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Tuesday, August 21, 2007

TCS signs deal with AGL

Aug. 20: Tata Consultancy Services (TCS) has signed a five-year information technology services contract with Australia’s largest retailer of gas and electricity, AGL Energy Limited (AGL). The deal is worth $16 million. Under the agreement, TCS will manage and support all SAP applications for AGL. This includes AGL’s existing SAP ERP system and the SAP Industry Solution for the utilities which is currently being implemented.
The decision by AGL to outsource all SAP applications, maintenance and support is expected to reduce the implementation time of the new utilities module and accelerate the return on investment. AGL managing director Mr Paul Anthony said: "The decision to outsource our applications management and upgrade our systems is in line with AGL’s strategy to streamline business operations and offer a competitive service. TCS was selected because of its SAP skills, utilities domain knowledge, and proven track record in technology innovations and mature methodologies."
TCS Asia Pacific executive vice-president and regional director Ms Girija Pande said, "This engagement underscores our capabilities in Asia Pacific energy and the utilities markets. The deal is supported by our global network delivery model, the global alliance network and our large regional presence."
TCS vice-president (energy and utilities practice) Mr Ajoy Mukherjee said, "Our full service capability and the domain expertise coupled with with our delivery methodology will enable us to deliver sustained value and the operational excellence to AGL.

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