Conduent wins three-year $1 billion contract

Business process services company Conduent said it had won a three-year contract worth about $1 billion, with a US-based Fortune 50 company.

The company said it would hire about 1000 people in the US, Europe and Asia to fulfill the contract, which is part of a renewal.

“This award demonstrates that digital experiences are a powerful and must-have differentiator. Our platform portfolio, technology expertise and ability to understand customer needs set us apart from the competition with this Fortune 50 brand,” Christine Landry, group chief executive, Consumer & Industrials, Conduent, said in a statement.