million dollar BP deal
BP has selected Tata Consultancy Services (TCS) as its strategic partner in its transformational IT program. Hasit Kaji, Vice President, TCS, says this is a multi million dollar deal. Speaking on the details of this multi year deal, he says the IT firm would be fundamentally focusing on the refining and manufacturing some of the corporate IT applications and in a later stage would be involved with the exploration and production and trading applications.
Here is a verbatim transcript of the exclusive interview with Hasit Kaji on CNBC TV18. Also watch the accompanying video.
Q: How many people have won the deal? There are four right now. Is it four, Infosys, Wipro, TCS and IBM? Could you elaborate a little bit on what portion of the business rolex watches for sale you ve got?
A: I cannot elaborate on who else has won. But we are very delighted to be part of this very important IT transformation programme, which fundamentally focuses on driving operational efficiencies and continuous innovation for BP.
Q: Could you elaborate on what kind of work you are doing? We understand that there are different buckets of work that each Indian vendor has got. You are going to be present from explora rolex watches for sale tion to trading. Can you lay it out for us as to what kind of work you will be doing with them?
A: We would be fundamentally focusing on refining and manufacturing some of the corporate IT applications. Then going forward, we will be involved with the exploration and production and trading application.
Q: What siz rolex watches for sale e is the deal? It ranges anywhere between USD 500 million 1 billion. What is TCS share in the work?
A: It is a multi million dollar deal for us and a multi year deal.
Q: Could you put a number to it?
A: No, I am sorry. I wouldn t be able to put a number to it.
Q: It is essentially an MSA deal, which means yo rolex watches for sale u start up with an amount and increases as and when you start bidding for more work. What kind of potential do you see in this deal?