Wednesday, 19 November 2014

TCS UK recognised for investment in talent and HR excellence

Tata Consultancy Services, a leading IT services, consulting and business solutions organization, has received two major acknowledgements of their excellence in people management, achieving the Gold level certification from Investors in People and winning a CIPD Award for 'Best Rewards and Benefits Initiative'.

Being recertified at Gold level by Investors in People is the highest recognition available from the organization.  TCS has been Gold level certified by Investors in People in 2005, 2008 and 2011.  Achieving Gold level puts TCS in the top 2% of over 26,000 organizations in the UK that have been recognized by Investors in People.

The CIPD Awards recognize and celebrate outstanding achievements in people management and development and the impact it has on business success. The 'Best Rewards and Benefits Initiative' category acclaims the leader in creating value for their organization by designing and implementing programmes that reward and recognize crucial skills, behaviors and performance.

The Gold level recertification by Investors in People was awarded after a review was carried out by external assessors in September 2014. Over 200 employees from various backgrounds, lengths of service, roles, seniority and geographies were interviewed as part of the Investors in People assessment.

Sixteen percent of UK businesses have been assessed by Investors in People, on a framework of 39 evidence requirements to achieve the Standard Investors in People Accreditation. To achieve Bronze, Silver or Gold accreditation, a business must provide additional evidence; 26 additional evidence requirements for Bronze, and 76 and 126 for Silver and Gold respectively.

The CIPD Awards are run by CIPD, which is the professional body for HR and people development and has over 130,000 members. The annual awards recognize individuals, teams and organizations for their HR leadership.

In the UK and Ireland, Tata Consultancy Services is committed to encouraging home-grown IT skills and has set out a clear programme for how government and businesses can work together for a long-term sustainable solution. TCS' work to address the STEM (science technology engineering and mathematics) skills challenge is focused on three key areas:  Raising the profile of STEM; supporting the school curriculum with appropriate private sector engagement; and encouraging employers to create opportunities to bring young people into the workplace. TCS has reached over 10,000 young people across the UK and Ireland with IT challenges, coding and application design competitions as well as class room computer teaching.

Friday, 14 November 2014

Nedgroup Insurance goes live with TCS BaNCS for Insurance

Tata Consultancy Services (TCS), a leading IT services, consulting and business solutions organization, announced that its customer, Nedgroup Insurance Company (Nedic), a leading insurer specializing in homeowner's cover (HOC), personal-accident and vehicle insurance products, has gone operational with TCS BaNCS for Insurance as its new policy administration system for short-term insurance services.
Widely recognized as an industry-leading product, TCS BaNCS for Insurance is built on a modern, web-based platform with parameter-driven and component-based architecture. The solution easily integrates with the existing systems of insurers and those of their business partners by leveraging service-oriented-architecture-enabled, n-tier architecture.
TCS BaNCS for Insurance served as the core platform as Nedic implemented its strategy to enhance customer intimacy and integrate all its offerings under one roof. With this new core engine Nedic can expand its product range and services to its target market across a variety of channels. It heightened customer service levels at the company by providing a single view of clients and provided improved access to information. Further, the TCS BaNCS for Insurance solution's configurability will be an added advantage because it ensures a quicker time to market for new Nedic products.

Wednesday, 12 November 2014

TCS expects $1bn in revenue from Tata Group cos...stock flat

Shares of TCS was up 1% at Rs 2606 on reports that company is eyeing $1 bn in revenue from the group's companies 
The stock has hit a high of Rs2610 and a low of Rs2571.
Total traded quantity on the counter stood at over 0.19 lk shares

Monday, 10 November 2014

TCS delivers Qantas new SaaS-based Oracle E-Business Suite Solution

Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organisation, today announced that it has successfully delivered Qantas  with an upgrade to Oracle E-Business Suite Release 12 (R12) provisioned in a Software as a Service model together with Macquarie Telecom.  The new cloud-based version of Oracle E-Business Suite will provide Qantas with key benefits including enhanced system functionality, reduced system management complexity and unification of vendors.   
Qantas was utilising the Oracle E-Business Suite R11 to support a range of business processes in the areas of Financials, Supply Chain Management, Customer Relationship Management and Human Capital Management. TCS unified support and management of the application and upgraded the Oracle E-Business Suite to R12, with over 1,800 customisations. TCS also transitioned the Qantas' Oracle E-Business Suite R12 to an end-to-end managed Software as a Service (SaaS) platform hosted by Macquarie Telecom.
TCS is a trusted business partner of Qantas, and has worked with the airline on a broad-range of projects. The team from TCS is committed to assisting Qantas to continuously enhance and optimise its IT infrastructure and operations.
TCS is a global Diamond Partner of Oracle with comprehensive capabilities in Oracle Applications, including Fusion Applications, E-Business Suite, Siebel, PeopleSoft, Hyperion, and JD Edwards.

Wednesday, 29 October 2014

TCS and VMware to deliver enterprise applications for the software-defined data center

Tata Consultancy Services, a leading IT services, consulting and business solutions organization and VMware Inc., the global leader in virtualization and cloud infrastructure today announced the strengthening of their partnership. TCS and VMware will jointly create pre-integrated and pre-tested solutions to accelerate the adoption and deployment of enterprise scale applications as well as end user computing solutions running on a software-defined data center architecture powered by VMware infrastructure.
The partnership aims to help enterprises achieve distinct IT outcomes for lower operating costs, increased performance, availability, reliability, security, and faster service delivery. Initially, the collaboration will provide offerings for SAP, Oracle, and Enterprise Analytics. TCS will provide architectural design, transformation, and operational expertise to allow customers to transform their business and applications. VMware will provide the industry's most complete software-defined data center portfolio, including virtualized compute, network and storage utilizing VMware vSphere, VMware NSX, VMware Virtual SAN and VMware vRealize Suite. Customers will also have the option of deploying the applications on a hybrid cloud environment utilizing VMware vCloud Air.
To enhance customer evaluation, design and implementation, TCS and VMware will jointly create a new global customer Center of Excellence (CoE) with two data center locations in Milford, Ohio and Pune, India. The Center of Excellence will help enterprises achieve immediate Return on Investment (ROI) by combining TCS' infrastructure transformation expertise with a software-defined data center architecture powered by VMware to enable a strategic evolution for the jointly developed offerings and solutions.
The CoE will also enable customers to beta test real-world application workloads and to assess the value and the effort to deploy applications in a software-defined data center.

Tuesday, 28 October 2014

TCS clarifies reports on $5 b digital services opportunity...stock flat

The Exchange has sought clarification from Tata Consultancy Services Ltd with respect to news article appearing in DNA on October 27, 2014 titled "TCS eyes $5 b digital services opportunity."
Tata Consultancy Services Ltd has clarified that 
"We would like to state that TCS is a global Company and the largest Company in terms of market capitalization. There is lot of interest in the Company from the media and analyst community.
We do not have any specific comment to offer with regard to this news item. 
We would like to affirm our commitment to fair disclosure"
The stock was flat at Rs 2465.

Monday, 27 October 2014

TCS bags Australian Service Excellence Award

Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organisation announce that TCS Australia has been selected as a winner in the 2014 Australian Service Excellence Awards for International Division of a Large Business. TCS was selected for its high standards of management, training and commitment to excellence.
Now in its 13th year and endorsed by the Prime Minister, the Australian Service Excellence Awards are Australia's most rigorous multi-industry awards programme, which showcase the highest achievement in customer service excellence.