IFS and Tata form alliance for Asset and Service Management

  • June 29, 2007
  • News
SCHAUMBURG, Ill., June 29 - IFS is partnering with Tata Consultancy Services (TCS). TCS has over 89,000 consultants in 47 countries. The alliance, which aims to generate new business in targeted industries, as well as support existing clients, has been driven by the adoption of a more agile approach in the implementation of IT projects by global enterprises.The partnership will primarily target the project-driven manufacturing, chemicals, energy, utilities, telecom, oil and gas industries, increasing IFS' ability to deliver its class-leading enterprise asset management and service management functionality to larger enterprises in North America. Tata Consultancy Services will also build a global center of excellence to support these initiatives."We have chosen to work closely with IFS and develop this joint business offering to give customers greater efficiency," said Regu Ayyaswamy, VP & Global Head, Engineering and Industrial Services (EIS) Business Unit, TCS. "IFS' investment in service-oriented architecture and component-based applications allows global companies to be agile and flexible.""IFS Applications offers powerful tier-one functionality for middle market, tier two, companies," IFS North America President and CEO Cindy Jaudon said. "Our existing implementation and services teams are more than adequate to meet the needs of our middle-market customers. But with the added capacity of our partners at Tata consulting, we are increasing our ability to serve larger enterprises with larger multinational implementations. We remain committed to the middle market, but now have increased ability to serve asset-intensive industrial and utility customers at the higher end of the middle market and beyond with complex, large-scale, implementations."About Tata Consultancy Services (TCS)Tata Consultancy Services is an IT services, business solutions and outsourcing organization that delivers real results to global businesses, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT and IT-enabled services 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 89,000 of the world's best trained IT consultants in 47 countries. The Company generated consolidated revenues of US $4.3 billion for fiscal year ended 31 March, 2007 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. About IFS and IFS ApplicationsIFS (OMXS: IFS), the global enterprise applications company, provides solutions which enable organizations to respond quickly to marketchanges - allowing resources to be used in a more agile way to achieve better business performance and competitive advantage.IFS was founded in 1983 and now has 2,600 employees worldwide. IFS has pioneered component-based ERP software with IFS Applications, now in its seventh generation. IFS' component architecture provides solutions that are easier to implement, run and upgrade. IFS Applications is available in 54 countries in 22 languages.IFS has over 600,000 users across seven key vertical sectors: aerospace & defense; automotive; high-tech; industrial manufacturing; process industries; construction, contracting & service management and utilities & telecom. IFS Applications provides extended ERP functionality including customer relationship management (CRM), supply chain management (SCM), product lifecycle management (PLM), corporate performance management (CPM), enterprise asset management (EAM) and maintenance repair and overhaul (MRO) capabilities. Learn More

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