An estimated $1.5 billion worth of business has been awarded to Infosys by the multinational energy corporation BP (formerly British Petroleum). The main application services collaborator for BP will be Infosys. The deal is spread over five years.
Infosys and BP did not comment on the value and the tenure of the deal. The two have had a two-decade relationship, during which the annual contract value was over $100 million. Infosys co-founder and chairman Nandan Nilekani and LeighAnn Russell, EVP, innovation & engineering at BP, signed the MoU on May 10. The deal is Infosys’s biggest since the estimated $3. 2 -billion contract it won from Daimler three years ago.