TATA Consultancy gets $16m contract from AGL
Wednesday, 22 August 2007
MELBOURNE, Aug 21 (PTI): Indian's leading software firm TATA Consultancy Services has been awarded a major outsourcing contract by AGL Energy Ltd, Australia's largest integrated energy company.
The USD 16 million TATA contract, which is part of a major technology overhaul at AGL, is predicted to save the Australian company about USD12 million a year, for five years. The decisive will allow AGL to cut down it workforce and significantly reduce the cost of operations in running our existing information management systems.
"With this deal, we will save an estimated USD12 million per year assisting us to reduce the number of full time employees engaged by AGL in IT support from more than 300 to about 20," AGL managing director Paul Anthony was quoted as saying by AAP.
"It (the Tata contract) will also enable the implementation of AGL's major IT change program, which is estimated to save around USD 60 million a year.
The USD 16 million TATA contract, which is part of a major technology overhaul at AGL, is predicted to save the Australian company about USD12 million a year, for five years. The decisive will allow AGL to cut down it workforce and significantly reduce the cost of operations in running our existing information management systems.
"With this deal, we will save an estimated USD12 million per year assisting us to reduce the number of full time employees engaged by AGL in IT support from more than 300 to about 20," AGL managing director Paul Anthony was quoted as saying by AAP.
"It (the Tata contract) will also enable the implementation of AGL's major IT change program, which is estimated to save around USD 60 million a year.