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Wednesday, May 19, 2004

Capgemini Wins $3.5bn TXU Outsourcing Deal

Capgemini SA has signed the biggest IT services contract of 2004 so far: a 10-year $3.5bn outsourcing deal.The contract is a significant boost for Paris, France-based Capgemini's ambitions in the US, and will give it a foothold in the one of the country's biggest energy companies, enabling it to compete more successfully with Accenture for energy outsourcing deals. Megadeals are beginning to happen in the outsourcing market- companies written off or said to be fading can capitalise this time by winning such opportunties and growing companies like indian IT majors can get a legup by winning such deals. Weaker companies, slowing down but not getting out will get marginalised from big players club.
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Sadagopan's Weblog on Emerging Technologies, Trends,Thoughts, Ideas & Cyberworld
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