TCS bags 218 Crore IM contract from Australia's AGL

Wednesday, 29 September 2010, 11:43 Hrs
Printer Print Email Email
New Delhi: Software firm Tata Consultancy Services (TCS) today said it has bagged a five-year IT services contract, worth more than 50 million AUD (about Rs 218 crore), from Australian renewable energy company AGL Energy.

Under the contract the company will manage and provide infrastructure management services to AGL Energy.

"We expect the new deal to similarly enhance our experience, further strengthening our strategic relationship," Owen Coppage, Chief Information Officer and Group General Manager Customer Operations at AGL, said in a statement.

Prior to this contract, TCS has been executing a number of programmes at AGL covering advanced metering, gas trading, pricing engine and multiple SAP projects and over 650 TCS consultants are delivering these engagements for AGL.

"Technology provides AGL with a strong competitive advantage. We are confident AGL will continue to experience delivery certainty with TCS and our strategic partner, BMC. Energy and Utilities is a big focus area for TCS and we are proud to have AGL as our showcase client," TCS General Manager (Australia and New Zealand) Varun Kapur said.

BMC Software Inc is a multinational corporation specialising in Business Service Management (BSM), offering software solutions across distributed, mainframe, virtual and cloud environments.

"We partnered with TCS to move AGL from a silo-based support structure to BMC's value-based approach with our Business Service Management offerings. Given the delivery capability of TCS and solution capabilities of BMC, we look forward to several other clients benefiting from this strategic partnership," BMC VP (Asia Pacific) Chip Salyards said.
Source: PTI
Ola raises Rs 400 cr for electric
Leading ride-hailing cab aggregator Ola on Friday said it raised Rs 400 crore from its early in..
GST rate cut to spur Bengaluru
The realty market in India's tech hub is set to grow as lower Goods and Services Tax (GST) rate..
Fossil Group sells smartwatch
Global watch and accessories maker Fossil Group has announced to sell its smartphone technolog..
SpiceJet plans aggressive
Budget passenger carrier SpiceJet plans to aggressively expand its international networks to fl..