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08 May 2007
Tesco, one of the world's leading international retailers, has extended its IT contract with Xansa, the outsourcing and technology company, for a further three years. Xansa will continue to manage Tesco's business critical applications, leveraging a combination of Xansa's onshore and offshore capability.
Building on a relationship of 18 years, this extension, worth at least £18 million over three years to Xansa, covers the support and development of Tesco's applications together with consultancy services. As such, Xansa will continue to support Tesco's IT strategy and to deliver cost-effective IT operations through delivery excellence, productivity improvements and the use of Xansa's integrated delivery channels in the UK and India. In turn, this will allow Tesco to re-invest in, and focus on, enhancing and extending its retail offering, improving the overall shopping experience for its customers.
Commenting on the agreement, Mike McNamara, UK IT Director, Tesco said:
"Xansa, as a valued partner, provides us with expertise in Applications Management, an in depth understanding of our business and commitment to working together to deliver our key outcomes. We are therefore pleased to be extending our relationship with Xansa for a further three years."
Commenting on the agreement, Alistair Cox, Chief Executive, Xansa said:
"This extension is a great endorsement of the work that we have been doing for Tesco over the past 18 years. Tesco is one of our Retail business' cornerstone clients and this contract represents another example of how Xansa's 45 years' worth of expertise in Applications Management is valued by our clients."
