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NXP Partners with TCS to Transform its Enterprise Supply Chain IT Operations with ignio™

Posted On: 2019-07-15 13:01:57

Tata Consultancy Services (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, announced a partnership with NXP Semiconductors, to transform the latter's enterprise supply chain IT operations with ignio™ and the TCS Private Cloud on alpha architecture.

As a foundational technology provider in areas such as connectivity, embedded applications, smart vehicles, and data privacy, NXP plays a pivotal role in the evolution of digitaltechnologies. To stay competitive in this dynamic environment, NXP is partnering with TCS to reimagine and futureproof its supply chain systems. TCS will leverage its award-winning cognitive automation software, ignio, and the TCS Private Cloud on alpha architecture, to deliver this transformation.

ignio automates and optimizes an enterprise's IT operations with its unique and innovative cognitive capability that blends artificial intelligence, machine learning, and advanced software engineering. ignio uses its context-aware reasoning capability to quickly and autonomously resolve issues when they arise, and preempt incidents wherever possible.

ignio will support all three layers - the functional application layer, the technical application management layer and the underlying infrastructure layer - of the technology stack underlying the end to end functionality of NXP's business critical supply chain applications covering all core modules, supply chain planning, PLM, customer quotation and warehouse management. By making the entire stack self healing, ignio will boost the resilience, reliability, agility and effectiveness of NXP's supply chain IT operations.

Further, the TCS Private Cloud on alpha architecture, with automated provisioning and zero-touch architecture, will provide a robust, agile, secure, and scalable business core to NXP's supply chain operations.

"TCS has been NXP's partner of choice for enterprise IT and has played a critical role in enabling our strategic programs like mergers and acquisitions. Operational stability, security and quality of IT services are very critical for the success of our business in this challenging environment. We strongly believe that AI-based technologies drive a smarter world and want to use them in our internal operations. TCS' ignio is a key component that will enable intelligent supply chain operations," said Olli Hyyppa, Senior Vice President and Chief lnformation Officer, NXP Semiconductors.

"NXP and TCS have established a great partnership spanning over a decade. We are very glad to be part of such a critical business transformation initiative, which establishes the foundation for NXP to become a future proof digital enterprise by simplifying and standardizing the supply chain IT landscape and significantly boosting business velocity," commented V Rajanna, Global Head, Technology Business Unit, TCS.

"ignio helps IT executives become custodians of an intelligent IT estate, liberating them from operational challenges and freeing up bandwidth for innovation and tronsformation," said Akhilesh Tripathi, Global Head, Digitate. "We welcome NXP into the growing family of ignio's marquee customers across the world, who have leveraged its AI/ML based cognitive automation capabilities to transform their enterprise IT."

Shares of TATA CONSULTANCY SERVICES LTD. was last trading in BSE at Rs.2110 as compared to the previous close of Rs. 2101.45. The total number of shares traded during the day was 59397 in over 3033 trades.

The stock hit an intraday high of Rs. 2118 and intraday low of 2094.05. The net turnover during the day was Rs. 125284387.


Source: Equity Bulls

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