Elisa Smart Factory and TCS Partner to Deliver Advanced Analytics Solutions to the Manufacturing Sector

PRESS RELEASE

 

Elisa Smart Factory and TCS Partner to Deliver Advanced Analytics Solutions to the Manufacturing Sector

Tata Consultancy Services will Leverage Elisa Smart Factory Solutions to Help Manufacturers Make Smarter Decisions, Improve Quality and Enhance Productivity

HELSINKI | MUMBAI, December 12, 2019: Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading global IT services, consulting and business solutions organization, has announced a new partnership with Elisa Smart Factory, part of the Finnish telecommunications company Elisa, to market and deploy the latter’s industrial IoT (IIoT) and advanced analytics solutions to a wide range of manufacturers across the world.

TCS works with some of the leading manufacturers globally, helping them scale up product innovation and pursue their growth and transformation initiatives. It offers a comprehensive suite of services and solutions to help manufacturers build future-ready operations. The partnership with Elisa Smart Factory adds an expanded range of IIoT and smart factory solutions to this portfolio. TCS will customize, deploy and maintain these solutions for its customers, leveraging its deep contextual knowledge of their operations. These bespoke solutions will enable smarter decision-making across the supply chain, optimize product and operating costs, improve quality, and increase uptime, productivity and throughput.

Elisa Smart Factory solutions represent a tremendous opportunity for industry manufacturers, especially for companies in the process and discrete manufacturing,” said Kari Terho, General Manager, Elisa Smart Factory. “With its global presence, wide-ranging industry experience and consultative approach, TCS is the ideal partner for us as we look to build and scale our IIoT offering. By partnering with TCS, manufacturers will be able to enjoy benefits like increased quality, yield and machine uptime that are enabled by real-time monitoring, 3D visualization and advanced analytics.”

TCS’ IoT business framework Bringing Life to ThingsTM and smart manufacturing capabilities along with Elisa Smart Factory solutions will enable industrial customers to transform their manufacturing operations and improve operational excellence and flexibility,” said Regu Ayyaswamy, Global Head, IoT & Engineering Services, TCS. “Our commitment and investment in smart manufacturing initiatives will enable customers to transform themselves by leveraging the best solutions across the world.”

TCS has been partnering with leading Fortune 1000 corporations in their business transformation initiatives, leveraging its deep contextual knowledge of their businesses, and expertise in IoT, AI and digital-twin technologies to build custom-tailored solutions that provide competitive differentiation and create value. It offers a comprehensive portfolio of IoT-related intellectual property, industry-specific solutions and professional services spanning strategic planning, systems design, implementation, technical and business integration services, and post-deployment support and maintenance. The company has been ranked among the Top 3 global IoT service providers in 2019 by an independent research firm, and as a Leader in the NelsonHall NEAT for IoT in Business Transformation.

About Tata Consultancy Services Ltd (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 the last fifty years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. This 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 450,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $20.9 billion in the fiscal year ended March 31, 2019, and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) 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 Dow Jones Sustainability Index (DJSI), MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit us at www.tcs.com.

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About Elisa Smart Factory

Elisa Smart Factory is a leading provider of artificial intelligence and Industrial IoT solutions for industry manufacturers. We connect to any data source, harness streams of data, and combine data analytics and machine learning to create outcomes like increased uptime, production quality and yield.  Being part of Elisa corporation, we have decades of experience in managing vast, highly automated network infrastructures as well as predicting and preventing disruptive incidents. Our aim is to use this expertise and become the leading provider of factory digitalization solutions in Europe and beyond. https://www.elisasmartfactory.com/

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