Lloyd's Register signs £36m outsourcing deal with Capgemini

Lloyd’s Register Group, the global engineering, technical and business services organisation and maritime classification society, has signed a five-year contract with Capgemini to deliver new and enhanced IT infrastructure and application services.

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Lloyd’s Register Group, the global engineering, technical and business services organisation and maritime classification society, has signed a five-year contract with Capgemini to deliver new and enhanced IT infrastructure and application services.

The £36 million contract will enable the Lloyd’s Register to capitalise on its current IT platforms and deliver an "improved customer experience alongside reduced costs", said Lloyd's. The contract is built on an existing relationship between the two organisations dating back to 2001.

Lloyd’s Register Group provides compliance, risk and technical consultancy services across the lifecycle of critical infrastructure assets in the marine, energy and transport sectors. It requires an IT infrastructure that can innovate in delivering its services to customers all over the world.

Delivering immediate savings and providing additional reinvestment for innovation, the new contract is designed to bring improved services at lower costs, investment for future services and technologies, and a stronger dedicated account team to better address Lloyd’s business needs, said the organisation.

The deal also provides additional services such as application portfolio management, asset management and enhanced security services.

Chris Coupland, group CIO at Lloyd’s Register, said: “This is a balanced deal for Lloyd’s Register, providing an immediate reduction in the group’s costs, as well as a source of investment for new capability and innovation."

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