South Asian Observer - Business News : HCL bags 350 million dollars ?Readers Digest? deal
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HCL bags 350 million dollars ?Readers Digest? deal
( Mar 16 2009 )
 

New Delhi, Mar 16 (ANI): India’s leading offshore IT and software development company, the HCL on Monday announced that it has bagged a seven year 350 million dollars IT services outsourcing contract from media and marketing house ‘Readers Digest Association’ (RDA).

 

According to a HCL statement, under the deal, the IT giant would re-build and migrate RDA’s mainframe environment to its New Jersey data centre facility.

 

HCL Technologies would also provide application development and infrastructure support across the application stack of Oracle, open technologies, main frame, infrastructure support for network, security, storage, end user computing and data centres.

 

RDA Senior Vice President for Global Operations Al Perruzza said that the IT firm would bring down cost of operations significantly.

 

“IT is a key enabler to our business. We expect that HCL will bring down cost of operations significantly, while improving services and bringing technology and capabilities to transform our IT functionality and service,” Perruzza added.

 

On the sourcing side, the HCL would be taking over several existing IT contracts from RDA and would manage them over the engagement period.  (ANI


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