Thursday 26 June 2014

TCS secures multi-year outsourcing deal from two European companies

Tata Consultancy Services (TCS) has secured a multi-year outsourcing deal from two major European companies. The country’s largest software exporter has been selected by Telenor Norway to modernise the telephony company’s fixed line operations. The two companies had signed a memorandum of understanding in March this year for the work that would continue till 2018. TCS has been one of two main suppliers of IT services (applications management and systems development) to Telenor Norway since 2010.

The Tata group company has also been selected to modernise Dutch insurance firm REAAL N.V’s ‘life insurance’ portfolio for a five-year period. TCS would also develop the insurer’s mainframe applications, according to a statement from the Mumbai-headquartered company.

TCS is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPO, infrastructure, engineering and assurance services.

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