Mumbai, September 29, 2010: Tata Consultancy Services (TCS), (BSE: TCS.BO, NSE: TCS.NS), a leading IT services, consulting, business solutions and outsourcing firm, today announced that AGL Energy Ltd (AGL), Australia’s leading renewable energy company, has signed a five-year Infrastructure Management Services contract, worth more than $50 Million AUD, with TCS.
Prior to this contract, TCS has been executing a number of leading edge programs covering advanced metering, gas trading, pricing engine and multiple SAP projects. Over the past three years, the TCS-AGL relationship has evolved into a “Full Services Play” covering consulting, implementation, assurance, outsourcing and support. Today, over 650 TCS consultants deliver these engagements for AGL. Most of these projects are either second generation outsourcing or new projects.
Owen Coppage, Chief Information Officer and Group General Manager Customer Operations at AGL commented on the partnership, “TCS’ focus on the relationship, rather than the contract, has resulted in higher levels of service each time we moved a new area to TCS. We expect the new deal to similarly enhance our experience, further strengthening our strategic relationship.”
Varun Kapur, General Manager, TCS Australia and New Zealand added, “Technology provides AGL with a strong competitive advantage. We are confident that AGL will continue to experience the certainty of delivery with TCS and our strategic partner, BMC. Energy & Utilities is a big focus area for TCS, and we are proud to have AGL as one of our leading clients.”
Chip Salyards, Vice President, Asia Pacific, BMC commented, “TCS has been gaining significant traction in the Australian and New Zealand market. Hence, we partnered with TCS to move AGL from a silo-based support structure to BMC’s value-based approach with our Business Service Management offerings. Given the delivery capability of TCS and solution capabilities of BMC, we look forward to several other clients benefitting from this strategic partnership.”
AGL is Australia’s largest integrated renewable energy company and is taking action toward creating a sustainable energy future for our investors, communities and customers. Drawing on over 170 years of experience, AGL operates retail and merchant energy businesses, power generation assets and an upstream gas portfolio. AGL has Australia’s largest retail energy and dual fuel customer base. AGL has a diverse power generation portfolio including base, peaking and intermediate generation plants, spread across traditional thermal generation as well as renewable sources including hydro, wind, landfill gas and biomass. AGL is Australia’s largest private owner and operator of renewable energy assets and is looking to further expand this position by exploring a suite of low emission and renewable energy generation development opportunities. For further information, please refer to www.agl.com.au.
About Tata Consultancy Services Ltd (TCS)
Tata Consultancy Services is an IT services, business solutions and outsourcing organization that delivers real results to global businesses, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT and IT-enabled services delivered through its unique Global Network Delivery Model, recognized as the benchmark of excellence in software development. A part of the Tata group, India’s largest industrial conglomerate, TCS has over 160,000 of the world’s best-trained IT consultants in 42 countries. The company generated consolidated revenues of over US $6.3 billion for fiscal year ended March 31, 2010 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com.
Business thrives when IT runs smarter, faster and stronger. That’s why the most demanding IT organizations in the world rely on BMC Software across distributed, mainframe, virtual and cloud environments. Recognized as the leader in Business Service Management, BMC offers a comprehensive approach and unified platform that helps IT organizations cut cost, reduce risk and drive business profit. For the four fiscal quarters ended June 30, 2010, BMC revenue was approximately $1.92 billion. For further information, please visit www.bmc.com.
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