Extension adds over $1.5bn in value to the existing contract
Computer Sciences Corp (CSC) has extended its global IT outsourcing agreement with United Technologies Corp (UTC) for an additional five years, which adds over $1.5bn in value to the existing contract that runs until December 2019.
The company said that the extension also provides an opportunity to expand into new geographies with a potential new business value of an additional $300m.
Under the extension, CSC will continue to provide IT infrastructure support for UTC in 22 countries, supporting 110,000 desktops and UTC’s server and mainframe requirements. These services have resulted in continued cost reductions over the course of the partnership, while delivering IT services to UTC’s businesses.
Russ Owen, president of managed services sector at CSC, said: “This extension demonstrates the value that our IT outsourcing services provide to our clients and reflects our continued commitment to provide UTC the most innovative, high quality and cost-effective services available in the market.”
The original contract was awarded to CSC in 1999 for IT infrastructure and applications services for approximately 50,000 desktops in North America. Since then, the partnership has continued to expand globally.