Ericsson Outsources Internal IT Services

India's Tata Consultancy Services (TCS) has signed a five year global contract with Ericsson to deliver application maintenance and development services for EricssonÃ's 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.

Amit Bajaj, Director - Nordic Region, TCS said: "This engagement with Ericsson clearly demonstrates TCSÃ' unique value proposition as we drive more value for our European clients through increased service quality and greater alignment to their business needs. Nordic companies are increasingly looking to service providers like TCS to create a compelling value and deliver consulting, IT services & product engineering synergistically through a single global service standard using TCSÃ' Global Network Delivery Model (GNDMTM)."

Nils Molin, Managing Director Sweden at the analyst firm IDC added: "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."

The financial details - or if any staff would be transferred - were not disclosed.

Posted to the site on 17th September 2008