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Infosys wins $3.2 billion contract from Daimler
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Infosys wins $3.2 billion contract from Daimler
Shilpa Phadnis / TNN / Dec 22, 2020, 22:44 IST
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(Representative image)
BENGALURU: It’s a landmark, multi-billion-dollar deal win for Infosys. The Bengaluru-based IT firm has won the largest deal ever in its history from German automotive major Daimler that sources said is estimated at $3.2 billion, spread over eight years.
The deal involves a massive infrastructure overhaul and migration to a hybrid cloud environment. It will bolster Infosys s presence in the automotive space and will allow Daimler to focus on its core engineering and digital capabilities.
The latest win is bigger than the $1.5-billion Vanguard deal that Infosys bagged in August. The Daimler-Infosys deal is so significant that Infosys chairman Nandan Nilekani took to Twitter to call it an industry defining partnership. Infosys and Daimler declined to comment on the deal