TCS Wins Multi-Year Deal with Chrysler LLC
Mumbai, India – February 20, 2008 — Tata Consultancy Services (TCS), (BSE: TCS.BO, NSE: TCS.NS), a leading global IT services and business solutions firm, today announced that it has signed a multi-year contract with Chrysler LLC to provide a comprehensive portfolio of IT services.
Leveraging TCS’ Global Network Delivery Model™, TCS will deliver application maintenance and support services to Chrysler. The IT services initiative will encompass a portion of the functional areas within Chrysler, such as Sales and Marketing and Shared Services.
“This growing trusted partnership is a testament to TCS’ competencies and capabilities which continue to help the customer in its business transformation by providing innovative IT services scalable to their needs,” said N. Chandrasekaran, executive director and chief operating officer of Tata Consultancy Services. “The expertise and in-depth knowledge of the automotive industry and Chrysler’s business, coupled with our ability to deliver certainty of results will provide sustained value to Chrysler.”
The automotive industry is one of the focus markets for the TCS Manufacturing vertical which accounted for 15.1% of TCS’ FY 2007 $4.3 billion global revenues. TCS provides services to many of the automotive OEMs and tier one companies in North America, Europe and Japan. These services are provided across the entire automotive value stream including product development, manufacturing, supply chain and customer experience areas.
TCS’ Global Network Delivery Model is a collaborative, best-in-class framework of people, processes and infrastructure. The model taps on TCS’ global intellectual assets of tools, methodologies and products to help customers reduce implementation time, realize benefits quicker and achieve business goals.
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About Tata Consultancy Services (TCS)
Tata Consultancy Services is an IT services and business solutions 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 108,000 of the world's best trained IT consultants in 47 countries. The company generated consolidated revenues of US $4.3 billion for fiscal year ended 31 March, 2007 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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