Market Research: TCS bag order from British carmaker JLR: Deal size and other details

Tata Consultancy Services (TCS), India’s largest IT services company, has entered into a strategic partnership with digital unit British car company JLR owned by Tata Sun. UK-based JLR is owned by Tata Motorsis a subsidiary of tcs Original Tata Sons. The deal is valued at £800 million ($1 billion) over the next five years. According to the company, TCS will transform, simplify and help manage the digital estate, and build a new future-ready, strategic technology architecture that will support JLR’s Reimagine strategy.
Reports suggest the deal (with possible extensions) is worth around £1.5 billion ($1.9 billion). The current 10-year deal is worth £840 million (about $1.0 billion).
What’s the deal with JLR Digital all about?
TCS has had a relationship with JLR Digital for over a decade. As a part of the new partnership, TCS will provide services ranging from application development and maintenance, enterprise infrastructure management, cloud migration, cyber security and data services. Through synergy with suppliers and economies of scale, the partnership aims to deliver substantial savings for JLR over the next five years, unlocking free cash flow for future reinvestment. TCS will leverage its relevant knowledge, deep domain expertise, proprietary platforms, vast partner ecosystem and future-ready talent pool to help JLR enhance its digital capabilities. As a part of the new partnership, TCS will provide a wide range of services spanning application development and maintenance, enterprise infrastructure management, cloud migration, cyber security and data services.
In addition to the new contract, TCS is partnering with JLR to help accelerate its vision of modern luxury customer experience to suit different markets globally. Anupam Singhal, Business Group Head, Manufacturing, TCS, said, “This is truly a bi-modal partnership, where the efficiency of lean operations will help finance the new digital core, while our relevant knowledge and expertise will mitigate risk and will accelerate that change.” ,
Nigel said, “Building world-class partnerships and maximizing the benefits of being part of the Tata Group is a key part of our Reimagine strategy. In line with this, we look forward to expanding our long-term relationship with TCS to accelerate our digital transformation.” Are happy.” Blenkinsop, Executive Director, Enterprise Performance and Quality, JLR. TCS has been operating in the UK for over 45 years and currently employs over 23,000 people in the UK and Ireland.
TCS in June won a deal from UK-based National Employment Savings Trust (NEST) to digitally transform its scheme administration services.