Tata Consultancy Services Awarded 2010 SAP(R) Pinnacle Award
Global Partner Awards Recognize SAP Partners that Made Exemplary Contributions to SAP's Ecosystem
MUMBAI, India, May 28 /PRNewswire/ -- Tata Consultancy Services (TCS), (BSE: TCS.BO, NSE: TCS.NS) today announced that it has been awarded a 2010 SAP® Pinnacle Award in the "Global Partner Service Innovator" category. SAP Pinnacle Awards are granted to leading SAP partners that have excelled in enhancing the customer experience, addressing critical issues such as accelerating co-innovation and improving return on investment. Winners were selected based on more than 230 nominations in 27 categories received from partners and SAP employees. TCS received the award at a special awards ceremony held on the eve of SAPPHIRE® NOW, SAP's international customer conference held in Orlando, Fla. May 16 – 19, 2010.
"Pinnacle Awards are a testament to our leadership in providing implementation services in support of SAP® solutions globally," said Raman Venkatraman, global practice head - SAP & Microsoft, TCS. "At TCS, service innovation combines our leadership in leveraging industry expertise to understand customer pain points and translate them into repeatable solutions leveraging the SAP partnership to help ensure business benefits for our customers in a predictable manner with a lower TCO."
TCS became the first global services partner for SAP AG from Asia in 2006 and retains more than 6,900 consultants focused on SAP solutions spread globally. TCS is the first SAP partner from India to win an SAP Pinnacle Award for four consecutive years.
"The SAP ecosystem, through our partners and communities, continuously drives growth and success for our joint customers," said S. Singh Mecker, senior vice president and head, Global Ecosystem and Partner Group, SAP. "Our partners play a vital role in SAP's innovation efforts and in helping customers meet their most essential business challenges. We applaud TCS on its commitment and dedication to the SAP partnership. They have excelled in co-innovating with SAP to deliver unparalleled value and mutual business success to our joint customers."
About Tata Consultancy Services
Tata Consultancy Services is an IT services, business solutions and outsourcing organization that delivers real results to global businesses, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT and IT-enabled services delivered through its unique Global Network Delivery Model, recognized as the benchmark of excellence in software development. A part of the Tata Group, India's largest industrial conglomerate, TCS has over 160,000 of the world's best trained IT consultants in 42 countries. The company generated consolidated revenues of US $6 billion for fiscal year ended 31 March 2010 and is listed on the National Stock Exchange and Bombay Stock Exchange in India.
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SAP Forward-looking Statement
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
SOURCE Tata Consultancy Services
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