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PRESS RELEASE
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Mumbai, May 14, 2012: Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), a leading IT services, consulting and business solutions organization, announced that it has received Partner Impact Awards from SAP (NYSE: SAP) for superior SAP HANA sales performance and SAP practice expansion. The awards were presented during the SAP® Asia Pacific Japan (APJ) Kick-Off Meeting (FKOM) 2012, held recently in Singapore to the top-performing SAP channel partners and SAP services partners in the APJ region for outstanding contributions that affect overall SAP sales and pipeline-generation goals.
As the recipient of the SAP HANA Impact Award, TCS was honored for its sales performance in revenue. The Commitment to Quality Impact Award, for SAP practice expansion, was awarded to TCS on the basis of the number of consultants ramped up, trained and certified for the SAP environment in 2011.
A steering committee comprising regional and global SAP representatives determined winning partners in each category according to numerous criteria such as sales achievement and performance. TCS received the award during the SAP APJ FKOM 2012, an annual gathering of SAP executives, SAP field employees and partners to learn about SAP’s strategy, sales methodology, best practices, business growth opportunities and product innovations. The theme of this year’s meeting, “Run Better Win Bigger,” prominently featured SAP’s innovation story focusing on its core pillars – analytics, cloud, mobility and in-memory computing – as well as solutions for industries and lines of business on a consistent core.
“Our partners’ regional, industry and solution expertise play a crucial role in driving game-changing co-innovation and expanding our market reach and customer touch points,” said Bronwyn Hastings, Senior Vice President, Ecosystem & Channels, SAP APJ. “As a recipient of two 2012 SAP Partner Impact awards, we recognize TCS’ commitment and efforts in developing and growing its partnership with SAP and driving customer success.”
“We are pleased to see these results from our major investments in business transformation capabilities as well as the solutions we build around SAP HANA, mobility and analytics applications,” said Raman Venkatraman, Global Head, SAP Practice, TCS. “In conjunction with SAP, TCS is well positioned to provide joint customers with integrated, synchronized, and connected enterprise solutions that meet current business and IT demands.”
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Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
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 238,583 of the world’s best-trained consultants in 42 countries. The company generated consolidated revenues of US $10.17 billion for year ended March 31, 2012 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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