TCS, Capgemini jointly bag Norway Post’s $86 mn IT outsourcing contract.

TCS  hits 52 week high

Tata Consultancy Services (TCS) and global IT services and consulting company Capgemini have beenawarded IT upgradation contracts worth $43 million each from Norway Post, the Norwegian postal service.

The estimated value to each of the suppliers Capgemini and TCS during the contract period is around NOK 250 million. While Capgemini employs about 4,500 employees in the Nordic region serving about 103 clients, TCS has around 1,600 employees in the region.

As a part of the contract, TCS will be responsible for delivery of a wide range of application development and support services across Norway Post’s core portfolio of 55 applications. Additionally, TCS has also been entrusted to coordinate and drive the overall transition and transformation programme for Norway Post across multiple vendors.

On its part, Capgemini will be responsible for delivery of application management and development of core applications. It includes outsourcing of central applications, such as ERP and data warehousing. Norway Post which delivers over 36 million packages and 2.2 billion letters every year is implementing a structured multi-sourcing model to drive efficiency and support their Nordic Integrated business strategy.