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Optimize or Transform? TCS' New Digital Suite Empowers Germany's Mittelstand to accomplish both

Posted On: 2021-03-03 06:14:53 (Time Zone: Arizona, USA)


Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has launched the TCS Mittelstand Enterprise Suite, a ready-to-deploy, modular set of services and solutions, designed specifically for German medium-sized and family-owned companies in the manufacturing industry.

The TCS Mittelstand Enterprise Suite includes services and solutions for IT infrastructure transformation, application management, digital workplace, business processes as well as strategic industry solutions for supply chain management, employee safety and the Industrial Internet of Things.

The pre-configured modules can be customized, easily integrated into existing IT systems and are scalable. The suite helps enterprises gain faster and superior business outcomes, build operational resilience, accelerate innovation, embrace new business models and drive growth.

The new suite will be delivered with the same proven shared services model that TCS' larger enterprise customers have benefitted from, using TCS' teams of Mittelstand and digital experts at global and regional delivery centers, such as in Düsseldorf. Additionally, TCS offers a comprehensive portfolio of cloud solutions leveraging its own data center in Frankfurt, as well as partnerships with all the major public cloud and software providers.

"TCS' new Mittelstand Enterprise Suite helps medium-sized companies simultaneously address the twin imperatives of cost optimization and digital transformation for future growth. Customers will get the full benefit of our deep domain knowledge in manufacturing and our investments in a comprehensive portfolio of industry-leading solutions," said Santu Mandal, Head, Manufacturing Business Unit, TCS Germany. "Our shared values around entrepreneurialism, innovation, customer-centricity and social responsibility make TCS the ideal long-term partner for the Mittelstand in their growth and transformation journeys."

Present in Germany since 1991, TCS currently partners with over 100 leading German corporations in their growth and transformation journeys. TCS was ranked as the number one IT services provider in Germany for customer satisfaction in an independent survey of CXOs by Whitelane Research. TCS was also recognized as a Top Employer in Germany by the Top Employers Institute.

Medium-sized and family-owned companies make up over 99 percent of all the companies in Germany. The Mittelstand, often described as the heart of Germany's economy, accounts for about 35 percent of the total turnover and almost 60 percent of all employees.

For more information about the TCS Mittelstand Enterprise Suite, visit http://on.tcs.com/mittelstand.

Shares of TATA CONSULTANCY SERVICES LTD. was last trading in BSE at Rs.3058.65 as compared to the previous close of Rs. 3010.55. The total number of shares traded during the day was 206125 in over 13362 trades.

The stock hit an intraday high of Rs. 3063.45 and intraday low of 2996.5. The net turnover during the day was Rs. 626159215.


Source: Equity Bulls

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