TCS Signs 7-year deal to transform Global IT Infrastructure for Ramboll

TCS will implement end-to-end transformation and modernization resulting in growth in business and reduction of carbon footprint for Ramboll

PRESS RELEASE

COPENHAGEN | MUMBAI, March 21, 2024: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) has signed a multimillion-dollar strategic partnership to carry out the end-to-end IT transformation of Ramboll, a global architecture, engineering, and consultancy company headquartered in Denmark. Over the next seven years, TCS will modernize and streamline Ramboll’s IT operating model to drive business growth and optimize the IT cost base.

TCS will also deliver services to manage Ramboll’s cloud and data centers, application development and maintenance, Cyber Security and Digital Workplace. This will set a digital foundation for Ramboll’s business growth, help to reduce its climate footprint, and increase scalability.

Thomas Angelius, Senior Group Director, Chief Information Officer, Ramboll, said, “Our company has experienced remarkable growth, and we are determined to see this success forward. To continue our upward trajectory, we recognized the need for a trustworthy partner who can help us build a standardized, scalable IT platform that allows for innovation, and is agile enough to foster creativity. We are thrilled to have chosen TCS, a proven expert in large-scale complex digital transformations, for this global project. With TCS as our partner, we are confident in our ability to future-proof the business and continue to deliver the excellent services our customers expect.”

Operating across 35 countries and with a revenue of more than DKK 17 billion, Ramboll offers sustainable solutions to enterprises. Rapid growth in the past few years, including numerous mergers and acquisitions has resulted in a complex IT architecture and operations structure with unsustainable costs and little room for large-scale transformations. TCS will help reduce costs and realize economies of scale within Ramboll’s IT estate. This will be achieved by streamlining and consolidating the IT architecture and operations structure. The result will be an agile IT platform that is resilient and can support future transformation. Ramboll will also get access to the rich contextual knowledge in TCS, innovations and technologies to further strengthen its IT processes. As a part of this strategic partnership, TCS will also induct more than 300 Ramboll IT employees in 12 countries.

V Rajanna, President, Technology, Software and Services, TCS, said, "We are pleased to be selected as Ramboll's strategic technology partner to transform its IT operating model. The partnership shall help Ramboll with a scalable, future-ready IT platform driving business agility. TCS will leverage the power of data, cloud, and analytics to help Ramboll drive intelligent business transformation and enterprise-wide growth."

TCS has been present in Denmark for over 30 years, driving growth and transformation for its clients. TCS has been named a Top Employer in Denmark since 2014 by the Top Employers Institute and is ranked #1 in Customer Satisfaction in the Nordics for 14 consecutive years in an independent survey.

Vikram Sharma, Country Head, Denmark, TCS, said, “TCS is proud to have been trusted by Ramboll as their first-ever outsourcing partner for this multi-year and multi-phase global project. We look forward to working with Ramboll and building a flexible, agile, scalable, and secure IT and operational foundation to help take the business to the next level. This partnership marks the beginning of an exciting period of collaboration.

ABOUT RAMBOLL

Ramboll is a global architecture, engineering, and consultancy company, delivering expertise and sustainable solutions to clients and partners. Founded in Denmark in 1945, Ramboll today operates across 35 countries. The company combines deep local insight and experience with a global knowledge base to create sustainable societies and drive positive change for our clients. More than 18,000 experts are at the heart of Ramboll’s operations, helping drive sustainable impact. They deliver standalone and multidisciplinary solutions across Buildings, Transport, Energy, Environment & Health, Water, Management Consulting and Architecture & Landscape. For more information, visit www.ramboll.com/

ABOUT TATA CONSULTANCY SERVICES (TCS)

Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 55 years. Its consulting-led, cognitive powered, portfolio of business, technology and engineering services and solutions is delivered through its unique Location Independent Agile™ delivery model, recognized as a benchmark of excellence in software development.

A part of the Tata group, India's largest multinational business group, TCS has over 615,000 of the world’s best-trained consultants in 55 countries. The company generated consolidated revenues of US $27.9 billion in the fiscal year ended March 31, 2023, and is listed on the BSE and the NSE in India. TCS' proactive stance on climate change and award-winning work with communities across the world have earned it a place in leading sustainability indices such as the MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit www.tcs.com

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