TCS bags $ 200 mln outsourcing deal in Mexico

New Delhi, Nov 15 (UNI) Leading software exporter Tata Consultancy Services (TCS) today said it has bagged a four-year outsourcing contract worth 200 million dollars from Mexico-based Social Security Institute (IMSS).

Under the deal, TCS will provide end-to-end IT services including application maintenance and support, custom software development, business analysis services, management of strategic IT programmes and value added initiatives for the organization's affiliates as a strategic IT services partner for IMSS.

''The agreement with IMSS is the largest deal for us in Latin America, coming after similar large engagements we have won in recent years with ABN Amro bank in Brazil, Registro Civil in Chile and Banco Pichincha in Ecuador. It consolidates our position as the IT partner of choice for major Latin American organizations and also marks our emergence as a key player in the Mexican technology sector,'' said TCS Iberoamerica, President, Gabriel T Rozman.

Earlier this year, TCS had expanded its operations in Mexico by launching a global delivery centre in the city of Guadalajara with plans to hire over 500 professionals in the short term.

With operations across 14 countries in Iberoamerica (Latin America, Spain and Portugal) including over 5,000 local employees, 150 active clients and large centres in Brazil, Chile, Ecuador, Mexico and Uruguay, TCS has emerged as one of the fastest growing companies in the information technology industry in the Latin American region.

UNI