FOR RELEASE Thursday, July 15, 2004
NEWYORK – UGS, a leading global provider of product lifecycle management (PLM) software and services, and India’s Tata Consultancy Services (TCS), a leading global services organization in consulting, IT services, engineering and industrial services, asset based solutions, business process outsourcing, and IT infrastructure, today announced that TCS has joined the UGS Partner Program as a Strategic Partner. This new agreement, which builds on the longstanding relationship between the two companies, defines a more closely aligned marketing and delivery strategy enabling further leverage of TCS’ global presence and multi-industry expertise across UGS’ entire PLM product line.
UGS made the announcement in conjunction with its analyst/media briefing event being held July 14-15 in New York. The briefing is the first such event UGS has held since announcing on May 27 the closing of its sale by EDS to three private equity firms and its launch of operations as an independent software company under the UGS brand.
“Our relationship with TCS started more that 15 years ago, and has consistently grown every year to address multiple disciplines including global product development, marketing, sales and services,” said Raj Khoshoo, UGS vice president of Strategic Initiatives. “Today’s strategic partnership agreement represents the next evolutionary step in that relationship and will significantly enhance the ability of both our organizations to deliver world-class PLM products and services worldwide to traditional manufacturers as well as vertical industries such as healthcare and retail.”
Today’s announcement establishes TCS as a UGS Strategic Partner, the highest level of alignment under the recently redesigned UGS Partner Program announced on May 17. Under the terms of this agreement the two companies will work to create focused solutions based on UGS software products in key vertical markets such as healthcare, retail and manufacturing. The relationship will help UGS increase its opportunities to reach new markets and grow market share for its PLM products while TCS will enhance its delivery capabilities associated with several UGS products.
TCS now offers its consulting and implementation services along with sales and marketing support across UGS’ entire PLM product line including Teamcenter® – the world’s most widely used integrated PLM portfolio; NX™ – UGS’ leading solution for computer aided design, manufacturing and engineering analysis (CAD/CAM/CAE); and E-factory™ – a comprehensive suite of software applications for digital manufacturing management and simulation. UGS customers can leverage TCS’ expertise in a variety of areas including PLM services, knowledge-based engineering, product design and reengineering and NX migration services.
“The strong relationship we have enjoyed with UGS over the years has now been enhanced to further leverage the offerings, expertise and global resources of both our organizations,” said Shyam Johari, vice president-TCS America. “By effectively leveraging more of TCS’ multi-industry expertise and global presence we will expand our business opportunities while helping UGS to implement its world-class PLM solutions in a larger, more diverse market, thereby creating real value for our mutual clients.”
About Tata Consultancy Services (TCS)
Tata Consultancy Services (TCS) is a leading global IT services provider and was the first billion-dollar Indian IT services organization by annual revenues. Since its inception in 1968, TCS has pioneered many of the significant developments in the Indian IT services industry, including the offshore delivery model for IT services.
TCS is a global organization with offices in 32 countries and development centers in 10 countries. TCS offers a comprehensive range of IT services to its clients in diverse industries such as banking and financial services, insurance, manufacturing, telecommunications, retail, and transportation. TCS’ clients comprise of some of the world’s largest and well-known organizations. TCS has developed extensive experience in providing end-to-end IT services, integrating multiple technologies and delivering solutions in multiple geographies for its global clients. It is the largest Indian IT services organization in terms of revenues as well as profits.
TCS is a part of the Tata Group, which has a heritage of over 135 years as one of India’s leading corporate groups. The Tata Group has interests in a diverse range of industries, and had combined sales of approximately Rs. 542 billion (US$11.8 billion) in fiscal 2003. For more information on TCS, visit www.tcs.com.
UGSis a leading global provider of product lifecycle management (PLM) software and services with more than 3 million licensed seats and 42,000 clients worldwide. The company promotes openness and standardization and works collaboratively with its clients in creating enterprise solutions enabling them to transform their process of innovation and thus begin to capture the value of PLM.
Note: UGS, Teamcenter, NX and E-factory are registered trademarks or trademarks of UGS Corp. or its subsidiaries in the United States and in other countries. All other trademarks, registered trademarks or service marks belong to their respective holders.