TCS to drive digital transformation of Dutch chipmaker NXP Semiconductors
As part of the deal,
will drive NXP’s integrated IT strategy across apps, IT infrastructure and workplace services spanning enterprise, manufacturing and engineering functions, according to a regulatory filing on Monday.
“Leveraging its unique machine-first approach, deep contextual knowledge of semiconductor industry and proven capabilities across next-gen technologies such as AI and automation, TCS will develop a business-centric operating model that harnesses synergies across the value chain,” TCS said in the filing. The new, secure IT landscape will significantly improve operational resilience, speed up innovation and drive a superior user experience.
Additionally, TCS will accelerate NXP’s cloud adoption to enhance business agility and build a future-ready digital foundation that supports its growth and transformation agenda.
“TCS demonstrated an understanding of NXP’s environment and identified transformational opportunities,” NXP’s chief information officer and senior vice president Olli Hyyppa said. “They will be a crucial partner in building our vision of an agile and lean IT environment that is essential to keep pace with our ever-growing drive to innovate.”
On Monday, TCS shares rose 1.38% to Rs 3,843.90 apiece on the BSE while the benchmark Sensex ended the day 0.22% lower at 58,177.76 points.
ALSO READ TECH NEWSLETTER OF THE DAY
The pandemic has by turn boosted and hobbled ecommerce platforms but Flipkart for one seems to have thrived on the whole, based on its latest numbers, which we report exclusively today.
Read Now
( News Source :Except for the headline, this story has not been edited by Rashtra News staff and is published from a economictimes.indiatimes.com feed.)
Related searches :
