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HCL signs outsourcing deal with Al Majdouie Group

12 Jul 2010 Evaluate

IT services firm HCL Technologies has signed a “mega” outsourcing agreement with Saudi Arabia’s Al Majdouie Group to provide end to end services for a period of seven years for an undisclosed sum.

 

The scope of the deal includes developing infrastructure, implementing Oracle’s e-Business suite with over 70 modules and managing and running them; and commissioning and managing a data centre and disaster recovery services, HCL said in a statement.

 

HCL’s end to end IT services would enable the Al Majdouie Group, having interests in the transportation, steel, automobiles, real estate and travel businesses, to streamline business processes and integrate seamlessly across all group companies.

 

The IT services firm would require to blend all its outsourcing strengths — applications and infrastructure capabilities, industry knowledge and expertise to help Al Majdouie achieve fundamental transformation at the enterprise level.

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Peers
Company Name CMP
TCS 2202.00
Infosys 1038.20
HCL Technologies 1207.00
Wipro 167.50
Tech Mahindra 1539.50
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