Maritime engineering and business services firm Lloyd’s Register Group has outsourced IT infrastructure and applications services for five years to cut costs and get third-party investment in new technology.
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Lloyd's Register serves customers all over the world, providing certification, classification and inspection services to sectors including transport and energy.
The £36m contract with Capgemini UK will give Lloyd's Register access to the service provider's “innovation incubator”. The company has used Capgemini for IT services since 2001.
The deal will reduce costs and provide a source of reinvestment for innovation.
“[The deal provides] an immediate reduction in the group’s costs, as well as a source of investment for new capability and innovation,” said Chris Coupland, CIO at Lloyd’s Register.
The company selected Capgemini because it offered value for money and promised “improvement and innovation”, he said.
Capgemini said the infrastructure platform at Lloyd's Register will be improved to make better use of cloud, mobile and big data technologies.
Lloyd's Register will also receive support in applications portfolio management, asset management and security services.