Delhi, June 15, 2010: Tata Consultancy Services (TCS), a leading IT services, business solutions and outsourcing firm, and Xyntéo, a strategic advisory firm specialising in low-carbon growth, announced a collaboration to jointly create solutions for a low-carbon economy. These solutions will be initially built and deployed in the Nordic market.
The partnership will look at find new ways to help companies increase productivity while reducing CO2 emissions along their entire value chains – right through to the final consumer.
"We recognize the need for collaboration to create solutions for our customers that address the challenge of global climate challenge by leveraging technology. With its valuable expertise in low-carbon growth solutions, Xyntéo fits in well as a value partner for TCS.” said A S Lakshminarayanan, Vice President & head of TCS Europe.
The low-carbon economy will depend to a large extent on the world’s ability to deploy IT to decarbonise the way people work and live. By driving energy efficiency and enabling the replacement of high-carbon goods and services with virtual technology, IT could save up to an estimated 15 per cent of total global greenhouse gas emissions by 2020, additionally saving € 600 billion in the process.
Dr Osvald Bjelland, the Chairman of Xyntéo, added: “As the low-carbon economy takes shape, carbon-efficiency will become more and more central to competitive advantage. Smart IT could deliver significant emissions reductions for individual businesses and thus the global economy as a whole. As a world leader in IT solutions, TCS has a potentially pivotal role to play in making this change a reality.”
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