Deals
Takeda Pharmaceuticals Awards Accenture a Multi-Year Application and Infrastructure Outsourcing Contract
Takeda Pharmaceuticals North America, Inc. (Takeda) has engaged Accenture (NYSE: ACN) to provide a range of information technology (IT) services under a strategic outsourcing contract. Accenture will provide Takeda with application and infrastructure outsourcing services. Application outsourcing services include development, testing, and maintenance of all applications supporting Takeda’s operations. Infrastructure outsourcing services include service desk management, data center management, server and storage management, end-user computing, and network management.
http://newsroom.accenture.com/article_display.cfm?article_id=5074
ABN AMRO Extends Infrastructure Services Agreement with IBM
ABN AMRO has signed a contract to extend its services agreement with IBM (NYSE: IBM). Under the new agreement, IBM will build and provide a new computing environment while integrating the existing infrastructure of ABN AMRO and the former Fortis Bank.
http://www-03.ibm.com/press/us/en/pressrelease/32686.wss
3M Extends Strategic Relationship With Cognizant to Drive Business Effectiveness
Cognizant to Provide Application and Related Services Using an Outcome-Based, Managed Services Engagement Model.
http://investors.cognizant.com/index.php?s=43&item=136
Mahindra Satyam signs deal with Commonwealth of Kentucky, Cabinet for Health and Family Services
Mahindra Satyam, the brand name of Satyam Computer Services Ltd., a leading global consulting and IT services provider, has signed a large contract with the Commonwealth of Kentucky, USA for design and delivery of a document management system for the child support system.
http://mediacube.mahindra.com/Latest%20Press%20Releases/Mahindra%20Satyam%20signs%20deal%20with%20Commonwealth%20of%20Kentucky,%20Cabinet%20for%20Health%20and%20Family%20Services.aspx
IKF Tech bags BPO deal from Vodafone; plans to add 2K people
IKF Technologies has bagged a contract from telecom major Vodafone for running their BPO operation for the Eastern region.
http://economictimes.indiatimes.com/infotech/ites/IKF-Tech-bags-BPO-deal-from-Vodafone-plans-to-add-2K-people/articleshow/6741766.cms
Bombardier Transportation Selects Infosys for Global SAP Implementation
Bombardier Transportation GmbH has selected Infosys Technologies as a partner to support its implementation of SAP ECC 6 software for the company’s production and distribution centers worldwide.
http://www.infosys.com/newsroom/press-releases/Pages/global-SAP-implementation.aspx
M&A, Partnerships, JV
CSC Acquires Vulnerability Research Labs
CSC (NYSE: CSC) has acquired the business of Vulnerability Research Labs (VRL), a privately held cyber threat intelligence firm. The acquisition enables CSC to enhance its cybersecurity support to public and commercial enterprises around the world by strengthening its ability to develop unique tools and techniques. http://www.csc.com/newsroom/press_releases/54613-csc_acquires_vulnerability_research_labs
Global PE firms seen keen on acquiring BT's stake in Tech Mahindra
UK telecom major British Telecom (BT), one of the original promoters of Tech Mahindra, has re-initiated discussions to sell its stake in the firm and has attracted the interest of private equity firm Providence Equity Partners , which specialises in telecom, media and IT investments, UK-headquartered Apax Partners and Goldman Sachs Private Equity Group.
http://economictimes.indiatimes.com/infotech/ites/Global-PE-firms-seen-keen-on-acquiring-BTs-stake-in-Tech-Mahindra/articleshow/6686816.cms
Barclays forays into ITES by acquiring 12.75% stake in Intelenet
Barclays has acquired a 12.75 % stake in SKR BPO Services, the holding company of Intelenet Global Services. Barclays Capital and Morgan Stanley were bankers for this deal.
http://www.intelenetglobal.com/pdf/Barclays%20Press%20Release.pdf
News & Events
Patni Computer opens 500-seat facility in China
Patni Computer opens 500-seat facility in China.
http://economictimes.indiatimes.com/infotech/ites/Patni-Computer-opens-500-seat-facility-in-China/articleshow/6732939.cms
UIDAI shortlists TCS, HCL, Wipro, IBM for IT infrastructure contract
The Unique Identity Authority of India (UIDAI)has selected nine large IT firms – IBM, Accenture, Wipro, TCS, HP among others, as shortlisted bidders, for selecting a managed service provider (MSP), for the Unique ID project. The contract which will go in for bidding shortly is estimated to cost the exchequer about Rs 2000 crore.
http://economictimes.indiatimes.com/infotech/software/UIDAI-shortlists-TCS-HCL-Wipro-IBM-for-IT-infrastructure-contract/articleshow/6778196.cms
Infosys applies for 18 patent applications in Q2
Domestic IT major Infosys Technologies has applied for 18 patent applications for its different products and services in India and the US during the second quarter, ended September 30, 2010.
http://economictimes.indiatimes.com/infotech/software/Infosys-applies-for-18-patent-applications-in-Q2/articleshow/6752693.cms
Awards
Genpact Ranked Among Top Global Procurement BPO Providers by NelsonHall
Genpact Limited (NYSE: G) has been recognized as one of the top global providers of procurement business process outsourcing (BPO) services by NelsonHall. In its latest research, “Procurement Outsourcing Market Forecast 2010-2014,” NelsonHall provides an analysis of the global procurement BPO market by geography and service type and lists Genpact in the top five global and U.S. procurement BPO providers.
http://www.genpact.com/home/aboutgenpact/press-releases/genpact-ranked-by-NelsonHall.aspx
Analyst/Reports
2011 Trends to Watch: Business Process Outsourcing
The report Gives visibility into BPO contract renewal opportunities in 2011. Analyzes changes to the BPO vendor landscape and buyer behavior.
http://store.ovum.com/Product/2011_trends_to_watch_business_process_outsourcing?productid=OI00001-021
Targeting Platform F&A Outsourcing
The purpose of this study is to assist sourcing managers in understanding the potential opportunities around platform-based finance & accounting outsourcing (PFAO) and to recommend options for vendors in addressing the associated market opportunities.
http://www.nelson-hall.com/browse-database/market-analyses/?avpage-views=article&id=70060&fv=1
The Development of F&A Shared Services
The objectives of the report are to identify Key F&A shared services issues and initiatives, including issues in supporting the parent organization and fellow subsidiaries, and the level of cost savings sought and Satisfaction with F&A shared service centers, including satisfaction by service type, and areas for improvement http://store.ovum.com/Product/2011_trends_to_watch_business_process_outsourcing?productid=OI00001-021