Tata CS and Felda Prodata Sign Strategic Collaboration
OREANDA-NEWS. September 14, 2011. Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), a leading IT services, consulting and business solutions firm, and Felda Prodata Systems Sdn Bhd (Prodata), today, announced the signing of a collaboration agreement to jointly develop and deliver strategic information technology (IT) services and solutions to the Malaysian market. Both organisations will jointly identify opportunities as part of their ‘go-to-market’ efforts to provide IT services and participate in tenders from government agencies.
Witnessing this milestone agreement was Dato Sri’ Mohd Najib Tun Abdul Razak, Prime Minister of Malaysia, whose vision of taking Felda companies to the global market is in sync with this agreement.
The collaboration is the first between the two organisations to pool their expertise. This is expected to impact positively the IT industry both in the Malaysian and regional markets. Under this agreement, both organisations will jointly take forward their key IT initiatives in a timely, efficient and effective manner to service customers. They will also jointly develop and market IT solutions and services to local companies, Malaysian government-linked companies and global companies within
“The full potential of this relationship is to combine the global experiences of Tata Consultancy Services with the in-country knowledge and capabilities of Prodata for the benefit of Malaysian customers,” said Vish Iyer, president, TCS Asia Pacific. “We believe the two organisations have complementary capabilities and we are very excited at the power of combining these to create a full-service portfolio leveraging a larger pool of local talents."
Fauzi Ghani, CEO, Prodata, added: “This collaboration marks an exciting chapter for Prodata. It injects TCS’s global experience and strength into our service portfolios and capabilities in offering differentiated IT solutions and services to our customers. This “glocal” relationship creates strong synergies in both business and talent development. It will help to accelerate Prodata's vision to become the national IT company in
TCS and Prodata will share their technology expertise in areas including but not limited to open source solutions, SAP-ERP application, application development and maintenance, shared services / business process outsourcing (BPO), infrastructure services, and business intelligence and performance management (BIPM).
The collaboration between TCS and Prodata is to serve as a conduit of technical expertise and IT skill development into the companies’ respective workforces in
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