TCS Share Price in Focus: Extended Partnership with ABB India to Streamline IT Operations

On Wednesday, November 5, IT services giant Tata Consultancy Services (TCS) announced the extension of its 18-year partnership with Bengaluru-based electrification and automation leader ABB. The renewed collaboration aims to modernise ABB’s global hosting operations, streamline its IT ecosystem, and reinforce its digital foundation.

Scope of Agreement

Under the agreement, TCS will help implement ABB’s Future Hosting Model—a next-generation IT infrastructure framework that leverages modular, AI-driven systems. This setup is designed to automatically resolve issues, enable faster service restoration, and maintain robust security with minimal manual intervention.

In addition, TCS will support ABB in realising its Core Platform strategy, which emphasises large-scale IT modernisation, enhanced self-service capabilities, expanded automation, accelerated cloud adoption, and improved operational resilience.

Management Take on Operational Development

Alec Joannou, Group CIO, ABB, said, “Our extended partnership with TCS strengthens ABB’s ability to deliver value to customers. By modernising our hosting operations, we’re creating a foundation for agility, faster innovation, and improved reliability across the business.

Anupam Singhal, President, Manufacturing, TCS, said, “TCS has been a trusted partner in ABB’s transformation journey for over 18 years. This latest milestone is not just a testament to our enduring collaboration, but a bold step towards reimagining ABB’s hosting landscape with a modular, future-ready architecture. At the core of this engagement lies a shared vision: technology must serve a higher purpose – to empower people, enhance agility, and drive intelligent, responsible operations. Together, we embark on a transformative journey to build a platform-driven core that will unlock unprecedented levels of efficiency, autonomy, and innovation for ABB’s global business.”

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Despite this positive development, TCS share price saw a muted reaction from investors, up 0.62% to ₹3,005 at 11:40 AM.

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