New Zealand's largest company, dairy group Fonterra, is considering outsourcing its worldwide information services functions to HCL in India.
Citing a slow down in financial services, IT outsourcing firm Tata Consultancy Services has chopped 15 SAP specialists from its Australian financial services division.
Tata Consultancy Services (TCS) has snagged work on the Commonwealth Bank's core banking system replacement project, but a spokesperson for the bank today insisted Indian outsourcing firm was not a key partner like SAP or Accenture.
The Commonwealth Bank has confirmed it is seeking a telecommunications supplier for a 10-year deal, possibly worth AU$1.3 billion.
Get an insider's look at Commonwealth Bank of Australia's technology operation with chief information officer Michael Harte in the first of our Changing of the guards series examining generational change in the nation's big four banks.
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