 "Infosys inks 5-year deal with Dutch firm TNT")
As part of its turnaround and transformation strategy called 'Outlook', TNT is overhauling its IT capability to reduce complexity and cost and increase flexibility.
"Infosys has been selected as the strategic technology partner for application development and maintenance services to accomplish this objective," the IT major said in a statement today.
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However, no financial details were disclosed.
Under the partnership, the current IT applications of TNT will be consolidated and standardised for higher quality of service and lower cost of operations, it added.
Infosys will use its collaboration technologies and world-wide presence to deliver a 24X7 service across multiple locations to support TNT's global operations.
"TNT's IT transformation roadmap resonates strongly with the 'Renew-New' strategy of Infosys. We look forward to helping TNT leapfrog to the next-generation SaaS and Cloud-based digital technologies that are customer friendly, cost effective and flexible," Infosys Vice President and Head Europe Retail, CPG & Logistics Karmesh Vaswani said.
TNT is one of the world's largest express delivery companies. On a daily basis, TNT delivers close to one million consignments ranging from documents and parcels to palletised freight.
The company operates road and air transportation networks in Europe, Middle East and Africa, Asia-Pacific and Americas. Its revenues stood at 6.7 billion euros in 2014.