Tata Consultancy - Nokia Siemens Networks selects Tata Consultancy Services to provide R&D Services
Tata Consultancy Services Ltd has informed BSE that partnership for Joint R&D activities through partial transfer of Nokia Siemens Networks’ Development Center tasks in Dusseldorf, Germany
Nokia Siemens Networks, one of the world’s 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 Dusseldorf 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.
“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 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 of TCS.
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.
