foremost global enablers of
communications services and Tata Consultancy Services (TCS), a leading
IT services, business solutions and outsourcing company, have concluded
a multi-million Euro agreement to transfer product engineering and
R&D services as well as parts of the Operations and Business
Software (OBS) business unit activities from Nokia Siemens Networks to
TCS. The reassigned parts belong to the Nokia Siemens Networks
development center in Düsseldorf, Germany, including 90 employees who
will be transferred to TCS as part of this engagement.
With this
agreement Nokia Siemens Networks and TCS will create an efficient
set-up whereby TCS will provide global R&D services to Nokia
Siemens Networks 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 realize synergy savings.
“For many years, Tata
Consultancy Services has been a valuable partner to Nokia and Siemens,
our parent companies. TCS brings to the table an in-depth experience in
outsourcing projects and a proven track record of successfully
transferring and integrating customers' R&D personnel. This deal
provides the employees in Düsseldorf with an excellent opportunity to
work with international teams in a global company”, says Juhani
Hintikka, Head of the Operations and Business Software Business Unit,
Nokia Siemens Networks.
“The agreement with Nokia Siemens
Networks reiterates TCS’ capability to enhance customers' business by
leveraging our superior R&D services and strong domain. 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 Düsseldorf - where the transferred
employees will work - is strategic to us, as Germany is a key European
market”, said N. Chandrasekaran, COO and Executive Director of TCS.
"With
its strong domain expertise, the worldwide delivery structures based on
the company's proprietary Global Network Delivery Model and its
strategic alliance partners, TCS is well-placed as a strong competitor
in Europe. The integration of Nokia Siemens Networks employees would
establish TCS’ local presence and strengthen its position as a global
player. This is especially important in Germany where brand recognition
is key”, said Graham Pascoe, partner with the analyst house
PriceWaterhouseCooper Advisory.
Working towards its vision of
five billion people connected by 2015, Nokia Siemens Networks puts
innovation and R&D at the top of its agenda. Working with R&D
providers like TCS enhances Nokia Siemens Networks’ ability to deliver
new, exciting and profitable services to their customers.
