Tata Consultancy Services Expands Relationship Wit Options

[Critter]

via Biz.Yahoo.com
Thursday June 24, 9:02 am ET


NEW YORK, June 24 /PRNewswire/ -- Tata Consultancy Services (TCS), an implementer of global business strategies and information technology, announced that it is expanding its relationship with IBM to cross-sell each other's products and services.

Under this agreement, TCS will train its employees and create focused solutions using IBM hardware and middleware platforms. The two companies will market each other's products and services in key vertical markets such as banking, financial services, insurance, telecommunications, retail and manufacturing. This relationship will enhance TCS' delivery capabilities in several areas, including portals, security, and on-demand computing. IBM will gain opportunities to reach new markets and grow market share for its hardware and middleware technologies IBM and TCS will have dedicated relationship managers and sales, marketing and technical support for projects for which TCS proposes IBM's hardware and middleware platforms and IBM proposes TCS software products. TCS is part of IBM's ISV Advantage initiative which enables TCS to migrate its products and solutions to IBM platforms and both IBM and TCS will have the ability to position these industry solutions to their customers together.

"This expanded global agreement builds on two decades of collaboration with the world's largest information technology company and will reinforce our business transformation strategy that helps companies determine how they can perform most efficiently and effectively," said N. Chandrasekaran, executive vice president of TCS. "When two global leaders such as TCS and IBM combine forces, customers receive a powerful new base of human and technology resources that produces high quality results at lower cost and enables faster deployment."

IBM has recognized TCS with multiple awards in recent years, including the 2003 and 2004 "Asia Pacific Excellence Award-Influencer" for best contribution in Asia Pacific region to IBM's business solutions and the "Lotus Beacon 2003 Distinguished Achievement Award" for "SmartGov," a Web-based software system.

About Tata Consultancy Services (TCS)

Tata Consultancy Services (TCS) is a leading global IT services provider and was the first billion-dollar Indian IT services organization by annual revenues. Since its inception in 1968, TCS has pioneered many of the significant developments in the Indian IT services industry, including the offshore delivery model for IT services.

TCS is a global organization with offices in 32 countries and development centers in 10 countries. TCS offers a comprehensive range of IT services to its clients in diverse industries such as banking and financial services, insurance, manufacturing, telecommunications, retail and transportation. TCS' clients comprise of some of the world's largest and well-known organizations. TCS has developed extensive experience in providing end-to-end IT services, integrating multiple technologies and delivering solutions in multiple geographies for its global clients. It is the largest Indian IT services organization in terms of revenues as well as profits.

TCS is part of the Tata Group, which has a heritage of over 135 years as one of India's leading corporate groups. The Tata Group has interests in a diverse range of industries, and had combined sales of approximately Rs. 542 billion (US$11.8 billion) in fiscal 2003.

For more information on TCS, visit www.tcs.com




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Source: Tata Consultancy Services