Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has been recognized as a Leader in the NelsonHall NEAT for Digital Manufacturing Services
TCS has been positioned as a Leader in the Digital Manufacturing Services – Overall, NextGen Services
Capability and Monitoring and Security Capability. According to the report, TCS’ digital twin offerings
include connected products, connected operations, and connected worker use cases, and it is increasingly
investing in self-aware models.
TCS digital manufacturing build services around AR/VR, industrial automation and robotics, and additive
manufacturing have been recognized as key strengths. The report goes on to say that TCS brings skills and
capabilities, including design thinking and digital technologies such as analytics and AI, complementing its
digital manufacturing capabilities.
“Progressive manufacturers are partnering with TCS to leverage Digital Twins, computer vision, robotics,
and 3D printing to improve manufacturing operations, and make it resilient, adaptable and self-aware.
Our investments in innovative and new age technologies, next-gen manufacturing solutions, and diverse
partner ecosystem coupled with our strong contextual and domain knowledge, make us a preferred
strategic partner to these customers in their growth and transformation journeys,” said Regu Ayyaswamy,
Global Head, Internet of Things & Digital Engineering, TCS. “This Leadership recognition is a reflection of
our vision, strategy, capabilities, and market success in driving large scale transformations.”
TCS’ IoT business framework ‘Bringing Life to Things™’ helps customers build predictive and self-aware
systems that can sense and intelligently respond to changes in the physical environment. Using this
framework, organizations can create new, boundaryless and pervasive business models, seamless
customer experiences, optimized and responsive value chains, as well as enhance safety and security at
the workplace.
TCS leverages its unique consulting-led Value Discovery approach that brings together the right business
stakeholders from across functional groups of customer organizations to create their digital factory vision,
advanced manufacturing strategy and roadmaps. The company’s Industry 4.0 expertise and experience
across industries enable it to construct and drive a path to exponential value for its customers with
relevant use cases.
TCS offers a comprehensive portfolio of digital manufacturing related intellectual property and services
spanning consulting, design, development, verification and validation, deployment and system
integration, and managed services and support. Its proprietary digital manufacturing solutions for
operations transformation, focused on achieving an autonomous or lights out factory vision, are being
adopted by customers across manufacturing, consumer products and goods, automotive, aerospace,
energy, utilities, healthcare, life science and hi-tech industries. These include:
• TCS I4T Framework: A comprehensive framework to assess value through the realization phases
of an Industry 4.0 transformation journey. It helps identify automation and digital opportunities
across the manufacturing and supply chain operations. It focuses on understanding the
customer’s productivity, cost, digitization, and sustainability drivers, and through value analysis and organizational change readiness frameworks, provides visibility on opportunities that can
increase revenue, reduce costs, and improve margins.
• TCS OT Cybersecurity Framework: A digitized framework for manufacturing plants that provides
complete visibility into the current security posture and the roadmap to adopt a robust security
model. In the current scenario where OT security is of paramount importance, this framework
helps in keeping plants safe.
• TCS Gen 4-Work-AR: An IoT-based connected worker mixed reality solution to provide real-time
contextual information for better decision support, augmented collaboration with remote teams
and enhanced operational efficiency at the work site.
“TCS continues to invest in its digital manufacturing service portfolio, and takes a systematic approach
across offerings to bring depth and delivery repeatability,” said Dominique Raviart, IT Services Practice
Manager, NelsonHall. “TCS excels at offerings that combine an assessment of the client with IP that
differentiates TCS’ capabilities from competitors.”
Market Leadership and Client Goodwill Help TCS Bag UK
Superbrand Status
Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) has been
recognized as a UK Superbrand for the seventh consecutive year. The recognition acknowledges the
company’s exceptional business growth, its position as the top strategic IT player by revenue in the UK, its
number one ranking in customer satisfaction, and its community initiatives.
Superbrands is an annual survey that recognises the most successful brands in the world based on their brand
reputation, business performance, employee and customer satisfaction, and commitment to corporate social
responsibility. The ‘Superbrand’ status is awarded by an independent expert council, business executives and
consumers voting to reveal which company is admired the most in each geographical region.
TCS is helping some of the UK’s largest corporations define the blueprint for their business transformation,
embrace new technologies to explore innovative business models, enhance customer experience and
improve operational resilience. In the past year, as customers adopted the cloud and accelerated their digital
transformation journeys, TCS has expanded and deepened relationships, won more business, and clocked
revenues of £2.64 billion in FY 2021.
TCS is ranked number one by revenue among the top software and IT services companies in the UK by
independent analyst and advisory firm TechMarketView. TCS is also ranked number one in customer
satisfaction by CXOs of top IT spending organizations in the UK, in a survey by Whitelane Research. It received
a customer rating of 83%, significantly higher than the 72% industry average.
TCS currently employs over 18,000 people across 30 UK locations, with 54 nationalities represented as part
of its diverse workforce. Women make up 28 per cent of employees, much higher than the 17% average in
the UK IT sector. TCS has upskilled more than 90 per cent of its UK staff in the last two years, reflecting its
commitment to nurturing local IT talent. It has been named the #1 Top Employer in the UK by the Top
Employers Institute and among the Top 25 Best Big Companies to Work for in the UK.
TCS is also investing in tech professionals of the future, equipping young people with the skills and passion
to pursue STEM subjects and careers in the industry. TCS and its employees work closely with charities and
social enterprises to drive outreach and bridge the knowledge gap. Since its launch in 2013, TCS’ IT Futures
programme has reached over 300,000 UK students
Reiterating its commitment to promote the health and wellbeing of the local community, TCS recently
announced it would be the title sponsor of the London Marathon in 2022, as part of its marathon
sponsorships portfolio that includes Amsterdam, New York, and Mumbai. Last month it announced that it
will be the new title partner for Jaguar Racing, the iconic British racing team, ahead of the 2021/22 ABB FIA
Formula E World Championship.
The TCS brand continues to triumph as a strategic growth and transformation partner to some of the UK’s
largest and most storied businesses,” said Amit Kapur, Country Head, TCS UK & Ireland. “We are proud to
receive the UK Superbrand status for the seventh year in a row, in recognition of our strong commitment to
our customers, our employees, and the community.”
Infosys BPM to Create 250 Jobs in Ireland, With a New State-of-the-Art
Delivery Center in Waterford
Infosys BPM, the business process management arm of Infosys
(NYSE: INFY), today announced that it is expanding its presence in Ireland, creating 250 jobs locally with
the development of a new delivery center in Waterford.
Infosys BPM started its Ireland operations in Dublin in 2014, delivering exceptional service offerings across
telecommunications, manufacturing, social media, healthcare, edtech, and fintech sectors. The company
has since then, further expanded in Ireland through its offices in Waterford, Wexford, Clonmel, and
Craigavon
The new center in Waterford will provide voice support, customer service and technical support operations
for large global enterprises. The new roles will cover several functions across various job levels, spanning
a multitude of skills from customer and technical support roles to subject-matter-experts in the areas of
finance, HR, planning, and capacity management.
The employees will be working at the cutting edge of innovation in the digital space, consistently providing
anytime-anywhere experiences to empower some of the world’s largest organizations in navigating their
digital transformation journeys. In line with the company’s mission to develop the workforce through
continuous learning, Infosys will provide critical training and growth opportunities to nurture the next
generation of digital talent.
The 250 new roles in Ireland will build on Infosys’ recently announced 1,000 jobs in the UK, reinforcing the
company’s commitment to supporting post-pandemic economic growth in the region.
Leo Varadkar TD, Tánaiste and Minister for Enterprise, Trade and Employment, Ireland, said:
“Congratulations to the entire Infosys BPM team, on this impressive expansion which will result in the
creation of 250 new jobs in Waterford. This is a great boost for the South East and demonstrates the
attractiveness of Ireland as a location for investment from leading companies from around the world. The
best of luck to the team, I trust you will be very happy in Waterford.”
Anantha Radhakrishnan, MD & CEO, Infosys BPM, said, “The launch of the new center is a testament
to our continued focus on the workplace of the future, grounded in building a robust talent pool with strong
digital skills. This investment in Ireland builds on our long-standing commitment to developing a highly
skilled workforce in Ireland and our focus on achieving breakthrough innovation for our clients in a
collaborative environment. Hiring the best of talent will not only offer a significant boost to the regional
economy, but also substantially enhance growth opportunities for us. This will further enable us to deliver
amplified business value for our clients with agility and a superior stakeholder experience.”
Infosys Finacle and Efma Report finds Pandemic Has Accelerated Retail Banking
Innovation
Infosys Finacle, part of EdgeVerve Systems,
a wholly-owned subsidiary of Infosys (NSE, BSE, NYSE: INFY), and the European Financial Management
& Marketing Association (Efma) today unveiled the 13th edition of the annual ‘Innovation in Retail Banking’
report, authored by Jim Marous, publisher of the Digital Banking Report and co-publisher of The Financial
Brand. Senior executives from over 1,165 banks and financial services companies from across the world
participated in the study
The key inferences in the report state that 14 percent of the respondents - up from 7 percent last year - said
their organization’s digital transformation had scaled, and delivering as expected. 64 percent of the
respondents believe that pandemic has made them substantially more successful at innovation. Overall,
more than half the respondents continue to rate their organizations’ digital transformation efforts as
insufficient, similar to last year’s report. 57 percent of respondents stated that their digital deployment were
partial or that digital investments were not delivering as expected
One of the areas that witnessed significantly accelerated innovation during the pandemic was digital
delivery – from onboarding to service, and to engagement. Lockdowns and social distancing meant that
banks had to expand the remote service of customers in an unprecedented manner. 44 percent of
respondents said they had increased investment in digital delivery by more than 10 percent. Respondents
expected enhanced investments in customer experience (78 percent) and channels (72 percent), which are
key components of digital delivery, in 2021 and beyond as well.
HCL Technologies and apoBank Come Together to Acquire German IT
Consulting Company gbs
HCL Technologies (HCL), a leading global
technology company, and Deutsche Apotheker- und Ärztebank eG (apoBank), the largest cooperative primary
bank in Germany, have signed with Atruvia AG an agreement to acquire IT consulting company Gesellschaft für
Banksysteme GmbH (gbs).
The transaction is expected to close in Jan. 2022, subject to closing conditions, including regulatory approvals.
Post-closing, HCL will own 51%, while apoBank will own 49% stake of gbs. apoBank is currently a 10%
shareholder and is increasing its stake in gbs from 10% to 49%.
This strategic acquisition will add an edge to HCL’s existing capabilities to accelerate digital transformation and
further enhance HCL’s scale in Germany. HCL’s existing strengths, combined with gbs’ portfolio, will enable HCL
to expand within the German financial services sector. HCL and apoBank will leverage gbs’ in-depth knowledge
of the cooperative banking sector and regulatory expertise to offer next-generation services to its clients. This
collaboration is in line with HCL’s investments in a local delivery model supported by a highly skilled German
workforce.
“Germany is one of the largest economies in Europe and is, therefore, a strategic region for HCL,” said Sudip
Lahiri, Senior Vice President and Head of Financial Services, Europe, HCL Technologies. “We’re excited to
welcome gbs to HCL and look forward to playing a significant role in shaping the digital transformation journey
and providing next-generation services to our German clients leveraging Fenix 2.0 (HCL’s industry leading digital
transformation framework). There’s a great alignment between both organizations and together with gbs, HCL
will further augment expertise in the financial services portfolio which will expand our footprint in the region.”
“HCL’s innovative delivery models and financial services expertise, along with gbs’ knowledge of the cooperative
banking sector, local IT and regulatory requirements is a winning combination,” said Johannes Kermer, Divisional
Board Member for IT and Operations at apoBank. “HCL is already a trusted apoBank IT services partner and
this strengthens our relationship further.”
“We are confident HCL and apoBank are the ideal owners of gbs,” said Martin Beyer, Board Spokesman and
Head of Corporate Development, Atruvia. “gbs will continue to be part of the IT ecosystem to service the
cooperative banking sector and will support and collaborate with Atruvia to service our joint clients.”
HCL Technologies has eight offices in Germany, including its regional headquarters in Eschborn. Its more than
1,800 employees serve 18 of DAX 40 companies. HCL’s state-of-the-art banking innovation center in Eschborn
and an upcoming fintech lab in Berlin offer technology expertise to organizations globally.
Gland Pharma receives Tentative Approval for Cangrelor for Injection
Gland Pharma Limited, a generic injectable focused pharmaceutical
company, received a tentative approval from the United States Food and Drug Administration (US FDA) for
Cangrelor for Injection, 50 mg/vial Single-Dose Vials.
Gland Pharma believes that we are amongst one of the first to files for this product and may be eligible for
180 days of generic drug exclusivity.
Gland Pharma will launch the product with its marketing partner on receipt of final approval.
Genesys International appoints Mr. Sudhir Pradhan as President
(Geospatial Platform)
Genesys International Corporation has
announced the appointment of Mr. Sudhir Pradhan as President (Geospatial
Platform). The appointment comes as a part of the company’s ongoing effort to
deepen the professional capability and continuing of its growth trajectory.
Mr. Sudhir Pradhan has 28 years of rich experience in Telecom, FMCG, Consumer
Durables and Automobile Sectors. Previously he held senior positions in
Vodafone Idea and he was also on the Management Committee of Idea Cellular.
At PepsiCo he was Executive Vice President wherein he was awarded the PepsiCo
Chairman’s ‘President Ring of Honour‘, the highest sales performance award in
PepsiCo Inc. He started his career at Tata Motors. Over his career, Mr. Sudhir
Pradhan has demonstrated strong leadership skills resulting in growth in all the
businesses he has handled.
Chairman & Managing Director Mr. Sajid Malik said, “We are excited about him
joining Genesys at the cusp of our major transformational project in the digital
twin space”.
Mr. Sudhir Pradhan has done his engineering from Delhi College of Engineering
and has done his MBA from IIM Bangalore
Alembic Pharmaceuticals receives USFDA Tentative Approval for Selexipag
Tablets, 200 mcg, 400 mcg, 600 mcg, 800 mcg, 1,400 mcg, and 1,600 mcg.
Alembic Pharmaceuticals Limited (Alembic) today announced that the Company has
received tentative approval from the US Food & Drug Administration (USFDA) for its
Abbreviated New Drug Application (ANDA) for Selexipag Tablets, 200 mcg, 400
mcg, 600 mcg, 800 mcg, 1,400 mcg, and 1,600 mcg. The tentatively approved
ANDA is therapeutically equivalent to the reference listed drug product (RLD) Uptravi
Tablets, 200 mcg, 400 mcg, 600 mcg, 800 mcg, 1,400 nicg, and 1,600 mcg, of
Actelion Pharmaceuticals, Ltd. (Actelion). Selexipag Tablets are indicated for the
treatment of pulmonary arterial hypertension (PAH) to delay disease progression and
reduce the risk of hospitalization for PAH.
Selexipag Tablets, 200 mcg, 400 mcg, 600 mcg, 800 mcg, 1,400 mcg, and 1,600
mcg have an estimated market size of US$ 461 million for twelve months ending
September 2021 according to IQVIA.
Alembic has received year to date (YTD) 15 approvals (11 final approvals and 4
tentative approvals) and a cumulative total of 154 ANDA 'approvals (134 final
approvals arid 20 tentative approvals) from USFDA.
ABB India partners with Indore Smart City
Development Limited to provide continuous
power supply in Indore
ABB has partnered with Indore Smart City Development Limited (ISCDL) to deploy next-generation digital technology
that enables the continuous supply of electricity to homes and businesses. In the first phase of the collaboration, this
technology has enabled more than 2300 connections to achieve 24/7 electricity supply with an efficient automatic
response system (ARS) in case of power outages or disruption. ABB and ISCDL now plan to replicate the same model
in other areas of the city and position Indore as the model for smart city projects across India.
Indore is the largest city in Madhya Pradesh and home to over three million people and several key industries in the
state. Indore is also part of the Central Government’s mission to develop 100 smart cities across the country. One of the
key parameters of a smart city is the 24/7 supply of electricity to enable digital transformation and the supply of key
services to citizens. Indore has set its target to boost the smart city development in sync with its ‘swachh’ identity in
the world.
ABB’s Compact Secondary Substations (CSS) used in the project reduces downtime by providing steady and reliable
power supply through digitally enabled SCADA solutions. The CSS also has inbuilt Feeder Remote Terminal Units
which keep a real-time check on consumption by each household, maintain healthy network, and quick restoration of
electricity through remotely monitored SCADA system. ABB’s integrated Feeder Terminal Units are hooked to SCADA
Centre, which enables control and monitoring of low voltage connections and provide real-time feedback on power
distribution related data. The previous manual process resulted in frequent power outages. The compact substations are
also tested for personnel safety, contributing to the objective of achieving safe and smart power distribution for the
city.
ABB’s Compact Substations are manufactured locally in India, in-line with ABB’s commitment to the ‘Make in India’
vision and to develop domestic best-in-class manufacturing capabilities
Kiran Dutt, President – Electrification business, ABB India said, “We are happy to partner with the Indore Smart City
Development Limited to support Indore in becoming a next-generation smart city. ABB’s world-class digital solutions
will enable the regular supply of electricity which is vital for the growth of a vibrant city such as Indore.”
Commenting on the partnership, Rishav Gupta, IAS, CEO, ISCDL said, “We are delighted to collaborate with ABB in
our mission to develop the smart city of Indore. Efficient electrification is the backbone of a smart city and ABB’s
technology-led approach has shown promising results in the first phase of deployment. It has resulted in a reduction
in the number of outages and faster resolution in case of disruptions.”
Amit Gupta of Abhinav Enterprises, Channel Partner of ABB since the last 14 years, said, “We are pleased to be associated with ABB and ISCDL to serve the people of Indore and provide leading world-class technology, making Indore a
smart city. We look forward to partnering on more such projects with ABB to serve Madhya Pradesh and bring to life
the smart city aspirations of the country.”