Mumbai: Lufthansa, Europe's largest airline, is looking to consolidate its global IT service providers and strike a long-term deal with an Indian company to tap into digital technologies to stay ahead of the competition.
The carrier plans to reduce its spend on legacy systems by improving efficiency and divert to digital projects the money it saves in the process, besides cutting down on its vendors that number over 300 at present.
"We want to consolidate and simply our vendor management. Working with a large Indian provider makes sense because our competitors work with them and we want to boost our use of offshore efficiencies," Roland Schuetz, Lufthansa's senior vice president and chief information officer told ET.
Schuetz and the airline's CEO Karl Ulrich Garnadt, who are in India to attend the Nasscom India Leadership Forum in Mumbai, are working on narrowing down the vendors. he CIO now reports to the CEO, instead of the chief financial officer earlier.
12/02/15 Jochelle Mendonca/Economic Times
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The carrier plans to reduce its spend on legacy systems by improving efficiency and divert to digital projects the money it saves in the process, besides cutting down on its vendors that number over 300 at present.
"We want to consolidate and simply our vendor management. Working with a large Indian provider makes sense because our competitors work with them and we want to boost our use of offshore efficiencies," Roland Schuetz, Lufthansa's senior vice president and chief information officer told ET.
Schuetz and the airline's CEO Karl Ulrich Garnadt, who are in India to attend the Nasscom India Leadership Forum in Mumbai, are working on narrowing down the vendors. he CIO now reports to the CEO, instead of the chief financial officer earlier.
12/02/15 Jochelle Mendonca/Economic Times
