TCS' ERP on Cloud Platform to Help Wavin Drive Growth in New Markets

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, announced that Wavin, a Netherlandsbased global innovative solutions provider for the building and infrastructure industry, has successfully deployed the TCS ERP on Cloud platform to achieve its business expansion in new growth markets in Indonesia and India.

To realize its growth strategy in newer markets in the Asia-Pacific region, Wavin was looking for an ERP solution that could deploy quickly, was easy for users to learn and adopt, and was resilient and scalable. The company selected the TCS ERP on Cloud platform that provides hosted ERP applications and services that can be rolled out rapidly across core enterprise processes such as procurement, supply chain management, manufacturing, sales and distribution, finance and accounting.

The new platform will help Wavin drive growth in new markets, leveraging its best-in-class process designs, its intuitive user interface to promote quick adoption, and its real-time analytics and insights for superior decision making.

"The partnership with TCS for their ERP on Cloud platform is pivotal to our expansion strategy and cloud first approach," said Allan Jones, Global VP - IT, Wavin. "By leveraging the out-of-the-box solution with TCS' experience in localized deployments, end to end capabilities and single point of accountability will enable faster deployment, better user adoption, resilient and scalable processes."

"We are delighted to partner with Wavin in their business expansion journey in the Asia-Pacific region. Our ready-to-deploy ERP on Cloud platform with pre-configured processes and embedded best practices delivers unparalleled value to our customers and helps them succeed in the digital economy," said Raj Agrawal, Global Head, TCS Platform Solutions.

The TCS ERP on Cloud Platform offers hosted ERP applications and services for global enterprises keen to benefit from TCS' solution frameworks, alliance partnerships, ERP expertise and flexible business models. It is hosted on a highly secured and accredited public or private cloud environment and offered through Software-as-a-Service and Business-Process-as-a-Service models, providing a single point of ownership, improved performance metrics and adherence to service level agreements.

Shares of TATA CONSULTANCY SERVICES LTD. was last trading in BSE at Rs.3144.1 as compared to the previous close of Rs. 3163.1. The total number of shares traded during the day was 108317 in over 11388 trades.

The stock hit an intraday high of Rs. 3220 and intraday low of 3127. The net turnover during the day was Rs. 341034270.

Source : Equity Bulls

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