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Scandinavia's largest airline will adopt TCS'
proven cloud-based Finance & Accounting platform
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Multi-year agreement to improve productivity of
processes across SAS' 30+ country operations
Stockholm, July 17, 2012: Tata
Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a
leading IT services, consulting and business solutions
organization, announced that it has entered into a
multi-yearagreement with Scandinavian Airlines
(SAS), wherein SAS will adopt TCS' Finance & Accounting
(F&A) platform for its operations across 30+ countries.
Founded in 1946, SAS is the Scandinavian region's largest
airline and holds the reputation of being Europe's most
punctual airline.
"The selected TCS platform addresses the
key objectives SAS defined from the project's inception -
to simplify, standardize and automate processes with one
solution instead of multiple solutions, as well as to
integrate best practices and drive productivity
improvements. Additionally, TCS' experience with large
scale strategic projects and the partnership-based approach
towards their customers was especially appealing to us,"
said Håkan Borglund, Vice President Back Office Systems,
SAS Group.
The agreement underscores TCS' non-linear growth
strategy in key markets. TCS' F&A platform
provides pre-built and pre-configured financial processes
and tools, which make it an efficient and rapid solution to
implement. It will be provisioned under a Cloud model
including infrastructure, applications, IT maintenance and
multiple platform developments over the duration of the
engagement. The platform is designed to conform to the
latest global statutory and legal norms, such as IFRS and
GAAP.
"SAS is renowned for being the most punctual airline
in Europe. TCS' F&A Platform, with its metrics-driven
delivery model, will assure SAS of accuracy, timeliness and
total control over its financial processes. We look forward
to working with SAS and providing them the benefits of an
industry leading solution that is enriched by our global
best practices," said Raj Agrawal, Global Head, TCS'
Platform Solutions.
TCS' Nordic operations comprise over 4,500
professionals working across Sweden, Finland, Norway,
Denmark and Iceland. TCS had recently been recognized by a
KPMG surveyof 340 top Nordic companies as
the #1 company in terms of customer satisfaction for the
third consecutive year.
"One of our defining values is to help customers lead
change. We have been advising over 75 clients toward the
evolution of their cloud strategies and helping them stay
ahead of the curve in their industries. SAS' choice
reconfirms the findings from TCS' 2012 cloud
adoption studyof over 600 large global
companies, which concluded that the needs to standardize
business operations and underlying applications along with
flexibility are the two most significant drivers for cloud
adoption," saidAmit Bajaj, Head, Nordic and
Baltic Region, TCS.
About SAS Scandinavian Airlines
SAS Scandinavian Airlines is Northern Europe's
leading airline with almost 700 daily flights to close
to 100 destinations in Scandinavia, Europe, the US and
Asia. SAS offers a wide range of innovative travel
solutions in order to make customers' travel as time
efficient and smooth as possible. SAS is also Europe's most
punctual airline for the third year in a row. For more
information, please see: www.sasgroup.net
.
About Tata Consultancy Services Ltd. (TCS)
Tata Consultancy Services is an IT services,
consulting and business solutions organization that
delivers real results to global business, ensuring a level
of certainty no other firm can match. TCS offers a
consulting-led, integrated portfolio of IT, BPO,
infrastructure, engineering and assurance services. This is
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 243, 000 of
the world's best-trained consultants in 42 countries. The
company generated consolidated revenues of US $10.17
billion for year ended March 31, 2012 and is listed on the
National Stock Exchange and Bombay Stock Exchange in India.
www.tcs.com.
TCS Media Contacts:
Global:
Email: pradipta.bagchi@tcs.com
Phone: +91 22 6778 9999
Europe / UK:
Email: abhinav.kumar@tcs.com
Phone +32 22821927
UK:
Email: ashish.babu@tcs.com
Phone: +44 078 418 92227
India:
Email: h.ramachandra@tcs.com
| shamala.p@tcs.com
Phone: +91 22 6778 9078 | +91 22 6778
9081
USA / Canada:
Email: m.mccabe@tcs.com
Phone: +1 646 313 4594
Asia Pacific:
Email: sean.davidson@tcs.com
Phone: +65 9139 3668
Nordic Region:
Email: suzanna.abarca@tcs.com|
jan@northernlinkpr.com
Phone: +46 701 043 747 | +46 707 160
68
Denmark:
Email: mikkel@morsingpr.dk
Phone:
SAS Scandinavian Airlines Media Contact:
Global:
Email: anders.lindstrom@sas.se
Phone: +46 709 97 3394
# # #
+45 61 30 33 82
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