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PRESS RELEASE
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Mumbai, India, March 10, 2009: Tata Consultancy Services (TCS) (BSE: TCS.BO, NSE: TCS.NS), a leading IT services, business solutions and outsourcing firm today announced a multi-year contract with Infineon Technologies AG (IFX), one of the leading semiconductor manufacturers, to operate and maintain solutions within the Infineon’s Supply Chain Management (SCM) landscape.
TCS brings long-standing domain and SCM expertise to help Infineon optimize operations in the area of SCM Planning within a risk-free environment and achieve improvements in the area of supply chain efficiency. The Infineon SCM Planning operations will be operated out of Munich, Germany and Bangalore, India.
Infineon CVP IT & CIO, Michael Schmelmer outlined the reasons for selecting TCS as the service partner: “By focusing on cost effectiveness and customer satisfaction, TCS brings to the table a very compelling delivery model which meets Infineon objectives and provides an excellent opportunity for being a long term strategic partner for IFX”.
Carol Wilson, VP and Global Head, HiTech Industry Solutions Unit, TCS said: “Our HiTech Industry Solution Unit offers enhanced domain expertise and greater customer centricity to clients from the High Tech industry globally. TCS is strongly building on its footprint in Germany, and we are convinced that we will be able to help Infineon optimize their operations and achieve their corporate objectives.”
About Tata Consultancy Services (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 285,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $11.6 billion for year ended March 31, 2013 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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