IANS | 07 Sep, 2023
Software major Tata Consultancy Services (TCS) on Wednesday announced
that it has inked a nearly $1 billion (800 million pounds) deal with
the Jaguar Land Rover (JLR) to transform, simplify, and help manage its
digital estate and build a new future-ready, strategic technology
architecture.
TCS will use its contextual knowledge, deep domain
expertise, proprietary platforms, vast partner ecosystem, and
future-ready talent pool to assist JLR in improving its digital
capacity, transforming, simplifying, and managing its digital estate,
and building a new, future-ready digital core to support its business
transformation.
"This is a truly bi-modal partnership where the
efficiencies from leaner operations will help fund the new digital core,
while our contextual knowledge and expertise will de-risk and
accelerate that transformation," Anupam Singhal, Business Group
Head-Manufacturing, TCS, said in a statement.
As part of the new
partnership, TCS will deliver a broad range of services spanning
application development and maintenance, enterprise infrastructure
management, cloud migration, cybersecurity and data services, the
company said.
"Building world-class partnerships and maximising
the benefits of being part of the Tata Group is a key part of our
Reimagine strategy. Consistent with this, we are pleased to expand our
long-term relationship with TCS to accelerate our digital
transformation," said Nigel Blenkinsop, Executive Director, Enterprise
Performance & Quality, JLR.
Moreover, the company said by
leveraging new technologies to transform core IT operations and adopting
new ways of working, TCS will enable a leaner, more agile and scalable
operating model.
Through synergies and economies of scale with
suppliers, this partnership will deliver substantial savings for JLR
over the next five years, unlocking free cash flow to reinvest into the
future.
Outside of the new contract, TCS is partnering with JLR
to help accelerate its vision of modern luxury client experience
tailored to different markets globally.
TCS has operated in the
UK for more than 45 years and works with over 200 of the nation’s
best-known and most-loved businesses. TCS is the leading supplier of
software and IT services to the UK market, by revenue. It currently
employs more than 23,000 people in the UK and Ireland.