Kuala Lumpur, September 13, 2011: Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), a leading IT services, consulting and business solutions firm, and Felda Prodata Systems Sdn Bhd (PRODATA) today announced the signing of a collaboration agreement to jointly develop and deliver strategic Information Technology (IT) services and solutions to the Malaysian market. Both organizations will jointly identify opportunities as part of their “go-to-market” efforts to provide IT services and participate in tenders from government agencies.
Witnessing this milestone agreement was the Prime Minister of Malaysia Dato Sri’ Mohd Najib Tun Abdul Razak whose vision of taking Felda companies to the global market is in sync with this agreement.
The collaboration is the first between the two organizations to pool their expertise. This is expected to positively affect the IT industry both in the Malaysian and regional markets. Under this agreement, both organizations will jointly take forward their key IT initiatives in a timely, efficient and effective manner to service customers. They will also jointly develop and market IT solutions and services to local companies, Malaysian government-linked companies (GLCs) and global companies within Malaysia.
“The full potential of this relationship is to combine the global experiences of Tata Consultancy Services with the in-country knowledge and capabilities of PRODATA for the benefit of Malaysian customers,” said Vish Iyer, President, TCS Asia Pacific. “We believe the two organizations have complementary capabilities and we are very excited at the power of combining these to create a full-service portfolio leveraging a larger pool of local talent.”
Fauzi Ghani, CEO of PRODATA, added, “This collaboration marks an exciting chapter for PRODATA. It injects TCS’ global experience and strength into our service portfolios and capabilities in offering differentiated IT solutions and services to our customers. This ‘glocal’ relationship creates strong synergies in both business and talent development. It will help to accelerate PRODATA’s vision to become the national IT company in Malaysia.”
TCS and PRODATA will share their technology expertise in areas including but not limited to open source solutions, SAP-ERP application, application development and maintenance, shared services / business process outsourcing (BPO), infrastructure services and business intelligence & performance management (BIPM).
The collaboration between TCS and PRODATA is to serve as a conduit of technical expertise and IT skill development into the companies’ respective workforces in Malaysia, thereby building a center of excellence leveraging on global experience and local market requirements.
About Felda Prodata Systems Sdn Bhd (PRODATA)
PRODATA is the IT arm of FELDA Group of companies, one of Malaysia’s largest, and most diversified agro-based enterprise. It was established in 1986 to provide a complete and integrated ICT solution to the Group. Since 1991, PRODATA has expanded its services to government agencies, corporate and services sectors. PRODATA now offers full range of services including software development & system integration, hardware leasing & outsourcing, infrastructure solutions, multimedia, ICT training and industrial automation to its customers. PRODATA has a presence nationwide with 16 support offices and three main branches. For more information, visit us at http://www.feldaprodata.com.my.
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 202,000 of the world’s best-trained consultants in 42 countries. The company generated consolidated revenues of US $8.2 billion for year ended March 31, 2011 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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