HCL Technologies wins Rs 3,000 crore deal from Pepsi

HCL-Technologies-logoMumbai, India, May 20, 2014: HCL Technologies has bagged a $500-million (Rs 3,000-crore) IT outsourcing deal from beverage giant PepsiCo in a massive win for its infrastructure management services (IMS) business. The fourth-largest Indian IT services firm piped HP to bag the seven-year IT deal. They are making some changes to global IT organization that will enable to stay competitive while meeting the needs of the business. HCL has systems, expertise and scale to help PepsiCo in this endeavour says Sachin Karpe.

HCL Technologies told they are pleased to be working with PepsiCo. PepsiCo, which owns brands like Lays and Tropicana, had signed a $100-million deal with incumbent IT service provider HP in 2006 for managing its data centre operations. The contract, which came up for renewal last year, was aggressively pursued by the country’s largest IT firm TCS and Nasdaq-listed Cognizant. PepsiCo has had long-term engagements with a host of IT service providers in the past. It signed a deal with IBM in 2011 for finance and accounting. It had also signed up with The Portland Group for procurement, Kuehne and Nagel for BPO services and Hewitt largely for HR says Peter Bendor-Samuel, CEO of IT research and advisory firm Everest Group. Over the past decade, HCL has been one of the fastest growing technology companies not only in India but in the world – even during the depths of the economic downturn.

A combination of technical expertise and an innovative management philosophy that unleashed the innovative thinking of empowered employees. As a $5.2 billion global company, HCL Technologies brings IT and engineering services expertise under one roof to solve complex business problems for its clients. Leveraging our extensive global offshore infrastructure and network of offices in 31 countries, we provide holistic, multi-service delivery in such industries as financial services, manufacturing, consumer services, public services and healthcare says Sachin Karpe. Pepsi had signed the contract with HP in 2006 for a total value of $100 million for managing its IT and data centre operations, according to outsourcing advisory firm Everest Group. Pepsi also has outsourcing agreements with IBM, which runs the finance and administration processes of Pepsico’s India arm says Sachin Karpe. Since mid-2013, there were reports on how TCS and Cognizant were also the front-runners to win the outsourcing contract, which finally saw HCL Technologies as the winner. HCL’s infrastructure services grew 5.1% sequentially in Jan-March quarter, riding on the pent-up demand for rebids or renewals.

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