TCS Announces Strategic Global Alliance with K2
MUMBAI, June 23, 2015: Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading global IT services, consulting and business solutions organization, today announced a partnership agreement with K2, the industry leader in business application platforms and solutions, to collaborate and co-market comprehensive, integrated and process-driven solutions to customers globally. The alliance enables customers to leverage existing investments with a reduced time to market for enterprise-class business applications and business process management software.
The partnership will also allow development of innovative BPM centric applications to increase developer and business user productivity. This relationship will benefit customers by leveraging a Global K2 Center of Excellence (CoE). The TCS CoE will focus on competency training and certification, in addition to building accelerators, solution frameworks and reusable components for customers to leverage new and existing assets, enabling faster delivery.
"As BPM is on an accelerated path to become the backbone of digital transformation, K2 is sharply focusing on adapting to cloud, agile development and the core BPM capability,” said Santha Subramoni, Head of BPM Services at TCS’ Enterprise Solutions business unit. “TCS and K2 will provide a unique value proposition to our customers considering our competence in Microsoft platforms, industry specific offerings and global networked delivery model.”
"At K2, we focus on building world-class software to help organizations transform the way they get business done by connecting the right people with the right information so they can make faster and more informed decisions from anywhere, across any device,” said Denise Parker, Vice President of Strategic Global Channels at K2. “We are pleased to accelerate our partnership with TCS to help lead digital transformation across some of the worlds leading companies.”
TCS’ global partnership with K2 will provide new opportunities—including a wide ranging set of capabilities in business process management technologies to offer process-led digital transformation, rapid application development, and customer experience excellence for the enterprise. Creating innovative customer and decision centric applications will also increase business management agility and aid with digital transformation.
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 319,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $15.5 billion for year ended March 31, 2015 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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