EDS wins £200m contract at Barclays
EDS, the IT services giant under fire for its role in the tax credits fiasco at the Inland Revenue, has secured a $350m (£211m) deal to provide desktop support to Barclays Bank.
The seven year deal will see 77 Barclays IT staff transfer to the services giant, as the Barclays Group looks to standardise its desktops in time for its move to new headquarters. EDS takes over 41,700 desktops across the Barclay Group with immediate effect.
The company recently decided not to go through with a proposed £100m-a-year deal with IBM Global Services, deciding to keep the work in-house instead.
It no longer intends to outsource its entire ‘Enable’ IT division, said Toby Broome, chief operating officer, Barclays.
‘It makes sense [to outsource] on some occasions,’ he said, ‘but outsourcing is not a end in itself. We don’t have a goal to outsource but will consider it when it fits our needs.’
Barclays will move to new offices in London’s Canary Wharf in late 2004.