| General Motors on Tuesday announced a major information technology systems outsourcing contract, which could total $15 billion over five years, to global software and system integrators. Wipro, EDS, IBM, Hewlett-Packard and Cap Gemini have figured among the winners. |
| Said Sudip Banerjee, president, Enterprise Systems Group, Wipro Technologies, "Wipro has won four of the 43 orders given out by GM. While it has won one on its own, the other three are in partnership with EDS. Wipro will start work on these contracts in the second quarter of 2007-08 and revenue from the project is expected to start flowing from the end of that quarter." |
| Wipro already works on many other projects of GM. In the last four quarters, Wipro did business of around $30 million with GM. |
| Wipro employs close to 500 people for GM's order management and global supply chain project and with the fresh contract, the staff strength is expected to be scaled up to 1,000 people over an 18-month period. |
| Wipro will be involved in development, maintenance and testing of middleware systems as GM is attempting to globalise its IT systems and develop standardised work processes. Wipro, in partnership with EDS, will also be involved in the Onstar project of GM, a vehicle tracking system. |
| The decision by GM to outsource ends two years of hectic negotiations with global software system integrators. The company's 10-year contract with EDS ends by June 2006. |
| GM, as a part of its overall strategy to re-source its processes, is outsourcing a broad range of work, including computing operations, for automotive product development, manufacturing and supply chain as well as for its financial services. |
| Big deals Recent big-ticket outsourcing contracts |
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| AND NOW... |
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