HCL Tech wins US$350mn outsourcing deal

HCL Technologies Ltd. has entered into a total IT outsourcing services engagement with the Reader's Digest Association Inc (RDA), a global multi-brand media and marketing company. The value of the agreement is estimated to be approximately US$350mn over a seven year contract term. The scope of this complex transformational includes applications development and infrastructure support across the applications stack of Oracle Universe. Open Technologies and Mainframe; infrastructure support for network, security storage, end user computing and data centers (DC), including disaster recovery services are also part of the contract. The scope also includes DC and Application Portfolio optimisation to consolidate applications globally and refresh of legacy assets to modernize RDA's IT environment. As part of this engagement, HCL will also rebuild and migrate RDA's mainframe environment in its New Jersey Data centre facility. Additionally HCL will implement cutting-edge tools framework to provide business-aligned, unified real-time visibility into the health of the IT environment.