Wednesday, April 8, 2009

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TCS bags $80-mn deal from UK’s CMEC

India’s biggest software exporter TCS has won a $80-million outsourcing contract from UK’s Child Maintenance and Enforcement Commission (CMEC), the first in a series of almost $2-3 billion worth of contracts to be awarded by the UK’s state-owned departments. The UK’s state-owned departments are seeking help from the Indian offshoring industry for bringing troubled government technology systems back on track and lowering the cost of managing government IT systems anywhere between 25% and 40%, according to several experts ET spoke with recently.

“CMEC plans to have this system up and running smooth within next 1-2 years,” a UK-based expert told ET on condition of anonymity. TCS will help CMEC implement and integrate various applications, including Oracle’s Siebel customer relationship management software and TCS’ Bancs software.

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