|
TCS to provide R&D service to Nokia Siemens
Business Standard
March 3, 2008
Tata Consultancy Services (TCS) has entered
into a multi million euro agreement with global communications
services provider Nokia Siemens Networks for joint R&D
activities. Under the agreement, Nokia Siemens Networks
will transfer its product engineering and R&D services
along with part of the operations and business software
(OBS) unit to TCS.
The reassigned parts belong to the Nokia Siemens Networks
development centre in Dusseldorf, Germany including
90 employees who will be transferred to TCS as part
of the engagement.
Nokia Siemens Networks and TCS will create an efficient
set-up whereby TCS will provide global R&D services
by leveraging its expertise in the telecommunications
sector. The transfer of R&D capabilities to trusted
business partners such as TCS is part of Nokia Siemens
Networks' overall strategy to realise synergy savings.
"The agreement with Nokia Siemens Networks reiterates
TCS' capability to enhance customers' business by leveraging
our superior R&D services and strong domain knowledge.
As the R&D partner for Nokia Siemens Networks, TCS
will share its innovative approaches, global best practices
and benchmark standards to ensure excellence. The new
regional delivery center for telecommunications customers
in Dusseldorf - where the transferred employees will
work - is strategic to us as Germany is a key European
market," said N Chandrasekaran, COO and executive
director, TCS.

|