Infosys signs $100 million IT outsourcing deal with TNT Express

Indian software services vendor Infosys has bagged an approximately $100 million outsourcing contract from Netherlands-based courier delivery service TNT Express.

Times of India reported that Infosys, India’s second-largest IT company, will provide application development and maintenance (ADM) services, an expansion of its existing scope of work for TNT Express.

TNT Express, which focuses on Europe and connecting Europe with the world, is aiming at achieving 220 million in savings by 2015 through consolidating services, optimizing infrastructure, increasing productivity and reducing indirect costs.
TNT Express is investing $200 million in infrastructure and IT till the end of 2015 to optimize and automate depots and hubs and in business supporting and customer IT. TNT Express is launching new online booking and payment tools to improve its customer interface technology.

The report on Tuesday said global logistics companies including UPS, DHL and FedEx have had outsourcing engagements with Indian IT vendors. Wipro has serviced FedEx; Cognizant and Infosys have provided IT services to DHL.

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