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TCS Bags Deal From Deutsche Lufthansa: Stock Up
Tata Consultancy Service said that the company has been selected by Deutsche Lufthansa AG to provide testing service and help improve the quality of services of their technology operations.
The deal is part of Lufthansa's IT-transformation initiative to accelerate speed to market, improve customer experience and enable innovation and continuous improvement.
TCS will pioneer and manage the enterprise testing services by setting up a test factory model across Lufthansa to stream line and standardize their testing processes, reduce CAPEX and implement next gen services.
TCS has emerged as a clear partner of choice for leading airlines looking to reinvent themselves and transform their technology landscape to a digital estate. In 2015, the company has been awarded the "Leading Vendor Award" for Quality Assurance and Testing Services at TESTA and has also been recognized as a Leader in the Assurance and Testing space by leading research firms such as Everest Group, HfS Research, NelsonHall and Ovum.
Roland Schutz, CIO Lufthansa German Airlines said that he has always maintained that Lufthansa's success has been built on collaboration and key strategic partnerships. "We have a history in collaborating with global market experts, such as Tata Consultancy Services.
TCS' deep domain knowledge in the aviation business as well as their ability to demonstrate thought leadership had a significant impact on our decision to team up with them. We look forward to further enable our business through TCS' innovative and intelligent solutions, he added.
Shares of the TCS were seen trading at Rs 2405, higher by 1.26 per cent on BSE at 2.30 pm IST. It touched an intra-day high of Rs 2414 during trade.
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