Tata Consultancy Services : TCS Signs ICT Infrastructure Contract...

New strategic contract with leading Nordic media group Bonnier will implement best-practice technologies to help the firm consolidate and rationalize its ICT operations

STOCKHOLM | MUMBAI, April 24, 2018: Tata Consultancy Services (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization has partnered with Bonnier AB, one of the Nordic region's most established media conglomerate, to help the company consolidate and rationalize computing and telephony infrastructure and secure robustness in ICT operations and processes.

Kamal Bhadada, President, Communication, Media and Information Services (CMI) Business Group at TCS said: 'Business 4.0 has brought us on the cusp of a digital future where a perfect storm of technologies - cloud computing, artificial intelligence (AI), automation, big data and analytics, and the Internet of things (IoT) - is transforming the Media industry. This new digital, micro consumption and subscription based, socially driven and globally accessible ecosystem calls for a robust, scalable and efficient ICT operation to succeed and thrive. We are incredibly excited to leverage our global experience to support Bonnier group on their digital transformation journey'.
Göran Öhrn, CFO at Bonnier AB, said: 'With the news and media world changing dramatically as a result of new technologies, we wanted to create more efficient infrastructure for Bonnier and at the same time free up resources for our continuous digital transformation of the Group. Also, new regulations like GDPR, and external cyber threats, are creating new demands that can be resolved more easily with more coordinated ICT. With TCS' experience in the sector, its knowledge of ICT technologies as well as its reputation for excellent customer service, we're excited to work with the company on our ICT transformation journey.'

Avinash Limaye, Country Manager, at TCS Sweden said 'In TCS, we are proud to be selected by Bonnier as their partner in digital transformation. We will bring to bear our Machine First Delivery Model ™ (MFDM), to accelerate the digitization of IT processes through cloud adoption and DevOps enablement. TCS' MFDM solution is capable of predicting and controlling processes designed to drive higher satisfaction, speed, and robustness in IT operations, not only for IT service levels, but for the business goals themselves.'

About Bonnier

Bonnier is a media group working in TV, daily newspapers, business and trade press, magazines, film, books and digital media. With a base in the Nordic region and a substantial presence in the U.S., Germany, the U.K. and Eastern Europe, Bonnier has operations in 14 countries around the world and over 8,000 employees. Bonnier has been publishing high-quality media products since its start in 1804.

The company has always combined a commitment to freedom of speech with a business focus. The company is wholly owned by the Bonnier family, which has been running it for seven generations.

About TCS Nordics

Present in the Nordics since 1991, TCS™ has around 9,000 professionals working in Sweden, Finland, Norway and Denmark delivering a consulting-led, integrated portfolio of IT-enabled services through its unique Global Network Delivery Model™. With research-based customer solutions developed in the global TCS Innovation Labs, TCS keeps a strategic focus on value sourcing and a strong digital transformation agenda, which essentially makes TCS the obvious choice for Nordic companies when defining and choosing their digital solutions. Furthermore, TCS has consistently been rated number one in multiple surveys for Nordic IT services customer satisfaction over the past 8 years. In 2017, for the fifth consecutive year, the Top Employers Institute granted TCS a Top Employer in Europe certificate, with Sweden, Norway and Denmark among the markets where TCS was number one.

About Tata Consultancy Services Ltd. (TCS)

Tata Consultancy Services is an IT services, consulting and business solutions organization that partners with many of the world's largest businesses in their transformation journeys. TCS offers a consulting-led, Cognitive powered, integrated portfolio of IT, Business & Technology Services, and engineering. This is delivered through its unique Location Independent Agile delivery model, recognized as a benchmark of excellence in software development. A part of the Tata group, India's largest multinational business group, TCS has over 394,000 of the world's best-trained consultants in 46 countries. The company generated consolidated revenues of US $ 19.09 billion for year ended March 31, 2018 and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. For more information, visit us at www.tcs.com.

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