NEW YORK and MUMBAI, India, Sept. 28, 2018 /PRNewswire/ -- Tata Consultancy Services (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has announced that Fortive Corporation has chosen TCS as the preferred partner for providing engineering and digital/IoT solutions and services to its operating companies.
TCS will help Fortive Corporation accelerate its digital strategy via focused engineering and digital IoT transformation initiatives that will further enable Fortive to use data to innovate across its operating companies. As part of this partnership, TCS will jointly work with Fortive to explore mutual business and go-to-market opportunities that incorporate Fortive's products and technologies into TCS projects, allowing for potential new offerings that leverage skills, resources, and intellectual property from both companies.
Regu Ayyaswamy, Head, Engineering Services and IoT, TCS, said, "TCS is delighted to continue its relationship with Fortive as its preferred global technology partner of choice. TCS Engineering Services, Digital and IoT Solutions offer a wealth of functionalities that will allow Fortive to more easily develop, deploy, and launch products and services to the market for navigating and taking advantage of the opportunities in the new Business 4.0 era."
Barbara Hulit, Senior Vice President, Fortive, added, "This agreement represents one example of the way we are accelerating our digital strategy through collaboration. TCS is an outstanding partner with strong experience in delivering next generation engineering, digital and IoT solutions that will enhance the value we bring to our customers."
About Tata Consultancy Services Ltd (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world's largest businesses in their transformation journeys for the last fifty years. TCS offers a consulting-led, cognitive powered, integrated portfolio of IT, Business & Technology Services, and engineering. This is delivered through its unique Location Independent Agile delivery model, recognized as a benchmark of excellence in software development.
A part of the Tata group, India's largest multinational business group, TCS has more than 400,000 of the world's best-trained consultants in 46 countries. The company generated consolidated revenues of US $19.09 billion for year ended March 31, 2018 and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. TCS' proactive stance on climate change and award winning work with communities across the world have earned it a place in leading sustainability indices such as the Dow Jones Sustainability Index (DJSI), MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit us at www.tcs.com.
SOURCE Tata Consultancy Services