News

TCS Wins Deutsche Bank Contract

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,” .

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.

Related posts

The Dead Alibi

Abhinav Kaiser

Indian Government to Monitor Facebook and Twitter Content

Abhinav Kaiser

George Floyd Killing Invokes Changes to Software Terminologies

Abhinav Kaiser

Fired on Phone : Yahoo CEO Carol Bartz

Abhinav Kaiser

IT News – 3 April 2012

Abhinav Kaiser

Traveling should be a Part of Work

Abhinav Kaiser

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.