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TCS and Felda Prodata sign strategic collaboration
TCS and Felda Prodata Systems (Prodata) have signed an agreement to jointly develop
and deliver strategic information technology services and solutions to the Malaysian
market. Both the organisations will jointly identify opportunities to participate in tenders
from government offices. This collaboration is the first between the two organisations to
pool their expertise. This is expected to positively impact the IT industry both in the
Malaysian and regional markets. Under this agreement, both organisations will jointly take
forward their key IT initiatives in a timely, efficient and effective manner to service
customers. They will also jointly develop and market IT solutions and services to local
companies, Malaysian government-linked companies (GLCs) and global companies within
Malaysia. TCS and Prodata will share their technology expertise in areas including open
source solutions, SAP-ERP application, application development and maintenance, shared
services/business process outsourcing, infrastructure services and business intelligence. We
maintain our Buy rating on TCS with a target price of `1,368.
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
TCS and Felda Prodata sign strategic collaboration
TCS and Felda Prodata Systems (Prodata) have signed an agreement to jointly develop
and deliver strategic information technology services and solutions to the Malaysian
market. Both the organisations will jointly identify opportunities to participate in tenders
from government offices. This collaboration is the first between the two organisations to
pool their expertise. This is expected to positively impact the IT industry both in the
Malaysian and regional markets. Under this agreement, both organisations will jointly take
forward their key IT initiatives in a timely, efficient and effective manner to service
customers. They will also jointly develop and market IT solutions and services to local
companies, Malaysian government-linked companies (GLCs) and global companies within
Malaysia. TCS and Prodata will share their technology expertise in areas including open
source solutions, SAP-ERP application, application development and maintenance, shared
services/business process outsourcing, infrastructure services and business intelligence. We
maintain our Buy rating on TCS with a target price of `1,368.
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