The top IT companies placed their bids for the biggest contracts this year by Johnson & Johnson. The deal will begin only 2014. Infosys hasn't placed an official bet.
Johnson & Johnson launches $1bn outsourcing contract
The top IT companies placed their bids for the biggest contracts this year by Johnson & Johnson. The deal will begin only 2014. Infosys hasn't placed an official bet.
Software companies are gearing up to fight for one of the largest IT contracts this year by Johnson and Johnson worth a whopping USD 1 billion. CNBC-TV18's Kritika Saxena reports.
Bids have been submitted for the deal, which will begin only in 2014. The total contract value of the deal is USD 1.1 billion. Eight bidders have placed bids, out of which, two are likely to bag the deal. It is a combination of 6-7 contracts in one.
The deal encompasses the need to develop end-to-end IT transformational services and software products for the giant Johnson & Johnson. The big Indian IT players, namely, HCL Tech , Cognizant Technology Solutions, Wipro and Tata Consultancy Services ( TCS ) have put up bids. It is likely that HCL Tech and Cognizant could emerge as frontrunners. Sources say that Infosys has not put an official bid yet.