I spoke to TCS UK MD, AS Lakshminarayanan, who confirmed that some of the work around the BaNCS package will be done offshore. Neither party would comment of the value of the contract but I suspect that the $80m deal size mooted in the Indian press today is some way off the mark.
I do believe we are reaching the point at which market perception of the leading India-based IT services firms as “offshore players” is considered ‘just so last decade’. As HCL Europe CEO, Rajeev Sawnhey, told me last month (see Don’t call HCL an offshore player!), “We’re not an offshore player - we are a global IT services firm which just happens to be based in India - just as IBM is based in the US or Capgemini in France”. Clearly the UK public sector is also starting to take this message to heart.
It also seems that the Government treats the different parts of the Tata ‘family’ on its own merits. After Tata Sons chairman Ratan Tata’s warning last month over potential job cuts at Jaguar Land Rover (see Will Ratan Tata’s big stick hurt TCS UK?), I was concerned that this might adversely colour Government thinking towards TCS. It seems not!
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