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PRESS RELEASE
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Hyderabad, November 18, 2015: Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading IT services, consulting and business solutions organization, today announced the launch of a new Center of Excellence (CoE) for Internet of Things (IoT) solutions in collaboration with Intel. The state-of-the-art Center will be located at the TCS Hyderabad Campus.
The Center will focus on developing new use cases for various vertical industries and create solution accelerators around Intel technologies for global customers in Manufacturing, Retail, Hi-Tech, Semiconductors, Healthcare and Telecom industries. The primary focus of the Center is to integrate IoT solutions developed by TCS on Intel® IoT platforms and to fast track creation of end-to-end solutions.
This collaboration will enable the creation of indigenous and innovative solutions, establish a strong ecosystem of IoT, cloud computing and Software Defined Network (SDN). Besides, this will also help in creating new business opportunities, simplify product development and help customers deal with rapid changes in technology.
Intel will provide the new Intel® IoT Platform reference architecture for smart and connected things to enable the development of secure and integrated smart solutions. The platform provides a blueprint for delivering innovations to market faster by reducing complexity and defining how smart devices will securely connect and share trusted data to the cloud.
Speaking about the importance of the IoT CoE, V Rajanna, Vice President & Global Head, Technology Business Unit, TCS said, “IoT Solutions will play an integral role in our constantly connected world. TCS’ expertise on Intel’s technology will help in bringing the best solutions to our clients. This CoE is dedicated to create new solutions and frameworks across industries, to accelerate the product development cycle and to create a differentiator in the marketplace.”
Commenting on the launch of the CoE, Gregory R Pearson, Senior Vice president, General Manager Sales and Marketing group, Intel Corporation said, “The Internet of Things will fuel innovation by harnessing connected ‘things’ and turning the massive amounts of data they produce into actionable insights. Intel is addressing both technical and business challenges for deploying IoT by offering secure, open and scalable products. We’d like to thank TCS for working with us in launching this Center in India. This announcement will further boost a thriving ecosystem and show what is possible with pilots and use cases that demonstrate the potential of IoT.”
About Intel
Intel (NASDAQ: INTC) is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world’s computing devices. As a leader in corporate responsibility and sustainability, Intel also manufactures the world’s first commercially available “conflict-free” microprocessors. Additional information about Intel is available at newsroom.intel.com and about Intel’s conflict-free efforts at conflictfree.intel.com.
About Tata Consultancy Services Ltd. (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT , BPS, infrastructure, engineering and assurance services. This is delivered through its unique Global Network Delivery Model™, recognized as the benchmark of excellence in software development. A part of the Tata group, India’s largest industrial conglomerate, TCS has over 324,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $15.5 billion for year ended March 31, 2015 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com.
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