TCS Launches Clever Energy™ Solution on Google Cloud to Help Organizations Achieve their Net Zero Goals

Tata Consultancy Services’ Energy Management Solution Helps Enterprises Reduce their Energy Consumption, Paving the Way for Sustainable Enterprise Operations

PRESS RELEASE

SUNNYVALE, CA | MUMBAI, February 01, 2023: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) announced that its award-winning TCS Clever Energy™ solution that helps commercial and industrial organizations reduce carbon emissions, is now available on Google Cloud.

Businesses can now leverage the enterprise-grade energy and emission management solution, TCS Clever Energy, on Google Cloud’s carbon-neutral data cloud integrated with artificial intelligence (AI) for speed, scale, and security.

TCS Clever Energy leverages Internet of Things (IoT), AI, machine learning, and cloud to help organizations understand intricate energy performance factors, enabling them to become more sustainable and empowering leaders to make informed decisions without compromising business needs. It monitors energy use 24x7, giving enterprises a consolidated view, and provides predictive analytics and insights, to improve and speed up decision making to improve asset utilization. Clever Energy helps reduce energy consumption and decrease carbon emissions while saving energy costs.

“With climate change concerns gaining greater urgency, efficient energy usage and management becomes the need of the hour for every organization,” said Regu Ayyaswamy, Global Head, IoT and Digital Engineering, TCS. “We are pleased to announce that TCS Clever Energy is now available on Google Cloud. We look forward to helping more enterprises optimize energy consumption, accelerate their journey to net zero with minimal new capital investment, and become more sustainable.”

TCS Clever Energy is helping a multinational pulp and paper manufacturer reduce emissions, achieving 10% energy savings year-over-year. At a multi-brand retailer, TCS Clever Energy is at work across over 1,000 sites, including offices, stores, warehouses, and malls, driving its carbon dioxide reduction by 25,000 tons.

“Enterprises are looking for solutions that provide a comprehensive understanding of how they consume energy and the ability to convert those insights into more sustainable business decisions,” said Kevin Ichhpurani, Corporate Vice President, Global Partner Ecosystem & Channels, Google Cloud. “With TCS Clever Energy now available on Google Cloud, customers can lower their energy consumption, costs, and emissions, all while running on our carbon-neutral infrastructure.”

The TCS Google Business Unit offers companies a full complement of services and solutions, leveraging TCS’ domain-focused innovation and Google Cloud’s suite of technologies. These include advisory and foundational cloud-build services, infrastructure, application and data modernization services, managed services for hybrid and multi-cloud environments, support for SAP on Google Cloud, application development, and data-centric, fit-to-purpose digital solutions across industries.

TCS provides cloud-native services and solutions across new technologies such as IoT, intelligent edge-to-core, and blockchain to enhance end-customer value. TCS’ suite of cloud accelerators, rendered on the Google Garage, offer an immersive experience for companies to experiment and build viable versions of a product. TCS has achieved 11 specializations and received several Google Cloud awards for its comprehensive and compelling digital solutions, including the 2021 Industry Solution Partner of the Year for Retail; 2021 Global Diversity & Inclusion Partner of the Year; and 2020 Breakthrough Partner of the Year.

To learn more about the TCS Google Business Unit, visit: https://www.tcs.com/tcs-google-cloud

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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