Ericcson outsources to TCS in ongoing Nordic-India ITO trend
Ericsson, the a leading supplier of telecommunication services and infrastructure, has awarded TCS a five-year contract for the development and maintenance of its global internal IT operations.
TCS has been selected as one of the two strategic partners that will deliver application maintenance services to Ericsson and a preferred supplier for application development services. The value of the contracts was not disclosed.
Nils Molin, Managing Director Sweden at the analyst firm IDC commended on the deal, “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 localizing its Nordic operations, expanding its services portfolio and aggressively adding new clients. We expect Nordic companies to continue to add deliveries from off and nearshore centers to their sourcing strategies for IT Services.”
Posted by on 09/25 at 05:00 AM
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