MUMBAI, India and DALLAS, Texas - Jan. 16, 2007: Tata Consultancy Services (TCS), (BSE: TCS.BO, NSE: TCS.NI), a leading global IT services and consulting firm, has signed a multi-year agreement to provide information technology infrastructure support to Kimberly-Clark Corporation's (NYSE: KMB) operations in the United States, Europe, South America and the Asia Pacific region. Other terms of the agreement were not disclosed.
"Kimberly-Clark chose TCS to provide infrastructure support because of the compelling value that TCS brings to the table," said Ian Maginnis, Kimberly-Clark vice president of business support delivery. "We believe this partnership with TCS will help us derive more value out of our IT investments, allow us to streamline the way we do our business globally, and enable us to better direct our resources on innovation, brand-building and other capabilities that will drive long-term sustainable growth."
Services that TCS will provide include: service desk and data center operational support, computer security, SAP basis, data network, desktop, voice, messaging and videoconferencing.
"By leveraging our large scale, we are able to provide cost effective solutions to our customers allowing them to focus their resources on critical business tasks," said N. Chandrasekaran, Executive Vice President and Head, Global Sales and Operations, TCS. "In addition, TCS is flexible enough to meet future business demands. Kimberly-Clark understands the value that we will deliver to their company and we are confident that this partnership will achieve the desired business results."
In the December 2006 report by Forrester Research Inc entitled, "The Forrester Wave™: Global Delivery Infrastructure Management For Europe, Q4 2006", TCS was named a leader in the offshore infrastructure management services "with the broadest infrastructure management portfolio" among other India based service providers.
TCS has made significant investments and has delivered business effectiveness by aligning IT infrastructure to many of its global client's business objectives. TCS provides end-to-end infrastructure solutions with a comprehensive set of offerings which help its clients extract enhanced value and business effectiveness from their IT investments.
About Tata Consultancy Services
Tata Consultancy Services Limited (TCS) is the world leading information technology consulting, services, business process outsourcing and engineering services organization that envisioned and pioneered the adoption of the flexible global business practices that today enable companies to operate more efficiently and produce more value. TCS achieved this by creating and perfecting a unique method of global deployment and delivery of high quality, high value services and products in IT consulting and business process outsourcing. Known as the "Global Network Delivery Model," this strategic services delivery concept has reshaped the IT services industry.
More than 95% of TCS customers reward the company's reliability, passion, creativity, and unique ability to handle the broadest range of their IT needs by continually extending and deepening their partnerships with TCS. With over 70,000 of the world's best trained IT consultants located in 35 countries, TCS is uniquely positioned to deliver its flexible world class services seamlessly to any location. TCS reported consolidated revenues of $2.97 billion (U.S.) in the fiscal year 2005-2006. The company is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information:www.tcs.com.
About Kimberly-Clark
Kimberly-Clark and its well-known global brands are an indispensable part of life for people in more than 150 countries. Every day, 1.3 billion people-nearly a quarter of the world's population-trust K-C brands and the solutions they provide to enhance their health, hygiene and well-being. With brands such as Kleenex, Scott, Huggies, Pull-Ups, Kotex and Depend, Kimberly-Clark holds the No. 1 or No. 2 share position in more than 80 countries. To keep up with the latest K-C news and to learn more about the company's 134-year history of innovation, visit www.kimberly-clark.com.