The Indian software and outsourcing major, Tata Consultancy Services (TCS), has announced a five-year contract in Sweden with the global telecom equipment maker, Ericsson. TCS will be responsible for delivering application maintenance and development of services for Ericsson’s internal IT operations.
The company has been selected as one of the two strategic partners that will deliver application maintenance services to Ericsson, and as a preferred supplier for application development services.
TCS director (Nordic region) Amit Bajaj said, "This engagement with Ericsson demonstrates TCS' unique value proposition as we drive more value for our European clients through increased service quality and greater alignment to their business needs. Nordic companies are increasingly looking to service providers like TCS to create a compelling value and deliver consulting, IT services and product engineering synergistically through a single global service standard."
IDC managing director in Sweden,Nils Molin said, "This contract signifies the trend of increased acceptance of Indian-headquartered IT companies delivering complex projects in the Nordic region. TCS has been spearheading this trend by investing heavily in localising its Nordic operations, expanding its services portfolio and aggressively adding new clients. We expect Nordic companies to continue to add deliveries from off- and near-shore centres to their sourcing strategies for IT services." X |