Sony Pictures Entertainment and Tata Consultancy Services Sign Landmark Service-Oriented Architecture Agreement

Tata Consultancy Services Ltd (TCS) on January 22, 2008 has announced that it has signed an agreement with Sony Pictures Entertainment, Inc. (SPE) to develop and deploy Service-Oriented Architecture (SOA) solutions that allow Sony and its customers to better use all of its IT assets to advance their business goals. Based on industry best practices, the SOA solutions combine a set of best-of-breed technologies, tools, patterns and standards from Sony Pictures, TCS and BEA Systems to help enterprise organizations align business functions for greater flexibility and efficiency.

Sony Pictures and TCS have created a world class SOA framework that enables enterprise organizations to quickly sense and respond to changing market conditions. Centered on the deployment of reusable and network-aware applications, the SOA framework leverages key business assets within and beyond enterprise boundaries, with interoperability, independent of platforms, languages and protocols. The framework benefits enterprise organizations across various industry verticals including media & entertainment, insurance, banking, retail, financial services and manufacturing.

In addition to substantial return on Investment, the SOA approach enables enterprise organizations to streamline business processes and benefit from a reduction in development time and maintenance effort, services accessibility, an "always-on" infrastructure and improved data integrity and delivery capabilities, among others.

"SOA adoption is a key enabler for the 21st century enterprise and we are committed to helping our clients develop and implement state-of-the-art solutions. TCS has been heavily involved in SOA activities for clients all over the globe and have the processes, methodologies and skills in place to help them maximize their success," said N Chandrasekaran, Executive Director and COO for TCS.

Supported by BEA AquaLogic BPM, BEA AquaLogic Data Services Platform and BEA AquaLogic Service Bus, the enterprise SOA framework is designed to help accelerate modeling, testing and deployment of new business processes and applications, while assisting with the transformation of existing legacy software assets to SOA.

TCS maintains its lead in SOA as its Industry assets continue to help customers develop scalable and robust business applications. According to the Forrester Research report, "The Forrester Wave: North America SOA Integration, Q3 2006" (September 2006), TCS was positioned as a strong performer. The report states that of all the Indian vendors, TCS has the clearest strategy and approach to SOA, and it is focused on training its consultants in SOA concepts and approaches.

TCS Q3FY08 Results

Tata Consultancy Services Ltd (TCS) has announced the following Audited results for the quarter ended December 31, 2007:

The Company has posted a net profit after taxes of Rs 11789.90 million for the quarter ended December 31, 2007 as compared to Rs 9505.20 million for the quarter ended December 31, 2006. Total Income has increased from Rs 38488.30 million for the quarter ended December 31, 2006 to Rs 49414.80 million for the quarter ended December 31, 2007.

The Audited Consolidated results are as follows:

The Group has posted a net profit of Rs 13266.70 million for the quarter ended December 31, 2007 as compared to Rs 11161.00 million for the quarter ended December 31, 2006. Total Income has increased from Rs 49105.30 million for the quarter ended December 31, 2006 to Rs 60419.80 million for the quarter ended December 31, 2007.

Tata Consultancy Services agreement with Nielsen Company for $1.2billion maintanence

Tata Consultancy Services Ltd (TCS) has informed that the Nielsen Company, the world's leading provider of consumer and media information services, and TCS on October 18, 2007 announced they are entering into an agreement for outsourcing a portion of Nielsen's Information Technology (IT) and Operations functions worldwide.

Under the ten-year agreement, valued at $US1.2 billion, TCS will assume responsibility for important IT and Operational processes and help Nielsen integrate and centralize multiple systems, technologies and processes on a global scale. TCS also will assume responsibility for certain Finance and Human Resource business processes, which will be executed on new BPO platforms built by TCS.

The Nielsen Company provides a wide range of global services, including television and Internet audience measurement, insight and analysis of consumer behaviour for the packaged goods and retail Industries, services to clients in print, online and mobile media services, entertainment, books, video and the music industries, and is a major provider of business publications and trade shows.

TCS's Full Service Capabilities

TCS said it will provide this service to Nielsen through its full model, leveraging consulting, IT, infrastructure and Business Processing Outsourcing (BPO) services delivered through its Network Delivery Model (GNDMTM). The global model will help Nielsen align complex global IT and operational processes, deliver high quality services to its clients and create cost efficiencies.

"The Nielsen engagement showcases our domain knowledge and our ability to manage and execute complex transformation engagements across the globe. It highlights the level of strategic engagement that TCS enjoys with global customers like The Nielson Company," said S Ramadorai, Chief Executive Officer and MD, of the Company.

The implementation of next generation technology platforms and processes will enable faster & enriched information service delivery for Nielsen. TCS will also set up an Innovation Lab with Nielsen to help the customer conceptualize the next generation of business solutions far its end clients globally.

The BPO platforms will help Nielsen consolidate & transform its processes and systems into a single platform, thereby providing real-time access to organization performance and reporting. The BPO services cover end-to-end financial services in such processes as accounts receivable and payable, billing, credit & collections and general accounting, and HR processes, including workforce administration, global reporting and payroll services.

Building KPO capabilities

As part of the agreement, TCS said it will take direct responsibility for a Nielsen team based in Baroda, Gujarat that has developed significant expertise in key information-management processes for Nielsen's Retail Measurement Services, one of Nielsen's core products for packaged goods manufacturers and retailers. The addition of this team will complement TCS's established Knowledge Process Outsourcing (KPO) team and help to accelerate development of TCS's KPO service delivery platform. This development will enhance TCS' domain expertise and make it one of the largest KPO providers in India, working in such areas as analytics & reporting and reference data management.

TCS announces Q2 Results

Tata Consultancy Services Ltd (TCS) has announced the following Audited Results for the quarter ended September 30, 2007:

The Company has posted a net profit after taxes of Rs 11471.10 million for the quarter ended September 30, 2007 where as the same was at Rs 9313.20 million for the quarter ended September 30, 2006. Total Income is Rs 46814.90 million for the quarter ended September 30, 2007 where as the same was at Rs 36812.00 million for the quarter ended September 30, 2006.

The Consolidated Results are as follows:

The Group has posted a net profit (after minority interest & share of profit of associates) of Rs 12516.00 million for the quarter ended September 30, 2007 where as the same was at Rs 10186.80 million for the quarter ended September 30, 2006. Total Income is Rs 57618.20 million for the quarter ended September 30, 2007 where as the same was at Rs 45112.50 million for the quarter ended September 30, 2006.