HP chosen by P&G for US$3bn IT deal

11 Apr 2003

Hewlett-Packard (HP) and Procter & Gamble have announced an agreement in principle to a US$3bn, 10-year IT-managed services contract. The companies expect to reach a definitive agreement in mid-May.

P&G global business services selected HP after a process that included major IT services providers.

HP services will manage P&G’s IT infrastructure, data centre operations, desktop and end-user support, network management and some applications development and maintenance support for P&G’s global operations in 160 countries. Approximately 1,850 P&G employees from 50 countries will make the transition to HP services, mostly from P&G’s global business services unit.

“We are excited about the opportunity to partner with one of the most innovative companies in the world. We have selected HP for its global IT expertise, services quality and cost, and collaborative approach, as well as our shared vision and values,” said Filippo Passerini, global business services officer, Procter & Gamble.

By Suzanne Byrne