Enterprise IT vendor IBM on Thursday announced 9-year IT outsourcing deal with Birla Sun Life Insurance (BSLI) to consolidate, redesign in-scope applications and use analytics to provide client insights that build competitive advantage.
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“They will bring our local and global expertise and capabilities to fuel BSLI’ expansion and growth in this dynamic Insurance industry in India,” said Vanitha Narayanan, managing director, IBM India.
IBM did not disclose the financial details.
As part of the IT outsourcing deal, BSLI will leverage mobility and cloud solutions developed by IBM Research and the IBM India Software Lab to achieve increased revenues, reduce costs and enhanced profitability.
BSLI will leverage IBM’s business consulting, application development and maintenance services to drive process efficiencies and transform the business towards better outcomes for customers and employees.