TCS Wins Deutsche Bank Contract

TCS Wins Deutsche Bank Contract

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Tata Consultancy Services (TCS), one of India’s leading IT companies has won a contract with Deutsche Bank’s capital markets business unit to provide software solutions to the global corporation.

The service provider will setup a service desk for application management and manage application services with ITIL framework.

TCS will cater to seven DB global locations – US, UK, Germany, Hungary, Philippines, Singapore and India.

TCS Banking Industry Solutions Unit Head Ramanamurthy Magapu said – “Our extensive experience in IT transformation initiatives, industry-leading domain capabilities in financial services and long-term partnership approach allow us to offer superior value to Deutsche Bank as they look to leverage their strong market position,” .

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It is true that TCS is a giant in India and their capability over ITIL has provided a definitive edge over the others. Plus, the company knows how to get the job done cheap – by offering salaries below the industry average.

The cheap pricing and IT experience it possesses is a major factor in bagging a number of projects. Pricing is an area where foreign multi-national companies such as Accenture, IBM and HP lose out, albeit having better capabilities and bench strength to kick start the project within weeks.

About the author

Abhinav Kaiser is an author and a management consultant. He has authored Become ITIL Foundation Certified in 7 Days and Workshop in a Box: Communication for IT Professionals. He works as a consulting manager for a top consulting firm. He advises businesses, organizations and enterprises in the areas of DevOps, IT service management and agile project management frameworks. Social Media : Facebook | LinkedIn | Twitter | Google Plus

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