Skip to main content

Tata Consultancy grabs $100Million 5-year contract with NXP!

Eindhoven, The Netherlands, May 26, 2008; Tata Consultancy Services (TCS) (BSE: TCS.BO, NSE: TCS.NS), a leading IT services, business solutions and outsourcing firm today announced a five year contract to deliver end-to-end global IT applications services to NXP Semiconductors B.V, a top 10 semiconductor company founded by Philips more than 50 years ago.

The contract is worth $100 million and TCS will provide high end consulting services as well as application management, development and support services across NXP’s supply chain operations.

Through this engagement, TCS will consolidate and ensure the integrity of NXP’s complex application landscape, delivering considerable operational cost savings and enabling the Eindhoven-based manufacturer to focus on its core business activities. TCS’ research and development teams will also develop innovative and specialist applications to deliver competitive advantage to NXP across all stages of the product cycle.

The deal will be implemented through multiple centers in India, Asia and the US which are part of TCS’ Global Network Delivery Model. These centers will be supported by a High Tech Centre of Excellence based in Eindhoven.

Louis Luijten, Senior Vice President and Chief Information Officer, NXP said: “The engagement with TCS reflects NXP’s commitment to optimizing our processes and driving business value from all aspects of our operations. We were looking for a partner who has a holistic understanding of our core business and not just the technology behind it and in this respect TCS is ideally placed to help us drive growth over the next five years.”


Press Release

Comments

  1. Too bad this contract will be cancelled by KKR when Infineon acquires NXP.

    NXP is no longer a 'Top 10' semi company. Their ranking slipped to 16 when they sold off their mobile and personal line to ST.

    ReplyDelete

Post a Comment

Popular posts from this blog

DeepLearningTrucker Part 1

Avastu Blog is migrating to IdeationCloud.com; 1st Jan 2009 live

YOU DON'T HAVE TO DO ANYTHING. WITHIN 2 SECONDS YOU WILL BE REDIRECTED TO THE NEW HOME OF AVASTU BLOG. PLEASE DO UPDATE AVASTU BLOG'S URL to : http://www.ideationcloud.com on your website.

I will send out emails personally to those who are using my link(s) on their sites.

Thanks much for your co-operation and hope you enjoy the new site and its cool new features :-)




Not like the site is unlive or something..on the contrary, its beginning to get a lot of attention already. Well most of the work is done, you don't have to worry about anything though:

What won't change

Links/Referrals: I will be redirecting the links (all links which you may have cross-posted) to IdeationCloud.com - so you don't have to do anything in all your posts and links. Although, I would urge however that you do change the permalinks, especially on your blogs etc yourselfThis blog is not going away anywhere but within a few months, I will consider discontinuing its usage. I won't obviously do …

Cloud Security: Eliminate humans from the "Information Supply Chain on the Web"

My upcoming article, part - 3 data center predictions for 2009, has a slideshot talking about the transition from the current age to the cloud computing age to eventually the ideation age- the age where you will have clouds that will emote but they will have no internal employees.

Biggest management disasters occur because internal folks are making a mess of the playground.

Om's blog is carrying an article about Cloud security and it is rather direct but also makes a lot of sense:

I don’t believe that clouds themselves will cause the security breaches and data theft they anticipate; in many ways, clouds will result in better security. Here’s why: Fewer humans –Most computer breaches are the result of human error; only 20-40 percent stem from technical malfunctions. Cloud operators that want to be profitable take humans out of the loop whenever possible.Better tools – Clouds can afford high-end data protection and security monitoring tools, as well as the experts to run them. I trust…