3i Infotech Wins a Large Managed Services Deal from a Leading Indian Private Bank

The two-year contract is pegged at Rs. 42.60 crore

Mumbai, June 21, 2023 – 3i Infotech Limited (BSE: 532628, NSE: 3IINFOLTD), a global Information Technology company, committed to accelerating business transformation, has been awarded a two year contract by one of the leading Indian Private Sector Banks, as Managed Services Partner for Data center domain. The total contract value is approximately Rs. 42.60 crore. This comes at the back of 3i Infotech bagging several large multi-year contracts across various industries and verticals.

The contract is for a period of two years starting from July 1, 2023, to June 30, 2025, with the option to extend the contract with mutual agreement. With more than 1500 skilled resources for Infrastructure support to its IMS customers, 3i Infotech has tremendous experience in the enterprise banking sector and core banking. Furthermore, the company has the capability to specifically hire, skill and groom the new talent to cater to such large-scale enterprise banking managed services requirements and other contemporary complexities of the new-age digital banking systems. The company also hires laterally to align with resource needs.

Speaking on this win, Mr Thompson P. Gnanam, MD & Global CEO, 3i Infotech said, “Our Digital Infrastructure Managed Services (DIMS) is a thriving unit, with a huge uptake and demand for it from the industry. Whether it’s the country’s largest refiner or some of the biggest BFSI companies, we serve them all through our differentiated offering.  We have a very mature, robust, best-of-breed DIMS offering built over two decades. Our DIMS has capabilities to develop and implement transformational roadmaps for complex enterprises at scale, especially for companies operating in the BFSI domain. It enables enterprises to build, operate and manage NextGen infrastructure for digital transformation, ensuring that it is robust, flexible, secure, and scalable.”

3i Infotech’s Digital Infrastructure Managed Services comprising IT Infrastructure and Cloud, help clients in optimizing their IT spending. With over 200 clients, more than 3000 infrastructure professionals, and an integrated HybridNXT Support framework for On-Prem & Hybrid Eco-System, the company is a one-stop-shop for any enterprise’s Digital Transformation needs.

About 3i Infotech 

3i Infotech Limited incorporated in 1993 and headquartered in Mumbai, India, provides information technology services and software solutions. Since its inception the company has 25+ years of experience in delivering business value to its clients across multiple industry verticals. 3i Infotech has emerged as a leading name in propelling the current wave of digital transformation initiatives, with deep domain expertise across BFSI, Healthcare, Manufacturing, Retail, and Government sectors. The company currently stands with a strength of 8000 employees and over 500+ clients across the globe.

It operates through three key segments, (1) Enterprise Services (includes ADMS, ISMS, Testing, Classic BPS, MVS etc.), (2) Professional Services (includes Human Capital Mgt. Services) and (3) Digital Business Services (includes IT & Digital Consulting, Application-Automation-Analytics (AAA), Digital Infrastructure Management Services (Digital IMS), CloudFirst, Oracle COE, Global Command Centre (GCC), Cyber SOC, Digital BPS, Cognitive Computing Services, 5G Lab as Service, Private 5G, IoT, Cyber Security Services, Secure Access Service Edge (SASE), AgriTech, Telecom Media Entertainment (TME), Edge Computing, Edge Analytics, NuRe Campus, FutureTech, etc.)

Website: https://www.3i-infotech.com/