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PRESS RELEASE
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TOKYO | MUMBAI, October 25, 2016: Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading IT services, consulting and business solutions organization, has been chosen by Mitsubishi Hitachi Power Systems (MHPS), a leading company in the field of thermal power systems, as a collaborating company for the development of an ICT platform for thermal power plants.
MHPS has announced the establishment of a 'Global Service Center' (GSC) in the Philippines, designed to cater to thermal power plant operators, primarily in the Southeast Asia region. The GSC will support efforts to optimize plant Operation and Maintenance (O&M), leveraging the latest ICT for services including remote monitoring. Through improvements in plant utilization and efficiency, MHPS seeks to promote the enhancement of client asset value.
TCS will provide analytics driven by cutting-edge digital technologies including AI, whilst also bringing its global best practices in using IoT technologies to the table. Through this, TCS looks to support the development of MHPS’ ICT platform, and hopes to contribute to the creation of future business value for MHPS.
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 371,000 of the world’s best-trained consultants in 45 countries. The company generated consolidated revenues of US $16.5 billion for year ended March 31, 2016 and is listed on the BSE Limited and National Stock Exchange of India Limited. For more information, visit us at www.tcs.com.
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