Tata Consultancy Services Awarded 2009 SAP® Pinnacle Award
Global Partner Awards Recognize SAP Partners that Made Exemplary Contributions to SAP’s Ecosystem
Mumbai, India, May 18, 2009: Tata Consultancy Services (TCS), (BSE: TCS.BO, NSE: TCS.NS), a leading global IT services and consulting firm, today announced that they have been awarded a 2009 SAP® Pinnacle Award in the area of Collaborative Revenue Growth. SAP Pinnacle Awards were granted to leading SAP partners that have excelled in enhancing the customer experience, addressing critical issues such as accelerating co-innovation and improving return on investment. Winners were selected based on over 300 nominations, twice the amount in 2008, received from partners and SAP employees. TCS received the award at a special awards ceremony held on the eve of SAPPHIRE® 2009, SAP’s international customer conference being held in Orlando, Fla. May 11 –14, 2009.
“TCS is a global services partner for SAP and the strategic relationship with SAP helps TCS deliver enhanced business value to its customers globally. TCS has invested significantly to help deliver SAP solutions to customers through innovative business models. The Pinnacle Award from SAP is a testament reflecting our focus on innovation and continued accelerated growth as a global partner,” said Raman Venkatraman, Global Relationship Director, TCS.
TCS became the first global services partner for SAP from Asia in 2006 and retains more than 6,400 SAP consultants spread globally. TCS is the first SAP partner from India to win an SAP Pinnacle Award for three consecutive years. TCS has also grown its collaborative revenues with SAP at an annual growth rate of more than 80% (compounded annually) over the last three years.
“SAP is committed to fostering an ecosystem that is driven by co-innovation and which uniquely provides solutions and services that help customers meet their most pressing challenges,” said Zia Yusuf, executive vice president, Global Ecosystem and Partner Group, SAP. “SAP Pinnacle Awards recognize those partners that have consistently demonstrated excellence in delivering value-focused and cost-effective solutions and services which help customers address their industry and business process needs. We thank TCS for their dedication and passion to teaming with SAP to help extend the value of a customer-focused ecosystem.”
About Tata Consultancy Services (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 143,000 of the world's best trained IT consultants in 42 countries. The company generated consolidated revenues of US $6 billion for fiscal year ended 31 March 2009 and is listed on the National Stock Exchange and Bombay Stock Exchange in India.
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