SINGAPORE--Local-based Frontline Technologies has secured outsourcing contracts worth S$21 million (US$12.5 million) through its associate company in China, MDCL-Frontline.
The IT services provider inked a multi-million dollar outsourcing contract with the Chinese subsidiary of digital imaging giant Kodak, according to a media statement released by Frontline. Under the agreement, MDCL-Frontline will supply and manage Kodak's medical systems used in medical institutions across Shanghai. A similar deal with the company's Taiwanese subsidiary was also subsequently sealed.
Frontline Technologies President and CEO Lim Chin Hu said in the statement that the opportunity to partner Kodak was "a very encouraging start to our outsourcing business in China".
"The benefits that we have brought to Kodak demonstrate that outsourcing is not about cost-cutting alone," he said. "It is about improving and streamlining processes so that we can do things better, faster and more cost efficiently to enhance service levels, while enabling organizations to become adaptive and more competitive in today’s dynamic environment.”
On the telecommunications front, Frontline also won new business deals with China Mobile to manage the telco's server and network infrastructures for its subsidiaries in Fujian, Hainan, Jilin, Liaoning and Tibet. MCDL-Frontline also clinched a five-year contract with Nokia's China office, to provide infrastructure management solutions and services.
MCDL-Frontline was also the vendor of choice for one of China's top banks, which it did not name. The vendor will deliver systems integration, infrastructure and support services for the financial institution.
Frontline has over 3,000 employees in China, India, Malaysia, the Philippines, Singapore and Thailand. In October, it established Frontline Technologies Philippines to tap on the market opportunities presented by the Philippine high-growth telecommunications sector.
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