Nissan invites bids for $250-million IT deal

Outsourcing companies including TCS, Wipro, IBM and Mahindra Satyam to bid for ADM services worth up to $250 million

 

Japan's third biggest automaker, Nissan, has invited outsourcing companies including TCS, Wipro, IBM and Mahindra Satyam to bid for an application development and maintenance potentially worth up to $250 million.

 

Nissan, which currently works with Mahindra Satyam among several other vendors, is among other Japanese companies such as Sony and Toyota who are seeking to reduce their operational costs by outsourcing their IT and back-office projects to India. They are expected to spend up to $2 billion on outsourcing with India-based vendors this year, according to experts tracking these contracts.

 

"Nissan has asked the vendors to bid for this contract. However, a significant local presence, or partnership with another Japanese IT firm are among the key parameters the bidder has to follow," said a senior executive at one of the tech firms exploring this opportunity.

 

Source: The Economic Times