Logica Iberia, a leading business and technology service company, has signed a ten-year contract with Grupo Crédito Agrícola for the delivery of outsourcing services in IT infrastructure and data centre management. The contract, holding a sales price of over €30 million, also includes the execution of a comprehensive range of transformation projects that will allow substantial cost reduction, and enable a partnership of excellence with a high-quality service.

The contract awarded to Logica foresees not only management services but also procurement services, as well as the accommodation of the skills and abilities of transferred employees during their integration at Logica - thereby guaranteeing flexibility to both parties in their management.

"Logica will provide IT services to the GCA, running a large transformation project, ensuring a high quality service delivery and significant cost savings. This contract reinforces our critical mass in the infrastructure management area, strengthening the position of Logica as a market leader", says José Carlos Gonçalves, Country Manager for Logica Iberia and Latin America.

Jorge Jordão, Chairman of the Board of Directors of CA Informática and CA Serviços at Grupo Crédito Agrícola, says "The Group has been progressively  mplementing a Cost Containment and Reduction Program which, in the Information Services field, began in September 2009. This Outsourcing Contract for the Management of Infrastructures at the Data Processing Centreputs into practice one of the fundamental measures of said Program, and aims not only at the achievement of a significant improvement in the cost structure, but also the evolution to a higher level of process efficiency and the rationalisation of investments in information and communications technology. In this way, we believe that by signing this contract we give an important step towards ensuring continuous, sustained level of improvement regarding the competitiveness of the Information Systems servicing the Group.