Newcrest collaborates with Tata Consultancy Services to create Innovation and Digital Operations Centre

MELBOURNE | MUMBAI, October 30, 2018: Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading global IT services, consulting and business solutions organization, has signed a collaboration agreement with Newcrest Mining, one of the world’s largest gold mining companies, to create an Innovation and Digital Operations Centre in India.

Newcrest will work with TCS’ experts in engineering, research and development, data analytics and IoT, industrial process control and asset management to explore opportunities to innovate and transform various core business areas such as ore processing, predictive targeting, production optimization, and safer operations. The partnership will also harness the innovation capability of TCS’ global Co-Innovation Network (COIN™).

“At Newcrest, we are committed to being leaders in technology and innovation. We are always seeking out new ways to improve our operations,” said Sandeep Biswas, Managing Director and Chief Executive Officer, Newcrest Mining. “We want to enhance and accelerate the way we use automation and artificial intelligence across our business to improve our returns to shareholders. I welcome our new partnership with TCS. It presents an exciting opportunity to leverage TCS’ and Newcrest’s strong track record of innovation. TCS will help us to fast track our transformation towards our 2020 aspirations.”

“We are excited to embark upon this innovation and transformation journey with Newcrest, strongly backed by our Business 4.0 framework,” said Debashis Ghosh, President - Energy & Resources, TCS. “Our location independent agile method provides the foundation for the strategic collaboration with Newcrest, for the design and adoption of innovative digital mining solutions to enable Newcrest’s aspirations.”

About Newcrest Mining Limited

Head quartered in Melbourne, Australia, Newcrest is the largest gold producer listed on the Australian Securities Exchange and one of the world's largest gold mining companies.

Newcrest’s mission is to safely deliver superior returns from finding, developing and operating gold/copper mines. It’s vision is to be the Miner of Choice™. Newcrest will lead the way in safe, responsible, efficient and profitable mining.

Newcrest owns and operates a portfolio of predominantly low cost, long life mines operating located in Australia, Papua New Guinea (PNG) and Indonesia, a strong pipeline of brownfield and greenfield exploration projects.

ABOUT TATA CONSULTANCY SERVICES (TCS)

Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 55 years. Its consulting-led, cognitive powered, portfolio of business, technology and engineering services and solutions is delivered through its unique Location Independent Agile™ delivery model, recognized as a benchmark of excellence in software development.

A part of the Tata group, India's largest multinational business group, TCS has over 615,000 of the world’s best-trained consultants in 55 countries. The company generated consolidated revenues of US $27.9 billion in the fiscal year ended March 31, 2023, and is listed on the BSE and the NSE in India. TCS' proactive stance on climate change and award-winning work with communities across the world have earned it a place in leading sustainability indices such as the MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit www.tcs.com

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