Tech Mahindra’s Brazilian subsidiary Complex IT has signed two deals to deliver enterprise solutions for oil & gas and banking vertical. The first project was with Schahin Petróleo to deliver a new enterprise business solution for the operations of the oil and gas division of the Schahin Group. The project includes implementation of SAP Enterprise Resource Planning (ERP) and addresses business pain points around complex supply chain logistics and strengthening of the integration process. Complex IT also signed a transformational contract with a leading bank in Brazil to deliver enterprise business solutions for SAP demands on AMS, Projects and on-going demands. This will help them overcome High Complexity environment and helping internal SLA. “Our growth strategy in Latin America leveraging a combination of inorganic and organic plays is showing early results,” said Arvind Malhotra, Senior Vice-President, Strategic Accounts, Tech Mahindra.In February, Tech Mahindra had acquired a 51 per cent stake in Brazilian SAP consulting firm Complex IT.
- Hindu Business Line