Tech Mahindra signs five year application support deal with BT Group

Thebullishtrends: Tech Mahindra share price closed today at Rs.622.80. Tech Mahindra Ltd on March has announced after the trading hours that the signing of a five year deal valued in excess of US$350 Million to provide BT with Application Maintenance and Support Services for their Business Critical BSS and OSS Applications and Platforms.These services will be delivered from Tech Mahindra's state-of-the-art Centres of Excellence (CoE) at facilities in India and a new facility being setup in the UK to monitor BT's core business processes.Tech Mahindra's Service Excellence & Improvement Group (SEIG), focused on Application Maintenance and Business Activity Monitoring (BAM) will deliver business benefits to BTthrough process harmonization, automation and standardization of application services.