Accenture bags Postal Department deal
Global IT and consultancy firm Accenture bags order from the Postal Department to modernise post offices across the country.
The financial details of the deal were not known. As per the modernisation contract, Accenture would design an enterprise IT architecture and migrate the Department of Post (DoP) to a more efficient IT system, Accenture said in a statement.
The project is designed to help the DoP, which has been reporting losses to drive revenue and regain market share in different services and products such as bill payment, e-posts, life insurance, money transfer and banking.
The technology upgrade would also benefit citizens via speedier banking and insurance services, track and trace abilities and would help the postal department to compete effectively with the local and international courier firms.
Accenture would also advise DoP on the development of a wide-area network that helps connect all post offices on which various online services can run.
Krishna G V Giri, who leads Accenture's Management Consulting practice (Health and Public Service operating group) in the Asia Pacific region said, "Armed with efficiency at DoP, the government will be better positioned to share various social schemes, such as Mahatma National Rural Employment Guarantee Scheme, with even the most remote citizens."
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.