Tata Consultancy Services (TCS) recently announced that it has been selected as a strategic IT vendor by BP, one of the world's largest integrated oil and gas companies, with operations in more than 100 countries.

Over the last 12 months BP has undertaken a program to consolidate its IT vendors for application development and application maintenance. BP undertook a rigorous selection process which assessed TCS on its Oil and Gas sector knowledge, its capability of delivering innovation for efficient management of applications, and of reducing cost through effective leverage of multiple levers including the Global Network Delivery Model.

Dana Deasy, BP Group CIO, said "In awarding TCS our refining, manufacturing and corporate IT maintenance work, we look to benefit from their knowledge of the Oil and Gas sector. Additionally we see opportunities for TCS to help us deliver IT solutions to enable our upstream and trading businesses. This contract will help BP to reduce complexity, standardize processes and lower our overall cost base”.

Said N Chandrasekaran, Chief Operating Officer and Executive Director, TCS, “Our selection as a strategic IT vendor for BP demonstrates our strong domain expertise and highlights the investments we have been making in the technology-led energy sector.”