Tata Consultancy Services (TCS) on Thursday (March 21) said it has signed a multimillion-dollar deal to transform the global IT infrastructure for Denmark-headquartered Ramboll.
Over the next seven years, TCS will modernise and streamline Ramboll's IT operating model to drive business growth and optimise the IT cost base, India’s largest IT services company said in a regulatory filing.
TCS will also manage Ramboll's cloud and data centres, application development and maintenance, cyber security and digital workplace. This will set a digital foundation for Ramboll's business growth, help reduce its climate footprint, and increase scalability.
Thomas Angelius, Senior Group Director and Chief Information Officer, at Ramboll, said, "To continue our upward trajectory, we recognised the need for a trustworthy partner who can help us build a standardised, scalable IT platform that allows for innovation and is agile enough to foster creativity. We are thrilled to have chosen TCS, a proven expert in large-scale complex digital transformations, for this global project.”
Operating across 35 countries and with a revenue of more than DKK17 billion, Ramboll offers sustainable solutions to enterprises. Rapid growth in the past few years, including via mergers and acquisitions, has resulted in a complex IT architecture and operations structure with unsustainable costs and little room for large-scale transformations.
TCS will help reduce costs and realise economies of scale within Ramboll's IT estate. This will be achieved by streamlining and consolidating the IT architecture and operations structure.
Ramboll will also get access to the rich contextual knowledge in TCS, innovations and technologies. As a part of this strategic partnership, TCS will also induct more than 300 Ramboll IT employees in 12 countries.
V. Rajanna, President, Technology, Software and Services, TCS, said, "We are pleased to be selected as Ramboll's strategic technology partner to transform its IT operating model. The partnership shall help Ramboll with a scalable, future-ready IT platform driving business agility. TCS will leverage the power of data, cloud, and analytics to help Ramboll drive intelligent business transformation and enterprise-wide growth."
Shares of Tata Consultancy Services Ltd ended at ₹3,974.05, up by ₹3.60, or 0.091%, on the BSE.
