Network Rail UK Selects TCS as Strategic Partner to Drive Transformation through IT
- Four-year framework agreement planned with Network Rail to drive innovation, collaboration and continuous improvement
- Part of Network Rail’s vision to drive safety, reliability and efficiency of Britain’s rail network
London | Mumbai, June 5, 2013: Tata Consultancy Services (BSE: 532540, NSE: TCS), the leading IT services, consulting and business solutions organization, today, announced that it has been selected by Network Rail Infrastructure Limited as part of its strategic Information Technology (IT) transformation journey. The IT Solutions and System Integration Framework agreement encompasses identifying, defining, designing, building and integration of the next generation IT solutions for Network Rail.
Through this transformational initiative, Network Rail is implementing a structured multi-sourcing model to invest in a customer-centric IT strategy over four years to deliver greater efficiency, effectiveness and innovation across the organization. TCS will be a key enabler in helping Network Rail to achieve its objective of generating an outstanding value for taxpayers and users by continually improving the railway.
Shankar Narayanan, Country Head, UK & Ireland, said, “We are delighted to have been selected by Network Rail in this strategic program. This is a validation of our deep domain expertise and investments in the transportation and rail industry. We are committed to usher in the changing technology paradigms and thereby deliver sustained value to Network Rail as a reliable partner.”
Philip Carnelley, Principal Analyst, PAC UK, said, “The UK transport sector is set to undergo a significant transformation in the coming years as organizations come under pressure to deliver more efficient and reliable services to customers while improving cost-effectiveness, for example through online channels to customers. Information technology will be crucial in driving this change so it is no surprise to hear that Network Rail is planning a long-term, innovation-led IT strategy. TCS has built domain expertise and strong track record in the transportation and rail industry and this deal demonstrates its growing ability to win large deals in the sector.”
TCS’ Travel, Transport & Hospitality team comprises over 5000 consultants and works with more than 50 customers worldwide including some of the global top 10 industry leaders in rail, airlines, hospitality, shipping and logistics.
About Network Rail
Network Rail is the owner (not for dividend) and operator of Britain’s railway infrastructure, which includes the tracks, signals, tunnels, bridges, viaducts, level crossings and stations - the largest of which they also manage. They run, operate, maintain and invest in Britain’s rail network, which includes
- 20,000 miles of track (and infrastructure)
- 40,000 bridges and tunnels
- 17 major stations – where more than half of all passenger journeys start or finish
- 2,500 other stations - leased to train operators
- 8,200 commercial properties
Network Rail’s aim is to provide a safe, reliable and efficient rail infrastructure for freight and passenger trains to use. It uses advanced monitoring systems, such as scanners, lasers and video cameras to collect information on the condition of tracks, overhead power lines and signals. In addition, its commercial property division works for the development, sale and leasing of offices and residential, retail and commercial properties.
About Tata Consultancy Services Ltd. (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPS, infrastructure, engineering and assurance services. This is 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 290,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $11.6 billion for year ended March 31, 2013 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com.
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