TCS bags $1.2 billion Neilsen contract

"This arrangement with TCS will help us streamline and simplify our IT infrastructure," says the Neilsen Global Business Services executive vice-president.

Indian IT major Tata Consultancy Services (TCS) has secured a $1.2 billion order from The Neilsen Company, a global information and media giant, to update their IT operations. The work will take 10 years to execute.

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"This arrangement with TCS will help us streamline and simplify our IT infrastructure, application platforms and operational practices across our business," Mitchell Habib, executive vice-president of Neilsen Global Business Services, said in a statement.

"The Neilson agreement showcases our ability to manage and execute complex transformation engagements across the globe," said S Ramadorai, chief executive officer and managing director of TCS.