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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).
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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.
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The Indian gaming industry is expected to grow 32 per cent at Rs 3,100-crore by 2014, a top industry official said.
Indian gaming industry is expected to grow at a Compounded Annual Growth Rate CAGR of 32 per cent at Rs 3,100-crore by 2014 with factors such as a young population, rising disposable incomes, increasing wireless users and proliferation of developers and publishers, Maya Academy of Advanced Cinematics MAAC Business Head, Kumar Warrier, told PTI. MAAC is a leading player in high-end 3D animation and VFX education in India.
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Technology services and outsourcing company Accenture Inc. has announced that it has been awarded with a 3-year contract by Norwegian aluminum producer Norsk Hydro ASA. As per the terms of the contract, Accenture will provide technical support and maintenance services globally to two of Norsk Hydrob s SAP systems. With these outsourced services, Norsk Hydro expects to maximize the efficiency and cost-effectiveness of its SAP systems, which will help the company serve its customers with innovative ways.
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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).
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Premier Foods b parent company of Hovis, Mr Kipling, Batchelors, Quorn and Bisto b has renewed its long-term IT outsourcing alliance with Capgemini.Capgemini teams in the UK, Poland and India will work in collaboration with one another and with client personnel with the intent of maximising service levels and cost-effectiveness for Premier Foods. Systems supported involve hardware at Capgemini data centres in Rotherham and Bristol, with additional support from the companyb s infrastructure management command centre in Krakow, Poland, and from a Capgemini development centre in Mumbai, India.
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Subex, provider of operations and business support systems (OSS/BSS) for communication service providers, today announced that along with key partner IBM India (P), it has successfully struck a multi million dollar deal with IDEA Cellular, the pan India GSM mobile service operator.Subex and Idea will implement Subex`s ROC for interconnect billing for the telecom major. The solution will be implemented through IBM, who is Idea`s strategic IT outsourcing partner.
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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.
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With business from the US and Europe expected to decrease due to the ongoing financial turmoil, Indian information technology services IT firms are increasing their focus on the Asia Pacific region, particularly China, in an effort to tap the latters IT market and use it as a strategic base to enter the at least USD100 billion Rs4.76 trillion a year Japanese IT market. Business from the US and Europe together account for between 80 percent and 95 percent of revenues of the top five Indian IT services firms, Tata Consultancy Services Ltd or TCS, Infosys Technologies Ltd, Wipro Ltd, Satyam Computer Services Ltd and HCL Technologies Ltd.
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Wipro Technologies, the global IT services business of Wipro Limited has announced that it has entered into a five year agreement with ArcelorMittal, the world's leading steel company, to consolidate and migrate its messaging systems to the Microsoft Exchange 2010 messaging platform. Wipro will host the new global messaging system on its hardware, hosted at six ArcelorMittal datacenters, spanning across North America, Latin America, East and West Europe and Asia. As a critical component of this engagement, Wipro will secure ArcelorMittal's global messaging system using state-of-the-art Anti-Virus, Anti-Spam and Archival solutions. Wipro will also manage ArcelorMittal's global messaging systems for the entire period of the contract. This engagement will help transform ArcelorMittal's messaging environment and curtail their global messaging spending.
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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.
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Indias fifth largest IT services company HCL Technologies has bagged a USD 500 million strategic IT outsourcing contract from the US based Merck Sharp and Dohme ,MSD,. The pact with one of the largest drug makers in the world may indicate the return of the large ticket deals in the Indian IT sector. Merck has been an HCL client for six years but the deal marks a substantial enhancement of the relationship.
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Indian IT service provider Wipro Technologies has signed a deal with Citibank to take over the operation and management of its data centre in Meerbusch Germany. The company intends to use the site to support other outsourcing clients and expects the data centre to support the delivery of its mainframe, Windows, Unix, Linux and AS/400 outsourcing services. The Meerbusch, Germany centre will be Wipro's first data centre facility in Europe and will enable the company to offer a full portfolio of infrastructure management offerings to its global clients.
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Accenture has signed a five-year application outsourcing contract with Nordea, a leading financial services group in the Nordic and Baltic Sea region, to develop and maintain applications that will support the banks customer websites.The company said the deal is designed to help Nordea improve customer service and increase cost efficiencies. As per the deal terms, Accenture would assume responsibility for maintaining and developing Nordeas Web content management platform for its customer websites and would also provide the services through local facilities in Denmark and through its Global Delivery Network using centers in Bangalore, India.
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Technology giant IBM has signed a five-year, multi-million dollar deal with Quippo-WTTIL for managing the telecom tower companys IT infrastructure.This is IBMs 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-WTTILs IT infrastructure system, including managing the hardware, mailing and infrastructure management software applications, IBM said in a statement.
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Meggitt have signed an engineering management outsourcing contract with HCL. The contract is worth $50 million and will see HCL providing engineering services for the companys global operations. The contract was awarded after a multi-vendor review which ran for several months. Terry Twigger, Meggitts chief executive says that this strategic initiative will help us respond to the current economic environment while successfully positioning us for future growth.
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Capgemini UK Plc announced that it has won a five-year extension of its IT outsourcing contract with thetrainline.com, the UKb s leading independent retailer of train tickets online.The contract, with an estimated value of B#15 million, covers the period 2010-2015 and ensures 24x7 support for the ticket companyb s entire IT infrastructure including its online and call center customer-facing systems. The contract also provides for Capgemini to undertake a growing volume of applications support and applications management activity for thetrainline.com.
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Wipro Infotech, the India, Middle East and Africa, IT Business of Wipro Ltd and a leading provider of IT and business transformation services has been selected as the Software Development Agency (SDA) at the Center for the prestigious Crime and Criminal Tracking Network System (CCTNS) project, a mission mode project under the National e-Governance Plan (NeGP), one of Indiab s largest e-governance projects till date.
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Bullish on strong growth prospects in India, global IT consultancy Capgemini has hired 10,000 people so far in 2010 and plans to recruit another 7,000 by the year-end. "We have already hired more than 10,000 people as of July. We plan to recruit further 7,000 within this year," Capgemini India Executive Chairman Salil Parekh said. Placing emphasis on the importance of the Indian market in the group's growth strategy, Parekh said,"Capgemini India is an important resource centre to drive Capgemini's Rightshore model and is also the main innovation hub for the group."
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