EFY Times  
Tuesday, February 09, 2010
 
GO
Click here!
BT Inks £160 Million Deal With Nationwide Building Society
 
Home >> Infotech >> Business Deal
 
BT Inks £160 Million Deal With Nationwide Building Society
 
This agreement marks a shift towards a preference for a multi-sourcing model for IT services that can provide Nationwide with a reduced overall service cost.
 
 
Rate this news:  (1 Votes)
Wednesday, July 02, 2008 BT has signed a new agreement with Nationwide Building Society to manage its networked IT services in a seven-year outsourcing deal worth £160 million. Under this new, business-aligned outsourcing service, Nationwide will transfer all voice and data networking infrastructure, third-party network contracts and in-scope staff to BT.




As part of the contract, BT will deliver a service transformation programme under which they will consolidate Nationwide’s multiple networks onto its 21CN Global network which will support both voice and data services on a single converged platform. BT will also deliver enhanced remote access facilities to Nationwide’s non-office based employees.

The new model will introduce a commercial model providing Nationwide with cost predictability while based on industry-best practice and a framework of service level agreements (SLAs) at a reduced overall total cost of ownership.

While speaking on the deal, Peter Stafford, head, IT infrastructure, Nationwide Building Society, said, “Nationwide’s growth in recent years has meant that our IT infrastructure has also had to evolve at an exponential rate to keep up with demand, and we must now seek the most efficient and scalable infrastructure service possible to support this. Having worked with BT for a number of years, we are very confident in the team’s ability to fulfil our requirements.”

“Nationwide chose BT for its ability to deliver a standardised, cost-effective network infrastructure and a well-governed but innovation-led approach to future service management. In delivering this contract, BT will build on its unrivalled track record in providing transformational network-centric outsourced solutions which meet the demands of the financial services industry,” shared François Barrault, CEO, BT Global Services.





Print Email Comment 
(Total Views: 1067)
 
 
Infotech News
   
Blackberry Spyware Sourcecode Released
Micro Solar Cells Can Lead To Better Solar Panels
ESDN Software Plans Datacentre At Nashik
CA Expands Web Security Technology
Asus Launches Wireless HDMI Kits
 
 
 
Most popular
 
Dialogue
 
Govt Should Invest More In Digital Infrastructure
Srinivasan S., the founder-director of VIVA Communications, speaks to EFY Bureau on what motivated him to enter VoIP....
Microchip India To Begin Hiring In 2010
The company aims to surpass the market growth rate in the next few years by aligning their growth strategies with the changing market scenario....
Chengdu Offers Immense Opportunities For Indian Companies
Set up by the Chinese government in February 2008, Chengdu's Hi-Tech Industrial Development Zone houses at least 30 Fortune 500 companies and 12,000 d...
Eyeing The Indian Pie!
With the Indian hardware market growing firm, EVOC Group plans to cater to its demands by providing customised solutions through investments in R&D fa...
'Key To Ensuring Growth Is To Adapt To Market Dynamics'
Aspiring Minds, a two-year old company, has not only been successful in coming up with a stack of interesting talent assessment and benchmarking tools...
   
  View All
    
    
Features
Technology: The Match Winner!
Intencity, a Pune-based exclusive video game store, has expanded its business and boosted revenue by 40 per cent, using online store solutions....
Reading A Customer's Mind Is Not Rocket Science!
Most organisations devote significant amounts of time and energy to explore ways to woo and retain their customers. IT has a solution for this busines...
 
Events
 
9 Feb: Macworld 2010

22 Feb: e-Crime India

23 Feb: Third International Conference On Digital ...

17 Mar: Open Source Business Conference

7 Jun: Telecoms World North Africa 2010

View All
   
   
 
 

home archives contact us
           
Magazines Portals Directories Events News Verticals Educational Institute  
Electronics for You
LINUX for You
BenefIT
Facts for You
Electronics Bazaar
electronicsforu.com
efytimes.com
bpotimes.com
itmagz.com
linuxforu.com
Electronics Annual Guide
EFY Awards
EduTech Expo
OSIWEEK Expo
Electronics
Infotech
Linux & Open Source
Consumer Electronics
Science & Technology
BPO
EFY Techcenter 
 
 
© Copyright 2010 EFY Enterprises Pvt. Ltd.
All rights reserved. Reproduction in whole or in part in any form or medium without written permission is prohibited.
Usage of the content from the web site is subject to Terms and Conditions