Siemens, TCS Expands Partnership to Deliver Product Performance Intelligence through Big Data Analytics
- Joint solution could unearth product knowledge with big data analytics
- Cloud-based Omneo SaaS may identify/resolve product issues in seconds
Mumbai, India May 17, 2016: Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading global IT services, consulting and business solutions organization, and Siemens, (ETR: SIE) a leading global technology powerhouse, are leveraging their longstanding partnership to expand and enhance the delivery of big data analytics to the global manufacturing industry.
Siemens’ product lifecycle management (PLM) software business will support TCS’ big data experts in the delivery and effective use of the Siemens Omneo™ Performance Analytics solution. By leveraging Omneo big data analytics, which is provided as a cloud-based software as a service (SaaS) offering, manufacturers will have the potential to unearth product performance intelligence that will enable them to identify and resolve complex product issues in seconds instead of days. Omneo creates a complete big-data picture of product performance by connecting, unifying and contextualizing big-data sources – such as PLM, enterprise resource planning (ERP), manufacturing execution systems (MES), quality management systems (QMS), and customer relationship management (CRM) – into one easily accessible hub.
TCS’ experience on the Omneo platform will bring extensive domain and globaltechnology experience that will accelerate the process of continuous platform engineering and enrichment. This collaboration will build statistical tools and industrial solution accelerators to simplify and automate the processes on product performance intelligence.
“Through its ability to analyze massive data combinations in seconds, our Omneo solution can help our customers reveal the hidden intelligence that pinpoints the source of product issues,” said Tony Hemmelgarn, Executive Vice President, Sales, Marketing and Service Delivery, Siemens PLM Software. “Combining the power of this cloud-based solution and our PLM expertise with the world-class IT services, consulting, business, and big data expertise of TCS, we can help more manufacturers worldwide leverage big data to significantly improve product development efficiency and innovation.”
“The rise of digital technologies including Big Data and the Internet of Things are driving radical changes across the manufacturing sector,” said ReguAyyaswamy, Global Head of Engineering and Industrial services, Tata Consultancy Services. “Technologies like Siemens Omneo have the potential to revolutionize the manufacturing sector, giving businesses the ability to track and monitor product performance and then react accordingly.”
TCS has an extensive range of industry-leading big data solutions, including strategy definition, use case identification, enterprise application integration, data governance application development and maintenance, testing, advanced analytics, and predictive modeling. TCS works with some of the world’s leading manufacturers, delivering the global reach and the diverse technical, language and domain-specific capabilities they need to adapt and succeed in the digital economy.
Siemens PLM Software, a business unit of the Siemens Digital Factory Division, is a leading global provider of product lifecycle management (PLM) and manufacturing operations management (MOM) software, systems and services with over 15 million licensed seats and more than 140,000 customers worldwide. Headquartered in Plano, Texas, Siemens PLM Software works collaboratively with its customers to provide industry software solutions that help companies everywhere achieve a sustainable competitive advantage by making real the innovations that matter. For more information on Siemens PLM Software products and services, visit www.siemens.com/plm.
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About Tata Consultancy Services Ltd. (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPS, infrastructure, engineering and assurance services. This is delivered through its unique Global Network Delivery Model™, recognized as the benchmark of excellence in software development. A part of the Tata group, India’s largest industrial conglomerate, TCS has over 353,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $16.5
billion for year ended March 31, 2016 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com.
Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. The company is active in more than 200 countries, focusing on the areas of electrification, automation and digitalization. One of the world’s largest producers of energy-efficient, resource-saving technologies, Siemens is No. 1 in offshore wind turbine construction, a leading supplier of gas and steam turbines for power generation, a major provider of power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. The company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2015, which ended on September 30, 2015, Siemens generated revenue of €75.6 billion and net income of €7.4 billion. At the end of September 2015, the company had around 348,000 employees worldwide. Further information is available on the Internet at www.siemens.com.
Note: Siemens and the Siemens logo are registered trademarks of Siemens AG. Omneo is a trademark or registered trademark of Siemens Product Lifecycle Management Software Inc. or its subsidiaries in the United States and in other countries. All other trademarks, registered trademarks or service marks belong to their respective holders.