AMSTERDAM | MUMBAI, May 25, 2017: Tata Consultancy Services (BSE: 532540, NSE: TCS), the leading IT services, consulting and business solutions organization, today announced that newly-formed Nexperia B.V., a global leader in discrete components in the semiconductor industry, has partnered with TCS to transform its applications and infrastructure services.
Nexperia, which recently spun off from NXP, selected TCS to enhance its digital core through its end-to-end enterprise application stack hosted on the TCS Cloud. The new solution is designed to improve the company’s agility, drive growth for future operations and optimize capital investments.
The semiconductor industry has grown rapidly in line with the digital economy and sits at the heart of many of the tools we take for granted in today’s business environment - from smart phones, tablets and laptops, to data centres and cloud based solutions. TCS’ deep knowledge of the $350 billion semiconductor industry, as well as its experience with sector processes, enterprise systems and data management, were critical factors in chosing TCS as its partner in this strategic business transformation plan.
V Rajanna, Vice President & Global Head, Technology Business Unit, TCS, commented, “TCS’ expertise in the Semiconductor industry coupled with its deep contextual knowledge of the parent company, positions us strongly to drive immense value for Nexperia. In an industry that is rapidly evolving to support the demands of the digital economy, TCS is able to bring to bear its deep domain expertise, formidable understanding of the digital landscape and a unique service-led delivery model. With Nexperia embarking on an ambitious growth plan, this collaboration is focused on supporting them on a journey that will ultimately put the customer experience front and centre.”
TCS developed an innovative service delivery model to meet Nexperia’s unique needs and to ensure that all stakeholders are fully engaged throughout the process through one point of accountability. As part of the strategic engagement, TCS will also deliver in-memory analytics through the TCS cloud enabling Nexperia to gain deeper business insights and support the company as it pursues a new era of growth.
Sabyasachi Bose, Chief Information Officer, Nexperia, added, “Being a strong leader in the world of discrete components, it becomes pertinent for us to consistently deliver reliable and innovative products to our customers. With TCS we have found the right level of expertise, experience and scale to lead us into this rapidly evolving digital world, helping us deploy new capabilities at a faster pace with minimal investments. Moreover, TCS provides single point of accountability, offers scalability and flexibility to quickly adapt to changing business needs. We are confident that this partnership is the right step in our journey towards growth enabled by digital transformation.”
Nexperia, the former Standard Products division of NXP, is a dedicated global leader in Discretes, Logic and MOSFETs devices. The company became independent at the beginning of 2017. Focused on efficiency, Nexperia produces consistently reliable semiconductor components at high volume: 85 billion annually. Our extensive portfolio meets the stringent standards set by the Automotive industry. Industry-leading, miniature packages, produced in our own manufacturing facilities, combine power and thermal efficiency with best-in-class quality levels.
With over 50 years history supplying to the world’s biggest companies, Nexperia has 11,000 employees across Asia, Europe and the U.S., offering global support. The company has an extensive IP portfolio and is certified to ISO9001, ISO/TS16949, ISO14001, and OHSAS18001.
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 387,000 of the world’s best-trained consultants in 45 countries. The company generated consolidated revenues of U.S. $17.6 billion for year ended March 31, 2017 and is listed on the BSE Limited and National Stock Exchange of India Limited. For more information, visit us at www.tcs.com.
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