Thursday, November 15, 2007

TCS wins $200million dollar deal in Mexico

Tata Consultancy Services (TCS) has won a four- year contract of over $200 million from Social Security Institute of Mexico (IMSS), which is the largest organisation of its kind in Latin America. TCS won the contract following a public bid process based on technology and financial parameters over three other leading global and local technology companies.

In its role as the strategic IT services partner for IMSS, TCS will provide end-to-end IT services including application maintenance and support, custom software development, business analysis services, management of strategic IT programs and value added initiatives for the organisation’s affiliates.

This is the largest deal for TCS in Latin America. TCS had earlier secured a 200 million dollar deal with ABN Amro of Brazil and a 170 million dollar contract with Banco Pichincha of Ecuador.

TCS employs over 5000 young Latin Americans in Brazil, mexico, Uruguay, Argentina, Ecuador and Chile. TCS has a regional training centre in Montevideo.

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