Sunday, July 28, 2013

Tata Consultancy Services Honoured as Technology Partner at the Manufacturing Leadership 100 Awards

Tata Consultancy Services (BSE: 532540, NSE: TCS) has been honored as a "Technology Partner" for its work with customers in key verticals, at this year's Manufacturing Leadership 100 Awards, presented by the Manufacturing Leadership Community, a part of Frost & Sullivan. This award further enhances TCS' longstanding history of developing cutting-edge solutions and successfully implementing transformational projects in the manufacturing and life sciences industry.

For the last nine years, the Manufacturing Leadership 100 Awards have honored innovative companies and individuals from around the world who are shaping the future of global manufacturing. The top 100 projects selected also represent those technology partners, who are set apart from their competitors and deliver clear and compelling return on investment across a wide variety of domains. Winners are evaluated specifically on their process impact, business impact, strategic impact and use of technology.

"TCS' breadth and depth of experience across industry verticals globally provides us with a unique perspective on market trends and best practices," said Debashis Ghosh, Global Head, Manufacturing, Life Sciences and Energy, TCS. "Being recognized as the Technology Partner at the Manufacturing Leadership 100 Awards reaffirms the value that we are delivering to our customers. Our global teams are committed to constantly innovating and delivering superior services to address critical business issues; for instance, we partner with our life sciences customers across the value chain to enable them to advance clinical trial efficiencies, accelerate drug discovery, maximize manufacturing productivity and improve sales and marketing effectiveness."

TCS' Global Business Reporting project with Eli Lilly won the award in the Information Leadership category. "The TCS team, both on-shore and off-shore, has demonstrated an outstanding level of professionalism and partnership. The Global Reporting Project was extremely complex and required a significant level of understanding of local needs around the globe. In addition to providing strong IT competency, the TCS team was able to forge a true partnership with the Lilly team to ultimately deliver a top grade solution to our customers around the world," said Zuheir Shahwan, Director, Global Commercial Operations - Commercial Intelligence at Eli Lilly and Company.

"TCS has been a key partner in helping us implement a new business transformation project within our automotive business that will not only bring our performance to the next level but has also won us recognition in the ML 100 'Information Leadership' category," said Randall Urban, IT Vice President, Johnson Controls, Inc. "As a multi-national company it is imperative that our processes are aligned globally. This new initiative will enable us to further strengthen our cohesiveness by integrating logistic and operational processes across continents."

"The Factory Mobility project was a ground-breaking effort to bring mobile technology to the shop floor on the C-17 Globemaster III Program in Long Beach," said Bill Black, IT Leader for the C-17 Program, The Boeing Company. "Both the TCS and Boeing teams really focused on what the shop-floor customer needed and were able to deliver a quality product that exceeded their expectations. This teaming arrangement has been typical of our relationship with TCS over the last several years."

"We are pleased to be named a technology partner in this year's Manufacturing Leadership 100 Awards," said Milind Lakkad, Vice President and Global Head, Manufacturing, TCS. "Technology continues to play a dominant role across the manufacturing value chain, be it in the cycle time reduction of new product development, product quality improvement, optimization of manufacturing operations or enhancement of customer experience."

The Manufacturing Leadership 100 awards were presented at the 2013 Manufacturing Leadership Summit in Palm Beach, FL.

Shares of Tata Consultancy Services Ltd was last trading in BSE at Rs.1772.45, down by Rs.20.90 or 1.17%. The stock hit an intraday high of Rs.1799.70 and low of Rs.1750.60.

The total traded quantity was 0.87 lakhs compared to 2 week average of 1.98 lakhs.

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