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India’s largest IT services company Tata Consultancy Services on Monday opened its new delivery centre in Suresnes, France.
The delivery centre, which is located in the Parisian region, can accommodate up to 230 employees, TCS said in a statement.
Along with TCS’ existing locations in Lille and Poitiers, the new delivery centre highlights the company’s growing focus on the region as IT services firms look beyond US to grow their revenues. Europe is one of the fastest-growing regions for TCS.
Rammohan Gourneni, TCS France Country Head, said, “The region stands at an incredibly exciting point in technological history, and as Europe’s third largest IT services market we are perfectly placed to ensure TCS’ innovative solutions can help French businesses grow and transform in the Business 4.0 era. ” The launch of “Paris DC” follows the French government’s huge investment into digital technology, with President Emmanuel Macron recently outlining his strategy to invest €1.5 billion into AI over the next four years.
“As TCS celebrates 50 years of operations and 25 years of presence in France, the opening of this delivery centre marks a new step in our development in this strategic market,” said Rajesh Gopinathan, CEO and Managing Director, TCS.
Since establishing operations in France in 1992, TCS has gone from strength to strength in the region.
In 2006, TCS acquired its then representative and exclusive partner in France, TKS. The acquisition laid the foundation for TCS’ long-term strategic growth into Europe’s third largest IT services market, and was followed by the opening of a first delivery centre in Lille in 2012, the acquisition of Alti in 2013, and the opening of second delivery centre in 2014 in Poitiers.
In two years, TCS doubled the number of employees at this centre.
Over the past five years, TCS’ growth in France has been strengthened by the development of the business sector, and the signing of major contracts with French multi-national customers.
For example, TCS and BNP Paribas Securities Services partnered to build a solution for the asset servicing sector with TCS’ blockchain Quartz technology.
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