Infosys signs outsourcing deal with TNT

Infosys on Monday said it had signed a five-year agreement with Dutch company TNT to help it simplify and transform its technology applications. The company did not disclose the financial details of the deals. As part of its turnaround and transformation strategy called ‘Outlook’, TNT is overhauling its IT capability to reduce complexity and cost and increase flexibility. Under the partnership, the current IT applications of TNT will be consolidated and standardised for higher quality of service and lower cost of operations, Infosys said in a press release.