patni

Software exporter Patni Computer Systems has won a five-year IT and back-office contract potentially worth around USD 200 million from US-based health insurance provider Universal American. As part of the deal, Patni will acquire CHCS Services, a subsidiary of Universal American with technologies in the healthcare insurance segment.
 offshoring times Continue Reading 27 Jun 2010

TCS inks outsourcing deal with Telenor

IT major Tata Consultancy Services (TCS) has inked a multi-year outsourcing contract with Telenor Norway.The contract comprises IT application maintenance and development services and will involve a modernisation of Telenors Norways application portfolio across its fixed, mobile, datawarehouse and accounting system domains, a release said here.Through this second generation outsourcing initiative, Telenor Norway will improve its operational efficiency, refresh its IT stack and will become more agile to respond to its customers’ changing needs, it said.
 offshoring times Continue Reading 24 Jun 2010

MindTree aims domestic market

India's MindTree is looking to grab a bigger share of the multi-billion dollar domestic technology sector, as the software services provider moves to reduce its dependence on the overseas market.The company has already bagged a prestigious contract from the Unique Identification Authority of India, or UIDAI, to play a part in project Aadhaar, which will assign biometric identities to more than one billion people. MindTree will provide software design, development, testing, maintenance and support services to UIDAI.
 offshoring times Continue Reading 21 Jun 2010

IBM inks 5 year outsourcing deal

Technology giant IBM has signed a five-year, multi-million dollar deal with Quippo-WTTIL for managing the telecom tower company's IT infrastructure.This is IBM’s fifth such outsourcing contract in the Indian telecom space. It is already working with Bharti Airtel, Vodafone Essar, Idea Cellular and state-owned telco BSNL. As part of the deal, IBM will provide technical support for Quippo-WTTIL's IT infrastructure system, including managing the hardware, mailing and infrastructure management software applications, IBM said in a statement.
 offshoring times Continue Reading 17 Jun 2010

TCS signs contract with Ericsson

Tata Consultancy Services TCS, has announced having signed a 5 year global contract with global telecommunications company Ericsson to deliver application maintenance and development services for Ericssons internal IT operations.TCS has been selected as one of the two strategic partners that will its services to Ericsson.
 offshoring times Continue Reading 16 Jun 2010

TCS wins outsourcing contract

Indias largest software vendor Tata Consultancy Services (TCS) has signed a five-year contract with Malaysia Airlines, the companies said.The partnership is the part of MAS strategic IT outsourcing program to transform the airlines operations, as part of MAS business transformation pan (BTP2) to deliver seamless internal customer experience.
 offshoring times Continue Reading 15 Jun 2010

HCL Tech signs IT infrastructure outsourcing deal

Indias largest IT player in infrastructure management services HCL Technologies has outbid global majors such as IBM, CSC and HP to wina $79-million deal to manage the IT infrastructure of Singapore Exchange. HCL Technologies on Monday said that it has signed a five-year IT infrastructure outsourcing agreement worth S$110 million, to establish a state-of-the-art data centre and seamlessly connect other global trading hubs to Singapore Exchange (SGX).
 offshoring times Continue Reading 14 Jun 2010

Outsouring contract for Wipro

IT major Wipro Ltd and leading automobile and parts distribution specialist TV Sundram Iyengar & Sons have signed a 10-year total outsourcing contract, the companies announced in a statement.The partnership aims at leveraging the power of Information Technology to drive business efficiency across all business units and functional areas of TVS & Sons, a release said. The scope of services includes a comprehensive suite of IT infrastructure and applications across the enterprise.
 offshoring times Continue Reading 10 Jun 2010

Accenture wins outsourcing contract

Technology and management consulting company Accenture Plc., has been awarded an indefinite delivery /indefinite quantity IDIQ contract by the U.S. Navy. As per the terms of the contract, the technology and consulting major will provide financial management services, expected to support the Navy’s Office of Financial Operations. This will in turn facilitate the process of implementation of the department’s Financial Improvement Program FIP.
 offshoring times Continue Reading 09 Jun 2010

Electrolux IT Solutions to outsource

Technology and management consulting company Accenture Plc (ACN) has entered into a global multi-year outsourcing agreement with Electrolux IT Solutions AB. The tech giant will be responsible of developing and managing a designated portion of Electroluxs enterprise applications, which consist of JD Edwards, Congos and Lotus Notes. The whole service will be delivered through a global delivery model, and the company expects this to catalyze the information technology restructuring process, resulting in a reduction of cost and enhancing efficiency.
 offshoring times Continue Reading 09 Jun 2010

Wipro Infotech leading managed IT services

Wipro Infotech, the India and Middle East IT Business of Wipro Ltd and a leading provider of IT and business transformation services, today announced that it has been named the leader in the Managed IT Services market by Springboard Research, a leading Market Research firm. The report titled “Indian Managed IT Services Market,” provides comprehensive insights and practical outcomes for the Indian managed IT services market from an end-user and supplier perspective.
 offshoring times Continue Reading 07 Jun 2010
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