Norwegian University of Science and Technology Joins Forces with TCS to Expedite the Transition to Sustainable Energy

Tata Consultancy Services and NTNU Enter Strategic Partnership to Collaborate on Production, Development and Lifecycle Management of Sustainable Battery Technologies

PRESS RELEASE

OSLO, February 14, 2023: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) has entered into a strategic academic partnership with Norwegian University of Science and Technology (NTNU), one of the largest and most prestigious universities in Norway, to collaborate on the development of advanced battery cell technologies and expedite the global transition to sustainable energy.

TCS will work closely with NTNU’s Department of Energy and Process Engineering (EPT) on the design, development, and digital testing of sustainable energy solutions. TCS will provide technology consultancy and digital innovation across each stage of the battery value chain, including fabrication, lifecycle management, cell assembly and testing, and digital twins for solid state and lithium-ion batteries.

The partnership will see TCS offer dedicated support to the EPT in the form of technology collaboration, talent exchange, digital innovation, and startup engagement, for developing sustainable energy solutions that take health, climate changes and available resources into consideration. TCS will be responsible for developing and testing a 'sustainable by design' platform for the end-to-end battery production process.

This important academic collaboration will provide NTNU with access to TCS’ international ecosystem of technologists and enterprise partners to help scale production and meet the increasing global demand for sustainable batteries. By forging an alliance of enterprise and academia and establishing a clear route-to-market, TCS and NTNU will accelerate the journey to electrification and a net zero future.

“In strengthening our research and educational relevance within Battery production and systems understanding, establishing collaborations with key industry actors like TCS, is of great importance. This shared understanding allows us to accelerate scientific, engineering and educational progress in an industry and technologically domain of exponential growth and with enormous needs for competence over the next years” said Odne Stokke Burheim, Professor at NTNU – Department of Energy and Process Engineering.

“Innovation in battery technologies is crucial because of their role in electrifying transportation and balancing power-grids, both of which have a critical role to play in achieving global net-zero goals. We are pleased to partner with one of Norway’s most respected universities in this initiative and work with a shared sense of purpose to build a more sustainable future for everyone,” commented Rajan Maheshwari, Country Head, TCS Norway.

TCS has a broad portfolio of solutions to restructure the global energy sector and support organizations on their journeys to net-zero. For more information please visit: Energizing a sustainable future

About NTNU

The Norwegian University of Science and Technology (NTNU) is a university with an international focus, with headquarters in Trondheim and campuses in Ålesund and Gjøvik. NTNU has a main profile in science and technology, a variety of programmes of professional study, and great academic breadth that also includes the humanities, social sciences, economics, medicine, health sciences, educational science, architecture, entrepreneurship, art disciplines and artistic activities.

About Tata Consultancy Services (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 over 50 years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. 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 over 613,000 of the world’s best-trained consultants in 55 countries. The company generated consolidated revenues of US $25.7 billion in the fiscal year ended March 31, 2022, 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 MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit www.tcs.com

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