iGate Bags $100 Million Deal From Metlife


The solution includes data services engineering and implementation, middleware support and implementation, infrastructure application development services, enterprise networking and messaging, infrastructure project management and infrastructure utility services, he added.

"Through this contract, we will enable MetLife to transform its service delivery framework from a resource and capacity based model to a scope and service level based one," iGate Senior Vice President (Insurance) Ganesh Iyer said.

"We are delighted to further strengthen our 10-year association with iGATE. The year-on-year productivity and quality improvement parameters were clearly visible through the Managed Services program it provides," MetLife Inc Senior Vice-President (Enterprise Infrastructure & Architecture) Jim O'Donnell said.

In the past, iGate has said that it intends to achieve faster growth with focus on signing large deals. The company expects to achieve USD 3 billion in revenues by 2017. In the January-March quarter, the firm added 10 new customers, of which six were Fortune 1,000 companies.

It had also said that one of its large deals, in hundred million dollar range has got delayed. The deal was expected to begin in Q2 2013 but now will be late by a quarter or maximum 2-3 quarters.

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Source: PTI