Infosys bags five-yr outsourcing deal from BP
New Delhi: The country`s second largest software exporter, Infosys Technologies, today said it has bagged a five-year outsourcing and support agreement from BP, one of the world`s major oil and gas companies.
Infosys will manage and operate a large portion of business systems for P under the terms of the agreement, Infosys said in a statement. However, the company did not reveal the financial details of the deal.
"I am pleased to have selected Infosys as one of our
strategic ADAM vendors. In awarding Infosys ADAM work for our
integrated supply and trading and exploration and production
businesses, we look to leverage its capability and knowledge
of the oil and gas sector," BP Group Chief Information Officer
Dana Deasy said.
This agreement will enable BP to reduce complexity,
standardise work processes, and lower overall cost base.
Over the last 12 months, BP has undertaken a programme to
consolidate its information technology vendors for application
development and application maintenance (ADAM).
"We are well positioned to use our global sourcing
expertise and transformational capabilities in the oil and gas
domain to deliver significant improvement in operational
efficiencies to BP as a part of this new agreement," Infosys
Technologies CEO and Managing Director Kris Gopalakrishnan
Download the all new Zee News app for Android and iOS to stay up to date with latest headlines and news stories in Politics, Entertainment, Sports, Technology, Business and much more from India and around the world.