Friday, September 30, 2005

TCS, TTSL in $250 m outsourcing deal

Tata Consultancy Services (TCS) and Tata Teleservices (TTSL) have announced a $250 million outsourcing deal. As per the terms, TTSL and Tata Teleservice, Maharashtra will outsource their entire IT infrastructure management to TCS. The sum will be paid to TCS over a period of five years.
"The engagement with TTSL is another sign of the growing importance of the Indian market. TCS's knowledge of the telecom domain and its ability to provide best-in-class solutions will help TTSL sustain and grow its competitive advantage and deliver greater value to its stakeholders. TCS is committed to delivering world-class solutions for TTSL," TCS CEO and MD S Ramadorai said.
The scope of the engagement includes management of all IT-related activities including implementation, application development and maintenance as well as change management across the enterprise. TCS will also be responsible for the management of data centres, information security management, training end users on new applications and disaster recovery .

The article sponsored by A-1 Technology Inc, dealing in offshore outsourcing and application development outsourcing.