TCS and SUPERVALU Announce a Strategic Partnership for Full Services
A multi-year deal to drive significant operational efficiencies; A full services deal leveraging IT, infrastructure services and BPO
Bangalore, September 15, 2010: Tata Consultancy Services (TCS) (BSE: TCS.BO, NSE: TCS.NS), the leading IT services, business solutions and outsourcing firm, today announced that the company had entered into a significant multi-year agreement with SUPERVALU INC. for a full services engagement.
SUPERVALU is one of the largest grocery retailers in North America. The engagement with TCS is transformational in nature and will drive operational efficiencies for the firm through the integration of IT, BPO and infrastructure services. As a part of this engagement, more than 600 SUPERVALU India associates will become a part of TCS.
“For SUPERVALU, this move will allow us to improve operations, freeing up funds to invest more aggressively in our customers. It will also allow us to move more quickly toward business solutions,” said Wayne Shurts, SUPERVALU’s chief information officer. “We have many talented associates in SUPERVALU India, and an added benefit of the deal is that they will continue to play a key role in the future success of the company.”
“The engagement with SUPERVALU reinforces our leadership as the long-term IT partner best equipped to help global corporations transform their businesses using our full services capabilities and domain knowledge. We are delighted to work with SUPERVALU and help them strengthen their leadership position in the market place,” said N Chandrasekaran, TCS’ CEO and MD.
The retail industry unit contributed 12.3% of the firm’s total revenues in 2009-10. The industry unit works with leading retailers globally.
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 300,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $13.4 billion for year ended March 31, 2014 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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