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PRESS RELEASE
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Paris | Brussels | Mumbai, March 25, 2014: Tata Consultancy Services (BSE: 532540, NSE: TCS), a leading IT services, consulting and business solutions firm announced, that it has won a multi-million, multi-year deal from GDF Suez, a globalleader in the energy sector. This is the first landmark deal won by its new integrated entity which emerged through its acquisition of Alti S.A in July 2013. The engagement will pan across France, Belgium, and the Netherlands to rationalize and standardize CRM and billing applications.
Kumar Narayanan, Director & Country Head, TCS France said, “We are privileged to partner with GDF Suez to help them meet their strategic objectives in Europe and globally. This is a first landmark deal, which reinforces the tremendous synergies between TCS’ global capabilities and the local talent base as well as knowledge we have secured through our acquisition of Alti S.A. The integrated capabilities allow us to provide a more comprehensive set of services and solutions to help our clients in Europe make their businesses more competitive.”
TCS recently unveiled its plans to further activate the capabilities and the talent pool it had acquired, by setting up a new TCS SAP Innovation Center. The center will seek to develop cutting edge enterprise solutions for multiple industries, in co-innovation with TCS’ customers. It will be located in the Île-de-France region and is expected to be operational later in 2014.
TCS has been operating in France since 1992 and has over 50 clients in the country, including several of the CAC 40. Over the last five years, TCS has significantly strengthened its position in the country through local hiring and investments. In recognition of these initiatives, the company had been conferred the special award for Investment and Innovation by the Greater Paris Investment Agency in 2012. The recent acquisition of Alti has propelled TCS into the list of the top IT services firms in the country and was also recognized with the “Deal maker of the year 2013” award by Finance Monthly.
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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