TCS wins outsourcing deal in Mexico worth over US$ 200mn
Tata Consultancy Services (TCS), (BSE: TCS.BO, NSE: TCS.NS), a leading IT services, business solutions and outsourcing firm, announced that it had won a four year contract valued at over US$200 million with the Social Security Institute of Mexico (IMSS). With over 370,000 employees and providing coverage to over 50 million Mexican citizens, IMSS is the largest organization of its kind in Latin America. TCS won this engagement following a public bid process and a rigorous assessment 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 organization’s affiliates.
Earlier this year TCS had expanded its operations in Mexico by launching a global delivery center in the city of Guadalajara with plans to hire over 500 professionals in the short term. “Mexico is emerging.
as a key market for TCS in Latin America. As the strategic technology partner for the Government of Mexico’s social security organization, TCS will bring in global best practices and benchmark standards to ensure excellence in service quality and performance, allowing them in turn to better serve the citizens of Mexico,” said N Chandrasekaran, Executive Director and Chief Operating Officer of Tata Consultancy Services.
“This agreement with IMSS is the largest deal for us to date in Latin America, coming after similar large engagements we have won in recent years with ABN Amro bank in Brazil, Registro Civil in Chile and Banco Pichincha in Ecuador. It consolidates our position as the IT partner of choice for major Latin American organizations and also marks our emergence as a key player in the Mexican technology sector,” said Gabriel T. Rozman, President of TCS Iberoamerica.
“We have a proven track record of managing complex IT systems and delivering results across the world. We value the trust that the government of Mexico has placed in us as a partner and are committed to making this engagement an absolute success,” said Ankur Prakash, Country Manager, TCS Mexico.
With operations across 14 countries in Iberoamerica (Latin America, Spain & Portugal) including over 5,000 local employees, 150 active clients and large centers in Brazil, Chile, Ecuador, Mexico and Uruguay, TCS has emerged as one of the fastest growing companies in the information technology industry in the Latin American region. .
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 organization’s affiliates.
Earlier this year TCS had expanded its operations in Mexico by launching a global delivery center in the city of Guadalajara with plans to hire over 500 professionals in the short term. “Mexico is emerging.
as a key market for TCS in Latin America. As the strategic technology partner for the Government of Mexico’s social security organization, TCS will bring in global best practices and benchmark standards to ensure excellence in service quality and performance, allowing them in turn to better serve the citizens of Mexico,” said N Chandrasekaran, Executive Director and Chief Operating Officer of Tata Consultancy Services.
“This agreement with IMSS is the largest deal for us to date in Latin America, coming after similar large engagements we have won in recent years with ABN Amro bank in Brazil, Registro Civil in Chile and Banco Pichincha in Ecuador. It consolidates our position as the IT partner of choice for major Latin American organizations and also marks our emergence as a key player in the Mexican technology sector,” said Gabriel T. Rozman, President of TCS Iberoamerica.
“We have a proven track record of managing complex IT systems and delivering results across the world. We value the trust that the government of Mexico has placed in us as a partner and are committed to making this engagement an absolute success,” said Ankur Prakash, Country Manager, TCS Mexico.
With operations across 14 countries in Iberoamerica (Latin America, Spain & Portugal) including over 5,000 local employees, 150 active clients and large centers in Brazil, Chile, Ecuador, Mexico and Uruguay, TCS has emerged as one of the fastest growing companies in the information technology industry in the Latin American region. .
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