The contract is expected to save SAI Global around $27 million, HCL said. It would imply that the contract is worth a few million dollars, though HCL did not reveal the financial details of the deal.
Under the terms of the five-year partner agreement, HCL Technologies will provide SAI Global with IT Managed Application Services and Projects.
HCL Technologies was awarded the contract following a competitive tender evaluation to assist the company in delivering its newly integrated Global Sales and Marketing capability and the organisation’s Strategic Future Projects, the Indian company said.
In providing the organisation with a single point of accountability for the nominated IT applications, HCL Technologies will support SAI Global with multi-country Managed Service, which will help reduce support costs and shorten new implementation times across the organisation’s geographically dispersed operations.
At the same time, HCL Technologies will also support the organisation’s drive for service quality improvements through the deployment of Standardised Processes across SAI Global’s business units and provide ongoing support for the organisation’s global Epicor ERP platform.
Peter Mullins, Chief Executive Officer, SAI Global, said: “This is another important step in SAI’s evolution to a lower cost, integrated provider of risk management solutions. HCL is an industry leader in outsourced IT services and we are pleased to be entering into a partnership with them to improve the efficiency and the costs of delivering SAI products”.
“Overall, we expect the outcome to be higher organic revenue growth and increased operating margins in FY16 and beyond,” added Mr. Mullins.
Malcolm Pascoe, Group CIO, SAI Global said: “The relationship with HCL is critical for our IT Transformation journey, and access to their global pool of resources will enhance our Product Development capability to offer better products to our customers”.
Sanjeev Nikore, President and Senior Corporate VP of HCL Technologies, said: “We are delighted to have been selected as a strategic partner to a leading Australian information services company that helps organisations worldwide to manage risk, achieve compliance and drive business improvement.
“This contract is testament to the quality of the HCL Technologies solution, our people and the company’s experience in understanding the Customer Pain Points to create a solution to meet their ongoing requirements for providing business services. Winning this contract demonstrates our reputation for innovation, commitment, and strong global delivery capabilities”