HCL wins Rs 3,000 crore deal from PepsiCo

BANGALORE, INDIA: HCL Technologies has bagged a $500-million IT outsourcing deal from beverage giant PepsiCo in a win for its infrastructure management services (IMS) business.

The fourth-largest Indian IT services firm piped HP to bag the seven-year IT deal. They are making some changes to global IT organization that will enable to stay competitive while meeting the needs of the business.

PepsiCo, had signed a $100-million deal with IT service provider HP in 2006 for managing its data centre operations. The contract, which came up for renewal last year, was pursued by the IT firm TCS and Cognizant.

Peter Bendor-Samuel, CEO of IT research and advisory firm Everest Group,said: " PepsiCo has had long-term engagements with a host of IT service providers in the past. It signed a deal with IBM in 2011 for finance and accounting. It had also signed up with The Portland Group for procurement, Kuehne and Nagel for BPO services and Hewitt largely for HR."

Sachin Karpe of Pepsico said: "Leveraging our extensive global offshore infrastructure and network of offices in 31 countries, we provide holistic, multi-service delivery in such industries as financial services, manufacturing, consumer services, public services and healthcare . Pepsi had signed the contract with HP in 2006 for a total value of $100 million for managing its IT and data centre operations, according to outsourcing advisory firm Everest Group. Pepsi also has outsourcing agreements with IBM, which runs the finance and administration processes of Pepsico's India arm."

HCL's infrastructure services grew 5.1% sequentially in Jan-March quarter, riding on the pent-up demand for rebids or renewal.