TCS will deploy its industry-first solution Clever EnergyTM to help the global energy management solutions company deliver innovative energy solutions to its customers and achieve its net zero goals
PRESS RELEASE
ZUG | MUMBAI, DECEMBER 13, 2024: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a global leader in IT services, consulting, and business solutions, has partnered with Landis+Gyr (SIX: LAND), a leading energy management solutions company based in Cham, Switzerland, to deliver innovative, flexible energy-efficiency solutions for utilities. These solutions will empower utilities to help their commercial and industrial customers achieve sustainability goals, improve operational efficiency, and reduce carbon emissions.
Over the next three years, TCS will integrate its award-winning enterprise-level energy and emission management system TCS Clever EnergyTM with Landis+Gyr’s advanced smart metering and grid management technologies, creating a comprehensive energy management solution for utilities. The partnership will enable utilities to meet the complex energy demands of their commercial and industrial clients while offering them advanced tools to optimize energy usage and achieve sustainability targets. TCS will also leverage TCS Clever Energy to drive energy transformation for Landis+Gyr.
Utilities face increasing pressure to help their customers meet sustainability targets and adapt to changing regulations. The combined capabilities of Landis+Gyr and TCS will enable utilities to offer end-to-end energy efficiency solutions that include real-time energy optimization, demand response, and smart EV charging. These features help utilities empower their commercial and industrial customers to improve energy efficiency, lower emissions, and drive operational excellence. It simultaneously increases utility's ability to integrate renewable energy sources, optimize use of existing infrastructure, and improve grid flexibility.
Amith Kota, Global Chief Technology Officer at Landis+Gyr, said, “The partnership with TCS brings pivotal technological expertise to our expanding flexibility management offering. By integrating TCS Clever EnergyTM capabilities into our portfolio, we now provide a solution that supports utilities in delivering energy efficiency and sustainability solutions to their commercial and industrial customers. This ensures grid resilience while enabling utilities to meet both their and their customers’ sustainability goals.”
With annual sales of approximately $1.7 billion, Landis+Gyr is one of the largest providers of integrated energy management solutions in the world. For over 125 years, it has helped organizations avoid more than 9.5 million tons of carbon dioxide. Landis+Gyr and TCS will now assist utilities in complying with new Swiss regulations, which require larger companies to report and conduct due diligence on how their activities impact climate change, including CO2 emissions.
Anupam Singhal, President, Manufacturing, TCS, said, “We are delighted to partner with Landis+Gyr to help achieve sustainability goals by optimizing operational efficiency and accelerating the journey to carbon neutrality. The synergy between Landis+Gyr’s expertise in smart metering, grid resiliency, and flexible demand management and TCS Clever Energy solution with self-learning and self-optimizing capability utilizing cutting-edge IoT, Edge, and AI will ensure a robust and future-ready green ecosystem.”
TCS Clever EnergyTM, is a next-gen solution from TCS’ suite of 200-plus sustainability offerings designed to help enterprises manage their energy consumption and carbon emissions. Organizations in over 10 countries have managed to cumulatively reduce CO2 emissions of over 250,000 metric tonnes by deploying the solution. The key features of the solution include real-time energy monitoring, built-in energy twin to drive energy optimization and AI/ML-driven closed loop self-optimization to automate actions and carbon management and Scope 1 and 2 emission reporting. The solution is approved by the New York State Energy Research and Development Authority and approved by the Federal Office for Economic Affairs and Export Control (BAFA) in Germany.
About Landis+Gyr
Landis+Gyr is a leading global provider of integrated energy management solutions. We measure and analyze energy utilization to generate empowering analytics for smart grid and infrastructure management, enabling utilities and consumers to reduce energy consumption. Our innovative and proven portfolio of software, services and intelligent sensor technology is a key driver to decarbonize the grid. Having avoided more than 9.5 million tons of CO2 in FY 2022, Landis+Gyr manages energy better – since 1896. With sales of USD 1.7 billion in FY 2022, Landis+Gyr employs around 7,300 talented people across five continents. For more information, please visit our website www.landisgyr.com
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 56 years. Its consulting-led, cognitive powered, portfolio of business, technology and engineering services and solutions is delivered through its unique Location Independent AgileTM 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 601,000 of the world’s best-trained consultants in 55 countries. The company generated consolidated revenues of US $29 billion in the fiscal year ended March 31, 2024, and is listed on the BSE and the NSE 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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