MUMBAI, INDIA: Indian IT majors Infosys Technologies Ltd, Wipro Technologies and Tata Consultancy Services (TCS) today announced separately that they have entered into an outsourcing deal with oil and gas major BP. Under the terms of the five-year deal, Infosys will operate a large portion of BP's business systems. Wipro said the strategic deal with BP is to provide IT Application Development and Application Maintenance (ADAM) services for BP's Fuels Value Chain and corporate business globally. TCS said it has been selected for engagements in Refining, Manufacturing and Corporate IT with opportunities across fuels value chain including Upstream and Trading.
As part of the deal, IBM will manage and run the oil giant's enterprise applications and integrated service desk responsibilities, IBM said.
The companies said BP had a rigorous procurement selection process which assessed the capability, oil and gas sector knowledge and cost. While making the announcement, Dana Deasy, BP Group CIO, said the oil major looked to leverage the capability and knowledge of the IT giants in the oil and gas sector. Welcoming the deal, Kris Gopalakrishnan, CEO and managing director, Infosys Technologies, said, “Infosys has a long-standing relationship with BP, delivering consulting and technology services. We are well positioned to use our global sourcing expertise and transformational capabilities in the oil and gas domain to deliver significant improvement in operational efficiencies to BP as a part of this new agreement.” Wipro Technologies' joint CEO Suresh Vaswani said the deal not only strengthens its existing relationship with BP but also significantly expands the scope to help BP in its transformational journey. “Our extensive capabilities and experience in oil and gas domain will enable us to deliver significant value the energy major's business.”
Said N Chandrasekaran, chief operating officer and executive director, TCS. “Our selection as a strategic IT vendor for BP demonstrates our strong domain expertise and highlights the investments we have been making in the technology-led energy sector.” However, none of the parties disclosed the financials of the deal.
Get most out of your technology infrastructure investments with Dell
About CIOL | Media Kit | Site Map | Contact Us | Help | Write to us | Jobs@CyberMedia | Privacy Policy
Copyright © CyberMedia India Online Ltd. All rights reserved. Usage of content from web site is subject to Terms and Conditions.