GDF Suez Selects TCS to Improve Efficiency and Competitiveness
OREANDA-NEWS. Tata Consultancy Services (BSE: 532540, NSE: TCS), a leading IT services, consulting and business solutions firm, announced that it has won a multi-million, multi-year deal from GDF Suez, a global leader in the energy sector. This is the first landmark deal won by its new integrated entity, emerging through its acquisition of Alti SA in July 2013. The engagement will pan across France, Belgium and the Netherlands to rationalise and standardise CRM and billing applications.
Kumar Narayanan, director and country head, TCS France, said, “We are privileged to partner with GDF Suez to help them meet their strategic objectives in Europe and globally. This is a first landmark deal, which reinforces the tremendous synergies between TCS's global capabilities and the local talent base as well as knowledge we have secured through our acquisition of Alti SA. The integrated capabilities allow us to provide a more comprehensive set of services and solutions to help our clients in Europe make their businesses more competitive.”
TCS recently unveiled its plans to further activate the capabilities and the talent pool it had acquired, by setting up a new TCS SAP Innovation Centre. The centre will seek to develop cutting edge enterprise solutions for multiple industries, in co-innovation with TCS's customers. It will be located in the Ile-de-France region and is expected to be operational later in 2014.
TCS has been operating in France since 1992 and has over 50 clients in the country, including several of the CAC 40. Over the last five years, TCS has significantly strengthened its position in the country through local hiring and investments. In recognition of these initiatives, the company had been conferred the special award for investment and innovation by the Greater Paris Investment Agency in 2012. The recent acquisition of Alti has propelled TCS into the list of the top IT services firms in the country and it was also recognised with the 'Deal maker of the year 2013' award by Finance Monthly.
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