TCS, Capgemini win $43 mn contracts each from Norway Post

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New Delhi: TCS (Tata Consultancy Services) and global outsourcing services firm Capgemini have been awarded contracts worth USD 43 million (about Rs 233 crore) each from Norway Post to operate and manage its applications.
The 6-year deal encompasses delivery of a wide range of services across Norway Post's core portfolio of 55 applications. It delivers over 36 million packages and 2.2 billion letters annually.
"Apart from being selected to deliver application services across core postal value chains, TCS has also been entrusted to coordinate and drive the overall transition and transformation programme across multiple vendors," TCS said in a release.
Through this initiative, Norway Post is implementing a structured multi-sourcing model to drive efficiency and support their Nordic integrated business strategy, it added.
Norway Post in a statement said it has chosen Capgemini and Tata Consultancy Services (TCS) to operate and manage most of its applications.
"The estimated value to each of the suppliers Capgemini and TCS during the contract period is around 250 million Norwegian Krone (KOR)," it added.
Capgemini has 103 Nordic customers and around 4,500 employees in the Nordic region.
TCS's Nordic operations (an operating area cutting across Sweden, Finland, Norway, Denmark and Iceland) comprise over 5,000 professionals, servicing leading Nordic companies such as Nokia, Ericsson, TDC, ABB, Telenor, NETS and SAS.