TCS gets $16mn contract from Australia's AGL
Business Standard — August 20, 2007

Tata Consultancy Services (TCS), India's leading global IT services provider, today announced it has signed a five-year, $16 million (around Rs66 crore) IT services contract with AGL Energy (AGL), Australia's largest retailer of gas and electricity.

Under the agreement, TCS will manage and support all SAP applications for AGL. This includes AGL's existing SAP ERP system and the SAP Industry Solution for Utilities, which is currently being implemented.

The decision by AGL to outsource all SAP applications maintenance and support is expected to reduce the implementation time of the new utilities module, and accelerate return on investment.

Paul Anthony, managing director of AGL, said: "The decision to outsource our applications management and upgrade our systems is in line with AGL's strategy to streamline business operations and offer a competitive service. TCS was selected because of their SAP skills, energy and utilities domain knowledge, proven track record in technology innovations and mature methodologies."

Commenting on the announcement, Girija Pande, EVP and regional director for TCS Asia Pacific, said: "TCS is delighted to be associated with AGL. This engagement underscores our capabilities in the Asia Pacific energy and utilities markets. It is supported by our Global Network Delivery Model, global alliance network and our large regional presence."

Ajoy Mukherjee, VP, TCS Energy & Utilities Practice, added: "TCS' full service capability and domain expertise, together with our delivery methodology, will enable us to deliver sustained value and operational excellence to AGL."