TCS, Hilton Worldwide ink agreement for IT services
Moneylife Digital Team 22 December 2010

IT bellwether Tata Consultancy Services (TCS) Ltd said it has signed a multi-year agreement to accelerate hospitality firm Hilton Worldwide’s technology strategy as part of the ‘Hilton Worldwide Innovation Collaborative’ initiative.

The Innovative Collaborative initiative aims to evolve Hilton Worldwide’s technology infrastructure and accelerate innovation across the company’s portfolio of ten brands, TCS said in a filing on the Bombay Stock Exchange.

However, the company did not disclose the financial details of the agreement.
“This relationship confirms our leadership position as the long-term IT partner best equipped to help global corporations transform their businesses using our full-service capabilities and domain knowledge,” TCS CEO & MD N Chandrasekaran said.

TCS will leverage its extensive experience on large transformational initiatives and modernising legacy systems to help develop a platform that keeps Hilton Worldwide at the forefront of the business and technology landscape.

On Wednesday, TCS declined 0.82% to Rs1,149.85 on the BSE, while the benchmark Sensex closed 0.22% down at 20,015.80 points.

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