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MTPA","tembo-global-industries-opens-new-vasai-facility-boosts-capacity-to-100000-mtpa","Tembo Global Industries scales up! Discover how their new 100,000 MTPA Vasai facility drives engineering innovation and infrastructure growth.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Ftembo-global-industries-opens-new-vasai-facility-boosts-capacity-to-100000-mtpa-0tSB5k.png","2026-07-31T02:07:26+05:30",{"title":74,"slug":75,"excerpt":76,"imageUrl":77,"publishedAt":78,"author":11,"category":12},"N.A.N. MagneTech to Invest INR 1,250 Cr in NdFeB Magnet Plant","nan-magnetech-to-invest-inr-1250-cr-in-ndfeb-magnet-plant","N.A.N. 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The agreement strengthens the long-term strategic partnership between the companies to meet the latter's business objectives, such as enhancing the customer experience as well as to implement new delivery models to ensure optimal productivity and cost control. The contract is valued at an estimated €49 million (approx. C$74.5 million).\u003C\u002Fp>\r\n\u003Cp style=\"text-align: left;\"> LocalTapiola outsourced its IT operations to CGI in 2013, and over the past few years, it has developed a variety of new digital services for LocalTapiola customers, including TerveysHelppi (Health Help), a mobile telemedicine service. By combining development in Finland with support from around the world, including Europe, Asia, and North America, the CGI's service delivery model operates on a 24\u002F7 basis. Accountability for service delivery is provided in proximity to the client in compliance with CGI's quality and management framework.\u003C\u002Fp>\r\n\u003Cp style=\"text-align: left;\"> “As part of the Toivo modernisation project, we renewed our agreement with CGI to build a digital foundation to overhaul our system for providing insurance against loss or damage. We are now also renewing a contractual package in which CGI will continue to handle a variety of initiatives, such as how to implement digital services in the most agile and cost-effective way possible,” explained Mikko Vastela, CIO, LocalTapiola.\u003C\u002Fp>\r\n\u003Cp style=\"text-align: left;\"> To this Leena-Mari Lähteenmaa, President, CGI - Finland, added, “Using agile methods to develop innovative digital services has proven to be effective. However, when an initiative contains hundreds of projects, it is understandable that certain controls must be placed on development work – controls that are not found within standard agile methods. That is why we have been working with LocalTapiola to create a brand-new hybrid development model and its associated contractual practices.”\u003C\u002Fp>\r\n\u003Cp style=\"text-align: left;\"> Sharing his views, Janne Kärkkäinen, Director - ICT Finance and Sourcing, LocalTapiola, stated, “A redesign of our operating models has made them more agile in many ways, and this is also linked to the development of our new hybrid model. CGI has demonstrated its ability to provide customer-oriented service and innovative value creation.”\u003C\u002Fp>\r\n\r\n\u003Cp style=\"text-align: left;\">For more information: \u003Cstrong>www.cgi.com\u003C\u002Fstrong>\u003C\u002Fp>","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FOctober2020\u002F8HqJe8FUTOzu6m0QHF4L.jpg","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fsocial\u002Fhorizontal\u002Fposts\u002FOctober2020\u002F8HqJe8FUTOzu6m0QHF4L.jpg","2020-10-19T00:21:18+05:30",0,"CGI wins a €49 million contract to lead digital modernization for Finnish insurance giant LocalTapiola.\nThe partnership introduces a new hybrid development model designed to balance agile innovation with strict cost controls.\nCGI will continue managing digital initiatives, including telemedicine services and core insurance system overhauls.","Strategic partnerships in the insurance sector are evolving. CGI has deepened its long-standing relationship with LocalTapiola through a significant €49 million agreement. This collaboration is set to redefine insurance IT operations by moving beyond standard agile methods into a bespoke 'hybrid development model.' By balancing innovation with rigorous productivity controls, CGI and LocalTapiola are setting a new standard for large-scale digital transformation projects. This shift highlights the importance of tailored delivery models when managing complex, enterprise-wide initiatives. As organizations prioritize both speed and cost-efficiency, this hybrid approach offers a compelling roadmap for the future of IT consulting and managed services. How is your organization balancing agility with oversight? #DigitalTransformation #InsuranceTech #CGI","CGI and LocalTapiola ink a €49 million deal to revolutionize insurance IT. They’re launching a new hybrid development model to blend agile innovation with strict productivity controls. The future of enterprise transformation is here. #FinTech #DigitalTransformation","Big moves in the insurance world! 🛡️ CGI just secured a €49 million contract to supercharge LocalTapiola’s digital transformation. They’re ditching standard agile for a brand-new 'hybrid development model' that promises to keep innovation fast while maintaining tight cost controls. 📈 It’s a masterclass in how to scale massive IT projects without losing the agility that makes digital services successful. Whether it's telemedicine or core system overhauls, these two are setting the pace for the industry. Huge win for the partnership! 🚀 #CGI #LocalTapiola #DigitalTransformation #InsuranceTech #TechNews #Innovation #BusinessStrategy",{"title":145,"description":147,"keywords":158},"cgi, localtapiola, digital transformation, it outsourcing, insurance technology, hybrid delivery model, agile development, business consulting, fintech, finland tech",{"title":160,"slug":161,"imageUrl":162},"KAPP NILES to Host KN EXPO 2020 for Innovative IIoT Solutions","kapp-niles-to-host-kn-expo-2020-for-innovative-iiot-solutions","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FOctober2020\u002FOuXWmqiknSUdCyF5zpvL.jpg",{"title":164,"slug":165,"imageUrl":166},"Softing Industrial Unveils the New Version of the 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