Patni Computer Systems (iGATE Patni) has bagged a 5-year deal from Rio Tinto.
Rio Tinto is expected to spend approximately $60-80 million over the next five years proportional to the outcomes delivered out of this partnership. iGATE Patni is believed to provide engineering research and development services, including industrial automation and control, software and embedded design and development to Rio Tinto.
Patni has claimed to name the deal an "innovation partnership". The aim is supposed to create next generation technologies and enable growth of Rio Tinto's ‘Mine of the Future' programme, said a statement.
Phaneesh Murthy, CEO, iGATE Patni said, "With Rio Tinto and iGATE Patni having invested close to $3 million in the infrastructure for the RTIC, we are geared to partnering with Rio Tinto in achieving its vision of providing unprecedented automation in mining."
