Randstad Expands its Strategic Partnership with TCS to Modernize its Digital Core

Tata Consultancy Services to Help the Global HR Services Company Support More People and Organizations in Realizing their True Potential

PRESS RELEASE

AMSTERDAM | MUMBAI, November 17, 2022: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) announced that it has expanded its partnership with Randstad, a world leading HR services company, to modernize the latter’s application estate on the cloud, strengthen the security posture and accelerate its growth and transformation journey.

Randstad selected TCS as the strategic transformation partner in 2016 to implement its strategy of using digital technologies with a human approach, to source the right talent for the right roles. During the first phase of its digital transformation, TCS drove one of the largest public cloud migration projects then – moving over 925 IT applications from over 50 legacy data centers across the world to a public cloud.

In the current phase of Randstad’s transformation journey, TCS will leverage its contextual knowledge, deep domain expertise, vast partner ecosystem and AWS capabilities to accelerate Randstad’s cloud rationalization and application modernization. This will be achieved with a mix of Software as a Service and more cloud native applications leveraging Platform as a Service.

TCS will also improve the security posture of Randstad by onboarding and rolling out global security services and scaling the global DevSecOps platform. By modernizing Randstad’s digital core on AWS, TCS will help unify and scale up many services, such as information security, network, service control, service management, business application management, and business application hosting. All this is expected to result in a new secure, client-centric cloud operating model that enables higher quality service delivery to local members of the Randstad Group.

Martin de Weerdt, Global Chief Information Officer, Randstad, commented: “We look forward to continuing our long-term relationship with TCS, which to date has delivered strong results including a successful cloud infrastructure project. This new agreement to modernize our technology landscape will enable us to deliver cloud modernization, with higher operational efficiency gains and improved security resilience with proactive prevention, faster detection and response.”

Krishna Mohan, Global Head, AWS Business Unit, TCS, said: “We are pleased to partner with Randstad to accelerate their digital transformation journey, building on our previous success in managing their public cloud migration. With our deep domain knowledge of the professional services industry and expertise on the AWS platform, we will help Randstad achieve their cloud-first modernization vision, enhance customer experience, improve business resilience, and drive long-term growth, and profitability.”

TCS AWS Business Unit is a full-stack, multidisciplinary group that offers enterprise customers end-to-end services and solutions around cloud migration, application and data modernization, managed services, and industry-specific innovation leveraging AWS. TCS’ large pool of AWS cloud-ready professionals leverage their domain knowledge and AWS technology building blocks to create transformational solutions contextualized to specific industry sub-verticals.

TCS’ Software & Services unit enables software and professional services organizations to achieve sustainable, ecosystem-led and purpose-driven growth. The company’s offerings around software product engineering, cognitive computing with embedded AI/ML, data & analytics, automation, cloud, blockchain and cyber security as well as innovative industry domain solutions enable customers to achieve their transformational goals.

About Randstad

Randstad is the world's largest HR services provider and is driven to become the world's most valued 'working life partner', supporting as many people as possible in realizing their true potential throughout their working life. We provide companies with the high quality, diverse, and agile workforces they need while helping people get rewarding jobs and stay relevant in the ever-changing world of work. In 2021, we helped more than two million people find a job that is right for them, advised 235,000 clients on their HR needs, from talent acquisition to total workforce management, and delivered training to over 450,000 people. We use data and technology to provide the right advice at the right moment at scale, while our consultants across almost 5,000 locations in 38 markets give talent and clients personal, dedicated human attention. It is this combination of Tech and Touch that makes our offer unique. Randstad was founded in 1960 and is headquartered in Diemen, the Netherlands. In 2021, Randstad had on average 39,530 corporate employees and generated revenue of € 24.6 billion. Randstad N.V. is listed on the Euronext Amsterdam. For more information, see www.randstad.com

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 50 years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. This 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 616,000 of the world’s best-trained consultants in 55 countries. The company generated consolidated revenues of US $25.7 billion in the fiscal year ended March 31, 2022, and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) 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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Randstad Expands its Strategic Partnership with TCS to Modernize its Digital Core

PRESS RELEASE

About Randstad

About Tata Consultancy Services (TCS)

TCS media contacts

Corporate Communications & India

Asia Pacific

Canada

Latin America

Australia and New Zealand

Europe

Japan

Middle East & Africa

UK

USA

Adaptability starts here

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Where adaptability meets advantage

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Discover why customers choose TCS

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PRESS RELEASE

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About Tata Consultancy Services (TCS)

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Corporate Communications & India

Asia Pacific

Canada

Latin America

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Middle East & Africa

UK

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