Global banking major ABN Amro has signed a Euro 1.8 billion ($2.22 billion) contract with five IT vendors: Tata Consultancy Services, Infosys, Patni Computers, IBM, and Accenture.
Infosys said this is the single-largest, multi-year multi-million Euro contract ever won by an Indian company.
The deal indicates that large offshore players like Infosys and TCS have a competitive business model to deliver large, global, multi-year contracts.
(Above) ABN Amro executive directors A Vleming (extreme left), G Ensing, and L Rosenthal (extreme right) while signing the landmark outsourcing deal with Infosys CEO Nandan Nilekani and Infosys' head of operations in Europe B G Srinivas.
Photograph: Infosys Technologies
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