TCS bags deal worth £800 million from British carmaker JLR
By MYBRANDBOOK
Tata Consultancy Services (TCS) has bagged a deal with the Digital unit of Tata Son-owned British car company JLR. UK-based JLR is owned by Tata Motors, a subsidiary of TCS parent Tata Sons.
The deal is valued at £800 million ($1 billion) over the next five years. According to the company, TCS will transform, simplify, and help manage the Digital estate, and build a new future-ready, strategic technology architecture that will support JLR's Rimagine strategy.
TCS has had a longstanding relationship with JLR Digital, spanning over a decade. As a part of the new partnership, TCS will deliver services spanning application development & maintenance, enterprise infrastructure management, cloud migration, cybersecurity and data services.
Through synergies and economies of scale with suppliers, this partnership aims to deliver substantial savings for JLR over the next five years, unlocking free cash flow to reinvest into the future. TCS will leverage its contextual knowledge, deep domain expertise, proprietary platforms, vast partner ecosystem and future-ready talent pool to help JLR enhance its digital capacity. As a part of the new partnership, TCS will deliver a broad range of services spanning application development and maintenance, enterprise infrastructure management, cloud migration, cybersecurity and data services.
"This is a truly bi-modal partnership where the efficiencies from leaner operations will help fund the new digital core, while our contextual knowledge and expertise will de-risk and accelerate that transformation," said Anupam Singhal, business group head, manufacturing, TCS.
"Building world class partnerships and maximising the benefits of being part of the Tata Group is a key part of our Reimagine strategy. Consistent with this, we are pleased to expand our long-term relationship with TCS to accelerate our digital transformation," said Nigel Blenkinsop, executive director, enterprise performance and quality, JLR. TCS has operated in the UK for more than 45 years and currently employs more than 23,000 people in the UK and Ireland.
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