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IBM awarded five-year contract by BP



26 August 2009 @ 12:55 pm BST

BANGALORE - IBM and India's top three outsourcing firms have each won five-year IT services contract from oil and gas major BP , the firms said on Wednesday, amid hopes of a revival in technology spending.


A worker prepares a stand of IBM for the upcoming CeBIT fair inside a hall in Hanover
In this file photo a worker prepares a stand of IBM for the upcoming CeBIT fair inside a hall in Hanover February 27, 2009.
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Neither IBM nor the Indian firms, Tata Consultancy Services , Infosys Technologies and Wipro , disclosed financial details of the contract.

IBM said in a statement its share of the contract was the largest among multiple IT services deals awarded by BP as part of a drive to consolidate the number of services providers.

A spokesman for IBM in India declined to give further details.

As part of the deal, the U.S.-based technology major said it would manage and run BP's enterprise applications and integrated service desk responsibilities.

Indian outsourcers such as Infosys and Wipro, which compete with bigger rivals such as IBM and Accenture for large global deals, are increasing their focus on Europe and elsewhere due to a recession in the United States, their biggest market.

(Additional reporting by Janaki Krishnan in MUMBAI)

(Reporting by Sumeet Chatterjee; Editing by John Mair)

© 2009 Thomson Reuters. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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