Tata Consultancy Services (TCS) on June 20 announced that it has launched three new hubs in Europe to expand its Software-Defined Vehicles (SDV) segment. It has set up two automotive delivery centers in Germany, and one engineering center in Romania.
The two newly launched delivery centers in Germany will help automakers in developing and deploying the company's software-driven services that cater to autonomous driving, infotainment, safety systems, and connected vehicle technologies, TCS said. It added that the engineering center in Romania will focus on designing and building advanced automotive software platforms to support early-stage development and innovation.
"These new hubs mark a strategic move to help TCS' global automotive clients accelerate their transition to next-gen mobility solutions … This expansion is part of TCS’ longterm strategy to strengthen its end-to-end automotive software capabilities, chip-to-cloud technologies, and services," TCS said in its exchange filing.
The company said that the strategic location of these centers will enable close collaboration with leading European OEMs and global automotive enterprises. The global IT service provider has already employed over 100 employees at these two centers, who will now work with over 2,000 SDV Engineers across its global locations. According to TCS, the diverse and global talent pool will help it develop "next generation automotive platforms" for digital cockpits and infotainment, advanced driver assistance systems, and other critical SDV functions.
"These new centers will position TCS at the forefront of automotive innovation, enabling us to deliver state-of-the-art solutions in autonomous driving and advanced cockpit systems. This expansion reaffirms our commitment to leading the transformation in the Software-Defined Vehicles space," said Regu Ayyaswamy, Senior Vice President & Global Head, Internet of Things (IoT) and Digital Engineering at TCS.
TCS had made the announcement in the post market hours of June 20. The shares of the company had closed in the green with marginal gains at Rs 3,434.35 apiece.
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