http://www.offshoringtimes.com Updated every day en-gb Copyright: (C) Offshoring Times, IT services provider Cognizant Technology has said it has signed a multi-million dollar deal with global firm 3M, which manufactures brands such as Scotch Brite. Cognizant have not provided any financial details of the multi-year deal. The deal includes a range of application development and related services to drive operational efficiencies and improve productivity of 3M, Cognizant said in a statement. http://www.offshoringtimes.com/Pages/2011/offshore_news3245.html Mar 7 2011 11:19AM Tata Consultancy Services (TCS) has won an Rs 85 crore deal to implement a financial inclusion solution for Indian Bank. The project, based on smart card and cloud computing technologies, will enable the bank to offer rural banking services in 5,500 villages , the software exporter said. The deal is for three years and TCS will provide the technology infrastructure, handheld devices and business correspondents to help the bank extend its coverage to people living in rural areas. The handheld devices will support biometric authentication to verify the identity of the person. http://www.offshoringtimes.com/Pages/2011/offshore_news3243.html Mar 1 2011 11:15AM MindTree Ltd said has inked two deals worth more than USD 70 million over the next five years to provide infrastructure management services to overseas clients.The company said it had signed the deals with a European information and communication technology service provider and a U.S.based bank. Ram Mohan, senior vice president, said he expects the two deals to have a combined workforce requirement of 250 to 300 employees. The company plans to expand its centres in Bangalore and Chennai, anticipating more large deals in the remote infrastructure management area, Mohan said. http://www.offshoringtimes.com/Pages/2011/offshore_news3241.html Feb 23 2011 10:58AM In a year when India's top tech firms are pushing harder to gain a share of the USD 100-billion US government outsourcing market, HCL Technologies has renewed its contract with the state of Virginia, as more government departments seek to lower costs by giving away non-core work. Government sector contracts are being outsourced to Indian IT firms as more US states look to gain greater efficiencies and reduce costs. Experts say this could get a bigger boost as the US federal budget proposes to cut more than USD 61 billion from current spending levels this year. http://www.offshoringtimes.com/Pages/2011/offshore_news3239.html Feb 22 2011 11:12AM L&T Infotech, which competes with larger rivals Tata Consultancy Services TCS and Infosys, has won new outsourcing contracts from Indian Railways for building and deploying enterprise resource planning ERP solutions. These contracts, the first among a series of over Rs 100 crore projects being planned by the Indian Railways, will help one of the most complex and largest railway systems in the world automate its freight and locomotive management systems. http://www.offshoringtimes.com/Pages/2011/offshore_news3237.html Feb 21 2011 11:21AM Tata Consultancy Services (TCS), leading IT services, consulting, business solutions and outsourcing firm, has announced that AGL Energy Ltd (AGL), Australias leading renewable energy company, has signed a five-year Infrastructure Management Services contract, worth more than $50 Million AUD, with TCS.Prior to this contract, TCS has been executing a number of leading edge programs covering advanced metering, gas trading, pricing engine and multiple SAP projects. Over the past three years, the TCS-AGL relationship has evolved into a "Full Services Play" covering consulting, implementation, assurance, outsourcing and support. Today, over 650 TCS consultants deliver these engagements for AGL. Most of these projects are either second generation outsourcing or new projects. http://www.offshoringtimes.com/Pages/2011/offshore_news3235.html Feb 17 2011 11:15AM Factonomy Ltd, a Scottish vendor of innovative enterprise business solutions, announced today that they have completed a deal with product development firm Infospectrum Pvt Ltd to partner in the development of systems for two leading US banking clients as the first part of a long term arrangement expected to be worth $700,000 in the current year.Infospectrum is a leader in the outsourcing of product development and has operations in India, the USA and Europe. http://www.offshoringtimes.com/Pages/2011/offshore_news3233.html Feb 16 2011 11:17AM 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). http://www.offshoringtimes.com/Pages/2011/offshore_news3231.html Feb 11 2011 4:56AM NIIT Technologies Limited, the global IT services provider headquartered in New Delhi, has been ranked number 3 among all global IT outsourcers in the Datamonitor Black Book of Outsourcing 2010 survey, the world's largest investigation into customer satisfaction with IT outsourcing. The independent survey carried out by leading analyst Datamonitor which covers over 1800 outsourcers globally have been compiled from more than 6500 buyer and user responses, across over 31000 service experiences. http://www.offshoringtimes.com/Pages/2011/offshore_news3229.html Feb 9 2011 11:23AM Indias Satyam Computer Services has received a technology outsourcing contract worth as much as USD 15mn from a government agency in Qatar as part of the Middle Eastern countrys preparations for the world cup soccer games in 2022, people familiar with the matter said. While the contract value from Aspire is small, it is still a vote of confidence for the Indian software services company which is recovering from one of Indias biggest corporate scandals. In January 2009, Satyam plunged into turmoil after its founder and then chairman B Ramalinga Raju confessed to overstating the companys profits for years using a fictitious cash balance of more than USD 1bn. http://www.offshoringtimes.com/Pages/2011/offshore_news3227.html Feb 8 2011 11:14AM Saudi Telecom Co, or STC, ranking among worlds top 20 telecom operators, and Aegis, a global outsourcing services company, have set up a USD 2 billion Saudi-based joint venture, initially named, Contact Centre Company, or CCC, through which Aegis would manage STCs entire customer care operations and also scout for regional opportunities. The JV would start operations on March 1 initially with 550 agents transferred from STC to CCC in Jeddah and Riyadh, providing directory assistance, and a potential of scaling up to 5,000 agents over the next 18-24 months. The number of agents is expected to increase to 10,000 in roughly three years. On full stream; CCC will be amongst the largest contact centres in the region. http://www.offshoringtimes.com/Pages/2011/offshore_news3225.html Feb 3 2011 10:15AM 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. http://www.offshoringtimes.com/Pages/2011/offshore_news3223.html Feb 3 2011 4:32AM Quippo-WTTIL, an independent telecom infrastructure company, said 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. http://www.offshoringtimes.com/Pages/2011/offshore_news3221.html Feb 1 2011 11:37AM 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. http://www.offshoringtimes.com/Pages/2011/offshore_news3219.html Jan 31 2011 11:05AM IT major Wipro Technologies has entered into a multi-year outsourcing engagement with British American Tobacco, to help the company improve effectiveness and efficiency of application support services for its global business operations. Under the agreement, both companies will partner to leverage Wipros global scale and transformational capabilities to achieve results in productivity, IT costs and service quality, a release said. http://www.offshoringtimes.com/Pages/2011/offshore_news3217.html Jan 28 2011 7:01AM IT firm HCL Technologies entered into a partnership with the Indonesia-based Lippo Group to offer IT outsourcing in that country. PT Multipolar Technology, the subsidiary of the Lippo Group, has signed a memorandum of understanding with the Indian IT firm, HCL Tech said in a filing to the Bombay Stock Exchange. Multipolar Technology targets to secure IT outsourcing projects in banking, telecom and other sectors this year. http://www.offshoringtimes.com/Pages/2011/offshore_news3215.html Jan 27 2011 10:31AM UK travel giant, TUI Travel has announced it has signed a five year network infrastructure outsourcing contract with Deutsche Telekoms corporate customer arm T-Systems. Under the agreement, which is reported to be worth GBP 88.2m, T-Systems will provide integrated voice, data and mobile services to all TUIs major brands. The deal which will cover the mainstream travel sector will provide support to 25,000 staff in 2,370 travel agency shops and 73 other offices across the UK, Ireland, Germany, France, Belgium, the Netherlands and Switzerland. http://www.offshoringtimes.com/Pages/2011/offshore_news3213.html Jan 25 2011 4:18AM L&T Infotech, which competes with larger rivals Tata Consultancy Services TCS and Infosys, has won new outsourcing contracts from Indian Railways for building and deploying enterprise resource planning ERP solutions. These contracts, the first among a series of over Rs 100 crore projects being planned by the Indian Railways, will help one of the most complex and largest railway systems in the world automate its freight and locomotive management systems. http://www.offshoringtimes.com/Pages/2011/offshore_news3211.html Jan 24 2011 4:18AM NASA has signed a USD 2.5 billion, 10-year outsourcing contract with Hewlett-Packard, to meet it desktop, mobile and other computing needs. The federal space agency announced late last week that it had signed the agreement with HPs Enterprise Services unit in Herndon, Va., formerly known as EDS. HP acquired Electronic Data Systems, or EDS, for USD 13.9 billion in 2008. http://www.offshoringtimes.com/Pages/2011/offshore_news3209.html Jan 20 2011 10:40PM 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. http://www.offshoringtimes.com/Pages/2011/offshore_news3207.html Jan 19 2011 4:18AM Wipro Infotech, the India and West Asian IT business of the USD 5 billion Wipro Ltd, has won a turnkey project from the Financial Intelligence Unit, India (FIU-IND) of the Union Ministry of Finance. A Wipro Infotech statement says that the company will implement the FINnet (Financial Intelligence Network) project for FIU-IND. With this project, the government intends to use technology for bringing efficiency into analysis of data. The projects scope of services include development of a portal, datawarehousing, deduplication, analytical application and ERP implementation at the data centre, besides a disaster recovery site. http://www.offshoringtimes.com/Pages/2011/offshore_news3205.html Jan 17 2011 4:19AM L&T Infotech, which competes with larger rivals Tata Consultancy Services TCS and Infosys, has won new outsourcing contracts from Indian Railways for building and deploying enterprise resource planning ERP solutions. These contracts, the first among a series of over Rs 100 crore projects being planned by the Indian Railways, will help one of the most complex and largest railway systems in the world automate its freight and locomotive management systems. http://www.offshoringtimes.com/Pages/2011/offshore_news3203.html Jan 13 2011 12:00AM Despite the growing competitiveness of several countries in the IT outsourcing market, India remains the number one destination.This is the conclusion of a new report by analyst firm Gartner, which found that eight new countries have made it into the top 30 this year.The company said attractive cost structures in nations such as Vietnam, Indonesia and the Philippines were boosting their popularity. http://www.offshoringtimes.com/Pages/2011/offshore_news3201.html Jan 12 2011 12:00AM BP has signed a USD 400m five-year outsourcing services deal with HP Enterprise Services.Under the agreement, HP will deliver global datacentre services that enable BP to standardise its hosting services.The deal allows London-headquartered BP to standardise its data centre operations thereby reducing cost, the company said. By establishing a standardised global operating model, BP will realise immediate cost reductions, improved consistency of service and be well positioned to utilise emerging technologies, said BPs CIO Dana S Deasy in a statement. http://www.offshoringtimes.com/Pages/2011/offshore_news3200.html Jan 11 2011 12:00AM Tata Consultancy Services (TCS) has won a Rs85 crore contract for implementation of a financial inclusion solution for Indian Bank. The project, based on smart card and cloud computing technologies, would enable the bank to offer rural banking services across 5,500 villages, according to the software exporter.The deal would cover a three-year period and TCS would provide the technology infrastructure, handheld devices and business correspondents to help the bank extend its coverage to rural population. http://www.offshoringtimes.com/Pages/2011/offshore_news3199.html Jan 10 2011 12:00AM