• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

BL Research Bureau

If the $1-billion deal with Nielson company is any indication, TCS’ announcement of a $200-million deal in Mexico is in keeping with the trend in its recent client wins.

This deal with Social Security Institute of Mexico (IMSS) is a multi-service, multi million and multi-year deal. The deal, spanning four years, will entail TCS delivering end-to-end IT outsourcing services to IMSS.

Such complete IT outsourcing deals ensure that a blend of high and low margin services are delivered to a customer. The deal size and expertise required may also ensure optimum resource planning and deployment.

In this regard, TCS may leverage the strength of its global network delivery model as it already has delivery centres in South America. TCS is increasingly figuring in the final shortlists of international projects alongside global majors indicating that the company is climbing the value chain in delivering IT services to global clients.

The IMSS deal also means a deeper penetration into the fast growing Latin American geography as TCS already has won deals in Brazil, Ecuador and Chile.

This deal reduces TCS’ dependence on the US economy and BFSI clients in general. It may also reduce currency appreciation risks against the US dollar.

More Stories on : Stocks | Off-shore Development | Tata Consultancy Services Ltd

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Global telecom cos ride on Indian operations

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line