8th May 2007 07:02
Xansa PLC08 May 2007 8 May 2007 Xansa's IT expertise helps Tesco focus on improving customer experience Minimum revenue commitment of £18 million over three years Tesco, one of the world's leading international retailers, has extended its ITcontract with Xansa, the outsourcing and technology company, for a further threeyears. Xansa will continue to manage Tesco's business critical applications,leveraging a combination of Xansa's onshore and offshore capability. Building on a relationship of 18 years, this extension, worth at least £18million over three years to Xansa, covers the support and development of Tesco'sapplications together with consultancy services. As such, Xansa will continueto support Tesco's IT strategy and to deliver cost-effective IT operationsthrough delivery excellence, productivity improvements and the use of Xansa'sintegrated delivery channels in the UK and India. In turn, this will allowTesco to re-invest in, and focus on, enhancing and extending its retailoffering, improving the overall shopping experience for its customers. Commenting on the agreement, Mike McNamara, UK IT Director, Tesco said: "Xansa, as a valued partner, provides us with expertise in ApplicationsManagement, an in depth understanding of our business and commitment to workingtogether to deliver our key outcomes. We are therefore pleased to be extendingour relationship with Xansa for a further three years." Commenting on the agreement, Alistair Cox, Chief Executive, Xansa said: "This extension is a great endorsement of the work that we have been doing forTesco over the past 18 years. Tesco is one of our Retail business' cornerstoneclients and this contract represents another example of how Xansa's 45 years'worth of expertise in Applications Management is valued by our clients." Contacts Gordon Stuart Giles Sanderson, James Melville-RossFinance Director, Xansa Financial DynamicsTel : + 44 (0)8702 416181 Tel : + 44 (0)20 7831 3113 About Xansa Xansa is a UK-based outsourcing and technology company with over 8000 people inthe UK and India. With a 45-year history of sustaining long-term relationships and pioneeringbetter ways of working, Xansa drives real and long-term cost reductions andperformance improvements. Committed to delivering guaranteed business outcomesthrough a combination of technology and process expertise, Xansa gives clientsacross the private and public sectors the freedom to do more. Xansa is listed on the London Stock Exchange (XAN.L) with revenues for 2006 of£357.3 million. Further information on Xansa can be found at: www.xansa.com About Tesco Tesco is one of the world's leading international retailers, with 2,710 storesand over 450,000 employees. The Group has a long term strategy for growth basedon four key parts: growth in the Core UK business, to expand by growinginternationally, to be as strong in non-food as in food and to follow customersinto new retailing services. Tesco operates stores in the UK, Czech Republic,Hungary, Poland, Republic of Ireland, Slovakia, Turkey, China, Japan, Malaysia,South Korea and Thailand. Within Retailing Services, Tesco.com is of the mostsuccessful on-line grocery shopping service in the world, fulfilling 250,000grocery orders each week and Tesco Personal Finance now has over five millioncustomer accounts. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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